ShareCafe Posted January 23, 2004 Share Posted January 23, 2004 created for cable-guy Link to comment Share on other sites More sharing options...
cable-guy Posted February 4, 2004 Share Posted February 4, 2004 IN REPLY TO A POST BY ADMIN1, Fri 23/01/04 04:11pm [READ POST] created for cable-guy anyone looking at this one , had a bit of a sell of, I picked sme up at 4.6 cents , and believe drill report will be out in a week or two Link to comment Share on other sites More sharing options...
cable-guy Posted February 4, 2004 Share Posted February 4, 2004 have alook at this one 1.2mio share traded today (not alot) but av volume is only around 400,000 so something might be up http://www.asxboard.com/html/emoticons/cool2.gif Link to comment Share on other sites More sharing options...
turtles Posted February 9, 2004 Share Posted February 9, 2004 Still no name change and relatively no news to speak of could be great when it gets running I thought trading would have picked up more after the SPP (perhaps everyone like me is waiting to see what happens?) cheers Link to comment Share on other sites More sharing options...
cable-guy Posted February 9, 2004 Share Posted February 9, 2004 we need info from the drill reports(due out soon I beleive) until then we just have to sit on our hands Link to comment Share on other sites More sharing options...
mme Posted March 8, 2004 Share Posted March 8, 2004 IN REPLY TO A POST BY cable-guy, Mon 09/02/04 09:14pm Cable guy had a look at TAI now NMC. At this stage producing gold before September 2005. Spoke to company representative who mentioned there was at present with upside 350,000oz of gold at Poulsen. Money on hand will get them through to production and I estimated that 100 000oz annually given a grading of approx. 12g/t will return a healthy pay packet to this company. Has alot of shares on issue being around 950 million but even so a rough future estimate on this one assuming a gold price of A$550oz would suggest a share price well above current trading of around 4.3 cents. I worked out about 20 million dollars a year less costs of which I don't envisage too many, gives it a SP over 25 cents!! Please do your own research before buying as I may of made a mistake. Cable guy if you or anyone else knows of something which may alter this figure please respond, but this share to me is cheap if you are prepared to wait!!! I believe Patterson Ord Minnet are about to do a report on it. Cheers. Link to comment Share on other sites More sharing options...
cable-guy Posted March 8, 2004 Share Posted March 8, 2004 its is cheap, i own a few, but alot of punters took some at 5c in the placment, and i think they have just got the sh*t and sold out. Also drilling results taking longer than expected. i will buy mor eif it goes below 5 cents. might have some more infor in a day or two , but be patient Link to comment Share on other sites More sharing options...
mme Posted March 8, 2004 Share Posted March 8, 2004 Drilling held back because of cyclone and bad weather. May take some time for the market to realise the true potential of this one Cable Guy. I bought some and will continue to accumulate at around these levels. Will place them in the bottom drawer. Interesting estimates of what gold is abled to be recovered from the initial depths (up to around 400 metres). Talk of recoverable amounts of the figure of around 400,000 oz. Do the maths and you come up with a share price worth alot more than the current price. Please do your own research before buying. Link to comment Share on other sites More sharing options...
mme Posted March 19, 2004 Share Posted March 19, 2004 IN REPLY TO A POST BY mme, Mon 08/03/04 08:33pm Excellant results Cable guy and others at Paulsens. NMC looks good with these gold results and now an increase in mine life being imminent. Link to comment Share on other sites More sharing options...
cable-guy Posted March 19, 2004 Share Posted March 19, 2004 looks good , there should be some more next friday as well, rung the company yesterday and they said results would be out either this frid or next fri we know there is gold there , just want to now if there is alot more Link to comment Share on other sites More sharing options...
Recommended Posts
Create an account or sign in to comment
You need to be a member in order to leave a comment
Create an account
Sign up for a new account in our community. It's easy!
Register a new accountSign in
Already have an account? Sign in here.
Sign In Now