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AKN - Auking Mining

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Miner

Joined
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Hello Jow

Hello Folks

Does any one know about CYCAL : China Yunnan Copper Australia IPO. It already got fully subscribed reportedly by FN Area whereas scheduled close 19 Oct. Issue is small $0.4M. Supposed to list by 16 November.

This company has made JV with SIPA Gold and Newmont and going to be a front investment vehicle of Yunnan Copper INdustry Group the third largest copper producer in China. www.cycal.com.au

Lot of free (0.001 Cent) options given to the promoters and issue is fully underwritten by MP Securities who are in a box seat with 5% commission and 2,000,000 options as reported in prospectus.

This will probably be first of its kind by a Chinese investment company .

Please share your thoughts and any research done.

Regards
 
Re: CYU - China Yunnan Copper Australia IPO



Hi folks,

CYU ... looking for a weak start next week, with expectations of
a low in November 2007 and a lift off its lows, as some positive
time cycles come into play, in December 2007:

29102007 ... minor and positive

06112007 ... difficult cycle, downward pressure on price ...???

15112007 ... 2 minor and negative cycles

21112007 ... 2 significant cycles to bring negative news ...??

04122007 ... minor and negative = final low ???

05-06112007 ... positive spotlight on CYU .....

10122007 ... significant and positive news expected here

17122007 ... difficult cycle ... finances???

28-31122007 ... negative news expected here

04012008 ... negative spotlight on CYU

10-11012008 ... positive move ... finance-related ???

17012008 ... positive news expected here

01-04022008 ... 3 mixed cycles ... flat-to-down trading ???

15-21022008 ... significant and negative period

28-29022008 ... minor and positive ... finance-related???

happy days

paul



=====
 
Re: CYU - China Yunnan Copper Australia IPO

I live in Yunnan.

Here's my 2c for the longer term: Yunnan is going to be the entry point for the first major road connecting China and India (timeframe unclear, but within 5 years is possible to likely)... if India has a copper shortfall (particularly in the north-east) then this company will benefit at that time.
 
Re: CYU - China Yunnan Copper Australia IPO

Trader Paul and Aussie in China

Good to see first of all Yunnan physically exists in China. Do not understand the Indian connetion however Aussie in China.

IRL is already exploring in India for copper, diamond etc but no luck with the share price. Another dodgy show by ex CSM chief.

But Trader Paul : are you an astrologer and your prediction was based in lunar cycle. What made you to predict so meticulously. What would be the power ball number in coming Thursday ?

Regards

Miner
 
Re: CYU - China Yunnan Copper Australia IPO

Me again

Trader Paul : are you feeling shy at the performance of CYU - does it seem to be weak at opening price of 60 cents, rising to 90 cents just to close at 72 cents at an investment of 25 cents
Why not run your crystal ball numbers again and just read the prospectus for God's sake.
I would be lucky to get such weak results in all my investment.

Regards

Miner
 
Re: CYU - China Yunnan Copper Australia IPO


I am afraid CYU's performance has been REALLY WEAK this week! People like you are happy because you bought it at issuing price, but what about those people like me missed the issuing price but bought it on the 2nd trading day at the highest price and the price's been dropping with no stop...
 
Re: CYU - China Yunnan Copper Australia IPO

Dear Folksong
THanks for your post.
I am neither happy or unhappy with CYU price.
The volumes of sale coming very low and suggest the promoters have exhausted most of the floating stocks and made the share as of little importance for others. They do have a big agenda however.
My concern was when some people send expert comment without base and then feel shy to support their claims.
Share market goes up and down and no one coudl predict correctly. But some one predicted very low value of CYU like an expert (or punter) and in that perspective I had an objection.

Regards
 
Re: CYU - China Yunnan Copper Australia IPO


Dear Trader Paul
Trust you have had a profitable year 2007 and wish you a more profitable year in 2008 and thereafter.
I reviewed the posts made in CYU. YOur narration was most interesting. Please help me and share if the different dates you originally provided on 25 Oct 07 were based on horary (astrology) or some calculations?
Notwithstanding could please share how do you record the actual happenings against those predictive figures in your calendar ?
CYU has been stagnant at about 58 cents for long time and will be interested to hear comments from you and others.

THanks and Regards
 
Re: CYU - China Yunnan Copper Australia IPO

if you l.ook at the market depth.. you wouldnt touch cyu with a barge pole
bottom fishing only attracts rubbish fish .... you can buy but who can yiou sell to and when can you sell
take it from a trader with excellent success ratio ( 570 trades in 2007 and 12 losses) dont touch cyu unless you want to give away money... and if you do want to give it away , you can give it to me....lol

happy new year

gavan
 
Re: CYU - China Yunnan Copper Australia

Anybody been watching these stocks lately. A lot of talk (announcements) but no real movement in SP. Is this Chile thing going to benefit us shareholders in the short term ??? or even long term ????
 
Re: CYU - China Yunnan Copper Australia

Like the look of the Mt Dorothy cores. There's a long way from dril to JORC to production. I hope they don't screw about.
 
Re: CYU - China Yunnan Copper Australia

They seem to have their hands full so hopefully the assay results from the latest Mt Dorothy drilling will give us some leads. This stock could be a long hold for me
 
Re: CYU - China Yunnan Copper Australia

That's the thing about explorers - the big ROE is made between the first drill and the production plans announcement. Production takes plant, workers, and finance - all of which cost more than an explorer can afford.

The best situations occur at the start of strong tailwinds (eg the oil & gas industry now) when explorers have staked out permits, and they can get a few projects into production before oversupply hits, or credit tightens. Lady Annie was headed for an IPO, and in the end became a trade sale, for less than everyone hoped (though still a fair price).

I hope 2011 brings strong tailwinds for copper explorers. If these cores are good, they could have a maiden JORC resource within six months if they don't waste time and concentrate their efforts. It will require strong financial commitment by a certain major shareholder. If they spin it off or sell the whole thing and retain a royalty, that will keep everyone happy, and will keep them in funds to return shareholders.
 
Re: CYU - China Yunnan Copper Australia

Well Lionel,


These cores are looking good. A small spike in SP today

What does the future hold?
 
Re: CYU - China Yunnan Copper Australia

Well it looks like the market likes the results of the cores

Big spike today after the announcement

Might hold on for a while and see what happens when the next announcements come out
 
Re: CYU - China Yunnan Copper Australia

kingkev said:
Well it looks like the market likes the results of the cores

Big spike today after the announcement

Might hold on for a while and see what happens when the next announcements come out
Click to expand...

Hi

http://www.proactiveinvestors.com.a...ppers-price-and-volume-lists-today-12837.html

http://www.brr.com.au/event/67953/p...b7ed59e6b-5ACE777A-9DF0-718E-3654D54AB16876A4

http://thebull.com.au/articles/a/16705-china-yunnan-makes-rare-earth-discovery.html


Heavy Rare Earth Element (HREE) Discovery at Mt Dorothy - Mary Kathleen JV with Goldsearch Limited.
� A broad zone of Yttrium (Y) and Heavy Rare Earth Element (HREE) from MDD005: 16m @ 1249 ppm (1.24 kg/tonne) total HREE-Y from 71m.
� Revised analysis of results from MDD006 show: 36m @1.54% Cu and 198ppm Co from 50m.
Previously reported 28m @ 1.9% Cu and 247ppm Co from 50m;
incl. 9m @ 5.5% Cu and 205ppm Co from 55m;
incl.2m @ 10.5% Cu and 732ppm Co from 61m associated with chalcocite in breccia.
� MDD006 is now comparable in width and copper content to the previously reported 50 metre higher MDR002 which returned an intercept of 35m @ 1.52% copper and 397ppm cobalt from 17m

So happy l could burst! Finally one pays off!!!

PLS DYO Research. Private newbie posting interesting links, thats all.
 
Re: CYU - China Yunnan Copper Australia

Great day on Friday morning..........it crept up another 4c and then i sold out at 42.5

I figured that after the hype associated with HREE this was bound to head south albeit in the short run.

I am keen on getting back in but will probably wait until it gets down to at least 30c. It might not go down that far but my thoughts on HREE mining means that these discoveries need to be more substantial as the processing costs are exhorbatant and China is still an unknown as far as the games they play. The prices for REE and HREE are great at the moment and if China decides in the next year or so to flood the market with these elements it will be catastrophic for many small miners honing in on the current trend.

I like CYU for their copper aspirations so will like to come back in again

happy anylising
 
Re: CYU - China Yunnan Copper Australia

Yeah, I sold out too. The present price doesn't have nearly so much upside in it now, and all of HC has jumped on. It will be five years before CYU see any money (if any) from HREE ore sales, and I'm content to have more than doubled my money in the space of a month. I'll buy back in at the pre-announcement price range in 9 months' time, if the demand for copper doesn't drop below US$7K/tonne.
 
Re: CYU - China Yunnan Copper Australia

GOOD CALL,

After I hit 100% profit I also bailed out boots and all. It will still be on my watch list but I will also not be rushing in just yet.
 
On May 30th, 2017, Chinalco Yunnan Copper Resources Limited (CYU) changed its name and ASX code to Auking Mining Limited (AKN).
 
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