Australian (ASX) Stock Market Forum

KAI - Kairos Minerals

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21 September 2006
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Have just heard a rumour that they have found a large deposit of Gold, has anyone else heard the same? If that is true could be a cheap buy at 0.007.
reg Dave
 
Re: MPJ - Mining Projects Group

I have heard the rumors are true, can any one confirm if they have heard the same????
 
Re: MPJ - Mining Projects Group

It looks like something is about to happen on this one, the MACD has crossed today and there seems to be a support line at .007 and definitely a buy at a break of 1.2cents, if you don't get in before the break occurs.
 
Re: MPJ - Mining Projects Group

Dave I heard that the drillings started last week (7 November) and they are waiting for results. From what I know results are really good with 1000 meters already drilled.

Some one bought 50-60 million shares last month (30 October) and to be this stock could be easily x4 or hopefully x5 with any outstanding results.
 
Re: MPJ - Mining Projects Group

Interesting tiny cap, $9million.

Exploring for base metals in Talga Peak, WA, have returned some reasonable results, with drilling continuing. And JV with IGO looking for Nickel (Lake Lefroy).

They also hold interest in the following companies:

Atlas Iron - 3 million shares, 2.15 million options = $2,962,500

Eleckra Mines - 4.65 million shares = $3,022,500

Mintails - 5.3 million shares = $3,445,000

Cash at hand = $1,472,000

Thus, as at friday's close, assets exceed market cap.

Director has been buying up in a serious way in the last month.

1.5 bil shares on offer, last price, .006, + 693 million options, July 09, (ex price .009), last price .002.

Disc - I dont hold.
 
Re: MPJ - Mining Projects Group

i hold the options (5,000,000 )............ just a spec play i suppose. cant be all that bad a gamble given the shares they hold in other companies.

cheers PC
 
MJP - Mining Projects Group

Found this stock a few months ago. Has not been doing much but there has been a speeding ticket issued in June 2007. Anyone got any thoughts on this.
sp is 0.008 a good one to get maybe and see what happens. I bought in today hoping that my luck will hold. Baggy
 
Re: MPJ - Mining Projects Group

I bought in about 6 months ago at 0.009 and sold about 2 months later for 0.006, didn't seem to be doing anything
 
Re: MPJ - Mining Projects Group

It has not done much at all from what I can see but there is big volumes changing hands and they do hold some good stocks. I will hang with them for a while and hope that the sp rises. Baggy
 
Re: MPJ - Mining Projects Group

Pretty big volume today 61M - haven't seen that in a while on this one
The oppies also did 15M too,
any thoughts???
 
Re: MPJ - Mining Projects Group

I thought it could be a potential breaks out.
I would like to have some, if I you post your discovery before close. :(
 
Re: MPJ - Mining Projects Group

sorry mate, only discovered it way after closing bell!!!

oh well, have to keep an eye on it:)

happy hunting
 
Re: MPJ - Mining Projects Group

This ran today. I can see it breaking 1.5c and then off it goes on Monday pending on waht happens with the DOW tonight.

Young Trader do you think it has potential?
 
Re: MPJ - Mining Projects Group

Some very crazy amount of shares on issue here...

1,416,000,000 on issue and at 19/07/07 they had a private placement to sophisticated investors of 330,000,000 new shares.

Going to need more than a semi trailer to move this one.
 
Re: MPJ - Mining Projects Group

Hello,

Can anyone give me an update on this stock seems very little is known here. Some large volumes are traded every day but it only seems to rise slowly over time.


:)
 
Re: MPJ - Mining Projects Group

I have been watching MPJ for awhile now, as I was with FDL

Both had NTA's that were greater than their respective SP's


Well I have jumped in on MPJ today at 1c for a trade, it has an NTA of 1.1c made up of cash and listed investments, so their other projects are free

Anyone else watching this one?
 

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Re: MPJ - Mining Projects Group

Quite a while - check my stock pick this month ;)

I haven't looked into the quality of their own tenements, have you had a look yet?
 
Re: MPJ - Mining Projects Group

Quite a while - check my stock pick this month ;)

I haven't looked into the quality of their own tenements, have you had a look yet?

lol Doc, your always on the wee ones with good potential,

Umm no idea, its a trade really for me,

I haven't been in fundamental mode for awhile

Doesn't look like its going to run though :(
 
Re: MPJ - Mining Projects Group

*Plenty* of supply at 1-1.1c.

I'm going to start casting my eye over their own tenements and see what I come up with. Today's Cangold announcement is a positive too.
 
Re: MPJ - Mining Projects Group

Dont forget that the market usually discounts the calue of stock held by one co in other companies.

LST and IXR are 2 examples of where they are undervalued on their investments but always seem to remain that way...

So an NTA of 1.1c might not always get reflected in the actual price.
:2twocents
 
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