Mes amities a'tous..when on a secular bull run gold rises like a staircase they teach you. l personally think due to a plethora of reasons the yellow metal will be gently "talked up" to $2000 pto irrespective of the general macro picture -: but with plenty of nasty scares and ambushes to flush out the not so savvy along the way. l think the millitary call it colateral damage.-its always the same .. ....l see Jim Rogers is waxing lyricalll hard/soft comms esp. gold and silver and iron ore .....lts all part of the cycle .... akin to the rise and fall of tech stocks in the 90s, the oil boom of 2001/6. and the longbullrun of banking,utilities, and retaling which had their roots in ealy 80s .........usual boom and bust scenario in motion here one would think on first looking ,,,oh the city loves its boom and bust economics .....depends on it .....nurtures and cherishes it ...and dont ever forget the owners of the casino make the rules ...we but merely dance to their tune ..Can it ever be any other way ?...... lts all part of the cycle -a very dangerous cycle as it happens on this occassion .but nevertheless still part of the cycle. But in this instance the case for gold is reinforced by the fragile state of the western economys and its currencies which is reflected by their respective bourses . ....By 2013 we will be back to screaming about oil trading above $100 again on its way to $180 ... But back to gold. l already have holdings in bellweather - POG - and in ABG,AAAM, HGM and CEY, ,,,but was looking for a tiddler with a highly exiting ensuing year ahead with projects verifying the already inferred size of their resource and looking ripe to exploit this current boom..Most candidates already have a kings ransom already factored in . NYO is only juste hitting the radar .... l bought NYO as i view it as replicating the success of my other holdings .....For once l am saying very little as i think it speaks for itself .l think you will find this out during respective research that you may deem neccassary ,and will see the same potential as myself . lf the inferred JORC compliaced size of resource proves close to the mark this tiddler will have a multi billion $ m/c. ...Please note - l am buying as a meduim term hold - 6-12 months investment and not in CFD or option to buy or as a t play looking for quick returns reg: tec analysis... suggests its ready to perhaps break out of current trading pattern what with 12 day ema and 26 day ema converging in vertcal direction / stock trading above both 20 and 50 day ema ..RSl and ADX of ohh ......ill post a chart including that mullarky in a lheader when have time

tfc why do they need another partner when they already have IFC on board?

.... nice to see NYO up 25% this past few weeks without even a hint of a frothy spike. - more of a nice gentle curve. Spread tight @ 22.5 / 22.75 and trading shows some half decent buys -!00k+ at top of the market . Looking strong and resilient of late and hopefully breaking out of its previos channel / and a lot of rumours working their way through the city ../....l do beg your pardon halifax in the delay in responding to your question . To be honest being virtually the only poster on this thread i totally missed it, and have only discovered it now, upon wanting to make a posting reg NYO . Nice to know you are aboard .................As reg your question. Now while i know the lFC are currently and in the future, heavily fiscally committed to the company, and do correct me if i am wrong, but is it not IFC policy to commit only 25% of estimated capex on any singular project ( There was talk of 50% under exceptional circumstances - and i suppose hosts would qualify for the 50% what with its abject poverty and lack of employment oppertunities.But i cant comment on that. What i meant as a partner was of the likes of a big miner as i believe this has the potential to be a "world class discovery". ...Considering only a fraction of the prospect has been drilled - and you dont drill 24 hours a day without reason - and we continue to find new intersections along fringes as well as continued mineralization along well established axis lines i see the already jorc inferred resource of 1.38 million ozs as being more than a tad conservative and soon to be revised .

Off topic " J ", I spoke to Rory Scott at the brokers dealing with the Mozambique Resources issue , its a placing.

Interesting you should mention that TFC, I tried starting a thread for Nyota back in April/ May time but lots of people seem to be missing the point then with this company! Wonder if they will start to take more notice when the resources estimate increases rather significantly!

good afternoon Roly.-Always nice to hear from you. Apologies for appearing so dim but could you possibly rephrase your posting reg. placing and brief synopsis of gist of chat with R.S.for clarification ?.Has confused me somewhat . Are you reffering to the tranches of stock the IFC struck, and agreed to take up, once the s/p of NYO surpassed certain specified levels ? { such as now }. Or am i missing the point here ? lts juste that what with you making reference to Mozambique when NYO s core asset - the Kulu Kapi gold mine -is in W.Ethiopia ;and what with NYO's own recent placing of stock @ 16p now nicely bedded in , l cannot see a furthur placing in the immediate pipeline ..........

Barclay's gave me the number of one of the broker's dealing with the Mozambique Resources AIM market issue , which you mention in one of your post's . He told me it was not open to retail investor's and confirmed it was a placing.

Looks like they have all the indications of a gold mine !....

latest RNS would seem to suggest you could be right RF ... :-)...Clearly potential to become the next CEY..........up a tad shy of 20% alredy on high volume with some chunky buys

And it is isable...so I have them in several accounts.....

going like a runaway train ..up by 25%/ volume in excess of 22 million in less than an hour ./..................goes a long way to explaining the previous few days attempt by mms to shake the proverbial from the trees ,,,,,,,,,,,Roly - Did you get back in on this one by any chance ?

No " J " , but i done well with TSTR which i sold yesterday . MOIL still well below placing price. Are you still holding PAL ? SER look's a good short ?

thr, mvc , cnr, agq and ecr all doing well for me, nyo was just too slow but good to see it moving now. I may dip back if you think another cey and ditch grl another slow coach.

someone rather keen on NYO in buying 3 million @ 27p .....Roly, indeedy-am still holding PAL - cannot understand current lull when use of its oils have increased dramatically in Asia ....../ ....nice one reg. TSTR..../ worth exercising a little patience before opening a position reg. MOIL considering Exxon hold vast swathes of offshore madagascar..........Big oil moving in beeeegtime into the mozambique hydrocarbon highway ......even Brit Gas eying up offshore tanzania/ m/b

.....en brevite ....is much "hot talk" in the city what with both boards of CEY and NYO being well known to one another in past sharing of geo informations and ect ect ,that CEY will make an attempt to buy out NYO or merge before the latters s/p increases manifold . Would make quite a formidable cash generative mid tier gold producing company. with both longevity and large reserves ih each owning a world class sized resource -esp CEY - in which i have invested since 8p or so and traded literally scores of times....Only downside at CEY is that it is something of a one trick pony in But it is arguably the worlds biggest gold resource . mais qui sait mon amis

And Afren also in Madagascar.

up to 27.5 / 28p ..{approx 25% in 2 days and hardly surprising given drilling update .....and still no shortage of buyers

Interesting, read comments from TFC a few weeks ago and kept on watchlist, briefly saw a rise yesterday and considered buying at 26p but hadnt had time to do enough research. Question is whether 28p is too much right now with gold stocks being quite volatile at the moment, RRR,RGM,GGG,PGD all up and down like kangaroo's on spacehoppers. Also looking at AMER again though, hmmm!!

ls that the very same Andysmith who shared in the spoils of JKX when they were 550p+ ?..Long time no see./..l havent seen you for years mon pote ! Hope you are keeping well / keeping wolves rom the door ..ect ect ..REG; NYO... Considering a PI bought 3 million yesterday at a tad shy of 27p i dont think its to late to climb aboard ...... or at least dip a small toe ...............28p is proving somewhat obstinate to overcome - but its only a question of a little time before that occurs ......and then the skies the limit what with already having a JORC inferred resource of 1-38 mn t/o. And what with latest drilling statement stats illustrating massive intersections of mineraliation in such abundance that gold seams were patently visible to the naked eye ,and which led CEO TT to stipulate that NYO had thus far merely tinkered with what appeared to be the "tip of a gold iceberg " and on track to reach the guts of a truly massive gold discovery Perhaps the biggest in the past 25 years ...... On the back of this latest drilling statement a rapid re-rating must be on the cards. One new hole drilled showed measurements of ozs p/t rather than grammes.Conservative, and i emphasize CONSERVATIVE revisions suggest a resource nearer 3 to 5 mn t/o at Tulu Kapi - and meanwhile around the clock drilling goes on unabated continually adding to reserves To expolit the old cliche -Let the trend be your friend ....Chairperson Madame Sturgess didnt put the family silver into NYO for a fun punt . Recently when asked if she would be surprised if T/K could equal CEYs 10m resource she firmly replied she wouldnt be surprised in the least .....

strange stock this and i wonder if the rise is overdone ..... not one i have even looked at before let alone, but surely it is at least 2/3 years away from production

you do surprise me on occassion Cynners/ ignore this play at your peril .ln the full knowledge of the vagaries of this utterly corrupt game in which we indulge,it is rare indeed for me to take such a dogmatic stance on a individual stock . But it is fully justified; and i defy anyone to contradict me .And am prepared to take any side bets on this variable {notarized by a reputeable bank }....All l can suggest is that you read the latest RNS and appreciate the truly staggering potential at T/K............a multi bagger in the making .....l personally believe it will exceed all expectations hence optimistic overweight position taken; and in the fullness of time . l furthur believe it will possibly surpass the CEY resource . Couple the companies success with drillbit with the American QE 2 factor which will only result in a furthur increse in spot price of gold and i would suggest we are sitting on a goldmine..........