Used to be Webshareshop and changed it's strategy to mineral investment a while back. Been up and down of late but looks set for growth again, good news flow this am and at last results, could hit 18p imo by xmas, no reason not given it's discount to nav, not it makes a profit and has positive, think it was just over a penny eps.

all,

No CDE news so far, and yesterday was the final day of their extended time to raise the finance, so maybe they did not close their book, and the Pechora deal fell through?

I hope not, as this would be negative for SVE, in the short term at least, as CDE constitutes SVE's largest holding by value.

Soul traders,

well the BID for CDE is now 2p!

They will have to reduce the NAV of SVE by around 1,700,000 at this price.

Bad day for Bruce, by the sound of it. not his fault though!

I'd kinda given up hope on this one but.....................what has lit a fire today?
Anyone??
Alan

Well, it ain't BLR!!

Fire? Raging inferno.....................

Nice interims for any of us still in these.

Has anybody has noticed the share price rising for the last couple days, with a BREAKOUT on the last Half an hour of trading last Friday.

SVE buying its own shares at the moment, and while the SP is historically high.

Up almost 10% today, so somebody else must have noticed.................... ;-)

Still cheap as chips??

The net asset value based on mid-market closing prices on Friday 29 June 2007
was 19.2m, which equates to 47.4 pence per share, an increase of 9.7 pence per
share since 31 March. All values are calculated on a fully diluted pre tax
basis, except that a full tax provision has been made on realised trading
profits.

Surely a rsie to 40p is not out of the question?

Regency/hambledon both on the rise again, this is knocking on 50p nav, so 40p should be on the cards, plus share buy backs and divi's, what more do you want?

RNS Today.
Company buying its own shares.
Rarely a bad sign!!

Greatland Gold, 22Million shares as of 2008, not sure if they bough more, but doing well for them. Red Rock, Kefi, Regency Mines plus numerous other all starting tobounce back with new funding and exploration finds. Could be rock bottom prices and SVE might well recover into the 30@s again.

Keep an I on this, they have a bucketful of recovering miners, not going to 40p but 15p looks possible short-term, results coming up and NAV should be creeping back to 20p, Beowulf, Kefi, Regency, RedRock, Greatland G etc are all coming back with a bit of a bang.

I see Starvest has had a couple of good days!

well, nice move again, 15p looks doable.

I'm adding to SVE, exciting possibilities, Regency Mines, Red Rock, Oracle mining, Beowulf, Greatland Gold, Sunrise Resources all marching on, Regency/Oracle and Redrock look to have huge upside. Good mid-term hold, could hit 30p+ so a 3 bag from here, sorry no ramping intended dyor, take a look at advn and all of sve's holdings.

Well as outlined, the above are going ballistic, so SVE will follow, 20p looks next target and NAV must be in 20's now, these things have almost doubled again, so as a min I have NAV, purely as guess of about 22-23p, so with such potential a small discount put us in 20p territory and if things keep going 30p is a possible but dyor, its difficult to get an exact idea of SVE's exact equity in all these and the other thing is each is investing in other JV's etc.