Unfortunately I share the AIM nightmare too.......... I sometimes wonder whether there was a conspiracy to artificially boost the prices of shares on AIM (and other markets?) following the financial crisis of 2008. It just doesn't make sense that ALL of my AIM are in a bad way which includes BEM. And it is unbelievable that the FTSE is now at 6500+ even with the Ukraine/Crimea crisis just about to move towards even more uncertainty. When will this nightmare end???????????
Afty aft Sooz. Yep, exciting times, or at least it will be when the sp goes beyond what we paid for it. Long way to go yet though. Fingers crossed for a positive outcome in the near future then, a licence to mine, a licence to dine and feel the funk, with a happy Sweden, BEM and Saami alike.
P.S. Sorry about creating a miniature fantasy world, but it's how I counteract my ongoing AIM nightmare.
We are running around the clock with two drills, says CEO Fred Boman.
Kallak has been deserted and silent for two months.
But on Friday resumed Jokkmokk Iron Mines test drilling for iron ore since reindeer had winter in the area.
Two drilling rigs are in place , previously we only had one . We also have three geologists and two engineers who evaluate the findings. We have never had such a capacity Kallak that we have now, says CEO Fred Boman.
600 million tonnes of ore
It was in August last year that the Company and its subsidiaries Jokkmokk Iron Mines started exploration are Kallak .
The area is considered one of Scandinavia's largest crude iron ore deposits and can contain up to 600 million tons of ore.
Meanwhile, worries about many of damage to nature and to Jåhkågasska and Sirges Sami villages in the area are threatened.
No activist protests
In early January, there was mining opponents in place Kallak but not now.
We plan nothing but await says activist Elizabeth Johansson, who lives in the nearby village Randijaur.
Drilling continues until the next year. If all permits are granted counts Jokkmokk Iron Mines of starting a mine about five, six years.
It is a clean colonization. Nature and the environment becomes damaged. This means the end of Jokkmokk, the activist Tor Lundberg Tuorda, from Randijaur, said.
Some info from Kallak, from Fred. Two rigs around the clock. Three geologists and two technicians are evaluating the samples. Fred says they have never had this capacity at Kallak before.....and no activists are disturbing them. From the newspaper "kuriren".
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