According to a reliable source we will be having a new major shareholder shortly with just over 21 Million shares for 4.4% of the company . There seems to be a consensus forming amongst the rich that there is money to be made here. Thats four major shareholders in the last 6 weeks and another that could easily fund the mine development on his own .
Yes Scottish gold is more valuable than other gold!!!
RE: Gold price
Or in the case of Scottish Gold $1,468.10 less refining costs of around $15 an ounce for the dore bars + 40 % of the profits from the company selling the Scottish Gold .
Sorry $1351 an oz. at present!!!
Well VFP is keeping us well informed. Gold is at 1340 a dollar at present! Steady rise and once inflation takes off gold will be king!!!
Just a few comments from our : new investor Nat le Roux , CEO Chris Sangster , NEC , John Bentley , and a couple of every so slightly well respected Geologists . There is a consensus forming . The comments of Nat le Roux , "I fully support Scotgold management's plan to bring the Cononish mine into production within the next eighteen months. As a Scot I am pleased to be involved in this material step to the development of a significant Scottish gold mining industry." The comments of Chris Sangster ( CEO ) , "There could be an Elephant in the room", amongst a few others ! The comments of John Bentley , “Across the political spectrum, there is huge support, not just because of the local economic interest in the Highlands but because it is such a unique project and it has the potential to open up other mining projects and exploration projects in Scotland.” The comments of Dr Dave Holwell, Dr Dave Holwell of the University of Leicester's Department of Geology and contributing author to the recent Society of Economic Geologists publication "Magmatic Ni - Cu - PGE deposits" has visited the site and has reviewed the current results. "This is most certainly an exciting discovery. The mineralisation at Sron Gharb has the characteristics of a classic magmatic Cu-Ni sulphide deposit with elevated precious metals. The ratios of sulphur and selenium indicate that the magma has been contaminated by sulphur-bearing crustal rocks - a key factor in helping to generate deposits of this kind. Intriguingly, the geochemical signatures show that the sulphides cannot have gained their high precious metal contents without the presence of a much larger magmatic system than is current exposed. If this has been preserved beneath the current surface (as a larger intrusion or conduit system), it could represent a potential host for massive sulphide mineralization at depth." Oh, and the little known ( lol) Richard Goldfarb who compared Scotgold's findings to that of which he worked on in ALaska. ( Big ) Tick Tock ! You will find four out of five of these comments in our RNS's and news paper articles , the fifth one you will just have to trust me on because you won't find it anywhere but feel free to ask anyone to deny it ! See my post on 22/12/13 for relevant links / info on III.co.uk ( VFB ) Take a look at picture no 7 and you will get an idea of what all the fuss could be about and if you want to know what a 40 ounce per ton Gold rock chip sample looks like see picture 14 and picture 69 had 51 different minerals assayed from it and the rest aren't to bad either . http://www.flickr.com/photos/93177156@N07/10627654584/
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