Registered Members Login:
   
Forgotten Your Details? Click Here To Recover +
Welcome To The ShareCafe Community - Talk Shares And Take Stock With Smart Investors - New Here? Click To Register >

55 Pages (Click to Jump) V  « < 50 51 52 53 54 55 >   
 
  
Reply to this topic

RMS, RAMELIUS RESOURCES LIMITED
mme
post Posted: Jun 25 2004, 03:39 PM
  Quote Post


Posts: 8,077
Thanks: 429


Cdchi1 and Jonas X, this one has interest me since you (Cdchi1) brought it to my attention. Even though the volume is low and the SP has travelled south, the next couple of months may see a turnaround with the gold prospects Wattle Dam and Black Cat results including a resource estimate for Black Cat are due in the next three to four weeks. To add to this, mining development feasibility studies are expected to follow on both areas.
Hilditch which is the nickel play is to be drilled to test two nickel sulphide targets with the results of drilling due in August. Seems the SP could be good value at current levels.
The company appears not to mess about!! Comments appreciated.



 
jonas X
post Posted: Jun 1 2004, 09:34 PM
  Quote Post


Posts: 102


Strong close today at .095.
I think this stock has potential and yes it has been bashed around a bit lately.I do know its run lean and mean and has a lot to prove.
From what I hear they are very confident about Blue Hills and if they can locate the nickel deposit at Hilditch it will be a huge boost.
Apparently Blue Hills has been held up because of the extended wet season.Results should be known soon.
Also noticed RMS are recommended by Tony Locantro in his Australian Explorers review on the Gold Eagle site.
The way its reacted to what cdchi1 calls a pretty ordinary announcement is an indication of how it will go if something really positive is released.Back to 20 cents I would think.
Remember the recent underwritten rights issue was at 11 cents.

 
cdchi1
post Posted: May 31 2004, 08:52 PM
  Quote Post


Posts: 915
Thanks: 4


this stock has had a shcoking time of it...as have i.

Im surprised it went up as much as it did today, as I thought the announcement was pretty ordinary, though i suppose it had been hammered quite a bit.

The gold intercepts were very widely spaced so not much could be read into them.

Also, bonnievale was a bit of a dud.

Hilditch nickel and gold drill results are still in the wings so could be a hit or miss for the next month or so. Hilditch has got a great address, not far from TIR's nickel deposits...the West Aussie geological map i have plastered on my wall shows the potential quite well.

If its a miss, then us shareholders will need to wait for decent activity at Blue Hills and further drilling at black cat.

As Ive said before stay out of this unless ur interested in a long term spec with a lot of high risk exploration assets (and also if you dont mind losing a few grand).

Cdchi1


 
cdchi1
post Posted: Apr 13 2004, 07:24 PM
  Quote Post


Posts: 915
Thanks: 4


Gees if i wasn't such a long termer this would be looking like a great tax writeoff at 30 June for igo gains.

Don't see much coming out from them in the short term, apart from deeper drilling results in may, and their quarterly.

Looks like Blue Hills, although exciting, is a little way off from any action.

Maybe some black cat and wattle dam drill results will come out.

Maybe i should just delete it from my watchlist and relook at it in a couple years time to see if i have any dough left mad.gif , or have made a killing tongue.gif

Cdchi1



 
cdchi1
post Posted: Apr 6 2004, 08:13 PM
  Quote Post


Posts: 915
Thanks: 4


Hi Alarmist...

Well its less now as ive sold quite a few (eg BSG and MBG) to buy more IGO...current mining companies held, in order of value, are:

IGO, HER, URL, PIL, ARU, RMS, GWE, ECU

RMS has been quite week recently, as i said a couple posts ago, with the current market depth, and the right issue, you'd have to be a bit insane buying in right now...i think you might be able to get them sub 10c.

I bought the majority of mine at 11-12c incl rights...but happy with the long term picture.

Todays ann was a bit ho hum, but as i indicated in an earlier post, its primary objective wsa to do shallow depth testing to identify which targets ahd potential...which it did excluding a couple targets, and pinpointing others for further deeper drilling.

I wouldnt expect much out from RMS over the next couple weeks.

Note, apparently Blue Hills has really got the company excited, but i think its a little way off before we see any results from there.

I would like to see them extend the black cat and wattle dam gold resources too.

Good luck if your a short termer and holding, ur going to need it...as for long termers, if you buy some make sure you're diversified...remember, for every spec miner 1 out of 10 (probably less) makes it...

Cdchi1

 
mme
post Posted: Apr 5 2004, 10:17 AM
  Quote Post


Posts: 8,077
Thanks: 429


IN REPLY TO A POST BY a1armist, Sat 03/04/04 03:50am

Cdchi1 and Alarmist, had a look at this one and tend to agree.

 


a1armist
post Posted: Apr 3 2004, 03:50 AM
  Quote Post


Posts: 18


Cdchi1, I also see RMS as good longer term spec, along with BRW as well. I hold both. I'm curious about your post on 29/3 where you refer to owning 13 mining stocks.

If I'm not being too rude, what 13 mining stocks do you own?

I also have various stocks (mostly mining) which I hold/trade/change depending on my mood, which for those interested are: AUM, AVO, BRW, CRD, CRS, DLS, GBG, INL, MBG, MIL, PNA, QGC, RMS, and SIE.

A1armist

 
jonasx
post Posted: Mar 30 2004, 08:07 PM
  Quote Post


Posts: 4


Getting back to RMS I noticed from the announcement this arvo that the chairman Robert Kennedy took up his rights offer. 1,574,300 of them at a cost of $173,173.
He obviously has a lot of shares anyway however I find this very positive.He could have just made a token gesture and bought a few.


 
cdchi1
post Posted: Mar 30 2004, 07:49 PM
  Quote Post


Posts: 915
Thanks: 4


and one more thing on Super...the capital gains discount is only 33% after 1 year, not 50% as for individuals...

Anyway lets get this back onto the topic of RMS, i have enough financial stuff to deal with at work lmaosmiley.gif

Cdchi1

 
cdchi1
post Posted: Mar 30 2004, 07:47 PM
  Quote Post


Posts: 915
Thanks: 4


IN REPLY TO A POST BY lord elpus, Tue 30/03/04 07:36pm

No i hold on because of my research...tax is not a factor...if im up, but i change my mind about the company, i will sell, even if 10 days later.

With regards to tax, i believe can no longer use indexation, unless the asset was bought with a certain period, already past...its either full gains or half gains from now on. I cant recmember what the cut off date was.

With companies, its a bit mroe difficult than that...you need to repatriate the funds out of the company...usually as a franked dividend...but that meas u end up paying ur full tax anyway. There are ways to structure this so it doesnt happen, but pointless, if you hold greater than a year, you pay less tax individual based.

Super fund a NO NO...dont forget surcharge rate, excessive tax component if you exceed RBL thereshold ETC...earnings go into post 83 or pre 83, not undeducted conts (i work in super and advise on it, take my word for this). Not to mention the costs of running an SMSF etc...and then preservation the big killer.

The discretionary trust can also be a dangerous scheme, specially with retrospective laws being made every day, lets not forget when govt tried to change the tax laws for it, squashed by labour. And then there the trustee obligations etc...it is a scheme worthwhile looking into, but not for me...i did have one though with two propertes through it, that didsave me a bit of cash...useless for short term investments though if you are making a heap,. as only a marginal tax saving, not worth the annual fees etc.

Cdchi1


 
 


55 Pages (Click to Jump) V  « < 50 51 52 53 54 55 >

Back To Top Of Page
Reply to this topic


You agree through the use of ShareCafe, that you understand and accept the TERMS OF USE.


TERMS OF USE  -  CONTACT ADMIN  -  ADVERTISING