Hi Guys back of Holiday but not yet really settled down. Needed the break as I havent had a holiday in 5 years. Just been resting up at home.

Back to the stocks. Well lets face it last week was a stinker, simple as that. Interest rates hike hanging over the market and the tiddlers getting hurt most as all of the extra cost will fall to the bottom line. Lets hope for a better week.

Update on stocks.

I D DATA- hoping for this one to carry on from Friday and start to rise again. About 4 weeks to results so we may get a good run plus a contract win is get to be confirmed.

INCITE HOLDINGS - strange happenings at this company last week but apparantley big orders were being filled for institutional players, in fact a pal of mine on another site who is a big holder was contacted to see if he wanted to sell any of his holding and he gave them a quick no chance answer.

BEMA GOLD - fell back by about 10 points last week on averageish results. Fact of the matter is that a Miner should be judged on NAV and not earnings, due to physical nature of the business.

JUST CAR CLINICS - TA uptrend in place and company released two very interesting pieces of news on its web site that should see further support.

CENTURION ELECTRONICS - gave back a bit of ground last week but uptrend trully in place.

HCEG - another that gave ground back last week but there was some good news later in the week refering to warrants. Seems holders on a certain date will be awarded a warrant for every XXX share held . Ask me in the morning.

PIPEX - changed name last week had an up and down week but I added yet again. Great growth potential here.

NEW RECOMMENDATION

Going to go in for SCI ENTERTAINMENT SEG in the morning. Saturday paper confirmed that trading was well in front of budget and this backed up what Evil Knievil had been saying last week. EK feels that this is one of the cheapest stocks on the Whole Market, and we should get a good run up to Xmas with the new Desert Storm offering (sorry not an expert on games).
DYOR and if you buy watch the spread in the first hour or so, the MMS read the newspapers just like us, dont get sucked in. Remember you are responsible for your own buy and sell actions, we dont want any whimps complaining if they lose money. Only use money that you camn afford to lose and remember this is investing. If you want a quick fix, I suggest you go down to your local bookies , casino or boozer and play on the one armed bandit. We are all adults.

gf.

ps, sorry forgot Service Power Tech - special update on that sometime monday.

goldfinger / third eye,

do you guys have advfn id's?

Just wondered about the history here.

Third eye

You seem to be in the know. Why don't you explain the above? I'd be interested in your views!!

Otherwise stop clogging up the thread.

SH

Yes Andy,
Goldfinger is Oliverleftwingtit aka Slater aka Whitestrike aka Whitelion

Others have said he posts under several usernames on ADVFN.


I'm Outsider on ADVFN.


There is history, I have suggested Cape & Britannia will outperform JCR & they have which has caused many attacks, of course I think JCR has a serious debt issue, & interest rates will affect it. But instead of debate it's abuse or legal action or I'll report you to teacher.

So that is my civil reasonable question....It's negative but not unreasonable.

3 or 4 posts clogging the thread?

I see your in the goldfinger mold too......Isn't it a bit like "GO AWAY I DON'T LIKE NEGATIVE QUESTIONS ABOUT MY STOCKS" ?


Reasonable questions for you guys to answer, I'm sure you have done all your research so you should know.

I cant see thirdeyes attacks as I have squelched him, I suggest you do too. Lets keep this B/Board a place to swap adult like ideas in a civil atmosphere.

cheers Gf.

Had a civil response & accepted it from Bones on the JCR thread.

Will I get one about HCEG on here I wonder?

third eye,

Ok I am familiar with one or two of those logon id's.

I have to admit your questions on here that I have seen are civil, so hopefully you will receive reasonable replies, and we can maintain the standard in this BB that other BB's seem to have abandoned altogether!

I suggest baggage from other BBb's remains there, and we start afresh here.

Happy to do that Andy although you will note I haven't had the same standard from of civility from goldfinger, so you can understand why people get worked up. Perhaps to be fair & equal you should request the same of him?

Even if you don't I will ask reasonable questions & remain civil, as other than the attack I have just witnessed, this seems a civil place to be :-)

Bema staying solid and Thistle mining starting to get strength into the price.

cheers GF.

Well what a lousy day, can tuesday be so bad?. Bring back the Bear lol.

cheers GF.

Well certainly missed out on BTG, and theres been a cracking rise there on two awful days for small caps.

Perhaps now is the time to be looking selectively at stocks, positioning for Buys. People always seem to say oh well we arent going to get a pre- christmas rally, but it always seems that we do get one. Could this be the blow out before the rally starts, perhaps it is fingers crossed. Im bullish anyway as I see that one indicator that a lot of people miss, the international shipping freight figures are booming ahead, which suggests that World trade as indeed turned for the better. Good luck for the day.

Cheers GF.

Going in for a new BUY in the morning, if POG is over $400. Minmet, a gold play, its a gamble but unlike Thistle this is med - to long term. Please DYOR. you are responsible for your own buying and selling actions. Please dont hesitate to take a profit.

Cheers GF.

GF,

How far do you think it'll push MNT'ss price?

Goldfinger,

Have you any thoughts on Avocet Mining or Oxus Gold?

I hold both BTW.

Andy certainly do, AVM been in since 19p and have tranches all the way up to 31p so you can see im in the dosh on this one.

Oxus Gold is a fantastic stock and I was given this one by a lady called Crazy Women on SC at about I think it was 9p/10p, foolishly I didnt go in, drat, I could cut my feet of for this, it really is the one of the biggest mistakes I have ever made.

Good luck because I think you will be rolling in it. Keep an eye on BEMA.

good luck and cheers GF.

Still not in minmet, hovering and looking for further POG strength. Bemas is a beut, check this out.....

Minews Story



Date : October 21, 2003



Kupol Gold Project In Chukotka Is Key To The Future Of Bema Gold.


Bema Gold, a mid-tier gold producer in Canada came quietly onto AIM a couple of weeks ago. Quietly, apart from a shindig at Claridges to announce that the secondary listing had been achieved by way of introduction. No money was raised as it is well funded, but this has meant that the amount of information available to UK investors was limited. It also meant that liquidity in London was comparatively small, though the company trades huge amounts of shares daily in Toronto. The object of the listing was not money, but to raise the profile of Bema among European investors according to Clive Johnson, Bema’s chief executive.

As a first step Tim Hoare, the redoubtable boss of its London brokers Canaccord , suggested to Mr Johnson that a presentation be given at the next Minesite Mining Forum in November. An invitation had, in fact, been sent to him a couple of weeks earlier, but no answer had been received. He seemed in favour and at his suggestion another letter was sent, but with the same result. In the meantime Minews had, on advice, adopted a fall-back position in case Mr Johnson could not make it. Contact had been made with Bema’s man, or rather men, in London, so that if necessary one of them should step into the breach. Bema, after all, is establishing an office in South Kensington from which its UK/European PR/IR campaign can be operated.

Memories went back to when Henry Clive did a similar job for John Jones of Troy Resources at the 11th Minesite Mining Forum in June. Henry used to be a stockbroker and it is to his credit that Troy now has over 30 per cent of its equity in UK hands without bothering with an AIM listing. Whisper it quietly, lest it get to Australia, but he did a job as good as, if not better , than his boss. Unfortunately things did not go so smoothly with Bema. Mr Johnson, according to his London team, has to attend to family matters in November so cannot make the next Forum. He does not want either of his two representatives to take his place , so the next time it may be possible for him to appear is February.

Mr Johnson is a good promoter. No doubt about that, and a string of fundings has been completed to prove it. At Claridges he managed to give a very upbeat talk without once mentioning the Petrex acquisition in South Africa which cost his company C$67 million about a year ago. For this it purchased the Golden Reefs mines on the Witwatersrand as well as eight production shafts and a mill which produced 146,000 ounces of gold in the year to end June 2002 at a cash cost of US$194/ounce according to Canadian stockbrokers Loewen, Ondaatje, McCutcheon. Based on an independently audited 10 year mine plan, the mine is projected to produce an average of 185,000 ounces of gold per year with operating cash costs estimated at approximately US$185 per ounce. With some expansion here and there, plus mining slightly higher grade material , it is now expected to be producing at a rate of 200,000 ounces/annum by the end of this year.

Then was then and now is now and there seems little doubt that the strength of the rand in the intervening period has injected a bit of pain into the proceedings, currency put options notwithstanding.. Nevertheless the additional production means that Bema has been able to forecast 300,000 ozs for next year from South Africa and the Julietta gold mine in Russia at an average price of US$200/oz. In addition to this there is the Refugio mine in Chile which is jointly owned with Kinross. This may be restarted towards the end of 2004 and it would add a further 115,000 ounces to Bema’s annual production, but at a high cost. The same goes for the Cerro Casale deposit in Chile where Bema has a 24 per cent interest. If Placer Dome decides to go ahead with it, more high cost ounces will be added to Bema’s production portfolio.

This is the crux of the matter. Bema has to decide if it wants to be a high cost, or a low cost producer which is where the Kupol gold project comes into play. A 75 per cent interest was acquired shortly after the South African deal and it is up in Chukotka near Julietta. Kupol hosts a large epithermal gold and silver vein system that is up to 30 metres wide with significant values over a true width of up to 15 metres and Canaccord believes that it has all the earmarks of a world class deposit. The latest drilling results confirmed the continuing high grade gold mineralization over 3.1 kilometres of drilled strike length and to a depth of at least 300 metres. Grades as high as 35.56 g/t gold and 865.51 g/t silver over 9.6 metres were encountered.

Opinion is hardening that this may be a 10 million ounce deposit. More will be known in January when an initial resource estimate is published. It would then be possible to move to pre-feasibility in short order and on to a bankable feasibility study within 12 months. Obviously it will be a low cost open pit operation and Clive Johnson has said that that it could be in production by 2007 at a rate of between 700,000 and 1 million ozs of gold a year. This would mean mining around 900,000 tonnes/annum of the high grade ore in the North Zone and Big Bend regions and the capital cost of developing the mine would be around US$200 million. The amazing thing is that net of silver credits the gold would be produced at a cost of virtually zero. It is difficult to find a simpler and better story than that, so more is the pity that Mr Johnson chose not to let his London team explain it to the Minesite audience. It would have also given them a chance to introduce themselves.ENDS.

Looks like a very exciting play on Gold to me and Im going to add whenever funds become available.

cheers gf.

A good day for me, Bemas well up, cardpoint as come in with good results Pipex is heading higher. Zoos the only one letting the show down, doesnt seem to know which way to go at present. Good luck.

GF.

What about IDD? that's just as bad as ZOO at the moment

goldfinger,

Thanks for the comments, I think both are looking extremely good, and as long as the price of gold doesn't fall too much, it'll be a merry Christmes this year!

What price the two of them reach 1 by Xmas?

Bema does look strong, will keep an eye on it.

Could happen Andy if the rest of the market doesnt start to rally.

cheers GF.