wdelboy2
15 Oct 2015
Watch the bounce.. nm .... Balls of steel.. cheeky top up too...
wdelboy2
15 Oct 2015
One guarantee today.... Its going to be a roller coaster ride with fireworks, dips and rises. Keep your head and don't panic. Fundamentals look great. All IMO. Especially like the CEO who has a proven honest ( rare in AIM) track record.
wdelboy2
15 Oct 2015
David Pearl CEO Who is he ?He has excellent history and has used family and friends money for this venture. All at a far higher share price than it currently is. If you have faith he can close the deal , stick with it.FT article 2011, before Ebola wiped the share price to next to nothing.Sovereign Mines of Africa appears to have been in the right place at the right time. Founded three years ago, when the markets were falling, it took a chance that the political situation in Guinea would improve.David Pearl, a 67-year-old with decades of experience in corporate finance for smaller quoted companies, put up £200,000 of seed capital and later raised £600,000 from family and friends to look at mining projects in the west African country. His co-founders were James Comyn, who has experience of negotiating with African governments, and John Prochnau, a gold mining engineer.Mr Pearl and Mr Prochnau have worked together before, founding Brancote Holdings, the Aim-quoted company that discovered gold in Argentina and was sold in 2002 for $300m.
wdelboy2
14 Oct 2015
gold up too, perfect storm ? [link]
wdelboy2
14 Oct 2015
small punt today... Bigger one tomorrow first thing. Proved up 600,000 oz on 10% ...Low cost open cast mining.JV this really will get back to double digits in no time. It all rests with the JV but with Govt staying in power tonight and backing project it has de risked this venture. Directors happy to finance the project out their own pockets. Expect another bumper few days. 5p not unreasonable in the short term. The last RNS was very persuasive that things will happen very very shortly, before the 23rd. Probably waiting for a favourable election result( which went the right way tonight) 200% today but much more on the way. Balls of steel required ! GL .. de risk and top slice when cant sleep at night.
ExSol
14 Oct 2015
Forgot I had these, I smiled, then saw Altold Lol Someone sells all there holding, then it flys up, think I will offload my holding Tmrw finally broke even, less it piles in first thingGal all
alltold9
14 Oct 2015
Re: 3p close!! Bet we will be ever closer by end of trading tomorrow!
wdelboy2
14 Oct 2015
apart from blatant ramping... What is interesting here is the short length of the exclusivity extension. Surely they are therefore concluding the deal and dotting the is and crossing the t s . That's what make this potentially very lucrative although high risk if it doesn't get signed. Worth a punt...probably. worth the mortgage .. nope!
Newapple
14 Oct 2015
Alltold If we get this JV with the major this will multibagDirectors backing the company with their own moneyElection results due any dayEbola being erradicatedNo speeding ticketAny newbies should read the report on the website to see what they have got
barno99
14 Oct 2015
Re: 3p+ close!! Certainly great news, and with such a ridiculously low market cap and such huge potential altold..You may be right only probably not all in one day to 3p,maybe a few..
alltold9
14 Oct 2015
Re: 3p+ close!! Looking good for deal!
Newapple
12 Oct 2015
Seller gone Should see a rise tomorrow
alltold9
29 Sep 2015
Re: 3p+ close!! On our way back!
BuyBAO
29 Sep 2015
spikey
Ripley94
05 Jun 2015
SV Aug 14 The only one tom didn't like and got out ...54% down today.might do bust ?
