wdelboy2
18 Oct 2015
Wonder which country is next ?? Taken from BBC websiteTanzania is regarded as the new frontier for pioneering gold miners, moving up the rankings to become the third-largest producer of gold in Africa. Investors are taking advantage of a new regulatory environment that has opened the country for business. But as corporations reap huge profits, millions of ordinary Tanzanians - HUGE PROFITS... That's what we greedy people are invested here for. Deal will be signed this week( now election is favourably concluded) for JV and then it will be For those that are in.
wdelboy2
17 Oct 2015
We have a president ! tick .... No reason for the news announcement with the Major getting on board now IMO.Guinean leader Alpha Conde was re-elected to a second term in the first round of the country's disputed presidential polls, according to provisional results released on Friday.Results published by the Independent National Electoral Commission, from areas representing over 90 per cent of the electoral roll, showed Conde winning an outright majority with nearly 2.2 million votes.for full article[link] believe Monday will see the excitement build and hope we get news mid week. Gap up on this one.
wdelboy2
16 Oct 2015
our bidder is probably ... Anglo gold AshantiFrom their website...Growth and improvementThe production ramp up at Kibali will contribute additional ounces at a cost that is lower than the group average. The downturn in the gold price early in the year 2013 and the resultant emphasis on cost efficiency has led to the revision of mine plans and a cut-back in growth plans at many of the other operations in the region to enable the company to maximise cash flow even in a weaker gold price environment.Management continues to see exciting opportunities in Guinea as exploration work continues on the Kounkoun trend, one of three priority greenfield exploration targets[link]
wdelboy2
16 Oct 2015
last chance to buy cheap... GL next week , I am not selling any of mine !
goldmind
16 Oct 2015
good news for OXS now out
jaja
16 Oct 2015
thats me. sold with profits. this going down now. next to multibag will be either WRES, SBLM and JLP. news next week!
wdelboy2
16 Oct 2015
less volume so far today... Looks like people have already taken their position regarding news next week. It may of course take a bit longer but the CEO has personally said he can maintain the funding and he has deep pockets! If he isn't selling then neither am I .Further to the announcement made by the Company on 28 September 2015 in relation to the exclusivity agreement entered into with a major third party until early October 2015, the Company announces that an extension has been granted to the exclusivity agreement until 23 October 2015, in order to attempt to finalise a formal agreement relating to the Company's Mandiana project. There can, at this time, be no guarantee that such an agreement will be entered into, a further announcement will be made in due course when the exclusivity period lapses or produces a formal agreement.
jaja
16 Oct 2015
SBLM moving up. hugely undervalued...
wdelboy2
16 Oct 2015
dont be fooled... Forcing the drop on low volume. It will continue to rise. Have faith in the CEO. He has pulled it off before and knows what he is doing. Election is favourable so expect the signing complete early next week once the victory celebrations subside. The president is pro investment in mining and the country now has reliable power thanks to the Chinese hydro plant.
wdelboy2
16 Oct 2015
it just gets more compelling.. Mr. Condé, who was well in the lead with about 80 percent of the vote counted on Thursday, has won the support of many Guineans over the past five years. His first term included an overhaul of the powerful and unaccountable army he inherited from his predecessors, and a drive to bring some transparency to the country’s murky mining sector.His campaign was further aided by the recent completion of a Chinese-built hydroelectric dam, which has drastically improved the capital’s electricity supply and provided a tangible mark of progress for residents.“Electricity was the biggest problem here,” said Alpha Camara, a telecommunications technician, as he left a polling station in central Conakry, the capital, after casting his ballot for Mr. Condé. “Now businesses will start to invest here, and the future will be better.”During the campaign, Mr. Diallo focused heavily on attacking the government and electoral commission over the logistics of the election, and his vague promises of jobs for youths were not expected to win over enough voters outside his traditional ethnic Peul support base.With vast mineral wealth at stake, including what are thought to be the world’s largest undeveloped deposits of iron ore lying beneath the Simandou mountains in the remote and forested southeast of the country, the business community has been watching with interest.Full article here [link]
wdelboy2
15 Oct 2015
written 2 years ago... Mcap then 5 million without the drilling and hoping to find 500,000 oz resource initially, with projected mCap of 3 or 4 times this based on this amount ! Now with resource of 600,000 oz proven JORC in only 7% of target area, JV in the pipeline and political stability... The mind boggles as to where it should be. Investors put off by the rise shouldn't be. It was so low because of Ebola and no other reason. Before that it was around 3p. Its a multi bagger from here for all to see. Just open your eyes DYOR and hold with confidence. GL [link]
wdelboy2
15 Oct 2015
Conde almost certain to win election This is the crucial point to the major getting involved as the CEO has backed the current president. This will provide an important boost tomorrow and news will follow. I am sure its all but done pending the election decision.[link] around 80 percent of the vote counted after Sunday’s presidential election, poll results show Guinea’s President Alpha Condé is likely to win another term in office after one round of voting. Results from the West African country’s electoral commission showed the incumbent had more than 55 percent of the vote, Reuters reportedgoing to be another busy day tomorrow.
wdelboy2
15 Oct 2015
BOD and family paid a lot more.. They bought shares between 3p and 12p and thought it was good value then. Not many shares have been issued since then. Its been kept as a low cash burn outfit run by experienced CEO. Hold them tight and they will be worth a lot more IMO. GL whatever you decide. Some times its worth the risk !
ExSol
15 Oct 2015
Re: next wave now ! Don't miss vital Info out especially if there are people new to the game jumping on a rideThere can, at this time, be no guarantee that such an agreement will be entered into, a further announcement will be made in due course when the exclusivity period lapses or produces a formal agreementGood luck
wdelboy2
15 Oct 2015
those that were going to sell.... have done so by now. It should prove to be another great day here after yesterdays gains its really shown amazing support and 2p+ close Friday is very possible. News expected early next week once the election celebrations have been done and dusted. GL
