Blencowe Resources: Aspiring to become one of the largest graphite producers in the world. Watch the video here.
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RNS today, states something completely different
Cheer mate, Sounds encouraging.
Interesting interview with David Cather, 'Opportunity for suffering Avocet Mining shareholders to finally see benefits, says CEO David Cather.' It would be encouraging to hear what progress is being made to re-open Inata mine. YouTube Published on 10 Nov 2016 - Not sure when this was filmed.
At 1216$ .. i never saw that coming. And avm back under 58.
Visit the Avocet Mining web site and you will see that UBS bought 21,842,192 shares in November, direct. This may be how the money to pay the sacked staff will be raised. If so, things should get back to normal.
Hi R999EEL Gold is falling despite great expectations of a price surge following a Trump victory. The stock market is doing well but gold is falling. The USA is in a state of shock at present; let's hope they don't take it out on Russia. Gold will rise but these things often take longer than we would like. My hope is that Avocet will reopen the mine; the deal on Tri-K development will go through, and Trump will turn out to be the best thing to happen to America since throwing out he Red-Coats. C'est la vie
Any news on why this is declining instead of rallying?
great timing what with the great RNS AVM also announced, coming together nicely for a good rally.
Well Trump has trumped and gold is climbing and is likely to continue when the US market opens. The court ruling was in favour of Avocet Mining and if all goes to plan the mine will soon open. I expect this share to then move back above 100 and climb higher.
Well done, PIs. Very good day. Wish I was in!
took some will see a nice rise here today
Phew
Yes saw it now thanks.
sunnybeachboy Try refreshing your browser. I copied it from RNS section.
Str123 Where you see that information ? I cant see rns on here.
Avocet Mining PLC ("Avocet" or "the Company") today announces that a judge in Ouagadougou has ordered the lifting of the seizure of the gold shipment which had taken place on 7 October 2016. The Company continues to explore solutions to resolve the 2 billion CFA (US$3.4m) legal claim made by ex-employees against Société des Mines de Bélahourou SA ("SMB", the Burkinabe entity that operates the Inata mine), which remains ongoing. In the meantime, however, steps are being taken to recover the seized gold for export and to reinstate normal gold shipments thereafter. The intention is to resume operations at Inata later this week if possible.
They must have a verdict from the court by now....
It s gonna test 40p, if it does not hold, could drop sub 30p
I have a feeling these will bounce big next week after the courts through out the case tomorrow I just cant see them letting this go under and closing the mine, there is just too much for the local community. I will be buying more tomorrow
If we lose the court case, game is not over. If we can't find $4 mln. to resume the production after a long cessation then it may be over. If gold breaks $1400, potential investors will queuing up to get the production going. Let's not jump to premature conclusions.
Next week. if they loose it could be game over. read the last RNS.
AVM very cheap at the moment, grab yourself some shares. This prices won't be here for long. http://www.investing.com/analysis/gold-on-track-to-1400-200162731
Everyone should read the last RNS before pressing the button.
$1300 is a very important level for gold as many people put sell orders at 1298. It may take several attempts to breach this barrier. Pullbacks to 1275 even 1285 will encourage buyers and create a platform to build on. With so much uncertainty financial and political turmoil around the world it seem very likely that gold is headed higher. If Avocet reopens we could be in for a treat. Patience is a virtue.
After hitting 1309 yesterday.. its back to 1288$