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ETF Securities experts James Butterfill and Townsend Lansing: did you know you can go long and short on ETF's?


Anglesey Mining Share Chat (AYM)



Share Price: 3.25Bid: 3.00Ask: 3.50Change: 0.00 (0.00%)No Movement on Anglesey Mining
Spread: 0.50Spread as %: 16.67%Open: 3.25High: 3.25Low: 3.25Yesterday’s Close: 3.25


Share Discussion for Anglesey Mining


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Trio
Posts: 29
Off Topic
Opinion:No Opinion
Price:3.25
View Thread (2)
RE: Trev
13 Sep '17
MM, a plan that goes something like:

1) Day zero, Raise $53 million
2) Spend three years doing some stuff
3) Begin selling the zinc, copper and other deposits
4) And hopefully at some stage the mine becomes profitable, and investors get their reward.

would be puerile, but I have to say, the plan as presented by Bill was not much different. As slick as Bill can speak about his subject, the bottom line is that he, and presumably his esteemed colleagues, are behind the times. There was a serious absence of adequate risk assessment in the intended steps to bring the mine to full production. It is inconceivable that $53 million can be raised against a current market cap of $5 million, to effect a three year plan that might bring a mine into operation for a period of 8 years, but on the back of a carrot of a 30-40 lifespan, but we won't know much more about that until later.

The young eloquent lady who spoke, at the Parys mountain site, with some passion about the use of zinc in the pharmaceutical industry was somewhat dismissed, but I rather suspect that a number of people, as I did, felt a deep sadness for Bill's total dispassionate response to her calls for the BOD to seize the massive opportunity open to AYM and adopt all the social media channels which all successful ventures of the twenty first century now embrace and utilize to significant effect. A number of people attempted to make light of the situation, suggesting she should volunteer for the post of Social Media Executive (or such like). The real message here is that things need to massively improve. New blood needed, and needed urgently.
 
TransporterT5
Posts: 12
Off Topic
Opinion:No Opinion
Price:3.25
Nuclear Waste
13 Sep '17
Since the Chernobyl disaster in 1986 the UK Nuclear Safety standards have been second to none. Decommissioning started in Trawsfynydd in 1993.
Trio
Posts: 29
Off Topic
Opinion:No Opinion
Price:3.25
RE: Nuclear Waste
13 Sep '17
T5, Gareth is surely alluding to purported events that took place around 1989-1990,when perhaps regulation was less rigorous than it is today.
TransporterT5
Posts: 12
Off Topic
Opinion:No Opinion
Price:3.25
View Thread (2)
Nuclear Waste
13 Sep '17
Hi all,
I have worked for a few years on the nuclear decommissioning up at Trawsfynydd and the radioactive waste retrieval will not be completed until sometime in 2019. This is a highly regulated industry and no project have been fast tracked that would breach safety standards and allow radioactive leakage off site.

Sorry Gareth there is no substance in you comments on this subject.
Brentharg
Posts: 1,381
Off Topic
Opinion:No Opinion
Price:3.25
Gareth
13 Sep '17
Point taken. Take my hat off to you. The floor is yours: what are the characteristics of a sound investment strategy? What tips can you give us?
honestbob
Posts: 1,161
Off Topic
Opinion:No Opinion
Price:3.25
PS
13 Sep '17
Wasnt aware we had fallen out - so not sure why reference to branch of peace
honestbob
Posts: 1,161
Off Topic
Opinion:No Opinion
Price:3.25
gareth
13 Sep '17
Thanks for the offer

I am very busy - what would I gain by spending time in a face to face discussion

Yyou dont like the company - and have given your reasons

I have made my investment / gamble on the basis of some quite detailed research and balanced that against the obvious risks . All that is here i can afford to lose 100 % - would rather not but not a great issue

I struggle to see what benefit a meeting might give me

I dont encourage or discourage others on this or any other boards to buy or sell that is a job for those who are or cleverer than me.
GarethCofi
Posts: 18
Off Topic
Opinion:No Opinion
Price:3.25
Offer of an open discussion
13 Sep '17
Brentharg and Divermike

The offer is still open guys to have a frank and open discussion in person about this.
Divermike
Posts: 3,603
Off Topic
Opinion:No Opinion
Price:3.25
Gareth
13 Sep '17
Hi mate, no need for an Olive branch, Ive not fallen out with anyone, people have different views and opinions, some people believe different things, we live in a free society with the freedom to think and believe what we want, with regards to AYM being a good investment, that can be debated until the cows come home, however with regards to the accusations of illegally dumped nuclear waste at Parys mountain, I guess judgment day is coming closer for the conspiracy theorists, however I am under no illusion that upon draining the Morris shaft and no waste is found we will no doubt hear that it has been secretly moved in the middle of the night to another location, but if that what some people want to believe, that's up to them.
Brentharg
Posts: 1,381
Off Topic
Opinion:No Opinion
Price:3.25
MM
13 Sep '17
Why, thank you for that. I for one DID enjoy the event. Admittedly that isn't the same thing at all as turning a handsome profit on my investment, and that remains to be seen. But from the narrow perspective of atmosphere, courtesy, manners, integrity and good grace it was a grand day out thank you.

Up ten percent in a week, you say. In what share and on what scale? Cashed in or holding for further gains?




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