driver
- 02 Mar 2006 15:23
driver
- 02 Nov 2007 14:54
- 764 of 934
Investor's Chronicle BUY Recommendation
VANE MINERALS (VML)
Created: 2 November 2007 Updated: 1 November 2007 Written by: Alastair Ford
On a 12-month view, in spite of some peaks and troughs along the way, VANE's share price has done very nicely. It's up more than 125 per cent on the 8.38p the shares were trading at this time last year. That should silence most, if not all, of the bulletin board doubters who have had plenty to say about the company since it floated in June 2004. Unfortunately for VANE, much of the criticism was justified as the growth strategy was not always clear, while the plan to support the company's exploration activities through cash flow from producing mines encountered a few hiccups.
In the last year, though, two things have changed. First, VANE was a relatively early starter in the uranium boom. Uranium prices have fallen since the really heady days earlier this year, but they are still strong, and VANE's varied uranium portfolio in the politically safe US underpins its share price nicely. Executive director Matthew Idiens would still like to see prices back at the $100 (48.50) per pound mark to make his projections for the company's small but numerous Arizona properties look really attractive. But, subject to the ultimate arbitration of the drill bit, VANE ought to turn a substantial dollar profit on several of those properties within the next few years. Mr Idiens calculates that each Arizona property could generate revenues of around $230m over the life of the project. Further down the line, there's also a more complex, but larger, uranium property in Idaho that may well add a great deal more value.
Second, the company's producing Diablito gold property in Mexico is finally beginning to come into its own. VANE has been mining gold in Mexico for a while, but previously had not been able to produce the finished article itself. To date, that's meant the company has been vulnerable to the demands of companies with the plant to process its ore. More to the point, its profit margins were never guaranteed. That problem has now been rectified, and Diablito is now throwing off $250,000 per month. Buy.
BULL POINTS:
Exploration backed by cashflow from producing mine
Low political risk
Experienced management
driver
- 13 Nov 2007 10:33
- 765 of 934
SEFTON RESOURCES (SER)
It's not to late to get on board with SER this will five bag + over the next few months Wells are being drilled as I write see latest Reports below target 30p +++ BUY
Hardman Report
http://www.capmarkets.com/ViewFile.asp?ID1=80607&ID2=184206601&ssid=1&directory=12925&bm=0&filename=Sefton_Nov2007.pdf
Rig and Steaming Status report
http://moneyam.uk-wire.com/cgi-bin/articles/200710241146452720G.html
Drilling rig arrives
http://moneyam.uk-wire.com/cgi-bin/articles/200711081705193305H.html
bhunt1910
- 25 Nov 2007 11:53
- 767 of 934
Chaco - now Ameriser (AMER) has been in the doldrums over past 12 months - but this new management team seem to be delivering.
News is expected over next 10 days that will probably alter the status of this minnow one way or the other. It is worth putting on your watch list.
Do your own research - but I beleive there is a strong possibility that this company will move from its currentl level of 7.25 to c10p over next couple of months.
If news is good, there is a strong possibility on it acheiving a higher percentage ownership of current oil fields, increased delievery of oiul, imvreased stock and deals in paraguay, then this stock MIGHT easily double or treble over next 12 months.
My view is to wait for the news over next week or so - then take a view =- it could go either way - although those close beleive it will only go one way (as always).
Or if you are a speculator - its worth a punt now before news - but this is still a high risk play imv
Please DYOR both here and on other boards - there is a lot of info in recent RNS's
PapalPower
- 25 Nov 2007 12:01
- 768 of 934
Aminex (AEX).
Drill ongoing in Tanzania, and another one to follow after. Egypt drill to spud early in the new year.
Lots of upside and the current price is really underpinned by the USA assets alone, so you have all the exploration in for free............ Certainly one to watch in the coming 4 months or so.
smiler o
- 21 Dec 2007 16:35
- 772 of 934
same to you , Hope its good !
robertalexander
- 28 Jan 2008 16:45
- 778 of 934
only two blue for me and they were small holdings in ETCs. took advantage of drop in BRR as couldn't wait for BDEV to drop to 400p[poss wishful thinking] though portfolio out of kilter now as should have bought a blue chip.
here's to a better week this week.
Alex :)
required field
- 28 Jan 2008 17:31
- 779 of 934
Guys, have a look at Aminex AEX, the graph is in a dip and 3 sets of drilling results to come, admitedly 1 could go pear shaped but all 3, I doubt it.
silvermede
- 28 Jan 2008 21:31
- 780 of 934
Driver, have a look at HAWK and AFR, both have held up well.
required field
- 28 Jan 2008 21:52
- 781 of 934
Yes silvermede excellent joices !