Member Info for ardtole

things are starting to look up alight. It will be interesting to see the sp reaction after news from buchans in 6 weeks. Hopefully we hear news from woodstock in the near future as well as further plans for buchans, an update from dalradian would also be welcome. Id really like to know what is happening with woodstock.

As well as getting the drill result in 6/7 weeks time, would it be likely to get a timetable for construction & production also, this project is at quite an advanced stage, assuming of course that results are favourable.

The sp spiked in July after drilling results from Woodstock. It spiked in October after drilling results from Buchans. It will spike again if results are favourable in two months. Small increases between now and then in anticipation of next set of results prehaps.

The last rns only told us that there was a drilling program to begin. If the results are as good as the phase of drilling before christmas then we have cause for optimism. Its a little premature to pop the champagne corks just yet. I was a bit disappointed not to hear more about the Buchans project in general, particullary the adjacent properties and the managements plans for the project. Maybe we will hear more details in June.Hopefully we hear from woodstock in the meantime and id expect to hear of a resumption of drilling at the pennines sooner rather than later.

Every company from google down will look for govt assistence, grants for creating jobs etc. Dalradian got substantial investment for training locals for jobs in a future mine in tyrone from the ni govt.

In fairness to uncledave he was correct in saying there was no drilling work taking place in either of the canadian projects.

Can we presume because there has been no rns regarding drilling at woodstock that little has been done since July. Does this mean that the results to date (PEA) are good enough to attract Chinese interest? Or will we likely get another rns soon about the start of 5000m drilling at woodstock in the coming days /weeks. At least things seem to be progressing, its been a very slow start to 2015 hopefully things snowball from here

8 week drilling program due to start. It would also suggest the 5000m drilling program for woodstock has not taken place either.

just going to read it now

Uncledave if you read through his previous posts, has generally been very positive with his comments on Minco. As bluebrain questioned earlier in the week, where is the evidence that drilling was taking place at woodstock? I didnt hear any positive response. At the end of the day though a jv is still required and if the chinese are interested it looks like they hold all the aces.

Are you back in here?

Xag have had a horrendous 18 months. There is speculation on another forum that progress has been tactically delayed due to the current low price of silver, and one poster in particular believes its still a potentially strong asset. There is also speculation Arian are looking to buy XAG. Id be of the same opinion as Randy that we have missed the boat on this project. On the Canadian projects, they are both at critical stages, Buchans is the most advanced of Minco's projects but it is difficult to guage what managements immediate plans for this project are. Woodstock is the key play, minco do not have the funds to proceed with a pfs, and look dependant on chinese investment to make things work. Its only at PEA stage, so it will be interesting to see what deal can be struck. An interesting sidenote to woodstock, is that only the plymouth deposit has been drilled by Minco, Hartford north and south have yet to be explored, it will be interesting to see if a deal is done on all of woodstock or plymouth alone. We should know our fate sooner rather than later, I hope.

I really hope you are right, but im getting a feeling there is no news flow, because there is no news.

where is the news going to come from? There has been virtually no activity at the pennines for at least six months and the drilling equipment is in storage at present. Xtierra has fallen from 30c to 2c in 18 months. We are not even sure if drilling is taking place at Woodstock, either way no news from there in 9 months, buchans had a 3 week drilling program in october off 550m, ive no idea what is going on at present. We were told we are financed for 2015, no wonder when the only expense seems to be salarys, might be time to cut losses, there was a stink about the agm and nothing seems to have changed since.

of falling below 1p than getting a rns by friday unfortunately

I have to admire your enthusiasm tmpocket, we have not heard a word from Woodstock in 9 months, and at the moment we are HOPING they are in the process of a 5000m drilling exercise. The lack of communication is shocking, the agm a fiasco, we are just hoping the chinese get involved its our only way out.

In the video McLeod said that it would cost $20m for pre feasability and $20m for feasability studies which Minco do not have resources to complete these exercises and that they were actively courting chinese investment from companies with expertise in this sector. I think they were open to a jv, but I thought he seemed to hint at a possible sale when i saw the video. At the time I thought Minco would like to cash in on the plymouth deposit and then use the finance to explore the hartford north and south deposits at Woodstock, though this wasnt said directly in the youtube video. Anyway, its still a waiting game regardless.

Its not the first one anyway. I cant access the last two you put up

I think confu has viewed the video in question he might recall more detail.

That youtube video from oct last year by Warren McLeod, doesn't seem to be available at the moment. From memory it did mention 5000m of drilling at woodstock, he definitley said that the papers were submitted for minco to be listed on the tsx exchange and should be in place by christmas, so, pinch of salt and all that. The longer we go without concrete news about our investment the more sceptical we become. Its crazy we have to source information from regional newspapers about minco and obscure youtube clips about the canadian projects. One good rns though and all will be forgotten.