Tracking

Wednesday, 2 May 2012

Berkeley Mineral Resources

Berkeley Mineral Resources issued an RNS this morning that ought to start the ball rolling a bit! They have now confirmed that they have the Large Scale Mining Licence for 703 hectares around Kabwe.  Masoud Alikhani hopes that they will soon be supplying lead and zinc to world markets. I hope so too as they might start generating some revenue! Seriously though it should be good news and I will be interested to see what the markets make of it today.
After an initial 14% surge, the sp has settled down to around 5% increase for the day. So, good but not that good. Interesting that yesterday there were 4m shares traded and in the first 20 mins today there were 4M shares traded! By lunchtime is was over 7M shares traded so still not a huge amount!
Red Rock Resources also issued an RNS today regarding the sale of interest in Jupiter mines to Anglo Pacific. So RRR have now got some dosh and shares in Anglo Pacific and that ought to improve the sp of RRR
Victoria Oil and Gas updated their website today with details of their progress in March/April. It is all looking very positive and looks as though gas may be flowing in June!!

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