denarii Posted February 26, 2010 Author Report Share Posted February 26, 2010 i wont keep updating this thread as the advfn and iii threads are active but this is new news... http://www.theindependent-bd.com/details.php?nid=164046 Link to comment Share on other sites More sharing options...
denarii Posted March 3, 2010 Author Report Share Posted March 3, 2010 Link to comment Share on other sites More sharing options...
Methinkshe Posted March 3, 2010 Report Share Posted March 3, 2010 Link to comment Share on other sites More sharing options...
denarii Posted March 27, 2010 Author Report Share Posted March 27, 2010 chart looking quite good. Link to comment Share on other sites More sharing options...
denarii Posted April 8, 2010 Author Report Share Posted April 8, 2010 if you have hung on you must be well up now! newsflow is strong from bungladesh Link to comment Share on other sites More sharing options...
Methinkshe Posted April 9, 2010 Report Share Posted April 9, 2010 if you have hung on you must be well up now! newsflow is strong from bungladesh Yep, still in. Topped up at 108 and 120 as well. More than doubled initial investment. Looks like today could be lift-off. Thanks for the heads up. I owe you for this one. Link to comment Share on other sites More sharing options...
denarii Posted April 9, 2010 Author Report Share Posted April 9, 2010 buy some aau then Link to comment Share on other sites More sharing options...
DoctorSolar Posted April 9, 2010 Report Share Posted April 9, 2010 buy some aau then Great tip on GCM denarii. The folks on iii are having a whale of time A few stocks out there with the aau ticker symbol. Are you refering to Ariana Resources plc? Cheers Link to comment Share on other sites More sharing options...
Methinkshe Posted April 9, 2010 Report Share Posted April 9, 2010 buy some aau then Why AAU? I picked up a few Polo - Dattells is up to something with Extract as well as the value of their GCM holding and the listing on Toronto - could see a rise there, I think. Link to comment Share on other sites More sharing options...
denarii Posted April 10, 2010 Author Report Share Posted April 10, 2010 yes AAU, its been overlooked IMO, there are a few other issues but by en large i am happy to continue holding and see great upside potential in the existing red rabbit project and the new exploration. sign off of the jv seems to be taking its time but there is no reason it wont go through and if it doesnt it just means AAU is more of a take over target, there is an Ariana Resources thread on the precious metals board. If in the exploration Kerim hits something large - and there is a 10moz plus deposit in the area as well as the largest silver mine in Europe, then the current share price will look quite silly. Link to comment Share on other sites More sharing options...
denarii Posted April 26, 2010 Author Report Share Posted April 26, 2010 well the fat lady has been singing today! Link to comment Share on other sites More sharing options...
denarii Posted April 30, 2010 Author Report Share Posted April 30, 2010 not a bad day, seems to be at least two decent buyers trying to squeeze in, but not much selling volume. lol Link to comment Share on other sites More sharing options...
denarii Posted May 11, 2010 Author Report Share Posted May 11, 2010 i have a strong feeling that this is more or less on the cusp of a very large break out. DYOR though. Link to comment Share on other sites More sharing options...
denarii Posted May 18, 2010 Author Report Share Posted May 18, 2010 ok so it was a break down first, but if the coal policy is done with the budget next week then it should move up fast. Link to comment Share on other sites More sharing options...
denarii Posted June 3, 2010 Author Report Share Posted June 3, 2010 some comments on 'bin man dan''s blog on gcm. no idea who those two posters are btw http://brokermandaniel.wordpress.com/2010/...ation/#comments Link to comment Share on other sites More sharing options...
denarii Posted June 10, 2010 Author Report Share Posted June 10, 2010 budget day in Bangladesh today... Link to comment Share on other sites More sharing options...
denarii Posted June 10, 2010 Author Report Share Posted June 10, 2010 rising quite sharply now... Link to comment Share on other sites More sharing options...
denarii Posted June 18, 2010 Author Report Share Posted June 18, 2010 looking up today. apparently the coal policy will be presented to the prime minister at the end of next week Link to comment Share on other sites More sharing options...
denarii Posted June 21, 2010 Author Report Share Posted June 21, 2010 r u still in this stock mts? Link to comment Share on other sites More sharing options...
denarii Posted June 21, 2010 Author Report Share Posted June 21, 2010 could be a blue day tomorrow! http://www.bdnews24.com/details.php?id=165225&cid=2 Govt MPs argue on coal mining Tue, Jun 22nd, 2010 12:35 am BdST Dial 2000 from your GP mobile for latest news Dhaka, Jun 21 (bdnews24.com) — Rashed Khan Menon a significant ally of the ruling government spoke out against open-pit coal mine opposing a number of other government MPs in parliament on Monday. The Workers' Party chief harshly criticised the government decision to opt for open-pit coal mining process in Barapukuria and Phulbari. Menon said it's not rational to start the open-pit mining while the country does not even have a national coal policy. "Forces against the national interests remain active. Asia Energy (a UK-based mining company) is also influential," he said. Several Awami League members of parliament, however, vociferously differed with Menon and advocated for open-pit mining. The parliamentary session on Monday started at about 4pm, presided over by panel chairman Fazle Rabbi Mia as both the speaker and the deputy speaker were absent. Reza Ali, AL MP from the Mymensingh-7 constituency and Anisul Islam Mandal, Rangpur-2 MP spoke in favor of open-pit mining for the two largest mining zones of the country. Rajshahi-3 Awami League MP Meraz Uddin Molla accused that 'some leaders' of the Grand Alliance do not want coal be quarried to 'serve their own interests'. bdnews24.com/sum/saa/adk/2310h Link to comment Share on other sites More sharing options...
denarii Posted July 8, 2010 Author Report Share Posted July 8, 2010 well they now have a coal policy so its nearly hallelujah time as GATA would say. Link to comment Share on other sites More sharing options...
denarii Posted July 10, 2010 Author Report Share Posted July 10, 2010 one or two more decent days and the hedge funds might work out what is goingon and send it into orbit. the laxey bid for polo will no doubt generate some interest next week at a minimum. Link to comment Share on other sites More sharing options...
denarii Posted August 4, 2010 Author Report Share Posted August 4, 2010 looks ready to break out now. Link to comment Share on other sites More sharing options...
denarii Posted August 16, 2010 Author Report Share Posted August 16, 2010 from advfn today wiseacre - 16 Aug'10 - 20:09 - 18708 of 18713 Morning meeting notes at Canaccord last Friday may be of interest Subject: CANACCORD GENUITY MINING DAILY: Bangladesh, Vedanta, Petropavlovsk 13TH August 2010 Disclaimer: This document constitutes specialist sales commentary and does not constitute a research report and is prepared by Canaccord Genuity’ Institutional Sales for informational purposes only. Good Morning Hot into my inbox this morning is a heads up from a contact that spends a large amount of time monitoring the Bangladeshi press. I presume he is either interested in cricket, curry or coal. In this case, it is coal. He has picked up some hot news from Dhaka that the Bangladeshi Finance Minister Abul Maal Abdul Muhith has stated that the government will go for coal to resolve the energy crisis in the country. This National Coal Policy would be finalised during the current fiscal year. A quick search of the internet shows that these sorts of announcements from senior officials are not uncommon, but that the frequency is increasing. Maybe, just maybe the National Coal Policy will become a reality. There are five coal fields in the country with around 2.55bn tonnes of reserve, all unable to be extracted until the policy has been finalised. According to Thomson Reuters, 80% of electricity is produced from natural gas but the country has a 2,000MW shortage of power per day rising to 8,000MW next year. Only 45% of the population have access to power. Of interest to me is an announcement over the Phulbari coal project owned by GCM Resources. On a recent road show with Neil Herbert of Polo Resources who own just shy of 30% of GCM, he felt an announcement was coming, but probably after Ramadan was over. Clearly, the Phulbari project has not been without controversy. Villagers will have to be moved on, rioting has occurred in the past and shots were fired back in 2006 with five people being killed. While this is clearly unfortunate I understand that similar scale protests also occur in the country over power shortages so I think we need to get these things into perspective. While we don’t formally cover GCM, clearly a resolution to the coal policy and a go-ahead for Phulbari would have a dramatic effect on both the share prices of GCM and Polo Resources. Link to comment Share on other sites More sharing options...
denarii Posted August 27, 2010 Author Report Share Posted August 27, 2010 anyone interested in a 10 year job in bangladesh? lol http://www.bestjobs.com.my/bt-empd-baksheda19.htm CEO of Baksheda Impressario went to uni with Steve Bywater, GCM's CEO. Link to comment Share on other sites More sharing options...
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