Member Info for ihavenoclue

Oh i understand what you are saying but with HSBC you have no idea if you are going to be buying at a reduction of the spread or at the full spread. Most of the time they just bought the shares at the full extremes of the thread and i was tired of being ripped off by thier laziness and disregard to customers. With Barclays Price Improver you can SEE at what price you can buy/sell shares at and it also tells you how much you have saved working on the spreads that the market are quoting at that moment. They are not perfect but are MUCH better than HSBC

HSBC nearly always trade to the full spread and refuse to do anything to get their customers a better deal. That is why i moved to Barclays and i bought some more RVD today at 2p. Maybe it is you who have had too much sun by not seeing what a CRAP service you are getting with HSBC ?

It may show the spread at 20% but i just bought a few at 2.2p when the SP was 2.13p so real spread is 3% to buy.

Up to 309p already ...

very nice price but my target of 25% is a little more modest LOL mind you i will run with my gains if it goes past that

Excellent price IMHO

Seeing some of the howlers that you have been, and are currently in, i don't feel you can have a go at people for believing in CMR. We all make mistakes, you more than most, and you may be right and CMR may tank but if they can get the equipment required in a timely manner and go into production you will be seeing a share rocket that you ignored.

Suspension Lifted (Cambridge Mineral) Cambridge Minerals Resources Plc / Index: AIM / Epic: CMR / Sector: Mining 25 July 2008 Cambridge Mineral Resources Plc ('CMR' or 'the Company') Suspension Lifted Cambridge Mineral Resources Plc, the AIM listed mining exploration and production company primarily targeting precious metals in South America, announces that as a result of the publication and posting to shareholders of its audited annual report and accounts for the year ended 31st December 2007, the temporary suspension of trading of its shares on AIM has been lifted and trading shall resume at 08.00 on Monday 28th July 2008. The audited accounts and Notice of Annual General Meeting will be posted to shareholders today and can be downloaded from the Company's website at www.cambmin.co.uk

GFM has cash of 38.5p per share so currently exactly the same as the bid .. so totally crazy. This was hit too hard by the price of tin, which they aim to be producing 50% more by end of the summer, mid term the share price will be at a totally different place that it currently stands at IMHO

"Work commenced on site in February and is currently proceeding according to schedule. The Quintana Mine is expected to commence production in Q4 2008 at a rate of ~15,200 ozs of gold and 6,000 ozs of silver per annum. Drilling currently underway may lead to further resources being defined and this production rate being increased." @ current prices Gold is approx £8m pounds per annum and £60k for the silver. IF gold gets up to $2,500 an ounce, as predicted by some, next year that makes it £20m per annum from one mine. Current market cap is just over £5m. That is without increased production - that'll do me !!

"Then it would even be good if it takes a little bit longer for CMR to start production from their mines in Colombia and Peru." NO IT WOULD NOT. CMR need to get Quintana into production AS SOON AS POSSIBLE !!! They need cash coming in to help fund their other assets and for working capital so the ever increasing share capital can freeze and market cap can increase. CMR will then take advantage of the rising gold price into next year and beyond as the other gold mines come into production and such assets as the silver mine in Peru will just be bonuses. If CMR take too long to get ino production they will need further share placings at this lowly level and also may default on their financing so taking too long is the WORST thing possible for CMR.

The suspension does not really mean anything as most of the companies that were suspended at the same time are still suspended. What i would LOVE to see is an update on Quintana BEFORE suspension is lifted. Back in Feb it mentions regular updates such as access to El Cinco, supposed to have been sorted by middle of April - has it ? And Quintana's main decline is supposed to be at Level 4 by now. I have e-mailed CMR asking for more regular updates. Where i know regular does not mean weekly i would have expected more than what we are currently recieving. Regards IHNC

LOL great post

They have an IVE book that is worth 4 times more than the current market cap. The IVA division is now making a profit, as mentioned back in March, and the Debt Management is in profit and growing well. I would expect an upbeat trading update soon IMHO

someone paid 1 grand premium on a 3.5 grand purchase. Something is definetly stirring here ... trading update soon ?

What they want to sell at and what they want you to buy at is the same thing.

Do you mean a consolidation ? 3334 divided by 133 = 25 ... so a 25 to 1 share consolidation took place. Your 3p shares are now 75p a share so you have still made a healthy profit. What are they worth now ??? Try multiplying 133 by 400.25p per share.

They were waiting for some paperwork from a different region. I am not sure why you are concerned when a lot of others are still suspended. CMR mentioned that the suspension should be lifted by the end of the week.

Normally when a sale/disposal is announced there is the general rise in the share price. If it takes a while you can get drifting downwards but this seems a lot more. PI's are always the last to know when a sale has fallen through, and by the time the news has been released, the shares have already dropped by a large amount. I have seen this on several shares and being a PI really is the ****ty end of the stick. Having said that it could just be being hammered by general market sentiment and news could suddenly arrive of the sale and it will rocket. Those are just the pains, and joys, of being a PI. It is all a gamble but at this price it looks like a good punt. As for what you say about market cap to assets, ACG has a market cap of £2m but has an IVA book with a value of approx £12.6m - and is breaking even and close to profit with cash in the bank. I have 20k shares there as a punt, showing a small loss at the moment along with the rest of my shares, but for te chance of the punt coming good they will stay in there. May look at getting into FAN if it drops below 50p but i am pretty chocca with shares at the moment. Regards IHNC

The derampers make me laugh suggesting the results are terrible - how can they be bad OR good ? Everyone knowsthe situation, CMR have funding for 3 gold mines and carried out a placing this year to take it's Silver Mine in Peru towards production. The resuls are nearly meaningless compared with being able to get Quintana into production this year. We are due an update on Quintana and i for one look forward to it.