Templar Minerals Share Discussion Threads

[silveraw] 17/4/2009 23:23

Two possible reasons. 1: They have a large buy order to fill and need all the shares thay can get at the current share price 2: They are aware of news to come from the company that will cause a run of buying and they want shares now to sell at a nice profit later. I would expect that reason 1 is the most likely.

The same thing happened with VGM a whole bunch off selling without a price drop and then 2 x 6.5m buys come in so they had been accumulating to fill that order. Monday may well supply the answer. I held on to my TMP shares as it was clear that a price drop was not going to happen.

[6iain] 17/4/2009 18:40

Yet again far more sells than buys today, and yet again the share price rises.....Does anyone have any idea why?

[unconscious] 15/4/2009 11:11

I tried a dummmy purchase earlier and it seems all trades at 1.39 or above are BUYS, but the MM's want us to believe everyone's selling...
Some very large trades going through of late. Wonder what's cooking?

[sagem] 15/4/2009 09:06

Are these all sells today I wonder

[ianbrewster] 14/4/2009 17:34

SAGEM - where did that come from ??

[sagem] 14/4/2009 17:16

TEMPLAR FULL OF POTENTIAL

Templar Minerals Limited
Templar was established earlier this year for the purpose of making investments and/or acquisitions in the natural resources sector which may include exploration development or production projects in the minerals base metals precious metals or hydroca
Tuesday, March 17, 2009
Templar Minerals starts exploration work on Rio Paranaiba iron ore find, Brazil
company news image

Templar Minerals Ltd said phase 1 exploration works have commenced on the Rio Paranaiba project, a new iron ore discovery in the Brazilian state of Minas Gerais. It covers 140 square kilometers and is located 210 kilometres from the city of Divinopolis, a key manufacturing hub and steel production centre.

Initial geological sample results from the project range in values for iron from 26.8 percent to 67.2 percent with an arithmetic average 45.6 percent iron and 0.07 percent phosphorous. Recently received sulphur test work, which was undertaken following the previously released sample results, has confirmed all samples had low sulphur levels, typically below 0.01 percent.

As a result of the encouraging geological sampling received to date, the company has decided to bring forward an initial drill program on the project. The programme will begin in April 2009 and will test the strike and depth extents of iron mineralisation at several locations along the 28 kilometres of previously identified mineralisation.

Templar said it has disposed of its 90 percent interest in the Adjara project in the Republic of Georgia to locally based minority shareholders, relinquishing all rights relating to the project. It made the move in reaction to the recent instability in Georgia and current economic conditions.

Templar also said it has settled a possible £9 million claim by Viso Gero Global Inc in relation to the latter's sale to Templar of Vatukoula Gold Mines (VGM) through the payment of 200 million VGM shares currently valued at £1.45 million, plus deferment costs of approximately £0.95 million.

[ianbrewster] 14/4/2009 13:49

Assume today's rise is on the back of VGM's 57% increase

[unconscious] 10/4/2009 20:41

Canadian Zinc Corporation taking an 18.25% stake in VGM could be very good news as TMP still have a substantial holding in VGM: - 85 million shares, 4.47%.
If CZC (or someone else) decide to make a decent offer and TMP sell their shares then it would give the company a huge cash flow boost and I imagine the share price would react very favorably indeed. IMO

[richgit] 09/4/2009 17:46

Not long after my reply to Ihavenoclue on 29th March about VGM ,
today we have potential bids for VGM.

I am truly intrigued by TMP and confess my only reason for not selling and taking a fairly decent profit,is only because I noted that someone likes the stock.

The Iron ore project could provide a big payback,though it`s in such early days,
so at the moment I remain intrigued that either someone,or several,know a lot
more about the potential success of that project,or they know Mr Lenigas is planning something,and thus assume they dont think its just another monster share placing without including a viable asset purchase.

As I have said before-considering everything TMP has touched has near turned to dust,there is hopefully some reason why the stock isnt trading and valued
at the junk levels of the last horrendous placing.

In fairness the Iron ore project may indeed be sufficient to hold the Mkt Cap
up,and somewhat ironically if VGM (and I hope it doesnt)gets bid for TMP will
be booking another loss-yet perversely the Market will view that it has cash in the Bank from its sale of 85Million VGM shares and will probably push the stock up.

Also somewhat strange that the accounting date has been changed,so is that
part of the ongoing intrigue with TMP & VGM..all very incestuous !!!!!!

Pure fantasy--- yet is it conceivable that VGM could get the financial backing
with the help of Lenigas supporters & backers to buy TMP and also thus in one swoop secure its needed Finance...surely not.

[unconscious] 08/4/2009 17:18

I wonder if the sale of 5 million VGM shares for 27.5k at 13.23 is linked to the purchase of 2.9 million TMP shares for 26.1k, around 20 minutes later?

[6iain] 03/4/2009 19:55

Unless the accounts are in some way positive he could now totally discredit any company he cares to put his name against in future........!!!

[silveraw] 24/3/2009 11:06

What the...and now they drop the bid 20 points, again for no reason that is obvious in fact there have been far more buys than sells. . What on earth is going on

[silveraw] 23/3/2009 14:50

The bid has lifted 15 point todays for no reason tha i can see. This suggests that the mm's have a big buy order to fill and are touting for stock.

[ianbrewster] 20/3/2009 13:04

Vatukoula Gold Mines plc ("VGM")

[richgit] 20/3/2009 11:50

So far this has been a case of breathtaking waste of investors Money,as they
have thrown Money down the drain faster than Gordon Brown.

They incredulously left themselves in a cash position whereby they diluted any early Pi`s out of sight,and I`ve rarely seen such a devastating shareplacing
of 100Million shares to raise a pathetic £300k.

Fortunately I bought in at the fund raising level on nothing more sensible than
a stake at glory or bust-and their latest deal means I`ll stick for the long term ride,as the "potential" upside is huge.

It has also fascinated me that someone or several have shown appetite for large volumes being mopped up on a couple of occasions,and its remaining asset just could be that huge Multi-Bagger Glory.

When VGM`s share price goes beyond 6p the remaining 85 Million shares they
will hold in VGM would then support the current Market Cap.

I obviously havent invested my House on it,so wouldnt shed any real tears if it all goes pear shaped-this stock may just truly surprise,hopefully in a completely reverse way to its surprises so far.

[billthebank] 19/3/2009 23:48

Absolutely re buys. This share has responded well to te recent news which in my opinion can continuue. Over 1.05. To infinity & beyond?

[droftarts] 18/3/2009 13:43

Some nice buy's going through.

[raiderrm] 18/3/2009 10:38

droftarts
As I read it we made ZERO on Georgia disposal - the whole thing cost us $7.4M+

The VGM deal cost us £0.95M in fees AND 200M VGM shares (purchased for approx £4M) ie we have ended up paying £5M approx for 50M VGM shares - currently worth approx £330,000 and falling rapidly.

A potential share placement on yet another promise ??? NOT ONE HAS BEEN KEPT SO FAR.

[fathert] 17/3/2009 17:04

LOL - Lenigas and a share placement - two peas in a pod

[droftarts] 17/3/2009 16:58

I have just reread the RNS.

I see that the deferment cost of £0.95m has already been paid and that the additional purchase of 143 million share which we committed to but didn't pay is going to cost us 57 million shares that we already own in VGM thereby diluting our % holding in VGM.

Well at least it's all done and dusted and we know the final cost.
I just hope we have enough cash to finance the Rio Paranaiba Project but I think another placement is more likely unless we made enough on the Georgia sale.

AIMHO