Tracking

Showing posts with label Caspian Holdings. Show all posts
Showing posts with label Caspian Holdings. Show all posts

Saturday, 17 March 2012

Weekly Roundup

Firstly, I was rather surprised yesterday to get something spot on correct! Normally I sell too early or buy too high like lots of PIs but yesterday I sold at a peak! For the fourth time I had bought Central Rand Gold CRND shares an at the start of trading they appeared to be on the move so I put in a limit bid of 1.25p just for 1 day. About an hour later the order had been executed and I had sold for 1.251p, the high for the day!
Then I might have made a mistake! I was  torn between buying BMR, TSTR or CSH and finally settled for TSTR. However, I could have bought either of the other 2 and made a profit in the day and then bought TSTR at the end of the day! It is so much easier in hindsight!
I get the feeling that there is quite a lot of bullish sentiment in the market at the moment and next week I am hoping to sell all my BMR shares if we get a decent RNS and the sp hits 8.95p! Is that likely? Well it all depends on the RNS! Certainly people on the BBs are getting very excited but I am remaining cautious as things don't always go the way you expect.
In the next 2 weeks we should have a good RNS from TSTR and if the sp hit 1.5p then I would sell although I think with the right JORC RNS the sp could hit 2p!
I am then planning to buy Caspian holdings CSH and VOG with any profits. VOG is getting more and more press coverage and they are getting closer to completing their pipeline into Douala. Once that is complete then more customers will sign up and start taking gas.Also ther have been rumours of VOG selling some of its Russian business so I see it as a solid investment.
The next 2 weeks will be very interesting; I hope!!

Friday, 2 March 2012

Caspian Holdings CSH

Bit of sp movement today so I took the opportunity to sell my CSH for the moment and bought some more BMR shares. I am hoping that BMR is going to move north a little and then will get back into CSH. I think by mid April CSH may have something to report on its drilling at La Parilla mine.
BMR is supposed to get its large scale mining licence soon but I am not holding my breath!

Monday, 6 February 2012

Berkeley Mineral Resources PLC, BMR

Whilst some posters have said that the Zambian mining moratorium has been lifted I can find nothing on the web to confirm this! I have found this link and have asked a question as to whether anyone knows. I don't expect any RNS for another couple of weeks except perhaps holding RNS but I could be wrong. In the mean time there is an opportunity to trade the share for the brave!
So I sold some of my holding and bought some Caspian Holdings PLC (CSH) shares! They issued an RNS this morning stating that they had an option to buy the La Parilla Tungsten mine in Spain!
The historic mine resource estimated by SRK in 2008 is 36.0m tonnes at 0.09% WO3 making it one of the largest tungsten deposits in the western world. Tungsten is a valuable metal and they will be processing tailings dumps so not dissimilar to BMR!