Rainbow Rare Earths Phalaborwa project shaping up to be one of the lowest cost producers globally. Watch the video here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
Thanks for the info and yes I know where they operate and I know what they have a how much they should be worth and 3p is cheap very cheap.
They operate in Northern Spain. You will be dead long before they manage to get a mining permit. Ormonde are just sitting on their hands since July 2012 and still not even a hint of its "Imminent" arrival .. Emed the same.. Spain is to be avoided.....
Something happening here mate or maybe the market is only just waking up to AUR after a long time down in the dumps. This has to be worth 4p - 5p surely.
AUR ... The Cabeza project looks really good ... They seem to have funding problem ... But bod are very upbeat about Cabeza with high grades ..Pino is good too with 360k Oz production yearly from near by sites & 3.6m Oz resource ... El- Facho resources estimated up to 145k Oz (with limited work done) £700k cash at the mo Plymouth Min seems keen to take AUR tungsten assets for £2.5m which would be higher then AUR mc Bel
Buy 50000 AUR - AURUM MINING ORD GBP0.01 at a price of 3p
BOOM!!! This is away and spread is now 2.5p - 2.75p. Very hard to buy anything at all here.
yep good possibility. no brainer at this level IMO
I have read them all and it does look seriously cheap. Why so low and very hard to buy all morning. This could blow very big. Has to be worth 4-5p at least. Something is happening though for this to just pop like that. Takeover???
have another read of RNS's, this shouldn't have dropped so low in the first place.
MiningMaven - #AurumMining (LON:AUR) Sometimes you have to go off-radar to find the opportunities. Aurum Mining (LON:AUR) is, right now, pretty much off-radar. Few investors realise the potential this tiny £3mn cap Gold company holds. The company is now solely focused on Spain, with three highly prospective gold projects (in joint Ventures with Ormonde Mining (LON:ORM) (which helps defray the cash burn), and a clutch of equally prospective 100% owned Tungsten permits. Most of the focus to date has been on the company’s Pino, Cabeza and Peralonso gold projects, but the company is also eager to progress the Morille Tungsten permit area and investors will probably be aware of the recent excitement generated by other Tungsten plays on the market. You won’t find the management team at AUR jumping up and down like excited bunnies, they seem to be more focused on building a technically strong portfolio of assets and driving forward operations within the usual financial limitations of small caps. Right now the market reflects very little value or potential, but we have started to notice some early signs of investor interest coming in this week.
Good entry price here, it seems to move quick on small volume.
Those unloved shares are the once that will bounce right back up ... Most sellers seems to be out now ... Buyers should see this heading back up .... Very low MC Bel
AUR ... The Cabeza project looks really good ... They seem to have funding problem ... But bod are very upbeat about Cabeza with high grades ..Pino is good too with 360k Oz production yearly from near by sites & 3.6m Oz resource ... El- Facho resources estimated up to 145k Oz (with limited work done) £700k cash at the mo Plymouth Min seems keen to take AUR tungsten assets for £2.5m which would be higher then AUR mc Worth watching Sp near bottom too Bel
Can't see any future here. I could have waited for AUR to get a good mention at one of those seminars, and then leaving, but I can't even see real movement. I'm out. Good luck to anyone left. Directors are 2/3 out too.
..
not much given low EV accorded to goldies atm...cf AAU or STI with much better assets imv
Thanks for info.
So what do you value the gold mining side at???,1-2-3 million?.
...Plymouth may exercise its option to buy AUR out "at any time" for £2.5m, no?
Depends on how much they start producing now from tungsten mine,which is a commodity in short supply imho.
by Plymouth's option to buy AUR's interest for £2.5m? ...doesn't that make this fairly dreary/unattractive?
Ha yes thanks,older and wiser!!!,yes this looks quite good imho.