Firering Strategic Minerals: From explorer to producer. Watch the video here.
Great posts there buddy full of great info for potential investors. Gla
I have never known any PI's as bitter as RRL. My wife has RRL shares 13p ouch but oil start ups are and always have been a gamble. I believe they will start production as the silver is there and the country stable. Comparing this to looking for oil in Somalia is like comparing apples and pears. GL with your other investments.
Hi Nat good to see another BMRer taking a look at other opportunities Your position makes sense there are as with all AIM shares plenty of unanswered questions. The weather is a big concern here as the mine is shut dec-april so we really need to crack on here before the onset of snow. This was originally going to take off production wise in 2012 so we are already 2yrs behind schedule. Lets hope we hear plenty of news before the end of the year GL
but we really need to push on with getting the stuff out of the ground. We should open higher this am.
I never got an email back but I only emailed the email on the website. Hopefully a rise on good results but the real rise will be when we announce production imminently. GL
not sure on that one but BMZ will move higher % terms in the short term. one thing to remember with this share is it only has a short season due to the mine location and snow. forget any mining happening dec-april so they need to get a shift on to produce results before the end of the year.
Hi Bill, I am regular on there and generally it's a good board. You become emotional with shares especially if like many inc me you have held for 3-4yrs so when someone new comes along and suggests your wasting your time and/or money the heckles do go up. That said if your being constructive and have a valid argument I don't see why folk won't hear you out. It's quite tense on there right now as they await the Kabwe news which given you have met MA you don't need reminding of the value which could be unlocked there. I don't think it will ever hit dd but 8-10p is still possible. Back to here and as with all AIM shares we wait for news of test results and the mill deal.. What I like about BMZ is it's not going to take much to shove it north of 5p which is double your money. I may leave the party at that point or at the very least top slice, this does have the legs to go a lot further though it's the age old question of how long will it take. GL
Hi Bill, no answer back as yet what I asked in the email was "Using all the information already in the public domain and all the information you may not currently be able to tell me. On a scale of 1-10 how confident are you of production within the next 3mths?" As soon as I hear I will of course post. As for RRL I held shares at 6p sold at 10p : but wify had shares at 13p and currently still has them :( ouch so a mixed bag. But that was oil which really is a black or red gamble this is silver from a historic mine located in a rich zone in the safest country on the planet. This will come good the question is how long will it take. in the meantime if I can get further opportunities to load up I will.
Hi not sure I was going to use the one on the bmz website. I will email over the weekend and let you know if I get a reply. Meanwhile topped up here again this am.
posters on here. It's only going to take a bit of interest & buys to move this into 3-4p range. It might be worth emailing PL to ask how things are progressing. This is looking very cheap to get in early IMO. GLA
Hi buddy I bought in here originally at 14p but cut my loses thank god at 11p . I have kept my eye on it and like all aim shares it has taken forever but at the price the shares really are a snip. It only requires a £1k buy to push this up 10% so imagine the impact on news of production. My thoughts 5p on initial rns then 8p when the traders arrive. It may settle back down after this but if they can give some long term good news it could have legs up to 20p. for now let's await news of production it's already 20 months over due and keep snapping up anything around hen current SP. gl
like all AIM shares but if they can get this into production this price will double at least. 10p could also be smashed given the upturn in the silver price (which might be a reason we have seen little in the way of activity). The other issue is dosh and can we kick off without further funding. Lets hope so.
and sleep................................................
fall below 2p next week I am back in it may take months years maybe but this could easily 4x on production.
but was RRL just a huge gamble on if you struck oil in puntland? My wife has some circa .13p but I told her it was a 30-1 shot if it came in she could have the TT but it dropped so she ended up with the Fiesta. I know many hate PL but this does look like it can happen given grades and location, there is a huge difference from the USA to Somalia and as I said before oil really is a gamble. Here however the snow is still melting and one year behind I would expect the mills to be producing this summer. At this price a 100% jump could easily happen just on production news. I am not in here currently (have been and used a stop loss), so not personally desperate for it to rise but I am keeping a close eye on the weather up there and the melting snow, my best guess is news of production late May but it is a guess. GL
add to that BAO (an old favourite), and EDL wife has shares in RRL(my advice), average 13p should I tell her? lol DOH!!
hi mate I keep an eye on this one as getting back to 10p 'should' be a doddle. It's just the timing of when to jump back in. They should be back on the mountain by mid April so looking to get in within the next few weeks as I do see value here if they stop pi$$ing around. my current Aim currently killing me BMR, grrrrr
18-24p possible once production at both mines is underway. With start up we could reach 8-9p GL
not easy to start production when the mines are still off limits weather wise. Late March is when I would expect a start.
looks like there is news around the corner. GL