Jan 24 2013 @ 08:13
Coal mining company CCX (BOV:CCXC3) CCX (BOV:CCXC3) the coal company of Eike Batista has asked Bradesco, Itaú BBA and BBI Brazil Plural to prepare a report to assess a possible takeover bid and the de listing of the company. Batista has however chosen to abstain from voting on the matter. A meeting is scheduled for […]
Jan 22 2013 @ 16:13
During the past week alone more than 350 seats have been booked for the UKL’s premier one day investor conference, UKInvestor Show which takes place in London on April 13th. Of the 2,500 seats on offer more than 60% are now allocated. We expect all the seats to be booked within the next few weeks. […]
Jan 21 2013 @ 17:02
Heck I know that this is commissioned research (i.e. paid for by the company) but analyst Charlie Gibson might be incredibly posh but he is no fool. He does know what he is talking about. And thus when I read his research I generally seem to think that his sums stack up. Today comes a […]
Jan 21 2013 @ 13:32
It is not often that I comment on broker’s notes as most are pretty worthless. Normally I post comment if I disagree violently or agree strongly. Which brings me to the VSA Resources note out today on Russian gold producer Highland Gold (
LSE:HGM). The problem with gold is that it is usually found in dodgy […]
Jan 20 2013 @ 12:49
New chief executive asked to relocate Rio Tinto’s HQ to Australia. British-Australian miners Rio Tinto’s new chief executive, Sam Walsh, has been told to move its headquarters to Australia by mining billionaire Gina Rinehart, arguing that it will benefit “shareholders who have seen much diminution in value via investments in risky countries, and for the […]
Jan 20 2013 @ 11:18
I met up with Roger Lawson of ShareSoc last week to chat about life and record a video. The son of a miner, Roger is a self made man and commands my respect for that. When I lash out at an aspect of AIM, the City establishment can dismiss me as a maverick. See if […]
Jan 18 2013 @ 00:00
On 17th January AIM listed Chaarat Gold (
LSE:GCH) announced that the Government of the Kyrgyz Republic had implemented a new tax code effective as of 1st January. The new system is clearer than the old offering more transparency and as it happens will benefit Chaarat when it starts producing around Christmas. Please note Call Me […]
Jan 17 2013 @ 09:41
Rio Tinto (
LSE:RIO) share price had plunged by as much as 28.00 pence by 2:10 pm today from yesterday’s close of 3,458.00. The company announced the ouster of CEO Tom Albanese and Energy CEO Doug Ritchie. As with all announcements of this kind, the termination was described as a “mutual agreement.” Why do they say […]
Jan 16 2013 @ 12:20
Like many junior miners, AIM listed Highland Gold Mining (
LSE:HGM) saw its share price decimated during 2012. The stock traded at 197p at the start of the year. Just before Christmas I flagged this up as a stock to have a nibble at when the share price was as low as 91p. In the three weeks that […]
Jan 15 2013 @ 10:48
I wrote a strong buy note on Aquarius Platinum (
LSE:AQP)on Christmas Eve urging investors to buy at 55p. Well ho, ho, ho and a Merry Christmas to you all. I hope that you filled your stockings. I mean boots with that hot share tip. The shares are now 71.75p Why? Thank Anglo American (
LSE:AAL) which […]