Member Info for HawaiifiveO

It is worth remembering that Thani-Stratex hope to IPO in Q4 and they expect to obtain a market cap of about $25m, that figure was suggested before the outstanding drill results recently reported. My point is that the 30% stake in TS could be worth £6m-£7m alone, that is very close to the current market cap. Then there are stakes in Muratdere and Goldstone and the Dalafin project all in for nothing. Then cash of £6m - £7m I conclude the company is materially undervalued but it need a catalyst to demonstrate this, poor PR and a lack of a firm and identifiable mission statement does not help. I am very disappointed by the exceptionally low profile of the new CEO who has now been in place 8 months. They also refuse to meet shareholders via organized events

Hard to understand the drop from £1.15p to current, it has gone ex dividend but that would only account for 1.25p, the share price should be nearer £2 in my view, selling on under 4 times forward earnings. Took a few more yesterday, the yield is now above 4% They are presenting in London shortly.

For those interested I met the CEO at the recent Proactive event in Mayfair I was very impressed with the presentation which clearly demonstrated that the company is is a growth production phase, is very cash generative, has stability of earnings plus a progressive dividend policy moving forward. The CEO suggested afterwards during networking that the company is currently selling on a forward PE of only 4 and pointed to the dividend yield being nearly 4%. On this basis the company seems materially undervalued. In all investors I spoke with seemed very impressed, I have bought in recently and look forward to the re-rate which should happen in due course, more-so if the gold price continues to move up.

My understanding is the 'deadline' is 11th July. From the RNS.........China Africa continues to be required to complete a reverse takeover within six month of 11 January 2017 or face suspension from trading on AIM.

Paul Johnson has done very nicely out of CAF in pretty short time, he was 'awarded' 3.5m shares at nil cost for 'fee's and expenses' Was awarded another 552k at nil cost in lieu of cash remuneration. http://www.investegate.co.uk/china-africa-res-plc--caf-/rns/capital-reorganisation/201611210922387003P/ So let us assume he sold at 2.75p, that is a cool £110,000 profit on the sale of 4m shares, nice work isn't it! I have bought in on the price weakness, caused mainly by PJ selling (+a few PJ groupies) as I believe the new BOD are way beyond you 'normal' AIM management team and they will, almost certainly, deliver excellent shareholder value in due course. Anyone remember a Co called Knutsford, made some investors millions when the shares spiked about 200 fold, this has that feel about it.

This has effectively become a cash shell, whilst some are factoring a breakup share price based on cash (£6m) what if a newco injected into it, say a mining company, pharma, finntech etc etc. If that happened the shares could rise strongly. What do they have in mind I wonder, the results statement comes in early March. I sense more news is imminent.

https://audioboom.com/posts/5508274-687-prospex-oil-gas-pxog-dekeloil-dkl-and-doc-on-recent-market-mechanics?t=0

If the dividend payment is replicated in H2 it puts DKL on a sustainable 3% yield, not bad for a AIM company. Confirmation the year has started well is also encouraging. Let the re-rate begin!!

Getting some interest on Twitter & a competitor site today, entities pointing to the cash (£7m) v the current market cap (£10m) + takeover potential + possible improving 2nd Half 2016 Does look cheap

You suggest let us leave GRL alone then a short while later post the link below. Your commentary is biased to the extreme and you still fail to answer why a Canadian listed company just paid $18m (or $40oz gold in the ground) for a resource close to Goldstone. You also focus only on the Obuasi mine, but there are smaller mines nearby, in fact a number of them that could process ore. These may not be affected by illegals. My take is Goldstone are looking to increase the resource and then sell it on. We will see. As for Board resignations, under past management GRL was going no-where, the show does seem to be back on the road, Emma Priestly was interviewed recently and stated GRL's other projects are basically for sale and they will concentrate on Ghana. Bell is only a non Exec Director and has bought 1.4m shares in the market with his own cash. We all know these juniors can multi-bag on a whim, let us wait and see.

You clearly have no understanding of the situation at Obuasi, I have spoken to all of the major shareholders and all of them see a significant value uplift for Goldstone, we are talking about a company with a market cap of only �2.4m, this could easily double or treble at a whim with a sniff of positive news backed by demand for the shares. A few years back, during the last sector bull market, Unity Mining paid �11m for a circa 20% stake in Goldstone. The Asante deal shows there is corporate ation veryclose to Goldstone, what would happen to Goldstones share price if they received an offer of $20m from Asante, even if it was linked to their paper. I am afraid you are blinkered because you have it in for Metal Tiger and more likely Paul Johnson. BTW I do agreee with certain aspects of your commentary concerning Metal Tiger investment policy but their stake in Goldstone is one of their better moves with entry at 1.75p. I also note you appear negative in the main and offer no positive suggestions where you consider their to be value in the sector, which companies do you like then??

Oh and another thing, people invest in AIM juniors when they consider them to be undervalued, the purpose being to make money. GRL has a market cap of £2.4m, hardly demanding, the shares are tightly held, modest volumes will move the stock quickly, it is entirely possible, as well as the next speculative AIM resource junior, the Goldstone could double/treble from current levels. People, like you, were saying the same about MTR when their share price was under 1p, a £2.5m market cap, it was, like it or not, £20m recently, it made a great deal of people SIGNIFICANT money, I believe Goldstone could offer similar upside.

Orion you implied 2 posts back there was no chance of exploration, WRONG the RNS today confirms that it is ongoing. Then you say I am ramping the numbers, well this is the EXACT quote from the Market Release from the Asante President "Acquiring Kubi at a cost of circa $18 million or US$40 per ounce of NI43-101 gold resources" You are clearly anti anything related to Metal Tiger, Red Rock, A Bell and P Johnson, it is clear as crystal. You are short MTR and do not what any uplift in their invested companies. You are the one deliberately misleading potential investors, all I have done is post the FACTs sorry about that!

Orion You simply have it in for anything related to Metal Tiger, Red Rock, Paul Johnson, Andrew Bell etc. It is clear as crystal. That is why you are de-ramping this company. You failed miserably to answer the FACT that a Canadian company has paid $40oz for in the ground gold that has a read across value of 18p per Goldstone share and that resource is under 2km away from Goldstone 600k oz JORC. Ironic isn't it that the resource this Canadian company has just paid for is more or less IDENTICAL to that of Goldstone. Same measured & inferred etc. Puts to bed your nonsense that Goldstone's resource is worthless don't you think. One thing for sure Andrew Bell is not the kind of fellow to throw his personal money around but he has see fit to buy 1.2m in GRL on the market. I am here to make money and any purchase around current levels is a no brainer in my very considered opinion.

Ignoring Metal Tiger, Bell and Red Rock I note that Stratex has maintained their 34% stake in Goldstone, Stratex has some very astute and experienced management with proven ability to monetize assets. It is a fact that Asante Gold has just shelled out $18m (or $40 per in ground ounce) at a location only 2.5km from a location where Goldstone has 600,000oz JORC resource. I re-iterate based on the RECENT transaction it values Goldstone, on a read across basis of 18p per share. More interesting, which probably slipped out at a presentation in April, a director close to Goldstone suggested a imminent return of 10 fold, their entry price was, 1.75p, that is remarkably close to the read across value of 18p, how ironic. I wonder if Goldstone are going to sell their resource, the President of Asante Gold seemed very upbeat over the deal so are they potential buyers?? At 2.5p, with a cash balance north of £800k GRL seem cheap in my considered opinion, market value of £2.5m is tiny.

This deal, recently completed, values Goldstone at 18p per share on a read across basis, CSE listed company paying $40oz for a 'in ground' gold resource. Goldstone currently has a 600k oz JORC resource but is funded to drill to expand this. No wonder the recent placing was supported by Metal Tiger, Red Rock and Stratex + recent share purchases by a director. Under radar, under valued = a recipe for a strong share price move, only 50m in free float! http://www.asantegold.com/news/asante-gold-acquires-kubi-mining-leases-and-eight-prospecting-licenses-in-ghana

Asante Res has recently paid $40oz for in ground gold close to Goldstone. Read across value equals around 18p per GRL share (based on Goldstones 600,000oz JORC resource) 'Douglas MacQuarrie, President & CEO states, “Acquiring Kubi at a cost of circa $18 million or US$40 per ounce of NI43-101 gold resources, is a major step forward for the Company' http://www.asantegold.com/news/asante-gold-acquires-kubi-mining-leases-and-eight-prospecting-licenses-in-ghana

I reckon the rise in the share price is due to production news coming soon. Q1 production was delivered on the 18th April so early next week perhaps? Another set of decent numbers will get the share price really motoring

CEO thinks he can get to a £45m+ market cap from the current £10m https://www.voxmarkets.co.uk/blogs/440-falanx-group-statex-international-and-gts-chemicals/

Gold surging on COMEX now $1126 That 3p could come sooner than later !! Happy days ahead at Stratex !!!