focusIR May 2024 Investor Webinar: Blue Whale, Kavango, Taseko Mines & CQS Natural Resources. Catch up with the webinar here.
Should we join for a BBQ?
we all know we here to talk bs, this company does not comply to transparency and integrity standarts.
Next RNS hypothesis:
A- "Potential discovery of new mineral elements in Dundas, nor even yet present in Periodic table"
B-"JAY invited by Apple to contribute for the development of new energy source based on eggnog from Disko chicken farms"
Sounds solid projects to me.
Enu, i dont see TV.
I dont get your point, usually i feel like you with 2 slices of Amsterdam space cake.
Circus continues...
Hello Ashton, how are you?Let's analyze what has happened to see if we understand each other.
Disko has already been studied. There are already geological surveys carried out by the Danes. Ashton, you can look in my previous posts for everything Disko and Dundas might have,
The use of drones and helicopters for electromagnetic mapping has already been carried out by Danish authorities and academics in Scotland and Canada. See the links I sent.
As I have no patience for delusionistic syndromes, I have already stated several times that I believe that Greenland could be a good mining camp but that there are many charlatans and sellers of snake baths.
It's not worth rambling and always having hypotheses, theories and digressions. The truth is this: JAY is a company of crooks, bad managers, with dubious backgrounds and an uncertain future. Repeated changes of directors, staff being fired, staff resigning voluntarily are not normal. I am no longer talking about the harmful management of shareholders' positions, carried out without prior warning. The directors decide what to do behind the scenes and do not listen to the shareholders.
We can continue to play but in reality for many people money is hard to earn and at this moment JAY is synonymous with circus. It is very lucky for certain people to be far from the shareholders because they would probably receive a more Latin treatment given the constant mischief and schemes they invent to hunt for other people's money.
Without being too stupid, what actually happens to the shareholders is:
- some, as Cervantes wrote, continue to see castles and windmills.
- others are tempted to buy a plane ticket and a stick and pay a visit to Jay's headquarters
- others simply accepted their bad decision due to flaws in JAY's analysis and at this moment, with losses above 90%, they accept this loss and watch a spectacle of negligence, idiocy and trickery.
- others still remotely believe in something, just something, positive that will make them recover a little money.
Until then we are just talking about things to entertain while some people are making fun of other people's money. It's not the first nor will it be the last time they do it.
Personally, I do not support the lack of courtesy and good manners. Likewise, I do not support the lack of evidence.
However, Troajan the facts are absolutely inescapable:
- multiple episodes of damaging management of the company's assets
-lack of planning and timely communication
- multiple episodes of shareholder dilution, without prior warning, with an impact on shareholder wealth
- instability in the governing bodies, without shareholders being consulted and changes being put forward to votes
- professional past of members of the management body very questionable
- lack of valid information about the assets under JAY's management, both at a geological level and at a prospecting level
- progressive reduction of Jay's technical staff, currently restricted
- multiple episodes in Jay's past that corroborate the thesis of an ongoing fraudulent scheme (let's hope this is not the case at the moment): change of name of the company, headquarters, management bodies.
In the midst of this panorama, it is not worth being white. You have to be assertive and transparent, even if the reality is difficult. Just search the gov.uk databases and we'll see what happened before at Bluejay. If this time is different...that's great. At the moment my portfolio has shrunk by 75%. And for this I only partly blame the presence of Kobold, a factor of credibility in the process. Roy, Eric...past too dark to justify any investment.
"In a moment of darkness, buy a candle and a six pack. Hold on to what you can hold on to."
To all of you.
Check Bluejay in gov.uk
Face reality.
Bluejay is a scam, pure and simple.
Each time things goes bust, company changes name.
Before i would give some credit to the BOD but last remodelation just showed nobody wanted to play the muppet role. So the real crookteam had to come to manage things.
Most likely they will create a new business model, a new protoplatinum nanote h business or a new revolutionary propellant and with their huge share base, complete a rwverse split and then you get SP at 10p. Or they will create news about a new Norilsk now located in Faroe Islands.
Then you will have more idiots putiing their savings in scam business models and gettig guys selling shares at 10p, diluying them until 0.2 with placings, reverse spliting and so on, so on.
There is no more argument to play with. RM is a master in this stuff, to be honest. We were cheated. Period.
But i can garantee...I will be RM and ES shadow and i won't allow them to screw more people.
The show is over. We are here just for the group therapy.
Torreaguas, a nice latin name. i am also am a latin in my veins ( sorry guys, no..I am not from UK...I'm from the famous PIGS economical area)...so we usually are very conscious when we are being cheated abd making fool of you. Just notice this words:
-massive sulphite ( what the hell is this? Iceland is all magmatic ricks...)
- "deliver critical work programmes."..meaning what?
- "bolstering financial sustainability, achieving operational excellence"...well ChatGTP can make a nice marketing paragraph voided of honesty and sense...but it soubds good to be honest.
- " success of our recent funding round, along with the rapid implementation of our cost reduction measures, positions us well for sustained success."...mist of us will puke or just sigh after reading this...
- of course the best fir last "our primary aim is to deliver on our critical work programmes, creating substantial and enduring value for our shareholders" this is the cherry on the top of the cake.
We will know by the end of April about all this critical, well planned, bulletproof, waterproof, scientifific based strategies. Our problem is if in 2024, 2025...or after Voyager 2 reaches Andromeda.
Until then let's keep humor high and "keep wishing in the darkness"...well i prefer a pint with tapas.abd bocadillos
After collecting multiple information sources (please do your own DD, i dont need to disclose mine, see RM and BS past and recent modus operandi of Bluejay BOD):
- we need to stop acting like brainless chickens,Jay is a scam.
- some here try to find coherent data. There is no data, no science, no geological surveys. If you have them just let everyone know it. Its only verbal horse stool.
- the changes in BOD are a mere scheme to gain time and drclare company as dead zombie.Decisions were approved without orevious shareholder approval or warnng. Sameday placing information and dilution?
Pure acts of vandalism, back stabbing shareholders. This a typical mafiosi act. Worst than a Ponzi scheme.
- screw lollopops, icecreams and wishes. no place for that in business and stckmarket. From AIM which is wha t it is to pink penny stock??? Is everyone dumb?? this clearly a progression to misery. 15-10-6-3-2-1-0.4-0.2...this is not even a penny stock...this is a pity stock.
- the end is near. behind the several user is a person. some are being hurt in their wealth, i am sad for them. i bet in the wrong horse...but we need to stop being delusional. some users will keep pumping hope and empty news. news without any logistics or scientific support. we are not idiots. too many months of zero communication and reports with decent quality.
-all good staff left. who is now the staff? guys with a reputable padt? with experience in taking up companies and driving them to sucess? guys with immaculate financial padt? give me a break!
- the licences are about to expire soon,the only thing i see is what someone said...a buyot or etc. a cover up for a fraud. well done...who biught at 15-10-5-3...byebye my precious cash.
This is not a dark momentt. is a moment of clarity. the ones victims of fraud, like me, let it be a lesson. thanks God i only have minimal 5 digit loss but...its a loss.
The story is over. Period.
20p?...reverse split...of course he wasn"t lying...this year...? OMG.
Well...outside box? the possible routes are:
1- K starts drilling and they found something like Norilsk, once in 100 years, i will be happy to recover my cash and you will be rich
2- Jay continues to dilute shareholder portfolio by placing to pay administrative expenses and projects (?).
3- Jay is not able to handle and develop the process (geological team left, right?; funds not enough to hire staff, lack of logistics team and structure) and:
3a- finds another company big/medium size to develop in partnership Disko and whatever.
3b- handover the license and retains royalties over future profits
4- Jay sells all assets, distribute gain to share holders and closes doors.
5- Jay assets are just useless boulders and sand and goes bankrupt, closes doors
6- Jay assets are just useless but Jay continues to buy licenses in order to lire investors that inject capital, replicating the process.
7- Jay changes name to any other creative name (Sniff Mining LLC, Whiteline Mining Company LLC...) and replicate the whole story.
Did i missed anything? inside and outside the box?
I dont see any other twist. All I see is time passing by. With a timeline, it's ok. Hou guys spent 7-8 digits...hold on. I spent 5 and hold on time as soon information start to become erratic, process depending on a third party and geo surveys divergent from each other. All this without a timeline and with BOD actions completely abnoxious for shareholder interest. By the way...if i holf to share accounts and i sell my 7 millions shares at a ridiculous price to my another share account...what happens to shqte price? Goes down, right?...Ok...image your narrative plots and get the points together.
At the moment lollipops and icecream are the only sweet things around. Cheers.
Ashtin, wishes are good for lollipops and icecreams. Summertime will be ok up to September. We are in April. To maximise work window, drillig should start in May-June. Rigs are not in place, staff is not in place, logistics and licenses are at point zero. Kobold is in silent mode, Jay in autistic mode. Impossible to have a decent and even reliable prospection in Disko. Forget 2024. In September 2024 we will replay talks from 2023. A responsable BOD would explain the hurdles of the plan. In this case the hurdles are clear: how to get out from this without loss?
Here we have a scamming strategy.
Sell shares or exercise prices at peanut level. Drop company price, dilute. Repeat. Over and over. Shares at 5-7p?....well for the same amout we can buy 50x more now. For what?...Dundas rocks and Disko fog. Oh...now we are a pink penny stick? Pink is fashion and by the way...they dont have to report anything...say byebye to your 5-6-7 digit investment. Stop this denial status on a zombie company. I will buy a 6 pack of Stella and enjoy the sunset. Realistically, we need stop denial in a company that only delivers frustration and obscure information. Hey...if there is anything magic in the end...well ok. But chances are at Schrödinger level...
I said several times that no big player coming in was a red flag. And RIO leaving Finland was a sign. Jay has many licenses in Greenland.
New board needs to be honest and clear about the other places besides Diskos. No time fo cheap talk and illusionist crap wording. Plain, simple and concise. If it is bad, take a pint, brace yourself and move on.
About DISKO go directly to the core of the thing and just say if it looks good or not. Be honest.
PS: again, I wont sell, just for the hard lesson to remember.
Nothing has changed. Just the clown board.
Greenland rocks are there.
Since 1999, geological surveys without AI were made. Quite elucidative.
As I said, Kobold knows that something is in there, there is something in there, they commit 15 million dollars in there.
But to play it like Norilsk is a luring strategy from Bo and should accountable for that.
I will keep my position anyway.
Somehow...there is a magmatic formation in Diskos.
Disclosure: i am not a geologist but i like rocks.
I like to dig , in particular Google, since all is around these days.
As an example, Mr. Bo has in his Linkedin profile:
1- CEO Bluejay Mining, Executive Director & Boardmember at Bluejay Mining Plc
2-Research areas include investigation of different mineral deposit, crustal architecture and assessments of mineral resource potential, modelling of potential field data and spatial multivariable analysis of multiple geoscientific datasets for mineral potential mapping. Wide knowledge on techniques for data analysis, exploration methods and mapping techniques.
3-Disko Exploration Limited is a subsidiary of Bluejay Mining plc. The 2,586 km² exploration license ‘Disko-Nuussuaq (‘Disko’) Magmatic Massive Sulphide (‘MMS’) nickel-copper-platinum-cobalt project’ is located on large island Disko and the peninsula Nuussuaq in central West Greenland. Having shown its potential to host mineralisation similar to the world’s largest nickel/copper sulphide mining camp at Norilsk-Talnakh (‘Norilsk’) in Siberia, Bluejay mining is excited to prove up Disko’s resource potential and are developing the project through its subsidiary Disko Exploration Ltd.
4-Dundas Titanium A/S is a subsidiary of Bluejay Mining plc. Dundas Ilmenite project is an advanced stage exploration and development project, which has been proven to be the highest-grade mineral sand ilmenite project globally, with current total resources of 96 million tonnes at 6.9% ilmenite at the abandon settlement in North-West Greenland, Moriusaq. The exploration license area includes a significant newly identified area of mineralisation onshore at Iterlak Delta and east of Iterlak. Beside this is there a potential for offshore submarine resources and resources in the sediment sedimentary delta fan of the Iterlak river. With a fast-paced development programme underway, Bluejay Mining plc is, through its subsidiary Dundas Titanium A/S, focused on advancing Dundas into production in the near term.
5- GEUS Research Scientist, Ph.D., M.Sc. 2004-2016 (14! years)
6- EIT RawMaterials, EU, Senior advisor: EIT RawMaterials has been mandated by the European Commission to lead and manage the European Raw Materials Alliance (ERMA).
So we are talking about someone that should be aware were to dig, when to dig and what will come through, right.
By the ways, GEUS.dk website is very nice. The page is even sweet to check for: https://www.geus.dk/produkter-ydelser-og-faciliteter/data-og-kort/undergrundsdata-fra-danmark-og-groenland/undergrundsdata-fra-groenland.
Now if you dare enough, if it is cold outside and you want to be aware of the Disko possible geological history and profile, https://eng.geus.dk/media/14288/nr181_p001-179.pdf. May entertain you for a while. I liked it.
This article is quite nice as well. https://www.researchgate.net/publication/281930319_Native_iron_Greenland's_natural_blast_furnaces.
Disko geomap
Ashton,
I went throught the several geological surveys from the JV. More, i went throught the surveys from the Greenland mining regulation authority that you can check online as well.
I also checked the myriad of companies that dig in Greenland looking for the the "golden spot"...it's a huge land...somewhere there is a mining point, probably many. The geological profile is not very different from the canadian one which has been delivering good mining points. Greenland suffers from climate specificities that create restrictions on continuous prospection. But for profitable points, there is always a way around. Much easier to drill thgere than in Central Africa under continuous rain, most probably.
This is a technical 2 cents analysis.
From the business side, mining is a long process. Many times snake oil sellers happen. Like in anything. Speculation is the base of future funding...Norilsk perspective was an "Eldorado" moment. AI is not going to create a miracle but can speed up geological surveys and cut time in delivering information. Many small details were bad in the management, abusive. This crested a negative aura over management and actually jeopardized the integrity of the board. If things go fine, hopefully...people will consider that as an accident. If they go south...we will see those dilution and comunication issues as red flags that we denied or at least downplayed.
Finally, stock market is 50 % fundamental analysis and 50% psychology. If you want to play fundamentals you go for dividend based companies...and even so...being careful. Growth and start-up companies are just sometimes one-trick pony runners that sometimes become serius companies. JAY is playing Greenland, a huge mass of secrets that will deliver for sure some secrets and huge returns.
But...
Even Isaac Newton was naive and his brilliant mind didn't avoid to send him with huge losses in the South Seas company. As he said..."I can calculate the movement of the stars, but not the madness of men".
Said so...never downplayed a gold nugget in the River Thames.