FFR - Firefly Resources

[happytown]

Re: BMY - Brumby Resources

from recent qtrly rep

14 holes drilled @ Bootu Creek N for 993m, results received, intersections in 4 holes only, as follows:

1m @ 3.70% Mn from 68m;
2m @ 2.63% Mn from 70m [1m @ 3.8% Mn];
7m @ 0.68% Mn from 18m [1m @ 1.6% Mn];
5m @ 1.91% Mn from 26m [1m @ 3.8% Mn].

worst Mn intersections seen reported for some time

 

[adobee]

Re: BMY - Brumby Resources

BMY showing some string moves in last few days .. could be on the verge of a break out.. history shows it can move fast and hard but can also burn especially me on options ... Keep an eye on it though ..

8c on 5th March to 13c today .
16th March: Brumby Hits High-grade Manganese in Oakover Surface Sampling

I am still unsure if this company is about creating a great mining company and wealth for share holders or a high income for the directors and trading opportunity for associates. ..

 

[Bigukraine]

Re: BMY - Brumby Resources

BMY showing some string moves in last few days .. could be on the verge of a break out.. history shows it can move fast and hard but can also burn especially me on options ... Keep an eye on it though ..

8c on 5th March to 13c today .
16th March: Brumby Hits High-grade Manganese in Oakover Surface Sampling

I am still unsure if this company is about creating a great mining company and wealth for share holders or a high income for the directors and trading opportunity for associates. ..

Hi adobee ,

up 21% in early trade this am ,buy side vol"s up an sell"s not much on offer if you are still holding well done with your ability to hold out and wait for the ann. also hope it helps you with the current situation with ctp best of luck . BU

 

[adobee]

Re: BMY - Brumby Resources

20c today.. no new news out.. they should have a speeding ticket..
not sure what is going down on this.. either big news coming out or directors pumping it to make some cash on their new shares..

i cant believe this is after previous options expired... arrrhhgggg

 

[dandyjac]

Re: BMY - Brumby Resources

20c today.. no new news out.. they should have a speeding ticket..
not sure what is going down on this.. either big news coming out or directors pumping it to make some cash on their new shares..

i cant believe this is after previous options expired... arrrhhgggg

Your right brumby copped a speeding ticket today, from what the directors are reporting there is no news it must be from all the iron ore hype around at the moment - good to see this company share price get back into the 20s hopefully heading toward the 30s

 

[adobee]

Re: BMY - Brumby Resources

bit of movement in the brumby camp today... no news out but $200k shares traded.. around 19-20c... Wouldnt be surprised to see something out shortly.. will keep my eye on it..

 

[adobee]

Re: BMY - Brumby Resources

The changes also include the appointment of former Sandfire Resources director John Hutton as a nonexecutive director of Brumby, while director Geoff Jones has been appointed non-executive chairman following the retirement last month of Bill Ryan. Mr Hutton is the son of the late prospector Graeme Hutton, who was instrumental in assembling the WA and Northern Territory leases for the public floats of both Brumby and Sandfire. Graeme Hutton was also behind the successful float of Kimberley Diamond Company – which was taken over by Gem Diamonds for $320 million in 2007- and was also the prospector credited with some of Western Australia’s most significant iron ore discoveries. John Hutton, who recently increased his shareholding in Brumby to 5.29%, has been involved in a number of successful private companies in the resources, pearling and tourism industries. He is also on the boards of listed explorer Resource & Investment Ltd and aquaculture group Marine Produce Australia.

Fingers crossed Hutt's knows a good investment when he see's one.. Drilling underway finally there could be some results out of this donkey ..

 

[adobee]

Re: BMY - Brumby Resources

Has moved up from 20c since my last post to around 27c today.. little new news out but I think people taking notice of this with a clean sweep of the board and the new team.. anything ex sandfire is hot now days.. Market cap still leaves this stock very attractive.. Bought at 21c buying again at 26c today.. Should be exciting couple of months ..

 

[tigerboi]

Re: BMY - Brumby Resources

still in brumby just threw them in the bottom draw during the gfc drama & only ever had a look every 6 months.
good news must be on the way.tb

 

[adobee]

Re: BMY - Brumby Resources

Good to know your still on it.. The options proved to be a dud but with John Hutton now on board bringing a wealth of experience its time for brumby to show what they really have (for those who dont knows what I am talking about jump on the website and check out some maps) ... Have loaded up last couple of weeks and cant wait for some news ..

 

[adobee]

Re: BMY - Brumby Resources

sellers getting taken up.. very little still available at the moment..
Looks like it could break hard.. No news yet so still a waiting game but getting very tight..

 

[KurwaJegoMac]

Re: BMY - Brumby Resources

Bought in yesterday after doing some TA. Looks like it's got a solid breakout happening - today's performance is confirming it nicely

 

[adobee]

Re: BMY - Brumby Resources

really hoping it can push through 33c this would then be off and running imo..
may take some news to get this happening though.. (would be nice if its before the end of the month so I can win the asf tipping comp)

i am very bullish on bmy due to projects (HUGE potential, just look at the map on the website) , J Hutton getting on board (Ex Sandfire), and forth coming results.. but having been burnt before on the options am still skeptical..

Holding a fair bit but on good announcement will be going in very strong.. If they announce some good results I think Atlas will be all over it.. Atlas seems very aggressive in trying to build its resource atm.. (This is purely my opinion and a guess)...

 

[tigerboi]

Re: BMY-must punch through 40c for me...

hi adobee still watching brumby,i want to see it punch thru 40c before anything else,seems like a few taking profits atm.
watching with interest...tb

 

[adobee]

Re: BMY - Brumby Resources

cant blame them anyone who bought couple of weeks back round 20c is making 30-50% profit at the levels of the last few days... Definetly wont be selling.. will be putting another order in on open as I expect it to drop like everything else today...

 

[adobee]

Re: BMY - Brumby Resources

buyers fallen back a bit at the moment.. hope to see it bounce of 26c and back over the 30s.. Would love to see an update on the two current drill projects that are in progress ....

 

[adobee]

Re: BMY - Brumby Resources

Lot of buyers stacked up at 30c 500k 10 sellers and 34c similiar scenario. .. seems a bit odd.. looks to me like someone might be trying to put in a road block and keep accumulating below 30c..

Keenly waiting a drilling update ..

 

[adobee]

Re: BMY - Brumby Resources

Quarterly Report to 31 December 2010________________________________________________________________________
HIGHLIGHTS
Operational
- A 5,000m (91 hole) drilling programme was carried out at the Company’s 100% owned
Oakover Project, designed to follow up previous encouraging manganese intersections.
Preliminary assay results from the first four holes indicate extensive manganese (Mn)
mineralisation with best results being 7m @ 21.71% Mn including 5m @ 24.62% Mn, 5m @ 18.05% Mn including 1m @ 27.84% Mn and 2m @ 17.78% Mn including 1m @ 21.17% Mn.

- A 2,000m RC drilling programme was completed at the Company’s 100% owned Ethel
Creek Project, designed to test strike extensions of the previously identified anomalous
Mn in a palaeochannel, and conductors delineated by a VTEM survey carried out in
October 2010. Assay results are awaited.

- A 900m RC drilling programme was completed at the Company’s Brilliant Well Project,
designed to follow up previously identified anomalous gold and base metal results Encouraging nickel and cobalt intersections reported from drilling results at the Balla
Yule Project

-Caranbirini Project Area substantially increased with two additional tenements granted.
VTEM survey delineates large conductor.

 

[adobee]

Re: BMY - Brumby Resources

wow someone obviously wants out ?!!?

Think this looks pretty good around 22c .. would like to see some buyer stacking up before I top up again.. definetly not selling any not matter what happens.. last time I did that it was 7c ..

 

[88mph]

Re: BMY - Brumby Resources

What has happened to BMY, was pushing 40c then just dropped.

Who sold and why?