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Mayfox Mining Listing on NSE
georgegop
#1 Posted : Tuesday, March 11, 2014 1:19:21 PM
Rank: Member


Joined: 8/30/2010
Posts: 183
Location: Migingo
Miner to list on the NSE as it seeks exploration funds
Don't Work for Money, Let Money Work for You..
dunkang
#2 Posted : Tuesday, March 11, 2014 1:51:16 PM
Rank: Elder


Joined: 6/2/2011
Posts: 4,818
Location: -1.2107, 36.8831

This is interesting. They should not make the mistake of excessive over-pricing of its stocks, otherwise, its interesting.

"LISTING TO SEEK EXPLORATION FUNDS", not for the firm's honchos to exit!!!!
Receive with simplicity everything that happens to you.” ― Rashi

shalishali
#3 Posted : Tuesday, March 11, 2014 2:28:17 PM
Rank: Member


Joined: 12/15/2009
Posts: 142
Location: Nairobi
Hope this will not be another Home Africa!
UKITAFUTA UKABILA UTAKUFA BILA!
hisah
#4 Posted : Tuesday, March 11, 2014 3:08:45 PM
Rank: Chief


Joined: 8/4/2010
Posts: 8,977
After reading the article had to check the mineral exploration investment fund formed in Mauritius. The fund (Mayfox Mining Mauritius Limited) was registered 3mths ago.



This one should be approached with caution. No need to lose your shirt for nothing.

Anyone aware of the KE biz side of things? Can't get info on the KE firm Sad
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
dunkang
#5 Posted : Tuesday, March 11, 2014 3:28:52 PM
Rank: Elder


Joined: 6/2/2011
Posts: 4,818
Location: -1.2107, 36.8831
Kudos @hisah!!!! This can be another "China Road and Bridge" vs "China Roads and Bridges".
Receive with simplicity everything that happens to you.” ― Rashi

Angelica _ann
#6 Posted : Tuesday, March 11, 2014 4:39:17 PM
Rank: Elder


Joined: 12/7/2012
Posts: 11,908
dunkang wrote:
Kudos @hisah!!!! This can be another "China Road and Bridge" vs "China Roads and Bridges".

Or @madam with HomeAfrica Sad
In the business world, everyone is paid in two coins - cash and experience. Take the experience first; the cash will come later - H Geneen
Mainat
#7 Posted : Tuesday, March 11, 2014 6:49:52 PM
Rank: Veteran


Joined: 11/21/2006
Posts: 1,590
Caveat Emptor
Sehemu ndio nyumba
mnunuzi
#8 Posted : Wednesday, March 12, 2014 1:05:31 AM
Rank: New-farer


Joined: 11/15/2013
Posts: 34
I thought there were listing rules like the company should have been in existence for at least five years and have a profitable financial year?
murchr
#9 Posted : Wednesday, March 12, 2014 2:04:17 AM
Rank: Elder


Joined: 2/26/2012
Posts: 15,980
dunkang wrote:

This is interesting. They should not make the mistake of excessive over-pricing of its stocks, otherwise, its interesting.

"LISTING TO SEEK EXPLORATION FUNDS", not for the firm's honchos to exit!!!!


Funny....yes clearly the honchos want to make a run
"There are only two emotions in the market, hope & fear. The problem is you hope when you should fear & fear when you should hope: - Jesse Livermore
.
dunkang
#10 Posted : Wednesday, March 12, 2014 6:06:30 AM
Rank: Elder


Joined: 6/2/2011
Posts: 4,818
Location: -1.2107, 36.8831
mnunuzi wrote:
I thought there were listing rules like the company should have been in existence for at least five years and have a profitable financial year?

That applies in MIMS and AIMS but not GEMS.
Receive with simplicity everything that happens to you.” ― Rashi

hisah
#11 Posted : Friday, April 18, 2014 8:10:52 AM
Rank: Chief


Joined: 8/4/2010
Posts: 8,977
http://www.businessdaily.../-/9gf6hyz/-/index.html

Still on course to list under GEMS. Quite risky to buy a prospect with nothing on the ground. Falls under the prayer stock category; investing on faith and hope that they strike something.

Waiting to see if the risky profile will have restrictions on the investor classification. Not for wanjikus this one. Easy to burn funds here if the miner hits a blank mine.
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
kyt
#12 Posted : Saturday, April 19, 2014 4:12:53 PM
Rank: Elder


Joined: 11/7/2007
Posts: 2,182
GEMS will be an achilles heel for nse.
LOVE WHAT YOU DO, DO WHAT YOU LOVE.
Pesa Nane
#13 Posted : Saturday, April 19, 2014 11:14:40 PM
Rank: Elder


You have been a member since:: 5/25/2012
Posts: 4,105
Location: 08c
hisah wrote:

This one should be approached with caution. No need to lose your shirt for nothing.

MANGA Mugwe, MayFOX mining chairman
Pesa Nane plans to be shilingi when he grows up.
stockshunter
#14 Posted : Sunday, April 20, 2014 10:18:55 PM
Rank: Member


Joined: 1/16/2014
Posts: 114
kyt wrote:
GEMS will be an achilles heel for nse.

en.m.wikipedia.org/wiki/Achilles'_heel
Laughing out loudly Laughing out loudly Laughing out loudlyLaughing out loudly Laughing out loudly Laughing out loudlyLaughing out loudly Laughing out loudly Laughing out loudlyLaughing out loudly
fear makes people live a miserable life.
Richie rich
#15 Posted : Sunday, April 20, 2014 11:49:07 PM
Rank: New-farer


Joined: 9/29/2012
Posts: 79
hisah wrote:
After reading the article had to check the mineral exploration investment fund formed in Mauritius. The fund (Mayfox Mining Mauritius Limited) was registered 3mths ago.



This one should be approached with caution. No need to lose your shirt for nothing.

Anyone aware of the KE biz side of things? Can't get info on the KE firm Sad

Some of these companies I don't trust might be exit strategy
The God of the day is still God in the night.
sparkly
#16 Posted : Monday, April 21, 2014 12:11:18 AM
Rank: Elder


Joined: 9/23/2009
Posts: 8,083
Location: Enk are Nyirobi
Pesa Nane wrote:
hisah wrote:

This one should be approached with caution. No need to lose your shirt for nothing.

MANGA Mugwe, MayFOX mining chairman


I don't trust this KANU era wheeler dealer. He is made of the same mould as Meralli and the Olympia guys.

Best known for loan troubles with KCB in his Morris and Company steel company. Took massive loans in 1997 at a time when key moi aides like Hosea Kiplagat and Joshua Kulei were also directors at Morris and Co.

Was also the chief organiser in getting a mobile license for Econet.

This guy is a quiet shark not a businessman. Sharks eat small fish.
Life is short. Live passionately.
MjasriaMali
#17 Posted : Wednesday, April 30, 2014 11:57:01 AM
Rank: New-farer


Joined: 3/19/2014
Posts: 17
Angelica _ann
#18 Posted : Wednesday, April 30, 2014 11:59:42 AM
Rank: Elder


Joined: 12/7/2012
Posts: 11,908
There is a thread on this already - stocks
In the business world, everyone is paid in two coins - cash and experience. Take the experience first; the cash will come later - H Geneen
MjasriaMali
#19 Posted : Wednesday, April 30, 2014 1:17:06 PM
Rank: New-farer


Joined: 3/19/2014
Posts: 17
Wheres the thread, dont seem to locate it
........................................................................
"Every once in a while, the market does something so stupid it takes your breath away." - Jim Cramer
hisah
#20 Posted : Wednesday, April 30, 2014 1:45:48 PM
Rank: Chief


Joined: 8/4/2010
Posts: 8,977
MjasriaMali wrote:
Wheres the thread, dont seem to locate it
........................................................................
"Every once in a while, the market does something so stupid it takes your breath away." - Jim Cramer

Here - http://www.wazua.co.ke/f...spx?g=posts&t=28163
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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