Sharesmagazine
 Home   Log In   Register   Our Services   My Account   Contact   Help 
 Stockwatch   Level 2   Portfolio   Charts   Share Price   Awards   Market Scan   Videos   Broker Notes   Director Deals   Traders' Room 
 Funds   Trades   Terminal   Alerts   Heatmaps   News   Indices   Forward Diary   Forex Prices   Shares Magazine   Investors' Room 
 CFDs   Shares   SIPPs   ISAs   Forex   ETFs   Comparison Tables   Spread Betting 
You are NOT currently logged in
 
Register now or login to post to this thread.

Braemore Resources Uses Cutting Edge Technology (BRR)     

halifax - 17 Apr 2008 17:21 - 579 of 810

Pretty sudden departure of the CEO no reason given?

micky468 - 17 Apr 2008 17:28 - 580 of 810

good buying opp tomorrow sp will drop !!!!!!!!!

oilyrag - 22 Apr 2008 09:17 - 581 of 810

09.13.36 and 10 seconds later a load of stop losses triggered by mm's. When will people learn that if they want to keep a sound investment, then don't set them.

It just makes it easy for mm's to make money by forcing sp down, for cheap shares.

halifax - 22 Apr 2008 09:28 - 582 of 810

Why did the CEO quit?

niceonecyril - 22 Apr 2008 10:24 - 583 of 810

Well i bought some at 9.7p, seems to be the support level. If they dropp further i will consider buying more. Whatever, these latest are for my bottom draw, probably
2010/11 before the real potential of this company is realised. So anything above 12.5p then will beat any saving's plan.
cyril

canada1 - 24 Apr 2008 16:07 - 584 of 810

8.32p to buy, many thanks to proactiveinvestors, I've stopped my subscription.

niceonecyril - 24 Apr 2008 17:39 - 585 of 810

P/active imo give solid information on known facts which may be missed by the ordinary investor, its for us to decide what to do with it and when to invest?This company must be judged on a 2/3 year time frame.
Still if your down on your investment it sometimes hard to swallow, so think of it as a long term investment and if possible top up on dips, thats my plan.
lol
cyril

halifax - 24 Apr 2008 18:13 - 586 of 810

In the meantime what is happening to the company after the sudden departure of the CEO? It is all very well saying sit on your hands and do nothing but for all shareholders know things may be going from bad to worse. It appears from the daily trades BRR sp is being "walked down" by the MM's.

mitzy - 24 Apr 2008 20:27 - 587 of 810

Could fall to 5/6p now that would be interesting.

stockdog - 24 Apr 2008 20:34 - 588 of 810

Those 3 large "sells" late this afternoon may well have been delayed trades due to their size with the bargain struck earlier in the day when they would have been "buys". Don't see the price rising even by only 0.15p net on the day, if they were sells. So someone love's us.

Mind you chart still looks awful - need to get back above 10.25p and climbing - and the disappearing CEO is indeed leaving sentiment vulnerable (except those large buys, presumably in the know). Chairman said search for his replacement was at an "advanced stage" - so I guess it was not a surprise to him, so why did he leave so suddenly without a replacement - couldn't wait to go, or wasn't allowed to stay?

moneyplus - 24 Apr 2008 20:38 - 589 of 810

I cut my losses a while back but I'm now getting interested again. The technology hasn't changed and it only needs a big miner to get more involved for the sp to rise again. The CEO could well have been too bullish in his announcements as he left after falling out with the board--so it's said on the other side.

moneyplus - 24 Apr 2008 20:41 - 590 of 810

Also worth noting that the temps running the co. were the previous people in charge so they are not novices.

niceonecyril - 24 Apr 2008 21:41 - 591 of 810

I suggest rereading some of the articles in the lead post, 96% nickel from the tailings also producing Platinium so plenty of progress to justify a higher SP. A bit of news and we're off again,i'm happy to wait it out and "if" we do drop further will add to my holdings.
cyril

notlob - 25 Apr 2008 10:48 - 592 of 810

I would have thought they need to raise a massive amount of funds to progress both the platinum project and the Nickel project, tricky for a small cap to do at the best of times, but right now?
That could lead BRR to be a take-out target, but with Atomaer holding a controlling stake, that option is dead in the water.
Tricky to see where they go from here, lot of potential but not the wherewithall to do much about that potential. They need a partner with deep pockets, imo.

oilyrag - 25 Apr 2008 10:57 - 593 of 810

BHP are a potential partner in OZ.

niceonecyril - 25 Apr 2008 11:13 - 594 of 810

Check out the mineweb article in the header, ref to monies and listing on the Johannesberg S/Exchange.
However we don't have to raise money at the moment, as we have projects that attract people automatically.
cyril

notlob - 25 Apr 2008 13:37 - 595 of 810

read the article, thanks, noc
this bit caught my eye

'Russell said the commercialised Mintek technology used in the new smelters would cut capital and operating costs significantly and improve PGM recovery. A 10MW smelter requires investment of $80m'

So they need 40m, which seems a tall order right now?
Not sure how having 'projects that attract people automatically' helps on the finances, unless they come with wheelbarrows full of the folding stuff?!

halifax - 25 Apr 2008 13:47 - 596 of 810

Thought they are using somebody elses furnace at the moment?

notlob - 25 Apr 2008 14:09 - 597 of 810

they are using Mintek's pilot scale furnace at the mo, halifax, as far as I am aware.

niceonecyril - 25 Apr 2008 14:12 - 598 of 810

No they have exclusive rights to Con-Roast, but its there own furnace which is stuated in a residental area with no problems, hence the green label.
N/Lob the idea is for those who wish to take advantage of the system once
up and running,is to put up finance in order to reserve an option.
Look i've put in the header as much info as possible, in fact 7 sites which help build up the potental of this company.
I see we're recovering some of our lost ground, back up to 9.5p.
cyril
Register now or login to post to this thread.