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OBTALA............neglected until today. (OBT)     

knitcraft - 07 Sep 2009 08:26

Tanzanian interests in several areas and several different metals and precious stones.
Directors been buying lately at around these levels.
Interest this am and moving up rapidly on little volume.
One to watch.

janesteve - 07 Oct 2010 10:31 - 2 of 8

been rising gradually of late be very little interest being shown on these boards....regards

gibby - 16 Jan 2011 21:37 - 3 of 8

news today - would expect some northerly tommorow.......

'Talking of gold, it is thought mining minnow Obtala Resources is in talks over a fresh gold mining licence in Tanzania.

Just before Christmas it disappointed the market by pulling out of another gold prospect there.

It had been short-listed to run the Buck Reef project, where potential resources were
thought to be about 1.5 million ounces.

Just before Christmas and barely two weeks after announcing it had been short-listed, Obtala said it had withdrawn from the project 'to focus on other opportunities'.

But industry sources say the group is holding fresh talks with Tanzania's state mining company over a larger gold prospect where resources are thought to be about 2.5 million ounces.

Shares in Obtala have roughly doubled in the past year and closed on Friday at 43p, valuing the group at 96 million

But sources suggest Obtala may also be close to clinching a licence on a major Tanzanian coal prospect. And with the current price bonanza, it could make coal far more exciting than gold. '

kerrrrchinnnnggggggggggggg!?



skyhigh - 04 Oct 2013 11:08 - 4 of 8

Any one still in this and with any views on the current/future outlook ?... thinking of buying in+

parrisf - 04 Oct 2013 11:40 - 5 of 8

I notice losses are rising. I wouldn't touch it.

skyhigh - 04 Oct 2013 12:27 - 6 of 8

Thanks parrisf...will avoid for now ... have you any other ones that may be worth considering ?

parrisf - 04 Oct 2013 14:26 - 7 of 8

I notice SUMM is rising. Might be worth a punt.

skyhigh - 04 Oct 2013 14:34 - 8 of 8

Yep Summ is a good .... already in Summ from 3.5p.... doing nicely with this one
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