Member Info for mulledwine

George Ogilvie, President and CEO, Rambler Metals & Mining commented; "We are extremely pleased with the progress made over the past quarter in developing the Ming Copper-Gold Mine as well as the renewed exploration program. Following receipt of complete construction approval from the provincial authorities Rambler is now financially positioned to begin pre-production development in the mine whilst continuing work on the Nugget Pond Mill expansion. Supported with high copper and gold prices and strong fundamentals we aim to further advance both the Nugget Pond Crown Pillar and the Tilt Cove East Mine projects into production during 2011. Furthermore, we look forward to developing the Baie Verte region into a resurgent copper and gold producer."

Financial Highlights (All expressed in CAD$) -- During the quarter the Group generated gross profit of $68,000 from the completion of its first toll milling agreement compared with a gross profit of $374,000 in Q1/11. The net loss for the quarter ended January 31, 2011 was $555,000 or $0.006 per share which compares to a net loss of $268,000 for Q1/11 and $591,000 for Q2/10. -- Cash flows utilized for operating activities were $979,000 in Q2/11 compared to $483,000 in Q1/11 and $676,000 in Q2/10. The increase in the cash utilized is due to increased operating losses following the completion of toll processing. The major components of the working capital changes are an increase in inventory and accounts receivable changes offset by an increase in trade payables. -- Cash resources (including short-term investments) as at January 31, 2011 were $4.9 million and as of March 21, 2011 had increased to $7.6 million.

Significant Operational Achievements -- Officially submitted the environmental registration for the mining of the Nugget Pond Crown Pillar located less than 150 metres away from its gold hydromet processing facility. The Group plans on mining the crown pillar in calendar Q2, 2011. -- Announced it had received further approval for the construction of its Office/Dry facility and fresh water source at the Ming Mine. The receipt of these permits allowed for the drawdown of US$7 million from Sandstorm Gold Ltd. ('Sandstorm'). -- Successfully negotiated Net Smelter Royalty (NSR) terms with Metals Creek Resources Corp. ('MEK') to process surface material remaining at Tilt Cove's East Mine, Newfoundland and Labrador, located 23 kilometres from the Group's Nugget Pond Mill. -- Nugget Pond Mill foundation work, site construction and the new office and dry facility continued at pace and on schedule. Completed the installation of the second means of egress via the mine shaft -- Terms for all major underground equipment, components for the new concentrator negotiated and purchased orders issued. The majority of this equipment has arrived on site with additional deliveries scheduled throughout the coming months ahead of the start up of production. -- Restarted the exploration program at the Ming Mine through the development of an exploration drift to the top of the 1807 zone resulting in the intersection of high grade copper and gold mineralization. Further exploration development is scheduled for the 1700 level historical wire gold zone. -- Subsequent to the quarter end the Group received the final construction approval from the Government of Newfoundland and Labrador for the Ming Copper-Gold Mine allowing access to the final US$6M tranche of financing from Sandstorm.

http://www.halifaxmarketwatch.co.uk/rns.cgi?username=&ac=&action=news&rns=1&view=full&story_id=4120267

Standard Chartered (STAN) is a sell after failing to break through resistance at around 2,000p. Sell. From David Linton of TipsTracker.com

Britain's biggest pub group, Punch Taverns, could break itself in two under a shake-up being considered by Ian Dyson, the chief executive. The company is studying a plan to spin off its better-performing Spirit division, which manages pubs directly, into a separate listed company. Existing investors would be handed shares in the new group, which would probably be given £200m of Punch's cash. The rest of the business would consist of Punch's tenanted pubs, a network of 6,800 sites run by individual landlords, the Sunday Times reports.

http://www.lse.co.uk/sharecast-news-article.asp?ArticleCode=4120059&ArticleHeadline=Bovis_excels_in_volatile_week

Britain’s biggest life insurer Prudential faces a shareholder revolt over a £1.62m bonus to be paid to chief executive Tidjane Thiam, the architect of a botched deal to buy rival AIA in 2010 for £21bn. City shareholders have been meeting the Pru’s senior independent director Paul Manduca, a former Rothschild banker, to demand that the bonus is scaled down to reflect the AIA debacle, the Observer reports.

Diageo is considering a $2bn (£1.2bn) bid for Jose Cuervo, the world’s largest tequila brand, after it was put up for sale. The Beckmann family, descendants of the founding Cuervo dynasty, is in talks to appoint Barclays to explore a possible sale of all or part of the group. The move will trigger a battle among spirits producers for a slice of such a prized industry asset. Jose Cuervo is the eighth-largest spirits brand in the world, with 4.5m 9-litre cases sold last year, the Sunday Times reports.

Looking to this week Smiths Group (SMIN) also gets a look-in on Wednesday in a blaze of bid speculation. There have been rumours circulating that the engineering conglomerate will attract a bid, given how the market views it as a value play. However, bid talk aside, this stock, with interests including airport security machinery, has been given the thumbs up by analysts, as terror threats and further unrest are likely to result in a pick-up in orders for the company, and there is a good chance the results could reflect this.

No probs wobbly - RNS due this week from SMDR - however due to todays activities in Libya we may see shares take a dive tomorrow - I for one will be looking for some cheap SMDR shares if the market does react that way.

Frankie - I am no chartist myself thats for sure but stock do sometimes tend to follow patterns in their share movement so its certainly not something to dismiss altogether thats for sure! ...and yes I too think GRG will continue to perform - although I am from ex farming stock and the thought of buying breakfast or lunch in a bakerswas tantamount to treason! it was homemade sarnies and pies all the time - and to be honest in these days of looking after the pennies I am amazed that more folks dont make packed lunches for themselves and their kids - the number of kids that line up outside bakers before school and at lunch is amazing! Dare I say its a sign of lazy modern day living! - however I will not complain - i will continue to make my sarnies and make a few bob out of GRG at the same time!

If we do ever see 650 again on this , I for one will deinitely be back in!

Frankie I think on this occasion the work as Zak Mir sees it did not come to be - for GRG anyway! GRG seem to have continued the upward trend and removed any immediate worries of a retrace.

Chairman's Statement Results for the Period I am pleased to present the results for the six-month period to 31 December 2010 which incorporate the results of its wholly-owned Malaysian subsidiary, YTL Info Screen Sdn. Bhd. ("YTL Info Screen"). Revenue for the period increased by 21.2% to £461,103 compared to £380,383 recorded in the corresponding period ended 31 December 2009. As a result, the Group's profit before income tax increased by 206.9% to £111,188 (2009: £ 36,225). The Group's cash and bank deposits at the end of the period grew by 15.6% to £5.13 million (2009: £4.44 million), and Net assets grew by 7.5% to £ 5.29 million (2009: £4.92 million). YTL Info Screen is undergoing a period of transition. It is appraising its media portfolio and its marketing processes with the objective of implementing product changes designed to enhance the digital media offerings it will be able to extend to its clients in the future. It is also looking at greenfield network expansion opportunities in new environments which can leverage off Malaysia's new WiMAX 4th generation high speed wireless broadband infrastructure. This will not only allow its digital narrow cast media solutions to be rolled out and operated in a much wider geographic area, but also allow content to be scheduled and managed remotely and cost effectively, opening up a much larger market. To this end, the Company is presently embarking on some interesting pilot projects to stress test new technologies and applications, and obtain proof of concept on new potential business models in order to grow and diversify revenues. The Group's strong net cash position of £5.13 million at the end of the financial period positions it well to exploit new technologies and any other opportunities that may arise.

http://www.investegate.co.uk/Article.aspx?id=20110318070000P0ACC

Infoscreen Networks (INFO) posted tripled pre-tax profits for the half-year ended 31st December 2010, boosted by a jump in sales, and said it was embarking on some "interesting" pilot projects in order to grow and diversity revenues. For the six-months, the group, an investment holding company which is presently involved in the digital narrowcast media sector in Malaysia, reported a pre-tax profit of 111,188 pounds as revenue grew 22.2% to 461,103 pounds.

Exillon Energy (EXI) posted widened revenue for the year ended 31st December 2010, driven by the acceleration of production, and said there was "substantial opportunity for further growth" going forward. The group reported sales of 84.8 million dollars (52.5 million pounds) in the 12-months, which compares with 22.5 million dollars (13.9 million pounds) a year earlier, as production rose 238% to 8,100 bbl/day. Commenting on this, chief executive Alessandro Manghin said: "We believe the macroeconomic and operational environment continues to be favourable for our business.

Corero (CORO) swung to a trading profit for the year ended 31st December 2010 and said the business systems division is expected to continue to produce a good profit contribution and win new business. The network security vendor and supplier of business systems to the education market reported a trading profit of 115,000 pounds for the 12-months, which compares with a loss of 37,000 a year earlier, on revenue that grew by 12% to 3.02 million pounds

Clinical software supplier Emis Group (EMIS) reported widened pre-tax profits for the year ended 31st December 2010, helped by a rise in revenue, and said it remained focussed on cross-organisational healthcare. The group, a leading primary care software provider with more than 39 million patient records entrusted to its systems, posted an 11.4% increase in pre-tax profits to 16.1 million pounds on revenue of 62.4 million pounds, up from 57.7 million pounds a year earlier