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too excited riddler lol
BRILLIANT RNS http://www.iii.co.uk/investment/detail?code=cotn:CICR.L&display=news&it=le
WORTH ATLEAST 10P !!!!!!
BOOOM BOOOOM !!!
Can sell all ! They want your shares !!!
2 IPO's planned for Jul 12 worth £23.4m or 14p/share. 93.06% of shares not in public hands. http://www.cicresources.com/aim26rule.html IPO's: http://www.cicresources.com/transactions_ee.html CIC PRECIOUS METALS IPO (Jul 12)...£7.2m worth 4.31p/share(48% of £15m) CIC ENERGY GROUPIPO (Jul 12).......£16.2m worth 9.7p/share(36% of £45m) RNS - http://www.iii.co.uk/investment/detail?code=cotn:CICR.L&display=news&it=le Current mcap only 2.8 million !!!!!
2p will be broken !!!
Can easily see this going BOOOOOM today !
rough its because you will need to do it directly through the broker using negotiated buy. The MMs are not selling any so put a negotiated buy order through.
looking good. Buys coming in
Stuart Bromley, Chairman, commented: "2012 is shaping up to be an exciting year for CIC as a number of our Interests mature and look to the public markets. If and when these IPOs materialize the directors believe it will represent a significant value appreciation for the Company. I look forward to providing further updates throughout the course of the year."
Stan by the way I have looked at the leg deals but I reckon the deals here are better. CCP is a decent size mineral company targeting 30 to 40k Oz. the ipo will confirm the valuation. I think the retreating here has started.
I suspect when people read the rns they will know exactly what 7 bore had been talking about ask this time. 48% of ccp is HUGE !
bbr indeed. I think people haven't woken up to this yet !
10% UP ON 8 BUYS
2 IPO's planned for Jul 12 worth £23.4m or 14p/share. 93.06% of shares not in public hands. http://www.cicresources.com/aim26rule.html IPO's: http://www.cicresources.com/transactions_ee.html CIC PRECIOUS METALS IPO (Jul 12)...£7.2m worth 4.31p/share(48% of £15m) CIC ENERGY GROUPIPO (Jul 12).......£16.2m worth 9.7p/share(36% of £45m)
Mate I spent my entire last week researching this and initially I didn't believe that it holds 48% of ccp. I thought maybe it was a typo lol. But the rns today confirms that and even mentions holding in emulsion. ccp has 4 gold licenses ! AND TARGETING 30K OZ GOLD PRODUCTION
For immediate release: 26thApril 2012 CIC Mining Resources Ltd. ("CIC" or the "Company") Update on Shareholding interests Further to the trading update made on 11 April 2012 CIC (AIM: CICR), the consulting and advisory firm operating primarily in the mining and energy infrastructure sectors is pleased to provide a further update following the recent visit by shareholders and investors to certain of CIC's interests. Emulsion Fuel Limited (Emulsion) Emulsion, in which CIC holds a 33% interest, focuses on world leading heavy oil emulsion fuel technologies specifically in heavy industry, mining and shipping. The directors believe that emulsion fuel can afford significant direct cost savings on heavy fuel of up to 50% as well as indirect saving in heavy fuel supply logistics. Emulsion has recently entered into an agreement with a Chinese shipping group to field test Emulsion fuels in their large container shipping fleet within the next six months for which Emulsion will earn a percentage of the cost of fuel saved using its technology. CIC Precious Metals Limited (CICP) China The Company is pleased to report that heap leaching of oxide gold will commence in May 2012 as planned at the ShangBa mine in Gansu, China in which CICP owns a 33% interest. CIC hold a 48% equity interest in CICP. Installation of crushing circuit, heap leach pad preparation, mining equipment and processing equipment have all been completed. The oxide mining to starting next month will see heap leaches of approximately 30,000 tonnes each completed late June 2012. There will then be normal leaching for 48 days before gold recovery will commence. ShangBa is targeting production of 30K to 50K oz. gold in its first year. Mr. Su, China's leading oxide gold miner and Stuart J. Bromley of CIC are the Technical Directors of the company. Congo The CICP owns 48% of CIC Congo which now holds four gold mining leases next to Banro Corporation (now in production) having recently received its final mining permits to facilitate oxide gold mining on all four leases. Mr. Su and a technical team will arrive in May 2012 to establish base camp and other logistics to start the process of future oxide gold mining operations planned for 2013. Initial bulk testing for oxide gold mining has been completed.
The rns today confirms what 7 bore has been saying. This should at least trading in excess of 10 p because the ipo for cicp alone will value them at 20 to 25 million
2p to buy now