Tertiary Minerals Share Discussion Threads

[plasticdazza] 11/7/2014 15:02

The funds raised today will be followed by a major announcement imho, TYM don't need the cash to continue trading, keep a very close eye on this.

[philfromfrance] 11/7/2014 10:50

Cash available on the 31/03 was £914,748, fund raise on the 15/04 of net £167,178 (net 11.22 per share), fund raise 11/07 of £420k at 5.75p - why now, when the share price is in a trough & was the £167k the max available from Darwin, on the complicated formula?
Both PC & RC have e mailed me recently & are both concerned about the possibility of a shareholders action group!!!!!!! If any of you are holders of Range Resources, you will know how well RIG is doing in holding the Board & Executives to account & the share price there has risen almost 300% recently!!
The lack of (KNOWN) forward planning, apparent inertia & ineptly timed fundraise make me even more detirmined to explore that possibility!!
If any long term holder would like to contact me, please feel free on slpsearch(at)orange.fr

[benchmark] 10/7/2014 22:40

Hmmmmm - no!

[the888account] 10/7/2014 10:55

Not even any trades to look at, volume is epic low.
Sod it, 5.5p repeat order placed - worth a shot eh.

[emtrad] 09/7/2014 19:48

Few months in and around 5-7p then a spike? Can't see much movement up or down for now.

[benchmark] 09/7/2014 17:33

I have been here for something like 14 years - I know what boring is! I have effectively written off TYM and focused elsewhere. If it ever comes good then I will regard it as a surprise bonus

[the888account] 09/7/2014 11:41

God this is boring.

[the888account] 01/7/2014 13:22

I gave up talking to PC along time ago - I understand the "cant reveal price sensitive info" bit 100%....but when I'm just asking for a basic update ie progress, whats going on it gets a bit frustrating when he pulls out the "price sensitive" bit.

Meh....

Anyway, volume a bit better today, few buys nipping in around the 5.5p level, so there seems to be support: Technially and fundamentally with the buyers.

Not big fish, but it gets us moving! +10% on the day.

Cheers
888

[philfromfrance] 01/7/2014 10:19

Have kept quiet for a while, hoping that we would have an update by now - 12 weeks since JORC results!!
Probably the only mismanagement was mine in putting over 10% of my funds into a small AIM resource Company & not taking more off the table over 12p, with what turned out to be an unrealistic target of 15p!!!! lol
However, i have pointed out that forward planning could be improved, along with the management of expectations!! Like most similar Companies, the share price often is only as good as the next EXPECTED rns?!!!!
Had a good chat with PC & although i came away with the impression that they were like 'ducks on the pond'-(apparently calm but working away under the surface), he obviously could not talk about any price sensitive information!!
Well, let's hope that we are updated shortly & before we fall to the last resistance level at about 4.8p!!!!!!!!!!!!!!

[plasticdazza] 26/6/2014 23:04

Enjoy the ride longs...no pain, no gain.

[the888account] 20/6/2014 20:18

True Benchmark - but we all know what a few buys do the TYM share price.....

[mikkydhu] 20/6/2014 12:41

Interesting, andrbea, that you mention niobium here. Puts me in mind of Ghurayyah in Saudi Arabia where Tertiary once had a licence. The resource there, where tantalum was the main interest, included 385 million tonnes grading 2,840 g/t niobium pentoxide. I wonder what the Saudis will do with it.

[benchmark] 20/6/2014 12:25

Too many false dawns with Tertiary to have any confidence in a few small BUYs. Corporate news might be the only salvation.

[andrbea] 20/6/2014 12:18

with that niobium find in Australia, REM should be higher I reckon
My post earlier today:

DL mentioned niobium last week. Here's another company (NioCorp) which is also after that rare earth. Its share price has doubled since April: Some links : hxxps://www.google.ca/finance?q=CVE%3ANB&ei=eMmYU5jFEKWYiAKPlYHgBA
hxxp://rareearthinvestingnews.com/21264-why-niocorps-elk-creek-niobium-project-is-worth-a-look.html
Also, the latest EU report on rare earths classifies the world supply of niobium as 'critical' and lithium as 'non-critical'....

[the888account] 20/6/2014 10:23

14% spread!!!

Just scuppers any decent trades coming in, who's going to swallow a 14% spread at the off!?

MMs doing a sterling job.

That said, some buying action this morning, probably based on the low (and the logic I applied with my limit order). Looks like others thought the same....

Sit back now, light the BBQ and have a smoke and wait for the trade to come in.

10:08:05 5.95p 50,000 £2,975 5.5p 6p Buy
10:05:58 5.9p 20,000 £1,180 5.25p 6p Buy
9:52:02 5.81p 6,000 £349 5.25p 6p Buy
9:51:13 5.75p 43,304 £2,490 5.25p 6p Buy
9:49:23 5.5p 150,000 £8,250 5.25p 5.5p Buy
9:44:55 5.49p 50,000 £2,745 5.25p 5.5p Buy
9:43:44 5.48p 45,419 £2,489 5.25p 5.5p Buy
9:17:59 5.47p 20,000 £1,094 5.25p 5.5p Buy

[the888account] 19/6/2014 15:12

Didnt get a chance to post yesterday. My limit order at 5.5p cleared yesterday.
Boom shake the room.
Good value from here, worth the trade.

18/06/14 Purchase 4669532053 36,146 1,999.98

[the888account] 16/6/2014 09:56

oo0000ooo its so close to 5.5p!

[alimac100] 11/6/2014 10:07

While we endure this painful period of no news and slow progress, some background reading from the EU who have updated their report on critical raw materials:-




From TYM's perspective, good to see Fluorspar is up in the top quartile for both economic importance & supply risk. There is also some interesting info on the racier end of the materials sector for anyone dabbling in REMs & other 'exotics'!

[the888account] 10/6/2014 12:40

Agree with nigthepig - not sure of its benefits at this current time.

We dont actually need that much information to help settle the ship - So i think the approach of contacting PC is probably the way to do it....(perhaps a few others should as well?)

If we were being "mismanaged", then ok, but its just a lack of clarity and newsflow rather than mismanagement.

[nigthepig] 09/6/2014 21:19

Being a reasonably large shareholder myself I fully understand the sentiment. Not sure this is the way forward at this time though. Be interesting to see what reply you get from PC.

[philfromfrance] 09/6/2014 13:53

With just under 2m shares, i have obviously been very dissapointed in the decline in the share price, since the JORC announcement!!
Rather than a 'we know of no reason' RNS, i am sure we would have preferred a RNS showing plans & timescales & some indication that the Board was taking on board the poor PR & would be improving information given to the market in the future!!!!!!!!!
I have written to Patrick & if i am not reassured on the above, will start to canvas support for a 'Shareholders Action Group' (a la RIG, which has done wonders for Range Resources)& then small shareholders can start to hold the Board to account for their actions (inactions)!!!
With 1.25% myself & a few others holding a similar amount, it would not be difficult to construct a group holding in excess of 10%!!
I will let you know, as soon as i have some response!!

[clearsoup] 05/6/2014 21:40

FWIW I have added to my holding.

[tyranosaurus] 04/6/2014 19:51

Patrick Cheetham may be an excellent geologist and a tireless ferret BUT what experience has he got of actually mining and selling the minerals ?