Member Info for BigMinnow

It is all looking like a political game since Scotland will be the main loser if licencing of new fields is terminated - thus killing their only real long term cash cow and cementing Scotland's dependence on England.

Europe needs to get its collective finger out and get digging: https://www.mining.com/europe-lagging-behind-in-battery-metals-production-report/

So much talk about more electric vehicles but not much action in providing the materials that will be required.

Just from the lawyers confirming what we know: https://businesscornwall.co.uk/news-by-location/truro-business-news/2021/03/three-deals-in-a-day-for-cornish-metals/

They won't be digging out any gold relephant, they will prove up the prospects and hope to sell on to a miner that will. See the company presentations and the interviews Bernard has given. They are hoping to duplicate what happened with the Haile mine.

$67.5

Fira, CUSN is a case of waiting for them to spend the £8m on the drilling and hopefully come up with some good results. Any interest in the area could well rub off on SML and Redmoor in terms of somebody making an approach to JV Redmoor - I live in hope.

Fira, CUSN did fly for the recent placees of their AIM IPO at 7p / sh. they have been taking profits ever since! I think the TSXV holders are a bit miffed though.

Early_Bird I think the price will find a higher level once we get more PR and the drilling news starts - I shall be adding to my holding gradually as funds allow. This is more of a problem for TSXV holders than AIM holders regarding the price in the short term.

As far as I can see there isn't a lock-in or hold period that applies to the placee shares on AIM so surely many of those that subscribed to the shares will be selling them down to some level above 7p? See https://www.cornishmetals.com/news/2021/cornish-metals-inc-announces-oversubscribed-8-million-placing-and-supplementary-206-000-subscription-funding-via-minexia-limited/
In addition those Canadians that can sell in Canada will do so and buy for as near to the 7p price as they can. Most of the subscribers are probably short term speculators / share flippers rather than investors.

Most of my buys here get marked with LRGS and are usually delayed by an hour or two. Just as an example a buy of 100k shares should 'appear' with a timestamp of 14:22 (only with the correct timestamp if you look on official london stock exchange site though, this site does not get the timestamps right).

I don't think there was any - but our Canadian friends seem a bit down : https://ceo.ca/cusn?filters[top]=1

Interview : https://www.proactiveinvestors.co.uk/companies/news/942029/cornwall-resources-commence-redmoor-west-exploration-program-942029.html

Brad it is very normal that the founders will cash out to maybe a few percent - eventually - given their ages; what would you do in their place? All this will be planned as part of the succession process with his advisers and other major institutions and shareholders / BOD. It will only have a short term effect on the share price - it is just a good chance to top up.

Compare the 3 month chart for spot gold with the 3 month GGP chart: see the pattern? GGP ought to be related to the future gold price maybe but we are stuck with the market we have.

Cornish Lithium is a private company - financed by crowdfunding and a few private investors. Last year they said they were planning an IPO on AIM "sometime in the next 2 years".

Checkout the RNS from 16th:

"
February 16, 2021

Cornish Metals Inc. (TSX-V/AIM: CUSN) ("Cornish Metals" or the "Company"), a mineral exploration and development company focused on its projects in Cornwall, United Kingdom, is pleased to announce the following:

· Admission of its Common Shares ("Common Shares") to trading on the AIM Market of the London Stock Exchange ("AIM") ("Admission");

· Dealings will commence at 08:00am GMT today, Tuesday, 16 February 2021, under the ticker "CUSN" (ISIN: CA21948L1040). The Company's Common Shares will continue to be listed and traded on the TSX Venture Exchange ("TSX-V") in Canada;

· Closing of the oversubscribed £8.0 million placing of Common Shares with institutional and other professional investors (the "Placing") through SP Angel Corporate Finance LLP ("SP Angel") and H&P (Advisory) Ltd ("Hannam & Partners");

· Closing of an additional investment of approximately £206,000 raised through an offer to high net worth investors by Minexia Limited's wholly owned platform 'NR Private Market' ("Minexia" and such investment, the "Subscription");

· A total of 117,226,572 Common Shares were issued pursuant to the Placing and the Subscription (together the "Fundraising") at a price of 7 pence per share (the "Placing Price") raising gross proceeds of circa. £8.2 million (approximately C$14.44 million based on the February 15, 2021 exchange rate) for the Company;

· Upon Admission, the Company will have 267,145,157 shares issued and outstanding;
"

Plenty have been churning through in the last few days; probably a few selling up on TSX and buying here since they are cheaper!
Good luck

Welcome aboard Rick. I'm singing "Never Gonna Give You Up" with this one! Good luck.

She likely has some connection with Mark Greenwood. Interestingly enough Doris both Pure Ice and Doris now have exactly the same holding of 261,478,810 shares (15.06 %); I wonder if Mark Greenwood will increase his 13 % holding to match?

It's probably djryan again ...but let's hope not!

Maybe the vote in Ecuador to ban big mines has something to do with the SOLG drop - see https://www.mining.com/web/proposal-to-ban-big-mines-put-to-vote-in-southern-ecuador/

Short term moves in my view in GGP so I'm staying here.