african minerals appears to be upping its stake - possible takeover / offer?

my younger son holds these and has done very well from them .... perhaps i should adopt him as my teacher!

The market cap is tiny....and things seem to be moving fast in that part of the world.

is his handle mitzy.....cynic??? or maybe Kate

aka "squit"!

I've done very well on these the last few months trading the technicals.

Great little company with a big future IMO

Joined the party here this morning with a couple of grands worth, as a starting punt. Long term hold imo as above says big future.

fresh out of booze at the mo, blanche. Will have to be round your place....

London presentation ont he 28th April 2010, click HERE for details and FREE registration

I got a nice rise on this one...lets hope it keeps going..

bb keep taking the tablets!

am in good profit....tablets working well in that case....:))
edit... the blue ones are my favourite....

New article and analysis

More good news here this morn. Lets hope it reflects in the sp.

Topped up here today. Nice rise, Expecting this to be my next bagger. News and results soooooon. gla......dyor

following on a free ride at the mo, certainly creeping up. :))

StockMarketWire.com
Mozambique mining group, Baobab Resources says that drilling continues to delineate substantial widths of mineralisation at the South Zone prospect with 3,500m now completed.

Drilling in the north of the South Zone prospect area has intersected a 200m wide sequence of stacked, steeply dipping, heavily mineralised packages over a strike length in excess of 300m. Mineralisation remains open along strike and at depth.

The Group says it has successfully secured a second RC drill rig to improve productivity and accelerate the drilling campaign.

Baobab's Managing Director,Ben James comments:"The results to date are beginning to reveal the greater potential of the South Zone prospect.

"Drilling currently underway in the northern portions of the area is delineating a substantially wider zone of mineralisation than anticipated that has yet to be closed off along strike and at depth."


This excellent news should kick the sp moving back up 8-)

bought into BAO on Friday at 4.17p.
I'm already in RRR from a few months ago at 2.25/2.5p so very happy with current sp level hoping that'll go much higher (imho)

Also bought some RGM on Friday.

I'm also in AAU, VOG and VGM which is now a 3.5 bagger for me...so it's all looking good at the moment!.

At 4.17p.... ?

ooops! 4.17p was for RGM (bought too early in the day, could've got lower had I waited for the afternoon!)


I got in BAO at 11.18p...nice RNS released this morning!

News just released..

Early days and SP may retrace...will buy more if the sp weakens



Baobab signs JV heads of agreement with North River
StockMarketWire.com
Baobab Resources has signed a joint venture heads of agreement with North River Resources for the Monte Muande magnetite/phosphorus, base and precious metal project in the Tete province of Mozambique.

Baobab says the JV has a four-year, three-stage investment structure:

* Stage 1 investment of $625,000 to earn a 60% interest in the project.

* Stage 2 investment to bring discoveries to pre-feasibility status to increase Project interest to 75%.

* Stage 3 investment to fund a definitive feasibility study to earn a 90% total interest in the project.

North River has the option to fund pro-rata at stages two and three to maintain its 40% interest in the project.

Baobab will assume technical management and operational responsibilities for the project.