informer
- 05 Apr 2005 07:45
You can see the official site at: http://www.alexandermining.com/
If you have a specific query please contact:
Matt Sutcliffe on +44 (0) 7887 930 758
Media and communications: press@alexandermining.com
St Swithins (public relations):
Gary Middleton on +44 (0) 20 7929 4391 or +44 (0) 7951 603 289
Address:
8th Floor, Manfield House
1 Southampton Street,
London WC2R 0LR
Tel: 00 44 207 240 7600
Fax: 00 44 207 240 9555
Alexander Mining has raised around 20m at 30p a share from institutions on top of 4.2m raised over the past year in private placings. It is expected to be capitalised at around 40m when it floats.
Alexander has been set up by Matt Sutcliffe, the former head of mining at Williams de Broand a director of corporate finance at Evolution Group, the City brokers. Sutcliffe is one of the City's most highly regarded characters in mining finance and is sure to have a strong institutional following, having listed a number of winners in his days as an adviser.
Alexander has assembled an attractive portfolio of projects in gold, silver and copper in Peru and Argentina and expects to be producing copper within the next 18 to 24 months. Sutcliffe will be well funded and has put together an impressive board that looks well worth backing.
Essentially Alexander Mining is kicking off with three projects in Argentina and one in Peru as another one in Peru is still being negotiated. Asked which of them will be given priority the answer from Dr Sutcliffe is Juramento, Juramento, Juramento, so there does not seem to be much doubt about that. It is a sedimentary hosted copper silver deposit in north west Argentina which was previously explored by Paramount Ventures and Finance between 1994 and 1997. At the end of that period a total drill indicated resource of 44.7 million ozs at 0.8% copper and 21.8 g/t silver was announced. The Alexander team reckon that the mineralization continues beyond the two areas previously drilled and would be easy to mine as Juramento is a hill. Drilling will commence in the first half of this year as well as preliminary engineering studies and metallurgical testwork. Start at the rate you intend to carry on is the cry and Dr Sutcliffe is flying out to Argentina next week for a long stay.
The Trinidad silver project and the Rachaite gold/silver/base metal projects are also in the northwest of Argentina which makes things easier to manage. Trinidad is a short distance to the north and east of the La Providencia silver mine where Cardero Resources has reported very high silver values. It lies on the northern continuation of the graben which surrounds the mine and is surrounded by Carderos Ramona licence area. Rachaite is a potentially large porphyry target situated in a favourable structural environment. Western Mining did some sampling there in 1997; it is in the same region as the big Alumbrera and Taca Taca mines; and Alexander intends to get drilling this year.. Lastly, there is the Sulcha epithrmal gold silver deposit in the Andes mountains of Peru. A widespead , mineralised outcrop has attracted local artisan miners and recent samples assayed up to 8.12 g/t gold and 1,195 g/t silver. It is also close to the Alto Chicama mine owned by Barrick with 9 million ozs gold in reserves.
An interesting portfolio and well spread geographically and in metals. All the earn-in deals on them are back-end loaded which is a sensible approach as it limits financial risk. In other words there are no up-front payments, just annual expenditure on exploration and a capped royalty if production ensues. Any project that does not live up to expectations can be dumped and the company can move on.
Directors:
Name - Role
Matthew Leslie Sutcliffe - Chairman and Chief Executive Officer
John Russell Hodder - Business Development Director
James William Ashcroft - Non-executive Director
James Snaddon Bunyan - Non-executive Director
David Robert Norwood - Non-executive Director
Person(s) interested
Pre Admission Matt Sutcliffe 16.07% Stephane Lamoine 10.53% Arc Securities 4.67% Gold Equity Holdings 4.34% Irvine Securities 3.54% Alker Investment Holdings Ltd. 3.05% After Admission Matt Sutcliffe 8.11% Stephane Lamoine 5.31%
The directors are locked in for 2 years
Matt Sutcliffe, the former head of mining at Williams de Broe and a corporate finance director at City brokers Evolution Group, has set up the group. He is one of the City's most highly regarded figures in mining and is sure to have a strong institutional following.
Alexander has assembled an attractive portfolio of projects in gold, silver and copper in Peru and Argentina and expects to produce copper in the next 18-24 months. Sutcliffe will be well funded and has put together an impressive board that looks well worth backing.
It is involved in mining exploration and intends to grow rapidly into a low cost and highly profitable diversified metal producer.
This represents a very strong buy.
Alexander Mining Well Funded For Its South American Adventures.
The boy done good as trainers of boxers used to say of their winners. Matt Sutcliffe, erstwhile mining engineer and brokers mining analyst and now executive chairman of Alexander Mining deserves the plaudit. At a time when the market for junior mining stocks in London was looking a shade droopy, to say the least, the money flowed into a placing of shares in his company prior to its listing on AIM. The company was looking for 12 million and closed the doors at 20 million having had offers of considerably more. On this basis there should a reasonable secondary market as a number of applicants were scaled down. Unfortunately no information is given about the largest shareholders in the company before and after the listing, apart from the directors.
He should also be congratulated for cementing a deal with Dennis Thomas, the eponymous head of Thomas Mining Associates, well known as a job finder for the mining industry. As an adjunct to his business Thomas had built up a portfolio of promising projects which he had secured via letters of intent using his database of 20,000 professionals in the mining industry.. Sutcliffe picked these over and has negotiated earn-in agreements on what he considered to be the five best. This must have taken considerable patience as Thomas is not an easy man to pin down.
There will be more in the pipeline as Alexander Mining has rights of first refusal on the rest and can choose to take them or let Thomas Mining Associates Project Investments shunt them on to third parties. A 45 per cent holding was acquired in TMAPI through payment of 30,000 plus monthly payments of 10,800 which continue as long as all parties are in harmony. The database of mining industry personnel was also handed over to TMAPI so Sutcliffe, who now uses the title of Dr, will not have to go far to find additional specialists as and when required. It is worth pointing out at this stage that he is not confined to TMAPI as a source of projects, but can seek them by all the usual routes.
He has already built a useful team around him. John Hodder is the only other executive as director of business development and he started life as a geologist in Australia on base metals, gold and oil projects. After a time in the UK oil industry he moved to CDC Capital Partners where he became head of the Minerals, Oil and Gas Sector. At senior management level Eileen Carr needs no introduction in London as chief financial officer. Stephane Lamoine, the business development manager is a chartered engineer who, as a mining finance specialist, has worked for a number of leading fund management and broking houses in Europe. Angus Innes is well qualified to be head of operations in South America as he was exploration manager for Billiton in Argentina and Bolivia before becoming a consultant geologist to several mining and exploration companies in South America where he is based.
Essentially Alexander Mining is kicking off with three projects in Argentina and one in Peru as another one in Peru is still being negotiated. Asked which of them will be given priority the answer from Dr Sutcliffe is Juramento, Juramento, Juramento, so there does not seem to be much doubt about that. It is a sedimentary hosted copper silver deposit in north west Argentina which was previously explored by Paramount Ventures and Finance between 1994 and 1997. At the end of that period a total drill indicated resource of 44.7 million ozs at 0.8% copper and 21.8 g/t silver was announced. The Alexander team reckon that the mineralization continues beyond the two areas previously drilled and would be easy to mine as Juramento is a hill. Drilling will commence in the first half of this year as well as preliminary engineering studies and metallurgical testwork. Start at the rate you intend to carry on is the cry and Dr Sutcliffe is flying out to Argentina next week for a long stay.
The Trinidad silver project and the Rachaite gold/silver/base metal projects are also in the northwest of Argentina which makes things easier to manage. Trinidad is a short distance to the north and east of the La Providencia silver mine where Cardero Resources has reported very high silver values. It lies on the northern continuation of the graben which surrounds the mine and is surrounded by Carderos Ramona licence area. Rachaite is a potentially large porphyry target situated in a favourable structural environment. Western Mining did some sampling there in 1997; it is in the same region as the big Alumbrera and Taca Taca mines; and Alexander intends to get drilling this year.. Lastly, there is the Sulcha epithrmal gold silver deposit in the Andes mountains of Peru. A widespead , mineralised outcrop has attracted local artisan miners and recent samples assayed up to 8.12 g/t gold and 1,195 g/t silver. It is also close to the Alto Chicama mine owned by Barrick with 9 million ozs gold in reserves.
An interesting portfolio and well spread geographically and in metals. All the earn-in deals on them are back-end loaded which is a sensible approach as it limits financial risk. In other words there are no up-front payments, just annual expenditure on exploration and a capped royalty if production ensues. Any project that does not live up to expectations can be dumped and the company can move on. The potential weakness of this company lies in communication. Dr Sutcliffe likes keeping things to himself and is notorious for not returning telephone calls. Shareholders can get very restive very quickly, as can journalists, if they feel they are being ignored. No good shedding the job on a non-exec, Matt, stay on the air and you could be on a good thing.
informer
- 05 Apr 2005 09:41
- 2 of 416
informer
- 05 Apr 2005 10:00
- 3 of 416
wa157te
- 05 Apr 2005 15:17
- 4 of 416
petralva
- 05 Apr 2005 16:37
- 5 of 416
now that the new tax year is upon us.......expect more money coming this way......and be patient!
wa157te
- 05 Apr 2005 19:07
- 6 of 416
informer
- 06 Apr 2005 08:26
- 7 of 416
informer
- 06 Apr 2005 15:21
- 8 of 416
carrickman
- 06 Apr 2005 18:40
- 9 of 416
price drop today, anyone know why.
pro
- 07 Apr 2005 08:06
- 10 of 416
The price drop was due to the contracted spread. The spread between buy and sell was quite big as the marketmakers were unsure as to how the company would go. This tended to spoil the session but there's no need to worry about this company as it's going to be a big winner for anyone getting on board. The placing of shares at 30p each to raise 20m was orchestrated by Evolution Securities and is understood to have been heavily oversubscribed. The price now is still very low and offers a cracking chance to buy into a very promising company on the cheap.
Matthew Sutcliffe - is chairman and chief executive. The former head of mining at Williams de Broe and a corporate finance director at City brokers Evolution Group, has set up the group. He is one of the Citys most highly regarded figures in mining and is sure to have a strong institutional following. Alexander has assembled an attractive portfolio of projects in gold, silver and copper in Peru and Argentina and expects to produce copper in the next 18-24 months. Sutcliffe will be well funded and has put together an impressive board that looks well worth backing.
informer
- 07 Apr 2005 12:23
- 11 of 416
wa157te
- 07 Apr 2005 12:45
- 12 of 416
wa157te
- 07 Apr 2005 15:39
- 13 of 416
pro
- 08 Apr 2005 08:30
- 14 of 416
Glad you're pleased with this one as it's a star in the making. Should be seeing a sharp rise in the share price shortly. Keep buying!!!
pro
- 08 Apr 2005 10:09
- 15 of 416
informer
- 09 Apr 2005 08:07
- 16 of 416
It has to be said that this is the best new company of 2005. Anyone wanting to profit from a mining company should definitely go for this one.
informer
- 10 Apr 2005 09:45
- 17 of 416
wa157te
- 12 Apr 2005 07:40
- 18 of 416
wa157te
- 12 Apr 2005 13:23
- 19 of 416
StarFrog
- 12 Apr 2005 14:17
- 20 of 416
Hope you waited for a while. 30p now!
Kivver
- 12 Apr 2005 17:16
- 21 of 416
hahahaha good luck, thats what you will need following misinformer.
informer
- 13 Apr 2005 07:51
- 22 of 416
petralva
- 13 Apr 2005 07:57
- 23 of 416
yeah right.....and why would you want to tell us that?
bhunt1910
- 13 Apr 2005 08:01
- 24 of 416
.....sounds like boloni to me - another word for ramping. I am staying clear
B
informer
- 13 Apr 2005 08:28
- 25 of 416
petralva
- 13 Apr 2005 08:38
- 26 of 416
yeah whatever!
informer
- 14 Apr 2005 08:16
- 27 of 416
bhunt1910
- 14 Apr 2005 08:21
- 28 of 416
I am waiting in anticipation - but I am not holding my breath.
B
bhunt1910
- 14 Apr 2005 14:49
- 29 of 416
still waiting !!!
Baza
Kivver
- 15 Apr 2005 12:02
- 30 of 416
39p to 26p BRILLIANT!!!!
bhunt1910
- 15 Apr 2005 12:11
- 31 of 416
....still waiting - not holding my breath though. If it was definitely a strong buy at 31 - what is it now - think I will wait some more
Baza
doughboy66
- 15 Apr 2005 12:34
- 32 of 416
blunt1910 i did have a laugh when i read your comments couldn`t agree more, i think informer must of been recommending this for Evil to short.
DB66
informer
- 15 Apr 2005 13:41
- 33 of 416
bhunt1910
- 15 Apr 2005 14:46
- 34 of 416
Think I will wait and watch a little more......
Baza
wa157te
- 15 Apr 2005 19:52
- 35 of 416
bhunt1910
- 15 Apr 2005 23:52
- 36 of 416
I still think I will wait and watch a little more ...
Baza
informer
- 17 Apr 2005 08:24
- 37 of 416
I fully agree. The present share price is an absolute gift! Top management involved in gold and copper production -both of which are going to see an esculation in global demand. Anyone wanting a money tree must surely see this as a cracking opportunity!
bhunt1910
- 17 Apr 2005 14:47
- 38 of 416
I still think I will wait and watch - better performing shares elsewhere at the moment - this one is still down at 29 since you recommended it as a very strong buy at 35p. If it was a very strong buy then - and it has since dropped 6p - maybe it will drop another 6p now.
Baza
wa157te
- 18 Apr 2005 08:40
- 39 of 416
petralva
- 18 Apr 2005 08:57
- 40 of 416
just gone blue! but 4 how long?
wa157te
- 18 Apr 2005 09:08
- 41 of 416
bhunt1910
- 18 Apr 2005 10:08
- 42 of 416
I am not indecisive - I am just not sure !!!
Very low volumes - and it has risen to 30p - still a long way under the 35p price it was recommended at
I have bught SEO this morning - and am already in profit - so I will prefer still to watch and wait - at least my other investments are working for me now.
Baza
bhunt1910
- 18 Apr 2005 10:11
- 43 of 416
...... and sells are outnumbering the buys by 4:1?
Baza
bhunt1910
- 18 Apr 2005 23:15
- 44 of 416
.. think I will stay watching this one - and keep my hands in my pockets - better value elsewhere
Baza
informer
- 19 Apr 2005 11:42
- 45 of 416
bhunt1910
- 19 Apr 2005 14:07
- 46 of 416
....thanks for the advice - still watching - still not convinced
Baza
wa157te
- 20 Apr 2005 08:18
- 47 of 416
bhunt1910
- 20 Apr 2005 08:24
- 48 of 416
Yes - but only a total of 60k for all of yesterday and 7k so far today.
All that seems to be happening is that the spread is widening - and the whole market was up yesterday.
Still not convinced - I may be wrong - but I will back my own judgment - better value - at the moment - elsewhere
Baza.e
wa157te
- 20 Apr 2005 11:50
- 49 of 416
bhunt1910
- 20 Apr 2005 11:54
- 50 of 416
I think I will stick with SEO, NLR and VML for now as they are all moving up quicker. - but I will keep watching - and I may be back.
BazaN
wa157te
- 20 Apr 2005 18:21
- 51 of 416
bhunt1910
- 20 Apr 2005 21:19
- 52 of 416
Nah - the spreads too big and the price aint moving quick enough - think I will watch and wait.
I made a bundle on SEO, NLR and VML today - all moving up and all covered the spread with ease
Baza
wa157te
- 21 Apr 2005 08:15
- 53 of 416
petralva
- 21 Apr 2005 08:48
- 54 of 416
who is this persistent idiot!.......wa157te not a good ramper...probably still in puberty!
wa157te
- 21 Apr 2005 08:59
- 55 of 416
bhunt1910
- 21 Apr 2005 09:17
- 56 of 416
MMMmmmm SEO up another 50 points this morning - up 5p over the last 2 weeks - during the same time AXM has dropped and wallowed. It might come good long term - but right now its doing nothing.
More value in SEO, NLR and VML inmo
If U R in AIX - then good luck - methinks you may have a long wait
Baza
wa157te
- 21 Apr 2005 11:09
- 57 of 416
bhunt1910
- 21 Apr 2005 11:16
- 58 of 416
Apologies for getting the Epic Code wrong
I guess it depends on your definition of "doing well". No price movement at all - and if I had bought in on your recommendation at 35 - I would still be 25% down. (based on sale price of 28)
Whereas SEO up another 1p today - small spread and profitable - (I only bought last week at 18 - and today at 23) - same with NLR and VML.
Think I will stay where I am for now.
Sorry - not trying to deramp AXM - just think there are better opportunities elsewhere right now
Baza
petralva
- 21 Apr 2005 11:52
- 59 of 416
funny that.......i set up a proactive discussion on adfvn.and all i got was ramp ramp ramp...let me tell you this i am long in axm!
Andy
- 21 Apr 2005 11:54
- 60 of 416
Nice mention in Shares today, Page 46 column 1.
"price represents a great buying opportunity" is their final comment.
informer
- 21 Apr 2005 15:41
- 61 of 416
bhunt1910
- 21 Apr 2005 15:47
- 62 of 416
Good Luck Chaps I might join u when I can release some funds
baza
wa157te
- 22 Apr 2005 08:38
- 63 of 416
informer
- 22 Apr 2005 09:02
- 64 of 416
bhunt1910
- 22 Apr 2005 09:36
- 65 of 416
SEO and NLR all up again by 5%+
BC
informer
- 22 Apr 2005 09:41
- 66 of 416
Going well today with buys now outnumbering sells by a whopping 22-1!!!
wa157te
- 22 Apr 2005 09:51
- 67 of 416
informer
- 22 Apr 2005 12:40
- 68 of 416
bhunt1910
- 22 Apr 2005 13:44
- 69 of 416
Am I missing something? - thats a whole 4,800 invested in this company today - so far
How are you going to react when someone invests 10,000 - in one go?
Baza
informer
- 23 Apr 2005 10:08
- 70 of 416
wa157te
- 24 Apr 2005 07:48
- 71 of 416
informer
- 24 Apr 2005 08:07
- 72 of 416
Alexander Mining recieved a mention in Shares this week (First column on page 46) with the final comment being "price represents a great buying opportunity"
Just thought I'd let you know.
wa157te
- 25 Apr 2005 09:35
- 73 of 416
pro
- 25 Apr 2005 16:36
- 74 of 416
Another good day of consolidation with 19 buys to just the 1 sell.
wa157te
- 26 Apr 2005 07:55
- 75 of 416
bhunt1910
- 26 Apr 2005 08:08
- 76 of 416
I always thought that winning was when the price you could sell your shares for was higher than what you bought them for !!!
I really cant get excited by this share - but i hope you prove me wrong
Baza
pro
- 26 Apr 2005 08:16
- 77 of 416
You have to give a share time to develop. This company only came onto the market three weeks ago!!! What do you expect -miracles!!! Be reasonable. As soon as the first piece of news is released the share price will rise. The time to buy is now!!!
jimmy b
- 26 Apr 2005 08:26
- 78 of 416
bhunt1910
- 26 Apr 2005 11:20
- 79 of 416
Pro - I agree with you - I am just not happy about all the ramping of this share and talk about "another winning day" when the share price has done nothing but languish around the 30p mark and with no news.
Now if there was some news and the share price started to move I would agree - but at the moment one ot 2 people seem to be trying to talk the share price up without any facts.
Tell me some facts about products, volumes, future earnings, P/E etal and I will start to listen. I deal with facts not hype I am afraid. Again - I wish you well and hope I am wrong.
Baza
StarFrog
- 26 Apr 2005 13:23
- 80 of 416
Apologies to those of you already in this stock, but I've been watching these since they listed and have been following this thread - I am afraid that I wholeheartedly agree with young Baza.
As far as I can make out, the only asset that this company has at the moment is a well respected management team with great experience in the mining sector. Now that is very good news, and bodes well for this company eventually going places. But at the moment?
And as Baza points out, why so much excitement on only a few shares being bought and sold on a daily basis. The volumes are low and the actual level of money exchanged is pitifull. But this could signal a good thing. Maybe those that bought in at IPO are keeping hold of their shares.
For the record, I do intend to buy into this stock in the future (when there is something worth buying into). I'm anticipating my entry at around 25p. if it doesn't go that low, then I won't be joining you.
Good luck all.
informer
- 27 Apr 2005 07:57
- 81 of 416
petralva
- 27 Apr 2005 08:53
- 82 of 416
has this informer posted before?
MRSmoneypenny
- 28 Apr 2005 07:39
- 83 of 416
MRSmoneypenny
- 29 Apr 2005 08:45
- 84 of 416
Kivver
- 29 Apr 2005 16:46
- 85 of 416
informer, pro, mrsmoneypenny (AND LOADS OF OTHER NAMES) all the same person. Ramping is his profession. WATCHOUT!!!!!
Kivver
- 29 Apr 2005 16:47
- 86 of 416
His he really stupid enough to think because he puts Mrs at the beginning of his name we wont know who is posting!!!
bhunt1910
- 29 Apr 2005 18:40
- 87 of 416
Pathetic
baza
wa157te
- 02 May 2005 10:09
- 88 of 416
pro
- 02 May 2005 10:24
- 89 of 416
Those clowns above (and I suspect they are the same person, probably kids messing around on daddies computer) have been active on other sites too. Making all kind of silly comments. should be a law against it.
This stock is a cracker and should be on everyone's short list. The first piece of news will have everyone running to buy!!!
wa157te
- 02 May 2005 10:28
- 90 of 416
doughboy66
- 02 May 2005 17:16
- 91 of 416
Its been pointed out on the kenmare thread informer and pro are the same person !! The last thing we need in these markets is to be taken in by rampers.
DB66
pro
- 02 May 2005 18:06
- 92 of 416
No ramper and not the same person so go elsewhere with your deramping techniques doughboy. You must think we are as dumb as you. You are a Kenmare stock-holder who is losing money on a bad stock and trying to get people to sell Alexander and buy Kenmare. You must be joking. Go stick your silly head under the cold water tap!!
Kivver
- 02 May 2005 19:34
- 93 of 416
Well spotted doughboy, pro has about 35 names the most pathetic sad individual you would ever wish to meet. As pro as said before let the facts speak for themselves.
KMR 15P TO 25p
AXM 39P to 28p need i say more.
What kind of weirdo comes on here and talks to himself, pretends he looks like brad pitt says hes a pro and tries to disquise himself as a woman. He must be most unsuccessful ramper/deramper ever. The shares he ramps go down and the one he deramps goes up.
doughboy66
- 02 May 2005 19:43
- 94 of 416
Touchy! No i am not a Kenmare holder i just read most of the threads when i can and it is not the first time i have read informer has quite a few different names under which he operates.If you are not the same person then i apologise also i am not trying to deramp stock but if i keep reading someone is a ramper and that they have several names under which they operate then i think its only fair people are made aware.I will also keep an eye on this maybe you have hit on something,like i said i read most threads and things change so quickly in this game.What might be worth buying today could be worth selling tomorrow.
DB66
wa157te
- 03 May 2005 08:34
- 95 of 416
bhunt1910
- 03 May 2005 08:52
- 96 of 416
There is so much ramping on this share - but no substance. I prefer to invest in companies which talk to their shareholders and provide information about their products and research aand about which I can take an informed decision. Asking someone to invest in a company - just because they have a "dream Team" is not the way I make my investment decisions - I need a little more. Until I have something to assess - I will stay out.
The more that you guy(s) ramp this share - the more damage you do. If this is such a good share - then I suggest you enjoy the increase in its value and when there is some news to share - then at least you can be smug and say "I told you so" - but in the meantime I will wait for news.
The sort of news I like is that produced by VML - about whom I have much more confidence - at the moment - but that of course may change
VANE Minerals plc (AIM: VML)
VANE Announces Diversification Into Uranium Exploration And Development
Vane Minerals ('VANE' or 'the Company') announces that it is diversifying its
current project portfolio by entering into the uranium exploration and
development business.
To date 7 uranium targets have been successfully claimed by the Company and 28
further properties have been identified and are under development. VANE expects
to finalise its property position by the end of the first quarter 2005. The
Company is targeting uranium projects that are either at, or near, resource
stage or targets that exhibit similar surface features to mines with past
production, but that have not yet been evaluated for the presence of uranium.
The 35 properties identified are located within a uranium district with
significant past production as well as significant resources. Due to the
current uranium market conditions, we prefer to not identify the location until
we complete our property position. Previous drilling data available for some of
the 7 properties successfully claimed indicate grade intersects from 0.34 up to
1.78% U3O8.
VANE has incorporated a 100% owned subsidiary to hold its uranium properties and
has also successfully recruited a uranium geologist, Kristopher K. Hefton B.Sc.,
who has considerable experience in this field and is a great addition to the
VANE team. Mr. Hefton has worked with VANE's exploration team in the past during
his time at Freeport McMoran, and he has also worked for Barrick Gold
Corporation, Homestake Mining Company and Energy Fuels Nuclear Inc.
Michael Spriggs, Chairman of VANE, commented, 'We are delighted to announce the
addition of these uranium assets to the VANE portfolio and will update the
market with more substantial details once further properties have been claimed.
The uranium market has been strong for some time now, reflecting a long-term
forecast supply shortage and the growing recognition that nuclear energy offers
a cleaner and more energy efficient fuel source. Through our extensive network,
we have identified some quality projects and look forward to releasing further
details when appropriate.'
Enquiries:
VANE Minerals plc Seymour Pierce Limited Parkgreen Communications
Matthew Idiens Sarah Wharry Justine Howarth / Cathy Malins
020 7667 6322 020 7107 8000 020 7493 3713
StarFrog
- 03 May 2005 09:41
- 97 of 416
Rampers - Derampers - Who cares?
My (simple) advice to anybody thinking about investing in a stock is to thoroughly investigate that stock before commiting. Sure, part of that investigation will mean reading threads such as this one. But NOBODY should move into a stock SOLELY on what they read on a bulletin board.
What is the point of ramping/deramping. Do people really believe that the large institutions read these threads and then make decisions about moving in or out of a stock based on what they read? Get real!
The only pupose ramping/deramping serves is to brighten up a thread with petty bickering, giving the rest of us a laugh.
I'm not in this stock (yet) but may come in at a later date when there is any news to support growth. Good luck to all of you already holding.
bhunt1910
- 03 May 2005 09:49
- 98 of 416
Starfrog - thank you for bringing us back to reality - I totally agree with U - forgive my frustrations with the rampers on this share
Baza
Kivver
- 03 May 2005 11:09
- 99 of 416
Good point starfrog, but newbies can be easily led by promises of a fortune. I dont like to see people lose money(lost enough myself) so will always be about to warn people.
pro
- 04 May 2005 08:18
- 100 of 416
Kivver
- 04 May 2005 08:37
- 101 of 416
But you said that about afd!!!!!. You have deramped KMR which has remained stable (around 24 - 28p). AXM has fallen from 39p to 28p (thats a big drop). They may be held in high regard (i wish you would produce the evidence and not just say-so), but its all speculation!!!! what have they got at this moment that is going to bring in the money?? PCI is held in high regard, looked for oil and didnt find any (yet).
bhunt1910
- 04 May 2005 08:55
- 102 of 416
Pro - I think you misunderstand - I am not de ramping at all - I am simply asking for some information about which to get excited about.
Before I put my hard earned pension into any share - I need something more tangible than "past performance" - Sorry. And the evidence to date since you and others said that this was a great share and we should all buy (at 35p) is a 30% fall in the share price - not a good investment in anybodys book - and also does not fill anyone with confidence in your predictions
Baza
pro
- 04 May 2005 09:00
- 103 of 416
pro
- 04 May 2005 09:07
- 104 of 416
I only deal in winners. I bought AFD at 62 pence and sold shortly after at 78 pence. If you'd taken my advice (I am a pro) you'd have made a nice little earner for yourself. I bought AFD again a few days ago at 52 pence and they are now at 62 pence (I shall sell when it hits 70 pence) -another nice little earner, I think you'll agree.
Meanwhile, Alexander is a company that is going to hit the big time. It's a bit of a sleeper and is awaiting the first news output. Once it comes, you'll be wishing you'd taken my advice -just like with AFD!!!
Kivver
- 04 May 2005 12:41
- 105 of 416
The pro you are is a professional ramper. You must have been quick to make a profit on afd and what made you realise it was going to drop like a stone? I think you are not telling us the whole truth. At the moment you are down on AXM are going to give your 'pro' opinion when it should be sold?
bhunt1910
- 04 May 2005 20:35
- 106 of 416
Ouch Pro - looks like you have been rumbled
Re AXM - Pro - are you recomending that we buy in now - or wait until it drops some more - what is your professional opinion - I know you recommended that we should have bought in at 35p - are you still saying buy now?
Baza
informer
- 05 May 2005 07:53
- 107 of 416
Kivver
- 05 May 2005 08:34
- 108 of 416
bla, bla bla, boring, boring the same old claptrap under yet a different name. If your going to pretend to be different people at least change the tone and style a bit. You are quite thick really arent you?
wa157te
- 05 May 2005 09:25
- 109 of 416
blackbelt
- 05 May 2005 09:33
- 110 of 416
Is this a joke............? I think baza and Kivver should leave this mentalist to mummbling to himself under his many alias! As rightly pointed out its probabaly some kid on his dads computer!
The only way to make money on this one is too short it for the next few months until theres actually something tangable to trade......Look at Griffin mining it fell consistently until it hit rock bottom and neared the home straight then began to motor! This will not start to move for months
pro
- 05 May 2005 12:30
- 111 of 416
MRSmoneypenny
- 05 May 2005 12:42
- 112 of 416
petralva
- 05 May 2005 13:12
- 113 of 416
i see its diving again......i mean axm!
actually drilling is supposed to start in the first half of this year...so maybe some news might follow.
StarFrog
- 05 May 2005 13:52
- 114 of 416
Today's challenge is to justifiably link the word 'winner' with this chart. Answers on a postcard to........ ;-)
Good luck if you are in (you'll probably do OK in the long term, IMHO).
bhunt1910
- 05 May 2005 13:59
- 115 of 416
Down another 10% so far today - is it time to buy yet ??
Baza
petralva
- 05 May 2005 14:08
- 116 of 416
it depends on whether the original offering was to high......remember there was a pre-placing of 4.5m before the recent ipo.
Kivver
- 05 May 2005 14:40
- 117 of 416
Nice one MRSmoneypenny, pro, informer, brad twit lookalike, wa175te and alll your other pathetic usernames any other gems????????? keep away from this idiot! You call me a deramper??? whats happened to afd and axm????? you need another think about your life and what you are going to do with it because you are the worst ramper/deramper ever.
MRSmoneypenny
- 05 May 2005 18:16
- 118 of 416
pro
- 05 May 2005 18:18
- 119 of 416
bhunt1910
- 05 May 2005 18:32
- 120 of 416
Well somebody needs to judging by the amount of stock that has been unloaded over the past week. Keep on buying - Forgive me if I just watch a while longer. Soon I will be able to get them for half price
Baza
petralva
- 05 May 2005 19:42
- 121 of 416
does anyone here have the correct mkt cap? i know they issued 66m shares back on the 4th april,but before that there was a pre-placing of 4-5m pounds.but at what price?
i see on the research page according to money am there are 499m in issue,which must relate to axiomlab i think.
and how do u get rid of this dam edit button!
ptholden
- 05 May 2005 19:45
- 122 of 416
This thread is a cracking good read, nothing like multiple personalities posting complete nonsense. Cheers me up every time I need a good laugh!!
petralva
- 05 May 2005 19:46
- 123 of 416
erm no i am one of one!
ptholden
- 05 May 2005 19:51
- 124 of 416
Err, sorry petralva, I wasn't referring to you, (Pro / informer / moneyidiot)
petralva
- 05 May 2005 20:09
- 125 of 416
i see they have a website up and running at www.alexandermining.com.
MRSmoneypenny
- 06 May 2005 07:50
- 126 of 416
Kivver
- 06 May 2005 10:13
- 127 of 416
mrsmoneypenny and pro are the same person how sad to have a conversation with himself. axm 39P TO 23P any more gems you fool. oh afd HAHAHAHAHAAHA. Deramp KMR!!! STILL HOLDING AROUND 24p (up today on a bad day). Told you before you need another profession cus your crap at this one!!
bhunt1910
- 06 May 2005 10:47
- 128 of 416
Excellent post mrs moneypenny - at least you have qualified the objectives as being medium term and that there appears to be no reason to buy this share in the short term.
I guess the price will continue to fall until there is some positive news - am quite happy making quite a profit at the moment from shorting this one - mainly down to the crap posted by others who have undermined the management and objectives of this company.
Please carry on the good work - I have a target to buy back at 20p (having sold at 30p).
Baza
Kivver
- 06 May 2005 11:21
- 129 of 416
good work - your as mad as him. how 39p to 23p be good work?? suppose your a lucky person who hasnt bought on the back of this rampers posts???
bhunt1910
- 06 May 2005 11:31
- 130 of 416
Just a natural cynic - if they continue to post rubbish - then they will help the price to continue to drop - although I notice a slight reversal today - so may have to take what I have got & run
Dont take anything I say on this thread too seriously
Baza
Kivver
- 06 May 2005 12:29
- 131 of 416
Understand Baza, but im concerned about the newbies who can be easily led by the rampant rampers. But this bloke is terrible at it. Unless it is reverse psychology. But the stocks he ramps fall like stones and the ones he deramps remain stable or improve. You've got to worry about a man who logs in under about 30 different names and talks to himself not only on this site but others too. i mean brad-pitt-lookalike what a T**T!
pro
- 06 May 2005 18:56
- 132 of 416
bhunt1910
- 06 May 2005 19:13
- 133 of 416
Guess I will repent
Baza
MRSmoneypenny
- 08 May 2005 08:48
- 134 of 416
informer
- 08 May 2005 08:55
- 135 of 416
You can see the official site at: http://www.alexandermining.com/
MRSmoneypenny
- 08 May 2005 17:53
- 136 of 416
bhunt1910
- 08 May 2005 23:42
- 137 of 416
Mrs Moneypenny - your point being?
Baza
pro
- 09 May 2005 09:00
- 138 of 416
You can see the official site at: http://www.alexandermining.com/
bhunt1910
- 09 May 2005 09:04
- 139 of 416
So is it true that informer & Pro are the same person - having posted identical posts?
Baza
MRSmoneypenny
- 09 May 2005 09:35
- 140 of 416
StarFrog
- 09 May 2005 09:37
- 141 of 416
MrsMP,Pro,Informer (whoever) - posting the same article time and time again doesn't really help your argument.
I think this company may be a good investment in the long term, but for now...? DYOR.
stephen801
- 09 May 2005 12:05
- 142 of 416
I suppose all we can hope for here is that they're spending the cash wisely and not just frittering it away. I think they are doing the former, which is why I am sticking with it. I'm down 30% so far on this one.
bhunt1910
- 09 May 2005 13:16
- 143 of 416
Stephen - good luck - I know there has been some banter on this thread - but the share price could well be at the bottom now and it could well be a good time to buy more and average your cost down - unfortunately there is very little data coming through - all we are getting is ramping by some kids who do nothing except undermine their cause. This could be a decent share in the future- but until we get some news - I am staying out. I would rathet miss the bottom and wait for some positive news which supports the upward movement of the price than buy it right now with nothing to base it on.
Baza
Kivver
- 09 May 2005 13:57
- 144 of 416
That was brave post baza (apparently were now engaged see - kmr thread). The problem is it is hard to take pro (and all his other user names) seriously and even if he did come up with a good un who's going tp listen?? He has advised people to move out of kmr and the price is still the same. He has ramped afd first and now axm and both have had massive fallls. Follow him at your own peril!!!
stephen801
- 09 May 2005 15:46
- 145 of 416
bhunt1910. Thanks for that. I've been tempted to ditch it but almost every time I've done that in the past with hindsight I've got it wrong, hence me sticking with this one this time. But as you say, with the lack of knowing what they're actually doing, I won't be stocking up. I did have some quite good background information on them at the float and it does seem to hang together. It's just a matter of time (I hope).
Kivver
- 09 May 2005 17:12
- 146 of 416
Down another 10% today dont say i didnt warn you! 39P down to 22p, oh by the way kmr up again today.
bhunt1910
- 10 May 2005 14:03
- 147 of 416
Its still going down - just dont know where this one will stop - over 2m sells today. I thought that it had bottomed - just shows how wrong U can be.
Still difficult to judge with no news coming out.
I am still staying out - just wished I had shorted it all the way down - hindsight is a wondeful thing.
Baza
ptholden
- 10 May 2005 14:07
- 148 of 416
Great tip from the multiple personality briagde at what? 40p (ish). No doubt 'they' will reappear if and when it recovers, claiming great insight, stock picking skills etc etc. In the mean time, no doubt some have been sucked in by the rubbish posted on here, although I sincerely hope not.
PTH
stephen801
- 10 May 2005 14:34
- 149 of 416
bhunt1910, yes, hindsight is wonderful, it mostly tells me I made wrong decisions after the event, either buying or selling, so in this case I'm testing the opposite approach and sticking with it. You've been right on this one to stay out so far, but I think it's still worth watching and using your own judgement to decide when to get in.
bhunt1910
- 10 May 2005 14:46
- 150 of 416
Stephen - I know what you mean re hindsight - got lots of those experiences.
Be lucky
Baza
Kivver
- 10 May 2005 15:34
- 151 of 416
excuse me but i have been warning people all the way down the line on this site and others, oh by the way where is one and only pro/mrsmoneypenny/informer/ wa147te/helen/newsreel/informationboard/maninthknow/peter579/melons248 just to name a few.
bhunt1910
- 10 May 2005 15:59
- 152 of 416
Careful Kivver - otherwise I might propose again !!!
Baza
MRSmoneypenny
- 11 May 2005 07:20
- 153 of 416
MRSmoneypenny
- 11 May 2005 07:22
- 154 of 416
If you have a specific query please contact:
Matt Sutcliffe on +44 (0) 7887 930 758
Media and communications: press@alexandermining.com
St Swithins (public relations):
Gary Middleton on +44 (0) 20 7929 4391 or +44 (0) 7951 603 289
Address:
8th Floor, Manfield House
1 Southampton Street,
London WC2R 0LR
Tel: 00 44 207 240 7600
Fax: 00 44 207 240 9555
ptholden
- 11 May 2005 07:35
- 155 of 416
Squelched
pro
- 11 May 2005 07:44
- 156 of 416
bhunt1910
- 11 May 2005 07:49
- 157 of 416
I am pretty sure you used similar arguments when the share price was 35p, then 30p, then 25p, now at 20p.
I guess you have to be right at somestage.
I will wait until there is some positive news from the company - not a couple of rampers who use emotion rather than fact to try and pursuade people to buy.
Pro - How many shares are you going to buy at todays "bargain price".....Let us know before 8am so that we can look out for your investment?
Baza...
ptholden
- 11 May 2005 07:50
- 158 of 416
Also squelched. Pity that there isn't a facility that automatically filters multiple aliases!
Edit: Pro sqelched, not you BHunt!
bhunt1910
- 11 May 2005 10:12
- 159 of 416
Well Pro - haven't seen any topping up yet - as all todays trades are sells so far. Looks lik U shot yourself in the foot - again...
Please stop ramping this share as you are creating the exact opposite effect.
Baza
Kivver
- 11 May 2005 14:08
- 160 of 416
looks like the rampant ramper is only talking to me and himself. sad man (me and him lol).
bhunt1910
- 12 May 2005 08:58
- 161 of 416
Morning Pro - How many shares did you top up with yesterday? - I could not spot your buys amongst all those sells? - or was it just more hot air?
Baza
bhunt1910
- 12 May 2005 11:07
- 162 of 416
Nice bounce today - but I still have not seen any news - sommething is afoot ??
Baza
bhunt1910
- 12 May 2005 15:52
- 163 of 416
Must confess I eventually stuck my toe in the water with a modest investment @ 21p. - but based on momentum play rather than any news.
Baza
wa157te
- 13 May 2005 07:47
- 164 of 416
pro
- 13 May 2005 07:52
- 165 of 416
bhunt1910
- 13 May 2005 08:01
- 166 of 416
Morning Pro - as always your logic is a bit warped.
You never did respond to me the other day to say how many shares you had bought - especially as most of the deals were sells.
You need to explain to me how listening to you would have made me a profit.
As I recall - you tried to persuade us to buy at 25, then at 30, then at 25 - and you said that you bought at every stage.
I decided to buy in at 21 and by my reckoning - I am in profit already.
Are You ???
LOL
Baza
wa157te
- 13 May 2005 08:18
- 167 of 416
bhunt1910
- 13 May 2005 08:20
- 168 of 416
????
There is no evidence - u may be right - but I can see no justification yet - other than a momentu buy
Baza
informer
- 13 May 2005 08:30
- 169 of 416
bhunt1910
- 13 May 2005 08:48
- 170 of 416
I think the last para says it all
"The potential weakness of this company lies in communication. Dr Sutcliffe likes keeping things to himself and is notorious for not returning telephone calls. Shareholders can get very restive very quickly, as can journalists"
Baza
informer
- 13 May 2005 09:09
- 171 of 416
bhunt1910
- 13 May 2005 09:49
- 172 of 416
You forgot to add the last paragraph from the original article. So for completeness
"The potential weakness of this company lies in communication. Dr Sutcliffe likes keeping things to himself and is notorious for not returning telephone calls. Shareholders can get very restive very quickly, as can journalists"
Baza
Kivver
- 13 May 2005 10:59
- 173 of 416
this is not to you baza. but zzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzz zzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzz, same old tripe by the sad, babyish, spineless, gutless multi-poster (who cant stick to one name). Have the bottle to stand up for what you believe in.
BAZA- By the way he recons a couple of weeks ago (on another bb) he spent nearly a quarter of a million on buying shares. We have worked out he must be about 57 grand down at the moment (some pro eh!hahahahahahahahahahahaha).
How long do you think it will be before he is on a beach sipping cocktails???
I bought kmr at 16 now 24 he bought axm at 39 now 24. I see what you mean about weird logic!
informer
- 13 May 2005 11:19
- 174 of 416
bhunt1910
- 13 May 2005 11:20
- 175 of 416
Kivver - I know, sad isn't it - I think his tactics are to keep posting long posts so that mine and yours get pushed off the page so as to attract those who are perhaps a bit new to this game and get taken in by the CV's of the Board - which incidentally are excellent - but until they start publishing plans and costs etc they will remain just a speculative punt.
Baza
Kivver
- 13 May 2005 11:44
- 176 of 416
Well spotted baza - you have summed him up in one. Michael Schuamacher is good racing car driver but if he is in crap car?????????
jimmy b
- 13 May 2005 11:55
- 177 of 416
Actually Kivver Schumacher could probably win in a skoda.
Kivver
- 13 May 2005 13:01
- 178 of 416
lol, whats he driving at the moment then???? probably sinclair c5.
jimmy b
- 13 May 2005 13:05
- 179 of 416
Good point.
informer
- 15 May 2005 09:37
- 180 of 416
For the uninitiated, bhunt, kivver, ptholden and jimmy b are all the same person. He/she is a youngster who goes on various boards acting the clown.
informer
- 15 May 2005 09:38
- 181 of 416
RichieH
- 15 May 2005 19:33
- 182 of 416
Informer - what is the point of repeating the same post over and over again... unless ofcourse your blowing wind into something that doesn't merit it?
At one point I may have had an interest in this share. Guess I'll wait now until
a, the likes of you stop posting the same repeatative ramping speel
b, the company actually shows us something positive to invest in
c, Dr Sutcliffe answers his phone
bhunt1910
- 16 May 2005 00:10
- 183 of 416
RichieH - well said.
Incidentally I am not associated with Kivver or JimmyB - The only place that I have met with either of the 2 gentlemen (yes - I do know that Kivver is a chap and am assuming from the name that Jimmy is also a chap) is on the SEO thread...
I alsdo think that informers tactics are to keep on repeating the same old stuff - just so that je is the latest name on the thread.
My tactic is simple - whilst he repeats himelf - I will respond until we get some proper information about the company to stop any neubies getting the wrong impression about this share.
Can I sue for slander?
Baza
wa157te
- 16 May 2005 08:55
- 184 of 416
garymegson
- 16 May 2005 09:38
- 185 of 416
Minesite. Feature Story
Date: May 16, 2005
That Was The Week That Was . In London And Frankfurt.
Minews. Good morning London Correspondent. I see no smile on your face. Was it that bad?
LC. In London it was business as usual with the junior mining sector resuming its slide. Overall, the sector gave up just over 3 perc ent in value excluding new issues and departures to finish with an overall value of just under 6.2 billion. More than 1 billion has now been wiped off the value of Londons junior mining sector since the high point of just over 7.2 billion reached in the middle of March, and so it is not surprising that the institutional investors are shying away from making new commitments to the sector.
Even so, the week saw three new arrivals on AIM with Beowulf moving up from OFEX to join Eastern Mediterranean and Serabi Mining. By the end of the week both Eastern Mediterranean and Serabi were trading fractionally above their issue prices, which should be considered a positive result in the circumstances.
AFCAN had also planned to join the AIM last week but this was postponed at a very late stage with rumours of problems with the two largest shareholders (RAB and Caledon Resources) over the terms of the fundraising. Unsurprisingly given the state of the market, there are no new arrivals scheduled for the week to come.
Arcon Resources was delisted at the end of the week following completion of its takeover by Lundin Mining. Arcon was first listed in the mid-1980s as Conroy Petroleum and Natural Resources and for almost its entire life has been focussed on the development and operation of the Galmoy zinc-lead mine in Ireland. Galmoy has now been in production for more than a decade and at present is enjoying what is by far its best period of profitability. However, for most of its existence it has been struggling to survive in the face of weak metal prices. Indeed, were it not for the continuing support of its largest shareholder, Tony OReilly, sorry Dr Anthony O,Reilly, it would have probably gone under some while ago.
On the market there was little to be cheerful about with falls exceeding rises by a ratio of around two to one. Excepting tiny shells bouncing up and down on no news, the best performance was made by South China Resources which gained 12 per cent (0.5p) to finish at 4.5p though there was no news to report.
Of the larger companies Firestone Diamonds stood out with an 11 pe rcent gain to end the week at 144p following the announcement that Tim Wilkes had joined the company from De Beers to head up the development of the companys mineral portfolio. Mr Wilkes was previously General Manager Mineral Resource Management with De Beers and his appointment was clearly seen by the market as a strong statement that Firestone intends to accelerate the development of its portfolio.
Braemore Resources, one of the recent rash of tiny cash shells, was suspended from trading at 5.75p as it announced that it is to acquire a substantial nickel tailings retreatment project in Australia. The deal constitutes a reverse takeover under the AIM rules and so the stock will remain suspended until an admission document is published.
A few other companies did manage small gains but that was about it on the positive side for the week. On the downside the worst performer was Reefton, which lost 29 per cent to finish at 2.5p. There was no specific news to report but Reefton has been going through a particularly bumpy period which culminated in the recent resignation of its CEO.
Shareholders in recent arrival Copper Resources are having a miserable time with the stock giving up a further 25 per cent to end the week at 49.5p. This company has now managed to halve in value since it arrived on AIM only three weeks ago after raising 4 million at 100p per share. Another recent arrival that has been struggling since it arrived on AIM is Alexander Mining, which gave up a further 13 per cent to end at 22.25p. At one point the stock was trading below 20p, representing a 26 percent fall since its IPO a little over a month ago.
Out of the major producers, Highland Gold suffered the worst fall, giving up 15 per cent to finish the week at 176p. This will not please major shareholder Barrick which has just injected US$50million by acquiring new shares at 230p.
Minews. Thanks LC. Good Morning to our Frankfurt Correspondent. How was your week over there, and was there any excitement at the Stockday Mining & Exploration 2005 events in Frankfurt and Zurich ?
FC. First of all the the German mining stock market was relatively flat this week, with a few exceptions I will explain to you later on. The Stockday Event in Frankfurt on Tuesday got an audience of around 80 people and the highlight was the Gala Dinner in the famous Old Opera Building. During the day there had been around 14 presentations from different junior mining companies operating in different parts of the world. The show then moved on to Zurich, but the audience was pitiful...
Minews. Sad to hear that. Anyway, tell us more about your favourites and any rumours you picked up.
FC. To tell you the truth I have only one real favourite out of the mining companies attending this show and that was Southern Silver, , a company formed out of the shell Newcoast Silver just half a year ago. Its now run by the well known Manex Group out of Vancouver. The company acquired a few months ago a option to get a 100 per cent interest in the Pinabete concession in southern Chihuahua state in Mexico from Anglo American.. A first drilling programm will start shortly and as I was told it looks like some very exciting targets were found in the last few weeks. Very important to mention here is the fact that the geologist working on the property was involved in Western Silvers huge silver discovery in Mexico, too.
Minews. Anything else happening on the Frankfurt market last week ?
FC. Yes, I have to bring your attention to two companies I mentioned a few weeks ago. Large volume took place in Bougainville Copper, but this time sellers had the whip hand following the AGM. Aussie investors set the pace for German retail investors and the shares fell 16.5 per cent to Euros 0.40 on the week..
Minews. Now the second company which hopefully went up rather than down.
FC. Yes, the last mover and shaker is a good one for us too, because the company will attend our 1st Minesite Germany Forum on Thursday, the 24th of May in Frankfurt. Sorry for the marketing but Im just excited to see some real news and trading in the stock before our mining event will take place. Its the Canadian gold junior Tournigan Gold which is focussed on projects in Europe, mainly Northern Ireland and Slovakia. The rumour mill doesnt stop grinding of some new acquisitions on the horizon in the near term. The shares made a gain of over 10 % for the week closing at Euros 0.155 on the Frankfurt market. Hopefully more to follow on this one next week.
Minews. Ok. Thanks for the update and we look forward to hearing from you next week..
bhunt1910
- 16 May 2005 11:36
- 186 of 416
Just in case you missed the relevant info in the last post - I repeat it here
"Another recent arrival that has been struggling since it arrived on AIM is Alexander Mining, which gave up a further 13 per cent to end at 22.25p. At one point the stock was trading below 20p, representing a 26 percent fall since its IPO a little over a month ago."
Just to be clear - I am not de ramping this share as I do own shares having bought in twice at 21p - I just want to make sure there is a balanced view based on information being produced - not on historical sentiment.
Baza
Baza
Kivver
- 16 May 2005 12:11
- 187 of 416
Alex mining has fallen fallen from 39p to 22p!!!, nuff said. Watch out for people RAMPING this stock!
JP SALKELD
- 16 May 2005 12:17
- 188 of 416
A dog with fleas.
Kivver
- 16 May 2005 12:22
- 189 of 416
ITS not that good!!
JP SALKELD
- 16 May 2005 12:37
- 190 of 416
Kivver
"A dog with fleas" is/was a favourite phrase used by "Pro" to describe companies on other share BB's.
What an indictment this share is of Pro's credibility!
Kivver
- 16 May 2005 13:34
- 191 of 416
lol, nice one jp. Boasted about buying a quarter of million pounds worth on another site a few weeks ago, we have worked out he must over 50,000 grand down.
pro
- 17 May 2005 08:06
- 192 of 416
Kivver
- 17 May 2005 08:50
- 193 of 416
Kivver
"A dog with fleas" is/was a favourite phrase used by "Pro" to describe companies on other share BB's.
What an indictment this share is of Pro's credibility!
jp
lol, nice one jp. Boasted about buying a quarter of million pounds worth on another site a few weeks ago, we have worked out he must be over 50,000 grand down.
Alex mining has fallen fallen from 39p to 22p!!!, nuff said. Watch out for people RAMPING this stock!
Kivver
- 17 May 2005 13:18
- 194 of 416
I am very concerned about how far it is falling, anybody know why?? Serious replies only please.
JP SALKELD
- 17 May 2005 13:52
- 195 of 416
Kivver
I appreciate your concern. I don't hold AXM but have a small amount of POG (Peter Hambro Mining) which has drifted from ~680p to ~515p today over the last couple of months. POG has good fundamentals and over the medium to long term will perform well. I don't profess to know anything about AXM but assuming the fundamentals are similar there will come a point when the only movement can be up. When that will be, who knows?!
Not sure I've been any help but it is just nice to know that someone else is in a similar boat sometimes!
rgds
stephen801
- 17 May 2005 14:21
- 196 of 416
I can't offer any help I'm afraid because there is no common sense in the market at the moment. All I know is I'm more than fed up with it and wish I knew how long it's going to go on for. Yes, POG is a good example of an established succesful cash generative company with excellent prospects, yet I'm down over 20% on them in the last couple of months, which applies similarily to the most of the rest of my holdings that I've hung onto. When it all does turn it's going to be the best buying opportunity we will probably ever see. 'When?' is the big question.
JP SALKELD
- 17 May 2005 14:55
- 197 of 416
stephen
I agree with you completely. The current market is beyond comprehension. I have taken the approach of investing into cash rich, well run stocks that if I hold long enough HAVE to go up (BUR, POG, GKP)! My only speculative punt is DES!
Patience is the key at the moment and that doesn't come easily!
stephen801
- 17 May 2005 15:13
- 198 of 416
JP, yep, I hold some of those three (but not DES), and they are among the ones I have resisted selling because you are right, long term they HAVE to go up. I think next year I am going to heed the 'sell in May and come back later'phrase, although next year it will probably be March if there is any sign of a disproportionate downturn in sentiment lasting more than a few days like what's happened on AIM recently.
Kivver
- 17 May 2005 16:34
- 199 of 416
i think im right in saying axm is new start up with a good management, but at this moment have nothing to mine or sell when/if they find something then things will be different. Some would argue PCI has good management but look whats happened to them. Until then i would stay well away! DYOR!
JP SALKELD
- 17 May 2005 16:47
- 200 of 416
Kivver
I will never forget PCI. Still got the scars! Unless AXM are recommended by The Momentum Investor newsletter I will never hold them either!
Kivver
- 17 May 2005 18:30
- 201 of 416
lol jp, i to hold the scars of pci but their still looking and it may turn out we were a bit hasty selling the shares (but thats a different thread).
pro
- 18 May 2005 07:46
- 202 of 416
petralva
- 18 May 2005 07:47
- 203 of 416
money am can you not ban this user pro1!`
wa157te
- 18 May 2005 07:48
- 204 of 416
bhunt1910
- 18 May 2005 07:53
- 205 of 416
?
?
?
?
?
Kivver
- 18 May 2005 11:41
- 206 of 416
Kivver
"A dog with fleas" is/was a favourite phrase used by "Pro" to describe companies on other share BB's.
What an indictment this share is of Pro's credibility!
jp
lol, nice one jp. Boasted about buying a quarter of million pounds worth on another site a few weeks ago, we have worked out he must be over 50,000 grand down. Now must be closer to 60 grand!!!!
Alex mining has fallen fallen from 39p to 21p!!!, nuff said. Watch out for people RAMPING this stock!
informer
- 19 May 2005 07:54
- 207 of 416
Kivver
- 19 May 2005 11:58
- 208 of 416
"A dog with fleas" is/was a favourite phrase used by "Pro/informer" to describe companies on other share BB's.
What an indictment this share is of Pro's/informer's credibility!
jp
lol, nice one jp. Boasted about buying a quarter of million pounds worth on another site a few weeks ago, we have worked out he must be over 50,000 grand down. Now must be closer to 60 grand!!!!
Alex mining has fallen fallen from 39p to 21p!!!, nuff said. Watch out for people RAMPING this stock!
wa157te
- 20 May 2005 08:16
- 209 of 416
wa157te
- 20 May 2005 08:16
- 210 of 416
wa157te
- 20 May 2005 08:18
- 211 of 416
informer
- 20 May 2005 08:41
- 212 of 416
ptholden
- 20 May 2005 08:42
- 213 of 416
Stop your silly ramping. You must think we are kids! Since your report was released the selling has continued. What does that tell you?? You don't need to be a genius to work it out. This company has lots of promises but never delivers anything except a sliding share price. My advice to anyone holding this stock is to get rid of it quick!!!
This share should be avoided at all costs. There are more sellers than buyers in the market -what does that tell you???
By the way, selling already more than twice outnumbers buying today -again!!!
ptholden
- 20 May 2005 08:42
- 214 of 416
Stop your silly ramping. You must think we are kids! Since your report was released the selling has continued. What does that tell you?? You don't need to be a genius to work it out. This company has lots of promises but never delivers anything except a sliding share price. My advice to anyone holding this stock is to get rid of it quick!!!
This share should be avoided at all costs. There are more sellers than buyers in the market -what does that tell you???
By the way, selling already more than twice outnumbers buying today -again!!!
ptholden
- 20 May 2005 08:42
- 215 of 416
Stop your silly ramping. You must think we are kids! Since your report was released the selling has continued. What does that tell you?? You don't need to be a genius to work it out. This company has lots of promises but never delivers anything except a sliding share price. My advice to anyone holding this stock is to get rid of it quick!!!
This share should be avoided at all costs. There are more sellers than buyers in the market -what does that tell you???
By the way, selling already more than twice outnumbers buying today -again!!!
ptholden
- 20 May 2005 08:42
- 216 of 416
Stop your silly ramping. You must think we are kids! Since your report was released the selling has continued. What does that tell you?? You don't need to be a genius to work it out. This company has lots of promises but never delivers anything except a sliding share price. My advice to anyone holding this stock is to get rid of it quick!!!
This share should be avoided at all costs. There are more sellers than buyers in the market -what does that tell you???
By the way, selling already more than twice outnumbers buying today -again!!!
JP SALKELD
- 20 May 2005 08:50
- 217 of 416
ptholden
I think we should all ignore this thread and let "it" talk to itself in its various guises.
"It" obviously thrives on negativity.
ptholden
- 20 May 2005 08:57
- 218 of 416
Yep, JP, you're probably right, just getting annoyed at the repeat posts by the same tosser on the KMR thread.
doughboy66
- 20 May 2005 10:43
- 219 of 416
Kivver
- 20 May 2005 16:46
- 220 of 416
dont get annoyed get even!! not much argue about just look at the chart it speaks for itself!
wa157te
- 21 May 2005 21:22
- 221 of 416
informer
- 21 May 2005 21:23
- 222 of 416
Kivver
- 22 May 2005 16:29
- 223 of 416
"A dog with fleas" is/was a favourite phrase used by "Pro/informer" to describe companies on other share BB's.
What an indictment this share is of Pro's/informer's credibility!
jp
lol, nice one jp. Boasted about buying a quarter of million pounds worth on another site a few weeks ago, we have worked out he must be over 50,000 grand down. Now must be closer to 60 grand!!!!
Alex mining has fallen fallen from 39p to 21p!!!, nuff said. Watch out for people RAMPING this stock!
JP SALKELD
- 23 May 2005 09:06
- 224 of 416
Remember this Pro? Posted on another BB by yourself. Rather applicable to AXM methinks.
You may like the graph but it's the price that really matters. I told you a couple of month ago to sell at 69 pence and you scorned me. The price now is 35 pence. Once again I tell you -SELL!!! Look at AXM if you want to re-coup your losses. Trust me because I know.
wa157te
- 24 May 2005 07:34
- 225 of 416
informer
- 24 May 2005 07:43
- 226 of 416
You can see the official site at: http://www.alexandermining.com/
informer
- 24 May 2005 07:44
- 227 of 416
ptholden
- 24 May 2005 07:44
- 228 of 416
Probably will be a buy at some point, because this just keeps going DOWN. Don't be sucked in by repetitive posting. This post first appeared when the SP was 39p.....now 20p!
pro
- 24 May 2005 08:04
- 229 of 416
ptholden
- 24 May 2005 08:08
- 230 of 416
Probably will be a buy at some point, because this just keeps going DOWN. Don't be sucked in by repetitive posting. This post first appeared when the SP was 39p.....now 20p!
wa157te
- 24 May 2005 08:09
- 231 of 416
informer
- 24 May 2005 08:20
- 232 of 416
ptholden
- 24 May 2005 08:20
- 233 of 416
Guessing that there might be good news when there is no evidence to suggest so is not really a basis for investment. May pay off, but a total punt!
informer
- 24 May 2005 08:23
- 234 of 416
ptholden
- 24 May 2005 08:35
- 235 of 416
Informer
I have noticed your idiotic post on the CFP thread, thankyou for giving me the opportunity to spread the CFP word on another thread, which unlike AXM is a very STRONG BUY. So clever of you to keep posting the same stuff over and over again, it doesn't fool anybody, only your deluded self and aliases, which are so transparent I don't know why you bother. I'm quite happy to let other posters decide who knows what they are talking about. Having a day off school?
PTH
informer
- 24 May 2005 09:16
- 236 of 416
Then stop trying to deramp good shares!!!
JP SALKELD
- 24 May 2005 10:37
- 237 of 416
informer
I don't think anyone has inferred that AXM won't do well in the future. I hope it does. I don't enjoy seeing anyone making a loss. I think the point that posters are trying to make is that it does not do anyones credibility any good to promote shares as a buy when sentiment is strongly in the other direction. Add to that the rubbishing of other shares without good reason/reasoned research and this is what happens (negative comments are returned). Sometimes, even when a stock has glittering prospects, circumspection is often required until the right time. If we are all honest, I'm sure we've all been guilty of the same mistake at times.
All the best.
Kivver
- 24 May 2005 10:57
- 238 of 416
whats the future, 40 years is the future. Its like you said a total punt. A 50/50 bet. A great and the best way to lose money.
informer
- 24 May 2005 16:00
- 239 of 416
Kivver
- 24 May 2005 16:36
- 240 of 416
"A dog with fleas" is/was a favourite phrase used by "Pro/informer" to describe companies on other share BB's.
What an indictment this share is of Pro's/informer's credibility!
jp
lol, nice one jp. Boasted about buying a quarter of million pounds worth on another site a few weeks ago, we have worked out he must be over 50,000 grand down. Now must be closer to 60 grand!!!!
Alex mining has fallen fallen from 39p to 21p!!!, nuff said. Watch out for people RAMPING this stock!
informer
- 24 May 2005 20:52
- 241 of 416
Kivver
- 25 May 2005 08:33
- 242 of 416
"A dog with fleas" is/was a favourite phrase used by "Pro/informer" to describe companies on other share BB's.
What an indictment this share is of Pro's/informer's credibility!
jp
lol, nice one jp. Boasted about buying a quarter of million pounds worth on another site a few weeks ago, we have worked out he must be over 50,000 grand down. Now must be closer to 60 grand!!!!
Alex mining has fallen fallen from 39p to 21p!!!, nuff said. Watch out for people RAMPING this stock!
pro
- 25 May 2005 09:03
- 243 of 416
MRSmoneypenny
- 25 May 2005 09:03
- 244 of 416
bhunt1910
- 25 May 2005 09:11
- 245 of 416
Informer - This share will need a double dose of Viagra to get it back up to where you were recommending it. Do us all a favour and let the company do the marketing. You are simply underminiing its credibility - or is that what you are trying to do? Have you shorted it at 35p and hoping to drive the price down by repeatedly posting the same stuff that is in the heading post. I wonder if Matt Sutcliffe realise how much damage you are doing on this thread - to his company!!
Baza
pro
- 25 May 2005 09:29
- 246 of 416
MRSmoneypenny
- 25 May 2005 09:30
- 247 of 416
Alexander Mining rose 0.75p to 21.75p yesterday after an upbeat presentation by chief executive Matt Sutcliffe at London's Home House.
Up again today also -nearly 5% at the moment.
Kivver
- 25 May 2005 10:05
- 248 of 416
woooooooo hoooooooooooo wow weeeeeeeeeeeeeeeeeeeeeeeee!!!!! 23p from 39p FANTASTIC!!!!!!
Kivver
- 25 May 2005 10:06
- 249 of 416
"A dog with fleas" is/was a favourite phrase used by "Pro/informer" to describe companies on other share BB's.
What an indictment this share is of Pro's/informer's credibility!
jp
lol, nice one jp. Boasted about buying a quarter of million pounds worth on another site a few weeks ago, we have worked out he must be over 50,000 grand down. Now must be closer to 60 grand!!!!
Alex mining has fallen fallen from 39p to 23p!!!, nuff said. Watch out for people RAMPING this stock!
pro
- 25 May 2005 10:27
- 250 of 416
pro
- 25 May 2005 10:28
- 251 of 416
bhunt1910
- 25 May 2005 10:28
- 252 of 416
The potential weakness of this company lies in communication. Dr Sutcliffe likes keeping things to himself and is notorious for not returning telephone calls.
pro
- 25 May 2005 10:31
- 253 of 416
pro
- 25 May 2005 10:32
- 254 of 416
pro
- 25 May 2005 11:47
- 255 of 416
bhunt1910
- 25 May 2005 11:49
- 256 of 416
Pro - on what basis is the price starting to move up - what has changed please ?
Baza
pro
- 25 May 2005 11:58
- 257 of 416
bhunt1910
- 25 May 2005 12:21
- 258 of 416
Pro - sorry - you did not answer the question - What was it that Matt Sutcliffe said that "the city liked and heard".
I cannot find any comment anywhere on what was said?
Thanks
Baza
Kivver
- 25 May 2005 12:41
- 259 of 416
"A dog with fleas" is/was a favourite phrase used by "Pro/informer" to describe companies on other share BB's.
What an indictment this share is of Pro's/informer's credibility!
jp
lol, nice one jp. Boasted about buying a quarter of million pounds worth on another site a few weeks ago, we have worked out he must be over 50,000 grand down. Now must be closer to 60 grand!!!!
Alex mining has fallen fallen from 39p to 22p!!!, nuff said. Watch out for people RAMPING this stock!
petralva
- 25 May 2005 12:41
- 260 of 416
what i would like to know is......
what did sutcliffe do with the 4.2m pre-placing?
Kivver
- 25 May 2005 12:53
- 261 of 416
woooooooo hoooooooooooo wow weeeeeeeeeeeeeeeeeeeeeeeee!!!!! 23p from 39p FANTASTIC!!!!!!
StarFrog
- 25 May 2005 13:54
- 262 of 416
pro - "They are responding by upgrading the stock whilst the public are responding by buying the stock".
Who are upgrading the stock? I have seen no notes from any city analysts supporting this. Please correct me.
garymegson
- 25 May 2005 13:57
- 263 of 416
Got this off iii.
Artemis Small Cap.
one of the best performing small cap funds has recently bought into AXM...
pro
- 25 May 2005 14:25
- 264 of 416
petralva
- 25 May 2005 14:33
- 265 of 416
and thirdly dont react to his posts!lol............
Kivver
- 25 May 2005 14:35
- 266 of 416
woooooooo hoooooooooooo wow weeeeeeeeeeeeeeeeeeeeeeeee!!!!! 23p from 39p FANTASTIC!!!!!! Look every body it went up 0.25p today!!! Beware of people RAMPING this share!!
bhunt1910
- 25 May 2005 15:18
- 267 of 416
Pro - will you please answer my post requesting the information that Matt Sutcliffe produced in his briefing to analysts yesterday which "the city reacted positively to"..
I am assuming that you do know what Matt Sutcliffe said - that the city liked?
No - I didn't think so -
You do realise that you are doing more damage than good - dont you??
Baza
bhunt1910
- 25 May 2005 15:22
- 268 of 416
Pro - re your post 263 - How do we know whether we like AXM or not when there is no information about the company - only a resume of the CV's of its illustrious directors. This might be a differentiator if only we had some information about what was going on!
Baza
Kivver
- 25 May 2005 15:48
- 269 of 416
Thats the problem Baza there is nothing is going on. A good managemnt team have set up a mining business with nothing to sell. When and if they announce they are going to dig/drill for something the fundamentals change until then it is complete and utter punt. But then there are no guarantees they will find something. Look at petroceltic (pci) a very similar business (a good management team apart from they are looking for oil).
bhunt1910
- 25 May 2005 15:58
- 270 of 416
I know - and all this plonker does is ramp up hot air and undermine any good news that might be coming out.
Mind you - if you were 50k+ down what would you do - I guess I do feel sorry for him in that respect as no one likes to see anybody loose money.
Baza
Kivver
- 26 May 2005 00:14
- 271 of 416
Apart from one person, the very one you feel sorry for!!! Ill be keeping my eye on this company (but lets keep it a secret).
bhunt1910
- 26 May 2005 07:54
- 272 of 416
Pro - sorry - you did not answer the question - What was it that Matt Sutcliffe said that "the city liked and heard".
I cannot find any comment anywhere on what was said?
Baza
wa157te
- 26 May 2005 09:36
- 273 of 416
informer
- 26 May 2005 09:37
- 274 of 416
pro
- 26 May 2005 09:46
- 275 of 416
bhunt1910
- 26 May 2005 10:11
- 276 of 416
Pro - sorry - you did not answer the question
What was it that Matt Sutcliffe said that "the city liked and heard".??
I cannot find any comment anywhere on what was said? - perhaps you dont know??
Baza
Kivver
- 26 May 2005 10:20
- 277 of 416
You know i said how long will it be before shares mag drop AXM from their mining portfolio. Well they've done it at 40% loss in favour of Avocet Mining. Dont say i dint warn you. Beware the RAMPERS.
garymegson
- 26 May 2005 10:30
- 278 of 416
Just goes to show how much they know......
bhunt1910
- 26 May 2005 10:56
- 279 of 416
Pro - sorry - you did not answer the question
What was it that Matt Sutcliffe said that "the city liked and heard".??
I cannot find any comment anywhere on what was said? - perhaps you dont know??
Baza
bhunt1910
- 26 May 2005 11:03
- 280 of 416
Can anyone answer the question that Pro does not seem to know the answer to?
What was it that Matt Sutcliffe said to the city that they liked and heard" ??
One of you rampers must have received and analysed the information before you started to recommend this share to everyone - or is it that you have made such heavy losses yourselves that you want to encourage anyone without any experience in to try and talk the price up so that you can recover your losses?
I genuinely feel sorry for you if you have lost money - but I despise your tactics if you are trying to offset your losses by rampimg this share to encourage lesser experienced investors to invest so that you can recover your losses.
Fair enough if you have some information to share - but clearly you have not - otherwise you would have posted it on this thread like a shot.
For those that dont know what they are doing - stay clear of this share until there is some tangible evidence of its potential (or not). For those with more experience - then DYOR and make your own decision
Baza
Kivver
- 26 May 2005 12:07
- 281 of 416
You know i said how long will it be before shares mag drop AXM from their mining portfolio. Well they've done it at 40% loss in favour of Avocet Mining. Dont say i dint warn you. Beware the RAMPERS.
garymegson
- 26 May 2005 15:23
- 282 of 416
Just goes to show how much they know......
Kivver
- 26 May 2005 15:40
- 283 of 416
They know it has fallen from 39p to 21p and is likely to get relegated from most portfolios. Any coincedence garymegson????
bhunt1910
- 26 May 2005 15:55
- 284 of 416
This is a true mining share - it keeps going down !!
Baza
bhunt1910
- 27 May 2005 08:51
- 285 of 416
Morning Pro, Informer, Mrs Moneypenney and all other rampers.
Have you beeen able to find out what it was that Matt Sutcliffe said "which the city liked"
It would really be nice to find out
But you seem to have gone strangely quiet - so am assuming you cannot be real pros as you profess to be - least ways not in Investing.
Will welcome any information based on fact and other than what is already contained in the header post
Baza
pro
- 27 May 2005 08:53
- 286 of 416
bhunt1910
- 27 May 2005 09:17
- 287 of 416
With respect Pro - this is not information - simply reporting that there was a presentation. Moving the price by 0.75 is hardly a positive response by the city - its not even luke warm
What I (and others) want to know is what the content was. As a pro who professes to be in the know about this share - you must have some information about the presentation - but I guess you dont have any at all - otherwise you would have posted it by now. You are just an observer who did not do his homework and invested a stack of dosh on the back of what others said - and it looks like you have lost over 50k (from your previous posts) - and now you are trying to sucker others in so that you can recover your losses.
I am sorry that you ave lost money - but please dont try and sucker others into the same trap that you fell in to
LOL
Baza
Kivver
- 28 May 2005 07:51
- 288 of 416
pro/informer, it looks like its ''a dog with fleas'' mate. I am sure an apology wouldnt go amiss.
pro
- 28 May 2005 09:15
- 289 of 416
pro
- 28 May 2005 09:15
- 290 of 416
ptholden
- 28 May 2005 11:13
- 291 of 416
Current price 20.75p. Downward trend continues from Pro's original tip at 39p.
informer
- 29 May 2005 08:12
- 292 of 416
informer
- 29 May 2005 08:13
- 293 of 416
wa157te
- 29 May 2005 08:16
- 294 of 416
wa157te
- 29 May 2005 08:17
- 295 of 416
ptholden
- 29 May 2005 08:53
- 296 of 416
Current price 20.75p. Downward trend continues from Pro's original tip at 39p.
wa157te / pro / informer / Mrsmoneypenny same person posting same old repetitve information. A dog with fleas.
bhunt1910
- 29 May 2005 10:00
- 297 of 416
With respect Pro - this is not information - simply reporting that there was a presentation. Moving the price by 0.75 is hardly a positive response by the city - its not even luke warm
What I (and others) want to know is what the content was. As a pro who professes to be in the know about this share - you must have some information about the presentation - but I guess you dont have any at all - otherwise you would have posted it by now. You are just an observer who did not do his homework and invested a stack of dosh on the back of what others said - and it looks like you have lost over 50k (from your previous posts) - and now you are trying to sucker others in so that you can recover your losses.
I am sorry that you ave lost money - but please dont try and sucker others into the same trap that you fell in to
LOL
Baza
brad pitt lookalike
- 30 May 2005 08:08
- 298 of 416
edited by moneyam
bhunt1910
- 30 May 2005 12:06
- 299 of 416
Oh dear, oh dear, oh dear - how churlish - still I guess thats what you might expect from someone trying to ramp AXM - Some people just never grow up - and still there is no news about AXM!!
PS I bought 1.5m shares in SEO at an average price of 10p so I am showing a small profit at the moment - How are you doing on AXM? = No - I thought not!!
Nuff said
LOL
Baza
wa157te
- 30 May 2005 18:10
- 300 of 416
bhunt1910
- 30 May 2005 18:37
- 301 of 416
So will I - once I see something to back - I dont back reputations - Look at what happened to Robert Maxwell!!
LOL
Baza
informer
- 31 May 2005 07:54
- 302 of 416
You can see the official site at: http://www.alexandermining.com/
If you have a specific query please contact:
Matt Sutcliffe on +44 (0) 7887 930 758
Media and communications: press@alexandermining.com
St Swithins (public relations):
Gary Middleton on +44 (0) 20 7929 4391 or +44 (0) 7951 603 289
Address:
8th Floor, Manfield House
1 Southampton Street,
London WC2R 0LR
Tel: 00 44 207 240 7600
Fax: 00 44 207 240 9555
Alexander Mining has raised around 20m at 30p a share from institutions on top of 4.2m raised over the past year in private placings. It is expected to be capitalised at around 40m when it floats.
Alexander has been set up by Matt Sutcliffe, the former head of mining at Williams de Broand a director of corporate finance at Evolution Group, the City brokers. Sutcliffe is one of the City's most highly regarded characters in mining finance and is sure to have a strong institutional following, having listed a number of winners in his days as an adviser.
Alexander has assembled an attractive portfolio of projects in gold, silver and copper in Peru and Argentina and expects to be producing copper within the next 18 to 24 months. Sutcliffe will be well funded and has put together an impressive board that looks well worth backing.
Essentially Alexander Mining is kicking off with three projects in Argentina and one in Peru as another one in Peru is still being negotiated. Asked which of them will be given priority the answer from Dr Sutcliffe is Juramento, Juramento, Juramento, so there does not seem to be much doubt about that. It is a sedimentary hosted copper silver deposit in north west Argentina which was previously explored by Paramount Ventures and Finance between 1994 and 1997. At the end of that period a total drill indicated resource of 44.7 million ozs at 0.8% copper and 21.8 g/t silver was announced. The Alexander team reckon that the mineralization continues beyond the two areas previously drilled and would be easy to mine as Juramento is a hill. Drilling will commence in the first half of this year as well as preliminary engineering studies and metallurgical testwork. Start at the rate you intend to carry on is the cry and Dr Sutcliffe is flying out to Argentina next week for a long stay.
The Trinidad silver project and the Rachaite gold/silver/base metal projects are also in the northwest of Argentina which makes things easier to manage. Trinidad is a short distance to the north and east of the La Providencia silver mine where Cardero Resources has reported very high silver values. It lies on the northern continuation of the graben which surrounds the mine and is surrounded by Carderos Ramona licence area. Rachaite is a potentially large porphyry target situated in a favourable structural environment. Western Mining did some sampling there in 1997; it is in the same region as the big Alumbrera and Taca Taca mines; and Alexander intends to get drilling this year.. Lastly, there is the Sulcha epithrmal gold silver deposit in the Andes mountains of Peru. A widespead , mineralised outcrop has attracted local artisan miners and recent samples assayed up to 8.12 g/t gold and 1,195 g/t silver. It is also close to the Alto Chicama mine owned by Barrick with 9 million ozs gold in reserves.
An interesting portfolio and well spread geographically and in metals. All the earn-in deals on them are back-end loaded which is a sensible approach as it limits financial risk. In other words there are no up-front payments, just annual expenditure on exploration and a capped royalty if production ensues. Any project that does not live up to expectations can be dumped and the company can move on.
Directors:
Name - Role
Matthew Leslie Sutcliffe - Chairman and Chief Executive Officer
John Russell Hodder - Business Development Director
James William Ashcroft - Non-executive Director
James Snaddon Bunyan - Non-executive Director
David Robert Norwood - Non-executive Director
Person(s) interested
Pre Admission Matt Sutcliffe 16.07% Stephane Lamoine 10.53% Arc Securities 4.67% Gold Equity Holdings 4.34% Irvine Securities 3.54% Alker Investment Holdings Ltd. 3.05% After Admission Matt Sutcliffe 8.11% Stephane Lamoine 5.31%
The directors are locked in for 2 years
Matt Sutcliffe, the former head of mining at Williams de Broe and a corporate finance director at City brokers Evolution Group, has set up the group. He is one of the City's most highly regarded figures in mining and is sure to have a strong institutional following.
Alexander has assembled an attractive portfolio of projects in gold, silver and copper in Peru and Argentina and expects to produce copper in the next 18-24 months. Sutcliffe will be well funded and has put together an impressive board that looks well worth backing.
It is involved in mining exploration and intends to grow rapidly into a low cost and highly profitable diversified metal producer.
This represents a very strong buy.
Alexander Mining Well Funded For Its South American Adventures.
The boy done good as trainers of boxers used to say of their winners. Matt Sutcliffe, erstwhile mining engineer and brokers mining analyst and now executive chairman of Alexander Mining deserves the plaudit. At a time when the market for junior mining stocks in London was looking a shade droopy, to say the least, the money flowed into a placing of shares in his company prior to its listing on AIM. The company was looking for 12 million and closed the doors at 20 million having had offers of considerably more. On this basis there should a reasonable secondary market as a number of applicants were scaled down. Unfortunately no information is given about the largest shareholders in the company before and after the listing, apart from the directors.
He should also be congratulated for cementing a deal with Dennis Thomas, the eponymous head of Thomas Mining Associates, well known as a job finder for the mining industry. As an adjunct to his business Thomas had built up a portfolio of promising projects which he had secured via letters of intent using his database of 20,000 professionals in the mining industry.. Sutcliffe picked these over and has negotiated earn-in agreements on what he considered to be the five best. This must have taken considerable patience as Thomas is not an easy man to pin down.
There will be more in the pipeline as Alexander Mining has rights of first refusal on the rest and can choose to take them or let Thomas Mining Associates Project Investments shunt them on to third parties. A 45 per cent holding was acquired in TMAPI through payment of 30,000 plus monthly payments of 10,800 which continue as long as all parties are in harmony. The database of mining industry personnel was also handed over to TMAPI so Sutcliffe, who now uses the title of Dr, will not have to go far to find additional specialists as and when required. It is worth pointing out at this stage that he is not confined to TMAPI as a source of projects, but can seek them by all the usual routes.
He has already built a useful team around him. John Hodder is the only other executive as director of business development and he started life as a geologist in Australia on base metals, gold and oil projects. After a time in the UK oil industry he moved to CDC Capital Partners where he became head of the Minerals, Oil and Gas Sector. At senior management level Eileen Carr needs no introduction in London as chief financial officer. Stephane Lamoine, the business development manager is a chartered engineer who, as a mining finance specialist, has worked for a number of leading fund management and broking houses in Europe. Angus Innes is well qualified to be head of operations in South America as he was exploration manager for Billiton in Argentina and Bolivia before becoming a consultant geologist to several mining and exploration companies in South America where he is based.
Essentially Alexander Mining is kicking off with three projects in Argentina and one in Peru as another one in Peru is still being negotiated. Asked which of them will be given priority the answer from Dr Sutcliffe is Juramento, Juramento, Juramento, so there does not seem to be much doubt about that. It is a sedimentary hosted copper silver deposit in north west Argentina which was previously explored by Paramount Ventures and Finance between 1994 and 1997. At the end of that period a total drill indicated resource of 44.7 million ozs at 0.8% copper and 21.8 g/t silver was announced. The Alexander team reckon that the mineralization continues beyond the two areas previously drilled and would be easy to mine as Juramento is a hill. Drilling will commence in the first half of this year as well as preliminary engineering studies and metallurgical testwork. Start at the rate you intend to carry on is the cry and Dr Sutcliffe is flying out to Argentina next week for a long stay.
The Trinidad silver project and the Rachaite gold/silver/base metal projects are also in the northwest of Argentina which makes things easier to manage. Trinidad is a short distance to the north and east of the La Providencia silver mine where Cardero Resources has reported very high silver values. It lies on the northern continuation of the graben which surrounds the mine and is surrounded by Carderos Ramona licence area. Rachaite is a potentially large porphyry target situated in a favourable structural environment. Western Mining did some sampling there in 1997; it is in the same region as the big Alumbrera and Taca Taca mines; and Alexander intends to get drilling this year.. Lastly, there is the Sulcha epithrmal gold silver deposit in the Andes mountains of Peru. A widespead , mineralised outcrop has attracted local artisan miners and recent samples assayed up to 8.12 g/t gold and 1,195 g/t silver. It is also close to the Alto Chicama mine owned by Barrick with 9 million ozs gold in reserves.
An interesting portfolio and well spread geographically and in metals. All the earn-in deals on them are back-end loaded which is a sensible approach as it limits financial risk. In other words there are no up-front payments, just annual expenditure on exploration and a capped royalty if production ensues. Any project that does not live up to expectations can be dumped and the company can move on. The potential weakness of this company lies in communication. Dr Sutcliffe likes keeping things to himself and is notorious for not returning telephone calls. Shareholders can get very restive very quickly, as can journalists, if they feel they are being ignored. No good shedding the job on a non-exec, Matt, stay on the air and you could be on a good thing.
informer
- 31 May 2005 07:56
- 303 of 416
Alexander Mining rose 0.75p to 21.75p on Tuesday May 24 after an upbeat presentation by chief executive Matt Sutcliffe at London's Home House.
It did so on the basis that the city is taking to what Matt Sutcliffe said at the presentation. It was the first public presentation made by the company and the city liked what they saw and heard. They responding by upgrading the stock whilst the public are responding by buying the stock.
ARTEMIS Fund Manager's recent comment also shows how those in professional capacity are also warming to the stock; "... We have increased our mining exposure through purchases of Alexander Mining and Jonpol Explorations..."
bhunt1910
- 31 May 2005 07:58
- 304 of 416
Morning Pro, Informer, Mrs Moneypenney and all other rampers.
Have you beeen able to find out what it was that Matt Sutcliffe said "which the city liked"
It would really be nice to find out
But you seem to have gone strangely quiet - so am assuming you cannot be real pros as you profess to be - least ways not in Investing.
Will welcome any information based on fact and other than what is already contained in the header post
Baza
wa157te
- 31 May 2005 08:00
- 305 of 416
IanT(MoneyAM)
- 31 May 2005 08:43
- 306 of 416
we have removed a poster from this thread due to personal abuse.
wa157te
- 31 May 2005 08:53
- 307 of 416
Kivver
- 31 May 2005 14:06
- 308 of 416
Despite the constant RAMPING by pro/informer/wa157te the share prize has quickly fallen (and is still falling) from 39p to now 20p YES NEARLY 50%.
'If you lie with dogs you catch fleas'!! You have been warned!!
This share is that bad shares mag dropped it from their moining portfolio at a massive loss!!
wa157te
- 01 Jun 2005 10:10
- 309 of 416
bhunt1910
- 01 Jun 2005 22:53
- 310 of 416
Yep - had a look at the official site - not a lot there to fill you with confidense either.
There are still no facts about this share - avoid until something positive is published - or risj losing your shirt like all the other rammmpers on this thread.
Baza
bhunt1910
- 02 Jun 2005 11:12
- 311 of 416
Looks like this one has sunk some very deep shafts as it seems to be mining new depths @ 20p
Baza
stephen801
- 02 Jun 2005 11:35
- 312 of 416
Not a whisper from them since floating despite a 50% decline in sp. I'm out.
pro2
- 03 Jun 2005 09:18
- 313 of 416
joelee
- 03 Jun 2005 09:19
- 314 of 416
"Investors Chronicle" today (3rd June)tipped Alexander Mining. Two week ago ARTEMIS Fund Manager's also showed how those in professional capacity are also warming to the stock; "... We have increased our mining exposure through purchases of Alexander Mining and Jonpol Explorations..."
fgh
- 03 Jun 2005 09:25
- 315 of 416
There's a lot of buying of Alexander Mining today. Something happening??
stephen801
- 03 Jun 2005 10:43
- 316 of 416
So, why has the sp gone down again today? You're at the mercy of the MM's.
bhunt1910
- 03 Jun 2005 10:55
- 317 of 416
This may be a fantastic company - but they are the pits as regards Investor Relations.
They just do not seem to want to communicate about targets, plans or achievements and they do not seem to care a monkeys that some of their investors have lost half of their original investment.
I bought a small "punt" at 20p - but for most I would steer clear until some news is forthcoming. The crap that keeps on getting posted tells you nothing about progress - just what a good team they have etc.
What we need is rea; news on which to take a view - inho
Baza
stephen801
- 03 Jun 2005 11:08
- 318 of 416
bhunt1910, well said. In the face of a 50% decline since floating the least they could have done is say something about what they are doing! All you can assume is they're blowing the money and haven't got time to.
fgh
- 03 Jun 2005 11:38
- 319 of 416
"Investors Chronicle" today (3rd June)tipped Alexander Mining. Two week ago ARTEMIS Fund Manager's also showed how those in professional capacity are also warming to the stock; "... We have increased our mining exposure through purchases of Alexander Mining and Jonpol Explorations..."
mr pod
- 03 Jun 2005 11:48
- 320 of 416
stephen801
- 03 Jun 2005 11:53
- 321 of 416
Shares mag recommended this some time ago, and recently sold out at a 40% loss. What makes IC any better?
petralva
- 03 Jun 2005 12:04
- 322 of 416
just back from some shopping so had a quick flick at axm in ic
they are mapping currently at rachitea and are planning a 10000m drill exstension at juramento analysts quote as saying "if this find turns out to be better than expected it could rival the biggest resource of copper in the world" and if so axm "could" be worth 2.00 alone in a couple of years.
there words not mine!
mr pod
- 03 Jun 2005 13:45
- 323 of 416
Fact 1: Today saw "Investors Chronicle" strongly recommend Alexander Mining as an investment.
Fact 2: Artemis Fund bought into AXM two weeks ago (and I for one would much rather take note of their investments than yours)
Fact 3: More AXM shares have been bought today than in the whole of the past month.
fred5791
- 03 Jun 2005 13:58
- 324 of 416
joelee
- 03 Jun 2005 17:51
- 325 of 416
ptholden
- 03 Jun 2005 18:00
- 326 of 416
joelee=fred5791=mr pod=pro=wa157te=informer?
thought you had been banned? must spend more time creating new 'logins' than doing anything else. glad all my shares don't 'finish the day well' 'neither up or down' not a good recipe for making money. However, when AXM doesn't go down, I suppose that can be considered a good day!!
fgh
- 04 Jun 2005 08:45
- 327 of 416
mr pod
- 04 Jun 2005 08:57
- 328 of 416
fred5791
- 04 Jun 2005 09:04
- 329 of 416
ptholden
- 04 Jun 2005 15:01
- 330 of 416
joelee=fred5791=mr pod=pro=wa157te=informer=fgh=?
Why the postings? Simple, because you are desperately ramping this company to the limit in a puerile attempt to prop up the share price and suck in 'newbie' investors who perhaps don't know any better. You have no credibility whatsoever and have probably managed to put more people off buying this share by posting the same stuff over and over and over again under multiple aliases. You have just been removed and banned from Money AM under one of your other 'names' so why don't you give up and stay on ADVFN where you continue to have conversations with no-one but yourself?
For your information, I do not post under any other name but my own, unlike your childish self who uses mutiple names. Also, you don't know if I have an interest in AXM or not. If I wish to post on here and make it clear to others what a ramper you are, then that is expressing my freedom of speech, if you don't like it, get lost!
PTH
joelee
- 04 Jun 2005 19:33
- 331 of 416
fred5791
- 04 Jun 2005 19:35
- 332 of 416
ptholden
- 04 Jun 2005 23:48
- 333 of 416
joelee
Well, you would agree with fgh's views, because you are the same person. And as you are also Fred5791, can't say I am surprised that you have 'now decided to invest in AXM' I can only assume you are topping up your previous holdings, which judging by your previous posts means you are currently sitting on a 50,000 loss. Honesty, don't make me laugh, you have no understanding of the word, if you did, you would post under one name and one name only. Attempting to generate interest in this stock through using multiple logins is hardly a display of honesty, but a blatant attempt to mislead. You would gain more credibilty by using just the one 'handle' and to stop the same repeat posts, but I guess you don't understand that. Don't forget you're banned from Money AM, oh, and get a life!
For the record, AXM proably has as much chance as any other fledgling resource company to turn over a profit. Clearly, the recent tip in IC raised the visibility of the stock and it may now have the opportunity to stop the rot in the SP downtrend. However, they have a long way to go before actually getting anything out of the ground, so the jury remains out. A speculative punt.
pth
fgh
- 05 Jun 2005 08:26
- 334 of 416
joelee
- 05 Jun 2005 08:27
- 335 of 416
fred5791
- 05 Jun 2005 08:31
- 336 of 416
fgh
- 05 Jun 2005 08:44
- 337 of 416
mr pod
- 05 Jun 2005 08:55
- 338 of 416
ptholden
- 05 Jun 2005 10:14
- 339 of 416
Being personal with other posters? Meaning you and your multiple ramping aliases. You have no idea what were sell or buys, so stop trying to mislead. Why not show a little honesty and also stop posting under different names. Anyway, you should thank me for showing an interest, without my postings you would be talking to yourself!
Don't forget you have been banned from AM, tells everyone all they need to know about your ramping activities.
Have a nice day
fgh
- 05 Jun 2005 10:29
- 340 of 416
ptholden aka stephen801 aka doughboy66 aka bhunt1910 and kivver -why don't you belt up and go back to school. Throughout this thread, you have continuously made silly unfounded comments and contributed nothing positive. You are always being personal with other posters but what about some constructive comments on AXM??? Obviously you are not interested in AXM so why the postings???
Your silly deramping efforts are fooling nobody. Stick to the 19th hole!!!
fred5791
- 05 Jun 2005 12:08
- 341 of 416
mr pod
- 05 Jun 2005 12:11
- 342 of 416
Regarding Fridays trades,the first batch of trades with the price at 21-22p were all shown as sells on the ADVFN site as deals were at around 21.35. Some bought at this price but the trades were shown as sells and my feeling is that all the others were buys as well.
Whatever the case, one thing is for certain. It was certainly a very strong tip for the "Investors' Chronicle" who are usually a little more cautious.
fgh
- 05 Jun 2005 12:15
- 343 of 416
ptholden
- 05 Jun 2005 12:50
- 344 of 416
fgh / mr pod / fred5791
Serious question.
Are you deleting the content of all your previous posts? They all seem to be disappearing?
mr pod
- 05 Jun 2005 22:49
- 345 of 416
Serious question: Why aren't you in the 19th???
ptholden
- 05 Jun 2005 23:14
- 346 of 416
Note: Rampers / bashers never answer direct questions.
In answer to your question, I am here keeping you company, because nobody else is talking to you and you are here all on your owns.
Look on the bright side, AXM look oversold and will have a better week, all is not yet lost.
mr pod
- 06 Jun 2005 08:10
- 347 of 416
tholden aka stephen801 aka doughboy66 aka bhunt1910 and kivver -why don't you belt up and go back to school. Throughout this thread, you have continuously made silly unfounded comments and contributed nothing positive. You are always being personal with other posters but what about some constructive comments on AXM??? Obviously you are not interested in AXM so why the postings???
ptholden
- 06 Jun 2005 08:12
- 348 of 416
mr pod
yet another repetitive cut and paste post. thought you were banned?
fred5791
- 06 Jun 2005 08:18
- 349 of 416
AXM finished the week well. The price retained stability with more shares being bought on Friday than over the entire last month. This shows how the stock is now becoming recognised as an investment opportunity after being on the market for just two months.
If you read posting 1 of this thread then you will read all you need to know about the company. The price right now is, to my mind, very cheap and represents an excellent investment in the making. It is because the price is 33% lower than the IPO of two month ago that I have now decided to invest in AXM.
Alexander Mining are mapping currently at Rachitea and are planning a 10000m drill exstension at Juramento. Analysts are quoted as saying "if this find turns out to be better than expected it could rival the biggest resource of copper in the world" and if so axm "could" be worth 2.00 alone in a couple of years.
Thses are there words not mine!
It is because the price is so low that I have now decided to invest.
Something is happening. People like Artemis Investment Fund are investing real money in the company and "Investors Chronicle" -a very respected and influential business publication- have just tipped it strongly. If you read posting 1 of this thread then you will read all you need to know about the company. The price right now is, to my mind, very cheap and is an excellent investment in the making.
fred5791
- 06 Jun 2005 08:18
- 350 of 416
AXM finished the week well. The price retained stability with more shares being bought on Friday than over the entire last month. This shows how the stock is now becoming recognised as an investment opportunity after being on the market for just two months.
If you read posting 1 of this thread then you will read all you need to know about the company. The price right now is, to my mind, very cheap and represents an excellent investment in the making. It is because the price is 33% lower than the IPO of two month ago that I have now decided to invest in AXM.
Alexander Mining are mapping currently at Rachitea and are planning a 10000m drill exstension at Juramento. Analysts are quoted as saying "if this find turns out to be better than expected it could rival the biggest resource of copper in the world" and if so axm "could" be worth 2.00 alone in a couple of years.
Thses are there words not mine!
It is because the price is so low that I have now decided to invest.
Something is happening. People like Artemis Investment Fund are investing real money in the company and "Investors Chronicle" -a very respected and influential business publication- have just tipped it strongly. If you read posting 1 of this thread then you will read all you need to know about the company. The price right now is, to my mind, very cheap and is an excellent investment in the making.
bhunt1910
- 06 Jun 2005 08:22
- 351 of 416
pth
its not worth the effort - they simply undermine their own position. When good news does come - many investors who read this BB will be reluctant to invest in this share purely and simply because of the repetitive drivel posted on this thread - although I guess serious investors will see through the crap and will be able to read the fundamentals - but at the moment - all news is simply opinion - nothing concrete on which to base an assessment on.
I repeat that I have made a small speculative "punt" - simply on the basis that this "appears" to be oversold - although I have no real information on which to base any investment on.
Baza
fgh
- 06 Jun 2005 08:49
- 352 of 416
This is a good quality share -only two months on the market and already highly tipped. Artemis Fund has also invested in the company.
One of the things that really impresses me is one of this weeks quotes from the highly valued "Investors Chronicle" which said: "If this (Juramento)find turns out to be better than expected it could rival the biggest resource of copper in the world". Now that is some statement!!!
Kivver
- 06 Jun 2005 09:00
- 353 of 416
hehehehehehhehehehehhehehhhehehehehehe where has he gone???
garymegson
- 06 Jun 2005 09:01
- 354 of 416
IC article (waldiman iii)
'Matt Sutcliffe is back from South America to reassure investors in his new company, Alexander Mining, that the recent share price fall is due to the current state of the mining equities market, and nothing to do with the quality of his company. Mr Sutcliffe - who has plenty of experience in the mining industry and in the City - presented to a well-attended lunch of key investors last week, some of whom were placing buy orders before the presentation had finished. In part, that's a measure of the quality of the copper, gold and silver assets in Peru and Argentina, and of how much of a bargain Alexander now looks, having lost nearly a third from its listing price of 30p.
Its key asset is the Juramento project in Argentina, a copper deposit where previous work has indicated a resource of 44.7m tonnes at 0.8 per cent copper and 21.8 grammes of silver per tonne. Alexander is now to embark on an ambitious 10,000m drill programme aimed at improving the existing data. The company is hoping that Juramento will provide early cash flow while it focuses on developing its other exploration assets. Perhaps optimistically, Alexander reckons that, at Rachaite, where it is currently doing geological mapping, it has a project that could rival the world-class Escondida mine in size. It also has exploration properties in Argentina and Peru.
What really underpins Alexander, though, is the outlook for the copper market. In spite of some blips in recent weeks in the price, global stocks of copper have fallen so low that there's barely enough supply to meet demand. China and India now account for over 40 per cent of demand, and that percentage is likely to increase. So a well-managed company such as Alexander, with Mr Sutcliffe - competently assisted by experienced chief finance officer, Eileen Carr - could be among the winners. Some industry watchers reckon the shares could rise to 200p in the next couple of years. Buy.'
bhunt1910
- 06 Jun 2005 09:14
- 355 of 416
Atlast - someone has posted some information from the presentation that Matt Sutccliffe did - but the report is still full of "indications" and "hopes" and "optimism" and "outlooks" and "currently undertaking".
Still no dates or targets or actuals - so in my book - still a speculative punt
Baza
starrfrog
- 06 Jun 2005 09:30
- 356 of 416
Starrfrog here and I'm jumping with joy! This share is really starting to attract a whole lot of attention from the right places!!
I'm off to buy some more!!!
bhunt1910
- 06 Jun 2005 09:47
- 357 of 416
Well - good luck - as I said I have a small stake - and I hope you are right - but I would still like to see more info before I put my whole leg in.
Baza
Kivver
- 06 Jun 2005 12:22
- 358 of 416
note ia am Kivver with a capital K. not childish pro pretending to me. IAN HAVE YOU NOTED???????i wouldnt touch this share while multiposter pro/informer etc is backing it.
lenny
- 06 Jun 2005 13:05
- 359 of 416
The price is nicely up today and there's a lot more market activity than usual.
blackbelt
- 06 Jun 2005 13:14
- 360 of 416
I do like this company for "potential" but im still reluctant to buy in. This increased activity is probably down to the IC tip but the big trades are sells. This needs news, updates to substantiate the rise without that i fear it will keep drifting lower.
If your prepared to sit on it then plenty of money could be made, good luck anyway
IanT(MoneyAM)
- 06 Jun 2005 13:48
- 361 of 416
Kivver,
Thank you for that.
Please note we have removed several posts from posters attempting to impersonate a fellow poster by mirroring their username closely. This is not tolerated and therefore the posts have been removed.
Ian
Frampton
- 06 Jun 2005 14:02
- 362 of 416
Ian and PtHolden - Have you noticed pholden on the Pace Micro thread?
IanT(MoneyAM)
- 06 Jun 2005 14:05
- 363 of 416
Frampton,
I hadn't but I have now - thanks
IAn
stuartth1309
- 06 Jun 2005 14:06
- 364 of 416
Ian, try Kenmare aswell.
ptholden
- 06 Jun 2005 14:09
- 365 of 416
Frampton
Didn't relaise I was on the PCM thread as well. It's all being taken care of.
Many thanks
the real pth!!
ptholden
- 06 Jun 2005 14:59
- 366 of 416
Baza,
lools like your punt may start to pay off this week. I did try to tell the schizophrenic one, post copied fro first thing this morning below, but clearly thought I was taking the piss. LOL
ptholden - 05 Jun'05 - 23:14 - 345 of 364 edit
Note: Rampers / bashers never answer direct questions.
In answer to your question, I am here keeping you company, because nobody else is talking to you and you are here all on your owns.
Look on the bright side, AXM look oversold and will have a better week, all is not yet lost.
good luck
pth
bhunt1910
- 06 Jun 2005 15:05
- 367 of 416
Ian - can u check out bhuntly on Kenmar thread as well please - also kivvver - with 3 v's
Ta Baza
IanT(MoneyAM)
- 06 Jun 2005 15:08
- 368 of 416
Baza,
Already sorted,
Ian
Kivver
- 06 Jun 2005 15:35
- 369 of 416
Thanks Ian, this chap must have a lot of spare time on his hands, i actually fi nd it quite funny, but it is serious if people lose money due to his blantant ramping/deramping!
garymegson
- 06 Jun 2005 15:43
- 370 of 416
'Matt Sutcliffe is back from South America to reassure investors in his new company, Alexander Mining, that the recent share price fall is due to the current state of the mining equities market, and nothing to do with the quality of his company. Mr Sutcliffe - who has plenty of experience in the mining industry and in the City - presented to a well-attended lunch of key investors last week, some of whom were placing buy orders before the presentation had finished. In part, that's a measure of the quality of the copper, gold and silver assets in Peru and Argentina, and of how much of a bargain Alexander now looks, having lost nearly a third from its listing price of 30p.
Its key asset is the Juramento project in Argentina, a copper deposit where previous work has indicated a resource of 44.7m tonnes at 0.8 per cent copper and 21.8 grammes of silver per tonne. Alexander is now to embark on an ambitious 10,000m drill programme aimed at improving the existing data. The company is hoping that Juramento will provide early cash flow while it focuses on developing its other exploration assets. Perhaps optimistically, Alexander reckons that, at Rachaite, where it is currently doing geological mapping, it has a project that could rival the world-class Escondida mine in size. It also has exploration properties in Argentina and Peru.
What really underpins Alexander, though, is the outlook for the copper market. In spite of some blips in recent weeks in the price, global stocks of copper have fallen so low that there's barely enough supply to meet demand. China and India now account for over 40 per cent of demand, and that percentage is likely to increase. So a well-managed company such as Alexander, with Mr Sutcliffe - competently assisted by experienced chief finance officer, Eileen Carr - could be among the winners. Some industry watchers reckon the shares could rise to 200p in the next couple of years. Buy.'
Kivver
- 06 Jun 2005 16:32
- 371 of 416
i can only relate to garymegson to RELAGATION (wba and forest). Just like axm has been relagated from 39p at float to 23p now!! eh multiposter (and now imposter) cant you be more entertaining than the continuous repetitive posts about matt sutcliffe who also had a hand in starting regal petroleum and look whats happened to them. You have already been responsible for people losing money on afd and axm and not gaining on KMR (IF PEOPLE ARE STUPID ENOUGH TO LISTEN TO YOU), how do you sleep at night?????
joelee
- 06 Jun 2005 18:54
- 372 of 416
Up over 13% today chaps!!
I bet everyone will be sleeping soundly tonight!!!
Well, except for a few who wouldn't take the advice to buy.
Keep buying is my advice, as there's a whole lot of profit left in this one. Remember what 'Investors Chronicle' said just the other day "...If this (Juramento)find turns out to be better than expected it could rival the biggest resource of copper in the world".
Now that is some statement!!!
doughboy66
- 06 Jun 2005 20:42
- 373 of 416
FGH i can assure you that ptholden is not using doughboy66 as an alias .I have posted only once or twice on this thread as it is a joke.Bhunt1910 has got it right (its not worth the effort) you have completely undermined this stock.
The regulators of these boards are soft to allow these loonies with multiple identities on here.
The one and only doughboy66
bhunt1910
- 06 Jun 2005 20:43
- 374 of 416
Well - my small punt is already in profit - but more by luck than judgement. Would be good to get some real news rather than just speculation.
Baza
ptholden
- 06 Jun 2005 20:47
- 375 of 416
doughboy
most of the multiple identities have been weeded out for the time being, although one or two have perhaps escaped. Ian T is on the case.
Nice one Baza, should have backed my own judgement this morning!
pro2
- 07 Jun 2005 07:37
- 376 of 416
bhunt1910
- 07 Jun 2005 07:53
- 377 of 416
Morning Pro2 - I dont think you are kidding anyone - but if you must play your games - good luck - but dont spoil it for the rest?
Baza
teddi
- 07 Jun 2005 08:21
- 378 of 416
edited by moneyam - user banned
Kivver
- 07 Jun 2005 08:32
- 379 of 416
Go and get friends multiposter. There are people on here who want to have serious discussion on axm and like bhunt said you are just undermining it. We already know you are at least 50 grand down so stop playing your childish games pretending to buy at the bottom when you have already boasted about buying near the top. sad man!
pro2
- 07 Jun 2005 08:44
- 380 of 416
Can I thank you guys for bringing this share to my notice. I wouldn't have noticed it but for the regularity of posting over the past week. I ignored the few silly posters (you get them on most boards) and read the obviously relevant information. I became so impressed by the promise of the company that I decided to buy in. Hey presto! Yesterday the share went up byover 13%!!!!!
To remind others, Alexander Mining are mapping currently at Rachitea and are planning a 10000m drill exstension at Juramento. Analysts are quoted as saying "if this find turns out to be better than expected it could rival the biggest resource of copper in the world" and if so axm "could" be worth 2.00 alone in a couple of years.
Artemis Investment Fund have invested in the company and "Investors Chronicle" -a very respected and influential business publication- have just tipped it very strongly. If you read posting 1 of this thread then you will read all you need to know about the company.
bhunt1910
- 07 Jun 2005 08:47
- 381 of 416
Kivver - its not worth the effort
Baza
pro2
- 07 Jun 2005 08:57
- 382 of 416
What isn't?? If you mean deramping then you are right. Get this -People prefer to take note of facts and those in a professional capacity.
Facts are: Alexander Mining are mapping currently at Rachitea and are planning a 10000m drill exstension at Juramento. Analysts are quoted as saying "if this find turns out to be better than expected it could rival the biggest resource of copper in the world" and if so AXM "could" be worth 2.00 alone in a couple of years." !!!!!!
Artemis Investment Fund have invested real money in the company and "Investors Chronicle" -a very respected and influential business publication- have just tipped it strongly.
Anyone wanting to know about the company should read posting 1 of this thread.
bhunt1910
- 07 Jun 2005 09:07
- 383 of 416
Sorry Pro2 - we disagree - I am certainly not deramping - but others can be the judge of that. Remember I own AXM shares and want them to rise as I bought them at 20p and did not listen to you wwhen you was telling everybody to buy at 35p.
I agree that it is fact that AXM "are planninG" a 10000m drill extension - but thats all it is - it does not say when or how or what the impact will be or anything - the rest is just speculation.
I am planning to win the lottery - but I am not going to tell you when - or how much I am going to spend in winning it - or how much I win or, or, or!!!
I do not disagree with you that this company probably has potential - but at the moment it is like backing a horse in the Derby - the horse may come from a good stable and have good parentage - but that is no guarantee of a win.
I would just like a bit more factual information - not a lot of hype.
As I say - I am very pleased with my punt - which is showing a 25% profit - but I just feel sorry for all those people you beleived your ramping when this share was falling all the way down from 35p.
Baza
sherllock
- 07 Jun 2005 09:11
- 384 of 416
Don't talk garbage!
This stock is rising (price is up again today)and we only have to see what your postings have been like on this thread to know where you are coming from.
pro2
- 07 Jun 2005 09:13
- 385 of 416
It's good to see this share getting some healthy feedback on all BBs.
bhunt1910
- 07 Jun 2005 09:22
- 386 of 416
Well Sherlock - garbage or not - its just my opinion - and others can decide whether to beleive it or not. At least I am in profit on AXM - are you??
Baza
pro2
- 07 Jun 2005 09:25
- 387 of 416
I think everyone's in profit with AXM. It's getting so much publicity -and all good- so what can you expect?
bhunt1910
- 07 Jun 2005 09:34
- 388 of 416
Well Pro2 - I suspect those that bought in at 35p are still nursing a thumping great loss - like yourself - but as a professional - you would recognise that wouldn't you.
I think u just shot yourself in the foot again - because unless you have averaged down very heavily - you will stll be nursing a thumping great loss if we are to beleive the fact that you bought all those shares when they were 35p
Sorry to cast doubt and dispersion on your claim
Any way enough of this banter - I need to make some money
Baza
Bullshare
- 07 Jun 2005 16:17
- 389 of 416
We have banned a poster a number of times from MoneyAm as a result of postings on this and 2 other threads. They really are not very bright and have left their fingerprints all over the place. The matter has been reported to their ISP for action and the police notified.
Mike
MoneyAM
Kivver
- 07 Jun 2005 16:22
- 390 of 416
They?????????????
jimwren
- 07 Jun 2005 19:16
- 391 of 416
Hooray , at last some action from Money AM. Please keep it up.
bhunt1910
- 07 Jun 2005 19:19
- 392 of 416
Well done Bull share - thank you for that
baza
Rebels
- 09 Jun 2005 19:34
- 393 of 416
Wrong thread - sorry
katcenka
- 10 Jun 2005 10:40
- 394 of 416
I was told to come over and have a look here, but it seems to be about banning people and police, seems a bit severe, but then I dont know the history, any of you taken a look at TFC, and watched the news...
martinp
- 10 Jun 2005 13:53
- 395 of 416
This katcenka guy serious TFC ramper....
So.... anybody got any more info on AXM???
Martin
Kivver
- 10 Jun 2005 15:04
- 396 of 416
Research this company well. Good potential, but that is all at the moment, POTENTIAL.
bhunt1910
- 10 Jun 2005 15:06
- 397 of 416
I agree wuth Kivver - if you can afford it - it is worth a "punt" - but be prepared to loose your shirt as they are not very good at managing shareholder expectations.
Baza
katcenka
- 10 Jun 2005 16:24
- 398 of 416
yep I am a serious TFC ramper, thats because I know everything about them, sadly alot of people dont know about them..
good luck on this one gents
Kivver
- 10 Jun 2005 16:33
- 399 of 416
eh! know one said you were a ramper! good rise today. just a dangerous thing to tell people what a share is going to do. if i could do that wouldnt waste time posting on here, id spend all my time getting seriously rich!
RichieH
- 14 Jun 2005 14:27
- 400 of 416
The following is taken from minesite's review of last week and makes a good point about how little is known of AXM intentions.
"Alexander Mining also had a good week and closed up 21 per cent at 25.5p. There was no news indeed the company has yet to grace the market with news of any sort which is strange as the chairman, Matt Sutcliffe, is an old broking hand and knows the value of newsflow. Maybe he is keeping his head down as he was an adviser to Regal Petroleum before setting off to make his fortune in South America. Incidentally, Martin Rosser has just joined Alexander Mining from VSA as manager, business development London. As all the companys assets are elsewhere he should not be too This leaves VSA looking distinctly short-handed - ?is there anyone there at all? - but then the sector as a whole is chronically short of people with appropriate experience."
bhunt1910
- 15 Jun 2005 00:10
- 401 of 416
It really is difficult to judge this comapny - as the article above says - the company has yet to grace the market with any news - and this has been the biggest problem since the start. We have no idea whether this company is motoring and keeping it quiet - or i dire straights - and keeping it quiet. I still have a small speculative holding that is in profit based on nothing stronger than gut feel.
Baza
jimwren
- 15 Jun 2005 08:35
- 402 of 416
according to an article in IC a week or two ago, the Chairman had come back to the UK specifically to brief the big shareholders. Again, according to IC, the briefing had gone down well. If this is true then somebody must know something about AXM's prospects. I am the same as bhunt1910 - I too have a small holding in profit and will hold awaiting newsflow.
Kivver
- 15 Jun 2005 11:24
- 403 of 416
Companies have to report anything that should adversly effect the share price (up or down) so nothing to report then. still speculation and nothing else, good luck!
PapalPower
- 28 Mar 2007 15:09
- 404 of 416
Might be time to buy now ?? ;)
sportbilly1976
- 12 Apr 2007 16:34
- 405 of 416
was tipped this am by UK-Analyst with a sum of parts price target of at least 50p....
petralva
- 12 Apr 2007 18:00
- 406 of 416
Here it is then.......................
buy Alexander Mining at 21.75p
Says Luke Heron of WatsHot.com
I am planning a new hot tip on WatsHot.com - it will be out soon. Meanwhile here is one from a while back which still offers great value.
The AIM resource boom has flooded the worlds most dynamic market with a great deal of dross over the past few years. Due to the sheer number of opportunistic resource ventures to trip the light fantastic onto the junior exchange; the subsequent fall out across the sector has been so great as to drag many of the quality concerns down along with them. This has been both a curse and an opportunity. One such AIM traded resource venture whose quite remarkable potential is being ignored due its sector status is Alexander Mining.
The company currently has 3 projects on the go, but for the purposes of what follows, I am ignoring one. The smaller of the two that matter is a gold project at Molinetes in Peru. This is a very early stage exploration project and Alexander has a 66% stake. Grades so far are stunning and the owner of the remainder stake is a Canadian company valued at 20 million. It has few other assets. If I was running Alexander I'd float Molinetes tomorrow. It cannot be worth less than 10 million or 7.5p a share.
Away from Molinetes, we have Leon - a copper/ silver project in Argentina. Alexander has 13 million net cash and will use 11 million of that to build a processing plant and open pit mine. It needs to raise no additional equity. That mine will from Q2 2008 produce 5,000 tonnes of copper per annum at a cost of $1500 a tonne. By 2009 production will be running at 8,000 tonnes per annum. Copper currently sells for $6,000 a tonne. There is a proven resource which can produce 41,000 tonnes giving Leon a 5 year mine life. Alexander reckons it has new discoveries which could add another 5 years to the project life. I have risk weighted any output after year 5 at 50% as these extra reserves are not proven. Using a simple DCF model I value Leon at 61 million or 45p per share.
CEO Matt Suttcliffe seems to think that half of earnings from Leon could be paid out as dividends. That implies a 2008 dividend of 2.5p rising to 4p for the four years that follow. The rest of the cash from Leon would be reinvested in other activities. Value such an income stream on an 8% yield and Leon is again worth 50p per share. Whatever way one looks at Alexander, it is unquestionably worth 50p plus per share on a sum of the parts basis. Of course there are other variables, notably management. Suttcliffe is very capable indeed and will ensure value is realised at Alexander. The shares are a buy with a one year target of 50p.
Key Data:
Price:21 - 22.5p
Market: AIM
EPIC: AXM
Kivver
- 26 Feb 2008 15:48
- 407 of 416
see above ''the shares are a one year target of 50p''. Is he that good, this Luke Heron???
halifax
- 26 Feb 2008 15:58
- 408 of 416
Where is he...... monte carlo?
Kivver
- 26 Feb 2008 17:07
- 410 of 416
Looks like Luke Heron is has good as Tom Wiffy????something from T1ps.co.uk
Andy
- 27 Feb 2008 11:14
- 411 of 416
kivver,
Absolutely, shows up the tipsters for what they are IMO.
This company has under delivered on a massive scale, and treats it's shareholders appallingly by failing to communicate.
Very disappointed in Matt.
hangon
- 22 Aug 2008 16:20
- 412 of 416
Such companies are not worth supporting...let the sp fall to a realistic level when they are producing some output - that's when it can be valued.
EDIT (28Oct08) 33% fall today! - 1p - 1.5p = 50% spread - Ooer.
Significantly below the face-value, so expect CONsolidation to further wreck Shareholder-value.
Andy
- 23 Aug 2008 08:14
- 413 of 416
hangon,
I totally agree.
Not sure if or when AXM will ever produce!
They are hanging all their immediate hopes of success on this new process, but with no figures and very limitied information available it's hard to put a valuation on that.
hangon
- 04 Nov 2008 15:22
- 414 of 416
Sp has doubled today - yet no RNS for over a month....is there a leak (of good news_, or more likley a riun following a "Tip" which means that anyone looking for some good-news piles in?
Time will tell.
I don't hold,
Andy
- 04 Nov 2008 16:02
- 415 of 416
hangon,
It will be interesting to see if they were "t1pped" because they presented at a T1ps mining forum recently!
required field
- 20 Jan 2011 10:15
- 416 of 416
Been in for more than a year and at long last it has taken off....and it is isable as well...my patience is now paying off ....