Member Info for Globalcrossings

Is trying to take the reins of CAN...

It looks like a takeover to me if interpreted it properly!

http://www.screencast.com/users/globalcrossings/folders/Jing/media/dce4e9d3-4001-4710-900f-4ce58f5fb063

Was brewing this morning!!! http://www.screencast.com/users/globalcrossings/folders/Jing/media/be689c8b-5ff6-4ecf-b0c6-fd5505445474

http://www.investegate.co.uk/Article.aspx?id=201006171015017829N

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  "New Dawn Makes Major Investment to Expand Position in Zimbabwe Gold Mining Industry   Acquires 89% Controlling Interest in AIM-Quoted Central African Gold Plc   Central African Gold PLC Owns Extensive Portfolio of Gold Mining Assets and Operations in Zimbabwe     Highlights:   ·    Targeted objective is to reach consolidated annualized gold production of -   o 50,000 to 60,000 ounces within 18 to 24 months   o 100,000 ounces within 4 to 5 years   ·    Ultimate goal is to reach 200,000 to 250,000 ounces of annualized gold production and become a mid-tier gold producer   ·    Investment represents -   o Substantial increase in New Dawn's gold mining business   o Focus on and commitment to gold mining in Zimbabwe   Toronto, Ontario, June 16, 2010 - New Dawn Mining Corp. (TSX:ND) ("New Dawn" or the "Company") reported that effective June 16, 2010, it had made an investment resulting in the acquisition (the "Acquisition") of an approximately 89% controlling interest in Central African Gold Plc ("CAG") from the three largest shareholders of CAG (the "Sellers").  CAG is a gold mining company with operations in Zimbabwe, the shares of which are admitted to AIM, a market operated by the London Stock Exchange plc.            New Dawn also contemporaneously completed a purchase, by way of Deeds of Assignment, of the convertible and non-convertible debt (the "Debt"), consisting of both principal and accrued interest, owed by CAG to the Sellers amounting to approximately US$7,080,000 (equivalent to approximately Cdn$7,316,000) (the "Assignment"), the result of which is that the Debt is now owed to New Dawn by CAG.   The Acquisition and the Assignment were accomplished through New Dawn's wholly-owned subsidiary, NDM (UK) Ltd.   CAG, through its wholly-owned subsidiary, Falcon Mines Holdings SA (Luxembourg), owns an approximate 84.7% interest in Falcon Gold Zimbabwe Limited ("Falgold"), a company currently listed and trading on the Zimbabwe Stock Exchange, and a 100% interest in Olympus Gold Mines Limited ("Olympus"), a private Zimbabwe company.    The completion of the Acquisition is consistent with New Dawn's stated business objective to become a mid-tier gold producer and the 'in-country consolidator' of gold mining assets in Zimbabwe.  With this investment in CAG, New Dawn has taken a major step towards realizing this objective.  Through this transaction, New Dawn is increasing its gold resource base and associated mining capability to support a consolidated annualized production of 50,000 to 60,000 ounces of gold within the next 18 to 24 months, followed by an increase to 100,000 ounces of gold within four to five years, with the ultimate goal of reachin

New Dawn released the following announcement on 16 June 2010 on the Toronto Stock Exchange: "New Dawn Makes Major Investment to Expand Position in Zimbabwe Gold Mining Industry Acquires 89% Controlling Interest in AIM-Quoted Central African Gold Plc Central African Gold PLC Owns Extensive Portfolio of Gold Mining Assets and Operations in Zimbabwe Highlights: · Targeted objective is to reach consolidated annualized gold production of - o 50,000 to 60,000 ounces within 18 to 24 months o 100,000 ounces within 4 to 5 years · Ultimate goal is to reach 200,000 to 250,000 ounces of annualized gold production and become a mid-tier gold producer · Investment represents - o Substantial increase in New Dawn's gold mining business o Focus on and commitment to gold mining in Zimbabwe Toronto, Ontario, June 16, 2010 - New Dawn Mining Corp. (TSX:ND) ("New Dawn" or the "Company") reported that effective June 16, 2010, it had made an investment resulting in the acquisition (the "Acquisition") of an approximately 89% controlling interest in Central African Gold

She's Moving... GLA

Move!

RNS Number : 7829N Central African Gold PLC 17 June 2010    Central African Gold Plc / Ticker: CAN / Market: AIM / Sub-sector: Gold Mining 17 June 2010 Central African Gold Plc ('CAG' or 'the Company') Holdings in Company   The board of directors of CAG ('the Board') was today notified that, on 16 June 2010, the Company's three major shareholders, being ECP Africa Fund II PCC ('ECP'), HBD Zim Investments Limited ('HBD') and Investec Asset Management (Pty) Limited ('IAM'), have sold the entirety of their respective shareholdings in CAG, being 502,242,493; 282,985,496 and 105,184,269 ordinary shares of 0.5p each in the Company ('Ordinary Shares') respectively, representing in aggregate approximately 88.7 per cent. of the issued Ordinary Share capital of the Company, to New Dawn Mining Corp. (TSX:ND) ('New Dawn') ('the Transaction').   The Company would like to confirm that the Transaction was undertaken without the involvement or knowledge of the Board.   CAG is yet to receive a formal TR-1 notification from New Dawn, but the Company is actively seeking its provision from New Dawn on an expedited basis.   The Board has not yet had any meaningful discussions with New Dawn or its representatives, but has received a letter requesting, inter alia, the appointment of two directors, representing New Dawn, to the Board as soon as practicable ('the Appointments').   The Board is seeking a meeting with New Dawn to discuss, inter alia, the Appointments, which would be subject to the AIM Rules, and to understand New Dawn's plans for CAG, its businesses, employees and shareholders.   A further announcement will be made in due course.   New Dawn released the following announcement on 16 June 2010 on the Toronto Stock Exchange:   "New Dawn Makes Major Investment to Expand Position in Zimbabwe Gold Mining Industry   Acquires 89% Controlling Interest in AIM-Quoted Central African Gold Plc   Central African Gold PLC Owns Extensive Portfolio of Gold Mining Assets and Operations in Zimbabwe     Highlights:   ·    Targeted objective is to reach consolidated annualized gold production of -   o 50,000 to 60,000 ounces within 18 to 24 months   o 100,000 ounces within 4 to 5 years   ·    Ultimate goal is to reach 200,000 to 250,000 ounces of annualized gold production and become a mid-tier gold producer   ·    Investment represents -   o Substantial increase in New Dawn's gold mining business   o Focus on and commitment to gold mining in Zimbabwe   Toronto, Ontario, June 16, 2010 - New Dawn Mining Corp. (TSX:ND) ("New Dawn" or the "Company") reported that effective June 16, 2010, it had made an investment resulting in the acquisition (the "Acquisition") of an approximately 89% controlling interest in Central African Gold Plc ("CAG") from the three

http://www.screencast.com/users/globalcrossings/folders/Jing/media/c70f321e-ed79-4255-ac0a-97880d77f6c5

Central China Goldfields plc (the "Company" or "GGG") GGG Resources plc Proposed New Name and Bullabulling update 17 June 2010 The Board of Directors of the Company are pleased to announce that at the forthcoming AGM in August that a motion will be put before the members to change the name of the Company to GGG Resources plc. The decision to change the name reflects the Company's new emphasis on its substantial and rapidly developing 50:50 gold joint venture at Bullabulling in Western Australia with ASX listed Auzex Resources Limited. This week the full board of Central China Goldfields plc have been on site at Bullabulling and met with the board of directors of Auzex. Both parties have now agreed, that given the clear geological upside indicated arising from the latest structural survey, that Bullabulling will now be accelerated towards feasibility and potentially early mine development and production. A detailed Digital Terrain Modelling survey was flown over the Bullabulling Project area in early June. This survey will provide up to date data on the topography of the area which will be used for resource calculations, pit-optimisation studies and infrastructure layout. The next step for the Bullabulling Project will be a 1,400 metre confirmatory diamond drill program designed to validate the entire existing 12,000 drill hole database already drilled on the property. These historic results are in the process of being interpreted by modern 3D computer analysis. Shareholders will be advised once drilling is underway. In view of the decision to accelerate the development of the Bullabulling project, the Company will not now exercise its option on the Cikoleang gold property in Indonesia, given its early stage status. The Company remains active in its review of various SE Asian projects but this process is now being focused on more advanced exploration and mature brownfield gold and base metal projects. For further information, please contact: Central China Goldfields plc Westhouse Securities Limited Dr. Jeffrey Malaihollo Tim Metcalfe / Martin Davison Tel: 01992 531820 Tel: 020 7601 6100 Email: info@ccgoldfields.com www.ccgoldfields.com Alexander David Securities Limited Nick Bealer / David Scott Tel: 020 7448 9820 vendor

To top up at these levels and add to the few free shares I hold. If Riddler is correct with his thorough research, this could be an excellent mid-long position... GLA

Good News to come??? http://www.screencast.com/users/globalcrossings/folders/Jing/media/74551d14-e92f-41aa-b33f-d5c5dceb91d5 Large Buys on the Plus Market... http://www.plusmarketsgroup.com/details.shtml?ISIN=GB00B1YQTS12/GBX/PLUS-exn GLA

RNS Number : 7762N Tinci Holdings Ltd 17 June 2010    17 June 2010     TINCI HOLDINGS LTD PRELIMINARY RESULTS FOR THE 12 MONTHS ENDED 31 DECEMBER 2009   Tinci Holdings Ltd. ("Tinci", or the "Company", or the "Group"), the AIM quoted China-based environmental engineering company, today announces the Company's preliminary results for the twelve months ended 31 December 2009 in accordance with International Financial Reporting Standards (IFRS).             Financial Highlights:   § Total revenue of RMB178.1 million (2008 - RMB217.8 million)   § Profit before tax of RMB2.13 million (2008 - RMB0.91 million)   § Profit after tax of RMB1.20 million (2008 - RMB1.09 million)     For further information, please visit www.tinciholdings.com or contact:   Tinci Holdings Ltd David Steeds, Chairman                                     Tel: +44 (0)7836 578222 Joshua Cheng, Non-executive Director               Tel: +1 512 577 4613   Westhouse Securities Limited Tim Metcalfe / Zhining Xu                                   Tel: +44 (0) 20 7601 6100     About Tinci Holdings Limited   Tinci Holdings Ltd. is the parent company of Tinci Sanhe Environmental Engineering Co. Ltd., an environmental engineering company founded in October 2001, which is primarily involved in developing, manufacturing and installing flue gas desulphurization (FGD) systems for reducing sulphur dioxide ("SO2") emissions from coal-fired power stations and large industrial boilers in China.    Sulphur dioxide discharges rose 27% between 2000 and 2005 in China, where air pollution is blamed for more than 400,000 premature deaths a year. China's State Environmental Protection Administration (SEPA) has estimated that existing and new Chinese plants will require total FGD investment of RMB 102 billion (c. £10.1 billion) from 2006-2010, with the total investment required expected to rise to RMB 190 billion (c. £18.9 billion) by 2020.   Tinci plans to use its technical capabilities to develop a portfolio of businesses and services around the environmental engineering services sector in China. The Company's shares are traded on the AIM market of the London Stock Exchange under the symbol 'TNCI'.   Chief Executive Officer's Review   Overview of Operating Performance After a difficult first half in 2009, conditions in the second half were much the same, reflecting the uncertain economi

Being released so late in the trading day & the huge after-market buys... This should do well tomorrow... http://www.screencast.com/users/globalcrossings/folders/Jing/media/358289e0-fb09-4183-8f3b-3bc61e6f6f1c

(Adds details on previous iron ore mining agreements and companies active in Liberia) By Matthew Walls Of DOW JONES NEWSWIRES LONDON (Dow Jones)--The Liberian government is close to finalizing two more iron ore mining development agreements after having just signed a $2 billion-$3 billion agreement with BHP Billiton PLC (BHP.LN), the head of Liberia's National Investment Commission said Wednesday. Once finalized and approved by the government legislature, Liberia will have negotiated five iron ore agreements since 2006 worth over $10 billion over the life of the mines, Chairman Richard Tolbert said in an interview with Dow Jones Newswires. Tolbert didn't specify which companies it is in negotiations with for the remaining two iron ore agreements. However, he said other iron ore companies investing in Liberia are African Aura Mining Inc. (AAAM.LN), which has a joint venture agreement with Russia's Severstal Resources and the Israeli company Elenilto Minerals & Mining Ltd. In 2009, the government signed a $2.6 billion agreement with China-Union Investment. Co, which sold a 60% stake in the mine to Chinese steelmaker Wuhan Iron & Steel (Group) Corp. (600005.SH) in March for $68.5 million. The Liberian government signed an updated $1 billion 25-year mining development agreement in 2006 with steelmaker Arcelor Mittal (MT). The company raised the price tag in February to close to $1.5 billion. Tolbert also said Brazilian miner Vale SA (VALE) is now considering exploring for iron ore in Liberia and looking at a few specific projects as well as hydroelectricity and infrastructure developments. "We are extremely pleased that Vale of Brazil...have also now come to look into iron ore and other possibilities as a result of President [Ellen Johnson] Sirleaf's recent successful visit to that country." Vale plans to invest more than $5 billion in its Simandou iron ore mine in neighboring Guinea. Vale acquired a majority ownership of the mine in April after spending $2.5 billion for a 51% stake in privately held BSG Resources. -By Matthew Walls, Dow Jones Newswires; +44 (0)20 7842 9412; matthew.walls@dowjones.com (END) Dow Jones Newswires June 16, 2010 11:08 ET (15:08 GMT)

http://www.investegate.co.uk/Article.aspx?id=201006161507487368N

RNS Number : 7368N City Of London Group PLC 16 June 2010    City Of London Group Plc Chairman's Statement, Chief Executives Review and Financial Results 2010 City Of London Group has made major strides forward and is positioned for growth.   ·      Group operating profit of £248,422 (2009: £117,723) - an increase of 111%   ·      Net Assets £7.73m (2009: £6.28m) up 23.1%   ·      Asset value per share 77.4p (2009: 63.9.p) - an increase of  21.1%   ·      Share price at 31st March 72.5p (2009: 34.5.p) - an increase of 110.1%%   ·      Dividend recommenced at 0.5p per share   16 June 2010   Enquiries:   City of London Group plc 020 7628 5518 Eric Anstee, Chief Executive College Hill 020 7457 2020 Roddy Watt/Tony Friend Seymour Pierce 020 7107 8000 Christopher Howard/Guy Peters       Chairman's Statement:   This is my first full-year report since my appointment as your Non-Executive Chairman in September 2009. As I mentioned in my half-year  report ,we have seen a significant change in our management team with the appointment of experienced leaders specifically recruited to build the group into a quality financial services group centred on specialist financing and alternative fund management.   The team have made a rapid and positive start and since their arrival in November 2009 we have made two significant investments. These investments are in two fund management companies that have specific management skills in providing finance to the legal profession. We are confident that these groups will successfully raise specialist funds to apply their skills and thereby benefit your company from performance fees.   Investment Climate:   Our ever-changing market conditions, with continued aftershocks arising from the significant global financial crisis, have meant that the global economic recovery and growth is very fragile and uncertain. A climate with low interest rates and a continued lack of liquidity in the wholesale lending market has resulted in a widening of the need for investment approaches to grow shareholder funds. Whilst global stock markets have recovered from their low points in the first half of 2009, we remain cautious about growth prospects for equities and bonds in the next twelve months. European economic stability has been substantially undermined by economic and fiscal bailouts needed in some European Union Member States and we have seen in just the last few weeks major sell-offs in world stock markets.   Investment performance and prospects:   This economic backdrop convinces our board that its strategy of seeking out new focused areas of alternative fund management, based primarily on asset-backed lending, will provid