Zanaga Iron Ore Share Discussion Threads

[jumpenjim] 02/10/2013 11:00

something afoot here ?

more sells than buys and there still offering 23.75 ???

2 days ago you were struggling to get 22.75 ???

watch this space

[scottishfield] 30/9/2013 11:40

perhaps up now, nice quiet board currently.

[shaunstar] 30/9/2013 07:57

6 month results - not much we dont know

[saikat] 26/9/2013 17:52

I still don't expect the great big plunge for sometime - except may be for some particular asset classes. It will be more rotation in - rotation out - skittish - but tremendous long term damage is being done by the Central Bankers - the west is gone for at least one generation (except certain pockets of high desired skills and some simple enough sectors - the middle will struggle).

[buck naked] 26/9/2013 17:45

Nothing to be embarrassed about. Profit is profit.
And to be honest...I also switched to short term holdings since I don't trust the market anymore. Might be even out completely in march until things change.

[saikat] 26/9/2013 17:24

I did pick up Buck a small position. But I sold today - quite embarrassed to admit as I fancy myself as a fundamentals sort of person. I like the fundamentals of AMI as I have mentioned a few times before - but everything is so deflationary - nobody has time for future rewards. It is all show me the cash.

Even the Fed realizes that. They are not even worried of inflation. They know that two corkscrews of uncorking of QE will plunge the world in deflation - don't even have to increase interest rates to control inflation - at least not yet.

[buck naked] 26/9/2013 17:15

Saikat, hope you picked up some AMI earlier.

[knocknock] 26/9/2013 16:02

Hopefully down to 3p , yeah right!

[mcsean2164] 26/9/2013 15:25

wow, pumped by SBM, it would have been nice to get in back in August.

Anyone think it will be dumped all the way back down?

[knocknock] 26/9/2013 10:34

Mr T. Lol, still tooting is he?

[saikat] 26/9/2013 08:51

Timis has been a huge problem - That is why Tonkolili is still so undervalued. But if the Chinese (who are the only players in town) trusts him, maybe he will not need to go back to his old days. Also Simandou and Tonkolili are probably bigger deposits than Zanaga.

[bumpa33] 26/9/2013 08:48

Course we will, biggest iron ore deposit in Africa has actually a negative value.... FFS, you ever heard of Frank Timis btw...????

[saikat] 26/9/2013 08:39

If Tonkolili, post infrastructure is valued by the Chinese at $6 billion, then Zanaga, pre infrastructure, will be valued negative by the market. That is the problem we have.

[saikat] 26/9/2013 08:26

Fred, Did you see the AMI news?

[blueball] 25/9/2013 17:01

Low volume day managed to stay neutral.

[okuta] 23/9/2013 15:38

This is probably a repeat but worth a second reading.

stock o pedia.co.uk/content/small-cap-value-report-16-sep-fccn-zioc-77281/

[blueball] 23/9/2013 12:53

Turning now I knew it would.

IRON the next ASOS imo probably a 50 bagger in time.

[cammy3] 23/9/2013 12:48

In fairness it was advising those who bought in early to take a profit. However, long term it looks sound

[theoy] 23/9/2013 12:35

tks cammy. Should bring in the buyers tomm then

[cammy3] 23/9/2013 12:33

its on Page 12 of this week's shares magazine

[theoy] 23/9/2013 12:09

When was that note out cammy? I understand the company are also doing presentations this week. Should bring in the buyers on a larger scale.

[cammy3] 23/9/2013 12:01

Liberum calculates 123p share price and thats just for stage one. You'll be pleased to have closed your short bam bam

[bam bam rubble] 23/9/2013 11:05

Exited ZIOC short trade today for couple of points profit as found a better alternative - Ironveld which has quite a weighty valuation compared to the likes of Cardero on the TSX

[theoy] 23/9/2013 09:28

Took some at 21.5p. These hit 35p a week ago so fall overdone imo.