Member Info for Stevey

well my HSBC account is temporarily kaput and there have been problems with my iii. I can't buy any sub. good grief. :( good job Ive had a stake for a month now! :)

now you don't think RAB knew anything about this back in early October surely? I guess not, they probably guessed this is an undervalued company? $28 milllion is a decent haul, hope this works out OK.

yeah I feel like reaching for the glue myself today. Its a tough game aint it ! But I'm not worried at all about EMED, I'm very confident its going to do really well, I'm not in it for the short term. The market is taking a battering but mining does seem to be taking more than their fair share. I wouldn't pretend to know about the rest but I can't believe EMED and brinkley were overvalued. They certainly look even cheaper now. In fact I am seriously thinking this is actually a good buying opp.for EMED.

well my girlfriend is from Newry, and I have to put with her blatherings, so I claim honorary status on that basis! Hope you're all correct about this stock, I think its a good bet, worth a gamble. Good luck folks.

mmmmm well there is an argument for buying as sp's are goin up don't ya know. cos there may well be a good reason for it. I think so in this case. if the brokers are right and it hits 83p don't cry on my shoulder!

gee I dunno, ask Valticheck! all I know -its got a big river and its near the heart of darkness, and Belgians are as popular as shit stink!

I'm a bit giddy on EMED at the mo, would be worth a look if youve got any spare cash. I don't know how much to believe in the broker reports but if you read them, its like a wet dream, I hope I don't wake up in a cold sweat! I'm looking at BRR as we speak. getting a bit fixated on mines at the moment. something I know very little about I might add.

for both of us and all shareholders. is your trade the one listed as a sell on here? didn't click the wrong button did you? :)

75k?! you been sniffing that glue?! well as a shareholder I obviously hope you're right but it seems a gamble.

for anyone wanting to invest at the moment (or for me to top up at a lower price) there is enormous potential but its also an enormous gamble. we don't know what the BRM management are doing in DRC at the moment and how successful they will be. given the other mines/prospects they have, is it likely this sp could go much lower if they announce the DRC is a total non-starter?

I don't know why these have fallen, anyone any thoughts? I'm still in for the long term, but it is a bit annoying!

this is in the first article - Towards the end of July the three agreements necessary for setting up the jointly owned DRC company were signed by Brinkley and the CGEA so things are clearly some way down the track. It is worth noting that Arbuthnot, broker to the company, put a target price of 40p per share on Brinkley compared with its then price of 25.25p. That was in July when it looked as if all was sweetnes and light with the CGEA and the Government. Now the shares are only 12.5p which gives some insight into the value which might be put on such a deal if it materialises in this under-explored and uranium rich region. The brokers made the point that the JV would have access to 11 million lbs of known historical uranium resources and these could be multiplied several times through further exploration. now that was written some time ago when sp was 12.5p so the gain from DRC is huge (seems to be a lot more than I thought), however all is not looking especially rosy at the moment of course.

could do worse than start here - http://www.minesite.com/nc/minews/singlenews/article/brinkley-mining-maintains-pressure-for-its-joint-venture-with-cgea-in-drc.html http://www.minesite.com/companies/comp_single/company/brinkley-mining-plc.html

well youll have to check for yourself about RAB (I think its generally their 'special situations' fund) but their name keeps cropping up whenever I look at companies with a crushed share price. ie Northern Rock, Brinkley, Subsea resources, theres some more I had small holdings in but I forget at the mo. The picture I get is that if RAB have bought in, then they think a company is undervalued and they aim to make on them. but of course they are not always right, look at SUB, seems to be dying, dunno about Northern Rock - seem to be dying too!

well personally I think the Congo malarkey has driven the sp down further than deserved and may well be satisfactorily resolved. If not, the Congo isn't the only pie they have fingers in, possibly its been a bit overstated? It would seem that soon the sp will be about as low as it can go, theres no reason for this company to actually fail. When its bottomed out you would think the only way is up but who knows to where.

I know you're an african specialist, but have you looked at EMED at all?

from the management too. If their sp gets much lower they are going to vanish. "I hear that brinkley is about to break out from the doldrums and do some serious bus in drc." - well I hope you're right, these guys need to say or do something soon.

my impression was that this bank had low exposure to the credit crunch. I understand the crunch is going to have blown over in 2/3 months or so? or at least we will see the effects, know whose exposed etc. I think nobody 'likes' banks at the moment and the sp of this bank has been unfairly driven down. Maybe it will go even further down? i dunno, but soon this will be surely presenting a very good buying oportunity for the meduium term, and if not then for the longer term.

thats one long review. i wonder if the sp will just be stagnant till then?

well I sold them all because I only had a small holding. I wonder if I was a bit hasty, but never mind it was still a tidy +39% profit in 7 weeks. Can't complain at that. Now I'm thinking of buying more EMED.