CRI - Critica Limited

[KIWIKARLOS]

From what i understand underground water movements deposit the minerals into these formations, the rock they encountered shows signs of this water movement, deposition process.

Am I right anyone?

 

[Speedbird675]

Apparently is a type of geophysical structure that is a good indicator or the presence of the process that creates these mineralisations.

.59 on close! If this baby hits anything resembling mineralisation were all going on holidays.

**** yeah ... what a run ... all the pain caused by mox has been subdued : .. fingers x'd hope the results are good ...

 

[KIWIKARLOS]

I'm kicking myself I didn't buy more... those 1c options are at .34 thats unbelievable. If you had 50 bucks of oppies you now have $1700 bucks in 2 months

 

[tomcat]

Someone might be able to enlighten me here a bit in regard to the Churchill Dam drilling and the first drill hole that intersected "130m of IOCGU style alteration." This 130m is described as "brecciated and hematite-altered Gawler Range Volcanics."

Does this actually mean that there is a defined discovery of Iron Ore, Copper, Gold, or Uranium? Or, mearly that the drill hole intecepted dirt which usually holds these minerals? I am thinking the later.

Does this mean that there might not actually be any IOCG, or U, there? Or, is it enough of a result to bank on a big resource find?

If it's the later, it looks pretty Dam good!

(not holding)

Hi Kennas,

The way I understand it, they would still need to complete assays on the 130m find to determine exactly what amounts of Copper, Gold and Uranium are present but it is the same type of mineralisation as Olympic Dam which is still a very positive sign. The main issues with the first hole was the depth. 800m down would mean a deep underground mine just to get to the deposit.

Hopefully the next hole intersects the formation at higher depths which then really starts to make things interesting. If that happens and the assays are postive then all of a sudden we will see more rigs engaged to drill the place apart and really size up the deposit.

Fingers crossed!

 

[ETG]

OK - I am new to this Forum but have been 'watching'. My broker has just let me know that the management team have been on a roadshow since last Friday - They are promoting and explaining what they have discovered and what they are expecting - The simple 'news' is very good! and they are expecting high grade gold in abundance. Hence y the stock price has moved so far -

I suspect it would have been much higher today had it not been for the overall sell off in the market - Keep Watching this Stock!

 

[Sean K]

OK - I am new to this Forum but have been 'watching'. My broker has just let me know that the management team have been on a roadshow since last Friday - They are promoting and explaining what they have discovered and what they are expecting - The simple 'news' is very good! and they are expecting high grade gold in abundance. Hence y the stock price has moved so far -

I suspect it would have been much higher today had it not been for the overall sell off in the market - Keep Watching this Stock!

Is this 'news' in regard to Churschill Dam ETG?

Just as a word of advice, understanding that it's your first post, and you have been 'watching', Joe's policy on 'rumours' is that there isn't to be any posted, unless you name the source. In this case, you probably need to name your broker. Cheers. Sounds like good info for VMS holders.

https://www.aussiestockforums.com/forums/showthread.php?t=5917

 

[tomcat]

OK - I am new to this Forum but have been 'watching'. My broker has just let me know that the management team have been on a roadshow since last Friday - They are promoting and explaining what they have discovered and what they are expecting - The simple 'news' is very good! and they are expecting high grade gold in abundance. Hence y the stock price has moved so far -

I suspect it would have been much higher today had it not been for the overall sell off in the market - Keep Watching this Stock!

I couldn't find any presentations or brokers reports relating to the assays of the first hole...can you get your broker to forward the presentation as i assume that there would be a power point release with the roadshow and post it for us.

 

[saltyjones]

OK - I am new to this Forum but have been 'watching'. My broker has just let me know that the management team have been on a roadshow since last Friday - They are promoting and explaining what they have discovered and what they are expecting - The simple 'news' is very good! and they are expecting high grade gold in abundance. Hence y the stock price has moved so far -

I suspect it would have been much higher today had it not been for the overall sell off in the market - Keep Watching this Stock!

I suspect ETG to be a voice without any substance or merit. His comments are to be discounted.

 

[ETG]

Guys i apologise - i had the wrong stock, Broker was unclear or i heard it wrong, so i rang him! - The comments were not meant to be misleading and you people should just be cautious in what you say or you'll have only yourselfs on this forum!

The stock i was refering to was NWR - NorthWest Resources.

 

[greggy]

Guys i apologise - i had the wrong stock, Broker was unclear or i heard it wrong, so i rang him! - The comments were not meant to be misleading and you people should just be cautious in what you say or you'll have only yourselfs on this forum!

The stock i was refering to was NWR - NorthWest Resources.

There's a few rampers around on NWR. Remember the sell uranium stocks thread for more info.
I hope no one bought on the basis of your misleading info. It good that you apologise, but then you turn around and pointed your finger at people's faces. So you can do whatever you like with your apology!! I'll know where I'll stick yours|
Kennas is spot on as per usual.
However, some of the newbies who've come aboard lately may well have joined just to ramp their stock.
DYOR

 

[tomcat]

Greggy,

Have you heard any more on this stock, I was looking for an announcement from them this week but nothing thus far. Very difficult to know if lack of an announcement is a good or bad sign as they must be close to finishing the hole.

 

[greggy]

Greggy,

Have you heard any more on this stock, I was looking for an announcement from them this week but nothing thus far. Very difficult to know if lack of an announcement is a good or bad sign as they must be close to finishing the hole.

Hi Tomcat,

I haven't followed this stock as closely since exiting the stock. It had a good day yesterday up 4c to 54c. Since announcing 02 21/2/07 that they've commenced drilling their 2nd hole at their Churchill Dam Project there's been no further announcements on how its been going. Its hard to tell whether this is a good or bad sign and I would not like to speculate either way. I bought into this stock in the mid 20s and I was lucky to later get out with a good profit. VMS is currently out of my price range. I bought in originally for the potential of its Churchill Dam Project, I was hoping it could be the next Monax (as per my previous contributions to this thread). Monax had an excellent run at the time.
Please also be aware that VMS also very interesting uranium leases in WA.
DYOR

 

[kevro]

Hi Greggy,
Also drilling starting this month on the Devine nickel prospect at Maitland (Not the U). Also encouraging to see the strong buying on Friday especially with the delayed conclusion to the secong hole. Still holding from .25c ave.

 

[greggy]

Hi Greggy,
Also drilling starting this month on the Devine nickel prospect at Maitland (Not the U). Also encouraging to see the strong buying on Friday especially with the delayed conclusion to the secong hole. Still holding from .25c ave.

Hi Kevro,

Its good to here from you. You must be laughing now and taking into account the options issue you have deservedly done very well indeed. Its amazing how well VMS's share price has held up of late.
One point that I would like to add is that I've been finally able to talk to Mr Radonjic (this time about HCY of which he is also MD). Previously he had been reluctant to speak to me. Maybe he's now realising that its good to keep shareholders fully informed. This can only be good news.
Good luck to all VMS shareholders.
DYOR

 

[Speedbird675]

Credit Suisse got rid of most of its holdings in VMS .. whats you guys think about that .. down almost 11% on low volumes !!!

Expert comments welcome .. I am still holding my small package.

 

[greggy]

Credit Suisse got rid of most of its holdings in VMS .. whats you guys think about that .. down almost 11% on low volumes !!!

Expert comments welcome .. I am still holding my small package.

Selling by Credit Suisse is clearly a bearish sign. Credit Suisse built up quite a stake at lower levels and is no doubt taking its profits off the table. Overall, VMS has had an excellent run of late and its not surprising that Credit Suisse have got rid of most of its holding. Still, as has been alerted in previous postings, VMS has plenty of potential. For me its just a question of how much am I prepared to pay for it. Good luck to VMS shareholders.
DYOR

 

[kevro]

They are still holding in excess of a million shares and they have a truckload of options from the 1 for 3 issue. Taking some profits is allways encouraged here and I would do the same if I was in they same situation.

 

[greggy]

They are still holding in excess of a million shares and they have a truckload of options from the 1 for 3 issue. Taking some profits is allways encouraged here and I would do the same if I was in they same situation.

Hi Kevro,

Fair enough comments. On the subject of VMS, how significant is the Devine nickel prospect?
DYOR

 

[kevro]

Hi Kevro,

Fair enough comments. On the subject of VMS, how significant is the Devine nickel prospect?
DYOR

To be honest Greggy I'm not sure. Bit of a surprise when it came up in an update because I totally missed it on there website list of projects. I hav'nt been back to see if it was there but I might do that now.

 

[greggy]

To be honest Greggy I'm not sure. Bit of a surprise when it came up in an update because I totally missed it on there website list of projects. I hav'nt been back to see if it was there but I might do that now.

Kevro,

When researching VMS in the past I overlooked its nickel potential, concentrating on its uranium and "Olympic Dam style mineralisation" potential.
DYOR