could this be the next one to go like white nile speculaors talking about 20p i'm in @ 4p RAB capital have 30% so following thier lead any opinions ????

Established to invest in the mining and mineral sector. The Company has entered into contracts to acquire tenements in central-eastern Queensland Australia to prospect for copper and gold and tenements in central-southern Western Australia to prospect for nickel sulphides and gold, conditional on Admission.

120,800,006 Ordinary Shares of 0.001 each at 2p per share
CAPITAL TO BE RAISED ON ADMISSION: None

FULL NAMES AND FUNCTIONS OF DIRECTORS AND PROPOSED DIRECTORS:
Andrew Ronald McMillan Bell - Chairman
Kenneth Frank Watson - Managing Director
Julian Michael Edward Lee - Non-executive Director

The following are 3% interests before and after Admission:

Andrew Bell 42,200,002 34.9%
Kenneth Watson 25,200,004 20.9%
Starvest plc 22,800,000 18.9%
Bellmin Limited 30,000,000 24.8%
Rab Capital 34,500,000 28.6%
Redstone3 Metals Pty Ltd 2,200,000 10.1%
City Equities (Nominees) Ltd 7,000,000 5.8%
Credit Suisse First Boston Nominees Ltd 4,500,000 3.7%
C J French 4,000,000 3.3%
Bamboo Holdings Ltd 4,000,000 3.3%
L F Tan 4,005,000 3.3%

Notes:
1. Andrew Bell's interests are indirect interests held through Bellmin Ltd and Redstone Metals Pty Ltd save for two Shares;
2. 12,200,000 Shares in which K Watson is interested are indirect interests held through Redstone Metals Pty Ltd ; and
3. 30,000,000 and 4,500,000 Shares in which Rab Capital is interested are indirect interests held through Bellmin Ltd Shares and Credit Suisse First Boston Nominees Ltd respectively

it is really amazing me, and what do you think about the 20p prediction?

based on examples like white nile why not its a mad world out there at the momentits now abv 6p could get to 7-8p by end of day at this rate

true, I just free some cash. Was thinking to wait for a good price, but seems like it would just go up more, am I rite? thanks gordon.

Don't know anythinng much about this one - any ideas why it has shot up so much? Did it just start underpriced & the MM need to balance books?

Be aware when the excitement dies down the sp could shoot back down but agree it's tempting to join in the fun!

out at 5.75 yesterday it was wobbling so got out

This is not investing guys but gambling. This outfit has no history and the lack of information/data is concerning. Still who can argue with 70%+ in a day.

MS

Agreed little information around on this, but still the buys outweighing the sales albeit at lower levels than yesterday. Not sure I have the nerve for this type of gamble, but good luck to those that have!

I'm the same. Wish I had the bottle but prefer to tread safer ground. Now about White Nile!

MS

Think this one will continue to gain momentum! Not too many shares up for grabs so any news will make this one explode! I'm in.

can see it sliding further

Gordon you think it will slide further after todays news ?

MM

What news?

MS

might just be worth another look at this level good old city equities managed to get shot of there 5M shares expect most of the buyers paid 5p upwards so could be few disgruntled shareholders out their if this one goes

Maybe will buy a few of these.

Yes - but what is really backing the sp or is it still an empty shell just at the moment?

Announcement today & sp up a shade, but still no turnover for this one.
The comment on search for 'ventures producing early cash flows' are key to whether this could subsequently take off IMHO.

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Regency Mines posts maiden H1 pretax loss, encouraged by exploration activity

LONDON (AFX) - Regency Mines PLC, an exploration company admitted to AIM on Feb 22, said it made a pretax loss of 12,664 stg in the period from Sept 10 to end December 2004.

The company, which has no turnover, added that it is 'encouraged by continuing exploration activity'.

It said it is focusing on the search for ventures that might produce early cash flow.

The exploration company also said it expects the demand for commodities to remain strong and that the amplitude of down-cycles over the next few years may be restricted.

Time to look again at this minnow. If the assets pay off the payback to shareholders at this level will be very worth while.

Started to move higher now.