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AHR, ANCHOR RESOURCES LIMITED
thatsgold
post Posted: Apr 14 2011, 08:18 PM
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In Reply To: mullokintyre's post @ Apr 13 2011, 05:00 PM

looks like the selling has dried up, good luck.

 
mullokintyre
post Posted: Apr 13 2011, 05:00 PM
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The Chinese have extended the offer for AHR again - the third such move.
Still not yet above 10%.
At this rate the mine will be in production before they reach 50%.
Need to come out with a better offer than this.
Perhaps they are banking on a crash in commodity prices and thus a fall in the price of AHR.

Mick



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sent from my Olivetti Typewriter.
 
thatsgold
post Posted: Feb 16 2011, 10:03 PM
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In Reply To: thatsgold's post @ Feb 14 2011, 10:09 PM

http://www.mineweb.com/mineweb/view/minewe...l&pid=72102

 
thatsgold
post Posted: Feb 14 2011, 10:09 PM
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In Reply To: mme's post @ Jan 22 2011, 11:49 AM

33c close you gotta be happy with that cool.gif

 
thatsgold
post Posted: Feb 12 2011, 07:03 PM
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In Reply To: mme's post @ Jan 22 2011, 11:49 AM

MME

Nice to see it close just above the offer price of 28c.

28c is grossly undervalued..

 
thatsgold
post Posted: Jan 22 2011, 05:43 PM
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In Reply To: mme's post @ Jan 22 2011, 11:49 AM

Shortly? its kinda like asking how long is a piece of string..

I suppose that it could be defined as, twice the distance from one end to the centre.

But then again cool.gif

 

sentifi.com

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mme
post Posted: Jan 22 2011, 11:49 AM
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In Reply To: thatsgold's post @ Jan 22 2011, 10:51 AM

"The Jinshunda takeover proposal comes at a time when the Company is entering an
exciting phase of development as it advances its Bielsdown antimony (Sb) project, which
was recently upgraded to a JORC compliant resource in excess of 1 million tonnes
grading 1.77% Sb1,The Company expects to release results of a scoping study .
undertaken by SRK Consulting for the Wild Cattle Creek deposit
, shortly"


Wonder what their term of shortly is? biggrin.gif IMO the offer will be rejected and a higher price will be achieved thus my purchase of the stock. As usual please DYOR.

 
thatsgold
post Posted: Jan 22 2011, 10:51 AM
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In Reply To: mullokintyre's post @ Jan 19 2011, 08:13 PM

Snippet from the ASX announcement.
Take note of the 3rd point.. There is potential for further upside.


Dated: WEDNESDAY, 12 JANUARY 2011


Update on the Bielsdown Project

The Jinshunda takeover proposal comes at a time when the Company is entering an
exciting phase of development as it advances its Bielsdown antimony (Sb) project, which
was recently upgraded to a JORC compliant resource in excess of 1 million tonnes
grading 1.77% Sb1,The Company expects to release results of a scoping study .
undertaken by SRK Consulting for the Wild Cattle Creek deposit, shortly.

The Company believes there is significant upside potential for the Bielsdown project
given:

 Record price levels for antimony, immediately prior to receipt of the Jinshunda
takeover proposal.

 An increasing awareness in the market as to the value of antimony as a
“strategic” commodity.

 The potential for further significant resource extensions at the Bielsdown project
where the Company is targeting a JORC compliant resource of at least 2 million
tonnes.
o The Wild Cattle Creek deposit remains open down plunge. In addition
there are a number of significant regional targets within the Bielsdown
project.
o The Company is currently preparing an exploration program for 2011 and
will update the market in due course as to the expected scale and timing
of this program.

 
mullokintyre
post Posted: Jan 19 2011, 08:13 PM
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In Reply To: mme's post @ Jan 19 2011, 07:22 PM

Yes MME. I agonised over NWR and this one, but the upside seems to be much higher.
I am hoping it will eventually be rerated by those "experts" in the instos.
I plan to put it in the bottom drawer for a while.
Mick



--------------------
sent from my Olivetti Typewriter.
 
thatsgold
post Posted: Jan 19 2011, 07:54 PM
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In Reply To: mme's post @ Jan 19 2011, 07:22 PM

Well lets hope it all pans out well for you then biggrin.gif

 
 


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