Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Good post I agree! Difficulties with production and reducing price of gold took the price down. However, I sold a couple of weeks ago so don't hold currently...price of gold is tanking!!
Can someone do a dummy buy sell or see L2 to check the real spread? Can't believe RIA got this low, had a look at it back in march where the CEO was very bullish ..as he would be...but said the company faced some financial issues
Great way of putting it. Not in here but solid company. Similar situation over at GBP..except more cash in relation to sp/market cap. Madness. Our time will come !
Interest disappeared. Will be a good buy in a few weeks/months
Good luck anyway mate! It'll move fast when buying pressure picks up, but I think there's some consolidating to do first. Have you seen GBP? Trading below cash in bank (could literally buy themselves all over again and have cash left over), beautiful prospects over in Namibia. Let me know what you think. Low risk high reward play, under the radar right now
What news are you expecting? Sports keeps going on about JV and stuff...there is no mention in the annual report of them finalising talks with a JV partner for Morille. They already have a JV for the gold prospects. What they need is financing news or commencement of tailings plan and to give investors a timescale. After buying in with a small amount this morning, I have realised my mistake and I'm out. Much more comfortable holding GBP, BAO and NTOG. GLA I will keep my eye on this
If there is no RNS tomorrow this will finish well below 3p
Around 1.75p ...tough to break and retracing back
short term that wasn't very successful, purchased a few at 3.5p, luckily a very small amount but still annoying. Oilriches the dirty ramper ..."I'm not selling any till 5p" haha sod off!!!! Happy with my own research
your ramping isn't working ! haha. Sitting waiting wishing
had to settle for 3.5p buy...in the ISA so can't complain
at 1.83p now...mmm interesting. Slowly creeping up in the background. Glad I topped up at 1.15p
But this company have a JV with ormonde mining regarding 3 golds prospects in northern spain. They have recently been drilling at two of them, peralonso and cabeza, with both showing signs of high gold mineralisation/wide veins . The talk of the moment though is regarding their 100% owned tungsten project, also in Spain, Morille. Although in the very early stages, it is a highly prospective project with a huge area and extensive mining history. The board are looking into using dumps and tailings from historic mining to fund the new drilling programs. The company will need cash soon and have expressed the difficulty of the current market for junior miners and explorers.
Ah yes, I don't . . got mixed up with another share. Still here's for hoping
Still need cash to operate. Cash burn in 2012 was over 600k. Cash at march was 698k ..but with the aggressive drilling at peralonso /casbeza and morille they'll be burning through it faster than last year. Then some funding will be needed to commence tailings ...come on sports. . oilriches is a much better poster. .less rampy
Wres much nearer to production with proven resource, which is larger than AUR estimated resource . AUR will struggle with funding and there is likely to be a placing if a large rise occurs as the board will take opportunities to improve working capital as and when they can. Funding is needed for all drilling programs on gold and tungsten projects. all results so far have been good though
Yeah just NMG and MML ..should have made some on POG but stupid stop loss sold out last friday. Then again I was never going to buy after reading about the writedowns in assets last weekend. Whoever thought that wasn't going to have a negative effect on the sp is naive. MOGP also, on the rise. CICC also up from its lows. Its all looking up really
That's what im saying...but it is construed by lots of people as ramping. It's all good stuff so far.
Firstly, can you let me know which share you are moving to next before you start ramping it so I can buy in? haha just kidding. Yes people may think you are ramping but if it is based on facts and good evidence of an undervaluation (which I have reason to believe this one is) then it can be construed as an pump&dump ramp. Anyway, I'm currently doing some research on AUR and will post back later. Only found the company on Friday but didn't have any cash to buy in and didn't realise it was going to go up so soon. So really I could have got in at 2.50 if I was on the ball but hey ho...if what Oilriches is saying is true...we are on for another multi bagger..GLA
You must be happy about IRON rising back up KUMS? I sold at 9p last time and expected it to drop further so didn't get back in around 7p ...selling too early seems to be a weakness of mine at the moment. Before my weakness was not selling at all hahaha