Ive always said I would not start looking at the Gold Explorers untill POG broke through $420, well its done that today and this company in my mind is the best potential producer around, and heres why.

MANAGEMENT

Has two experinced Managers in mining in Mark Parker and John Park, both have extensive exploration management in Africa in mining and have proved themselfs in the past selling out small mines to the big boys.

THE MINES

ZAMBIA.

Here the company as 5 potential Block busters but the REAL GEM of the company Sasere, known as EAGLE EYE is an old Gold mine but recent sampling shows that it could provide massive deposits of Copper and Gold.

These are the drilling results we are waiting for. Estimations are fantastic and we could see that the company is sitting on deposits worth many times over of the market cap of the company of circa 12.2 million.

MOZAMBIQUE

Three sites here and Nickel is the one they are looking for. Dont forget Nickel is the highest commodity riser after Gold and is hitting new highs.


TANZANIA

Big prospect here is Miyabi.

African Eagle are carrying out a joint venture with the giant Miner Gold Fields. Drilling results are to be given to Goldfields by 31/January this year.

If results are expected what the management of Goldfields want, African Eagle retain a 30% stake in one massive deposit.

This is an exciting investment but one that is HIGH RISK like any other gold explorer.

We should have news very early on two fronts.

If this news is positive we are looking at one hell of an investment.

Please Dyor and remember your buying and selling actions are in your own hands.

Cheers GF.

ps, up 19% today waiting for the results.

Should be getting the next results from the Mweze prospect by the end of next week, thoughts anyone? goal.

Should be getting the next results from the Mweze prospect by the end of next week, thoughts anyone? goal.

Any comments on the RNS ? The views on the ADVFN board are generally positive.

Moving up nice & steady.goal.

African Eagle Resources plc: Business description, financial summary, 3yr and interim financials, key statistics/ratios and historical ratio analysis.
Reuters Investment Profile, 11 pages, 06 October 2004, Price: 10.00


Anyone have a copy? Published on 6 Oct 2004

The Harmony / Gold Fields merger could be very interesting for AFE's shareholders

Why ?

http://news.ft.com/cms/s/5c410f94-2078-11d9-af19-00000e2511c8.html

From the FT for pasting if interested.

Still waiting for the results from the Mweze prospect.

AFE Webcast on T1ps today might be revealing

pls post whatever is said on T1ps. thanks

at last there appears to be something happening on this one...WEBCAST Tips says there are shedloads of rumours circulating that 4 mining companys are intereteseted in buying into Eagle Eye...followed by lots of buys this morning...fly fly fly eagle

piston I see you could be right. Buys are going through this morning and up about 10%, could be a blue eagle day and time to top up

where do I go to read this tips. or can someone send this to me pls.

xmortal....have sent to your personal box....sorry it took a few days..rgds

Back down again today. When will they give us some results??

thanks mwoolgar!!

mwoolgar,
can you send to my personal box as well please/ Thanks.

safiande...sorry have now deleted...hopefully xmortal can assist..rgds..

xmortal
Can you send me a copy of the T1ps transcript issued by
mwoolgar unless you have already deleted it.