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pyewackitt

Oxus Gold

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I took a little punt on OXS in Jan as i felt they looked rather undervalued and the price has almost doubled in the last two weeks or so.

 

Not sure if there are any other OXS investors on GEI but a lot of gold stocks recovered very well after the Nov falls and OXS was one of few producers that had failed to move substantially - but seems to be doing so now.

 

http://www.oxusgold.co.uk/

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I took a little punt on OXS in Jan as i felt they looked rather undervalued and the price has almost doubled in the last two weeks or so.

 

Not sure if there are any other OXS investors on GEI but a lot of gold stocks recovered very well after the Nov falls and OXS was one of few producers that had failed to move substantially - but seems to be doing so now.

 

http://www.oxusgold.co.uk/

 

I hold a few after buying the failed Marakand Minerals years ago. Good to see OXUS rocketing up though +54% today!

 

 

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Cuthberts last comment on this small thread says it all a few years down the line!

 

http://www.greenenergyinvestors.com/index.php?showtopic=2162&p=21298

 

This has been on my watchlist the last few weeks, since I saw their half yearly report. It's quite a long winded complex story that can be found in the main of this thread on ADVFN

 

http://uk.advfn.com/cmn/fbb/thread.php3?id=28868581

 

An even briefer and easier read gives the overall jist of the litigation play that it is, with a final note in the outlook "The directors remain confident that the Arbitral Tribunal will, in the VERY NEAR FUTURE, rule in the Group's favour and that fair compensation will be awarded for both the AGF and Khandiza mining assets, which were blatantly misappropriated by the Republic of Uzbekistan. In this respect, the Board will continue to take whatever steps it deems necessary to ensure the return of value to the Company's long-suffering stakeholders."

 

Just to add to the fun RAB are involved and have been selling down, so it's long been an overhang play and Darwin who I wouldn't normally go anywhere near, have been used previously and a few days after that announcement, renewed their acquaintance to no doubt shore up financial support. At the same time Darwin have an habit of depressing prices with their tactics. However, it could be peanuts to the overall story in the end.

 

The ADVFN thread is littered with loons and I guess I could be one of the herd arriving.

 

Current price is 4p something, my average about 4p for disclosure as last few days I've built a decent stake, purely as it looks a calculated risk worth taking as a depressed story, with decent reward potential.

 

Be interesting to see what happens, RAB could be out on today's move, all will come out in the wash.

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Oxus have been awarded $520 MILLION. There is a dissenting opinion and the delay is due to the Uzbeks appealing against what information can be made public. Sourced direct from Paris.

Yeah right!

 

P.s don't give up the day job ?

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