SPOKY
03 May 2016
Re: can anyone see this getting to 14p Well 14p is what I need to breakeven...That was the result of their last consolidation, left me well in the red
pb940
03 May 2016
Exert from MTR Quarterly Report Relevant to Goldstone[link] Board strongly believes that more opportunities exist for further investments that carry a similar dynamic profit potential. We have moved on two more opportunities recently with our investment of £125,000 into Red Rock Resources for shares priced at 0.42p and warrants exercisable within 30 months at 0.84p (LON:RRR) and an investment of £112,500 to buy 6,006,587 shares in Goldstone Resources shares (LON:GRL) @ 1.87p per share. Within a few days these investments combined are already showing a paper profit of circa £130,000 or approximately a 55% uplift on the amount invested.Our investing model is straightforward. The team at Metal Tiger have experienced a number of resource cycles and the recovery potential of resource shares is substantial and, with the right catalyst, very swift. Investments at this time in the cycle will commonly attract criticism, largely as the companies in question will likely be emerging from a lengthy period where the share price has been falling and some remaining investors feel antagonistic toward the company and management. We cannot be swayed by such issues of sentiment when making investment decisions and will focus simply on whether each investment target has the right mix of capital structure, market awareness and forward potential. If so, we can engage and the financial support from Metal Tiger and other reliable investors can act as a catalyst for increased confidence and a rising share price. Metal Tiger is an active investor and the extent to which we feel the need to engage with a company is exemplified by the structure of our investment. If we feel a company needs further support post investment we will offer it. Now is the time for smaller resource companies to work together and leverage off each other's distinct skills.
city watcher
28 Apr 2016
Note previously consolidated 10 - 1 When they leapt up from .34p to 3.4p in mid Oct. 2014, it was just a consolidation. So the current price 2.5p is still extremely low considering. With only 62.29m shares in issue now and the interest from other companies as posted today, I can see these rising some more before they dip. So one to watch.
Totally Wired
28 Apr 2016
Re: STRATEGIC ACQUISITION-GRL STRATEGIC ACQUISITION-GRL
Totally Wired
28 Apr 2016
STRATEGIC ACQUISITION-GRTL STRATEGIC ACQUISITION - GOLDSTONE RESOURCES Metal Tiger plc (LON:MTR) the London Stock Exchange AIM listed investor in strategic natural resource projects is pleased to announce the Company's participation in the acquisition of 12,013,173 shares of Goldstone Resources Ltd ("Goldstone Resources"
(AIM:GRL) by the Company and Red Rock Resources plc ("Red Rock"(AIM:RRR) at a price of 1.87p per Goldstone Resources share. The acquired shares total 19.29% of the issued share capital of Goldstone Resources, and upon completion of the acquisition Red Rock will acquire and own 6,006,587 GRL shares (9.645% of GRL) and MTR will acquire 6,006,586 shares (9.645% of GRL). Metal Tiger already owns 2,250,000 shares in Goldstone Resources, therefore following the additional acquisition Metal Tiger will own 8,256,586 shares representing 13.26% of Goldstone Resources.Goldstone Resources is an exploration company with exploration skills that focus on West and Central Africa. The assets include the Homase/Akrokerri project adjoining and to the East and North of AngloGold Ashanti's Obuasi mine in the Ashanti Gold Belt in Ghana. The project has a JORC Mineral Resource of 602,000 oz of gold at 1.77 g/t. Other licenses are held in Gabon and Senegal. The consideration for the acquisition is £225,000. Of this consideration £112,500 is payable in cash by Metal Tiger. The balancing consideration of £112,500 is payable by Red Rock Resources and we would refer readers to their market announcement in this regard. At the close of business on 27 April 2016 the price of GRL shares was 1.65 pence and the market capitalisation of GRL was £1.027m. In the six months to 30 June 2015 GRL reported pre-tax losses of £813,206 and net assets of £730,423. Paul Johnson, Chief Executive Officer of Metal Tiger plc excluded himself from the decision to proceed with this acquisition being an existing holder of Goldstone Resources shares. Terry Grammer, Chairman of Metal Tiger commented "We are pleased to announce the strategic acquisition of shares in another UK listed operating resource company. Metal Tiger continues to build its investment in low valuation clean operating vehicles and anticipates further transactions of this nature will be undertaken in the near future.[link]
gaulsdog
12 Apr 2016
the Boards summer vacation is now fully funded Goldstone Resources Ltd Corporate update and loan facility 12/04/2016 6
0amUK Regulatory (RNS & others) Goldstone Resources (LSE:GRL)Intraday Stock ChartToday : Tuesday 12 April 2016Click Here for more Goldstone Resources Charts.TIDMGRL RNS Number : 8541U Goldstone Resources Ltd 12 April 2016 12 April 2016 GOLDSTONE RESOURCES LIMITED ("GoldStone" or the "Company" Corporate update and loan facility GoldStone Resources Limited (AIM: GRL), the West and Central Africa focused gold exploration company quoted on AIM, provides an update to the market and to shareholders. Given the prevailing commodity prices and market sentiment towards exploration companies, Goldstone has undertaken a number of initiatives to reduce costs and recalibrate the business in line with the current financial position of the Company. This has included seeking to reduce or eliminate a significant portion of the Company's day to day administration and running costs, including salaries and all Non-executive Directors and interim CEO's fees having been waived going forward. In addition, the Company is undertaking limited exploration activities, consisting mainly of work to keep its licences in good standing, and following the recent changes to the Company's board of directors ("Board", the Board is exploring options for the Company's assets, which may include a disposal of one or all of its assets. The Company is also pleased to announce that its largest shareholders, Stratex International Plc ("Stratex" has agreed to provide a short term loan to the Company for, in aggregate, up to US$100,000 (the "Loan", demonstrating their ongoing support to the Company. The Company has entered into the loan agreement with Stratex who will provide an unsecured loan of up to US$100,000 repayable on or before 31 December 2016. Interest will accrue on the outstanding amount of the Loans at 5.0% per annum and will be payable quarterly in arrears. The Loan, which will be used to provide general working capital, may be drawn against amounts in accordance with the budget approved by the Board. As at 11 April 2016, the Company had available cash resources of approximately US$113,000 and it is the Company's intentions to drawn down the Loan as and when required. The Company also confirms that it is currently in negotiations with regards to a settlement with Jurie Wessels, the previous Managing Director and CEO. As a substantial shareholder, Stratex is deemed a related party of the Company and the Loan therefore constitutes a related party transaction pursuant to Rule 13 of the AIM Rules for Companies. Accordingly, the independent directors, being Neil Gardyne and Kerry Parker, having consulted with Strand Hanson Limited, the Company's nominated adviser, consider that the terms of the Loan are fair and reasonable insofar as the Company's shareholders are concerned. **ENDS** For further information, please contact:
interspec
23 Jul 2015
Re: Why? should complain its been a dog for years now finally getting a return 
Fosters100
05 Jun 2015
Re: Why? Volume seems pretty low??
alfa-spider
20 May 2015
Re: Why? there must be news leaking from somewhere allowing some to start filling their boots. AIM leaks.
J0HNNIEIS
20 May 2015
Why? Not complaining but anyone know why heading north? Maybe just another Aim share which people realise has been oversold. I seem yo,possess a few that are waking up at last.
city watcher
22 Feb 2015
Very quiet here - GOLD wanted now 10PM GMT 21 Feb 2015 Comments95 CommentsPanicked investors are rushing to buy gold bullion on growing fears that Greece could be forced out of the Eurozone and currency wars devalue savings held in bank accounts.BullionByPost has seen the highest demand for gold bullion in its six year history, an exclusive report for the Sunday Telegraph can reveal.The precious metal dealer, which sold £96m worth of coins and bars last year, said demand during the first five weeks of the year was up 40pc, when compared to the same period a year earlier.Demand for 1kg gold bars, worth an estimated £26,000 each, has increased by 74pc when compared to 2014.Also this has to be a really good buy for recovery, and linked to STI ticker too.[link]
cartonet
28 Nov 2014
SARAMA RESOURCES SWA in Canada, is a much better buy. [link] RESOURCES Cash on hand: 2.7 M GBP Market Cap: 2.67M GBP (!!!!!)GOLDSTONE RESOURCES. Cash on hand: aprox 1M GBP. Market Cap: 11M GBPBut that is not all....... it gets much better: Sarama just did a big deal with ACACIA MINING (FORMERLY AFRICAN BARRICK GOLD) to fund an exploration program up to 14M in 4 years !!![link] further links and stuff to read:[link] Dinning's Sarama Resources Ltd. (SWA) edged up two cents to six cents on 2.79 million shares. The company has attracted a big-name joint venturer to its South Hounde project in Burkina Faso. Acacia Mining PLC, which was known as African Barrick Gold until today, plans to earn 70 per cent of South Hounde, in exchange for $1-million now, and $14-million worth of exploration over the next four years. This is Sarama's second South Hounde joint venturer in as many months. Four weeks ago, it combined one of its South Hounde targets with Savary Gold Corp.'s (SCA: $0.025) similarly named Hounde South project. That JV is in promotable territory, sitting just south of Endeavour Mining Corp.'s (EDV: $0.50) Hounde project, where Endeavour is planning a $315-million gold mine. Acacia already has an interest there through a 2-per-cent NSR royalty on future production. With the majority of Sarama's South Hounde taken care of, Sarama has $6-million in working capital to explore at its Savary JV or at its other gold properties. It has one in Mali and three in Liberia. Sarama is exploring next to Aureus Mining Inc. (AUE: $0.32), and like Aureus, it too has strict Ebola protocols.Today Acacia's chief executive officer, Brad Gordon, said the new name comes from the African acacia, a hardy tree that thrives in difficult environments. Mr. Gordon has already proven that he can thrive in a difficult environment. When African Barrick (64 per cent owned by Barrick Gold) recruited him in August, 2013, the stock was trading at 110 British pence, down from 600 pence in 2011. Mr. Gordon embarked on a $100-million cost-cutting mission, firing hundreds of workers at the company's three gold mines in Tanzania. The villagers surrounding the North Mara mine were the most displeased and to express their displeasure 2,000 of them armed with machetes, stones and hammers tried to scale the mine's three-metre concrete fence this past January. The police were called and one rioter was killed. Mr. Gordon has not cut any community spending; African Barrick spent $11-million on North Mara community projects last year, and it has retained each one of its 50 community counselors. Despite the local difficulties, Mr. Gordon managed to boost Acacia's stock up to 265 pence, as the price of gold was falling. He has also managed to bring all-in cash costs down by $500 an ounce to $1,015. He aims to reach $900 an ounce next year. This is not his only plan for 2015. Since October, he has been looking for a new big deal in Africa. (Presumably, it is not today's joint venture with little Sarama.) Acacia has around $500-million in working capital, and Mr. Gordon has his sights set on a fourth gold mine saying, "If you're looking for producing assets, they've never been cheaper."
