Member Info for itsaduster

This is a method of valuation used for decades ( and still used ) on the Rand RSA The ore body there is usually between 30 centimetres to say 100 centimetres. With this width measured they chip a channel and assay for gold,,,,,,,,say 25 grams per tonne was a common grade. this over 30 cms gives 750 cmgms. So it a way of expressing the total value of ore body. For a given gold value the worth of the ore body increases with its width For ours its 215m x 100 (cms ) gives apparent width ? of 21,500 cms at grade of 1.46 gms 31,390 cmgms. Clearly now more value than the average Rand ore body. Assuming our hole did go in perpendicular to the ore body hanging and foot walls

Great thanks ! Yes very much so ........it is a giant of the future......and if my memory serves me well it is better than the first hole 100m away. Calculated in cmgms its off any scale in my experience........even the 11kg sample taken at kgi

Either ready for a re-rating or a side ways move for a week or 10 days

May I ask you a favour ? My machine wont download the files ( Library machine and rubbish software ) so if you could give just a jist of the communication I would be grateful Ta Duster

Is there attachment ? or is it on TPJ web site ??

Good move by Harry.........Doing a good job Dud

An excellent addition to our board. Savvy Independant thinkers are what we need to handle and get the best out of the avalanche of info hitting the samples shed floor I see we are trading the range..........ever tighter. Break out imminemt ???

The sells in the last couple of weeks are imho are GOLDMAN SACHS inspired The wonder is there are so few. Clearly the thundering herd isnt that convinced what with so much looking possitively dangerous. Pundit predictions for Greek default in Mid Summer ( if it happens I promise copious crowing .....watch this space ) followed by Euro zone ructions through Autumn and winter. Probably hold the USA together this year ( third presidential years are usually very good for the market as sitting presidents dont get nasty the year before they try to get re-elected ) But after US elections in 2012 things might start to wobble with the dollar and we could be in for some competative devaluation between RNB and $ That would be good for gold but I dont see a blow of until post 2025 and pre 2030. So many years of gental rises to go with the occassional slump back..........probably a golden era of stability where mining Co can get into good profits. My timing is predicted from Kontratieff Cycle........sorry about my SS****T spelling I just dont care

Greece about to default this summer followed by turmoil in eurozone with usa to follow and only then will China devalue.

We have a £27m vote of confidence in our product. If this was a mining share the sp would rise.

I dont even know what the Aorfix tortuosity challenge is !! I'm thinking a bunch of dudes all meet up and see who can fix someones aorta the fastest. But whose aorta ??.....they arnt getting mine

Goldfields in RSA have a cost per ounce of $990 Boffins come in to correct

The sp occillates between two lines which form a plunging channel, one line above the other. This channel will define the trading range with an ever decreasing sp as the sp bobs up and down between the two lines ( channel ). Eventually we all hope the trend is broken. It started to rise but has bounced off the lower side of the top channel and would appear to be gheaded back down. It aint a dead cert but I am waiting for 110p to 120p when I may consider buying..........either way it wont be before July / August

Yeh I hear you I have recently bought these on a diversification strategy as I am very heavy weight on metals and miners Also I am going with the notion that next 4 to 5 years will see govt favour to manufacturers in UK and finally I like the performance of the new man. He seems to have a plan and can take a decision. Over 5 years I am expecting a 10 bagger

Check out the channel trading

Hells bells Riddler I like your style .......and there I thuoght you couldnt give it. So this is good then ? Dont tell me I caught this before U.....I was here at just over 4p !!!! For me thats good Did U see the massive sample they pulled 82m with gold in it and quite near the surface

So some savy investor had the chance to sell at 1.7p instead he chooses to sell at 1.23p knowing there is a news event soon and with a substantial record of success under Co belt and with the Co approaching pay day wrt it efforts to reproduce its success in Europe in USA .............a very big market for its product. OK thats the kind of investor I probably shouldnt follow More likely it was a distress sell.........margin call........or an untimesd sell by a solicitor winding up an estate Or more likely still it was a buy Who knows ? ...............not anyone on this board....... Give the MM a call

About 2yrs ago. Didnt buy but its on my list so I periodically look in Looks a real mess...........even terminal ? Has anyone got anything good to say about this share prospects .............technology ?? Odd balls and bitter and twisted I will be grateful if you refrain...........I am just looking for leads on the good stuff TA

Agree mate. I am expecting to buy at below or close to 60p Drop not finished yet in spite of IC efforts

Quality posts. So we can get a time line on this how much of a sell down has there been. I am indulging in steady small buys on spike downs.........mainly driven by graph and pre AGM and some expectation of good future business. The Company isnt that transparent to I am a little reticent...........so not a passionate buy for me ??