Member Info for Rigger

BOOOOOOOOM!

This is a minimum 12-18 month hold for me. Let's see where we go with two producing mines and a rising gold price with low oil (production) costs.

Lol

That's it, Hold for Gold, the first of the derampers has arrived to tell us all what a bad investment we are all making. Must be seriously undervalued (as we all know) hold long. Hold for Gold.

The whole point of the name change IS to peruse the Romanian mining assets. Game on!

http://www.commodityonline.com/news/gold-to-bounce-back-quickly-may-hit-$1500-silver-$20-in-2015-peter-krauth-61112-3-61113.html?utm_source=twitterfeed&utm_medium=twitter

Sorry

Maybe you are

Roy Pitchford, Chief Executive Officer, said: "Following the successful funding of the Pickstone-Peerless Mine in Zimbabwe, the mine development opportunities available to AFCR in Romania provide the company with expansion and growth possibilities. The Baita Bihor Mine is targeted to process a similar monthly tonnage as Pickstone-Peerless, but is a multi-metal mine with a higher equivalent grade sourced from underground instead of by open-cast mining methods. It would therefore be a significant step up in terms of mining and processing. AFCR is therefore fortunate that it has very good local Romanian mining expertise available to meet this challenge. "On the basis that the Proposed Acquisition completes, the funding from the Placing would enable AFCR to start its first mining operation in Romania, which in turn would be expected to provide the base for the development of the very much larger mines that are part of the Remin Group. Baita Bihor would complement the development of the Pickstone-Peerless Mine in Zimbabwe and would be a further step in the process of transforming AFCR from an exploration company to a mining company. AFCR looks forward to having two operating mines in H2 2015"."

It would show a prudent BOD I suppose ;)

Romanian mine purchase. It's in the RNS ffs! Lol

Wrong biscuits?

Buys

Traded Action Notifier Price Amount Value 10-Dec-14 Buy Roy Tucker 2.00p 3,927,100 £78,542.00

2p, long term who knows, I'd like to se a range of 35-40p on two production mines, Romanian mine has an IRR over 500% if you read the last RNS.

Tick up .75 on bid

Bought 3,927,100 shares at 2p each on 10th Dec 2014 as way of payment of wages at around £78,000. See directors holdings above. He holds over 13,000,000 shares. He wants to create value for shareholders. Good luck all.

This deal would be transformational, creating lots of value for shareholders.

Time for one last top up?

They must be breaking out the biscuits as we speak!