(GGG) GGG Resources
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| Mon 21:39 |
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Auzex Resources nets A$1.33m to advance Bullabulling gold project
Tuesday, February 07, 2012 by Angela Kean http://bit.ly/xldV11 |
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| Thu 08:57 | ||||
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| 31-01-12 | ||||
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Gold prices climb after EU treaty; Shanta Gold, GGG Resources, Orsu Metals rally
Wednesday, February 01, 2012 http://bit.ly/wXUBhC |
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| 31-01-12 | ||||
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Gold prices climb after EU treaty
January 31. at 4:57 pm Todays top risers in the sector were: http://bit.ly/AxKszn |
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| 31-01-12 | ||||
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31 January 2012 | 16:26pm
http://bit.ly/zhE0Bx |
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| 31-01-12 | ||||
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GGG Resources confirms merger with Auzex progressing to plan, shares rise
January 31. at 11:52 am http://bit.ly/yMM49f |
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| 31-01-12 |
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Detailed info with no down side. Further proof the recent fall sector based not GGG potential.
I expect the climb to continue with some big steps this next few months. Back in for some more today with total confidence of a great short term return and even better long term prospects. Good luck all |
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| 30-01-12 | ||||
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| 30-01-12 | ||||
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| 28-01-12 |
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Saturday, January 28, 2012
http://bit.ly/yjD39h Mining news summary: Petropavlovsk, African Barrick Gold, Goldplat, Metals Exploration, Triple Plate Junction, London Mining |
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| 27-01-12 |
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Interesting post/link over on Hotcopper re potential CEO/MD, in particular Bruce McFadzean:
As the merged company Bullabulling Gold Limited, we need a reputable Non-Executive Chairman and CEO/MD to lead our company to the next phase of growth. So candidates that I think can be good are: 1. Peter Alexander - former MD/CEO of Dominion Mining (now KCN), current non-exec Chairman of DRM and non-exec director of KCN 2. Bruce McFadzean - former MD/CEO of Catapa Resources (now EVN) and just stepped down interim CEO of EVN. http://www.miningweekly.com/article/evolution-meets-guidance---mcfadzean-steps-down-2012-01-25 Temujiin |
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| 25-01-12 | ||||
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| 25-01-12 |
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Auzex Resources acquires additional land position near 2.6 million gold ounce Bullabulling
January 25. at 4:36 am http://bit.ly/x9GbUq |
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| 24-01-12 |
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Yes very interesting especial as Geoff is not known for wild goose chases. This new development should certainly give plenty of options and keep interest boiling for the sharks out there. Will be good to hear the BoD talk about this and in particular should focus their energies & time. No bad thing after the wee squables a few months back!
Off to do some further research. Regards, BD |
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| 24-01-12 | ||||
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Have been watching this share for a while now as the upside seems very good indeed.
What sort of timescales are we looking at for the bfs to complete? I know it's a bit lazy to ask on here and I should DMOR |
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| 24-01-12 |
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Well, you can't accuse these boys of sitting on their backsides and waiting for the project to progress on its own. I think we should welcome this news as confirmation that the management want to get on together and actually make money.
Lets hope that BBG become a big player in western Aus because i'm in for the long run. |
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| 24-01-12 | ||||
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Tuesday, Jan 24 2012 by Fox Davies Capital
http://bit.ly/Ad9aqy |
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| 24-01-12 | ||||
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Tuesday, January 24, 2012
COMPANY SNAPSHOT: Sage Group, EnQuest, Carphone Warehouse, Solo Oil, San Leon Energy, GGG Resources, Caledonia Mining http://bit.ly/z2EP1w |
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| 24-01-12 | ||||
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GGG Resources and JV partners to acquire Geko gold project
January 24. at 7:31 am http://bit.ly/xqxx7p |
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| 24-01-12 |
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Interesting
24 January 2012 GGG Resources plc (the "Company" or "GGG") Option to Purchase Geko Gold Project, Coolgardie WA The Bullabulling Joint Venture partners, GGG Resources plc ("GGG") and Auzex Resources Limited ("Auzex"), and the newly incorporated Bullabulling Gold Limited ("BBG") have today executed an Option to Purchase Agreement to acquire 100% of the Geko Gold Project, located approximately 17km north of the Bullabulling Gold Project near Coolgardie in the eastern goldfields of Western Australia. Exploration drilling undertaken during the 1990's by Newcrest and others successfully intersected gold mineralisation that can be correlated with the same sequence of lithologies which host the Bullabulling gold deposit. The Joint Venture considers the transaction to offer significant exploration potential for gold mineralisation that may be complimentary to a future mining operation currently under pre-feasibility at Bullabulling. Recently acquired airborne magnetic data and proprietary structural interpretation of the regional geology has provided the impetus for this development. The key terms of the Sale and Purchase agreement are summarised as follows: * 100% acquisition of Mining Lease M15/621 * Option Fee: $200,000 * Option Period : six months from the date of the agreement * Purchase price: $3.0 million composed of: * + $0.5 million cash + At the election of BBG - paying the remainder in cash or BBG scrip based on a 5 day VWAP immediately prior to the purchase + Production royalty of $10 per ounce for all gold sold from the tenement There is a considerable database available from previous explorers, and it is the intention of the Joint Venture to compile the data to provide drill targets that can be tested during the option period. Gold mineralisation is known at Geko, but is not JORC compliant and therefore cannot be published, but the opportunity that the Joint Venture anticipates is the exploration potential for a significant gold target, which can be mined and hauled to Bullabulling for processing. Temu |
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| 24-01-12 | ||||
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| 23-01-12 | ||||
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| 20-01-12 | ||||
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| 20-01-12 | ||||
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from HiddenDepths.I haven't done the maths myself so can't say how accurate it is. OK, spreadsheet with estimated figures for cash and assuming warrant exercise for both companies suggests GGG buys AZX shares for cash equalisation at a 10% discount to the 5 day average price ahead of the merger. GGG pays 25c, obtains 59.7% of BBG 20c gets 61% 18c gets 61.75% 15c gets 63% Obviously AZX will be busting a gut to get their share price up.... Temu |
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| 20-01-12 | ||||
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| 20-01-12 |
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Now that these boys have a common interest i can't see this stalling anymore. Re-rating happening right now, all plans on target and resource in no doubt.
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| 20-01-12 |
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Auzex Resources: Interim board established for Bullabulling Gold Project
January 20. at 3:45 am http://bit.ly/zZjqNA |
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| 19-01-12 | ||||
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Thursday, January 19, 2012
Gold pares gains after US inflation data The top risers in the sector were: Arian Silver (LON:AGQ), up 8.5 percent at 17.13 pence at midday Cluff Gold (LON:CLF), up 8 percent at 86.5 pence Peninsular Gold (LON:PGL), up 8 percent at 24 pence GGG Resources (LON:GGG), up 7 percent at 15.78 pence http://bit.ly/xBm7Lz |
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| 18-01-12 |
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BMR/BEM/GGG/NRR/NYO/NCCL/RMM/PAL/KEA/UEN
MTA/TRAP/AST SOLO OIL/AMINEX Views From The Trading Floor Wednesday 18th January 4:47 pm by Steve Asfour http://bit.ly/w1Y6Gv |
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| 18-01-12 |
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Gold holds steady as US dollar falls on inflation data
January 18. at 4:37 pm GGG Resources (LON:GGG), up 20 percent at 14.87 pence at midda Central Asia Metals (LON:CAML), up 8 percent at 65.35 pence Angel Mining (LON:ANGM), up 7.5 percent at 13.2 pence Oxus Gold (LON:OXS), up 7.5 percent at 1.4 pence Frontier Mining (LON:FML), up 7.5 percent at 3.14 pence http://bit.ly/wVtDSQ |
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| 18-01-12 | ||||
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| 18-01-12 |
Buy
Speedy Rise
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and volume do we smell anything here
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| 17-01-12 | ||||
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OB11,
it is unconfirmed and I don't personally know the poster, although from reading his other posts he seems neither a ramper or de-ramper. I hope his information is sound and certainly at least today and yesterday, buys have had a positive effect on the SP. I certainly have kept the faith and added to my holdings from 18p down to 11.9p. Not a good move atm but I can wait. Drill results and Jorc hopefully out before the merger and the pre-bfs out Q2. I think a preditor will not emerge before pre-bfs. Hopefully once that's out for all to see, ie that BBlings is a quality asset, we may get envious eyes bidding up the price. Still before that we need to get the SP back to fair value, at least mid twenties+ imo Temu |
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| 17-01-12 |
Buy
Re: Un-confirmed
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Temu
Thank goodness for that. Was getting a bit worried for a bit particular as a mate of mine keeps harping on about his GKP shares! The Hardman report was interesting, cutrrent asset price 60p Hope the SP moves quite quickly now as we don't want someone taking advantage with a low ball bid after the merger and new listing! Keep the faith! OB11 |
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| 17-01-12 | ||||
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... but a poster on ADVFN said he'd heard that a distressed seller of 3.4m shares had been selling from 19p level. Apparently he's cleared his stock and hence SP beginning to rise. It looks like buyers are back in force and we may have already had the bottom, long way to go before we reach fair value imo. We are certainly well below peer valuations.
Temu |
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| 16-01-12 | ||||
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Monday, January 16, 2012
Gold rises as French bond sale results support euro Jubilee Platinum (LON:JBL), up 32 percent at 16.2 pence at midday Minco (LON:MIO), up 9.5 percent at 2.88 pence Orsu Metals (LON:OSU), up 8.5 percent at 9.75 pence Caledonia Mining (LON:CMCL), up 7.5 percent at 7 pence GGG Resources (LON:GGG), up 6 percent at 11.65 pence http://bit.ly/zj6Wey |
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| 14-01-12 | ||||
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| 13-01-12 | ||||
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Posted on ADVFN. Just read the Money Week/Shares mag snippet Sell on the back of disappointing cost estimates . and problems finding new talent to lead the group. I can understand the second reason, GGG maybe having trouble finding someone to Chair if that person also knows they are unlikely to get to production, if true then fair comment, although PM was upbeat about finding an Aussie Chairman soonish. On the second point Im less convinced. A scoping study is always going to err on the side of caution and thats correct as they dont have the fine details. Opex shouldnt be any more than at Edna May and thats around the $800/oz level. Am also puzzled by GPs post that going to a lower grade is a bad thing. Yes it adds cost but it also increases resource base so Id have thought that was a good thing overall. Clearly there is a balance between gold produced and cost of production but again I think I remember Edna May is using 0.4g/t as a cut off and we are currently using 0.5g/t cut off. Surely they would only go to a lower cut off if the net gain in gold outweighed the extra CoP. Certainly some hefty trades today, stripping out what looks like a couple of roll-overs but including the late reported trades we have 1.76million buys v 0.62million sells. For GGG thats very decent buying volume, previously weve lost 5% on a mere 30k of sells! Be interesting to see if there is any movement in the SP on Monday. Temu |
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| 13-01-12 | ||||
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have the management made an pigs ear of things again.
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The discussion boards on this site are intended to be an information sharing forum and is not intended to address your particular requirements. Whilst information provided on them can help with your investment research you need to consider carefully whether you should make (or refraining from making) investment or other decisions based on what you see without doing further research on investments you are interested in. Participating in this forum cannot be a substitute for obtaining advice from an appropriate expert independent adviser who takes into account your circumstances and specific investment needs in selected investments that are appropriate for you.
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