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laserdisc
Platinum Contributor

Joined: 13-Nov-05
Location: United Kingdom
Posts: 618

Posted: 13-Nov-05 at 20:35 \| IP Logged

anyone interested in this share? seems cheap at the moment has risen from its years low of 25p in the last 7 days

titleist
Gold Contributor

Joined: 17-Jan-05
Posts: 348

Posted: 14-Nov-05 at 10:21 \| IP Logged

laserdisc...i bought into these manny months ago.they have bottomed out now and the upside is fabulous.read an article last week that RDG is about to release some news.these have def been oversold,and wouldnt be surprised if they double in no time...a lot depends on the Rand and Nickel prices...GOOD LUCK

laserdisc
Platinum Contributor

Joined: 13-Nov-05
Location: United Kingdom
Posts: 618

Posted: 14-Nov-05 at 11:16 \| IP Logged

yeah titleist i am quite bullish about these could be march next year before they double though . i think they are going to need a parner to expand the sheba's ridge mine they own 65% anglo platinum i think own the rest of the rights. The blue ridge mine is 100% owned by ridge & there is definately deposits see 2004 cluff report on that mine. should be some news in the next 2 weeks on how the way forward also south african stock exchange listing early next year some very positive things happening but the market thinks they will not be able to extract the nickel & platinum this is obvious from the rock bottom share price

titleist
Gold Contributor

Joined: 17-Jan-05
Posts: 348

Posted: 14-Nov-05 at 16:58 \| IP Logged

LASERDISC...thanks for the info....hope we have some fun with this one

laserdisc
Platinum Contributor

Joined: 13-Nov-05
Location: United Kingdom
Posts: 618

Posted: 14-Nov-05 at 18:58 \| IP Logged

titleist here is some more news the directors share options are exercisable at 80p in 2008

laserdisc
Platinum Contributor

Joined: 13-Nov-05
Location: United Kingdom
Posts: 618

Posted: 14-Nov-05 at 20:19 \| IP Logged

titleist,

reading a report from rbc on this share they have worked out valuations based on nickel 3.25us$per lb rand exchange rate R8.5/US$ we needv nickel UP & the rand DOWN

titleist
Gold Contributor

Joined: 17-Jan-05
Posts: 348

Posted: 15-Nov-05 at 09:51 \| IP Logged

LASERDISC.yeah,done a bit more research yesterday...like you say nickel up rand come on down...heres to a blue day

laserdisc
Platinum Contributor

Joined: 13-Nov-05
Location: United Kingdom
Posts: 618

Posted: 15-Nov-05 at 15:40 \| IP Logged

they also own a mine called fountain ridge which has been valued at nil in my original 27p valuation i am doing more research about blue ridge project as this is the mine which hopefully will come to fruitition nickel price increase could increase the value of this project SIGNIFICANTLEY 27p was my valuation they dropped to 25p for one day & were all snapped up currently 33p to buy i topped up at 28 3/4p I am looking for a dip again as i have now some more cash but may have missed the boat at that price

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