he bought 500k this morning expect it to be in his diary this week watch it go
he was into CHP recently and that doubled ....

from uk-analyst today

News of a gold find helped to take the shares of East Mediterranean Resources 1.875p higher to 13.375p. The company announced that assays from stream sediment sampling at its 100%-owned Zlatniky prospect had identified the Stara Hora area as being highly anomalous in gold. The Zlatniky licence area is located in western Slovakiam where the exploration objective is to discover the bedrock source of gold mined historically from paleo-placers. Assays have now been received from a first-pass surface geochemical survey over three areas within the potential provenance of the alluvial gold. These areas all contain indications of gold mineralisation recorded by previous explorers.

see the pump and dump thread

Amities R. {aldwick } ...You raise a moot point Roly. But nots let forget Simon didnt merely tip KYS: he wanted to chairman the board . And in fact did so until he contravened fiscal law and bought stock during a "closed period" { blamed his broker ,of course } ln addition he tipped his father in law, a Crown court judge, to buy a shed full . Considering how close to the wind this man sails the judiciary are the very last people of whom he could wish to fall foul ....As for flatlining My very fave share-JKX-stood at 42/44p for an eternity yet 18 months later they are trading in the 340/370 parameter. ......Gimme oil and gimme gold . !! ,,@+ J

No mention in evils diary today.

cheers GF.

do you think he's still in ?

Who knows gordon. He made no mention of the buy in his diary.

MS

This is one the move. EK's just bought another 400K. More of a long termer but looking good.

MS

EMED Mining Public Limited
17 January 2007

AIM: EMED


17 January 2006

INCREASED POTENTIAL FOR MAJOR DISCOVERY IN SLOVAKIA



For images associated with this announcement, please click on the following
link:


http://www.rns-pdf.londonstockexchange.com/rns/6341p_-2007-1-16.pdf


Highlights

Follow-up drilling has increased the potential for major gold discovery at
the Biely Vrch Prospect in the Detva Licence:
Drilling near the discovery drillhole DVE1 (108m at 1.3g/t gold) has
intercepted 0.5g/t gold over the entire 220m of drillhole DVE3 and 1.2g/t
gold over the entire 252m of drillhole DVE4, including 97m at 1.8g/t gold
from 155m downhole to the end of the hole. Both drillholes were mineralised
from surface and terminated in gold mineralisation.
Potentially intense gold-rich porphyry copper style mineralisation at
depth is indicated by
Gold grades in drillholes DVE1 and DVE4 both increased with depth
towards an Induced Polarisation ('IP') anomaly that may be related to
the core of a porphyry system; and
Mineralogical study indicates a typical association of gold
mineralisation with quartz sulphide stockwork veining containing
localised magnetite, chalcopyrite and sulphosalts.

EMED Mining Public Limited ('EMED Mining') announces further encouraging drill
results at its Biely Vrch Prospect in the Detva licence in central Slovakia.

Drillhole DVE3 was collared 50m to the south of DVE1 and was drilled to the east
at 60 degrees declination to test the immediate southern extensions of the
promising gold mineralisation in DVE1. DVE3 was mineralised throughout and
assays averaged 0.5g/t gold to 220m. However, gold and sulphide content weakens
at depth away from the prospective IP anomaly to the west.

The collar of DVE4 is located 120m east of DVE1 and is angled as a 'scissor'
drillhole at 60 degrees declination to the west. DVE4 was designed to cut across
the northeast trending mineralised zone defined in the three other holes and by
surface geochemistry. The secondary objective of DVE4 was to test the western
extensions of the mineralised zone towards a strong IP anomaly at depth as shown
in the cross section below.

DVE4 was also mineralised throughout and assays averaged 1.2g/t gold to 252m,
including an excellent intersection of 97m of 1.8g/t gold beneath DVE1. These
assay results show increasing grades within the more intense IP chargeability
target plus localised chalcopyrite mineralisation.

In summary, preliminary drilling of this grassroots discovery has confirmed
consistent gold over minimum dimensions of 250m north-south, 125m east-west and
down to at least to 200m depth. Gold grades increase steadily below 75m depth
towards a large inferred sulphide-rich ore system indicated by geophysics. All
holes have terminated in mineralisation with the deeper holes at the maximum
capacity of the diamond drill rig then being used. The low base metal and
sulphur values recorded in the earlier holes indicate that the current drilling
is peripheral to the inferred intrusive porphyry mineralisation source.

There is clear potential for a large, bulk-tonnage +1 million ounce target at
this prospect which is focussed on a small hill surrounded by low magnetic
terrain along a major northeast-trending regional fault system. The geochemical
anomaly highlighted a zone at surface of approximately 500m by 200m and the
targeted depth has now been established by drilling to exceed 200m. The
mineralisation appears localised in a steep westerly dipping, multi-stage,
quartz-sulphide vein stockwork in weakly silicified, strongly clay and pyrite
altered andesite indicative of the upper levels of a stratovolcano above a major
porphyry copper deposit.

EMED Mining's recent IP survey shows the presence of a large chargeability
anomaly immediately to the west of the current drilling and at depths between
50m to 150m. The anomaly is presumed to relate to a more extensive intrusive
hosted gold-copper system at depth which will also be the target of planned
deeper drilling in 2007.

Drilling will restart on this exciting prospect as soon as weather permits.
Exploration aims to test the overall strike extent of the shallow mineralisation
and particularly to evaluate the extensive stockwork system at depth and to the
west associated with strong IP anomalism. Given that grades are increasing
strongly towards the base of drillholes DVE1 and DVE4, there may be a structural
focus at depth to mineralised veins where a high-grade bonanza gold deposit
could be expected.

For cross section image of Biely Vrch Prospect, please click on the following
link:



The current exploration program for Biely Vrch includes:

Assaying for base metals;

Further mineralogical analysis which has helped to define the
gold-pyrite-chalcopyrite association within multi-generation narrow quartz veins
in this porphyry-type system; and

Interpretation of geophysical surveys to optimise targets at depth for
the next stage of drilling.

The 200 square kilometre Detva licence area is located in central Slovakia,
about 25 km to the east of the major silver mining centre of Stiavnica-Hodrusa
also held under license by EMED. The geology consists of a caldera-graben
complex in the centre of a large stratovolcano, with widespread propylitic,
silic and localised advanced argillic alteration indicating substantial
high-level hydrothermal activity typically associated epithermal deposits and
the upper levels of porphyry copper deposits in this district. This geological
setting is considered analogous to of the Stiavnica-Hodrusa mineral field and is
considered to be a classic geological setting for the formation of large
porphyry and epithermal gold orebodies.



-Ends-

Enquiries


EMED Mining Nabarro Wells Parkgreen Communications
Harry Anagnostaras-Adams Richard Swindells Clare Irvine
+357 9945 7843 or +44 20 7710 7400 +44 20 7851 7480

+61 412 369 710

www.emed-resources.com



www.emed.tv






References in this announcement to exploration results and potential have been
approved for release by Mr Ron Cunneen, B.Sc. (Honours). Mr Cunneen is Head of
Exploration for EMED Mining and has more than 20 years' relevant experience in
the field of activity concerned. He is a member of The Australian Institute of
Geoscientists ('AIG') and has consented to the inclusion of the material in the
form and context in which it appears.







Notes to Editors: About EMED Mining Public Limited



EMED listed on AIM in May 2005 following an initial public offering of its
shares. The company is headquartered in Cyprus and has a strong commitment to
responsible development in the region.

The Group's region of interest is the Mesozoic to Tertiary age tectonic belt
that winds over 3,000km from Eastern Europe to Iran. The strategy is to evaluate
exploration and development opportunities in several jurisdictions throughout
this quality mineral belt and to promote sustainable development practices
through implementation of EU and other leading-edge international standards.
EMED recently co-hosted with the Green Party of Cyprus an international
conference on Responsible Mining and Environmental Management. EMED has, from
the outset, strictly implemented its Environmental & Community Policy which
includes:

Integrating environmental management into our business, planning and
reporting processes.

Promoting a strong environmental ethic throughout the company and the
community.

Complying with, as a minimum, all applicable local and EU laws and
regulations.

Communicating with community stakeholders in a responsible and
transparent manner.

EMED has now established a strong position in the following zones within its
area of interest:

Cyprus/Middle East exploration is centred on the Troodos ophiolite
complex. The targeted mineralisation style is volcanic-hosted massive sulphide
copper deposits under shallow cover, similar to the larger Cyprus copper mines -
three of which exceeded 10 million tonnes of ore, at grades between 1% and 4.5%.
EMED is completing a preliminary feasibility study on mining copper-zinc
resources in the Klirou District and 7 target areas are being explored for
additional mineable deposits.

Slovakia/Eastern Europe exploration areas are centred on a cluster of
volcanic centres in Slovakia and Romania. Low-detection geochemical methods are
being applied to these areas for the first time together with open pit bulk
mining concepts. The targeted mineralisation styles are high-grade epithermal
gold, or bulk-mineable epithermal gold and porphyry copper-gold. The company
announced on 23 October 2006 a gold discovery at Biely Vrch in Slovakia.

Georgia/Caucasus exploration areas form a cluster of gold prospects
centred in Georgia. EMED Mining's main prospects are within the Upper Racha
Licence with reserves and resources (Russian classification) of 2.4 million
ounces of gold. A progress report will issue shortly to report the recently
received assays on approximately 900 samples from the Company's first field
program, and.

Turkey/Bulgaria exploration areas were vended into 39% owned KEFI
Minerals Plc which was admitted to AIM in December 2006. KEFI is owns two
clusters of tenements in Turkey and the Lehovo tenement in Bulgaria, as well as
an extensive database of regional exploration data providing a pipeline of
further projects.



For further information on the Company's activities, visit
www.emed-mining.com

or
www.emed.tv



This information is provided by RNS
The company news service from the London Stock Exchange

http://www.moneyam.com/InvestorsRoom/posts.php?tid=10949#lastreadHe is also into this one, another Gold miner.

If Cawky`s gone long go short you can`t go wrong.

Not on this one porky, but take your point. Top class management running this one but won't happen for a few months.

LOL
MS

Up another 8+% today.

MS

Mickeyskint.
Would just like to say I have joined the club on this one after yesterdays news about the proposed purchase of the Spanish copper project that is on care and maintenance at the moment.
Paul Curtiss has increased his holding substantially.
The outlook is very positive, and if it all comes together as planned this will be muti bagger no doubt.
Regards.
Pip.

I know nothing about the stock, but it has at least posted a decent rise today: EMED Bid: 14.25p Offer: 14.5p Change: 1.5

This is really steaming ahead today. Let's hope it can retain it's gains. I think this is a long term investment and if you are patient you will be rewarded I'm sure.

LOL

MS

t1ps now think they are worth 79p...........

11th May 2007 Contact: Monisha Varadan
monisha@t1ps.com
0207 562 3370


EMED Mining Option over Spanish Project : target price increased from 27.75p to 79.4p - Buy at 13p


Key Data

EPIC EMED
Share Price
13p

Spread
12.5p 13.25p

Total no of shares
126 million

Market Cap
16.38 million pounds

12 Month Range
7.75p 12.75p

Market
AIM

Website
www.emed-mining.com

Sector
Resources

Contact
Harry Adams
00357 9945 7843


EMED Mining has today announced the acquisition of an option over a copper mine in Southern Spain which is expected to accelerate its transformation from an explorer to a producer. The mine is fully developed and operated for many years but is currently dormant. So this deal will, by resurrecting the mine, bring much needed jobs to the area and hence should have strong local and regulatory backing . Other recently permitted mines in this world-class Iberian Pyrite Belt include the nearby Inmets Las Cruces and Lundins Las Blancas mine and its Neves Corvo mine in Portugal.

From the investors perspective, this is a mine which could plausibly generate 33 million in free cashflow annually from mid 2008 onwards and hence it creates real value for EMED on a heavily risked basis we believe that this acquisition increases our valuation of the group from 25.5 million to 100.5 million. The Spanish deal is being partially funded by the issue of equity but even on the enlarged share capital our estimate of fair value rises from 27.75p to 79.4p and we reiterate our buy stance.

The deal announced today is that EMED has secured an exclusive option to acquire 100% of Proyecto de Rio Tinto (PRT) copper mine and processing plant in Spain. The price of that option is to fund care and maintenance on this dormant operation which will cost 1-2 million pounds. The PRT mine has the potential to complement and add value to EMEDs exploration asset growing portfolio and generate early cash flow as early as the second quarter of next year.

The exercise price of the option to acquire 100% of the PRT copper mine and processing plant site is capped at 75 million euro (approx. 50 million pounds) and covers the costs of restart and clean-out of the creditors of the vendors debts and obligations. The project, originally built and operated by Rio Tinto (RTZ) within the Iberian pyrite belt, is adjacent to the town of Rio Tinto, 65 kilometres northwest of Sevilla, in the Andalucian region in Spain. The PRT mine, currently operating on care and maintenance since 2000 due to then-prevailing low copper prices (below $US1/lb), comprises a complete set of mine and plant infrastructure, mineral rights within the main tenements and exploration assets. The plant was expanded in 1996 and had a peak throughput rate of 9Mtpa in 1998, with head grade 0.49-0.61% Cu and concentrate recovery of approximately 23% Cu.

It contains in-situ JORC-compliant Resources and Reserves copper exceeding 1 million tonnes (1.2Mt) and 300,000 tonnes (342Kt) respectively, based on 209 million tonnes at 0.57% copper resource and 53 million tonnes at 0.65% copper reserve, independently verified by AMC consultants. The company expects to increase reserves during 2007 by completing pit-design and optimisation studies.

The companys objective is to trigger its option to acquire 51% of PRT in the fourth quarter of 2007. That, and the costs of restarting the mine will cost EMED 18 million but the option will only be exercised after EMED is satisfied that its stipulated conditions precedent have been satisfied. The option to acquire the remaining 49% can be exercised in tranches of no less than 10% per annum, during the next four years at a cost of 35 million. In addition, the company expects to invest further capital in environmental improvements in this site which was mined for over a century and in expanding production and in restoring and rehabilitating the site.

The conditions precedent, include receipt of all regulatory approvals and the satisfaction of the company that all the vendors liabilities and contractual commitments to third parties have been settled . The various obligations are related to the ongoing care and maintenance funding over the past 6 years and from bankruptcy and litigation of related parties. Regulatory approvals from the regional Government of Andalucia, are linked to EMEDs consideration for undertaking responsibility for site restoration and rehabilitation, funding care and maintenance, and other social, environmental, technical and financial solutions. The completion of technical due diligence for planning the restart of the mine, processing plant as well as a fast track site restoration and on-going long term production plan, are part of the conditions precedent. The regional Government of Andalucia is very supportive of development and can be expected to support this transaction as long as EMED can clean up the baggage of the past bankruptcies. In this regard it is notable that the EMED Board includes not only a Managing Director with strong commercial experience but a Chairman who was previously head of investment banking at Rothschild.


After due diligence and other legal/technical advice from independent consultants AMC Consultants, Golders International, and legal advisers Baker McKenzie, Madrid, the company considers its feasible to restart production in the second quarter of 2008 at the initial rate of 27,000 tonnes per annum copper-in-concentrate. That would generate annual revenues in the order of 71 million pounds at copper price of $2.50/lb or 51million pounds at copper prices of $1.80/lb (current spot price of US$3.70 /lb). Plans to expand production over time to 40,000 tonnes copper in-concentrate throughout the site are also in the companys sights. Current operating costs are estimated to be $1.32/lb, or approximately 39 million pounds per annum at the initial production rate. At the initial production rate at a copper price of $1.80/ lb the free cashflow generated would be 13 million per annum. At $2.50/lb EBITDA would rise sharply to 33 million per annum. Of course, initially EMED would have the rights to only 51% of those cashflows but with such strong cashflows to borrow against it could easily gear up to buy out the minority shareholders at an accelerated rate.

EMED believes that the 18 million needed to exercise its option to buy 51% of the equity and to restart the mine and the 24 million it needs to expand output can be funded via a combination of project finance, pre-sales to customers and project cashflow.

To fund the option and to accelerate its exploration elsewhere in Southern Europe, EMED Mining has expanded its shareholder base through a 4 million placing, with the introduction of major mining company Gold Fields, project financiers Resource Capital Funds and Rand Merchant Bank, to its shareholder base. The 33.3 million new ordinary shares placing at an issue price of 12p, will raise 3.8 million net which will finance the initial due diligence and permitting phase at PRT (2.5 million) with the balance funding exploration expansion and advancement of projects in Slovakia and Cyprus.

Australias Oxiana has maintained its holding in EMED at 12% by supporting the placing but as a result of this offering of equity, Gold Fields now has a 10% stake, the management has 15% (27% fully-diluted) with financial institutions in Australia, UK and the USA holding 28%.

EMED has also announced that it intends to expand its current project operations, particularly at its recent gold discovery at Biely Vrch in Slovakia, where the company has applied for additional exploration license acreage. The company is currently drilling over 500 metres at Biely Vrch, with the best of only 5 drill holes to date assaying 1.2 g/t gold. Of significance, Gold Fields has being granted the first right of refusal if EMED Mining decides to joint venture its Slovakian interest within the next two years.

The progress made in Slovakia indicates that our existing valuation of EMED at 25.5 million was cautious. However it is the news from Spain which transforms the outlook for the company. Our valuation of PRT is based on copper prices of $2.50/lb which is well below the current price of $3.70/lb and our model is risk weighted to account for political uncertainties which may derail EMEDs plans as well as risks inherent in project financing such a large scheme. None the less we still value the PRT deal at 75 million and hence we are increasing our group valuation to 100.5 million or from 27.75p per share to 79.4p per share. The stance remains buy.

Bought a few bobs worth of these today.

Heres a fairly recent report from GCI.....

EMED funds expansion
Companies: EMED
11/05/2007
Copper and gold prospector EMED Mining has raised 4 million for exploration in Slovakia and a mine purchase in Spain.

Broker Fox-Davies Capital led the placing at 12p for AIM-quoted EMED, which wants to step up exploration at its recent gold discovery at Biely Vrch in Slovakia. Headed by Australian managing director Harry Anagnostaras-Adams, the company also wants to acquire Proyecto de Rio Tinto, a Spanish copper mine built by the Rio Tinto group, and to advance projects in Cyprus and Georgia.

Mineral group Oxiana Europe has maintained its 12 per cent EMED stake by subscribing to the placing, which was also taken up by a subsidiary of the Gold Fields group, institutions and EMED directors. At 13p, EMED shares value the company at 11.5 million.

Robert Tyerman

GF

I think you've made a good move but I still think it's a long termer.

Good luck to us all.

MS

Seems to be doing OK short term never mind long term Mickey..... NICE.

hi GF nice to see you on board this really has got some momentum