George Frangeskides, Chairman at ALBA, explains why the Pilbara Lithium option ‘was too good to miss’. Watch the video here.
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WYIDTT
Its a rhetorical thought, all the lefty papers are fornicating over Biden, a socialist in sheep's clothing.
And my mind is strange, lol. Your posts are a little if not darn right depressing on reading and why the Monic change from twostickydickfingers or what every your name was or even before that.
Just topped up as well. Parking a few in here on top of my core holding. PUR, SGZ and GRL all due significant news in the sector. All pretty decent Bods and all financed.
Trek
Just OT anyone notice have much left wing diarrhea media sites there are, like they are been paid lol !
A lot of them have locked off their comments sections so you can't pull them up on there content. You would think there was a global left wing agenda here. Good to invest in gold then.
Not long now, Christmas is just around the corner !
Took advantage of the dip today as well
10,000 at around 127pence
That's my target of 50,000 achieved, so will now hopefully settle down for the bumpy ride higher over the next few years
i want to thank all the nervous investors for selling up letting the sp drop for me to top up even more lol poring in a few weeks well funded company billions of dollars in gold dividenns will be paid when they start pouring gold . Sprott as a big investor i can see why you would sell lol what novices
Goldminer, You are quite correct now states 8 weeks to production.
They are making it easy for us by counting down the weeks. Hope they stick to their timing as they could make a rod for their own back if any delays.
Interesting to see the October presentation has the updated figures on it.
Changed from number 5 and 17 in terms of grade in Canada and the world to number 4 and 16.
Also have updated the POG to 1800$ and that increase of 300 dollars had increased revenue for phase one mine to 2.3 billion.
Another 200 dollars to POG will see us add another 3-400 million revenue to phase one.
If gold hits 2500 an ounce then we are looking at well over 3 billion just on phase one
Rockie
You must have a different computer to me. Mine says " 8 weeks to Production"
This morning it said "9 weeks to production"
I've never known anyone keep updating a target date like this
Onwards and Upwards
This will get tipped as well imo and we will move fast towards 200p. Gold pour getting close and Gold $1900! WOW!
Enjoy!
This is from the front of their home page. Sounds pretty definitive that they are on schedule.
10 weeks to Production.
(We'll pour gold before Christmas.)
Welcome to Canada’s next gold mine.
At 9 grams per tonne, this is one of the highest-grade gold mines on the planet. In fact, it’s in the top 8th percentile.1
I tend to assume most timelines slip a bit
So for me I don't expect the first gold to be this year
However I do believe it will be poured in January.
Love those grades and fully expect more of the same for years to come.
Previous RNS stated:" The temporary shut down had no material impact on our development schedule with first gold pour expected in Q4 2020." It is certainly not a definite gold pour before Xmas but it would be nice. With the COVID situation getting worse one just does not know what might happen between now and Xmas but this is one share one wants to hold on to as when the big news comes out it will be very difficult to get hold of shares. If it is not before Xmas I am sure it will not be long after.
Simply fab results.
Agreed, zeratul - these fantastic drill results at Wedge (between 'Zone 8' and Russett South) lends increasing credibility to PUR's 7 kilometre long gold trend and with the drill barely half way down 'zone 8' which made Goldcorp, at depth, even more prolific gold results should be seen soon.
In a previous vid. it was hoped that the terrain which turned Goldcorp into a multi - billion enterprise a few kms away, would run under PUR's property, too, so exciting times should lie ahead in addition to the impressive Wedge results out today - sasa.
Shedjock
I agree that they don't need to announce it again, but normally if it was happening they wouldn't miss the chance to do it. Just take a look at the RNS from 17.08 for a reference.
Well, we finally got some drill results and those are very exciting! The result from test hole PGL-0003 is some of the highest grades I have come across through my various holdings and is comparable or even better than the highest grades reported by KL. Over 1kg of gold over more than 1m!
It's also worth noting that the drill results for Wedge are at very shallow depth from surface at less than 400m! Who knows what they will find as they drill deeper? Remember Goldcorp transformed into a multibillion company thanks to the high grade which they found at depth from 1.5 - 2.5km!
This is looking very encouraging. I am sure Eric Sprott will mention those results on his podcast on Friday.
I'm not sure that they need to say "first pour before Christmas" yet again ! I think they've done that to death. As for the directors selling, any number of reasons.... tax write-offs, buying property, taking advantage of the options for quick cash, a secret pact. Who knows...... It was slightly worrying, but my fear has gone.
Great results, no doubt about that. However, I can't see a word in this RNS about first gold pour before end of the year! And I still can have only a guess why the Directors have sold large chunk of their shares not long ago. What are your thoughts guys?
It will be interesting to see what happens when the Canadian market opens. I think the UK is waiting for their steer and take in these fantastic grades.
in my opinion this holding i have here has less risk than any other of my holdings
I Just cant see what they have to be scared of ? the company is fully funded and has the highest drilling grades i have seen gold pour by the end of year, investers like Sprott. i have been in this share since it was 65p and have no intension on selling !! yes i can sell now for a good profit but there is a bigger picture in the near future. maybe they can see something i cant if so please tell
Me,
A KL in the making !
And a massive buyout target !
Like I have said before....
“PUR is a boring well run growth play that will be throwing of cash as dividends in years to come.”
Who’d wanna be invested in something like that!
Trek
Some people take "buy the hype, sell the news" to a new level !!
I cant believe with such high grades and the pour just round the corner people would sell their shares???