wilbs
- 18 Apr 2005 10:17
seawallwalker
- 11 Jan 2006 14:03
- 30 of 109
db I had a few personal problems at the back end of the year all resloved now I hope, I have been keeping an eye, I thought this was a great prospect sleeper, and it seems I was right, (he says clutching his rabbits foot).
I am interested to see how far this goes.
Immediately, I am hoping for a double bag and then maybe I will trim a few off the top.
Stay well.
SWW
doughboy66
- 25 Jan 2006 11:12
- 31 of 109
Nice rise so far today seawallwalker,this surely has got the potential of Griffin Mining given todays RNS.
South China Resources PLC
25 January 2006
25th January 2006
South China Resources plc (AIM: SCR)
THREE SIGNIFICANT NEW DISCOVERIES AT DANFENG
Copper Ridge, an area of previously unknown Copper-Zinc-Silver-Molybdenum
mineralisation has been discovered approximately 600m SE of the main
Danfeng project and within the existing licence area.
The Company is particularly excited by this discovery as it may have a
significant impact upon the project economics of the proposed development
at Danfeng. Outcropping mineralisation at Copper Ridge has thus far been
mapped over a significant strike length. Two drill pads are currently under
construction with a view to testing the geometry of this mineralisation.
Outcropping mineralisation at Copper Ridge has been sampled and tested
at a local facility. Copper grades in excess of 3.2%, Zinc grades in excess
of 8.0%, Molybdenum grades in excess of 0.53% and silver grades in excess
of 23 g/pt have been returned.
In addition, the Company has also discovered a significant, potentially
high-grade Molybdenum-Lead,-Zinc-Silver mineralised aureole surrounding
the previously identified 6mt Copper, Molybdenum, Iron "core resource area"
the Company has focused its efforts on to date. This additional
mineralisation will now become part of the overall Danfeng target of the
first phase drilling programme.
Company geologists now believe that high-grade Molybdenite veins, such
as those observed in the Company's underground exploration adits beneath
Danfeng, may extend over a much larger area than first thought.
Detailed analysis of 3D geophysics has been completed by Southern
Geoscience Consultants of Western Australia and the high-tenor magnetic
response at Danfeng has now been mapped to a depth of over 500m. Historical
drilling terminated arbitrarily at 120m. Whilst the nature of these
geophysical anomalies is as yet unknown, the Company now intends to
undertake a phase of deep drilling to test for potentially significant
depth extensions to mineralisation at Danfeng.
poo bear
- 25 Jan 2006 12:09
- 32 of 109
db - yes it's going very well.
And yes, it is me.
sww
silvermede
- 21 Feb 2006 09:56
- 33 of 109
South China Resources PLC
21 February 2006
South China Resources Plc ('South China' or 'the Company')
Holding in Company
South China Resources was informed on the 17th February that JPMorgan Chase &
Co. ('JPMCC') has acquired an additional 12,962,963 Ordinary Shares in the
Company, through its subsidiary, JPMorgan Asset Management (UK) Limited which
increased its interest through the acquisition of shares during a placing. This
represents approximately 8.26% of the Company's issued share capital.
Following this transaction, JPMCC holds 21,922,963 Ordinary Shares in the
Company, representing approximately 13.96% of the Company's issued share
capital.
- Ends -
For further information, please contact:
South China Resources Parkgreen Communications
Alastair Clayton Cathy Malins / Annabel Leather
+44 20 7409 0890 +44 20 7493 3713
Larger Institution showing significant commitment in the future of these shares
silvermede
- 17 Mar 2006 12:26
- 34 of 109
SCR has picked up today, anyone know of any expected news??
silvermede
- 31 Mar 2006 10:38
- 35 of 109
Interim Statement today makes interesting reading as this company has significant potential upside in the Copper/Moly resource at the Danfeng Project and in negotiation to obtain other opportunities. 24 Hr drilling to establish the JORC resource. Situated in China as is GFM with a strong in-country team. Looking good.
WINSORSMYTHE
- 07 Apr 2006 09:15
- 36 of 109
Is there any relationship between GFM and SCR?
silvermede
- 07 Apr 2006 09:23
- 37 of 109
Not that I know of. It just struck me that they are in a similar situation, both exploration/mining companies actually in China and working closely with the Chinese. China is one of the factors that is driving the Resource Sector boom. I'm in GFM too and I believe it has great prospects. But WDIK. DYOR. :-)
kaysmart
- 07 Apr 2006 10:22
- 38 of 109
I got in after reading about this agreemnt - LANDMARK COOPERATIVE AGREEMENT SIGNED WITH CENTRAL GOVERNMENT MINERAL RESOURCES BUREAU.http://moneyam.uk-wire.com/cgi-bin/articles/200604050700300022B.html
I think this is an excellent agreement, it has certainly increased SCR's potential to discover precious metal many folds.
Some people may take this as a ramp but I honestly belive SCR will do what AEX has and is doing in the oil sector. With institutions buying into both companies I am happy to hold for longterm. Mining & oil is the sector to be IN for the next few years. Please DYOR.
lanayel
- 07 Apr 2006 11:18
- 39 of 109
http://uk.biz.yahoo.com/06042006/214/south-china-resources-rallies-isoft-sinks.html
The deal with the Xi'an Institute for Geology and Mineral Resources will cover 206.73km2 that includes the Lingkou copper-molybdenum region.
The Lingkou area comprises four separate coincident copper-molybdenum anomalies recently discovered by the Institute across the highly prospective belt.
"This is the first time a foreign mining company and the Chinese Central Government Geological Bureau have cooperated at this level," said managing director of South China Resources Steve Leithead.
"It establishes a unique platform from which South China Resources can establish itself as a leading foreign developer of base metals projects within China."
This could turn into something very special.
;o)
boxerdog
- 08 Apr 2006 14:55
- 40 of 109
Just been alerted to the potential in scr.I intend to do my own limited research before commiting.
If any-one has the time and inclination could they briefly give me their views
of its potential pros.cons etc., bullet points.
Having been quiet dependent on the prospects of KMR.for some time i feel the time is right to diversify into futher mining potential plays.
Any response is appreciated.
robertalexander
- 10 Apr 2006 09:14
- 41 of 109
anyone know if scr got tipped at the w/end. this is some run! when will the ride stop?
lanayel
- 10 Apr 2006 09:25
- 42 of 109
Hi Robert
No tips at the weekend AFAIAA.
Just solid buying.
Yet another record on the copper price has meant that investors are looking wherever possible for the next jewel in the sector.
Amongst the minnows this one stands out as one with great potential.
In theory there should be some profit taking at some stage - the problem is deciding whether it will be from this level or a far higher level.
It's a difficult call when you are trying to get in.
Ian
robertalexander
- 10 Apr 2006 09:54
- 43 of 109
sold 50% at 51.1% profit, not bad for 4 days work[ sounds better than it is, only had 1000 shares to begin with.] if sp drops low enuf will buy back in again. this is definitely one to watch long term IMHO
Alex
kaysmart
- 10 Apr 2006 11:54
- 44 of 109
Hi Robert,
There is no harm on taking some profit at that kind of margin, but I didn't have the guts to do that incase I could not buy it back. I expect it to be one of the best miners in China. I am holding for longterm and decided to top up again when it dropped a bit from 29p.
Have a look at GGG, another Chinese miners its going mad. There is an RNS out, people are realising that it would do the same as SCR. Both companies are good long term investment as China's economy grows IMO.
robertalexander
- 10 Apr 2006 13:18
- 45 of 109
Thanks Kay,
just saw GGG thread and was looking into it. I am in now. I believe it may be worth a punt alongside SCR.
Alex
kaysmart
- 11 Apr 2006 10:14
- 46 of 109
Another intersting link on the prospect of this company:
LONDON (ResourceInvestor.com) -- South China Resources [AIM:SCR] has been doing a great job so far in developing towards production its Danfeng copper-molybdenum project in Chinas Shaanxi province, but has now done a deal with the Xian Institute of Geology and Mineral Resources (XIGM) that as well as being the first of its kind, materially enhances SCRs investment proposition.
Cont: http://www.resourceinvestor.com/pebble.asp?relid=18660
WINSORSMYTHE
- 11 Apr 2006 11:15
- 47 of 109
Thanks Silvermeade. I'm in GFM too, since 2001. Thought then it was a good long termer. Agree SCR has similarities
new boy
- 11 Apr 2006 14:04
- 48 of 109
Scr down to day, to be expected really after the recent rises good long term propects
silvermede
- 06 Jun 2006 16:27
- 49 of 109
Nice tick up today in a sea of RED, any news expected??