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Looks like a bit more selling action so far this morning to me.....few more jumping ship IMO...possibly some who bought at .0249 & got bored already....
LoL - if only the MM's & others were as positive as you are might see some positive bid action instead of just the ask being moved to raise the mid point instead....at least when it does rise that is
No jv yet but they are in search of one. This is a good sign.
You should phrase things better.....there is no JV at the moment..... all there is is an advertisement to see if there's anyone who wants to come on board & help take it forward the fact it's there suggests to me we're looking for & need it ..... that IMO is not so good. It's a bit like going up & down the street to see if anyone will help you build a sandpit that no one seems too bothered about when in fact what you want is someone banging the door down saying wow what a great idea & it looks fab I've got loads of money here if I give it to you can I help build it bigger, better & quicker.....but only if I can play in it when it's finished... Poor analogy possibly but you get the point.....again just my thoughts...but one way we get terms & the other way we can negotiate good terms Either way hopefully something/one will come & save us from complete annihilation
Yes, we all want better news here, it is needed, but it very much remains cloak and dagger. The placing price, should we supposedly have good things ahead, was inexcusable. That's why we can't be too optimistic. Let's just wait and see what occurs. Best of luck to us.
"Mineral resources of 16.17 Mt grading 1.86 g/t Au, 12.91 g/t Ag" are not the figures the company report on the website or in any RNS. In fact this is part of the problem with this company, a share lack of reporting, transparency and consistency of information. The reason why you have to ask is it this company? is because it is not clear. Having to look at maps of lat and long to make sure we a all looking at the same business is a joke.
True eric. Looking a bit brighter though. Imo
Better to rein your hopes in a little and see what actually happens. In my opinion Wress.
"Mineral resources of 16.17 Mt grading 1.86 g/t Au, 12.91 g/t Ag" Do these figures sound good?
Well the fact that they are putting it out there that they are actively searching for a jv is a big positive. 80% earn in and feasibility of the project showing gold reserves ahead of the amulsa tonnage will see partners jumping through hoops to join. Gold will rise substantially over the next year as will the orogen gold share price. I expect some big buys over the next week. Good luck all
Yes Wress - as you probably already knew this is Mutsk by the look of it .....the Lat & Long match when rounded.... however it would also infer that they're still looking for a partner so your thoughts a JV is about to be announced might be off.....
Well it is coming to thebend of august and we should now own 80% of the 2nd biggest gols mine in armenia!!! How fantastic is that.
Per share, obviously. Howl.
Maybe Patrick could buy this Company, for 0.89p. Lol.
That should be a great average. At least you have a chance of gains with that. I think I need about 4000% on this sp to see my average. It's 0.89p. Lol. Better not get too excited eh? Hoping Pattycakes pulls out a jackpot project for you anyway over on Sunrise, you deserve it Rod. No more Very Short Lakes. We know he's tight, but I think that will help give you a reasonable chance of a return in the end. He certainly won't spend money for the sake of it, or dilute unless it's necessary. Best wishes with it. Oh yes, little Cheets says he misses the good old days and hopes Smalls is ok too. Cheers Rod.
I have gone full in again. Average is .17. Not sure if the right move but what the hell. Lol What is the % of you breaking even here. Missing little cheats on board. Lol
Waiting it out. Fair play Rod. Oh yes, I fully expect this to be unsuccessful, which will only be a continuance of the terrifying norm. Lol. Anything other and I'll be pleasantly surprised. Still fookin' skint, but pleasantly surprised. Little Cheets sends you a very high five, on account of his enormously long arms. Cheers matey.
Great to hear from you. You know me I waiting out for back to 8p. I loved ore but with so many shares now, I can't see back to the good old days. It would appear that management are taking the Pis,so to speak If they consolidate the shares, then you know they will just issue more and more shares. Poor but it happens.
Bring it on after the earn in.
Whitematter that is not funny
If this is mutsk i am not sure. Maybe some more clued up people on here can tell if the long/lats are near mutsk.
https. :// mineralintelligence. com/. projects/1558-copper-lead-zinc-gold-silver-mine-project-in-armenia
On a google search i found an advertisement from a company seeking a jv partner for a second phase gold mine in armenia. I shall try and find the link
An it should "Put people off investing", the amount of shares in issue demonstrate the performance of the company and the BOD. If they cannot turn this around then they should give up! IF they have a fantastic find and can prove feasibility, then they should be able to use the JV to get this mine operational. They should also be able to achieve funding without further dilution. And when the mine turn operational they should be able to start buying shares back. That is of course if they are successful.
A consolidation must be part of the plan. 7 billon shares in issue is just ridiculous.