Blencowe Resources: Aspiring to become one of the largest graphite producers in the world. Watch the video here.
My last post was meant for BMR. Apologies, I should clearly be going to bed!
I am happy with where we are, they will always be those who get in & out for a quick profit and we had a lot of those today. My interpretation was that the market liked the news, bought in and then some realised they were up 5-8% on the day & based on the 10% rule - they profited. Thats what speculators do. I have some cash prepared and any further profit taking, I am going in all out! I am feeling good about this!
This is a faily stable stock, I reckon it is because most day-traders have not yet discovered it. Sometimes it pays to be a front-runner. Since taking up interest in this company, a little less than a month ago, I am already sitting on over 48% profit, NOT BAD!!! More information has been posted on their website today outlining some results from a number of their continued projects. It seems to me that they are in for significant finds and this is more so because that entire region has proven mineralization resources. http://www.zambeziresources.com/_content/documents/629.pdf
Guys, What are your views on this one?
Medusa Mining finds 'exceptional' intersection at Co-O mine - RNS
swinger, you are right. After scooping up 5K worth of this stock, I have already made over 20% profit. However if I thought this was a short-term quick money, I would have put in much more than 5K. I am going to stick with this company for a good many years. I hope that it will pay-off nicely towards my retirement. Having said that there is certainly a quick buck or two to be made in the short term too.
http://www.reuters.com/article/marketsNews/idINN0936511120080408?rpc=44
How much of that are we getting back you think?
What is the situation with this company now? Is it dead altogether?
If you need to know more about the copper activities around that region, look up "Lumwana mining" in google. Also http://equinoxminerals.com/flash/lumwana.htm Lumwana is now operational but it is owned by equinox, an austrialian company, and I have spoken to people within investment banks in the city who have been involved with financing the project... This is part of the information someone sent me The Lumwana Project has received the following accolades: "Mining Deal of the Year 2006" - Project Finance International "African Mining Deal of the Year 2006" - Project Finance Magazine "Export Finance Deal of the Year 2006" - Trade Finance Magazine "Outstanding Achievement Award 2006" - Mining Journal The point being that there appear to be real evidence of copper mineralization in that region and so it seems it is only a matter of time before this company starts production.
They are going to retain all their Gold assets. This would mean that they consider them to be economically viable especially with the current high Gold prices... This is a good pick...
No rush as I said, I know quite a bit about that region. I have put in 5K for a long-term, looking at 10yrs. Hopefully by then these would have touched 100p. Never know though, anything could happen.
What do you guys think about ZRL?
Wait a minute how about the stuff burried under Acacia Este 1 & Acacia Este 2?
Colombian police say they have killed one of the country's most notorious drug lords. http://news.bbc.co.uk/1/hi/world/americas/7374688.stm
You don't reckon the BLR board are a drug-dealing cartel masquerading as oil explorers in Colombia don't you?
Put me on the plane guys, I go to Colombia and find you the stuff. This lot are drunk on the Colombia stuff.. Me on the other hand make sure I bring the stuff for you...
That is it ladies & gents, end of the road. FINISHED!!!!!
Ladies & Gentlemen, we have just been swindled off thousands of pounds.
This is now a solid long term growth stock. That region in Zambia has some of the world's purest copper. Not too long from where they are is the now "Africa's biggest copper mine". As such this find is no surprise as the copper mineralization belt must stretch across the entire region. A STRONG BUY I SAY.