african minerals appears to be upping its stake - possible takeover / offer?

i note your useful comment blanche, but meanwhile interest in this stock has faded away and it continues to drift south ..... i am now nicely in money, and i may heed your advice to bank a(nother) nice profit, say before w/e .... certainly i need to remind myself that shares are for making money and that it is all too easy to blow profits, even with sensible stops in place

i heeded your advice and obeyed my own discipline .... i can now watch and wait with total equanimity :-)

Gonna be another Sharp rise in the sp any day now. Don't miss out.

perhaps .... i've certainly done well of late, purely riding the momentum

a very unexciting update ..... am sorely tempted to short again

and so i did, later that day at 28.75, though relatively modestly ..... yes, i know i kept that one quiet as i was unsure whether or not it was a smart move

Good job magicjo not about.......... oh dear.,.

did i miss the sharp rise?

post 393 :-))

i have no need .... i own up to mistakes, and assuredly this was not one - read 392

I'm only joking but it could be read that you were thinking of shorting (post 392).
Then post (393) some three days later if you shorted later that day, your post states you indeed shorted . The day of this post the share happens to lets say crash after the three days before were fairly modest falls. It can be read this way, not that I am reading it that way. In other words not to be picked up about it, would be best would it not, to post ones actions not three days later?

Steady DC you'll start him off on one...... ;)

Very fair what I have written . Put it another way - An oil company is a few days away from TD. I come on the thread and say I might come in on this one. Three days later no oil found, the share crashes. Then when I'm asked, I say no did not come in in the end.
Then the same again on another oil company near to TD. I write I may come in on this one. A few days later they announce millions barrels of oil found, the share races north. I then write on the thread I was in. How long can I do this before questions are asked. lol

it's ok DC .... obviously a bit tetchy yesterday :-)
you're right, and it is very rare for me to post like that after the event, but i was just (too) pleased with myself for having made another correct call

Lets forget, fine with me. :-))

And talking about porkies, there was a few strange exchanges over here on the past
So if one wants to be taking seriously
-cynic - You better put your house in order, unless you want to be tested once again

After all past post questioning your trades seem very reasonable, as the reporting was after the movement has occurred to your benefit. People can put 2 & 2 together without having to go to high school.

best wishes
menorca1

magicjoe - 25 Jan 2013 09:44 - 313 of 402

re - hindsight is wonderful stuff

It all comes to the word LIAR
and you belong to this category ...... cos you say it well after it happens ( better when the share price is well up - I cought you with examples several times)

I do say it at the time and give the reason for.
That is it as clear as the water from the RED sea

edit more ............

cielo - 14 Feb 2011 10:54 - 67 of 409
BIG WANKER ( B~stard ) done it again below.... yesterday

every time a share price rise ..... bought yesterday, no honesty and decency is what you have not got, if you want to tell us you bought say it at the time otherwise keep it for yourself .....

cynic - 02 Feb 2011 10:56 - 60 of 66
glad i bought back in yesterday - provable if the wankers start questioning my honesty again! .....

i have no idea who menorca is, but of course if he had followed down, he would also have read my "mea culpa" that followed

bugger! ..... just closed short position at a touch above b/e ..... could have bought back at 23.50 this morning (boo hoo) but for no obvious reason sp has been creeping up all day .... no obvious reason and not even huge volume, but not worth the risk of it all going pear-shaped

Mining Sector: Mwana Africa up after 30% rise in JORC gold resource

Shares in Mwana Africa (LON:MWA) rose after it revealed its JORC-compliant gold resource had increased to 2.6Moz, up 30% from January.

The calculation was based on a cut-off grade of 0.5 g/t, and included a maiden resource of 442,903 oz at the Lelumodi discovery.

At the Zani-Kodo project, the main indicated gold resource had increased 22% to 547,838 oz. There, the main inferred gold resources rose 8% to 1,023,292 oz, at an average grade of 3.51 g/t

"Metallurgical test work and preliminary mine design studies continue in parallel with ongoing drilling to define additional mineral resource at Lelumodi and the Kodo area," the company said.

The sector's biggest risers were Baobab Resources (LON:BAO) and Noventa (LON:NVTA) - up by more than 18% and over 12% respectively.

The biggest fallers were Landore Resourvces (LON:LND), Bischi Mining (LON:BISI) and GMA Resources (LON:GMA) - all down by more than 8% in late afternoon trading.

BAO 29.38 +5.75

Cashed Up And Building Resources: Baobab Is Now On The Cusp Of Delivering Proof Of Concept At The Tete Pig Iron Project
26th Feb

http://www.directorstalk.com/cashed-up-and-building-resources-baobab-is-now-on-the-cusp-of-delivering-proof-of-concept-at-the-tete-pig-iron-project/