african minerals up another 8% on heavy volume, page-3

sage is an expert at creating tension between various groups of interested parties or parties with interests

a while back he created tension between evraz and mcc and more recently between power united shamesian and himself

the aim of this tension being raised by sage is initially to create interest in the company hence raise the sp

then to create disappointment and so lower the sp

this is the classic small cap pattern buy low sell high

and sage is obviously buying low from the look of the pattern of his buying


iam also wondering whether any documents have to be lodged by directors if they sell 200k shares on a day and also buy 200k on the same day....no change of holding so no notice required ???? This is obviously occurring to create the myth of volume ...CFE is so tightly held by majors that no volume would exist unless insiders were doing this buying and selling . I think the asx expect this otherwise stocks like cfe wouldnt trade a share on most days of the year.


turner took advantage on a number of occasions to sell high

the sp prior to the recent copperco announcement boomed the day before the announcement why ?

and why has it dropped since?

anyway back to my point about creating tension...

AMI has TIMIS his supposed mate ...I would expect AMI to buy SL project off CFE at some stage once JORCed and chinese development has been stitched up maybe for 500-600 million

so tension will be developed between TIMIS and sages other mates in order to discourage the markets bigger funds from getting involved....last thing he wants is certainty preventing funds getting any sort of control.

this again will create further funds for upgrading the prosepcts of cfe

lady annie once explored jorced and upgraded will also be sold maybe for 300-400 million as cu prices increase and sage is a smart operator for not recommencing oiperations until the area is completely re evaluated.you want to sell the deposit before its mined if that is your objective .

funds were expecting a mine and an income by getting rid of the business copperco provided any big funds wont be interested in cfe and as a result disappointment will lower cfe sp

The overall value of cfe and its bits are greatly more than the market cap but it is a ploy by sage to get all the smaller holders to provide interest and the major holders can know that it will provide over time a steady increase in their wealth.

This is a great long term hold for thos ewilling to chuck it in the bottom drawer and forget the bs sage is creating and just be aware everyone that sage is stage managing the conflicts he wants the market to get excited and boost the sp then get totally disappointed and lower the sp...he makes more $ when you get frustrated and sell out

trading the oversold / undersold extremes also works if you are a chartist and monitor everyday....

so expect a build up to the next thing on the agenda but dont expect them to mine anything they will sell all of their good assets.

I thing CLS will sell for 50 mill or so at about the time of the mining approval at clNorth.This will improve CFE coffers 130 mill and provide an opportunity for a good dividend for holders.

Holders should also get a dividend this year which will keep sages gf in the manner she expects.

goodluck all great stock to be involved in ...better than a TV soapy