CFR - Cluff Resources Pacific
- Thread starter mobcat
- Start date
- Joined
- 27 February 2008
- Posts
- 4,670
- Reactions
- 10
LOL just an observation .. CFR used to be into diamonds too ...... funny how these poundpups all seem to find the mineral of the moment 
........FMS ring a bell ?? .... kinda when the uranium boom was on ...lol every tom dick and larry was finding that too. anyways ,,,,. go poundpups for believers
........FMS ring a bell ?? .... kinda when the uranium boom was on ...lol every tom dick and larry was finding that too. anyways ,,,,. go poundpups for believers
- Joined
- 7 November 2007
- Posts
- 312
- Reactions
- 0
Apart from the current market chaos, I think I will remember 2008 as the year of disappointing Indian IO plays.
Yes the costs of mining and shipping in India are lower than Oz, and the grade/impurities are great but it really seems like a backwater in the area of infrastructure and government dealings.
Illegal miners everywhere & even one of the exploration areas is unlikely to be mined due to environment sensitivity. The bloody road is dug up to stop tree theifs ( can you believe it) and not even 4 wheel drive access is available there.
Big promises for small fry. I should have sold when the hype was at it's peak.
I managed to get out of this one today before the bottom fell out.
Wish I could say the same for NSL.
Yes the costs of mining and shipping in India are lower than Oz, and the grade/impurities are great but it really seems like a backwater in the area of infrastructure and government dealings.
Illegal miners everywhere & even one of the exploration areas is unlikely to be mined due to environment sensitivity. The bloody road is dug up to stop tree theifs ( can you believe it) and not even 4 wheel drive access is available there.
Big promises for small fry. I should have sold when the hype was at it's peak.
I managed to get out of this one today before the bottom fell out.
Wish I could say the same for NSL.
does any one know how the CFRO options work. They are at 0.003 cents and expire in Nov 08.
I can't work out what the strike price is.
I can't find them on the ASX but, I can place an order to buy through e-trade?
what is the go - can anyone help?
would you take the risk with the current negative vibe around???
I can't work out what the strike price is.
I can't find them on the ASX but, I can place an order to buy through e-trade?
what is the go - can anyone help?
would you take the risk with the current negative vibe around???
- Joined
- 27 February 2008
- Posts
- 4,670
- Reactions
- 10
CFRO conversion price .025 30/11/08
http://www.afrsmartinvestor.com.au/tools/tables/Terms_of_exercise.pdf
http://www.afrsmartinvestor.com.au/tools/tables/Terms_of_exercise.pdf
- Joined
- 27 February 2008
- Posts
- 4,670
- Reactions
- 10
ooops conversion price=excerices price,..................same thing , different lingo........................................................................
thanx mate,
2.5 c by late nov?
given the report, does anyone think this is a possibility in 4 months?
i was considering buying tmw at 0.003 - but would i just be throwing my mony away, if there is no chance the sp will get above the 1's again in the next few weeks/months.
2.5 c by late nov?
given the report, does anyone think this is a possibility in 4 months?
i was considering buying tmw at 0.003 - but would i just be throwing my mony away, if there is no chance the sp will get above the 1's again in the next few weeks/months.
- Joined
- 27 February 2008
- Posts
- 4,670
- Reactions
- 10
Personally wouldnt touch the oppies with a ten foot pole due to the expiry date ..... if they dont recover quick you got no time on ya side to hold and wait ...... expire worthless then ya done ALL ya cash , anyways each to there own im just sayin I wouldnt touchem
I pulled my order on them CFRO's - there is no way IMO they will get to 2.5c before expiry.
I contacted CFR though - they think their shares have been oversold. They think they have a resource proposition that will show results sometime in the future.
I am thinking about entering if they go to 0.008. Have been hovering between 0.009 & 0.01 for the last few days.
Does anyone else maintain any fiath in these or have you al dumped them?
It is difficult to really ascertain the true potential if any here.
I contacted CFR though - they think their shares have been oversold. They think they have a resource proposition that will show results sometime in the future.
I am thinking about entering if they go to 0.008. Have been hovering between 0.009 & 0.01 for the last few days.
Does anyone else maintain any fiath in these or have you al dumped them?
It is difficult to really ascertain the true potential if any here.
- Joined
- 27 February 2008
- Posts
- 4,670
- Reactions
- 10
bought a few of this pound pup today .005
the vols on the 6th and today hit a few alarms for me
this is NOT an investment material stock
This a position trade for me
maybe worth a looksie as a dodgy old punt for the more carefree out there
the vols on the 6th and today hit a few alarms for me
this is NOT an investment material stock
This a position trade for me
maybe worth a looksie as a dodgy old punt for the more carefree out there
- Joined
- 14 October 2008
- Posts
- 201
- Reactions
- 0
This looks like it might be going for another run, or maybe not. Shot up to 200% yesterday, down 22% today.
TEN GEM DIAMONDS (2.42 CARATS) RECOVERED AT BINGARA
http://www.asx.com.au/asx/statistics/displayAnnouncement.do?display=pdf&idsId=00940587
Definitely a spec. stock - are you still in Nun?
TEN GEM DIAMONDS (2.42 CARATS) RECOVERED AT BINGARA
http://www.asx.com.au/asx/statistics/displayAnnouncement.do?display=pdf&idsId=00940587
Definitely a spec. stock - are you still in Nun?
- Joined
- 27 February 2008
- Posts
- 4,670
- Reactions
- 10
lol was wondering if this was gunna get a mention , waited and waited all yesterday and last night to see if anyone else held ...... no i sold out in the spike , went to re-enter today but got sidetracked .. will be watching closely now as there maybe a tick or 2 to make a buck on while the vols are there
cheers
50% rise today after annoucment.
UNDERGROUND MINE IDENTIFIED ON MONTE CHRISTO LEASE
An underground mine has been identified by Cluff’s drilling at the Monte Christo Mining
Lease, on the Bingara Diamond Field. Whilst drilling at a depth of 5.9 metres (20 feet) the
wire line core barrel dropped 1.8 metres, 0.9 metres through an open hole, and another
0.9 metres through very soft mud interpreted as soft rock shovelled into a cavity. The cavity
is interpreted as old mine workings.
The hole (MCR 26) is located on the 20 acre Monte Christo mining lease, from which
about 18,000 carats of diamonds were reported to have been produced at extremely
high grades, initially at up to 5000 carats per hundred tones, but averaging 500 carats per
hundred tones by 1903, according to NSW Mines Department records.
Figure 1 shows the location of drill hole MCR 26, fifty metres south of Cluff’s open cut from
which 1,400 carats of diamonds were recovered in the 1990s. This open cut mined tunnels
stated by the NSW Mines Department to be the Monte Christo Mine (NSW Dept Mines
Annual Report, 1894), but grades recovered were not consistent with Captain Rogers’ worldrenowned
Monte Christo Mine. Information for the maps was supplied to the Mines
Department by a third party, however, and is now considered by Cluff to describe earlier
workings on the lease.
The hole was sited within a group of old shafts, to confirm that they were used for production.
Intersection of an 1.8 metre high mining cavity in the drill hole indicates substantial
production. Further drilling and pitting for bulk sampling is underway to determine
whether this is the former Monte Christo Mine.
The Monte Christo Diamond Mine was worked underground on two near horizontal levels by
shafts 30 feet (9 metres) and 50 feet (15 metres) deep. This cavity may be the upper level of
this mine, worked from the nearby 50 foot shaft.
The lower level may also have been mined by this shaft. Clays drilled below this cavity
contained chert pebbles in a 2.8 metre bed above the hard basement at 13.5 metres. As
similar pebbles were recorded in the shaft waste dump, it is possible that the shaft also gave
access to the lower level.
Additional drill holes are under way to confirm the best location for a pit to investigate the
cavity, and bulk sample both the upper and lower levels. A bulk sampling pit is currently in
progress near drill hole MRP 25 to test whether a fragmental rock penetrated between 5 and
7.5 metres carries diamonds.
after annoucment.UNDERGROUND MINE IDENTIFIED ON MONTE CHRISTO LEASE
An underground mine has been identified by Cluff’s drilling at the Monte Christo Mining
Lease, on the Bingara Diamond Field. Whilst drilling at a depth of 5.9 metres (20 feet) the
wire line core barrel dropped 1.8 metres, 0.9 metres through an open hole, and another
0.9 metres through very soft mud interpreted as soft rock shovelled into a cavity. The cavity
is interpreted as old mine workings.
The hole (MCR 26) is located on the 20 acre Monte Christo mining lease, from which
about 18,000 carats of diamonds were reported to have been produced at extremely
high grades, initially at up to 5000 carats per hundred tones, but averaging 500 carats per
hundred tones by 1903, according to NSW Mines Department records.
Figure 1 shows the location of drill hole MCR 26, fifty metres south of Cluff’s open cut from
which 1,400 carats of diamonds were recovered in the 1990s. This open cut mined tunnels
stated by the NSW Mines Department to be the Monte Christo Mine (NSW Dept Mines
Annual Report, 1894), but grades recovered were not consistent with Captain Rogers’ worldrenowned
Monte Christo Mine. Information for the maps was supplied to the Mines
Department by a third party, however, and is now considered by Cluff to describe earlier
workings on the lease.
The hole was sited within a group of old shafts, to confirm that they were used for production.
Intersection of an 1.8 metre high mining cavity in the drill hole indicates substantial
production. Further drilling and pitting for bulk sampling is underway to determine
whether this is the former Monte Christo Mine.
The Monte Christo Diamond Mine was worked underground on two near horizontal levels by
shafts 30 feet (9 metres) and 50 feet (15 metres) deep. This cavity may be the upper level of
this mine, worked from the nearby 50 foot shaft.
The lower level may also have been mined by this shaft. Clays drilled below this cavity
contained chert pebbles in a 2.8 metre bed above the hard basement at 13.5 metres. As
similar pebbles were recorded in the shaft waste dump, it is possible that the shaft also gave
access to the lower level.
Additional drill holes are under way to confirm the best location for a pit to investigate the
cavity, and bulk sample both the upper and lower levels. A bulk sampling pit is currently in
progress near drill hole MRP 25 to test whether a fragmental rock penetrated between 5 and
7.5 metres carries diamonds.
- Joined
- 31 August 2009
- Posts
- 376
- Reactions
- 1
New asx announcement today, volume spiked on announcement and price up slightly, I ownly have a hatfull of these, just thought anyone who has them might be interested....
THIRTY DIAMONDS RECOVERED FROM MONTE CHRISTO LEASE, BINGARA
Thirty diamonds have been recovered in the process of deepening Bulk Sampling Pit
MCR 45 (over Hole MCR 26) to the interpreted second mining level at 13.5 metres. The
diamonds came from the upper level, previously sampled but now exposed over a larger
area, to further clarify what was mined. Unmined gravels from this level were extracted
and processed, and the diamonds recovered are shown below.....etc etc
THIRTY DIAMONDS RECOVERED FROM MONTE CHRISTO LEASE, BINGARA
Thirty diamonds have been recovered in the process of deepening Bulk Sampling Pit
MCR 45 (over Hole MCR 26) to the interpreted second mining level at 13.5 metres. The
diamonds came from the upper level, previously sampled but now exposed over a larger
area, to further clarify what was mined. Unmined gravels from this level were extracted
and processed, and the diamonds recovered are shown below.....etc etc
