Member Info for Phoebus

ROFL

Almost at that Feb 11 high. Should be an explosive move higher if it's breached. JPM moved to buy rating for gold. http://www.zerohedge.com/news/2016-03-03/gold-surges-above-1250-weak-data-jpm-buy Sold most of my non gold mining positions to free up more funds.

Gold now highest since Feb 11 spike.

closing in on the Feb 11 high. Looks like we might get a breakout very soon. Excellent. :D

fellow US oil shaler EDG is about to join the party. Profit moving there perhaps.

verified with their broker about their eligibility for the shares and warrants as a UK shareholder and how everything will work? Appendix II of the merger RNS has details about the warrants.

I was very impressed with the operation progress CAZA made about 2 years ago before the oil price collapsed. IMO they were very unlucky to be so successful just as the oil price crashed. Guess a TO could be a possibility now the debt is dealt with. But really, in this awful oil environment? Looks more like a great shorting op. Guess we will find out soon. I do note that quite a few resource stocks seem to be going rather well today, VED, LMI, PDL...

Can't beat the analysis ... or the swearing. ;)

Hope so. Bearcast is the best.

£75.5M

market cap for this was £79M in 2010 at 66.25p. Now £68.2M or 57p in 2010 shares!

28.7p now in old money. LOL

Have folks lost their marbles? SP is up about 100% in short order, but there are way more shares in issue than in 2014 and the market cap is epic. At the 26.5p peak in 2014 the market cap was £54.0M. Today it stand at £53.6M. I know the debt position has changed, but the oil price has fallen from $100 to $35. I think folks are seeing the low SP number and a nice shape on the chart and think this is cheap. Be very careful.

action looks like Friday's with a smash and bounce before the European close. Got to shake out those traders.

Dibs - Was that you bidding the price up when you realised? :D

Rather TW will spank me if I do. He's been annoyed about people doing that.

TW will spank you if you do. Just sign up on their website. It's just a token sign up and is free. Definitely worth it.

says hold at least. http://www.*************.com/views/19116/amara-mining-merger-with-perseus

Check your sums. AUD0.40 x 0.512 $/£ x 0.68 PRU/AMA = 13.9p per AMA share just for the shares. Not even shares are factored in.

Market obviously likes the deal. Topped up enough for 10,000 warrants.