Member Info for scubaz

limited cash, so watch out for dilution

The management in BEM are poor but you still invested in BEM and lost out by the sounds of it. You are obviously bitter towards both VGM and BEM because you have lost money and I am sorry to hear that but coming on to this board and saying that the SP is going to go down to the 40s is deramping pure and simply. All aim miners are at all time lows. BAO for example has a potential resource of 750mt and the SP has gone down which just shows you how bad the aim market is at present when great news has no impact

Deramping again I see, Sounds like youve lost bigtime. Buy in at £220 did you? I sold at that price and have bought back in recently. All aim miners are sruggling at present VGM is doing no better or worse than others

From previous RNS "This is a positive announcement by the Government. It will support British industry in this sector and stimulate growth in skilled jobs. British Gas believes the Ceres micro CHP product has the potential to transform the domestic central heating market in the UK, enabling our customers to generate cheap, reliable & low-carbon electricity in their own homes." The potential and size of the market for the Ceres micro CHP product is huge so expansion of the company will be necessary

thanks, plenty time before Q3 to get the SP back up as CWR is very cheap at these levels. All companies need to expand. It depends on whether the Macro economic conditions improve or not

Zesiger Capital Group LLC ("ZCG), increased their holding in VGM in December 2011 to over 9%. Gold production for the second quarter ending Febuary 2012 was 14,315 Oz Gold produced for last quarter of 2011 increased to 15,684 ounces . Total £2.3 million profit for the last 6 months . Company in strong cash position with £6.9 million in the bank as at 31st of August 2011. Considered a buy in the last edtion of Money week magazine. The company is now turning around and on target to produce 65,000 ounces of gold in 2012 . Gold prices are rising again

they have £18.6 million in net cash as at 31st of december 2011

good Luck

Zesiger Capital Group LLC ("ZCG), increased their holding in VGM in December 2011 to over 9%. Gold production for the second quarter ending Febuary 2012 was 14,315 Oz Gold produced for last quarter of 2011 increased to 15,684 ounces . Total £2.3 million profit for the last 6 months . Company in strong cash position with £6.9 million in the bank as at 31st of August 2011. Considered a buy in the last edtion of Money week magazine. The company is now turning around and on target to produce 65,000 ounces of gold in 2012 . Gold prices are rising again.

would you like to prove to me that you sold ?? Or are you in on the act?

Nearly every aim miner has dropped over the last year Solg from 60p to 8p OTC from 3p to 0.8p BEM from 70p to 14p. We have been in a bear market. VGM is no different for being caught in that trend. I have heard your kind of posts a 100 times before as well as your buddies popping in going great post Oaktree , all aim miners are a risk , jog on

Heard that one before

If Moneyweek are recommending VGM as a buy then it must have something going for it, all companies have troubles in their early years and things dont always go to plan

Sorry mate what ever your reasons when someone states this will touch the 40s its deramping whether you feel justified or not. If you are not happy then you have the option of selling. Good Luck

This weeks Money week has Recommended VGM as a buy which is very good. Patience and this share will come good.

sounds like you are deramping.

Nice 70k buy yesterday

Massive 900k trade gone through from friday

Gold production up 40% last quarter, 4.2 million OZs of gold. Buy confirmed by www.barchart.com

Mr magic is fishing and you guys are taking the bait