Showing posts with label ABY. Show all posts
Showing posts with label ABY. Show all posts

Tuesday, December 8, 2009

a few Xmas presents

If I was going to give you a Xmas present, I'd give you some shares in FMG (Fortesque metals about 4.20 each)
because I KNOW that CEO Twiggy (Andrew Forrest) really wants to make it a success, and he has the team mentor approach will brings out the best in others. .
He is motivated. He NEEDS to win.. and he will.
So go to your banks sharebroking and invest $500-$1000.00 in FMG.

Since I don't have much money in the Kitty- I'd buy you some MHL (Monitor at .005 cents- yes at such a low price.. )
you can get 100,000 shares for your $500.00 (usually the minimum investment.)
Monitor is risky but they have no debt. They have 2 off shore rigs off WA in the Canning basin and their announcements say that they are gurgling well. They have already risen from .002 which is a 150% improvement..
PCP is another gold miner under ten cents, (My focus is on under ten cent shares) which seems to be going well, while the gold price is high... it's share price is about 10 cents and has risen by 100% over the past few months. ABY is recovering but I don't now what's happened about their un- renewed nearby tenements...

Merry Christmas and a Prosperous 2010!
from Megan




Remember we are not financial advisors..
Sampson management Services (SMS) educate and inform only...We are Asset Management Consultants- we teach you about risk and how to measure that risk according to the international standards on Quality, Environment, OHS, and Risk management in an integrated approach.
Ref standards:
AS/NZS/ISO 9001, AS/NZS/ISO 14001, AS/NZS/ISO 4804, AS/NZS/ISO 4360.

Wednesday, October 28, 2009

ABY and Risk - MINING LEASES NOT RENEWED

I've bragged about ABY (Aditya Copper) a few times,
and this week the RISK FACTOR has been highlighted.
After battling for 18mths with a huge global downturn and rising from 11 cents to 1.60 +, ABY has been falling and badly. Why? because "the external consultants didn't renew 8 of their mining leases..adjacent to their Niffty mine". What sort of management took their eye off the ball? The mining leases are essential to their mining business !
They say that the leases were not a main part of their business, however the market is spooked and sold.
The good thing about this situation, is that although the price may drop further - because of lost confidence- shareholders can can buy back in at a lower price.

BUT IT REMINDS US, that all business, and all human endeavour (and the sharemarket) is about RISK. You must anticipate potential risk and have a plan to deal with it. The US and Australian sharemarkets are down but some companies are rising.
LKO , PDY, JRV and TAM just to name a few good resource buys under 10 cents..

Remember we are not financial advisors..
Sampson management Services (SMS) educate and inform only...We are Assett Management Consultants- we teach you about risk and how to measure that risk according to the international standards on Quality, Environment, OHS, and Risk management in an integrated approach. Ref standards:
AS/NZS/ISO 9001, AS/NZS/ISO 14001, AS/NZS/ISO 4804, AS/NZS/ISO 4360.