Member Info for teamonster

CMR heading northwards on news of resource upgrade. Lots of good upbeat news in the pipeline which should take CMR to that all important 10p mark in the near future.What do you reckon Trying?

Nice to see CMR

CMR is a little gem of a company. Very undervalued in my opinion. Will make the move to becoming a gold producer in a relatively short space of time. Gold price showing no signs of dropping back to $280 as some analysts predicted. I reckon gold will continue to rise, $800 per Oz not inconceivable in the next 12-18 months.Gold bugs rejoyce!

jgn71, I'm afraid that consolidation of a company's share capital would not necessarily mean that the post-consolidation share price is a straight forward multiple of the original diluted share price.A number of factors are taken into consideration, eg. market cap, the price/earnings ratio.Most companies with vast numbers of shares in Western markets, particularly AIM shares, consolidate because it encourages more active trading of their shares and thereby share price growth. In most cases a company will wait until its SP is at a reasonable level before consolidating. A consolidation announcement may result if a lot of selling before and after consolidation because shareholders want to avoid losing profit pre- and then want to buy the shares back cheaper post-. If you look at most 'biofuel'companies they have roughly no more than 50 million shares. The worst case senario is that GTL consolidates 1 for 50. I think its more likely that a 1 for 15 will occur resulting in about 175 million shares at possibly 80 pence each. If this happens I reckon GTL's SP will benefit greatly. There is increasing interest in ethanol, even Richard Branson wants to invest into ethanol production.The US biofuels market is huge and set to grow. I reckon that GTL could be 15-20p proir to consolidation (which may not happen for some time yet)and grow to well over a pound post.Have a look at Sterling Energy's(SEY) share price and number of shares.

Molls, As you know TZG shares 46% of the mining license for Mkumuru,Tanzania, Anglo Gold Ashanti also has 46%. I have heard talk that Anglo Gold Ashanti may want to buy TZG's portion of the license. This really depends on how much gold there is. A rough estimate of 3 million Oz amenable to open pit mining has been mentioned, but there may be vastly more gold at Mkumuru than that. I have no reason to disbelive the claims that the gold is so abundant and easily accessible that the locals are shovelling it up from close to the ground's surface.This company has the backing of some very wealthy financiers as well as a strong management team. Drill results expected in early March 2007. With just 24 million shares and the strong likelihood of masses fo gold TZG will do well in its own right.

ChicagoBoy, I agree that GTL Resources is a going to shine. The only problem is that it has 2.3 bn shares, so I reckon a consolidation of the share capital is very likely. But best possible senario is that GTL climbs rapidly to around 10 pence once ethanol is flowing after which the share capital is consolidated to 230 million(hopefully no more than 1 for 10).I usually hate to be caught in the midst of a consolidation since nine times out of ten I lose a lot of money. But I think GTL will continue to move northwards from a consolidation.I reckon small investors should have a minium of 20,000 shares in GTL in order to benefit from a possible future consolidation.

Lozzer, thanks for that. GTL is the only "green" share I hold. The company has met all its promises regarding the plant construction schedule so far. CEO has kindly thanked all share holders. Market for ethanol as either a petrol sparing fuel additive(85%) or as sole fuel element for the combustion engine will take off in the US and Europe in the next few years.GTL has a great future.

Grannog, it might have something to do with the news that ethanol will be flowing from the plant by December 2006.

MrMan, they also say that for every person who loses money on shares, some clever bugger makes a profit!

Davius, Thanks for the clarification.I wouldn't buy ZOO either.Looks to me like they have hived off the potentially most profitable part of the company. I have rarely benefited from a consolidation. SP usually nose dives after consolidation(SER).Having said that I reckon GTL will march on upwards after consolidating(please not more than 1 for 15)!

Davius, I'm useless at maths, but shouldn't that be a 1 for 75?

Nufcor is a unique share, representing the only uranium bourse.Potential to do very well indeed. Only 33 million shares, with a significant proportion held by Anglo Gold Ashanti.Recent uranium price increase has a lot further to go. Nufcor hasn't looked back since its floatation and more double figure surges upwards are on the cards.

Mozy, Oxus had the potential before the Jerooy disaster to rival even the mighty Peter Hambro.I pray that the Uzbek government dosen't land Oxus with a huge back taxation bill for AGF, that would finish the company.I expect the year-end results to be good and that we will see a recovery in the SP.

Merseaboy, I sympathise with you. I also got my fingers burnt badly over Oxus and Marakand.I'm sure RAB capital are very disappointed with the way things have turned out for Oxus.Can only hope that the year-end results are good.

Merseaboy, I think you are referring to my posting on the 12th July when you say that the recent drop in the share price of MKD has "nothing to do with Jerooy". I agree with you, but look at the date I posted, way before the bad news was out that the Uzbek government had decided to hand the mining licence to a state owned mining group.It is tragic what has happened to MKD and the whole Oxus group. If MKD was allowed to mine the Kandizah deposit it would have made the company immensely valuable given the deposit's world class importance.

Cheers, I shall keep you to that!

Trying- As far as I understand your spelling is correct! Porhyry copper is a particular type copper mineralization originating from ancient volcanic activity. Copper is in the form of copper sulphide, often extending from the surface crust to great depths in vertical column formation.Other metals are often found in such deposits, mostly Molybdenum or Gold. Much of the world's gold deposits are in the form of sulphides. I think "Blue Sky" project has the same meaning as flagship project. Early drill results suggest that CMR's porphyry copper-gold deposits are massive, possibly containing up to a million Oz of gold. Interestingly China is looking to buy into copper projects in South America and Africa.The future looks bright for copper and gold!KR.

KIM is still at an early stage of its mining development. Small cash flows from processing small amounts of kimberlitic ore. Processing plant capable of a 70K tonnes/annum through put is on the cards. May need to raise the majority of the necessary the finance through a placing.Then again KIM may find a very rich kimberlitic pipe on their lease which would cause their share price to surge(cf.Lonhro Africa).Bright future for all diamond investors because of steady increase in disposable incomes in China and India and their appetite for diamonds. African Diamonds, Firestone Diamonds, Cape Diamonds and Petra Diamonds are all set to do well. Also take a look at recent AIM listing Kimberley Diamond Company(KDC).This well established Australian diamond miner is named after the Kimberley Plateau in Oz, not Africa(confusingly). Set to quadruple carat production from this Sept to 650K/year making it the world's 5th largest diamond producer and the only diamond company with a sustainable annual production of yellow diamonds.

Trying-CMR is finally getting the recognition the company deserves. Highly experienced management team now on board with a strengthening business stratergy.Recent acquisitions of three high-grade gold mines in South America which are amenable to rapid development with relatively small capital investment. Expanding portfolio of mining assets and a potentially highly lucrative JV agreement over development of the Masa Valverde base-metals deposit in Spain.The future is looking bright indeed.

With CITIC Australia Trading. Big contract for AZR's top quality iron ore.