Tom Winnifrith Bearcast: Shame on PWC & Numis, Hat tip Jim Mellon and ouzo for a vindicated Lucian Miers
Having asked for readers tips for 2019 for the amazing prize of a meal with Tom Winnifrith (or the chance to fob it off on someone you don't like) HERE, the following is an Easter update on performance (to be eligible needed to have selected, on a per username basis, a buy & sell pick from the LSE or AIM Casino and the stocks not to have been suspended at the commencement of 2019)...
Asiamet Resources (ARS) is one that I have been wrong about in the past, as I wasn’t expecting the share price to drop as low as it has done, but that has been part of a more general trend amongst the AIM resource stocks that aren’t currently generating any revenue.
Asiamet (ARS) has been one of the AIM wonder stocks of the past year. Peter Bird explains why the good times will continue. Enjoy.
When it comes to AIM mining companies, the majority of them will fail dismally and won’t even come close to producing anything or selling on their ‘assets’, but occasionally one does come through which looks like it could really make it. Contrary to popular belief, there are actually a few decent mining outfits listed on AIM – including an old favourite of mine which I have covered here a few times in the past, Central Asia Metals (CAML) – and I believe that if it carries on delivering as it has done up until now, then Asiamet Resources (ARS) could soon join that select club.
Hello Share Scoopers. There's quite a bit of interest these days by we armchair tycoons in mining tiddlers. This is rather surprising, as many of us are still smarting from the beating this sector had over the last five years. Even gold has failed to become much more valuable, even at a time when the world economy has been - and still is - shaky.
Copper prices have remained volatile but continue to push higher, and if this continues it will be a very bullish signal for both producers and those looking to bring new projects online.
There is an update from Asiamet Resources (ARS) today on its operations out East. Broker VSA acts as house so it is not impartial but since I know this is a well followed stock here is its commentary anyway.
Okay that is the view of house broker VSA so it is not exactly impartial. But CEO Tony Manini is a good guy and today's news from Asiamet Resources (ARS) was encouraging so over to VSA.
I have a lot of time for Tony Manini of Asiamet Resources (ARS) and caught the end of this presentation at UK Investor Show as I was appearing in the same room afterwards. Enjoy.
Asiamet Resources (ARS) has updated on “significant progress” across all of its preliminary economic assessment inputs in line with plan and budget and that this assessment of the Beruang Kanan Main deposit “is expected to be delivered at the end of the first quarter this year”.
Tony Manini of Asiamet Resources (ARS) makes a good case for his company in this presentation. If you want to fish in this sector you could do an awful lot worse.
Indonesian copper play Asiamet Resources (ARS) has increased its estimated resource at the Beruang Kanan Main (BKM) deposit in central Kalimantan (Indonesian Borneo) 43% to 403,000 tonnes or 888 million lbs of copper. The company, previously called Kalimantan Gold and quoted on AIM and the Toronto Venture Exchange, cites average grades of 0.7% for the 105,000 tonnes in the hitherto unoccupied ‘indicated’ category and 0.6% for the larger though more tentative 298,000-tonne ‘inferred’ component.
Featuring shares in Asiamet Resources (ARS), Castle Street Investments (CSI), Elektron Technology (EKT), Range Resources (RRL), Teathers Financial (TEA), Victoria Oil & Gas (VOG) with share price targets for all.
Asiamet Resources (ARS), the former Kalimantan Gold, has announced results for the first half of 2015 emphasising that “the near surface nature of the copper mineralization at the Beruang Kanan Main deposit, coupled together with a recently discovered high grade zone and positive results from initial copper leaching test work demonstrate excellent potential for the development of a low strip ratio open pit, heap leach copper mine on the property”.
Asiamet Resources (ARS) has announced that recent drilling has identified a high grade copper zone “that has the potential to significantly enhance project economics” of its flagship Beruang Kanan copper project .
Indonesia can sometimes present awkward problems for foreign mining companies, but Tony Manini, chief executive officer of Asiamet Resources (ARS), extols the ’excellent opportunities’ now beckoning the AIM-quoted company following encouraging drilling results at its key Beruang Kanan project in Central Kalimantan. Also traded on the Toronto Venture Exchange, Asiamet, which recently changed its name from Kalimantan Gold, says it is targeting an increased resource estimate by the end of the year for Beruang Karang, whose main zone now boasts an inferred resource of 4.7 million tonnes at 0.6% for 621.7 million lbs. of copper.
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