Iron ore, ilmenite, titanium sponge - not the latest special offers from Tesco but the range of interests that the Peter Hambro Mining offshoot, Aricom, has up its sleeve. Revenue generation is not far away and the potential seems to be limitless.

or even piece of good news!

TIO, rechristened as ORE but perhaps would be better as ORG ..... the build up is quite slow and gentle, but when it finally comes it could all explode ..... well the thoughts nice anyway - lol!

shall not pursue the above word game, but in all seriousness, do not forget this little (i think) gem ..... sp is on the move this morning, perhaps because others are waking up to the fact that ORE could make a tasty morsel for a larger fish

Maybe:
"Aricom plc (LSE:ORE, OREW), the Anglo-Russian developer of mineral resources,
advises that it will be announcing its Final Results for the year ended 31
December 2007 on Thursday 21 February 2008."
Still on my watchlist, but not convinced yet that it is going places.

at least the company has good parentage, which is more than can be said for many other producers in those regions!

For what it's worth I do believe that ORE is going places - right place and right time (China & Russia) IMO.

apart from the old queen (long may she reign!), i do hope that some of you other guys paid attention and have got on board

read this little piece as you will ..... are ORE looking to buy or sell? ..... odds are surely on the latter, but certainly no certainty!


Russian iron ore firm Aricom Plc is holding discussions about possible merger or acquisition opportunities, the chief executive said on Thursday.
"We're speaking to people about possible options for us and we are keeping our cards pretty close to our chest, but there are some interesting opportunities," Jay Hambro told Reuters in an interview.

So, buy on rumour, sell on fact?

demand and price of iron ore is flying-a good one to hold I think. I sold FXP and WSM far too early so I intend to hang in here! much better day all round for me today which has cheered me up considerably!

too early to know harry .... have been a fan of this stock for a little while and shall stay put .... if there is bid in the offing, and i think there is a reasonable possibility, then surely (no logic!) it will be significantly above even present level?

Making money :-)

Aricom, the Anglo-Russian miner, reported its maiden profit in 2007 and added it is on course to start production at the Kuranakh mine in the first half of 2008. The group's net profit reached 0.1 mln usd in 2007, turning around from a loss of 2.6 mln usd previously, after booking revenues of 4.9 mln usd.

Fundraising efforts generated gross proceeds of 640 mln usd, added Aricom, which moved to the FTSE 250 index from the Alternative Investment Market during the year. Cash and short-term investments at year-end jumped to 498 mln usd from 90 mln usd.

The group reaffirmed its belief that it will begin producing saleable concentrate at the Kuranakh site in the first half. Kuranakh will produce titanomagnetite starting June, reaching around 225,000 tonnes in the year. Mining process has already started at Kuranakh, with 83,000 tonnes of materials moved in 2007. Ilmenite sales will also start in October and will total 36,000 tonnes for the year, the company said.

a certain member here has rechristened ORE (formerly TIO) as ORG, so to continue that little tasteful joke, with sp getting aroused once more, perhaps time to take advantage and dip in again!

wish i could read! previous post deleted on grounds of stupidity

Wrong thread robertalexander.....check out ORE !.

Wow, limitless potential, queen1 (you mentioned above)

don't gloat! ..... Aricom certainly looked a very good company and probably still is .... sp is currently tainted by plummeting commnodity prices, though not iron ore i think, and also the fact that the company is based in russia and is the "child" of POG which has taken an absolute pasting of late.

How very observant hlyeo98. It must have taken you forever in the current markets to find a company with a plummeting share price.