ookyfly
15 Nov 2017
Re: Share price on the Rise! I would think that ith a de facto coup under weigh, the end of the Mugabe era near, and Mnangagwa known to favour market friendly, pragmatic economic policies, Vast sp should soar.Or have we sold off all our Zim assets? I hope not.
dickie3times
13 Nov 2017
Re: Great article This year has seen the company sell off a 25% interest in the subsidiary holding the Pickstone-Peerless and Giant gold mines in Zimbabwe, and put more cash into its 100%-owned Manaila polymetallic mine in north-eastern Romania.read full article[link] is the latter that has got its investors excited as the company tries to leverage its ‘first-mover advantage' in the European country.The company's Romania story started back in 2012 when African Consolidated Resources (Vast's previous name) completed an exclusive due dilligence exercise on 55 precious metal and polymetallic assets previously run by state-owned company Remin.Located over a prospective 100km land package, the majority of the mines and projects were shut down in 2006 in preparation for the country joining the European Union - membership of which is granted on the basis of no industry being subsidised. Andrew Prelea "Of the 55 mines with 16 mining licences, we ended up looking at nine and, of these nine, five were commercially viable," Vast's president and executive director for Romania, Andrew Prelea (pictured), tells Mining Journal.This has since led to the company becoming the only non-ferrous miner independent of the state-run mining entity in Romania.Manaila is producing copper and zinc in concentrate form, and churned out 1,082 tonnes and 118t of the two base metals in the September quarter, with copper production showing a 31% upswing on the previous three-month period. Vast has worked very hard to get the asset to this position, transforming the operation over the past two years."We basically had to rebuild operations using a flotation building originally used for manganese and an openpit which did not benefit from the full planning expected for an openpit" Prelea said.On top of this, the concentrate the mine was producing required improvements.Priot to Vast, a Chinese consortium were operating Manaila and producing a single concentrate grading 13-15% Cu and 12% Zn.The zinc content in the copper concentrate was enough to make most copper smelters baulk and, unsurprisingly the product was heavily penalised.Through a series of internal and external studies, the company found an appropriate metal balance and now produces two separate concentrates - copper and zinc - that are in a sweetspot for its customers, according to Prelea.Manaila has an indicated and inferred openpit resource of 2.6 million tonnes at 1% Cu, 0.4% Pb and 0.9% Zn, along with an underground base of 310,000t at 1.7% Cu, 0.4% Pb and 0.5% Zn (indicated and inferred).The openpit numbers imply Vast only has three years of operating life left here, but it has plenty of expansion opportunities.Vast has already outlined a 4.45Mt-11.88Mt exploration target with grades up to 2.3% Cu, 0.5% Pb and 1.1% Zn, but recent results from the first 1,000m of a 2,200m drilling programme at the adjacent Carlibaba prospect show potential for adding a second openpit mine to the Manaila complex.This drilling reported intercepts of 3m at 2.93% Cu, 0.88% Pb, 1.95% Zn, 0.47g/t Au and 93.33g/t Ag, and 5.9m grading 1.97% Cu, 0.3% Pb, 0.71% Zn, 0.62g/t Au and 26.29g/t Ag from shallow depths.We want to transition from junior into mid tier by leveraging off our current first-mover advantageThe company has also been granted a licence extension enlarging its prospecting area by over 20 times. In addition, the company has been granted two new prospecting licences for the Piciorul Zimbrului and Magura Neagra polymetallic prospects, the latter of which is thought to host porphyry copper-type mineralisation with veins containing gold, silver, molybdenum, lead and zinc.On top of this, Vast has an underground exploration target at Manaila of 5.92Mt-15.78Mt grading up to 2.6% Cu, 2% Pb and 2.6% Zn.
suki the dog
12 Nov 2017
Great article [link]
wheelds
06 Nov 2017
Share price on the Rise! 16 October 2017, 09:34 Source - SMWVast Resources said third-quarter production reached a record, buoyed by an improved operating performance at its Manaila polymetallic mine in Romania and Pickstone-Peerless gold mine in Zimbabwe.At Manaila, the company posted a 46% increase in tonnes of ore mined from Q2 2017 to 40,462 dry tonnes.At Pickstone-Peerless, tonnes of ore mined rose 4% to 71,553 tonnes."It is pleasing to be able to report improved quarterly production statistics as the company strives to become overall cash generative," chief executive Roy Pitchford said.At 9:34am: (LON:VAST) Vast Resources PLC share price was +0.01p at 0.35p
Ripley94
03 Nov 2017
Re: Pickstone-Peerless 
Sliced that top with a few on top @ 0.64 is approx 40% up on week. I might be doing something right..
Ripley94
01 Nov 2017
Re: Pickstone-Peerless Just seen this nice surprise
Ripley94
30 Oct 2017
Re: not boring, this stock Now Nice .. whats all this buying on the way down .Pop over to the ACTA bb .. you will find a Marksman who thinks that's not the way , you should be topping up as it rises :- )I'm told he has a very high IQ
Nice to Michu
30 Oct 2017
not boring, this stock bought some more this morning and had a feeling I might be buying more lower again this afternoon - would keep buying in tranches of 10% off - but then saw it rip back up smartly..I've got feeling I'm going to have some fun with this one.Peerless perhaps...in a Pickstone sense, at least.
Ripley94
27 Oct 2017
Re: Pickstone-Peerless Post a new message then BH... Lol . don't follow me your lose a packet
BHP12
27 Oct 2017
Re: Pickstone-Peerless Soon this bb will be renamed into the pickstone-peerless board ;-0
Ripley94
27 Oct 2017
Re: Pickstone-Peerless Just topped up in ( S ) ..ISA.. @ 46p...Had sold some echo and hour early and used the funds.Be interesting to see how that move works out ..lolR
Nice to Michu
27 Oct 2017
Re: Pickstone-Peerless apologies ripley
Ripley94
26 Oct 2017
Re: Pickstone-Peerless I think you might have that wrong.. nice to M ... lol.How long have you been in this , i try to be very honest and transparent , i use the tread to link mt posts .I hold things for years.look back on this board and you will see when i first bought.maybe you have confused my averaging down and topping.R
Nice to Michu
26 Oct 2017
Re: Pickstone-Peerless 'Sites' should say 'boards' in previous post and, in case of confusion, I fully respect your style Ripley (and understand Alltold is entitled to post what he wants... within the bounds of II administrators rules ) Every man to his own style and good luck to all
Nice to Michu
26 Oct 2017
Re: Pickstone-Peerless I've noticed from other sites that you are a short term trader ripley and as i'm mostly buy and hold.. so I understand our styles and perspectives are very different. Webber Span and i, on the other hand, might have a lot more in common.Alltold is the rampant ramper across endless small cap stocks on II BB's... who perhaps does stand up comedy in his spare time... He strong buyed this on this board a while back and off the back of his previous form I took that to mean that the stock would go meaningfully down . he's consistently good, in fairness... as long as you understand to do the opposite of what he recommends
