PYX Resources: Achieving volume and diversification milestones. Watch the video here.
Picking up nicely now, if the pundits are correct and the economy is actually improving a bit then this and other banks should go with the flow. gl.
starting to glow at last tick tock tick tock.
Looking very positive here at last.
Working almost anywhere in Africa is subject to political whim and interfereence. Look at the state of some of the better countries such as Kenya just to see how much they have derteriorated in the last decade alone. Other countries such as Uganda and Somalia don't even reach the starting blocks. However of all the East African countries Tanzania is probably the best to be investing in. Political pay offs, corruption on a major scale and a host of other undesirable conditions may apply almost anywhere. I think that the size and potential of this discovery will see it through this type of minefield. GL
is not unusual for this kind of project to get results. Most of these 'discoveries' turn into damp squibs and end up being abandoned for one reason or another. This discovery is now well on its way and the possibility of beng abandoned is remote. The surveys have been very successful and have prompted words like 'massive discovery' and comparisons to major producers worldwide. The fact that this discovery can be dealy with from the surface with a favoured handling process is a big plus. I don't think that this sp will be available under 10p by the end of 2013. Just my opinion of course but I fail to see anything that will prevent this from going to a major producer.
Here we go.
It has been a long wait but the company seem to have had it right all along. The recent survey results are outstanding and I see no reason why this company should not succeed. Production is not far away and once that kicks in and the massive reserves are fully appreciated by the market then this sp will respond accordingly. imho of course. GL
more dilution, but a firm belief backed up with tangible results from a huge drilling exercise, and for the first time a fairly confident prediction that all will be revealed in Q1 2013, and of course the statement that they will be fully funded to achieve all this development and more over the next twelve months. Well worth investing in over the next full year, lots of potential and a low sp at the minit. imho of course.
I do like the fact that they are now calling this a major resource with some confidence, and the drill tests are backing this claim up. Looking good and I would imagine that given another twelve months the current sp of 3p will be substantially higher.
Still very much off the radar and worth building up to a substantial holding at these prices. Unlikely to go south as the drill results are begining to speak for themselves. GL.
1 million bought and not a single one sold. The future is looking good here. All the funding is in place to start getting the stuff out of the ground, the surveys so far are very impressive, and this company could well become a major producer in the next three or four years.
fantastic news...get some.
When the risk is gone it will not be available for peanuts.
lol ...wrong board. doh
Tounge in cheek old bean. I have done more reasearch than the first moon mission. I have said it before and don't mind repeating myself yet again. It all depends on the tecnology of red leaf. If the eco system produces 10,000 bopd then this share will rocket. If the technology dosn't do what they say it will do, or the green politicans stick their oar in to disrupt the process, then this share is virtually worthless. Some big players have invested millions after more due dilligence than Arthur Askey ever had, and there are some amoungst us [apart from myself ] who believe that they would not have done so lightly. Will it succeed? In my opinion for what it is worth I think that it will, and consequently I am building up a solid position with Tomco. Good Luck.
I told you so!!!! This outfit is going to declare a major uranium deposit that is going to become a huge development and be very prosperous......not often I am right and I hope that I am not wrong again. GL
Keep buying and stay quiet. When the time is right let the others in...!! GL.
from the drilling results. The gods are with them at the moment and the future is looking good. Not only do they think that they might have discovered considerable amounts of the stuff, but that it is going to be easily mined as well. Time to build a large holding here and to be patient.
don't despair. Your support for Oxfam is commendable I make sure that all my wifes ' stuff ' comes from there. It will not be another ten years far from it. The auspices are good..survey results so far [plenty more to come ] are excellent and some serious cash has been raised to push this from exploration to production. Nothing is certain of course but I fail to see any obstacles. Hard work and a bit of luck maybe is all that is now required to turn your Oxfam into Gucci. gl
Mark my words well [right or wrong], when the padlocks come off these small boys will be rushing to market with a shed full of glowing soil, and they will sell it, and they will make a lot of dosh. gl