Sprott Natural Resource Symposium Eric Roth speaks later today at 4:10-4:40pm Vancouver time about Hot Maden so will be interesting if this has any impact tomorrow.Brent Cook speaks 80 on the last day (Thursday) Exploration Insights, Game on or Con on, how to play it from here (how relevant to Hot Maden is questionable but hopefully some positive references/updates)
TSX-V trading commences Today! (MRA) [link] RESOURCES LTD ("MRA"BULLETIN TYPE: New Listing-SharesBULLETIN DATE: July 25, 2016TSX Venture Tier 1 CompanyEffective at the opening Tuesday July 26, 2015, the ordinary shares of the Company will commence trading on TSX Venture Exchange. The Company is classified as a 'Mineral Exploration and Development' company. The Company is presently trading on AIM.Corporate Jurisdiction: GuernseyCapitalization: Unlimited ordinary shares with par value of £0.001 per share 119,931,827 ordinary shares are issued and outstanding Escrowed Shares: Nil ordinary sharesTransfer Agent: Computershare Investor Services Inc. Trading Symbol: MRA CUSIP Number: G58144117 For further information, please refer to the Company's SEDAR profile. Company Contact: Glen Parsons Company Address: Suite 102, 3 Eden Street, North Sydney, NSW Australia 2060 Company Phone Number: +61 2 9437 4588 Company Fax Number: +61 2 9437 4599 Company Email Address: [email protected]
Northland revised target 104p [link] Resources Ltd (LON:MARL) RatingNorthland Capital currently has a GBX 104.00 TP on the 61.01 million GBP market cap company or 103.92% upside potential. In a research report shared with investors on 25 July, Mariana Resources Ltd (LON:MARL) stock had its Buy Rating reiterated by investment analysts at Northland CapitalThat's more like it!
Re: RNS out UPdated resources +69% Good luck with the top up Malbrad. I have no skin left to put into the game so will sit tight with what I have now!I think the market will wake up to the new resource over the coming days and the event taking place this week in North America in addition to the imminent TSX listing should contribute to momentum. I will be disappointed if the share price is not challenging 70p again by the end of next week but who knows!
Re: RNS out UPdated resources +69% Rather modest price rise so far has enabled me to top up a bit. The share price response may reflect the view that the market has already anticipated the good news or may reflect uncertainty about investing in Turkey given the recent coup attempt and the response to it. Another interesting insight is the probability that the new southern extension of the ore body is of a good but none the less lower grade than the core high grade area.MALBRAD
RNS out UPdated resources +69% Glenn parsons reports "staggering Gold Equivalent Ounces in the Updated Resource Estimate for Hot Maden"[link] increase in resource from August 2015"On an operational note, at both the Hot Maden and Ergama projects, there is no impact due to recent disturbances in Turkey. Operations are continuing normally without interruption at the project with all rigs turning in order to meet the joint ventures planned milestones."
Re: Coup Attempt MaverickYou must have a better insight of turkey than most having invested in a property you know the pitfalls. From a business point of view what is the likelihood of overseas companies being targeted by the opposition parties especially as we are extracting minerals from the country and the people not receiving anything back as they see it?. Is anyone aware of any protection or recognised protocol used by overseas companies re instability or change or is it cut losses and get out, could it all just be taken from Marl what safeguards if any do we have, it is difficult enough in a stable environment without CHP, MHP, HDP all kicking off against the AKP. Lets hope it dosen.t get that far for Turkeys sake. All the best joh
Re: Coup Attempt I have just returned from 4 weeks in Turkey.I was there when the Coup took place. I too have a house/rental property there.I went out because it was so quiet it was a shame not to have it used. I had a fantastic time.All the resorts are business as usual however many people are worried for the season is obviously very difficult with Erdogans "dictatorship" causing complications in the Tourist sector. Yes the Russians are being encouraged back to the big resorts but there was no evidence of them this year.I think Marl will be fine. Annoying to see it down 4p again but that could be a buying op? At the end of the day the resource is there for the taking. I am in at 64p for ref.Maverick
Re: Coup Attempt Agreed Franconia. I suspect that the price is drifting down because of the lack of news. Let us hope that the recent coup attempt does not delay the TXS listing. I am surprised that we have not had the resource update by now. If my memory is correct we are also back drilling now.MALBRADQ
Re: Coup Attempt Looking at the trading today tells you all you need to know. Max 5% drop and fairly small trades. The clever money is staying put.
Coup Attempt I have been watching the news with more than a passing interest. My family and I fly out to Turkey on Thursday for a 3 week holiday. We own a property out there and some land (no gold deposits sadly!) and just for good measure have a significant (to me) holding in Mariana. You could say I am heavily invested in Turkey! However, although recent events cannot be considered good news, I do believe that it will blow over fairly quickly. I am no fan of Erdogan or his style of government but stupid he is not. He needs FDI and so will want Turkey to be seen as open for business as usual as soon as possible. As others have said, the fact we have a JV with Turkish conglomerate certainly gives us comfort.I will be looking to buy more on any significant dip on monday...
Re: Sprott Franconia,Hard to know, only published once a year.I have compiled their holdings where you can see increase.[link] a MARL`s website they use old data in the list of shareholders.Over the years I mentioned to Glen that their lists are always out of date.We`ll look at it he said [link] can see also see the same number in their MAY presentation:[link]
Re: Sprott Wonder if that is still the current figure? Dated 31st May?
Sprott Sprott Asset Mgmt increased their stake, scroll down.[link]
Re: Come back Boris all forgiven No thanks, we need stability or we won't know where shares will go.