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George Frangeskides, Chairman at ALBA, explains why the Pilbara Lithium option ‘was too good to miss’
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DYOR : buy if you feel confident , don't put in more thzn can aford to lose
Gla
Addendum: And with good reason too.
Aww, ST is excited, that's all. Bless. Me too!
Psychologically luring people in to buy.... thing is, if alba find gold, we’re rich, if they don’t, we’re not. Simple.
@ sait-tropez what is your deal here??
660 posts in the last 30 days!!!!
Good RNS yesterday. Let’s see what it will bring today. Gold will rise.
Good luck to all
"cause the gold price to rise"
Debts/recessions cause the gold price when govts print money to bail out every man and his dog and then try to stimulate the economy by kick-starting job creating projects. Otherwise any downturn would create unemployment and cause people to spend less and save more, where possible. The gold price (in GBP at least) would slump if there was no monetary stimulation. As I heard mentioned yesterday, a no deal Brexit will cause far more long term harm to the UK economy than Covid ever will. Quite a sobering thought.
I’m not sure why anyone would think a vaccine will cause the gold price to plummet and that Alba have missed the boat. Vaccinations take time to carry out and even if the pandemic was to miraculously end tomorrow the world is in a recession and every country still will have a ridiculous amount of debts caused by it. No vaccine is a miraculous cure for the economic cost of world half shutting down for at least a year, I can’t believe I even had to write this post to be honest
The virus itself isn't the reason for a high gold price. Central banks have been creating trillions of dollars in free money to deal with the economic impact. That is still going to a factor for years after COVID is a receding memory. The gold rush is only just getting started.
By my reckoning a effective vaccine will be in place & the gold price falling before Alba get any gold out of the welsh gold belt.
Hopefully not a opportunity missed?
This will level till result are out, next rns could be the biggy or a different project up date
Time to sit it out and not be out. Keep the patience people wil pay in the end.
Quick look....not yuck look haha. Though yuck look does sound good.
Rant over.
Just had a yuck look at UKOG as I haven’t checked them out for a while. They’re SP is recovering well (boom - boom) and from no real proper RNS to state why. Where as ALBA get the rights to a whole gold field, will now own and can sell the gold they find (minus 4% royalty payment to the crown) also having a 12-14% stake in UKOG......
Yet ALBAs SP is stagnating at or just below .50 and can’t seem to break free. What do ALBA have to do here for the market to realise what they have and value it accordingly. Is it jus the good assay results all they want to prove there is gold??? Who knows, but it’s bloody annoying lol :o) ATB and GLA
I thought all UKOG had was a waterlogged well that they were building pressure in and a court case against their planning permission that they won’t here a decision from until well into next year??? (pun intended) :o)
UKOG on the rise and added 4% today. Another good news on the way.
I for one will visit the museum and purchase some shiny stuff.
The good thing with Alba is you never know what they’re going to pull out the hat next. I wasn’t expecting Fridays news about the Gwnfynnyd mine, I don’t think any of us were. It came as a good reminder that even on quiet weeks there’s lots going on behind the scenes that we have no idea about
I'm not sure what other news anyone expects, perhaps rights to the entire country of wales?
What alba have quietly achieved is amazing. They have lined up all the pawns across the gold belt until it became an entire field.
I would rather see results released in conjunction with other critical news such as the pilot plant being commissioned and a joint venture with a jeweller.
A big PR push on the back of good news and this will fly.
I do hope so soon,I guess patience is the key
One day codney
There is always good news coming soon with this share, a long line of results and successes :)
Does anybody know when or if any news will be coming soon?
Sharegnomie
We are paddling up stream a bit today.
Meaning gold miners have been hit pretty hard so considering how bad some SPs are looking today we are not to shabby.
Mineral city.
Can you deepfake GF onto gold member next.
I love gold.