BTV - Batavia Mining

[yogi-in-oz]

Hi folks,

BTV ..... now in a trading halt ..... expect
this news to be BIG .....

..... but the best part ..... there's more
to come, later in 2006 ..... !~!

happy days

yogi

 

[laurie]

Hi folks,

BTV ..... now in a trading halt ..... expect
this news to be BIG .....

..... but the best part ..... there's more
to come, later in 2006 ..... !~!

happy days

yogi

I don't get too excited any more with trading halts....most report capital raising or share placement still I hope you are right yogi

cheers laurie

 

[laurie]

Excellent resource up grades

(BTV) Batavia Isuues Mineral Resource Upgrade
6-Jan



Batavia Mining Limited has taken a further step towards the development of its 100% owned Gullewa Gold-Copper Project in Western Australia with the announcement of a significantly upgraded classified mineral resource estimate for the main Deflector deposit.

The new resource calculation, prepared by Snowden Mining Industry Consultants, follows completion of a deep drilling program at the Deflector deposit during the second half of 2005, including testing down dip extensions to the West and Central lodes, and estimates the total resource for the Deflector goldcopper project at 2.65 million tonnes at 6.04 g/t gold and 1.23% copper containing 775,000 gold equivalent ounces.

The new estimate represents a 130% increase in total mineral resource tonnes and a 140% increase in gold equivalent ounces when compared with the previous estimate of 1.14 million tonnes at 6.2g/t Au and 1.3% Cu containing 322,000 gold equivalent ounces prepared in February 2005 by Snowden.

cheers laurie

 

[laurie]

BTV sp up 65%
BTVO sp up 120%

on to-days announcement

cheers laurie

 

[yogi-in-oz]

..... it sure sounds like you are excited
this time, Laurie.

happy trading


yogi

 

[MalteseBull]

I am cursing myself over this one!! Have been watching it for a few weeks now, Missed another opportunity cause i was pre-occupied with work.

I am on the verge of buying it at .08 as i think it's a highly undervalued stock with great potential (re: it's mineral upgrade)..

anyone comments?

 

[white_rabit]

from what I understand they want to get this mine into production as soon as possible. Don't know if I would buy in at 8c, although give it a few months and who knows what the price will be at.

 

[laurie]

I am cursing myself over this one!! Have been watching it for a few weeks now, Missed another opportunity cause i was pre-occupied with work.

I am on the verge of buying it at .08 as i think it's a highly undervalued stock with great potential (re: it's mineral upgrade)..

anyone comments?

Hindsight is a great thing been in you situation many times I still think now's the time to jump on as I also topped up myself glad I took up the SPP & options offer

cheers laurie

ps don't forget Uranium hasn't been the reason for the increase which is a bonus and any ann on U308 will just drive it up

 

[MalteseBull]

I am in at .08
still strong support
could be seeing this one go all the way to .10 IMO

 

[MalteseBull]

Trading Halt Today

 

[etrader1]

I am in at .08
still strong support
could be seeing this one go all the way to .10 IMO

Are you still holding BTV? Big volume today of more than 21M shares but sp down to 0.065.

What are your thoughts?

 

[Market Cap]

BTV was trading halt but from today it's suspended from official trading.
Anyone know anything as to why it is suspended?

 

[laurie]

Suspension only for at least 48hrs then the full story will be told! you do get nervous thou when these things happen

cheers laurie

 

[Market Cap]

Suspension only for at least 48hrs then the full story will be told! you do get nervous thou when these things happen

cheers laurie

Thanks laurie. It's first time one of my shares got suspended and got a fright this morning when i checked my balance and saw that it went to ZERO balance. Just praying now.

Cheers,
Market Cap

 

[Sodapop]

Looks like the Gullewa Project has effectively been greenlighted (by the recent developments)... There's $8m or so coming in from the recent placement and the underwritten options exercise - and another tranche of 5c options will come into existence - A large proportion of which it is not unreasonable to expect to get exercised... supposing that the $13m startup cost is about correct it looks like a fait accompli to get started (maybe) by late '06... I can't see guys like P.O.M. getting on board in such a whimsical way unless they have real reasons... The best part is (a) they may be able to get it going with no (or a bare minimum of) debt and (b) they are rewarding shareholders who stick it out on their register... And the project still has a lot of upside (look at this weeks ann.)...

 

[laurie]

URANIUM PORTFOLIO DIVESTMENT
Harts Range Tenements and other Uranium Projects owned by the
Company to be divested.
Batavia shareholders to be given priority participation.
Batavia Mining Limited (ASX – BTV) is pleased to advise that it is in the process of
structuring the divestment of the Harts Range Tenements and other Uranium Projects
in the Northern Territory, currently held by a wholly owned subsidiary of the
Company. The form of this divestment and the timing of the restructure are still being
considered by the Company.
The Company believes that the divestment of the uranium assets will realise the
maximum value for the Company and its shareholders. The Company intends to give
shareholders a priority right to participate in any capital raising.
The Company considers that a separate listing of the uranium assets will ensure
adequate funding for exploration, allow for better focus on their development and
enable a more transparent market value to be placed on them.
The details of the structure, the timetable of the divestment and the priority
arrangement for shareholders to participate will be announced once they are finalised.
Yours faithfully
Batavia Mining Limited
Greg Durack
Managing Director
4 April 2006

cheers laurie

 

[yogi-in-oz]

BTV .....

..... but the best part ..... there's more
to come, later in 2006 ..... !~!

yogi

Dontcha just love it ... ??? .....

BTV - today's news:

High-Grade Gold-Copper Intersections from drilling programme

happy days

yogi

P.S. ..... holding BTV.

 

[pharaoh]

Hi Yogi

I bought into bTV yesterday
Looking good atm, undervalued big time imo

U developments coming out in the next few weeks, happy days ahead...

 

[Fab]

Pharaoh,

What makes you say that this stock is undervalued ???

Cheers

 

[pharaoh]

Hi Fab

Gold is going higher, and we hold shares in an emerging producer with a high grade deposit in WA.

They have copper, and now have a U factor coming into play.

Sentiment is they will have an ann in the next 1-2 weeks on u, and sp will move north, my prediction is around 10c in next few weeks and 20c in next 2 months

Just my opinion of what i've read, dyor