NML is due its interrim results now, last year it was the 28th of this month.

They are setting up a new site to explore/research/analyse and all the equipment to do this should be on site now, and drilling should start soon, all this extra news should be covered in the interims.

does anyone have any further positive views on this company ??

uk analyst 06/07/05


New Millennium Resources attracted buyers again today, after its joint venture partner Hudson Resources confirmed significant diamond counts from its spring drilling programme. Its shares added 0.5p to 3.5p. The company now plans to initiate over the summer. The discoveries made are clearly encouraging and should substantially enhance the Greenland asset and thus, New Millenium's 20% free carry interest. Further news as the drilling progresses over the summer is inevitable and prospects are looking good.

takahe

many thanks

may..you are welcome. The boxes have appeared beside your name now..there must have been a fault in the system.

takahe,

I wonder what the timescale is for proving the resource In Greenland?

And I wonder how many months of the year they are able to work, given the inclement weather and remoteness.

Hudson are Canadian, and they manage there, just wondering if the same is possible in a remote part of the world such as Greenalnd.

In the Express today : SHARE WHISPER: NEW MILLENNIUM RESOURCES (bullish update; traders expect more good news in the next few weeks relating to diamond production at its "jewel in the crown" prospect in Angola)

Why didnt the trading updat give figures in terms of the company's performance compared to its expectations?? I thought thats what trading statements were about??

Until there is concrete evidence that this company is going to do what it says it is going to do, then I am glad to be out and to try and get my money back i lost elsewhere.

Andy
I have no idea. Hudson are an experienced company and I guess they know what they are doing.

LOOKING GOOD

Where's your mystery seller today Anomalous?

Read the Geologists's Report, it answers most of your dumb questions you stupid prat!

FILTERED!

there are mentions of NML in the Express, Mail, and Star today.

takahe...I'm only going by Diggers morning post on the traders thread...it is normally acurate....
'PRESS COMMENT
FT
THE LEX COLUMN comments on Olympics (claims that the Olympics will help regenerate east London must be treated with caution), SHELL/Gazprom, General Motors/VW, ABN Amro - SOMERFIELD (look expensive given the risks; as for a possible offer at 205 pence, shareholders would be so lucky) - GREENE KING (better value elsewhere)
Mail
REGUS (revived gossip of a private equity bid approach at 120 pence a share)
Express
WHITE NILE (talk that a deal could be announced next week) - SHARE WHISPER: NEW MILLENNIUM RESOURCES (bullish update; traders expect more good news in the next few weeks relating to diamond production at its "jewel in the crown" prospect in Angola) - WHO'S DEALING: ENTERTAINMENT RIGHTS (boardroom buying)
Times
RUMOUR OF THE DAY: PHS GROUP (talk that an offer in the 113 pence to 115 pence range could come as soon as today) - DIRECTORS' DEALINGS: TRL ELECTRONICS (chairman sells stock for 252,000 stg) - TEMPUS: AMVESCAP (readers who bought into the stock at the start of the year - Amvescap was one of our Tempus Ten - might consider taking some profit), GREENE KING (hold), GALLIFORD TRY (buy)
Telegraph
QUESTOR: GREENE KING (hold), JOHN WOOD GROUP (still worth holding), WSP (still worth holding if you have a few already)
Guardian
HENDERSON GROUP (traders take the view it could be the next in the sector on the receiving end of a bid) - TOTTENHAM HOTSPUR (whispers that chairman had received and rejected an unsolicited offer for his holding)
Independent
THE INVESTMENT COLUMN: UMBRO (worthy hold), JOHN WOOD GROUP (worthy hold), MARSHALLS (worth holding) - SCOTTISH & NEWCASTLE (Carlsberg tipped as a bidder, but so is private equity) '

I saw that. I thought "Jewel in the Ground" more like at present.

Oh well - new collar for Xmas, that's what I say.

sd

Gary has been successful in getting a bit of coverage in various papers today.
Dreadful day for Londoners, though..poor souls

takahe,

A very sad day indeed for all those killed and injured.

I was going to the diamond ex in the Natural History Museum tomorrow, now they're not sure if they will open!

takahe,

http://www.nhm.ac.uk/diamonds/viplounge.html

Clicking on each thumbnail will enlarge it, they are superb!

Thanks, Andy..I had forgotten about that with being away on holiday.
Will have a look.

takahe,

Well I travelled in, and it's closed!

And that's despite them saying it would be open late yesterday afternoon.

And the Victoria and Albert Museum across the road is open!

Very disappointed!

Just had a look..fabulous!
Thanks, Andy

takahe,

My pleasure.

The orange flame is my favourite.

I was so looking forward to seeing the exhibition, I bought the last but one ticket available for today too!


nice tick up on NML this morning!

Yes..some good sized trades going through. One for 550K and another for 250K just appeared. What does L mean?

takahe,

That's a late trade, and as it's reported late, it's possible that it's the opposite of what it seems if the price has been volatile.