edited by moneyam

Investtech still saying a rise to 1.42 pence or more on the price is coming.

Level 2:

1 v 1
0.30 - 0.40
KBC WINS

Suehelen
Since you started the BSP thread some time ago, what is you opinion on the stock at the moment, getting very little sense out of katcenka at the moment, he seems unable or unwilling to divulge the source of his conflicting info, woundered if you could shed some light on the subject.

Loadsa

Hi Loadsa....I will get back to you this evening...will have to get up to speed with developments over the last few trading days.

In the meantime, DMR is certainly worth a look.

Online limits are currently reversed vs. last week at the moment - can sell 100,000 at 0.31 and buy 400,000 at 0.37

MM's relaxing their grip due to lack of buys

150,000 sell at 0.30 pence has come through from an hour ago....I make that MMs taking in nearly 3 million in sells at this 0.30 pence price since last Monday.

No doubt these about to rocket on imminent news and MMs will sell that stock at multiples of today's price.

Level 2 still at at 1 v 1....0.30 v 0.40....KBC v WINS.

TVR

Cash 110,000

Share price 1.25 pence

Mkt Cap 1.40 million

Looking for reverse takeover or acquisition.


DMR

Cash atleast 400,000

Mkt Cap 0.50 million

Looking for reverse takeover or acquisition.

150,000 buy has just come through at 0.38 pence from an hour ago.

Thanks to another poster on another site:

http://www.hb-corporate.com/!-!/Sections/Corporate+Clients/Corporate+Finance+Clients/!+!/CLASS/Folder/DBID/03166046256bc4796269ef3fca2bf82f/P/f890457c93e66835be7d114cdd09302a
(DMR listed as a 'client')

http://www.hb-corporate.com/!-!/Sections/Key+People/Key+People/Corporate+finance/Geoff+Hoodless/!+!/CLASS/Page/DBID/0c4538c1428ea7f4e538d007b45c55b3
(G Hoodless as key person)


I have now written an e-mail to G Hoodless concerning the following
1. ownership of the stone deposits
2. carrying of asset at constant value
3. utilisation of tax losses in precious metals/gems regarding AIM Categorisation
4. nature of aquisition i.e. existing funds (from SA sales) or private placement

Not sure about a response, but will be sure to let you guys know if I get anything back

Krypton....one of the stocks I mentioned last week EOL...has just confirmed today that it has received an approach. Up 40% over the week so far.

Few more days waiting before DMR starts bubbling.

2 * 150,000 sells have come through at 0.30 pence from an hour ago. The market makers have accumulated around 3.35 million shares now at this 0.30 pence price since last Monday.

Good News can't be too far away now.

Level 2 still at 1 v 1.....KBC v WINS.

Another sell for 111,274 has come through at 0.30 pence from an hour ago. KBC the market maker has now accumulated 3.45 million shares at this 0.30 pence price since last Monday. We know there is a shortage of stock and hence the MMs have been accumulating stock before the good news breaks.

Got a hunch that it might be good news day tomorrow !!! Will have to see tomorrow if the hunch was right or not.

The 100K sells were absorbed because a nice 500,000 buy has just come through at 0.35 pence from an hour ago.

Someone managed to get a good quantity at a good buy price too.

Thanks to another poster on another site:

The fact remains that at this level, hoodless is still well out of pocket, as is moritz, whose average price is still more than 6 times today's half mill buy. whatever way these guys play it, the game favours them.

The choice as to whether to join them, stay with them, or forget it is ours.
but they call the shots, and the overwhelming determinant as I see it is whether a precise payoff date is needed.

If it is, I understand nat savings certs are still available - and offer a guaranteed return !!!!!.

Krypton...IQE is looking rather good now as well....up 15.00% so far over the last week.

With regards to DMR...got my hunch wrong it seems about possible news today. Next week possibly now ???

DMR a Strong Buy at these levels.

The News will come in three stages, 1st we have the results of the asset sale and auction, which may or may not disappoint with cash realised....secondly we have the target for aquisition - most likely a SA resource company....thirdly we have the EGM to approve aquisition/reverse aquisition (because size wise I would assume and company they are in discussions with is larger than DMR)....and finally the new group will be created.

New Investtech Update as of Yesterday:



Neutral (Medium term) - Nov 7, 2005 Analysis Explanation
Has broken the ceiling of the falling trend, which indicates a slower initial falling rate. Has given positive signal from a inverse head and shoulders formation by a break up through the resistance at 0.22. Further rise to 1.42 or more is signaled. The stock has broken up through the resistance at p 0.35. This predicts a further rise. In case of negative reactions, there will now be support at p 0.35. Poor liquidity (traded 64% of the days, mean 0.13 mill per day) weakens the analysis. The stock is overall assessed as technically neutral for the medium long term.

http://www.investtech.com/main/market.php?CompanyID=44102694&product=4

Thanks to another poster on another site:

Indeed news should be any day now. You won't be suprised to hear that I have had no response from either Hoodless or Moritz regarding my e-mail questions....maybe they just can't be bothered to reply or maybe they know an RNS will soon be released answering my questions.

Shame we don't have 'our man in SA' given I'm sure any auction of Vredendral factory would have been public and the value raised is most likely public by now..

I'm hoping the RNS regarding funds raised will be issued in conjunction with the naming of the proposed target or at least target market.....the jewel in the crown would be if they also announced how the aquisition will be funded i.e. cash from auction sale and convertible loan / new stock at the same time.

I'm also still interested in why the Quarries are being leased to contractors (and not sold). Interesting times ahead - I'm certain with uncertainty lifted renewed interest will see DMR to nearer 0.6/0.7 by the new year