We would love to hear your thoughts about our site and services, please take our survey here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
Well said Tullycrow
Obviously we are here because it is worth a punt.
Nobody seems to be thinking outside the box on the operational side of things. I'm in half a dozen investor groups for projects I've been involved in, I've invested in none.
Is this board for people who frantically repeate a mantra or for genuine thoughts and questions...
My plan is indeed to hold for gold, I'm just interested if anyone has thought to the next steps.
Clogau is an existing mine with a lot more gold imo and they are drilling other locations close by, also the knowledge and experience of those analising the mine and the fact that they have invested in mining equipment all suggest they are positive of a significant gold find. For me the positives far outweigh the negatives here so expecting positive news from Clogau very soon. And then there are the Greenland assets..... Just a waiting game and expecting a big re rate in the sp on Clogau news
Too many fair weather investors here. Too many players expecting too much too soon. Give them a chance! They have kept shareholders in the loop continuously, but some things don't happen without a bit of time going by. I said ages ago the SP would be in the 40s for a while until real news appears. Remember where we were a couple of months ago...
We have a big chance to see life changing share price increase here, but please don't expect that to happen overnight. ALBA still remains a company with a percentage of risk attached, but i feel we have a better than even money chance of having it right off here.
I’m not ramping here at all and it’s your money and your decision but 0.5 is not much at all, we’ve been above that a few times the last few weeks. It won’t take much positive news to get to 0.6p from where we are now.
I’m in the red with Alba and have bought a handful of times between 0.36-0.53. I can’t imagine how I would feel selling at 0.5 to then see them get a good RNS about clogau and the price is 1p on opening and there’s no shares available for me to get back in. That’s why I’m holding for gold
Trenching and surface drilling are for the broader area, identifying (or eliminating) areas of future exploration
The underground drilling and bulk sampling are for the unflooded areas of the existing mine
The next significant news (and very significant it will be either way) are the assay results of the underground drilling and bulk sampling. This investigation was initially for only the month of September but has been expanded and extended to work into October. It is expected to be complete by the end of October. Although exploration will continue, the current exploration's results are critical. The actions of terminating Bergen and ordering a small processing plant are consistent with a high degree of confidence on the part of the bod. Needless to say, if the results turn out to be dud, then there's mega egg on faces and no doubt begging bowls for funds to continue. Given the calibre of expertise on site then I very much doubt such actions would have been done on scanty (unpublished) initial findings, nor bold optimism.
I haven’t lost a penny against my book costs and diverted shares to stocks that have climbed gradually. I see the same cycle every 2 years and wished I sold the whole lot when it peaked. At the moment I’m losing £200 a day on Alba, if I’d just let them sit I’d be losing £500. Everyone has their strategy. 0.44 and the market cap is @£25m. I remember when the sp was 0.8 on a £5m market cap. Will Alba hit £50m market cap?? Really annoyed with it all now and glad I reduced my Alba holding.I do want it to get to 1p+ and I think everyone here does.
I don't expect anything at all, it is my first big AIM investment and I expect to be burnt.
I'm just voicing my thoughts, might not have alot of expertise in the stocks side of thing but I've worked hard with plant my whole life.
Has anyone with experience in the extraction side of things got any input? For all the talk of technology making things easier scraping a face with a 1.5t digger and a power barrow is about as non advanced as I can think, its 1 step above a donkey and 4 men with picks and shovels.
They only tweeted 5 days ago.. it did appear they were building their social activity into results but i am not sure anything can be read into it too much yet.. now if we go 2 weeks without activity and no mug giveaway ;) then perhaps.
I think people are expecting too much from this share too quickly. Last week a few people were moaning we were getting too many updates about nothing, this week it’s because they’ve gone quiet. Maybe GF can do a tweet about what he had for breakfast today to keep them happy?!
Nookie, you make it sound like this is a binary event. It's more of a process. We have sampling results, underground drilling results, trenching results and surface drilling results. They will create a picture that builds up over time.
SP action seems a bit odd to me the last few days. I did think we were about breakout to the upside a few days back and uncertainly of the impact of the Welsh circuit breaker lock down was holding us back. RNS cleared that up, yet we fell and SP is still holding. However, if you look across the sector you will see a lot of stocks have stalled. My guess is the markets are on hold until the outcome of the US election is known, which is now only a week away. Once that uncertainty is passed I think we'll see a lot of stocks resume their positive momentum. Trump win and printers go BRRRR. Biden wins and printers go BRRRR^2.
If HH and clogau results are poor you’ll be over 70% down. I’m not selling any more and certainly won’t be buying any more either. Alba gone quiet, same old.
He doesn't lay out his arguments clearly, but for a newcomer like me who is down 13% he seems to be pointing out areas of concern.
I am in several other holdings which seem to be taking off on speculative results. It does make me wonder why even after several press releases saying all is good the stock is tanking.
Obviously once you find a resource you need to extract it, that is bottleneck I can see.
Once the resource is quantified, what is the mining process? Have we really moved on leaps and bounds when it is taking months to collect very small bulk samples? It seems to me they are scraping the quartz away with mini diggers and power barrows. When you look at the specific gravity of quartz it doesn't take much to add up to tonnes.
Just occurred to me when thinking why everyone isn't investing everything then have into this.
I’ve not commented on here for ages, but I do dip in and out to read comments from time to time. I’ve seen that everyone is attacking MR008 and I feel unfairly so.
I’ve seen so much ramping on here, those that have been ****ging off MR008 are those that we’re saying the SP would be 0.70 at the close of last week. Guess what guys, you were all wrong so let’s stop the personal attacks!