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Saturday 18 November 2017 | ShareProphets: The one stop source for breaking news, expert analysis, and podcasts on fast-moving AIM and LSE listed shares



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West African Minerals: Founder Jim Mellon walks after, up to, £62 million spunked, and its nearly all over - sell!

2017-11-14 01:48:19

At 4.12 PM yesterday it was announced that my old friend Jim Mellon and his associate Gerard Holden had resigned with immediate effect from West African Minerals (WAFM). Old Jim founded the company and was its chairman. It is now almost game over for West African and the scores on the doors are shocking.

Zak Mir's Bulletin Board Heroes: Ariana Resources, Aeorema Communications, Kuala Innovations, Mobile Streams, Sula Iron & Gold, West African Minerals

2015-11-03 01:28:14

If you want me to analyse a stock for you just drop me a line at [email protected] - Today I look at shares in Ariana Resources (AAU), Aeorema Communications (AEO), Kuala Innovations (KUL), Mobile Streams (MOS), Sula Iron & Gold (SULA) and West African Minerals (WAFM) and offer some share price targets.

Zak Mir's Bulletin Board Heroes - Featuring Camco Clean Energy, Metminco, Minco, Stratex International, Vast Resources, West African Minerals

2015-06-03 02:38:16

Featuring Camco Clean Energy, Metminco, Minco, Stratex International, Vast Resources, West African Minerals

SP Angel Morning Mining Note; Acacia Mining, Avalon Mining, Cobre Montana, Kefi Minerals, North River Resources, Rio Tinto and West African Minerals

2015-06-02 03:09:23

John Meyer of SP Angel this morning comments on Acacia Mining (ACA), Avalon Mining (AVI), Cobre Montana, Kefi Minerals (KEFI), North River Resources (NRRP), Rio Tinto (RIO), West African Minerals (WAFM) and Zenyaatta Graphite (ZEN:CAN) as well as offering a detailed macro view on the news that is shaping global mining and the AIM mining pond. 

Exploration progress for Jim Mellon's West African Minerals

2014-07-30 11:48:29

Many iron ore bosses are wringing their hands at its price halving in three and a half years. But Anton Mauve, managing director of Jim Mellon's Isle of Man-based West African Minerals Corporation (WAFM) is not one of them, even though these woes have sent the AIM-quoted iron ore explorer’s shares down from 32.75p to 5.88p over the past year, for a stock market value of £22.1 million. Following encouraging exploration results at West African’s properties in Cameroon and Sierra Leone, Mauve, a former head of Lonmin Platinum, declares ‘the gloom makes us happy’. But why?

5 Gold Stars for Jim Mellon at West African Minerals: Aim Good Guy of the Day

2014-05-21 12:21:47

On Sunday Shareprophets rightly criticised West African Minerals (WAFM) for repricing options for its directors. I chatted to Jim Mellon at the weekend and he rather weakly said it was to incentivise the board.

West African Minerals and the stench of boardroom greed as options re-priced

2014-05-18 07:39:16

AIM Cesspit listed West African Minerals (WAFM) is one of the public listings from Jim Mellon that he does not boast about. An announcement snuck out late on Friday stinking of boardroom greed might again be something that Jim keeps off his CV.

West African Minerals options repricing is not acceptable

2014-05-17 07:39:16

AIM listed West African Minerals (WAFM) is one of the public listings from Jim Mellon which has to date done very well for its shareholders, however an announcement snuck out late on Friday is not Jim's finest moment.

West African Minerals at 35p worth 96p – SP Angel


2013-06-10 14:32:44

SP Angel is house broker to West African Minerals (WAFM) so one might take its research with a modest pinch of salt. However, with that caveat in mind, it has today published a detailed “buy” not on the AIM listed stock at 35p setting a 96p target.

Sell West African Minerals (WAFM): A Return To 2012’s Sub 20p Zone While Under 40p

2013-04-30 00:51:06

West African Minerals is a good example in terms of the recent charting history of how a stock’s technical fortunes can flip around entirely and once they do this U turn in the price action forces fans of a company to make awkward decisions: in this case how to deal with the prospect of a return to early 2012 levels under 20p.




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