Member Info for olli-street

Niki Lauda buys Nikki ...

selling or gambling ???

155 dead by bomb attack Sinai - Egypt ..... bad news

Avocet Mining Plc (the ‘Company’) announces today that — despite the standstill agreement having expired — certain financial and trade creditors (the ‘Major Creditors’) of its subsidiary Société des Mines de Bélahouro SA (‘SMB’) have expressed the intention to come to a consensual restructuring of SMB’s balance sheet. These creditors have continued to be in discussions with SMB with a view to agree such a restructuring. The Board of the Company met on 8 September 2017. In light of the current circumstances, it was decided to reconvene on 15 September 2017 to re-assess the status of the discussions with the Major Creditors, SMB’s liquidity position and the available options. The Board of SMB has not met yet. Given the current status of discussions, it is unclear whether agreement on a restructuring of the balance sheet can be reached before SMB has exhausted all available sources of financing.

The Board and management of the Company would like to thank David for his commitment and dedication to the group and wish him well in his future business ventures.

losing a lot of money (on paper) right now ! buying more is the only option for me and fingers crossed ... gold will go up further....

HANNOVER (AFN)-the German travel giant TUI has broken in the third quarter of its fiscal year net profit more than doubled. Almost all business units contributed their part to those profits. TUI in total came from a net profit of 160.6 million at 75.9 million euros in the third quarter of the financial year 2015/2016. That was partly due to a higher capacity utilisation in hotels and an extension of the cruise fleet. TUI reports that there is strong demand for vacations this summer.

Something in the air ??

Big Buy at closing ...

Big potential on a short period

If you are continually going down...even during high season I .. personally I think this is No Good ! And I am already long time in....

this company is in big troubles !! ....

almost 3.000.000 shares buy today after closing ??

Avocet has received the Presidential Decree which ratifies the Mining Convention for Tri-K project as an Act of law. “First Closing”, whereby the Company will receive $4 million from Managem for 40% of its interest in project is expected to happen on short notice. A further announcement will be made at this point.

:-(

What is going on ? With this gold price should be much higher ......

We are now in the second leg of this rally and based upon current technical models, it should culminate with gold prices at least at $1280 or higher...

Think soon some (good) news ! ....

If Production restarts we will soon be again at 100.00 level ! let's hope....

this company is in urgent need of new managment !! not more not less.