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If this gets brought down at 4-30pm...I'm gonna be proper p£&@ed off! And some bodies messing with this!! Leave it alone now...to build...
Hallelujah!!! Like I said....gut feeling this is going to do ..v well...... and has potential to be one of the best Junior miners in the market....com on AVM!! Hahaha! Well done....those still holding....b!£$$ of steel!! STRONG BUY!!
we are getting some positive news.... this could go hard coming time ! think is the moment to top up
1 Positive drilling results at Souma Avocet Mining PLC (“Avocet” or “the Company”) announces positive results from its drilling campaign at Souma, Burkina Faso. These are the first results from an ongoing drilling and metallurgical test work programme that commenced in April 2015. The programme will determine to what extent Souma might provide satellite ore feed to Inata, with minimal capital cost, or would be best suited to a low cost standalone heap leach operation, benefiting from synergies with Inata. Previous drilling has indicated that mineralisation at Souma is quartz hosted, and does not have the same carbonaceous ore types as seen at Inata. The objectives of the programme are to confirm that Souma’s metallurgy is oxide and non-carbonaceous, and to upgrade the existing resource of 0.68 million ounces in order to generate a maiden ore reserve. Highlights of this programme are set out below: DYNAMITE  DYRC0215: 18m @ 4.33 g/t Au from 20m  DYRC0208: 8m @ 7.70 g/t Au from 25m  DYRC0221: 22m @ 2.28 g/t Au from 2m  DYRC0221: 8m @ 5.36 g/t Au from 16m  DYRC0158: 3m @ 12.48 g/t Au from 27m  DYRC0167: 7m @ 3.68 g/t Au from 14 to 21m  DYRC0167: 14m @ 2.62 g/t Au from 43m  DYRC0184: 6m @ 4.74 g/t Au from 44m  DYRC0184: 3m @ 6.12 g/t Au from 27 to 30m  DYRC0217: 7m @ 3.99 g/t Au from 9m  DYRC0205: 15m @ 1.83 g/t Au from 6m  DYRC0202: 12m @ 2.21 g/t Au from 45m  DYRC0167: 7m @ 3.68 g/t Au from 14m  DYRC0206: 15m @ 1.63 g/t Au from 30m  DYRC0201: 14m @ 1.74 g/t Au from 2m  DYRC0200: 4m @ 5.90 g/t Au from 37m  DYRC0223: 7m @ 3.33 g/t Au from 39m  DYRC0233: 19m @ 1.03 g/t Au from 0m  DYRC0225: 5m @ 3.87 g/t Au from 8m  DYRC0184: 3m @ 6.12 g/t Au from 27m  DYRC0155: 4m @ 4.52 g/t Au from 41m  DYRC0235: 13m @ 1.38 g/t Au from 1m  DYRC0154: 7m @ 2.03 g/t Au from 30m  DYRC0199: 11m @ 1.26 g/t Au from 19m  DYRC0226: 9m @ 1.32 g/t Au from 32m  DYRC0223: 7m @ 1.65 g/t Au from 15m  DYRC0163: 10m @ 1.06 g/t Au from 5m  DYRC0227: 10m @ 1.01 g/t Au from 26m The above intercepts were determined using a 0.5g/t cut off, top cut 20g/t, minimum width to accumulate 2metres, maximum waste 2metres.
Hahaha! That's exactly what I thought when I topped up last week!! You know the history....when this starts to move...it doesn't hang around. It's the time to buy.....22+ shares for a quid.....cheap at twice the price. Investors will regret not getting in here....WHEN..... it starts to move!!. In a matter of a short time they'll only be able to by a fraction of the number of shares for the same price!! Hahaha! Nothing like stating the obvious...is there?! Just fulfilling my unofficial marketing role.....
Not sure if I'm mad or not but just bought another 25,000 shares @ 4.4. Surely too low?
That's what I love about gold mining companies. We have no idea what's going on in Burkina Faso, but the SP goes up because gold is having fun. Tomorrow If Yanis Varoufakis makes a daft statement about their potential Grexit, we will be laughing. Still no idea what's going on at Inata.
Take a glass of water. Put a piece of gold in it. (ear rings would also do). It will be floating.
Thanks...interesting. If they take that option to buy their own companies shares buy...2016 it will send a real positive message out to the market that they have a true belief in what they are trying to achieve. And that they have finally put themselves in a good position. I'm liking that! Borrowing 250 mill...to develop Tri-K and Souma...phew...that's a hell of an overdraft!!! Somebody must have crunched the numbers and thinks it's worth it...and as I mentioned before....AVM gold reserves are Marks & Spencer quality!!!
Guys got sick of us languishing in the red....so I've just topped up again....and we've gone green...for a moment! Haha!! Gut feeling for the future on this is...v.good!!
Sorry mate....where would I find this letter??
under point 12 a
Sounds interesting! Where did you hear that? Would be a significant vote of confidence and a reflection of what lies ahead...if they did!
Is it correct that they will start (or have the intention) buying up to 10% own shares ?
If you put some in a helicopter....it would go down!! Haha!
Dear Sir....You need to talk to your long suffering investors. Communication is essential at times like this. The mining sector is continuing to get hammered on a daily basis. The difference between you and the really good companies in this field is that they release timed news to inform and keep the interest and momentum bubbling!!The lack of news is giving off the impression that this company is on its way to be finished. We know that that's not the case from the very rare bits of information you do release. Most of us haven't got a b!£$dy clue what you lot are up to.....namely....long term funding. You have been dealing with this issue for well over a year now...WHAT'S HAPPENING!! Talk to your investors....because if you don't many will lose all their savings....as this SP heads South...towards 2p! Any positive news to give the company a lift and investors confidence in the future. Make it up if you have to....just keep it positive. RELEASE SOME NEWS.
Barricks 5 core mines have a reserve grade average of ......2.01 grams per tonne. That's more than double its peers (a number of other well known miners), average, which is 0.9 grams per tonne. AVM's Inata mine....check this out!!...........2.16 grams per tonne. And a couple of their other mines...1.22-1.61 grams per tonne!! May go some way to explaining why Elliott keep subbing them!! Thars good gold in them thar hills...get yer shovel sethee...we. got some digging to do!! Haha!!
Good stuff mate,,, they could do with you as a consultant. Think we have to stick with it! I've got so many of these now its not funny....consolation is that my average has come right down!! This pops and there's gonna be the mother of all parties...that's for sure!! Red Kite have a fund of 1 billion dollars available as loans for Junior Miners. They have already financially supported 17 developing companies. Trouble is we are so obliged to Elliott now that it's a little worrying! However the relationship seems tight...as they keep coughing up. Lets hope it's for the right reasons....I'd like to think so. Keep the faith guys....we'll be fine!
I agree Lofty - there doesn't seem to be an awful lot of logic to the movements. I am getting a little nervous it has to be said but I'd find it hard to stomach selling this below 6 or 7.....could be my downfall. From what I'm reading, this is the critical year. They need to find more funding but I suspect that may be difficult. I'll hang on for a bit but I'm not as confident as I was at the beginning of the year.
Shocked (having looked at volume) by the size of the loss today. This share is getting well and truly sacked...for some reason....no matter what! Now in range of ALL time low....money must be disappearing from shareholders portfolio's like cash down a drain.....really sickening.
Put the following in order of boring Watching the fire go out. Watching the gold price change. Watching paint dry. Watching AVMs share price change. Reading Lofty's LSE chat site posts. Sorry guys...just trying to liven things up.....yawn.......Zzzzzzzz.
Cor...it's gone green for a thousandth of a second....if it keeps going up like this...we'll be back where we started months ago. I can't contain my excitement! Seem more movement in a tramps vest! Haha!
Great volume today.....gold going up for a while.....guess what? AVM SP down!!! Someone's taking the pith! Haha! Doesn't happen anywhere else...only AVM!