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.

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.

No news on HCEG goldfinger?


Why do you think this one keeps falling?

It keeps on falling for the Outsider's pleasure !!!!!!

Third Eye this is a very respectful site, I wish you would stop been cantankerous towards other posters....

Let me put it another way. Why are you ONLY interested in annoying Goldfinger Threads?

I do not see YOUR name in any other threads !!!!!

Ciao

you have such a thing called a squelch button at the top of the page just press it :-) easy really then you have no problems...

Mega...

What's happening to Incite at the moment - fall of 12p the last week on very little volume. Is this just MM's trying to panic investors because they can't get hold of any stock??

IDD is another one that seems to be heading south rather quickly. Do you still think there could be a rally when the results are out Goldfinger??

Thanks

Rich

Ciao I see you on almost every single Slater/goldfinger/Oliverleftwingtit/whitelion/Whitestrike thread.....now why would that be.......Oliver has been accused several times on ADVFN of using different usernames to support himself.....why would he do that do you think?

Hi RS, I D Data is up today isnt it, thought I had seen it tick up. There has been a good reason for I D Datas weakness over the past few weeks and it involves loan notes which were offered to institutions as a form of raising capital for I D D. 4 million were offered at 5.5p and pay 7% interest per annum. The market price of the share at the time was 3p on announcement. The problem has been that the shares raced ahead on news from the government and the Banks ( big customers)to just over 11p, the institutions profit starved for over three years in effect have said forget the 7% interest we will take over 100% capital return. They have therefore exchanged their loan notes for share and have sold them, taking the profits on offer. This has been going on for a few weeks now but looks to be abating. The good news for the company is two fold in that they have raised the extra working capital thet required and they nolonger have to sevice the interest payments on the loan notes sold.

Now Incite is a very interesting company, there has been a great deal of interest from institutions for their stock, in other words they cant get their hands on enough of it. A freind of mine on another site ( someone you may have heard of on SC)who is a very prominent trader as twiced been approached by her broker asking her if she wanted to sell large units at a premium to the market price. You can imagine her answers.

cheers GF.

Thirdeye,

I read your messages ...

Are you very sure that GF is Slater (of SC.com) ... HmHmHm Can you provide any proofs or is it onlu a haunch ... I mean on chatroom anyone can say anything

Thanks

ask him?
Arent you tired yet to say the same things over and over and over again
Instead to accuse people without foundation , get the facts correct.
I follow my trades and investments, if in my path I find GoldFinger, so what haw many others are there? Why pick on him?
Why dont you go and see if he is in FIB, CWV, RPP, VOD, TFC, PILK, OXB, KCOM stocks that I hold, never seen him in those !!!
JCR and CASH are mine only two that is present, and the way you went on deramping JCR of course I defend my holding
Once again you are WRONG . accusing without proof !!!!!
So my dear Third Eye Outsider Valueinvestor or whatever you cal yourself
LEAVE ME OUT OF IT and stop attacking people if they dont agree with you, this is not ADVFN

Ciao
I wont go any further with this argument, first is not fair on others posters, secondly I am here to read some very top quality posts
from intelligent persons, and there are many on this BB if you bother to have a look.

WELL SAID

Ciao,top of the page you will see a button called squelch.Press this and then type in the box provided the name of any poster who you find annoying. Press Squelch and Hey Presto,their gone.

thanks frozen and tobyjug

If he carryon I will do it, but sometime I preferred to ignore them .. unless I get accused of something that I am .
Have a nice w/e

Ciao

Well said Ciao, everyone who does the rounds on the BBs knows outsider as a spoiler and a de-ramper/ramper. I have squelched him and also reported him to management. This is an excelent site lets all pull together and keep it that way. I for one dot give a Jot what he says on other boards, but if people are attacked here on this site thats a different matter and he should be reported immediatley to management. The worst thing you could do is to get pulled into an argument with him. Look after yourselves.

cheers GF.

Ntk98...... Yes he has said in one of his threads that he is slater...so if he isn't then goldfinger would be lying wouldn't he?


Now negative questions aren't allowed in your threads or your called all names under the sun, I know, but can you tell me more about the warrant situation re: HCEG Golfinger?