BTV - Batavia Mining
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I'm sure there was this debate when Oxiana was at this level I hold AEX/EXT/BTV for this reason if I strike only one of these three then the rest is not a concern then again I could get 3 Aces 
I rather get on at a station rather than trying jumping on a speeding train 
cheers laurie
I rather get on at a station rather than trying jumping on a speeding train cheers laurie
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It's been a while since this stock had a mention .... but I think it deserves some attention.
Quality announcement .... with a great looking chart ... heading north and just crossed the 70 day exp Moving Average .... looks like a continuation of uptrend after the recent correction
It's in a now popular business ... uranium exploration in the NT, amongst other things.
Any thoughts please
Dave
___________________________
"L" Plates attached ... I'm in the red ... LOL ... this information certainly not to be misconstrued as financial advice.
Quality announcement .... with a great looking chart ... heading north and just crossed the 70 day exp Moving Average .... looks like a continuation of uptrend after the recent correction
It's in a now popular business ... uranium exploration in the NT, amongst other things.
Any thoughts please
Dave
___________________________
"L" Plates attached ... I'm in the red ... LOL ... this information certainly not to be misconstrued as financial advice.
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brissydave - just looking at their qtrly report - certainly some impressive results - 12m @ 5 g/t Au is pretty good isn't it?
likely they will increase their resource currently 515k Au + some copper - BFS by end of Nov 06
As well theres possible hematite areas to undergo drilling later this year, and BTV shareholders to get priority for proposed float of uranium leases thru Thor Mining PLC IPO on ASX (for approval 9 Aug)
Chart seems to broken above 5,4-5,6 resistance and 5.6 is now support - twiggs, macd on the up - now just need some volume!
Seems enough going on to keep people interest - mkt cap of only approx $22m
likely they will increase their resource currently 515k Au + some copper - BFS by end of Nov 06
As well theres possible hematite areas to undergo drilling later this year, and BTV shareholders to get priority for proposed float of uranium leases thru Thor Mining PLC IPO on ASX (for approval 9 Aug)
Chart seems to broken above 5,4-5,6 resistance and 5.6 is now support - twiggs, macd on the up - now just need some volume!
Seems enough going on to keep people interest - mkt cap of only approx $22m
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Batavia Mining Announces Priority Entitlement in Thor IPO
Wednesday August 9, 2006, 2:07 pm
Original Announcement: Priority Entitlement in Thor IPO/Disclosure Document
Batavia Mining advised that as part of the disposal of its portfolio of uranium tenements, the company's shareholders are to be given a Priority participation in the Initial Public Offering of Thor Mining. Thor has lodged a Prospectus with ASIC to raise up to $10.5 million by way of the issue of up to 52.5m shares at 20 cents per share with a free attaching warrant for every 2 offer shares. The Priority participation is for a maximum of 30m shares and 15m warrants and will be offered to all shareholders registered as holding at least 10,000 shares at the close of business on 15 August 2006. Batavia has agreed to sell its uranium portfolio to Thor in return for 16m shares and 8.5m warrants. This transaction was approved by shareholders today in EGM.
More information about BTV.AX
Wednesday August 9, 2006, 2:07 pm
Original Announcement: Priority Entitlement in Thor IPO/Disclosure Document
Batavia Mining advised that as part of the disposal of its portfolio of uranium tenements, the company's shareholders are to be given a Priority participation in the Initial Public Offering of Thor Mining. Thor has lodged a Prospectus with ASIC to raise up to $10.5 million by way of the issue of up to 52.5m shares at 20 cents per share with a free attaching warrant for every 2 offer shares. The Priority participation is for a maximum of 30m shares and 15m warrants and will be offered to all shareholders registered as holding at least 10,000 shares at the close of business on 15 August 2006. Batavia has agreed to sell its uranium portfolio to Thor in return for 16m shares and 8.5m warrants. This transaction was approved by shareholders today in EGM.
More information about BTV.AX
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trading halt until friday - given weakness over last few days doesn't look good - any thoughts?
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laurie - maybe pm the negative side but speaking from experience - have been burnt before and weakening share price before trading halt usually is a signal - hope i'm proved wrong !!
care to speculate what it may be in relation to?
have just flicked back thru announcements and deflector resource modelling is due now - so maybe your faith is well founded
what do you think of the Thor IPO - just received prospectus and U308 country hasn't had a great past exploration history - also not sure what value is placed on a tungsten atm?
heres hoping for a happy friday!
care to speculate what it may be in relation to?
have just flicked back thru announcements and deflector resource modelling is due now - so maybe your faith is well founded
what do you think of the Thor IPO - just received prospectus and U308 country hasn't had a great past exploration history - also not sure what value is placed on a tungsten atm?
heres hoping for a happy friday!
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Announcement out with improved indicated resource and progress on BFS for deflector... trading halt lifted
good news laurie!
good news laurie!
56gsa I may have been slightly harsh on you yeh it has been a bit slow taking off and looking back you are right about the weakness it's a hard one to pin down 50/50 either way but one to be cautious about regarding the THOR I'm in just to cover my ar$e it may well take off
cheers laurie
yeh it has been a bit slow taking off and looking back you are right about the weakness it's a hard one to pin down 50/50 either way but one to be cautious about regarding the THOR I'm in just to cover my ar$e it may well take off cheers laurie
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Needs tobounce off 3.5cents.Ken said:
If it dips below, then bail out really fast - the good ship Batavia will again have struck rocks.
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some may have sent this one to the dog box (I almost did!) - but starting to head north again and buyers returning.
Mkt Cap $25m, estimated total net profit from deflector $64m - in country near OXR's Golden Grove - final BFS due in Dec when decision will be made, has other exploration targets and 12% of newly listed THR (worth about $3m atm)
Mkt Cap $25m, estimated total net profit from deflector $64m - in country near OXR's Golden Grove - final BFS due in Dec when decision will be made, has other exploration targets and 12% of newly listed THR (worth about $3m atm)
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Yeah - it seems to be heating up... I can't see Pattersons cheerleading it unless they saw some decent potential... At any rate we should know what will be up in the next few months or so... They are rid of the THR tenements now which is a blessing - never thought that much of the whole U direction they took... But the Deflector project certainly looks the goods... finger crossed for a +BFS - should require minimal debt as a bonus - since i'd imagine that most of the 5c options will be exercised in the event of the go ahead... as far as i can see the market is taking a wait and see approach given Delector's checked history... then again might be a good opportunity to get in...
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buyers starting to chase this up....
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Good day for BTV - BFS nearing completion... and the price has been moving a little in anticipation (or some other reason - )... Bought a few more BTVOCs to top up on my existing holdings of the FPOs and BTVOCs - like where this is going: short time to production, high grade Au deposit (with Cu and Ag credits), and the deposit looks like it could be very lucrative the further down it is mined - check out the assays at the lower limit of the drilling not that wide but very rich (9m @ 65.2g/t, 4.9 @ 19.2, 9 @ 10.9, and 1.5 @ 34.2)... and it can be (not unreasonably) assumed that they continue at a similar tenor... for me this is the real attraction of BTV if they prove up more and more bonanza assays like that in the deeper regions - i think it is going to fly...
)... Bought a few more BTVOCs to top up on my existing holdings of the FPOs and BTVOCs - like where this is going: short time to production, high grade Au deposit (with Cu and Ag credits), and the deposit looks like it could be very lucrative the further down it is mined - check out the assays at the lower limit of the drilling not that wide but very rich (9m @ 65.2g/t, 4.9 @ 19.2, 9 @ 10.9, and 1.5 @ 34.2)... and it can be (not unreasonably) assumed that they continue at a similar tenor... for me this is the real attraction of BTV if they prove up more and more bonanza assays like that in the deeper regions - i think it is going to fly...
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this is getting awfully close to breaking through the 5c mark and out of the ascending triangle. A bit more volume...c'mon....
Sean K
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