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Member Info for JDwag

Member Since: Mon, 16th Jan 2012

Number of Share Chat Posts (all time): 2,161
Number of Share Chat Posts (last 30 days): 195

Last Posted: Fri 18:13

Post Distribution over the last 30 days

Fri 18:13

Got rid of our 4th or 5th mist prized asset and even got something for it, and now we have got rid of the Pinewood running costs to boot. The company is now more streamlined and cost effective as of today.

Rukwa, Imweru and Haneti to come. The prize is and always will be the Rukwa JV.

I am hoping for big news next week or the week after.

Fri 15:40

I hope it is, I hope it isn't a trucks headlights lol.

Fri 15:38

Alright fella, hope you are well?

I think if we can all sit tight we may (may) be in for that long awaited Commodity comeback play we have spoken about previously on ECR BB. There has been many false dawns however, so only time will tell us, it is a true nature of how utterly depressed Junior Explorers SP have become when you have the likes of KIBO at £4.5K MCAP and CRND (before buyout news) was tarding at double diget discounts to the sale price of it's main asset. Madness.

Hopefully with the China Central Bank rate cut Commodities / Junior Explorer Markets are about to take off!

Fri 14:22

We are now 50% over the highest daily volume ever recorded for KIBO (Post Consolidation) and counting! Follow the money folks, it’s piling in here.

When I look at the Metal Tiger / Paul Johnson Deal the more and more you have to think that Metal Tiger / Paul Johnson has taken the 10m shares in order to make an instant profit on the £150K expenditure (many times over) which Metal Tiger / Paul Johnson can then plough back into the Pinewood / Uranium JV and thus this will cost in all reality nothing for Metal Tiger / Paul Johnson.

You have to hand it to these boys what a deal, they plough £150K into KIBO up front, it 7 bags to £1.05m (as an example) they take back their £150K expenditure and plough the rest into the Pinewood / Uranium JV so they manage to meet their £800K JV Terms and Conditions to earn 50% for quite literally no money. Where can I get this deal?

KIBO will forever be in Metal Tiger / Paul Johnson / Miningmaven’s good books for a very small dilution (lots and lots of good press to boot, PJ / Miningmaven has been good firends to KIBO / LC), Metal Tiger / Paul Johnson get a free buy in and expand their asset base by £Millions for nothing in real terms and also get the cash to take on and develop Pinewood / Uranium, KIBO gets rid of Pinewood / Uranium permits (which it doesn’t want now anyway, bigger fish and all that) and KIBO gets money’s coming to it over the next X Years for the deal (income).

All that now needs to happen for this to play out is that Rukwa JV gets announced and KIBO re-rate to a Market Cap north of £25m and KIBO / Metal Tiger take their prize. Which is a given on news of a deal.

Fri 12:28

Just look at CRND. Another offer for them. There is clearly very heavy interest in that part of Africa for Commodity plays, of course LC could have had a deal here donkeys ago, he held off for the best possible deal. Please let it be a stonker!


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