take a look at gma rns out today

seems undervalued to me compared to the other small goldminers, this could soar imo dyor of course

starting to move up nicely...

Indeed it is. Just the beginning too.

just the beginning indeed!

Exploration results any time now. I bet they're interesting.

Low grade rubbish found imho.
Wouldnt touch them with a barge pole

mine still struggling, so assume production still around 2000oz/mth which wouldn't be profitable so I am out

Not Good.

Well I opted into these earlier today. Didnt get the whole 140% rise but didnt do to bad. Could be a very nice opportunity here for a day trade or two!!

Should be interesting tomorrow.

I still hold as of this afternoon (Stop loss adjusted to assure profit)

Off its highs now.

Just started to buy again.

15:53 GMA Resources PLC - Stmnt re Share Price Movement RNS
RNS Number : 7969C
GMA Resources PLC
04 May 2012

AIM: GMA
4 May 2012




GMA Resources plc

("GMA" or the "Company")



Statement Re. Share Price Movement



The board of directors of GMA note the recent movement in the Company's share price and confirms that it knows of no reason for this movement.



In the announcement issued on 17 April 2012, the Company stated that as of 31 March 2012, the Company had £63,000 of cash. The Company is continuing to evaluate several acquisition opportunities but has not signed heads of terms with any party. The Directors are continuing to seek to conserve cash as long as possible, but if the Board is unable to agree on a suitable acquisition in the short term, the Board will seek to place the Company in the hands of the Administrators to complete an orderly winding up of the Company before the Company exhausts its cash reserves.



As announced on 25 January 2012, the Company currently has 618,002,894 Ordinary Shares in issue and there is, in aggregate, £5.5 million of unsecured convertible loan stock which, together with accrued interest, is repayable in full on 31 December 2012, if not converted before that date. Conversion is at the option of the holder at any time prior to 31 December 2012. The conversion price on the loan notes is between 2.25p and 5p.



A further announcement will be made in due course.



Enquiries:



GMA Resources Plc


Ken Crichton
+20 (0)10766 6118

Merchant Securities Limited
David Worlidge/Virginia Bull
+44 (0) 20 7628 2200

What did I do after reading about the forthcoming consolidation - SOLD - what happened then - they almost trebled from what I purchased them for - Holy cow I cannot get anything right. The name of the game, think I should retire from all of this haha!!