Member Info for ardtole

The big news for Minco this year will be the 5000m drilling results from woodstock. Id estimate late Feb, early March we will hear from there. In the meantime we could hear an update from Buchans, the inclement weather conditions seem to holding up things temporarily at the Pennines. Id have to say the current Sp is a fantastic entry level, id be suprised if the sp is not close to 5p by end of March. Im not in a position to average down at the moment but if things remain as they are early March I should be in a position to make a move.

The current drill program for lundberg is 5000m approx, we could be waiting until end of feb, early march for the next results. The last drill program at buchans was only 500m if the current phase of drilling is similar we will probably hear from there first.

Id guess we will hear from woodstock in March, it is probably the most signifigant drilling program in the immediate future. The results from here will determine how attractive woodstock is for potential chinese investment. If the drilling at buchans is similar in size (500m) to the last program it should be due feb at the latest. Drilling programs at the pennines usually average six months.

No bother tmpocket, no offence taken. Id agree it is a strange time to hold agm.

We knew all that with the last rns, all I am saying was there was little or no informtion from yesterdays agm that anyone with any knowledge of Minco did not already know.

We knew about woodstock in july, there is currently 5000m of further drilling ongoing, we do not know if it is in the hartford deposits or a more intensive drill of the plymouth deposit. We know it is 10m dollars to complete a pfs there and a further 10m dollars feasability study to finish there. No mention of how we intend raising capital for the next stage of this very promising project. We knew drilling resumed at the pennines check out aditnow.co.uk. The last results from Buchans are known around 2 months now. There is more drilling going on but no indication of a timescale. There was no mention of a tsx listing that warren mcleod suggested would be completed by christmas.

There is no new news from either woodstock or lundberg that was not already in the public domain, one hole drilled in the pennines, there is usually a positive flurry of activity after an agm but for me it revealed very little. Hopefully more good news in 2015 but yesterday was old news rehashed.

They must have had the agm wrapped up in 15 mins, nothing new, I was expecting a bit more information and an idea of goals for 2015.

After watching Warren McLeods last video, I would imagine the 5000m of drilling currently taking place at woodstock, is in either the Hartford north or hartford south deposit, or both. The last rns from woodstock was for the plymouth deposit only, a similar drill result to the plymouth deposit could make this a very lucrative venture.

is the big buyer of 32k also the persistant seller over last two months and has continued with their selling activity today?

If you google "minco plc youtube" there is a presentation from Warren McLeod from oct 16 this year. In it he expects a toronto listing before xmas, up to 10 current chinese emm producers are being approached about being possible partners and I thought he hinted about a possible sale of the asset towards the end of the video. He also mentioned that a chinese company was looking at the capex costs and expected them to be slashed signifigantly and a possibly updated pea revealed.

The last rns from lundberg was for 500m of drilling, so if the rumours you are hearing are correct Confu, id imagine they would have plenty of time to do a similar size drilling program.

Thanks for putting up that article, its an interesting read. Where are you invested now, I always valued your posts.

Thats what I call putting your money where your mouth is.

Minco have only resumed drilling in the pennines in the last week, after suspending drilling during the shooting season, id say news from woodstock and buchans is more likely in the short term.

1.75p has been difficult to breach recently, hopefully it could sneak up to 2p before agm, ive a feeling we could hear something big from woodstock or lundberg before christmas. I definitley wouldnt be selling before the new year especially at current sp.

There has been a big seller for the past two months, another bb, links it to a high profile disgruntled investor looking his day in court for some obscure reason

Thats a good point nottspie, criticism towards these boys would be water off a ducks back, just part off the job. They are well fit to take 3/4 hours abuse and laugh it off afterwards over a few gins. I think we will hear details of a tsx listing, possible pfs from buchans, and possible sale of woodstock later in 2015. I still think the timing off the agm leaves a lot to be desired.

Id have to agree that our most high profile projects are in Canada and maybe Minco are trying to raise their profile over there. I wouldnt be suprised to hear of a tsx listing either but I still think the timing of it and short notice leaves a bad taste in the mouth for investors over here. It is still an Irish reg company.

Most of the shareholders are from this side of the atlantic. Previous Agm's were in Dublin, the 23 dec is probably the most inconvenient week in the year for most investors to make arrangements to attend. The fact it is in Toronto is a non runner for most investors to attend, there is a total disregard for shareholders and even if someone was to book flights at this shirt of notice would probably cost half a million of shares at the current sp and that would include a ****e b&b.