Member Info for Bellers

I’m in ALba because basically I reckon it’s got a good chance of becoming a cracking earner. Over the last few years Scotgold and Greatland have done me proud and I reckon this will too. Patience required, that’s all.

Beware the brokers, I was catching up with last nights posts and I just thought I would give it her as all she does from 8am until her bed at 18:00 is weardsearch. She literally answered as I was putting my shoes on to go cut the grass. I’m leaving her with it. :-)

Just gave the clue to my wife. Making allowances for her brain condition....shes a wordsearch queen as it’s good for her condition....she glanced for 5 seconds and said” greatland are teaming up with Rio”. Made me giggle. I said that all the letters have to be used. I’ve left it with her whilst Igo mow the lawns. She says” there’s a v missing”. ????????

Well, that’s a long awaited but perfectly timed rns. Hang onto your seats from now on. :-)

Nitrokev, we all know what happens when we change lanes....the lane we were in takes off and leaves us behind. :-)

Seadogsteve, you hit the nail on the head there! Why rush through a sale When the season will be finished in October. However the other take on it is The price of metals looks as though it will just keep on rising. That’s about the only rush a buyer may have......get in whilst it’s lower and prepare for April.

Bacefook, I get mine from Munir Balti in Tinsey. Top food.

...and for overspill Speedy there’s the best Western, bridge hotel at Walshford just up the road.

Can’t be nervous about This. I watch Aussie gold hunters, they kick it about on the ground. Like finding money in the streets.:-)

He could have posted on here.....” here are my thoughts”..... opinions can be posted. It’s a board for info and opinions. Not illegal to have an opinion....yet!

Spy, you’ve found the perfect way to keep us Yorkshire folk away.....a charge to get in and an expensive drink.;-)

Morning MrYFronts. Am just ploughing through pages of recent stuff that seems to show that if it brings vast wealth to the country then it helps appreciably. No denying the value of what’s in the ground. Unfortunately my head doesn’t comprehend that level of business. Thank the Lord for the bod and UBS. :-)

Reading the below excerpt make it look as though eua were fast tracked! :-)

CEO Robin J. Young discussed their experience applying for a mining license at the company’s most advanced project, Kun- Manie sulphide nickel, a copper project. “Typically, applications take six months, but we are dealing with a federal agency. Just as in Canada or the US, their calen- dar seems to be different from ours. It has already been 20 months. There are four separate agencies that review the docu- mentation, which is eventually given to the Ministry of Natural Resources, the ultimate license granter. We are now just waiting for the fourth agency to submit their report. We are making progress, but I have learned in this business never to project a date”.

If the link below works then it’s a good read. It clarifies some things. It also shows how the rules can change at the drop of a hat.
https://www.google.co.uk/url?sa=t&rct=j&q=&esrc=s&source=web&cd=&ved=2ahUKEwip-_GE97_rAhVkShUIHRheAM4QFjAGegQICRAB&url=https%3A%2F%2Fwww.gbreports.com%2Fwp-content%2Fuploads%2F2014%2F12%2FRussia_Mining2012.pdf&usg=AOvVaw3kc-5QU3uD53PSDQlp4ih_

Rowka, after spending most of the night reading I still get no closer to a significant conclusion. To be brief, I can’t sort in my head whether the state will “allow” a foreign company to own the pgms as the the state technically owns what is in the subsoil or it will “invite” a company to mine it’s metals for the obvious state cut of the profit. My thoughts are it will be a Russian company/ companies and Eurasia will be allowed a cut. Simplified but it’s the only way I can see it going.
Below is a copied and pasted excerpt from an article on reserves in the old Soviet Union. It made it a bit easier for me to understand.

The system of reporting reserves in the Soviet Union did not include the use of market-based economic criteria to establish the feasibility of developing these reserves using current technology at prevailing market conditions, and was based on drilling results only. Moreover, Soviet data on reserves for some metals was kept in secret.
However, after the collapse of the Soviet Union Russian companies began seeking exposure to foreign investors in order to raise financing.
A number of state secrecy laws were repealed, which has led some Russian companies to start reporting their reserves and resources according to JORC standards.
Russia’s metals and mining industry represents around 3%-5% of Russia’s 2015 GDP and also accounted for 16% of total Russian exports in 2015 (or USD53 billion), the second-largest sector after oil and gas. Most Russian metals production is exported.
Russia is one of the world’s largest exporters of raw materials. Its market share of total global exports in nickel is estimated at around 49% – palladium: 42%, diamonds: 33%, aluminum: 26%, platinum: 13%, steel: 7% and copper: 4%.
Despite its significance for the economy, metals and mining is a largely privately owned sector, as opposed to oil and gas where the share of state ownership is significant. The only state-owned company in the sector among major players is Alrosa, which is the world’s largest diamond producer.

ProfQuatermass, had a week in the White Hart at Harrogate. Lovely part of the World. Highly recommended by me. I’ll certainly be going again.

I would think if the big buyers were in early last week they may have taken their initial investment out and be on a free ride now the price has doubled

Onassis, I’m trying to beat them. Set a buy at 24.99 and it filled. I was musing when I set it .....what if every time time they lowered it pis bought in. :-). Stuff em a bit.

This is going nowhere imo until the for-sale board gets the sold sticker on. The day traders will cause it to move within certain values but we just need to wait and hold. Patience is not my strongest point but I’m having to learn.:-)

But what if the flanks licence was rubber stamped at the request of EUA. If the sale is almost concluded and that needed to be above board and legal and the CS says “further news to follow shortly” . Very shortly as in maybe tomorrow. They’ve played a blinder all the way through...maybe this is nearly the end.