Uruguay Mineral (SEE LSE:OMI) Share Discussion Threads

[robson1974] 14/10/2009 15:12

FVX now 19/20

was 17/18 when i started buying

should be worth 27 if we get to completion

[creteman] 14/10/2009 15:10

Good comment from ek on these reckons they should be north of 75p right now!

[skidaddle] 14/10/2009 14:41

As this is the UK stock exchange you would have thought they would have had the common decency to do a currency conversion on it first.

[robson1974] 14/10/2009 14:29

well they've issued themselves options at 0.61 in CAD so you'd think they reckon they are going to make some money on those and presumably they kept their 'promotion' in check prior to the issue, if they have any clue that is

[mg78] 14/10/2009 09:25

Yes thanks for the updates guys. Appreciated.

Good to see some more blue here once again.

[rivaldo] 14/10/2009 09:24

Thx also from me to Adam and Paul Curtis for their comments - good to see both so positive about UGY. That's enough for me to be confident too!

[explorer88] 14/10/2009 08:53

Adam - thanks for update.

What was decided about the proposed name change?

Will they be re-naming the company to Orosur Mining?

Thanks Adam ...

[fordtin] 14/10/2009 08:44

Hi mrmiyagi,

I already have LDP on my monitor thanks.

[qpwoei102938] 14/10/2009 08:33

I only said reducing!

It does seem the muppets are out in force though, and it will only end in tears for most!

[robson1974] 14/10/2009 08:33

the dash for trash was happening since March/April

i agree there are some worrying elements to the retail involvement at this juncture but it reminds me of Late 1999 so i still want to be around for any dot.com type bubble blow-off phase :-D

[qpwoei102938] 14/10/2009 08:26

he also brought many other shares to peoples attention, some massive losers.

This dash for trash is starting to worry me, and I am reducing my exposure to the market accordingly.

[mrmiyagi] 14/10/2009 08:19

Ford take a look at LDP this morning, highest ever volume yesterday and rounded with a 1million buy at close.

Zengas also a holder, the guy who brought GKP to the attention of many

[fordtin] 14/10/2009 08:07

"The letter of intent sets out a commitment, subject to due diligence by both parties, to enter into a definitive agreement by October 13, 2009.


Due diligence is still being undertaken by both parties and the parties have agreed to extend the date of signature of the definitive agreement to October 30, 2009. "

[robson1974] 14/10/2009 07:50

Uruguay Mineral Exploration Inc. ("UME" or "the Company") (TSX VENTURE:UME) (LSE:UGY), a South American focused gold production and exploration company, announces today that it has appointed Mr. Mario Caron as Non-Executive Chairman of the Company with immediate effect.

David Fowler, UME Director and Chief Executive Officer commented, "We are delighted to welcome Mario to the role of Chairman of UME. Mario's experience in developing projects will be very important as the Company looks to develop the Arenal Deeps project and expand outside of Uruguay in the coming year."

Mr. Caron, aged 55, is a mining executive with over 30 years of experience in the mining industry including board and management expertise in operations, exploration, and capital markets as well as government relations, from projects in North, Central and South America, Africa and South-East Asia.

[metamorphosis] 14/10/2009 07:39

BREAKING NEWS!!!
14th October 2009
Mwana Africa PLC
Freda Rebecca - First gold production

Mwana Africa PLC ("Mwana" or the "Company") is pleased to announce the first pour of gold following completion of Phase 1 of its refurbishment programme at the Freda Rebecca gold mine in Zimbabwe. 180 ounces of gold doré were produced on 13th October 2009.

Production rates from Phase 1 are forecast to increase to 30,000 ounces of gold per year by the end of 2009. Planning for Phase 2 of the refurbishment programme, which is expected to increase output to in excess of 50,000 ounces of gold per year, is well advanced. This will involve the rehabilitation of the second milling circuit and an increase in the capacity of underground mining equipment.


Kalaa Mpinga, Chief Executive Officer of Mwana said: "The first gold pour marks a significant milestone in the redevelopment of our assets in Zimbabwe and I would like to pay tribute to the application and dedication of our management team and staff who have made this possible."

[corrientes] 14/10/2009 07:16

Thanks for the news Adam. Looks like there's a good old management shakeup. What this company desparately needs. Good news.

[atlantic1953] 13/10/2009 23:05

Paul Curtis thanks for your comments.

[patelboya] 13/10/2009 22:46

ume? i thought it was ugy? so ugy goes down today and fvx goes up..?

[robson1974] 13/10/2009 22:44

buying FVX gets you into UGY potentially 40-50% cheaper as UGY have bid 0.456 UGY shares for every 1 FVX share ; although there is deal break risk, i don't think it is of the tune of 40-50% personally

[qpwoei102938] 13/10/2009 22:42

patelboya - it's the other way around. The price of UME affects FVX due to the purchase price.

[patelboya] 13/10/2009 22:40

wow robson how does FVX going up effect UGY ?

looking to purchase a small amount £5000, BUT im torn between SNS and these,

What do you think i should go for ? half and half maybe...

Thanks in advance.

[qpwoei102938] 13/10/2009 22:34

Still happy to hold and bought more today.

[robson1974] 13/10/2009 22:27

FVX up 12% in Canada