Member Info for thetruthhurts

Definitely worth a day trade - if you can get any LP 842

What a hoot - now negotiated trade only Bought 500 and can't get a firm quote for any more!

Seen at least 2 x 25k buys go through in the last 10 minutes

Might be here in a minute - can't see any bad news - shake before results next month??

Guess who watched it happen and did naff all about it LOL LP 411

Seems to have bounced at 400 again LP 409

Lets see if it bounces at 400 again LP 402.8

Anglo-Tanzanian miner African Barrick Gold PLC (ABG.LN) Thursday reported a 33% drop in fourth quarter net profit compared with the same quarter a year ago as lower gold production levels more than offset a higher achieved gold sale price. But for the full year 2011, net profit attributable to shareholders still rose 26% to $274.9 million, prompting the company to propose a final dividend of 13.1 U.S. cents a share, which boosted the 2011 total dividend three-fold to 16.3 cents a share, up from 5.3 cents a share in 2010. The U.K.-listed company said it may be able to produce more gold in 2012 than in 2011 and said cash costs will continue to escalate. African Barrick Gold expects to produce 675,000-725,000 troy ounces of attributable gold in 2012 at an attributable cash cost of $790 to $860 an ounce. This compares with 688,278 ounces of gold produced in 2011 at an attributable cash cost of $692 an ounce. The U.K.-listed miner reported fourth quarter net profit attributable to shareholders of $52.7 million for the three months ending Dec. 31 compared with the same quarter a year ago. Sales dropped 8% on the year to $285 million, and earnings before interest, taxes, depreciation and amortization, or Ebitda, a keenly-watched company earnings metric, fell 14% to $115 million

The company's fourth quarter results were negatively affected by an 11% on-year drop in fourth quarter gold production, to 160,020 ounces, and a 21% drop in fourth quarter gold sales, to 158,869 ounces, largely due to production setbacks stemming from drought-related power disruptions in Tanzania. The production setback more than offset the positive benefits from a 19% rise in the achieved gold sale price during the same period. Attributable cash costs were up 29% on year at $779 an ounce in the fourth quarter. African Barrick Gold operates four mines in Tanzania including Bulyanhulu, Buzwagi, North Mara, and Tulawaka. The company was spun off from Barrick Gold Corp. (ABX) in March 2010, and it holds four gold-producing mines in northwest Tanzania--Bulyanhulu, Buzwagi, North Mara and Tulawaka. Barrick Gold still retains a 75% stake in the London-listed miner. African Barrick Gold's shares closed Wednesday down 0.4% at 518 pence a share, but are up 13% since the beginning of the year.

The company's fourth quarter results were negatively affected by an 11% on-year drop in fourth quarter gold production, to 160,020 ounces, and a 21% drop in fourth quarter gold sales, to 158,869 ounces, largely due to production setbacks stemming from drought-related power disruptions in Tanzania. The production setback more than offset the positive benefits from a 19% rise in the achieved gold sale price during the same period. Attributable cash costs were up 29% on year at $779 an ounce in the fourth quarter. African Barrick Gold operates four mines in Tanzania including Bulyanhulu, Buzwagi, North Mara, and Tulawaka. The company was spun off from Barrick Gold Corp. (ABX) in March 2010, and it holds four gold-producing mines in northwest Tanzania--Bulyanhulu, Buzwagi, North Mara and Tulawaka. Barrick Gold still retains a 75% stake in the London-listed miner. African Barrick Gold's shares closed Wednesday down 0.4% at 518 pence a share, but are up 13% since the beginning of the year.

LP 449 Not in - all the GKP - but what was so bad about the rns

I've obviously totally missed something!

Down nearly 6% What didn't I see in the results?

http://www.mining-technology.com/news/newsafferro-mining-wins-approval-for-divestment-of-iron-ore-project-in-liberia/

Penny share punters were among the throng of buyers getting stuck into bombed out Mouchel. Shares of the outsourcing group, which crashed more than 90 per cent last year, touched 9p before closing 3.35p or 65 per cent better at 8.5p on a combination of recovery and takeover hopes. In a support services sector which had seen Connaught, Rok and Southern Cross go bust, Mouchel almost became a basket case after plummeting in October following a shock profits warning. The company revealed a black hole or ‘actuarial error’ would wipe out £4.3m of expected profits. It forced chief executive Richard Cuthbert to step down. Major shareholders, including Andy Brough’s Schroders (15.8 per cent), were livid because earlier in the year the board had rejected a 152p cash and shares offer from construction group Costain, 1.5p cheaper at 200.25p, saying it ‘significantly undervalued’ the business. What a joke! n November newly-appointed chief executive Grant Rumbles had to announce pre-tax losses of £64.8m in the year to end July 2011 and also warned that expectations for 2012 had been significantly reduced. Nevertheless, it was still able to agree a £180m debt deal with banks that prevented it from breaking covenants. Rumours yesterday did the rounds that Costain could return with an ‘attractive’ offer for the company which is now valued at a basement price of £9.5m. One fund manager didn’t buy the bid story and said sarcastically that the jump was just an attempt to massage the price higher ahead of a much-needed rights issue.

I couldn't find any bad news

Seems to have fallen through the level it bounced at on rns day Glad I didn't buy back - the fall reminded me of NVTA! LOL

Think I'll wait to see after hours trades - buys or sells before deciding whether to get back in at the moment

http://uk.advfn.com/p.php?pid=nmona&article=50438140&symbol=L%5ECSHP

http://m.theglobeandmail.com/globe-investor/investment-ideas/streetwise/canaccord-close-to-major-uk-acquisition/article2272035/?service=mobile Congrats anyone that also bought when I posted on 18th, up 16.8%