
This one 2nd qtr got net profit lost. Will be interested to know more what is the things that is brewing............
Thanks in advance to those who can share more.
Zhanshen
I agree with you that something is definitely brewing.
Sapphire is in the radar because it appears in the EDGE magazine in the 22 June 2009 issue. At that time, it says that Sichuan Shuntong Mining(SSM) stakes in Sapphire is to provide them(SSM) a platform to make further aquisitions outside China.
Sapphire's 51% stake in Special Steel is a turning point. At that time, Chuan Wei Group is planning to list two of its larger assets in China and Hong Kong. Now one of the IPO is coming up in Hong Kong Exchange...China Vanadium Titano Magnetite Mining.
ozone2002 ( Date: 19-Sep-2009 10:25) Posted:
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definitely something brewing..
overheard from NRA capital that there's rumors of a china company wanting to RTO the company..
not sure how true..
Recently Sapphire is usually among the top 20 actives.
Sapphire's related subsidiary, China Vanadium Titano Magetite Mining is going for listing in Hong Kong Stock Exchange. It is a US $250 million IPO, offering 588.8 shares and managed by Citi Group and Deutche Bank. According to Dow Jones newswires an addtional 88.3 mil shares will be added if demand is high.
IPO Road show held at Marriot Hotel in Shanghai. Trading of shares will started on 8 Oct 2009.
It has break the 2 cents resistance and hovering around 2/2.5 cents. Shares is trading at NTA and with this IPO should rise. Watch for breakout !
edskh78 ( Date: 25-Aug-2009 14:23) Posted:
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Hulumas ( Date: 25-Aug-2009 14:19) Posted:
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water/mountain ( Date: 25-Aug-2009 13:21) Posted:
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Small player only lah, made a little bit only.
Queued 0.015 already. But I have been observing this stock for the past few weeks. There are already BBs queuing first, so unless there are millions being sold at 0.015 in a day, there is no chance you or me can get it.
iPunter ( Date: 25-Aug-2009 13:32) Posted:
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Bought @ .015. sold @ .02... wa... huat aahhh!...
But why buy again at .02?
Should queue to buy @ .015 again! ...

Bought at 0.015 and sold off at 0.02 yesterday. But today saw the high volume so I bought back at 0.02.
Seems like there is something brewing, but still have not heard or found any announcements.
Sapphire, with activities and high volume, and now trading at-/02 cts. Any chance it may breakout soon.Any comments.