Member Info for calmtrader

dont forget they are looking for new blood and with the strong hint at Acquisitions (reverse or otherwise) this share could and s/be a very different animal in the coming months....

question for you Brent Do you expect Parys to be in Production within the next 2-3 years?

great place to be for Iron Ore producers ..Canada & Sweden
"MANILA, Nov 19 (Reuters) - Benchmark Dalian and Singapore iron ore futures jumped to fresh contract highs on Thursday, driven by concerns about supply of the steelmaking raw material from Australia and optimism around demand as steel prices picked up in China.

January iron ore, the benchmark contract on the Dalian Commodity Exchange DCIOcv1 , rose as much as 3.6% to 886 yuan ($134.77) a tonne, extending gains into a fourth straight session. It was up 2.5% when trading ended.

Iron ore's most-active December contract on the Singapore Exchange SZZFZ0 climbed 0.9% to $124.06 a tonne by 0703 GMT, also rising for a fourth day.

Resilient iron ore demand from China, the world's top steel producer, and "signs that the rise in exports from Australia was easing" buoyed market sentiment, said Daniel Hynes, senior commodity strategist at ANZ."

That was the trade from yesterday that I mentioned in a previous post

Re commodity price now vs future price...Isn’t that the same with any exploration company.. Financiers will look at cost to get the stuff out the ground/ life span of mine/ long term outlook for commodity..all the above look very promising for Parys

As for Sweden this has very high grade ore with great geographical links and a JV is a very strong likelihood IMHO

Look forward not back...this is the current situation which is likely to be 5* previous estimates and with rising commodity price Parys is a different animal

“These studies highlighted up to 10 million tonnes of potentially mineable material available at Parys Mountain which is significantly larger than the 2.1 million tonnes of indicated resource that was utilised in Micon’s positive 2017 Scoping Study and also identified that it should be possible to utilise a lower cut-off grade for mine planning purposes than used in the Micon 2017 study.“

I love this comment ..we should have two decent producing iron ore asset and Parys and then a very very sexy acquisition( maybe reverse) to add the icing on the cake..this adds , imho , to 25p a share !!

right i'm off out to buy a Christmas cake mix...look after my shares please while i'm out

make sure you have your limit sell in with your Broker @ 5P then. also could you list who you are referring to with this statement " look they're mainly paid rampers still trying to shift the overhang of options - and once thats done they will disappear off to the next job"

Ok you stick to his thoughts and predictions..I’m very happy with mind

i think the house broker who organised the last placing which also had 12.5 m warrants @1.8.. 2.5m of which have already been exercised.....so i think they are exercising and selling more which of course means more money to AYM

LIM are debt free and I expect Production to start in the Spring

Agree 100% massive resource uplift together with likely super cycle in Copper should see this reflect true value very soon

And me but it’s very small volumes..I guess trick is just stay on the bid and hopefully build up a position

I agree a bit too conservative...Labrador could be producing by Spring ...Parys PEA showing massive upgrade and NAV and Sweden delivering the golden Goose ...oh and forgot a large private asset reversing into AYM

Just MM’s playing games ..you could still sell loads @1.95

thxs Bloom and from the Labrador website Corporate Presentation " capital investment to put Houston into production relatively modest" and of course LIM are debt free!!
http://www.labradorironmines.ca/pdf/LIM%20-%20Investor%20Presentation%20%28Final%29.pdf

Maybe there reverse into AYM

https://www.dagensps.se/bors-finans/sa-skapas-ett-lonsamt-svenskt-gruvbolag/

Very interesting

Parys will be a producing mine within 2 years IMHO