Further to its announcement on 23 September 2016, Ferrum Crescent, the ASX, AIM and JSE quoted metals project developer, announces that 100,000,000 new ordinary shares of no par value each in the capital of the Company (“Consideration Shares”) will be issued to GoldQuest Mining (Spain) Corp. on 30 September 2016. The Consideration Shares will be issued in settlement of the share element of the consideration for the acquisition of 100% of the issued share capital of GoldQuest Iberica, S.L.
Noricum Gold Limited, announces that it intends to change its name to Georgian Mining Corporation (EPIC: GEO). Noricum is also proposing to consolidate the existing ordinary share capital of the Company.
In this interview, Share Talk spoke with the AIM-listed Goldplat Plc (GDP), CEO Gerard Kisbey-Green with regards to the company’s Preliminary results. http://www.londonstockexchange.com/exchange/news/market-news/market-news-detail/GDP/12977915.html
Gerard gives a detailed overview of Goldplat’s return to profitability and the continued strength of its market-leading gold recovery operations in South Africa and Ghana. He explains that GDP are also making progress to geographically diversify the business into Africa, as well as into South America.
W Resources Plc (AIM:WRES), the tungsten, copper and gold mining, production, exploration and development company with assets in Spain and Portugal, announces that the Company has commenced drilling at its São Martinho Gold Deposit, which forms part of the CAA / Portalegre licence in South Eastern Portugal.
A targeted 1,500 metre diamond core drilling campaign commenced at the São Martinho project on 21 September 2016 in order to look to upgrade the JORC compliant mineral resource estimate of 3Mt at 1.04g/t gold, which equates to 111,987oz in contained gold, which was completed by Golder Associates in June 2016. Geological evaluation of the project indicates the potential to increase the size of the indicated resource and delineate additional high-grade zones which will can then be expanded by follow-up RC drilling.
The ninth episode of London South East’s (lse.co.uk) excellent new TV Show for Traders and Investors’ : Share Views’.
Host Zak Mir discusses early stage investment opportunities and how to profit from them.
Is it possible to be too cautious? I think I am learning the hard way this year that being too cautious is very possible and can be expensive. I have had a really tough year with Returns (or rather, lack of) and although a big chunk of this has been down to a sucession of Profit Warnings from big Positions, another aspect has been down to me taking a very cautious stance this year. It has hurt in 2 ways – the most obvious is the drag I have suffered from large Short Positions and the other impact comes from me failing to “Buy the Dips” when Markets were low (although at the Brexit Vote Lows back in June I did close half my Shorts which was in effect the same as Buying the Market in a big way).