Xceldiam Share Discussion Threads

[bantam175] 19/12/2006 16:11

Someone's accumulating. 2 * 100000 trades yesterday and today.

[hectorp] 17/12/2006 13:38

xceltdiam.. oh I get it, excel diamonds. phoarr.

I suppose there is a case for buying into this share to hope for diamondiferous traces in the bulks, because if so, why should they not also gain a J/V with De Beers or Billiton? that would put a rocket under the sp, even if it came to little at a later date.
Of course the 3 miles by 4 feet thick gravel find ' had produced diamonds' from earlier working on a small section of it. The gravel mining would be open cast, so easy and cheap...

PS - are the indigenous miners nearby in fact finding 'diamonds' ? It would help !
at least XLD hold 40% of the kimberlite and 39 % of the gravels soncessions...considerably more than PDL on their adjecent sites.

[sitiain] 17/12/2006 12:10

not any interest here which given PETRA share price rise is very surprising.





interesting times ahead if the bulk samples everybody is going on about at
PDL are good, this little un-noticed stock could outperform them all...........
thoughts please.

[jason8466] 13/12/2006 17:37

up 10 pence since lows bantam, i think thats interesting lol

[bantam175] 12/12/2006 12:58

Not a lot of interest here considering

[mdchand] 27/11/2006 12:39

taken from minesites recent forum on the 14th Nov.........a formal xceldiem presentation.....worth reviewing.

[beaufort1] 24/11/2006 16:02

Agree Jason

[jason8466] 24/11/2006 14:13

petra swallow xld and BHP swallow petra. Not on the radar yet, but will be.

[bantam175] 22/11/2006 11:23

Just grabbed a few but trade not showing yet. Could be back @ 50p+ very soon imho.

[jason8466] 21/11/2006 17:17

thanks mdchand, very interesting link.

[mdchand] 21/11/2006 15:30

another article about diamond hunters in africa.........

[beaufort1] 21/11/2006 14:37

...by Petra

[jason8466] 21/11/2006 13:24

Any more finds and these will find themselves gobbled up.

[Abuse team] 21/11/2006 08:09

Post removed by ADVFN

[mdchand] 17/11/2006 09:42

a nice article on these guys.......

[wassapper] 06/11/2006 21:10

Xceldiam management will be presenting at the next Minesite on 14th Nov. Just received this in the weekly newsletter. Attendance is free and there is a lunch so you can chat with management ...

If you have not already done so, you still have time to Register for our 36th Minesite Mining Forum, Tuesday, Nov 14th, 2006 at the Great Eastern Hotel, London.

Companies presenting are:

Cambridge Minerals
Cape Lambert Iron Ore
Cluff Gold
Metals Exploration
Ridge Mining
Xceldiam

Register Today!

[jason8466] 24/10/2006 17:15

i think it means 26p was the bottom lol

[din007] 24/10/2006 09:23

Sounds like good news..
But what do I know.

[din007] 24/10/2006 09:23

Xceldiam says found 200,000 cubic metres of alluvial gravel resource at Luangue


LONDON (AFX) - Xceldiam Ltd said trenching results at its Luangue Concession
in Angola have revealed 200,000 cubic metres of alluvial gravel resources and
combined open-ended strike lengths of more than 8 kilometres.
The diamond exploration firm said it has now started bulk sampling for grade
assessment and economic evaluation.
Mapping of the trenching in the Canguvo area of the concession has revealed
soil of 1.16m gravel thickness, occurring for over 3 km along strike.
A mobile sampling plant has been commissioned for pre-concentration of the
stockpiled Canguvo gravels ahead of processing during October and November for
diamond recovery and grade assessment.
In the Sampoio-Ngombo area, two alluvial occurrences, a 0.5 metre thick
flood plain gravel and a 1 metre thick terrace gravel over a 5 km strike length
were found in earlier drilling exercises. Trenching is now underway and is being
extended to sample gravel horizons along the entire strike length.
"A small section of this target area was previously worked by small scale
artisanal miners and is known to have produced good value diamonds," the
drilling update said.
Chief Executive Tim George said: "Work in the months ahead will define the
full extent of the resources and the economic mining potential with a view to a
production decision in early 2007.
"The information derived from the alluvials will also be useful in the
ongoing drilling programme of the kimberlite occurrences around the alluvial
deposits where we have completed over 1,000m of core drilling."
[e-mail]

[mdchand] 16/10/2006 13:38

jeremyd - the june figures stated a cash balance of $14m, which I crudely approximated to £8m sterling. With these shares news flow is king and any absence of positive news (especially cash flow news) is gonna send the shares lower as there are no buyers atm.

[jeremyd] 13/10/2006 16:11

Beg to differ mdchand
june 30th figures are in US$ so i think ntav more like 15p a share and cash £5mill - still not bad though - that is until some lunatic broker with a forced seller traded at 15p today -250000 i am reliably told- nice bid if you can get business like this or unless the seller has a lot more or knows more?
time will tell i guess - but either these will go lower now on that print when we see it- In the absence of anything bad will give me a chance to add closer to ntav

[milner2] 13/10/2006 15:51

Broker to Broker.........

[din007] 13/10/2006 15:46

What is a B trade?

[milner2] 13/10/2006 15:21

B trade that forced the price drop.
Have the feeling that Petra are watching this very closely.