The latest Investing Matters Podcast episode featuring financial educator and author Jared Dillian has been released. Listen here.
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That's good although still hoping that we hear when the drilling is going to commence at Inishowen, which looks the more exciting gold project to me...
Drilling starts Monday.
Thanks for your concern Gulable, i don't think peeps are under any misapprehension about what we might have (or not have) at Mine River or Inishowen (or Stonepark). We're a sub £3M mcap company with dodgy leadership but it won't take much to send the SP considerably higher imo. Both Spring drilling projects are fully funded too! Risk versus reward for everyone invested here...
How much gold is required to make a mine commercially viable? I bet JT knows but will keep it to himself. My concern is for people being sucked in to a pump and dump share thinking they are making a long term investment.
Look at the published results for all the companies this man is involved with and you will see nothing but big statements and promises that all come to absolutely nothing.
If after that you decide to gamble your hard earned cash I sincerely wish you all the luck in the world.
Gulable, you will be aware that I am not a fan of the old man, but we do have evidence of gold and Inishowen looks particularly promising imo. And then there is Stonepark too. A decent CEO would be drilling at pace (fully funded!) but as you know we don't have one....
Hmmmmm I am not so sure Gul.
Proveb gold veins exceeding predictions. Saw the SP jump from 1.2 to nearly 2p last year.
My thoughts are get both Mine and Inish up and running and wait. At least we DO have gold.
Fools gold promised by an old fool, guaranteed plenty of excuses being lined up for when this all falls apart just like with every other company JT is associated with.
Also , my buy is down as a sell on lse trades. I hope people don't use that tool as a guide. It always seems wrong.
Sorry guys. My bad. I bought in and 3 seconds later they dropped 10%. Pay me and I'll sell up. That will put the price up 30% lol
Well drilling starts Monday so we can be thankful of some action at least. An update on the Inosh plan would be great ... Im hoping they dont just leave it and do Mine river first and say Inosh will be Q3
Looks like the market thinks that Teeling is incapable of delivering anything!
Mine River could be promising but Inishowen is the project that should excite us imo. lets get drilling and get this mcap above £3M!!
6 Jan 21 RNS extract:
High Grade Gold Bearing Vein Outcrops Identified at Inishowen
- New gold bearing vein outcrops identified during recent trenching programme at Meeneragh Inishowen
- 40.7g/t gold in 10cm quartz vein 85m along strike from the high grade 2016 drillhole
- 13.1g/t gold in 50cm quartz vein outcrop identifying the bedrock source of the large boulders found in the adjoining fields in 2015 and 2016
Another Inish RNS would see this up another 10%.
Lets hope this is going to be fruitfull to all.
GL
Inishowen should be very soon. SP could easily more than double on any decent results imo....
6 Jan 21 RNS: ''The output of this mapping exercise will delineate high priority gold targets which the Company intends to explore via a fully funded drilling programme in the spring."
Hurray finally :)
So I believe the plan was to go between Inosh and mine river this year, so 10-12 weeks at mine river and then move to Inosh. There was mention of maybe some more trenching at Inosh as well, maybe that will be done in the meantime ?
Would be nice if we get some updates every 4-5 weeks now on progress
At last, a bit of action! Now when are we starting drilling at Inishowen which had some very good grades (RNS 6 Jan 21)? Mcap only £2.6M so plenty of scope for a decent increase in share price if we get some decent results...