Friday, 20 December 2013

Tristar Resources TSTR

Super RNS from TSTR this morning! They feel able to recover gold in their proposed roaster at the rate of 35gmw/tonne on a 500,000 tonne/annum basis! I am looking forward to seeing how they progress in 2014.
Berkeley Minerals BMR posted info on their media centre that they are starting testing their leaching and copper cementation plant so at last they are doing something.
Interesting that nothing has happened to either sp so no big excitement for Christmas.
Could 2014 be a good year?

Monday, 16 December 2013

Berkeley Mineral Resources BMR

I haven't posted for a while due to illness but now BMR entered into an agreement with a Chinese company. On the face of it, this is good news as it should enable BMR to process the ore in Zambia and no doubt the Chinese will want a bit more action than we have seen so far! The AGM is on the 23 Dec and I have another appointment on that day otherwise I would have liked to have gone. I hope something positive comes from it as the sp is currently languishing between 2 and 2.5p. All the talk of generating loads of revenue has been just that - loads of talk! Be nice if the sp finished the year above 5p but I am not holding my breath!

Victoria Oil and Gas  VOG have had the result of the arbitration so now Mr Grynberg should be contributing cash or he will be in default! The sp has started to move slowly north but it has a long way to go to get to my exit point of 10p!
Tristar Resources TSTR are building up for some excitement in 2014 if they everything signed off in Oman. Emin Eyi has moved out to the Middle East so I expect to see the sp move up in the new year.

Saturday, 22 December 2012

Last post of 2012!

Well the world hasn't ended as some predicted but not a lot has happened with many of my shares!
VOG issued an update RNS yesterday which was good, in that gas sales are increasing but there was slippage in amount of gas being suppplied and progress on the bank loan. I am still hopeful that one day VOG will come good. Kevin Foo has long held the view that he would like the company to be a mid cap company so about £350M Mcap. Based on shares issued of 2.8Billion then that would give an sp of 12.5p. I would be very happy with that!
My French share trading has been going well and I have gradually been increasing my holding in Natixis by trading the ups and downs. I will continue in this strategy as it seems to be working.
I don't know whether anything I have written has ever been of use to anyone but I would like to wish everyone a Merry Christmas and a prosperous new year!
See you in 2013!

Wednesday, 5 December 2012

And the news keeps on coming!!!

A great RNS this morning from Orogen Gold (ORE), detailing their latest drilling results at Deli Jovan! They are reporting 3metres at 29.6g/t gold which is pretty impressive! It would be better if they were actually mining and selling it but having found it, it isn't about to go away!
I wonder what the market will make of it today?

Tuesday, 4 December 2012

More Good News!!!

Today I received an RNS from Pinnacle Telecom Group plc who gave a trading update! It didn't say a lot but just that when they announce their results in February they will be very good!
"The Board expects to report significant revenue growth for the full year ending 30thSeptember 2012, compared to FY 2011. The Board also expects to report significantly improved Operating profit performance for FY12, compared to FY11. "

The market was underwhelmed and the sp went down but it will be interesting to see what happens in the lead up to results on 18th Feb next year

Victoria Oil and Gas are starting to improve a little and I still live in hope that one day the sp will hit double figures!!! Perhaps 2013  will be the year!

Friday, 30 November 2012

It's good news day!!!

2 nice RNS this morning which I have no doubt, in the fullness of time, will send the sp up for the companies involved. Victoria Oil and Gas (VOG) issued an RNS on their AGM and an operational update for Seprember/October. Basically they are likely to have another 9 customers taking gas by the end of the year on top of the 6 that are currently taking gas. They also have 26 letters of intent for gas supply and 9 for power requirements. Once they announce that they have finance sorted then I am confident that the sp is going to go up dramatically as suddenly they will be in a snowball situation regarding customers taking gas.
Orogen Gold (ORE) also issued an RNS saying that they had negotiated $5M finance in drawdown facility to enable them to press on with exploring the Deli Jovan site for gold. For me they key bit of the RNS was "We look forward to updating shareholders shortly on the most recent drill and trench results from Deli Jovan."  It would be nice if they meant Monday!!!

Friday, 23 November 2012

Orogen Gold ORE

I haven't posted for over a week because nothing has happened. Then, all of a sudden, today, things started to get exciting with Orogen Gold ORE! People started to buy millions of shares and the sp, had gone up to 0.67p! Traditionally they like to issue RNS on a Monday morning soi I wonder whether we will get one on Monday? Also they are supposed to release info about the gold mines in December so is this the start of something big or just another false dawn in the land of AIM?
We will have a better picture on Monday!