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SHN - Sunshine Metals

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hey everyone this one is about to bolt to 50c, on the back of large scale minning lease being granted in phillipines (nickel), and uraniam targets being identified in the pilbara, dont miss out.
 
apparently the large scale minning lease will be through in 1-3 weeks, and uranium targets will be identified within 2 weeks.
 
thefisherman,

Why do think it will be in the time frames quoted? It sounds like a post straight from HC. :cautious:

150% increase in current SP??? How did you come up with the .50c?
 
Hi guys

I have been watching this share for a while, because of a friend of a friend of mine, who recommended it to me. My conclusion is, beware, the chart patterns over time seem to show a great deal of manipulation, which is not to say, they can't fluke a success story.
If you buy, take great care!

Taurisk
 
The little storm sail PEL seems to be handling the rough sea and weather conditions quite well over the last few days

Charts looking good IMO

Salute and Bon Voyage
 

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Hey Guys,

anybody into this company.... it's powered through the market today.... I'm looking for some info on the management as I have not heard of them before...

I'm interested in there Mabuhay Gold Project & Romblon Project but just trying to find upto date information....

thanks
 
Hey Guys,

anybody into this company.... it's powered through the market today.... I'm looking for some info on the management as I have not heard of them before...

I'm interested in there Mabuhay Gold Project & Romblon Project but just trying to find upto date information....

thanks

I'm am hanging on tightly!
At least 'til the day after the 'morrow

"Patience is Everything"

Salute and Gods' speed
 

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I'm am hanging on tightly!
At least 'til the day after the 'morrow

"Patience is Everything"

Salute and Gods' speed

Great thanks Captain_chaza ... I might just have to get into this one tomorrow... the info is look good still small but growing by the looks of it....
 
SP 30c


Ann. on 21 Sept


MOA AND OFFTAKE AGREEMENT SIGNED
FOR ROMBLON NICKEL PROJECT, PHILIPPINES
=======================================
Australian minerals exploration company Pelican Resources Limited (ASX:
PEL) is pleased to announce the execution of a Memorandum of Agreement
between BHP Billiton and Sibuyan Nickel Properties Development
Corporation Limited (SNPDC), the holder of the Romblon Nickel Project in
the Philippines.

etc.

http://www.asx.com.au/asxpdf/20070921/pdf/314nrr5fk1v2rf.pdf
 
Hi Moneymajix (are/were you an Asterix & Obelix reader?)

Friends of mine are big into Pelican Resources and have been holding for a long time. At one stage it was close to .50. It's a closely held stock by a handful of faithfuls -so it seems to me. I left a message with my friend and will post anything he has to say when I hear from him.

Cheers

Taurisk

(I don't hold PEL)
 
Hi T

are/were you an Asterix & Obelix reader?

I don't read either.

Are you referring to "majix"?

I got that from a website called mayanmajix.
Added money to majix. I liked the site and the spelling, majix.


RE: PEL

Thanks for that.

I know the sp. has been a lot higher.

In fact, since I have been observing it has dropped from 30c to sub-20c! Now 22c.
 
Some buying in the Pelican this morning.

24.5c

Up 22.5%


No news, and not a lot of sellers.

If it gets through 25c, might be interesting.
 
Hi Moneymajix

I couldn't get back to you before, because my friend wouldn't tell me what it was all about; apparently some big news (so far nothing!); and he was worried about 'insider trading' - so I really had trouble not to buy into it. ;)

To me the talk and regular Chinese Whispers campaign I get from my friend act as a warning not to buy too many speccies (I own some, of course, but not PEL). But that's me - everyone to his/her own!


Re your name: "Asterix and Obelix" was/is a Belgian comic book series about some ancient Gauls holding back the Roman advance in a small Gaelic village on the West coast of 'Gaul' (today's West of France); it's published in all European languages including Latin and Gaelic. I brought some copies back from Europe one trip and my kids adored it.

Hope your name works for you!!

Taurix :)
 
IRON ORE RESULTS AT BELLARY SPRINGS,
PILBARA REGION, WESTERN AUSTRALIA.


Highlights:

• Iron Ore results returned from rock chip sampling from
outcropping of channel iron deposit (CID) type formations
including values up to 60.8% iron

• Drilling programme is now planned
Pelican Resources Limited (ASX: PEL) is pleased to announce
that its wholly owned subsidiary Sunrise Exploration Pty Ltd
(Sunrise) recorded iron ore results from a field sampling programme
at its Bellary Springs project, 20 km northeast of Paraburdoo in the
Pilbara region of Western Australia.

The sampling was undertaken as follow-up to earlier sampling
programmes of the pisolite capped mesas numbers 1 and 2 within
the Bellary Springs tenement covering a total area of 196 km². The
sampling was concentrated on pisolite capped mesas numbered 3
and 4 with a few check samples collected from Mesa No 2.

A total of 25 rock chip samples, mostly collected from outcrop and a
few old costeans, returned values of up to 60.8% Fe with acceptable
alumina values and low phosphorous. The sampling results are
consistent with iron values expected from pisolitic Channel Iron
Deposits (CID). Actual thickness is difficult to ascertain but, based on
the old trenching, is it is likely to average about 2 to 4 metres deep.
The mineralisation sampled lies within 2km of Rio Tinto’s
Paraburdoo to Tom Price railway line.



_________________________________________________________

21c
 
Pelican is picking up nicely...

Trading 505 000 shares at .265c and the options are .11c, with a 200 000 volume...

With a 40% increase yesterday, could be a good indicator that positve news is around the corner...
 
Moneymajx,

This stock is holding up nicely. Your right. What do you think is holding up the MPSA and where do you think this stock will go when it's announced?

Cheers,

Pvan
 
On December 1st, 2020, Pelican Resources Limited (PEL) changed its name and ASX code to Sunshine Gold Limited (SHN).
 
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