Member Info for MikeF

Just bought myself another 5070 shares this morning. This company currently has a broker target price of £1.16 a sale of Hinoba-an could raise around $200M. Over twice the market cap. Buying as many as I can at these prices as this looks cheap. £17M cash pile as well!

New presentation posted on the website: http://www.copperdevelopmentcorp.com/investors/Hinoba-an_Presentation-Website10.Apr.2012.pdf

Copper Development Corporation (LON:CDC) – CTC Report on Hinoba-an Copper Project • The company has released a Comprehensive Technical Report (CTC) on the Hinoba-an project to support a trade sale or joint venture. • The CTR shows full details of the project which envisages 47,665 tonnes of copper production over a 15.4 year mine life. • The project has two known deposits – the Don Jose and A1 Deposit with a JORC resource of 319.3m tonnes of copper at a grade of 0.35% and 0.2% cut off grade. • Pit optimisation studies show at a US$3.00/lb, Don Jose contains 138 m tonnes of in-pit mineable ore at 0.41% copper and A1 contains 88 m tonnes of in-pit mineable ore at 0.37% copper. • The project is expected to be a conventional open pit operation. • Road infrastructure to the site needs upgrading, water is expected to come from a fresh water dam close to site and a tailings dam constructed 7 km within the mine. • The project which requires 54.8 MW of power will need a new power source has to be found either from a geothermal field on Negros Island which is fully permitted or from a 100 MW coal-fired power plant on the coast which has not yet been developed. • Financial Analysis on the project shows a pre-tax project NPV of US$479m for a capital outlay of US$480m, average operating costs of copper per lb of $1.57/lb with a copper price of US$3.00/lb. • The post-tax NPV is US$440m with a 36.3% IRR. Conclusion: Based on the study and the numbers, the company should in theory be able to attract a partner for the Hinoba-an project providing them with the funds to focus on their Basay project. http://www.proactiveinvestors.co.uk/columns/fairfax-i-s/8961/fairfax-marketing-report-including-noricum-gold-copper-development-corporation-african-minerals-and-alcoa-inc-8961.html

Only just picked up on the fact Thursday's RNS was released after hours... quick browse! Didn't buy just an observation. Looks a bit overdone however...

Huge fall today on no news... strong bounce coming? 1.9-1.95 4v1

The directors of *Silence Therapeutics *(AIM: SLN) and *Digital Learning Marketplace* (AIM: DLM) will be presenting: Thursday the 10th May 2012, Chesterfield Mayfair Hotel, 35 Charles Street, Mayfair, W1J 5EB (Charles Suite) The presentations will start at 6:00pm and finish at approx 8:00pm. After the presentations are complete the directors will also be available to take questions during a free canapé and wine reception. Details on the presenting companies can be found below. This event is suitable for the following:Sophisticated & private investors, private client brokers, fund managers, financial institutions, hedge funds, buy & sell side analysts and journalists. http://www.proactiveinvestors.co.uk/register/event_details/147

Bought mine through Halifax! Odd...

courtesy of sportsauto on ADVFN: http://portal.sliderocket.com/ADIUN/CIC-PRESENTATION_Feb2012

Does doesn't it!

http://www.cicresources.com/minerals.html

82% up and still rising!

sportsauto - 5 Apr'12 - 10:53 - 21 of 26 FOOK ME! CICR own a iron ore project in Sierra Leone Bagla Hill is a low grade iron ore deposit situated in southeastern Sierra Leone on the border with Liberia. CIC Group is a major shareholder along with China’s Benxi Iron Ore Group. CIC Group’s main shareholders are some of China's leading miner's. Mine and processing to be based on Benxi Iron Ore Group's Oprations located in Liao Ning Province, China. http://www.baglahills.com/

http://www.facebook.com/pages/CIC-Group-Limited/277429945634395?sk=wall http://www.facebook.com/pages/CIC-Group-Limited/277429945634395?sk=info About CIC Group Limited Description CIC Group is a private Chinese company that has minority equity interests in advisory, mining, energy, real estate, private banking and legal companies headquartered in Beijing China. General Information CIC Mining Resources Ltd. (AIM:CICR) CIC Precious Metals Group Limited. (Public listing pending 2012 AIM) CIC Logistics Limited. CIC Property Group Limited. CIC China Steel Group Limited.

Can't buy any! MM's run out by the looks of things...

Wakey lol

500k buy at 1.2p!

I make their stakes in the IPO's worth £23.4M to CICR!! That is a gigantic premium to current mcap of just £1.3M!

.85-.95p! Looks hugely undervalued...

sportsauto - 5 Apr'12 - 10:25 - 9 of 10 CICR cic mining has 48% STAKE IN TWO IPO worth 100 milliom in July 2012 CICR ONLY 1.3M MCAP http://www.cicresources.com/transactions_ee.html

Maximum you can buy online at the moment is 150k, L2 just ticked up .85-.9