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Friday, 24 Aug 2012 04:49am EDT
Noble Mineral Resources Ltd announced that Bank of America Corporation and its related corporate bodies have acquired 67,710,757 ordinary shares, representing 11.10% of the voting power in the Company
Australian and international institutional and sophisticated investor clients of BBY Ltd and Bank of American seem to have alot at Stake in Noble Resources....and the North Bibiani and thereby KATX / BVIG EKOM EYA.....lots of borrowing and returning of stock
at very high Volume....hmmmmm......Close-ology.....
Close-ology Noble Resources Walsh, Strauss,
Ahiman (Ahemen), Grasshopper and Ekom Eya (part of Bibiani North)
Close-ology a few thousand meters at most...same Lithology...follows the same prospective area.....was once same claim until the government set 24.9 acres aside. BVIG EKOM EYA Noble Resources scale at the bottom.....along with the Noble logo on the bottom of the second pic
Hmmm,,On and On, Wonder if they will Survive
If so,,at what cost
Re-mining may not be so profitable
They sold a lot of shares though
Grey
NOBLE voluntary suspension continued now till Oct 8th!
7 September 2012
ASX Ltd
Exchange Plaza
2 The Esplanade
PERTH WA 6000
Attn: Ms Jill Hewitt by email: jill.hewitt@asx.com.au
DearMs Hewitt
NobleMineral Resources Limited – Activities Update
Further to the ASX announcements made on 6, 13 and 24 August 2012, Noble Mineral Resources
Limited (ASX: NMG) (the Company) advises that discussions with the various key stakeholders
regarding a potential capital raising and change of control transaction are still ongoing.
Accordingly, the Board is of the view that the Company's securities should remain in voluntary
suspension until the conclusion of those discussions.
The Company anticipates that it will be able to lodge an announcement before open of trade on
Monday, 8 October 2012. The Company will, however, provide the market with regular updates
and, assuming the conclusion of the discussions with key stakeholders by Monday, 8 October 2012,
will seek re-quotation of the Company's securities on that date.
Yours faithfully
Wayne Norris
Managing Director
http://www.nobleminres.com.au/live/wp-content/uploads/2012/09/Continued-Suspension-Company-Update1.pdf
From the Noble Website....150,000 oz per year production...wonder if they want to do a deal with the EKOM EYA.... 42 boring surrounding the BVIG Claim
Notice Appendix 3, the use the year 2012 and hole number to locate the holes... In other reports they listed 42 holes drilled in the Bibiani North... the HA HA EYA report shows the additional boring to the East... Noble has just reported on their site that they will be producing 150,000 oz per year...there is alot of gold there and their gold seems to just a bit deeper than the prior excavation in the mines...the power tools and the electric pumps have be running for awhile now....
http://www.katexploration.com/PressReleases/Business_Summary_Kat_Gold_Holding_Corp.pdf PAGE 9
Were Drilled to the North and South of_the_Known_Bibiani_North_Mineralised_Zoned.....seems clear to me BVIG EKOM EYA is at the center of a deposit Noble is very interested in
http://www.nobleminres.com.au/live/wp-content/uploads/2012/06/Operational-Update1.pdf
Asked for another extension here:
http://www.nobleminres.com.au/live/wp-content/uploads/2012/08/Continued-Suspension1.pdf
Now September 10, 2012
Well That Day has come and Gone
Any word from the company.....
Hmmmmm
Noble resources at Bibiani.....BAC 11 percent share of voting stock
http://www.nobleminres.com.au/live/wp-content/uploads/2012/08/Continued-Suspension1.pdf
NOBLE finally put on website
http://www.nobleminres.com.au/live/wp-content/uploads/2012/08/Becoming-a-substantial-Holder.pdf
You can see that the additional boring done to the east of the EKOM EYA
Looks like according to the report that was filed there was a lot of borrowing and returning of the stock.
What is up with that, and now it looks like :
Quote:
--------------------------------------------------------------------------------
Bank of America Corporation and its related corporate bodies have acquired 67,710,757 ordinary shares, representing 11.10% of the voting power in the Company.
--------------------------------------------------------------------------------
That is one sick looking balance sheet for Noble mines in their June, 2012 quarterly. Life in the fast lane -- running on empty. LOL. Alla' same KATG and the Stead Gang.
That is because Noble is ANOTHER P O S !!!!!!!!!!!!!!!!!!!!! Beware of Aussie stocks and Aussie conmen. They rate among the best con artists on the planet. I know from experience. They invented ' con '.
the stock price has done nothing but fail makes no sense
Noble has drilled 42 core in the Bibiani North Area...Drill rigs got there by way of road...like the power lines...
Bibiani up and rising for Noble
4th Jul 2012
More info about the coming NEWS
http://www.nobleminres.com.au/live/wp-content/uploads/2012/08/Extension-of-Voluntary-Suspension5.pdf
Thanks Shortoncash,
I do appreciate the updated info. I am new here, and will be accumulating shares and info as much as I can afford to. Look forward to learning more.
Thanks again,
Shy,
Extension of NOBLE voluntary suspension....
http://www.nobleminres.com.au/live/wp-content/uploads/2012/08/Extension-of-Voluntary-Suspension5.pdf
13 August 2012
ASX Ltd
Exchange Plaza
2 The Esplanade
PERTH WA 6000
Attn: Ms Jill Hewitt by email: jill.hewitt@asx.com.au
Dear Ms Hewitt
Noble Mineral Resources Limited – Activities Update
Further to the ASX announcement made on 6 August 2012, Noble Mineral Resources Limited
(ASX:NMG) (the Company) wishes to advise that it continues to be in discussions with various key
stakeholders regarding a potential capital raising and change of control transaction.
Accordingly, the Board of the Company is of the view that the Company's securities should remain in
voluntary suspension until the outcome of these discussions.
The Company currently anticipates that it will be able to lodge an announcement before open of
trade on Monday, 27 August 2012. The Company will, however, provide the market with regular
updates and, assuming the conclusion of the discussions with key stakeholders by Monday, 27
August 2012, will seek re-quotation of the Company's securities on that date.
Yours faithfully
Wayne Norris
Managing Director
They added 1 million oz of gold to the resource estimate....and the now have cash flow....production exceeds estimates....great website news by month.
http://www.nobleminres.com.au/live/wp-content/uploads/2012/08/ASX-June-quarterly-2012.pdf
I'm new to this board, what's your overall take on this company? And why was trading halted recently?
Thanks,
Shy-
Directors / Senior Management
Mr Tunku Naquiyuddin (Chairman, Non Exec. Director)
Mr Wayne Norris (Managing Director)
Mr Brian Thomas (Non Exec. Director)
Ms Xi Xi (Non Exec. Director)
Mr Erik Palmbachs (CFO)
============================================
Company Secretary
Mr Anthony Ho
Principal Activities Exploration for gold in Ghana.
Here is the ASX site for Noble Mineral Resources Limited
http://www.asx.com.au/asx/research/companyInfo.do?by=asxCode&allinfo=&asxCode=nmg
Noble Minerals website:
http://www.nobleminres.com.au/
I think this is new - Says News coming on Aug 13, 2012 or sooner
http://www.nobleminres.com.au/live/wp-content/uploads/2012/08/Suspension-from-Official-Quotation.pdf
Very good increased reserves twice last time by 26 percent and now strong .... revenue, a trading halt and possible control issue....read the report
http://www.nobleminres.com.au/live/wp-content/uploads/2012/08/ASX-June-quarterly-2012.pdf
Right in the middle of the Noble Prospecting License the Bibiani North...is BVIG little Ekom Eya Coop
http://www.nobleminres.com.au/live/wp-content/uploads/2012/06/Noble-presentation_Earths-Resources_June2012.pdf
Makes you wonder how a company studying the deposits in Canada found this 24.7 acre claim in the heart of the Bibiani....
Wonder if Picket was the contact that got things together...he worked at KATX and in Ghana ....think he was looking for V and Co...real world links between Canada and the African Copperbelt
wonder if they will find any....
Manu kinda comes with the whole EKOM EYA.....
Loh, G. and Manu, J. (2004). Evidence of Cr, Ni and Co mineralization within the
environment of the Akitekyi ultramafic complex in the Birimian terrain of Southwestern Ghana. Geological Survey Dept. 90th Anniv. Intern. Conf. Abstract vol. pp.23-24
Nickel Cobalt and Chrome
Manu, J. (2007). Model Framework for the Development of Small Scale Mining in
Ghana. – unpbl. Sabbatical work. Univ. of Ghana
Asiedu, D.K., Kutu, J.M., Manu, J. and Hayford, E.K. (2007). Geochemistry and
Provenance of Birimian Metagreywackes from Konongo area, Southwestern
Ghana. WAXI -2007 West African Exploration Initiative Workshop,
Ouagadougou. Extended Abstract, pp. 1-5.
Asiedu, D.K., Kutu, J.M., Manu, J. and Hayford, E.K. (2009). Geochemistry and
Provenance of Metagreywackes from the Konongo area, Southwestern
Ghana. African Journal of Science and Technology (AJST). vol. 10, no. 1,
pp.37- 44.
the whole provanance of Metagreywackes sounds like Hickley work
Current Research (2012) Newfoundland and Labrador Department of Natural Resources ... AND POSSIBLE PROVENANCE OF REDUCED SEDIMENTARY UNITS ... al occurrences on the Bonavista Peninsula (Hinchey, 2010; ...... Lentz. Geological Association of Canada,
More and More Links in common with Newfoundland and Ghana, gold and other minerals.....Noble and Katx BVIG might well be on the same trail....wonder which major is after them
Loh, G. and Manu, J. (2004). Evidence of Cr, Ni and Co mineralization within the
environment of the Akitekyi ultramafic complex in the Birimian terrain of Southwestern Ghana. Geological Survey Dept. 90th Anniv. Intern. Conf. Abstract vol. pp.23-24
[8:30:26 PM | Edited 8:30:42 PM] ShortonCash: Nickel Cobalt and Chrome
[8:30:49 PM] ShortonCash: Manu, J. (2007). Model Framework for the Development of Small Scale Mining in
Ghana. – unpbl. Sabbatical work. Univ. of Ghana
Asiedu, D.K., Kutu, J.M., Manu, J. and Hayford, E.K. (2007). Geochemistry and
Provenance of Birimian Metagreywackes from Konongo area, Southwestern
Ghana. WAXI -2007 West African Exploration Initiative Workshop,
Ouagadougou. Extended Abstract, pp. 1-5.
Asiedu, D.K., Kutu, J.M., Manu, J. and Hayford, E.K. (2009). Geochemistry and
Provenance of Metagreywackes from the Konongo area, Southwestern
Ghana. African Journal of Science and Technology (AJST). vol. 10, no. 1,
pp.37- 44.
the whole provanance of Metagreywackes sounds like Hickley work
2009
DETAILS OF RESEARCH OR MAJOR PROJECTS UNDERTAKEN:
1. Determining some physical-chemical factors for the formation of the Birimian gold in Ghana
2. Geochemical evidences for base metal mineralization in Southwestern Ghana
3. Development of gold exploration planning in Ghana for Ghanaians using the decision tree concept
4. Model framework for small scale miners in their managerial and exploration programmes on their concession
\
http://www.nr.gov.nl.ca/nr/mines/geoscience/publications/currentresearch/2012/Hinchey_2012.pdf
Hinchey worked on this with Normore and now Normore is in Perth and Noble is from Perth
and Manau was work on the same mineral in the Bimiani
Pickett was in ghana
Sney and Abott next to each other
I agree Noble posted that the reserves went up 26 percent and the stock price has done nothing but fail makes no sense.....
Yes, and it is looking VERY GOOD!!
Did you see the Report that KAT put out on the Ghana property?
I was thinking the same thing, what a coincidence...let's see what unfolds.I hope that Ken surprises us in a positive way.....
It is very interesting that Ken is updating info on his website for Ekom Eya during this NOBLE halt.
I hope the NOBLE announcement will be good and will be something good for KAT too.
Great find HV. Let's hope that Ken and his team find the seven million that they need in order to pursue their activities in Ghana.
Splash
Just stopped by for a look around.. What's the word on the street?
Gold is a about to go mental in the next couple of weeks. Time to start stacking and accumulating. It won't get any cheaper than this....
"Capital raising and change of control Transaction"
Thats what NOBLE said !!!!
I will be watching
Curious why Noble Mineral Resources Limited did not have a site here on I-hub prior to today !!!
An aggressive exploration program is also underway to add substantially to the existing resource base at Bibiani, with recent drilling returning spectacular high-grade results from near mine targets. In addition to the Bibiani Project, Noble holds the Cape Three Points, Brotet and Tumentu Gold Projects, both located within the southern extension of the Ashanti Gold Belt.
Good to see you here !!!!!
Looks like Noble has a major announcement in the works!!
http://www.nobleminres.com.au/live/wp-content/uploads/2012/08/Suspension-from-Official-Quotation.pdf
Looks like Bank of America became a substantial holder on July 18, 2012
http://www.nobleminres.com.au/live/wp-content/uploads/2012/07/Becoming-a-substantial-holder_23072012.pdf
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