The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
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Or through browsing through todays posts have I missed someone taking the ****? Wish people would not do this if that is the case!!
Kentan. Nice to see your interest in Jay. Been there for a number of years (even before FAM days) It was only .54p 18 months ago, so 25 bagged since, but the potential there is enormous. Nice new presentation on their web site. Sorry for the off topic folks.
Anyone else find the last sentence or so from " hopefully we will see a counter offer" onwards interesting? Nolan Watson SAND CEO Comment From the following http://www.sandstormgold.com/ Commenting on today's announcement, Nolan Watson, President and Chief Executive Officer of Sandstorm said: "We believe that Hot Maden is a unique asset with a robust cash flow profile and will be an anchor gold stream asset that has the potential to more than double Sandstorm's attributable gold equivalent production once in full operation. We are confident in Lidya as the operating partner at Hot Maden and we look forward to watching the project advance towards production and the mineralization expand through continued exploration. Hopefully we will see a counter offer. We have certainly now achieved market exposure. We have raised the share price and if there is no interest in this merger then we wont end up out of pocket. They will just be a bit lighter than had hopped. Remember the webcast later this afternoon http://ow.ly/CDou30bafh0 Goodluck all Frits
Thanx Stardelta, will take a look at URU before I get involved. Plenty of activity lately. Have put in limit bids for JAY & SDX, both with a mcaps of £100m+ so institutions prepared to get involved and accelerate the price up. Upside on MARL now limited, so jumped ship for another ride elsewhere.
Just finished the RNS for a 5th time. This statement intrigues..."At an appropriate stage post completion of the Combination, Sandstorm intends to move from the current position of equity participation in the JV to converting the Combined Group's interest in the JV into a gold stream, adding significant future cash flow growth potential to the Stream and Royalty Portfolio. This will require the Combined Group to identify a purchaser for the JV interest, with consideration of such sale being a newly created gold stream, resulting in an effective conversion of the JV interest into a gold stream". It is the intention of the Combined Group to sell HM, so Glen what will the return to Shareholders be at that time?
URU mate
Made over a 3 bagger since buying in at 29p (old 2.9p before 10 for 1) and fully funded my ISA for 2018 with plenty left over. Was probably near the top price paid, ignore the 97.00p trades they were buys reported as sells because I reduced my limit sell from 99.5 to 97.5 to 95.5 to 95.0 before I was dealt at 95.51 just before close (£28.1k). Think £1 will be the mid price resistance level for a while, so happy with what I got. Now looking at SDX, JAY, SBTX and PXS (when the spread narrows) to re-invest. A pound (or 95.51p in my case) in my pocket is worth more than £1.09 before profit takers and MM's scaremonger... sellers back to mid to late 80's. ... as the man said, "you have to speculate to accumulate". Well done to all who have stuck with and supported MARL.
Been mad crazy at work. WTH happened here? Offer been made, put to vote? PREDICTIONS: Tomorrow up or down??
Been mad crazy at work. WTH happened here? Offer been made, put to vote? PREDICTIONS: Tomorrow up or down??
MRLDF up 68.55% @ $1.25 (97p) on over 3 million shares (30 times normal high volume) SAND down 9.9% @ $3.64 (284p) on over 7 million shares
Yep - lots of sneaky manipulation here to benefit the insiders BIG LEAGUE!
Very true, but he has been one of the few, along with Brent Cook, to have been banging the drum. He just got disillusioned while GP was cutting his deal...
Wel,l Dart said he sold most , if not all, of his Mariana shares. Too bad, so sad:}
Now they can actually start promoting HM instead of leaving it to Taylor Dart. Listening to the cc the difference between the SAND bloke and stuttering P was night and day. Still a dubious deal if you ask me, but at least we have a little enlightenment as to the last six months. GLA
Looks a reasonable bid for what has been years of faffing and is still a very long road ahead.
Sorry - SAND down only about 9% @ $3.67
Marl still heading north in Canada at $1.71
http://www.proactiveinvestors.co.uk/companies/stocktube/7348/mariana-resources-glen-parsons-talks-through-attractive-takeover-deal-7348.html Apologize if already posted
With a little more than 2 hours to go MRLDF on OTC real time quote currently trading at $1.22 (95p), up over 63% on over 2,500,00 shares - normal high volume would be 300,000 shares. Low was $1.05 high was $1.26. TSX on 15 minute delay MARL .V is Can$1.68 SAND NYSE real-time down 11.14% to $3.59
I would rather they just sold HM to Sandstorm and left us the rest of the portfolio, all the share price is for HM value so Sandstorm are getting the rest of our portfolio for nowt....
96p
I'd pondered this too, I think Sprott may be large enough to better this offer...