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

http://moneyam.uk-wire.com/cgi-bin/articles

/201101270700141590A.html

Drilling update , share price fall's

Not long to wait " J "

I wish i had stayed out of this one.

Would somebody clever please explain 'what part' of the recent update has caused the share price to drop by some 25% in the last few days! I'm really struggling to see a negligible drop in the price of actual gold & whats happening in Egypt as causing such a ridiculous (my opinion) fall! Any ideas/thoughts appreciated!

I would like to know that as well.

it's a piddly minnow and all such shares are likely to swing wildly, and not necessarily with any perceivable logic

Cynic

You won't get much more piddly then what i bought this morning SHE on plus market.

NYO back to 25p normal service is resumed, panic over .

Not until it reach's nearer to 30p

RNS IFC exercises options, now largest shareholder with over 13%.

New CEO announced today so perhaps Mr Richard Chase (M.D at Ambrian partners) might manage to wake some city folk not to mention a few P.Is and get a little fire going again under this recently much oversold (my opinion) stock! Here's hoping!!

RNS positive drilling update.

Now 11.75 bid

RNS more director buying perhaps ahead of mining licence government approval.

CEY's takeover bid for Sheba may mean good news for NYO shareholders.

Or maybe STI holders

Still not looking very rosy " J " , will you be back from exile soon ? its been about 6 months now.

How long does it take to get a mining licence in Ethiopia? Without the licence NYO is going nowhere in spite of drilling lots of holes in the ground.

Listen to Nyota Minerals - Optimisation of Tulu Kapi gold project

CLICK HERE TO LISTEN