http://clients.westminster-digital.co.uk/minesite/microsite/events/50/video/index.aspx?companyId=50_1
=">http://www.proactiveinvestors.co.uk/pdf/brr.pdf
http://www.mineweb.com/mineweb/view/mineweb/en/page35?oid=39359&sn=Detail
www.braemoreresources.com
http://www.investegate.co.uk/Article.aspx?id=200711010702217873G



Powered by IST's


http://www.fsponline-recommends.co.uk/page.aspx?u=rhpsl1007&tc=ERHPCB02&PresentationsID=21147065172&
http://www.proactiveinvestors.co.uk/audio/img src="http://charts.moneyam.com/Chart.aspx?Provider=EODIntra&Code=BRR&Size=460&Skin=BlackBlue&Type=2&Scale=0&Span=YEAR1&MA=&EMA=25;50;200;&OVER=&IND=&XCycle=&XFormat=&Layout=2Line;Default;Price;HisDate&SV=0">

http://www.resourceinvestor.com/pebble.asp?relid=38513
http://www.proactiveinvestors.co.uk/articles/art.php?BRR2
cyril

Thanks Toya, nothing wrong with a bit of O/T banter though .
cyril

Braemore signs Heads of Agreement with Pan Palladium

Braemore (AIM: BRR) announces that it has signed a legally binding Heads of
Agreement (the 'Agreement') with Pan Palladium Ltd (ASX: PPD) in which they will
seek to enter into an agreement to form a joint venture for the evaluation and,
if feasible, the development and mining of the Grass Valley Platreef Project.

For full details:
BRR signs Heads of Agreemnet with Pan Palladium

Good morning Toya
Surperb news.
cyril

Morning Cyril. Yes: we'd heard about the MOU a short while ago, so guess it's finalised more quickly than I'd expected. Not sure it's going to do much to the sp in the short term - need some firm news re BLT for that.

Actually - looks like the sp could move today after all. Happy if it does!

I think a lot will depend on how the market reacts overall today,looks a bit shakey
out their?
cyril

Think you're right, Cyril.

morning toya/cyril imo we could do with bhp signing the jv for 50% with brr think that would make the sp rise

in these unstable times, just be thankful that sp is staying steady to firm

Not looking good today.

What is?

Looks like we could be heading for the 16p mark as PTH had (so optimistically!) pointed out in his colourful graph - see posting No. 319 above. That could be a good price at which to buy, unless it continues past that, in which case it could fall to the 150 dma at around 13p??

Credit to PTH at the time I nver thought 18p but he was right.

could be heading for 15/16 which would be a great price to t/u imo the markets are in for a big correction and there could be a lot of bargain hunting to be had.

why? .... you actually need to enquire as to why sp is dropping ...... just possibly AGM on 28th will throw some light - e.g. at what price for nickel does this magic process cease to be seriously profitable

just for ref, spot nickel is $25650 which is as low as it has been for the last year .... high was about $55000

however, though the current price is (relatively) low and physical stocks quite high, there are some schools who hold that stainless steel production will pick up again in the new year, dragging the nickel price with it.

now go to RIO thread and read Lehman's report and prognosis for significant increase in iron ore prices ...... this would not happen if there was not significant increased demand; hence the link with nickel

anyone going to the AGM on 28th?
will be interesting to see what might be said about nickel price and profitability

Had a nice little top at the low of the day, these are down 20% in less than a week.
cyril

i am unlikely to buy more and certainly not until i can find out the correlation between BRR's profitability and the underlying price of nickel

Its just the shear potential of this company that has driven the SP to the record
highs and a correction was always on the cards. However i think a contract with
BHP will send it into orbit and that could be anyday?
Not able to make the agm, but i've a feeling this will be well attended. I look forward to the views of those who are able attend.
cyril