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Me to. Seems some very positive things happening for them.
Seems great news so have just bought a slice of the action. gla
The SP has reacted well.
;)
RNS - production up to 750000oz in a few months. Griffin Mining Limited Recommencement Of Operations At Caijiaying 9th December 2010. Further to the recent announcements made by Griffin Mining Limited ("Griffin"), Griffin is pleased to announce that not only have mining and milling activities recommenced at the Caijiaying Mine, but that approval has now been granted by the Chinese authorities, in conjunction with the previously granted mining licence, to process up to 750,000 tonnes of ore per annum through the fully commissioned upgraded mill. Formal approval of the upgraded processing design is expected in the new year upon the completion and submission of the design of the already constructed new processing facilities by a recognised Chinese design institute. With the upgrade of the processing facilities completed, Griffin anticipates that ore extraction and milling rates will reach the equivalent of 750,000 tonnes of ore per annum by the Spring of 2011.
enlighten me please
..to the news ;)
ha they must have bought all the shares they wanted !! what a company me me me !
About time!
RECOMMENCEMENT OF OPERATIONS http://www.investegate.co.uk/Article.aspx?id=201012080752205400X
well blow me down they have done it again ! they must think this level is well cheap !!!
cannot believe how many shares they are buying back!!! This is great news!!! - this SP must climb soon,been at these levels too long!!
http://www.investegate.co.uk/Article.aspx?id=201012070700064661X
ha! what are they going to spend there money on if there shares get to dear to buy on the cheap ???
;)
http://www.investegate.co.uk/Article.aspx?id=201012030700123060X
price went up today even though there were quit a few sells maybe something coming ??
why cant anyone see how cheap these shares are except for griffin themselves !!
Yes, only a matter of time, once they "throw that switch to live, once again" ATB
before all this happened it all looked so good for gfm im sure when work restarts they will looking to mine close to 750000 tones, i think its still a good buy.
...as ever, ATB PS I mean upwards ;)
I Believe power only just back on, so could still be a few weeks
it must be only days away from restating mining again? Power back on and the green light from the authority's to mine.
This is taken from an update. Dated 2nd Nov' The suspension of mining activities at Caijiaying will be lifted once the recommendations contained in the report have been fully implemented. It is anticipated that the safety recommendations will take a number of weeks to complete once electrical power has been restored to the Caijiaying mine. In this regard Griffin has not received any further information as to when the electrical power will be restored in full. In addition, production from the Caijiaying Mine will be limited to 200,000 tonnes of ore per annum throughput, which is in the process of being increased to 750,000 tonnes per annum, until certain upgrade design features have been approved by the Chinese authorities. The Subsidiary has already engaged a number of Chinese firms to approve the constructed mine upgrade designs. So with no new announcement i guess operations are still suspended
have they started mining again?