Anooraq Resources Corp. (ANO)

[eom7]

It's been a brutal 18 months.

[MWM]

All the Little Miners are dead for now, not really watching any of them...

[eom7]

Are you still watching this one as ATL now?

[Picassa]

http://finance.yahoo.com/news/anooraq-announces-implementation-name-change-120000056.html

[RonnieD]

New name, new ticker, and finalization of deal
all happenning soon. They also put out a cautionary
statement this morning. Stock is probably going
to make an upward move within a week.

http://finance.yahoo.com/q?s=ano&ql=1

[RonnieD]

Anooraq, Anglo American Platinum Limited Announce Restructure, Recapitalization and Refinancing Transaction for Anooraq And Bokoni Group

http://www.prnewswire.com/news-releases/anooraq-anglo-american-platinum-limited-announce-restructure-recapitalization-and-refinancing-transaction-for-anooraq-and-bokoni-group-138557769.html

[RonnieD]

it looks like the street was hoping for better.
Amplats seems to have made out well in this deal.

[eom7]

Did we get what you wanted? Looks good to me.

[RonnieD]

Changes to Anooraq's board of directors CNW Group(Tue, Jan 31)
http://finance.yahoo.com/news/Changes-Anooraq-board-cnw-1961511482.html?x=0

Anooraq, Anglo American Platinum appoint new Managing Director at BokoniPR Newswire(Wed 9:00AM EST)
http://finance.yahoo.com/news/Anooraq-Anglo-American-prnews-4082221391.html?x=0

[Pro-Life]

Scoreboard for the week: -3.85%

[RonnieD]

VANCOUVER , Dec. 15, 2011 /PRNewswire/ - Shareholders of Anooraq Resources Corporation ("Anooraq" or the "Company") (TSXV: ARQ.V - News) (NYSE Amex: ANO) (JSE: ARQ.V - News) are referred to the cautionary announcements dated 13 May 2011 , 28 June 2011 , 10 August 2011 , 21 September 2011 and 02 November 2011 respectively, relating to the negotiations between Anooraq and Anglo American Platinum Limited (the "Parties") in respect of a potential restructuring, recapitalization and refinancing transaction between them ("the Bokoni Group transaction").
The Parties have made substantial progress in settling the terms of the Bokoni Group transaction and are currently seeking the requisite corporate and regulatory approvals required to proceed with the transaction process. Once the necessary approvals have been obtained a detailed announcement will be made regarding the Bokoni Group transaction.
As the Bokoni Group transaction process remains ongoing, shareholders are advised to continue to exercise caution when dealing in their Anooraq securities until a further announcement is made.
Johannesburg
15 December 2011

[RonnieD]

Anooraq Resources (ANO) Shares Upgraded to a “Outperform” Rating by Macquarie Analysts.
Posted by LUSA Staff on Dec 22nd, 2011
http://localizedusa.com/2011/12/22/anooraq-resources-ano-shares-upgraded-to-a-outperform-rating-by-macquarie-analysts/

[RonnieD]

i've been following this for years.
this was the time to hit.
i'll update the box etc. soon

[Pro-Life]

The time has come for an i-Box/i-Message update!

[Pro-Life]

Rockin' steady... thanks for joining me... Nice!!!

You know, this is not the only HDI company in my list of boards...

[RonnieD]

they are not a development stage co, they have revenues
which are forecast to only increase in a big way,
and when you consider the 100 million oz platinum
they have in the ground, it's likely that the co
will be debt-free simply by monetizing a small portion
of the in-ground reserves in the deal with Amplats.
We're hoping for a massive improvement to book value
simply with the stroke of a pen.

[respects1008]

.54. This is looking very good IMO

[RonnieD]

.51

[respects1008]

The .47's are very difficult to get through but I am confident they will fall. There is a lot of buying pressure on this over the last few days in anticipation of the refinancing deal with Anglo Plat. I think this will play out well over the next few weeks especially if platinum prices continue to rise. GLTA

[Pro-Life]

The buying pressure continues at the moment.

[Pro-Life]

The 46¢/47¢ area is a real battle zone at the moment.

[RonnieD]

bid support has really thickened.
Macquarie seems confident the deal will
be positive for shareholders.

[Pro-Life]

The volume has arrived... according to that chart + decent bid support.

[Pro-Life]

I see that (previous 10day av vol 99K) + the buy @40¢ for 1M shares:

http://ih.advfn.com/p.php?pid=trades&symbol=ANO

[RonnieD]

1,000,000 share block buy @ .40

http://www.nasdaq.com/symbol/ano/time-sales

11:12:58  $ .40   1,000,000

[RonnieD]

co is due to announce a long anticipated deal
with Anglo-American, news will be off-hours

[MWM]

Need to see a better move in the PPS...

[RonnieD]

10x avg vol

[RonnieD]

I thought it was interesting that Macquarie and Zacks
(especially Macquarie) upgraded ANO going into the
restructuring. The continuous company statements to
"excercise caution when dealing with your Anooraq Resources
securities" could be interpreted either way, I suppose.
It's probably worth a shot here at .40.
Whatever happens, they do have the 3rd largest platinum
mine in the world.
http://localizedusa.com/2011/12/22/anooraq-resources-ano-shares-upgraded-to-a-outperform-rating-by-macquarie-analysts/

[perfectpicksfor -you]

Ano looks like it wants to run today !!!

[QualityStocks]

ANO Video Chart 5/10/11

http://www.videocharts.qualitystocks.net

Annoraq Resources is not a current client of QualityStocks

[goldisking3000]

Anooraq plans to double SA production

http://www.anooraqresources.com/im/media_display.asp?Id=2010/08oct2010

[goldisking3000]

Lets see if ANO can hold $1.20 or better for the next leg up ....

[goldisking3000]

would be nice to have Anooraq Resources Corp back to $4 looking for 2011 ....

[goldisking3000]

Anooraq Resources Corp looking very good, 2011 should be a very good yr ....

[The Night Stalker]

check out ANO now the stock is steadly climbing

[SEF]

L2 shows very little resistance and someone buying a nice position. Could be heading to $1+ land again. Has anyone heard news or is there some expected?

[LdyHawk]

Is there any new news here please.

[SEF]

Okay volume but "buys" are 4 times "sells" when I last checked. Was there news expected?

[Estimated_Prophet]

Held the first time. I had to move on. It may turn and burn here, but wasn't feeling it last week. Not liking the overall market picture here, so time to be conservative, IMO.

[ms123]

ANO technical analysis
http://breakout-stocks.blogspot.com

[whyzgi]

Down to 1.50 it will hold. Any guess to the upside target? 1.75 in a hurry?

[Estimated_Prophet]

Looks good to go, we shall see!

[kiwisteve]

Test of 1.55 completed? A nice hammer today! lets see if it holds.



kiwi

[Estimated_Prophet]

That is the area I would hope gets accumulated if it retest it. Having trouble, at the moment, getting over the 200sma.

[kiwisteve]

May test $1.55 first?

On watch - Kiwi

[Estimated_Prophet]

$2 tomorrow?

[MWM]

ANO on the breakout

[goldisking3000]

Up is good ....

[MWM]

ANO sneaking back up!