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easy.. 200.00 move in au coming now.
200.00 move in au coming now
gonna blow thru 1.00.. 200.00 move in au coming now.
watch amv now... 200.00 move in au coming in next few days.
u hillbillies should have bought anv at 3.65-3.70... still going to 20.00
haha you can't smear a turd.
$ will get hit more.. china/russia dumping it... u will get news by tomorrow a.m. b 4 mkt opens and gold will go up.
hahah what a joke.
mark cuban is coming
buy it
buy all u can
spot gold. low should be 1365 today.. then big up starting tonight in Tokyo. buy the dip on anv
Austin? Da bears? park ridge... avery ranch.
how many years have u waited for dutv.. yes years!!!!!!!!!!!!
5.50 coming.
just back from Bellevue/microsoft...gooooooooooo sounders.....
waiting....
close 5.66
maybe I should buyout dutv with major stakes in au...
try.. 20.00.. russian/china will not let u.s./brits shut off the silk road...
maybe hit 40.00 before xmas.
wait till russia moves on the clowns.. gold will go crazy...
wrong.. there isn' short selling in dutv.. there is NAKED SHORT SELLING.. big difference... read the book the falking truth on cmkx stock...
There is no law or recourse for anyone in the markets.. follow corzine follow mf global follow refco follow drexel burnam etc etc etc....
buy anv now
Sibanye Gold has announced this morning that the company has entered into an agreement with Gold One to acquire Gold One’s 74% interest in Newshelf 1114 (Pty) Limited in exchange for approximately 150,000,000 new Sibanye Gold ordinary shares or such number of shares that represent 17% of Sibanye’s issued share capital,~R1.2bn .
Impact
· Newshelf holds a 100% shareholding in Rand Uranium Limited and will ultimately hold 100% of Ezulwini Mining Company Limited (EMC) – the activities of which companies include the Cooke Operations.
· Gold One has been re-establishing the Cooke underground operations to produce ~260koz AU and 570,000 lbs Uranium per year.
· The surface reclamation project is expected to deliver ~300koz per year of gold with Uranium as a co-product over and above the underground production.
· Gold One purchased these same assets for R2.5bn. In the interim, they have spent R490m capex to re-establish the assets. So excluding opex losses over the period, their total investment has been ~R3bn.
· Sibanye Gold holds extensive surface stockpiles but has to date lacked a plant to treat these and fully extract their value. The acquisition of EMC includes a uranium treatment plant which would have cost Sibanye ~R3bn to build.
· Assuming a worst-case scenario of allocating all of Gold One’s R1.6bn net debt to the transaction, this would take the total transaction price to ~R2.8bn. This is still shy of the cost of a uranium plant alone. The surface tailings and the Cooke operation appear to be a deal sweetener at no cost.
Earnings and target price revision
· We have not taken the new numbers into account but, on the face of it, this appears to be a fantastic deal for Sibanye but perhaps not such a great deal for Gold One. The only consolation for Gold One is that they now have additional funding and a stake in the assets through Sibanye Gold.
Price catalyst
· 12-month price target: R14.60 based on a DCF methodology.
· Catalyst: Further detail on transaction
Action and recommendation
· We maintain our Outperform recommendation as this transaction has been well flagged to the market, albeit in a different form. The current proposed transaction is very favourable to Sibanye Gold, in our view.
Analyst(s)
Macquarie First South Securities (Pty) Ltd
Richard Hart
+27 11 583 2320
richard.hart@macquarie.com
buy all u can
yep and it's sad that most cannot see it... buy anv
This guy naked short sold this company .. next bankruptcy.
http://dealbreaker.com/2013/08/happy-meal-convertible-offerings-make-people-angry/#more-109565
follow armstrong.. by 2016 this will be 1,000 sh...
hold certs...
http://armstrongeconomics.com/2013/08/14/bail-in-crisis/
12.00 b 4 12-25.. go anv. spot 1950 b 4 1-2014
aha there is no gold.. just keep buying calvf was my first mining stock back with silverado.. was under .03 ran to .36 same with silverado...
mchenry is no ted turner.. only buffalo chip.
hey steve r u a sac..........man?????????????????????????
yep. dollar will fall and gold will do fine....
maybe these idiots should do research on crf1 protein.
is mchenry still alive?
to the moon
sad part of dutv: if there is any merit to this co. mc henry should release something to reassure shareholders.....
Too bad no price movement.. wanted to plow increase into jr. aus'
beauty fades away... ugly holds its' own.
Where is soarluv.. she must be worn out pumping..
The disgrace is Mc henry and how he treats the investors. He cannot even update the investors .. Total disgrace