Today, TriStar Resources issued an RNS regarding their interim results! Basically it was saying nothing new and the main activity at the moment was seeking funds to develop the facility at Goynuk and progress the roaster site at RAK! My view is that this share isn't going anywhere fast but in the fullness of time, when the roaster is up and running then the sp could be in double figures. How long that will take I have no idea, so its a share to buy now and put in the bottom drawer for a while!
Showing posts with label antimony. Show all posts
Showing posts with label antimony. Show all posts
Wednesday, 26 September 2012
Saturday, 10 March 2012
Weekly Roundup
Its been a funny week really, with lots of pent up excitement but not a lot actually happening.
Everyone is still excited about BMR and when they will release a string of RNS but I can't see it for a week or two yet. As a result the sp has been unexciting with opportunities to top up if you have the cash!
On Friday there was a lot of trading on VOG with over 59M shares traded! Apparently there is supposition that they may be selling their Russian oil business! We will have to wait and see but it could be interesting as Dragon Oil just pulled out of its bid for Bowleven.
A slight rally on the TSTR front as there is only 2 weeks before they are likely to issue a JORC on the antimony at Goynuk.
Also PINN has been holding up well and many people expect the next set of results to be very good as a result of the Olympics!
Everyone is still excited about BMR and when they will release a string of RNS but I can't see it for a week or two yet. As a result the sp has been unexciting with opportunities to top up if you have the cash!
On Friday there was a lot of trading on VOG with over 59M shares traded! Apparently there is supposition that they may be selling their Russian oil business! We will have to wait and see but it could be interesting as Dragon Oil just pulled out of its bid for Bowleven.
A slight rally on the TSTR front as there is only 2 weeks before they are likely to issue a JORC on the antimony at Goynuk.
Also PINN has been holding up well and many people expect the next set of results to be very good as a result of the Olympics!
Tuesday, 14 February 2012
Tristar Resources TSTR
Well after a very long wait, finally a super RNS today. Not a JORC but drill results showing good levels of antimony across quite a large area! One hole showed 7.1% antimony and they are looking for an independant assessment by the end of March!
Before opening this morning the share price was 0.77p/0.87p so it will be interesting to see what happens today! This is a share that does not have many shares in public ownership and if the RNS is anything to go by then it is going to be doing very well in the near future.
Before opening this morning the share price was 0.77p/0.87p so it will be interesting to see what happens today! This is a share that does not have many shares in public ownership and if the RNS is anything to go by then it is going to be doing very well in the near future.
Tuesday, 26 July 2011
Tristar Resources TSTR
A new RNS today where they have entered into a Memorandum of Understanding(MOU) to create a joint venture antimony processing plant capable of prducing 20000 tonnes of antimony pa, that's $320M pa!!!! OK there will be some dilution to fund the project but in the longer term this is a good move.
By contrast Edenville Energy is going from bad to worse and although theey have started drilling thee sp was down to 0.45/0.46p this morning and it was the top traded share yesterday and today. It seems that there are rather a lot of shares in issue and many of them are warrants of 0.02p each! If I am to make a profit here I am going to have to wait a long time. I should stick to my maxim of never going back to a share after I have sold out of it!
Porta Communications have changed some board members and news of an acquisition is expected by end of year now!! This did not do much for the sp and again this is looking more and more like a long term bet!
By contrast Edenville Energy is going from bad to worse and although theey have started drilling thee sp was down to 0.45/0.46p this morning and it was the top traded share yesterday and today. It seems that there are rather a lot of shares in issue and many of them are warrants of 0.02p each! If I am to make a profit here I am going to have to wait a long time. I should stick to my maxim of never going back to a share after I have sold out of it!
Porta Communications have changed some board members and news of an acquisition is expected by end of year now!! This did not do much for the sp and again this is looking more and more like a long term bet!
Thursday, 2 June 2011
Viridas PLC (VIR)
I'm afraid I couldn't help myself yesterday, the sp of Viridas was moving up and I cancelled my sell order and sold all of my shares. I bought at o.35p last week and sold at 0.6181p yestreday netting £650 from an investment of £882! Because it was Negotiated Trade some of the time, I put in a limit order for 0.58p and went for a cycle ride with my son. When I came back TD Waterhouse had sold them at 0.6181p, so well done TDW! In hindsight I might have made an error because I could have sold 148k shares and kept 100k shares riding free but what's done is done. Better than putting my money in the bank!
Yesterday, there was a lot of excitement about what info may come out of the mining conference where Masoud Alikhani was speaking. The general belief is that the deal is almost done, the money and paperwork is in escrow, and an RNS should be issued next week. Based on that information I increased my holdings in Berkeley Mineral Resources and have put a sell order in for 10.5p, to sell about two thirds of my shares. I intend to top slice these shares come what may as I haven't achieved that yet!
Yesterday was also the AGM of Tristar Resources and they intend to be in full production of antimony by the end of 2012! They are doing some more drilling testing and the results will be available with their interim results on 30th September! We will have to wait and see what happens.
Yesterday, there was a lot of excitement about what info may come out of the mining conference where Masoud Alikhani was speaking. The general belief is that the deal is almost done, the money and paperwork is in escrow, and an RNS should be issued next week. Based on that information I increased my holdings in Berkeley Mineral Resources and have put a sell order in for 10.5p, to sell about two thirds of my shares. I intend to top slice these shares come what may as I haven't achieved that yet!
Yesterday was also the AGM of Tristar Resources and they intend to be in full production of antimony by the end of 2012! They are doing some more drilling testing and the results will be available with their interim results on 30th September! We will have to wait and see what happens.
Friday, 27 May 2011
Viridas PLC (VIR)
Positive RNS from Viridas this morning stating that Bruce Rowan has 22% of the company after buying 100M of the 420M shares recently issued. I think that is a positive move and lets hope that it is followed in due course with an announcment of some activity in Oil and Gas or Mining.
TSTR also issued an RNS yesterday afternoon saying that they had assay samples at 1.2km from the Goynuk mine containing gold and antimony. It was a bland RNS and didn't have a positive affect on the shares what we are looking for is drill results to prove commercial resources. However, with gold and antimony that far from the mine it has got to be good news.
TSTR also issued an RNS yesterday afternoon saying that they had assay samples at 1.2km from the Goynuk mine containing gold and antimony. It was a bland RNS and didn't have a positive affect on the shares what we are looking for is drill results to prove commercial resources. However, with gold and antimony that far from the mine it has got to be good news.
Friday, 6 May 2011
Tristar Resources TSTR
The sp has fallen recently and if I had funds available I would top up significantly in this company. I believe that they have started to dig in Turkey for antimony and soon they will be in production. The current situation regarding antimony is the Chinese control 92% of the world market, their production is down and their consumption is up. So the Chinese have brought about a sudden and shocking supply crunch in the metal. The price of antimony has gone into the stratosphere and it’s likely to stay there for some time – great news for a company like Tristar Resources. NOTE: this is not investment advice just my opinion!
Yesterday only PINN and ALR were blue! One poster was saying that out of 32 shares he owned, all were red!! It would be nice to have some good news soon.. Another of my shares GNC has dropped €1.08 and is ideal for topping up at the moment as the interim results should be out about 24th May!
Yesterday only PINN and ALR were blue! One poster was saying that out of 32 shares he owned, all were red!! It would be nice to have some good news soon.. Another of my shares GNC has dropped €1.08 and is ideal for topping up at the moment as the interim results should be out about 24th May!
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