Excellent speculative punt sub 10p.

Hopefully more than 30p as 30p was the valuation of the black angel project in jan when zinc prices were <$2000/tonne, now the zinc price has doubled+lead price also and more zinc found in the south lakes glacer i reckon 45p is a fair price target minimum. Also ausy projects look good

well lets wait and see shall we, Ive had fingers burnt too often on other stocks to get carried away, but it would be nice to get it right just the once !!

I went through the company overviews on Black Angel and various reports again today and it struck me. The values were based on Zinc at $1950 (Currently at $4,450)!
Noted above but didn't realise how large a difference.

The MM will not go past 21p anyone know why?
Sell at 20.88p and yet offer still 21p and they drop bid price!

massive share volume in agu lately, that zinc price at 1950 was when 83million shares were in issue now there are not 138million+13million options, share dilution... AGU intermim results out soon+news on drilling results.

the markets didnt take to well to agu resource update today even though they found 2 million tonnes of ore!

I can't see why the sp is still falling everything looks good unless it's the time scales putting people off?

I suppose it is the falling price of metals knocking all miners.

i am waiting for the full feasability study in the new year that should give a better idea of how much s the project is worth!

DYOR but worth a look. a speculative miner on the verge of announcing an updated report. Shit or bust this one

agu full year results out soon (end of week going on last years results) this share is so cheap with so much potential, could be another GFM, Lead and zinc prices at near highs, full year results might have more resources found.
Lead price has tripled since 1st feasiblilty report
DYOR.....
then just buy...

From UK-Analyst.com: Thursday 30th August 2007

Mining exploration company Angus and Ross* (AGU) reported full-year pre-tax losses of 4.4 million pounds for the year ended 28 February 2007, compared with 2.4 million last year, due to increased activities in Greenland and Brazil.
The company confirmed that it plans to seek a listing for its new holding company, St Andrews Mining Ltd, created for its Brazilian operations.
It added that it expects to be producing gold within the next twelve months from one of the new projects in Brazil.
The shares slipped 0.5p to 19p but on the back of the numbers GE&CR reiterated its "buy" stance and 46.7p target.

Comment from Luke Heron:

Not sure where a 35p target price comes from, it is hideously conservative. TW's 80p target is not pie in the sky stuff, it reflects the potential value of the parts assuming progress continues on the Black Angel and Brazil spin-out front

The recent drill update was largely missed by the market. This is madness as the results delivered so far this year have supported the 2006 JORC resource estimate of nearly 2 million tonnes of zinc-lead mineralisation at Black Angel. Ching ching

For whatever reason, A&R is valued (unfairly) poorly by the market

This is looking a little undervalued, zinc is now on the up, loads of assets...off topic has anyone noticed that the graph looks like a dodgy punk style hairdo !

Dropping like a stone.....the dodgy haircut is finished.... now doing the sideburns...at this rate...we shall soon be shaving !

Don't RAB still hold a lot of these? Perhaps better to stay on the sidelines here until they have finished their selling?

A bit too late for me...I'm afraid I'll have to stick this one out !

Crikey ! I forget to trim the ear hairs on the graph !

Good news today !

why is this being hammered month after month?