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Strange I got in years ago with Horse Hill projections of billions of B of oil. Seen my investment virtually disappear. Everything after HH has been most unusual especially Wales. Let's see what happens with it but I must say Greenland looked the most promising from years back after HH looked so disappointing with the fall in oil prices.
Trust me, you haven’t touched a nerve. I wouldn’t give yourself so much credit. I haven’t linked a webinar either and if that’s the only research you do, then that’s very ill informed and not even scratching the surface of what you should be looking for. There are a few excellent posters here, who have been here for a very long time and know the score and I sincerely hope they do well, as they have been overlooked for a long time.
Your questions have just been inane and prove a complete lack of research. I’m all for discussion but at least give me something valid to go on. Oh and if you knew anything, you would know that I’m still in all of my stocks and certainly not a trader. You have tried to be clever to win arguments but have ended up looking silly. Please just take my genuine advice and go and do some proper research. My post was aimed at all new investors who clearly haven’t done any research, not just you.
It just feels like they are trying to jump on the bandwagon of the possible gold price increase...
They've been very excited by the prospects at Clogau for at least a year now (as past RNSs will confirm to those who undertake some research), but nobody has been prepared to listen to them until now.
What has changed isn't Alba but the gold price ... and GGP's share price performance has helped, too.
You have taken many different angles to try and blindly deramp this share tonight, so I feel it is the correct time to point out a few very important facts. This applies to any new investor.
First of all, please do your own research. I personally have been researching this company for a good while now. You can see the evidence of this in my previous posts, as I’m very transparent And you can see when I first mentioned it. I had been keeping an eye on it for a while before that point. It genuinely baffles me when people part with hard earned cash purely on hype. That’s the reason that day to day sp changes don’t really affect me, because by the time I finally decide to part with a substantial amount of cash, then I’ve already done every bit of research there can be done into that company (along with all the peripheral factors affecting it), within my capabilities. I really feel that this should be the case for everyone. Therefore, daily fluctuations don’t really mean too much, as I focus on the end goal.
Now, nobody forces anyone to invest and I’m hugely
In favour of people providing balance on a board. But please do a bit of research first. You clearly haven’t, as most of the questions you have posed could have been answered by doing the most basic of research into this company. The other couple you have posed have already been discussed numerous times on this board fairly recently. If you look back then you will see my conversation with Valuefinder to discuss the cost of getting the gold out of the ground a month ago, and it’s been followed up numerous times since. I never ever base my investment decisions on what other people on a board say, as it’s purely on the fundamentals For me. I know the others have researched this too and come over here independently...maybe that’s a possible reason as to why they end up in companies that multibag? Because whatever you can say about people sounding rampy, they know their stuff.
I’m not up to full capacity yet, as I still need to see where this company goes, although I did load up more at the start of this week and have gone as far as I’m willing for now. I may stick, or if things develop further, then I may be persuaded to part with more cash. But my decision is mine to make and I’ve taken my gamble and will be comfortable with the outcome...whatever happens. This should be the case for everyone else too. Greenland is my main play here, by the way, it’s just that the Welsh stuff is imminent.
So please go and do some research before investing...I think the last post I saw from you is the wisest thing you have said all night. Don’t make a decision yet. As you’re the one that has to sleep at night and be comfortable with it.
Doric: It seems you don't like risk. But you must realise that the likes of GGP & EUA once had a phenomenal amount of risk attached.
For example, EUA turned £3500 into £25 for me after 18 years. After 18 years of eye watering dilution it still rose 100 times off the lowest point recently ( since fallen back a bit )
ALBA looks more interesting now than at any time I've held over the last fifteen years but risk is an integral part of this game and you either accept that or decide it's not for you.
I think it's clearly not for you!
I loved the way on the recent investors presentation that GF compared our completely untapped Iron Ore reserves in Greenland to have the future take off potential as Lakshmi Mittal's (Britain's richest man as I'm sure you all know) Candian iron reserves.
Its obvious some folk are destined to miss out,
They're probably locked into falling shares elsewhere and now too busy setting up new accounts to run away from their shocking history of poor decision making.
The new aberdeen man right there
GGP got over a billion Mcap without meat. Loads of shares to choose from, that's the great thing.
Sounds like Alba is not for you , all the best whatever you decide to invest in.
I'm sure we agree that this share has certainly caught attention.
I'll post this up again as clearly a lot of interest from newbies this evening
A Quick re cap
>Clogau-St David’s: High-Grade Gold
> UK’s largest historic gold producer (80,000 oz)
> Never previously subject to modern exploration methods
> No historic exploration drilling and no joined-up regional exploration
> Contrast rapid progress under Alba ownership:
> Clogau in fact comprises two interlinked projects:
> Clogau Gold Mine - Work to restart commercial production from the
historic mine site
> Dolgellau Gold Exploration Project – work to prove up a major new
regional gold discovery remote from the historic mine site
> Mine extensively rehabilitated
> Multiple in-mine targets
Underground workings would cost millions to replicate today
> Existing workings provide ready access to all target zones
>Clogau Mine has exploited an E-W trending and steeply dipping shear zone containing
ABUNDANT VISABLE GOLD.
> licences obtained over the past mont for both the drilling and Trenching operations has kick started the upwards trajectory in the SP.
> Drilling and bulk sampling RESULTS due in the next few weeks should see a significant re rate in the SP if they are anywhere near as good as expected.
> still under the radar, but starting to gain wider exposure (BBC article last week, ITV news next few days, twitter crew, newspapers, and our CEO has said he is committed to bringing a wider media involvement in his recent presentation to market.
The M/cap is pure silly when you consider we could be extracting upto 500,000 ounces of gold in the area worth £750million
Look at our Greenland assets absolutely nothing priced in there when compared to sector peer bluejay who are on the adjacent Greenland site next door and have a m/cap of £72m!!
Crazy cheap at this level, but on a strong continuing re rate now the mining operations at clogau have finally commenced and the company is now fully funded.
Great time to be joining at this early stage before all the above starts to get priced in over the coming weeks and months.
Many invested here were invested in Ggp in the early days, when you got the same drivel and doubts being thrown on the BB. You’ll always get those who throw all sorts of negative bull on BB. Well, look at GGP. Alba may not become as big as GGP (market cap wise), but it certainly can see a very similar rise to GGP.
The fact that we are talking about it on a Saturday night tells you it's caught people's attention
Always do your own full research
The UK needs a good news story Doric , I think it's a positive that ITV are taking an Interest at this stage. The Royal connection makes it a bigger story imo
This is what Alba have said
It should go out at 6pm on ITV News but not sure yet which day and whether it will air nationally or only on ITV Wales.
We are told it may also be featured on All Around Britain which airs on ITV (nationwide) at 1120am this Sunday.
Once we hear more, we will let you know!
How much will it cost to get the gold out? Thats providing there is gold we havent had results yet.
Results will drive that conversation, given that we know JV discussions have already happened there could be a bidding war for a JV given an ounce of Welsh gold can fetch up to 5X. Lots of examples where it goes for more.
Where is the gold going for official processing? What company is going to carry out the independant analysis of the samples?
It's being process off-site by an independent company. I don't believe the name was mentioned but all standard stuff.
Hope that helps
Ahahaha! You know how much I like you Mr Nation!
GGP does come up but no comparison as it was over 1bn Mcap without production. Gold is in demand, I'm sure we all agree on that.
If your feeling nervous, have a look at the webinar. It's an excellent summary of assets and direction.
The world has known this is royal gold for a hundred years, the TV coverage is not to tell us that, it is to tell us that it will be royal gold for the next hundred years
Ahahaha! You know how much I like you Mr Nation!
Doric - I can't see a question. Check out the most recent webinar before you invest. They have said that JV discussions are underway for the gold and the extra cash means the Greenland Asset will be progressed faster. We are next door to blue Jay, and according to Alba have better grades of Ilmenite
doesnt cost anything for the company to invite a TV crew to the mine. All they have to say is that it's royal gold and mainstream media will be on it. Just because this might get a slot on ITV
Agree with you on that point
Mr Nation is everywhere so has probably been in all of these too lol!
How very dare you !
I must ask, you state you load up every day and multipack times a day. If this is fact are you selling and buying back in? If you were so sure why not buy in bulk in one hit if this is going to over 3p? Exactly how many do you hold if you buy multiple times a day week in week out.
Don’t get me wrong I appreciate your input more than most, so please keep the facts coming.
I have added twice since August and should have added earlier and more. But that is hindsight.
Same here VF!
Well, I’ve been in big multibaggers this year with both of you. SNG and Our shared one with Saint tropez and GGP and our shared one with Valuefinder (although I got in a lot later on GGP, so haven’t done quite as well yet). Hoping this is the next one :) Mr Nation is everywhere so has probably been in all of these too lol!
I've said the same will happen here, some will sit on the sidelines hissing while this sails past 1p /2p / 3p and then they'll buy in having missed out massively.
I prefer to load up now.
Think the important take-away from the access given to the TV crew is that Alba are convinced they have a story to tell.
They are not ones to seek publicity simply for publicity's sake.
Grace - does it not remind you of Val before it exploded? There are so many selfless people out there. I thank them all!
We should ask Alba when the itv will air the interview. I’m sure we will get to hear anyway, but it would be good to know before hand.
I agree. Potentially it's a very decent margin in this market.