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Latest Forum Topics / Shen Yao    Last:0.002 --  Post Reply
ThinkEnv name change to Liongold Corp
terencee
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18-Nov-2013 17:15     
 
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erm, you sure they selling to market already ? I tot SGX haven't approve the shares yet. 

 

 

akchua      ( Date: 18-Nov-2013 17:06) Posted:

I dont think they are confident, probably selling to market already since they got the shares cheaper.

edwinjup      ( Date: 17-Nov-2013 16:17) Posted:

Placement....not right issues....just wanna why placee so confident...anything they know and we dont.know...?
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akchua
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18-Nov-2013 17:06     
 
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 Alert Admin 		I dont think they are confident, probably selling to market already since they got the shares cheaper.

edwinjup      ( Date: 17-Nov-2013 16:17) Posted:

Placement....not right issues....just wanna why placee so confident...anything they know and we dont.know...??

dekmelvie      ( Date: 17-Nov-2013 16:12) Posted:

Rights issue?? Scary. Be careful to those retailers. If you been bought at the high then probably u would like to average then get out. It will go up for sometime and will go down on the xrights. caveat!
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cycy818
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18-Nov-2013 16:00     
 
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 Alert Admin 		think these counters should change their name liao .... 
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bigman88
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18-Nov-2013 15:48     
 
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 Alert Admin 		CNMC is moving up and likely most up lately.  Most punters had switch side to play this counter instead of Lion
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terencee
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18-Nov-2013 10:06     
 
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 Alert Admin 		Someone fed the lion with laxative again. Stop being so cruel to the lion. 
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dekmelvie
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17-Nov-2013 17:03     
 
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 Alert Admin 		I see. Placement will drive the price up but not much i think. But hope for the best!

edwinjup      ( Date: 17-Nov-2013 16:17) Posted:

Placement....not right issues....just wanna why placee so confident...anything they know and we dont.know...??

dekmelvie      ( Date: 17-Nov-2013 16:12) Posted:

Rights issue?? Scary. Be careful to those retailers. If you been bought at the high then probably u would like to average then get out. It will go up for sometime and will go down on the xrights. caveat!
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edwinjup
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17-Nov-2013 16:17     
 
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 Alert Admin 		Placement....not right issues....just wanna why placee so confident...anything they know and we dont.know...??

dekmelvie      ( Date: 17-Nov-2013 16:12) Posted:

Rights issue?? Scary. Be careful to those retailers. If you been bought at the high then probably u would like to average then get out. It will go up for sometime and will go down on the xrights. caveat!
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dekmelvie
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17-Nov-2013 16:12     
 
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 Alert Admin 		Rights issue?? Scary. Be careful to those retailers. If you been bought at the high then probably u would like to average then get out. It will go up for sometime and will go down on the xrights. caveat!
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huatster
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17-Nov-2013 15:12     
 
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More investor investing into this Company, means a good sign.

Huat ahhh

 

 
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Octavia
Elite
17-Nov-2013 10:42     
 
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LionGold to issue 98.2m new shares at 18.3 cts/shr to raise S$17m


LionGold Corp on Friday said it plans to place 98.2 million new shares at 18.3 cents each to raise net proceeds of about S$17.1 million for its gold mining operations and working capital.

At 18.3 cents each, the issue price represents a 7.85 per cent discount to its volume weighted average price of 19.86 cents for trades done on Thursday.

The shares will be placed to three subscribers: Wintercrest Advisors LLC, Stephen Yeo Mah Ai and Sia Ah Kheng.

Wintercrest is a hedge fund manager owned by Platinum Partners Value Arbitrage Fund, while Mr Yeo is a financial consultant and Mr Sia, a businessman with interests in a construction business.
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Maller
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17-Nov-2013 02:59     
 
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 Alert Admin 		Latest News from Bloomberg, Huat Arr... LionGold Mulls Acquisitions Nov 15 13 LionGold Corp Ltd (SGX:A78) is seeking acquisitions. It said that notwithstanding the recent developments in LionGold's share price, LionGold will continue to seek out opportunistic acquisition of gold mining assets and pursue various methods of inorganic growth including strategic alliances, joint ventures and financing or equity partners. LionGold Provides Update on Bolivia Gold Project Nov 13 13 AMC Mining Consultants Ltd. completed a Technical Report on the Amayapampa Gold Project in Bolivia in January 2011, which was prepared in accordance with the Canadian Securities Administrator's requirements of National Instrument 43-101. The Report contemplated the construction and operation of an open pit gold mine, mining 7,500 tonnes per day (2.7 million tonnes per annum), and producing a nominal 95,000 ounces of gold from an average head grade of 1.3 grams per tonne gold over an eight year mine life. LionGold Corp. Ltd. acquired Minera Nueva Vista, the legal and beneficial owner of the Amayapampa Gold Project, in December 2012. In early 2013, LionGold commissioned AMC to update the Report. The Amayapampa deposit is understood to be more complex than the existing geological model represents. AMC has re-estimated the model with the existing data and the addition of new data obtained since the 2011 Report was done, applying a different approach to the interpretation of the mineralisation. The change in modeling approach has reinterpreted the mineralised zones from being a large low grade volume to smaller, higher grade veins. The AMC model contains less tonnes at a substantially higher grade. There has been a loss of Indicated Resource tonnage due to a change in the estimate of previously mined material and the mineralisation being modeled as narrow veins. The change in modeling has seen an overall decrease in tonnage by 11.8 million tonnes (34%), a doubling of the grade from 1.1g/t to 2.4g/t (an increase of 118%) for a corresponding 40% increase (507,000 ounces) in the Resource to now be at 1.79 million ounces. In parallel with updating the Report, LionGold has been planning to commence mining at a smaller scale (1,500 tonnes per day) for the first three years, then moving to the increased mill feed rate in line with the new mine plan currently being developed. Preliminary design work has been completed for the Stage 1 gold processing plant, and bids are currently being sought for design and construction of this plant. A preferred consultant has been identified to carry out the designs required for the water supply dam and tailings storage facility. With this Resource increase, LionGold now holds 7.5 million ounces of gold resources, which translates to a $16 EV/ounce of gold resource as of November 12, 2013.
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terencee
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16-Nov-2013 17:43     
 
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http://www.businesstimes.com.sg/premium/top-stories/sias-chief-calls-heavy-fines-those-who-breach-listing-rules-20131109

 

 

This article is dated on 9 Nov. If it were to run, it should have ran this week actually. 

 

Now is see market willing to buy up or not only. 
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dekmelvie
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16-Nov-2013 16:49     
 
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 Alert Admin 		Are u vested ryuuenji? New nick? Lol

Ryuuenji      ( Date: 16-Nov-2013 08:24) Posted:



  What's the big deal about SIAS n Gerald?

You think SIAS/Gerald is a market mover whenever they made comments? Such an organisation should close long time ago.. Since when are they effective in dealing with those past incidents. Since when has MAS n SGX ever pay attention to SIAS?.

  As long as SGX's hand is fisted on these three counters, no annocements or any SIAS action can bring confident back to ABL.

 

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tipper
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16-Nov-2013 16:11     
 
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Wah , LG going to huat ah

 

 

Rosesyrup      ( Date: 16-Nov-2013 01:33) Posted:



Thanks for the news friend.

Got your hints and hope you are right. Thanks alot, tonight can sleep soundly  already.

For those still don't quite get it, I have hilighted the important part, try to decipher it on your own. Cause if I say anything further shortists gonna make more lame personal attack-  feeling emotionally burnt out  from their nonsense already. So   DYODD and help yourself.

SIAS has reviewed Asiasons, Blumont and LionGold with technology company Handshakes, and discovered a recent instance when a share price run-up came before the announcement of a sizeable acquisition, Mr Gerald said. A listed company is required to seek shareholders' approval when a deal it plans to undertake is proportionately large for its size. In this instance, the preceding share-price run sufficiently affected the way certain ratios were calculated. Hence, such shareholders' approval was not required.

Mr Gerald said it's timely for the regulators to review instances where unusual price movements affect ratios that determine the need for shareholder approvals.

" We want to avoid situations where unusual price movements inadvertently deprive shareholders of a say in significant matters," he said.

Listed companies should also be required to state clearly whether they had been queried recently in disclosures when they announce acquisitions and disposals to shareholders, Mr Gerald added.



gaoshou      ( Date: 15-Nov-2013 18:12) Posted:



Bought into all trio last min. All should go up  when market open next monday. Have a nice day.



He also highlights price swings distorting thresholds requiring shareholders' nod

[Singapore]  AMID the spate of penny stock price collapses last month, investor lobby group Securities Investors Association Singapore (SIAS) has asked the regulators to give more teeth to listing rules here by imposing heavy fines on individuals who flout them.

If corporate miscreants understand that there is greater likelihood of being found out, and that the cost of such breaches is high, perhaps they would think twice about dabbling in the market, SIAS president and CEO David Gerald said at an awards presentation ceremony last night. " Companies listing in Singapore must not take the view that if they breach listing rules, they can go scot free," he said.

Asiasons Capital, Blumont Group and LionGold Corp triggered a penny-stock meltdown with an inexplicable crash, prompting the Singapore Exchange (SGX) to impose trading restrictions on them. This set off a wave of selling in other penny counters such as Sky One and Tritech Group.

SIAS has reviewed Asiasons, Blumont and LionGold with technology company Handshakes, and discovered a recent instance when a share price run-up came before the announcement of a sizeable acquisition, Mr Gerald said. A listed company is required to seek shareholders' approval when a deal it plans to undertake is proportionately large for its size. In this instance, the preceding share-price run sufficiently affected the way certain ratios were calculated. Hence, such shareholders' approval was not required.

Mr Gerald said it's timely for the regulators to review instances where unusual price movements affect ratios that determine the need for shareholder approvals.

" We want to avoid situations where unusual price movements inadvertently deprive shareholders of a say in significant matters," he said.

Listed companies should also be required to state clearly whether they had been queried recently in disclosures when they announce acquisitions and disposals to shareholders, Mr Gerald added.

The SIAS Investors' Choice Awards held last night is an annual event to celebrate displays of excellence in areas of shareholder communication and corporate governance. Corporate winners this year include DBS Group, Yongnam Holdings, SingTel, Fraser and Neave, Sembcorp Marine, Cordlife Group, InnoTek and Ascendas Reit. CapitaLand scooped the Golden Circle Award - the highest accolade - for consistently practising good corporate governance, Mr Gerald said.

The awards are part of the fourth Corporate Governance Week organised by SIAS that's taking place next week.

Guest-of-honour Grace Fu, Minister in the Prime Minister's Office, yesterday urged the Monetary Authority of Singapore (MAS) to consider requiring companies to adopt and disclose their diversity policy in their annual reports.

While the revised Singapore's Code of Corporate Governance, which requires corporate boards to provide for diversity - including that of gender diversity - is " a step in the right direction" , Ms Fu said: " I believe we can do better."

In response to her comments, the MAS said it has already established a diversity task force to study how to encourage greater diversity, including gender diversity, in the boardroom and C-suite.

" The task force is currently conducting a survey on gender diversity on boards and in senior management, and is expected to produce a report with its recommendations some time in 2014.

" Along with other relevant agencies, MAS will study the recommendations and consider how best to implement them," it said.
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Rosesyrup
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16-Nov-2013 14:22     
 
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 Alert Admin 		read before you comment with such arrogant tone. so what is the big deal about you?

Ryuuenji      ( Date: 16-Nov-2013 08:24) Posted:



  What's the big deal about SIAS n Gerald?

You think SIAS/Gerald is a market mover whenever they made comments? Such an organisation should close long time ago.. Since when are they effective in dealing with those past incidents. Since when has MAS n SGX ever pay attention to SIAS?.

  As long as SGX's hand is fisted on these three counters, no annocements or any SIAS action can bring confident back to ABL.

 

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teeth53
Supreme
16-Nov-2013 12:31     
 
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 Alert Admin 		Need this $,  for working capital?.

oldbirdy      ( Date: 16-Nov-2013 09:49) Posted:

Raising funds? ?
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oldbirdy
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16-Nov-2013 09:49     
 
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 Alert Admin 		Raising funds? ?
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Ryuuenji
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16-Nov-2013 08:24     
 
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  What's the big deal about SIAS n Gerald?

You think SIAS/Gerald is a market mover whenever they made comments? Such an organisation should close long time ago.. Since when are they effective in dealing with those past incidents. Since when has MAS n SGX ever pay attention to SIAS?.

  As long as SGX's hand is fisted on these three counters, no annocements or any SIAS action can bring confident back to ABL.

 
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Rosesyrup
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16-Nov-2013 01:33     
 
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Thanks for the news friend.

Got your hints and hope you are right. Thanks alot, tonight can sleep soundly  already.

For those still don't quite get it, I have hilighted the important part, try to decipher it on your own. Cause if I say anything further shortists gonna make more lame personal attack-  feeling emotionally burnt out  from their nonsense already. So   DYODD and help yourself.

SIAS has reviewed Asiasons, Blumont and LionGold with technology company Handshakes, and discovered a recent instance when a share price run-up came before the announcement of a sizeable acquisition, Mr Gerald said. A listed company is required to seek shareholders' approval when a deal it plans to undertake is proportionately large for its size. In this instance, the preceding share-price run sufficiently affected the way certain ratios were calculated. Hence, such shareholders' approval was not required.

Mr Gerald said it's timely for the regulators to review instances where unusual price movements affect ratios that determine the need for shareholder approvals.

" We want to avoid situations where unusual price movements inadvertently deprive shareholders of a say in significant matters," he said.

Listed companies should also be required to state clearly whether they had been queried recently in disclosures when they announce acquisitions and disposals to shareholders, Mr Gerald added.



gaoshou      ( Date: 15-Nov-2013 18:12) Posted:



Bought into all trio last min. All should go up  when market open next monday. Have a nice day.



He also highlights price swings distorting thresholds requiring shareholders' nod

[Singapore]  AMID the spate of penny stock price collapses last month, investor lobby group Securities Investors Association Singapore (SIAS) has asked the regulators to give more teeth to listing rules here by imposing heavy fines on individuals who flout them.

If corporate miscreants understand that there is greater likelihood of being found out, and that the cost of such breaches is high, perhaps they would think twice about dabbling in the market, SIAS president and CEO David Gerald said at an awards presentation ceremony last night. " Companies listing in Singapore must not take the view that if they breach listing rules, they can go scot free," he said.

Asiasons Capital, Blumont Group and LionGold Corp triggered a penny-stock meltdown with an inexplicable crash, prompting the Singapore Exchange (SGX) to impose trading restrictions on them. This set off a wave of selling in other penny counters such as Sky One and Tritech Group.

SIAS has reviewed Asiasons, Blumont and LionGold with technology company Handshakes, and discovered a recent instance when a share price run-up came before the announcement of a sizeable acquisition, Mr Gerald said. A listed company is required to seek shareholders' approval when a deal it plans to undertake is proportionately large for its size. In this instance, the preceding share-price run sufficiently affected the way certain ratios were calculated. Hence, such shareholders' approval was not required.

Mr Gerald said it's timely for the regulators to review instances where unusual price movements affect ratios that determine the need for shareholder approvals.

" We want to avoid situations where unusual price movements inadvertently deprive shareholders of a say in significant matters," he said.

Listed companies should also be required to state clearly whether they had been queried recently in disclosures when they announce acquisitions and disposals to shareholders, Mr Gerald added.

The SIAS Investors' Choice Awards held last night is an annual event to celebrate displays of excellence in areas of shareholder communication and corporate governance. Corporate winners this year include DBS Group, Yongnam Holdings, SingTel, Fraser and Neave, Sembcorp Marine, Cordlife Group, InnoTek and Ascendas Reit. CapitaLand scooped the Golden Circle Award - the highest accolade - for consistently practising good corporate governance, Mr Gerald said.

The awards are part of the fourth Corporate Governance Week organised by SIAS that's taking place next week.

Guest-of-honour Grace Fu, Minister in the Prime Minister's Office, yesterday urged the Monetary Authority of Singapore (MAS) to consider requiring companies to adopt and disclose their diversity policy in their annual reports.

While the revised Singapore's Code of Corporate Governance, which requires corporate boards to provide for diversity - including that of gender diversity - is " a step in the right direction" , Ms Fu said: " I believe we can do better."

In response to her comments, the MAS said it has already established a diversity task force to study how to encourage greater diversity, including gender diversity, in the boardroom and C-suite.

" The task force is currently conducting a survey on gender diversity on boards and in senior management, and is expected to produce a report with its recommendations some time in 2014.

" Along with other relevant agencies, MAS will study the recommendations and consider how best to implement them," it said.
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Maller
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16-Nov-2013 00:49     
 
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Funds and big investors subscribe for shares at this moment proves that they are confident with LionGold. Also, to prove that there should be no issue with the company. With this news, i will add more LionGold. Hope that it huat :)

My 2 cents...
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