Member Info for tomc1

Take it you noticed theres not alot of people on the board, but someone keeps increasing the volume each day with all the 5k shares purchases... Looking good here, so much news due. Had alook at your other tips, im more of a fan of gold producers with decent cash or due to be coming into production. Im partically interested in ALD sub £2.00 and highland gold sub £1.80. Any thoughts? ALD looks cheapest!imho

Selling pressure really kicked in to quashed the initial buying after the rns update... Going to build a nice holding up to results early august, lots of news due to on further exploration which both Orosur and other partners in its licenses. Will continue to buy 70p soon

Cash balance $14 Million/£8.54M Let me know what you guys think

MCAP £45.65 usd/gbp =.6112 average gold price over the past year circa $1350 Following on from the recent release of the past years production figures, i thought it worthwhile to project the earnings for the year..... Analysis REVENUE 55,820*1350= $75,357,000 sterling £45,967,770 2010 revenues was $59.61M so approx a $15m increase due to gold averaging 1350 in this 2011 tax year compared to $1000 dollar in 2010 tax year. PROFIT Being conservative on costs per oz, i think in the 3rd quarter update they said it would be around 750 so i will use this figure.( Real cost per ounce had reduced in past couple of months to circa $650 i believe) $1350-$750= $600 per oz 55,820*600= $22,492,000 in sterling £13,720,120 Earnings Ratios EPS £45m/65m=0.69 P/E .70/.69= 1.16 That is incredibly low! This is a must in the current climate, not sure how much reserves are left and how well further exploration is going. These are rough calculations and do not take into account currency fluctuations. This is my first real attempt at doing valuations as such with miners as i'm an oily man myself... However i just could not ignore this stock, having done well out of amc in 5p in December. Regarding dividend payments i notice that they have previous paid 5.5p and 2p in 2007 & 2008 respectively. That is one why to get this share price alive and kicking...

http://www.londonstockexchange.com/exchange/news/market-news/market-news-detail.html?announcementId=10886994 Total of 55,820 ounces of gold for the financial year to May 31, 2011. Above company target of 55,000. Also to note the Arenal deeps is progressing ahead of expectations. Very news, the financial results should be out soon so hopefully the re-rating should occur shortly.

sickie as did i... no wonder the economy's in such a mess...:/

112 Good trade mate, i saw 110 as big resistance so sold at that point. Not sure not looking to add to pf at the moment, what with all the bad macro economic data out... poor growth, no qe3, OPEC probably upping oil production... Will defo add to watch list. ATB to all holders

those targets aren't worth the paper there written on, how simple factor is this is undervalued when compared to other stocks....like hallmark said earlier there maybe a logical reason for this though...

Theres alot of info on this stock on the iii BB... look it all up from this morning. Also the PDF just added should included the info required. Don't buy on the spike...p.s. i'm out now quick 10% as the markets irrational at present on equities...

to sell, on a 106-107 spread = buys going through as sells... ohh and i did dummy buy and cant buy....

35.77m This is why its shifting

Yes but the market hadn't priced it right for the up and coming drills which have just been released...also undervalued still do the math. 2000 barrel x 70 USD = 140,000 140,000 x 30 days = 4, 200,000 4,200,000 x 12 months = 50, 400,000 50 Million USD sales and the mcap of 35 Million.

look at probable reserves and now news upto 2,200 barrels a day all for circa 35 mil market cap! 105 on the ask no brainer

wayyyy undervalued espically when compared in at 100 on the ask atm, if that breaks then off we go!imo

"LESS bureaucracy!lol" You got that right check out another churchill CHL, suspended at 90pish and opened at circa 20p!!!!!! Massive learning curnve for me as i remember researching them, didnt buy in luckily!!! Come on ORE

Great stuff Nev! Defo worth a read guys! http://www.reservoircapitalcorp.com/s/DeliJovan.asp

Yep i second that well said! You forgot to mention that the price of gold just keeps on rising, close to $1450 today! :-) New website, name change then bring on the mining & potential new lincenses! not saying it will be a smooth ride but this company has decent potential. Go do some DEramping elsewhere, plenty of other companys out there which appear to be overvalued. Come on ORE!

Been researching pub, looking to get in. Could anyone inform me of the terms for capital raising please? E.g. 1 for 3.

Same here my buys 33 followed by 30 hopefully. i think that could well happen. already in mnr though commercial property exposure bring on it......

Best to buy these the day or before they goto market. Learned from my experience with lloy and tw. What are the terms of the r.i deal? Offer price and is it a 2 for 1 offer??