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24 minutes ago Follow Horizonte Minerals (HZM) : Corp Mining 2017 annual results Horizonte has released results for the year to 31 December 2017. The highlight of the year was the agreement to buy the Vermelho nickel cobalt project in Brazil from Vale. The Feasibility Study for its Araguaia nickel project is on track for completion in mid-2018, following which the com[pany will move onto permitting and financing. At the end of the year the company had cash of �9.4m following a successful fund raise towards the end of the year. We retain our medium-term target price of 8p. Martin Potts

Nothing much available on-line currently, at best only for 25,000 shares. Anyone wanting in best place a limit order. I can see this moving up quickly from current levels due to stock shortage + news coming soon.

Lots of chatter around that a market maker may have to unwind a potential short position taken by Beaufort. It seems the herd are focusing in on a few Beaufort companies that may need a short close. If they see one rising they could pile in. XTR is one strong candidate according to a fellow that used to take part in Beaufort sponsored placings. Add to the mix likely strong news-flow ahead and we have all the credentials for a decent up move here IMO.

Excellent results with EPS up 35% + record production, goodness knows why the SP does not move towards that Edison target of �9.50p, yield is nearly 5% which is exceptionally well covered. A great income stock with potential explosive capital growth ahead.

Surely any prospective share price rise will be heavily curtailed by warrant conversions, there are over 300m warrants out there ranging from .60p to 1.4p with the average being around 1p I am sure Metal Tiger, who have 55m warrants at .80p are licking their lips at the recent rise, they expire in August & October. Never shy to dump are Metal Tiger. Note the recent interview does not mention the warrant wall.

Crusader has been a graveyard for their Aussie investors. According to their Annual Report - 'Shareholder Wealth' statement They have lost nearly A$45m in 5 years (assumes A$9m loss in 2017) Executive & Senior Management pay a staggering A$11m over 5 years (assumes A$2m for 2017) Highest paid Director on A$463k (�277k) in 2016 Share price has fallen 90% from 62c at start FY 2013 - now circa 6c The Borborema project was acquired in December 2009, it has clearly added little value to date. They suggest the mine will need funding to the tune of $94m (US) SP Angel have been exceptionally critical of the company, their last commentary was on 14th February. Looks like Stratex shareholders were exceptionally wise to vote down the penal merger, 81% dilution was the penalty proposed by Marcus Englebrecht to acquire this poorly performing company. Stratex looks a half decent recovery bet from current levels IMO How ironic it now looks like Crusader shareholders are now going to be diluted IRO 50% for the AIM cash raise/ listing

It says in the Crusader recent cash-flow report they owe Stratex A$ (Aussie Dollars) 1.575m - not sure whether that includes the 12% interest or not. They say it is secured (presumably on their assets) so if they want to list on AIM they will have to repay it quickly.

I appreciate the warrants will bring in significant cash to RRR but this does not stop the forward selling or selling above .80p once converted. I am not suggesting, on the right news, RRR could not significantly exceed .80p for a time but this wall HAS to be a obstacle to serious gains, if you were a a warrant holder what would you do if, say, your �50k risk free investment moved up 20%-30% Warrants do curtail share price gains, they are simply a placing in disguise in my opinion.

Whilst I think the negative posters here ignore the upside potential if everything goes correctly from an operational perspective the share price may well be contained by various warrant walls that exist, priced around .80p Conversion of the CLN's inc warrants would mean the issue of circa 200m new shares priced at .80p Then Metal Tiger have about 55m warrants around the same price. If all of these are converted then it would equate to around 50% of the current issued capital of RRR Then add to the mix existing share holder/traders who have bought sub .80p these may dump on a 10%-30%profit. I need convincing how this wall of CLN + warrant equity, a potential 250mn shares, will be absorbed verses prospective upside news-flow. It will take massive volume over a very long time to absorb the potential selling. Unfortunately AIM is all about a quick buck, if prospective traders see such an obstacle they may decide to look elsewhere for a trade until the prospective 250m - .80p tranche is cleared.

It seems the new regime are going to allow foreign companies to own 100% of projects, before the local community had to have a major stake. I spotted this in the PREM RNS today, could account for the strong rise in the share price. That �9 Edison target is starting to look real

The re-rate is happening at long last IMO, remember the Edison target price of �9.50p based on a gold price of $1300. Time to add/buy in my view.

Nearly 30k ounces of gold produced so far in Q4 is far better than expected. Still some teething problems but nothing that cannot be remedied. Mainly an Institutional stock but at current levels not a bad entry point surely.

Management team are in London currently, expect to see more interviews and PR, can only be good for the share price. The new central shaft is now at 950m, Operations Manager suggests higher grades moving forward. http://www.corelondon.tv/caledonia-mining-setting-blanket-mine-future/

Has to go. He has three choice. 1, Invite David Hall and Paul Foord onto the Board and start the Thani merger process & retire soon after 2, Resign with a modicum of dignity now 3, Get kicked out at another General Meeting in disgrace Stratex zombie management has always been disliked by most private shareholders - it has reached a new level

The political change in Zimbabwe cannot be ignored, it is exceptionally positive. One CEO with mining assets in the country recently suggested the market discounted those assets by 70%, that is about to change. The Edison note offers a price target of �9.50p - more realistic than ever now. http://www.edisoninvestmentresearch.com/research/report/caledonia-mining225182/full#js

I think this is now on the bounce, no idea why it has fallen from �5.40p given the recent Edison coverage and price target of �9.50p The yield is nearly 5%, covered 4 or 5 times, earnings continue to impress, the new mine shaft is progressing well, not much to dislike really.

I have to declare I am a rare breed, actually made money out of RRR in Q1, traded on the hype of the Jupiter stake being worth �10m+ something it MIGHT have been worth. Andrew Bell was promoting it in various presentations at the start of the year north of �10m. At that time Bell was on record he would not issue shares, something every investor wants to hear, he kept his word on that until it became apparent that the Jupiter liquidity event was not going to happen as expected. Since then Bell has taken on USD 3.8m loan from Yorkville for the Steelmin deal, supposed to have been re-paid by Steelmin early but no, so RRR keeps getting 1% more of Steelmin a month. But what if Steelmin default? Messy indeed. Bell is now contemplating a acquisition in the Congo where he wants to issue 75m shares at .65p + various cash commitments of USD 2m + issue 125m of warrants at 1p to acquire 26% of a copper/cobalt project. He is now issuing UKP 1m of convertible notes at .80p, with warrants of 1.4p attached From no dilution to dilution central, in various forms, not to mention a rather worrying level of debt. Now Mr Gyllenhammer dumping 50m shares. Glad I sold.

A new presentation has been made by the 'no deal' camp, offers a 3.5p 'low risk' target price http://newstrat.co.uk/new-presentations

Glib this is part of the proposed move if the Crusader deal is aborted, there is a website to follow events which will hopefully be updated soon. http://newstrat.co.uk/ Proposed strategy for �New Stratex� The new strategy would be to maximise funding on projects that have the best chance of increasing value. The market is short of good early stage gold exploration companies. The most significant uplift in economic value is achieved through early resource definition and proving thereof. This approach is supported by two mining companies who are major shareholders � AngloGold Ashanti and Teck Resources. All STI�s assets will be reviewed. Focus will be on projects that appeal best to strategic partners and shareholders. The overheads/costs will be reduced and underperforming assets will be divested. The strategy must be to maximise STI�s current cash situation and not to dilute shareholders until value has been increased.

In my view shareholders are left with no option, unless you want to be diluted out of sight you have to vote NO to the acquisition. Remember, Stratex share price was 2p around this time last year, the market cap was �9.5m If Englebrecht & Co get their way the market cap would need to go to �50m to get to 2p That is before even more dilution, I am expecting them to issue more stock soon after the merger, issued capital could go past 3 billion shares compared to 460m now. Voting no and joining Anglogold Ashanti & Teck Resources is the only sensible action IMO.