Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Dear Rustybucket,
I am totally in agreement with your last message. We have been in this for years and recognise the future share price is up for now. This is still deep in recovery mode. The only thing stopping it is the people fighting over control. I choose to ignore the noise and hold.
If anything I am adding. The production levels are set to jump to 1,000,000.00 ounces within the next 1-2 years. The new floatation will be online in Q4. POX is going well and gold is still high and looking to go much higher.
I can’t see a downside to be honest. Also like ALBA, higher risk but lots of Potential of the Welsh gold is found. Next GGP who knows.
Now the fight is over I would like to see some level of buyback before the shares jump higher. Again an opportunity missed thanks to UGC. Thanks guys, slow handclap. In a parallel universe UGC lost the vote and the share price is 70p.
Will we ever see an H1 update? Do we need another auditor?
It has to be said UGC has really taken a positive stock and investment and spoilt it for not only for us but themselves too in the short term. Surely they could have thought of another plan of working with the previous management.
Slow handclap for them.
I do question what is being done behind the doors By the previous management to regain control next year. It’s almost like watching Rocky we have seen The first fight and then Rocky 2 and 3. All we need next is Rocky 4 next year which was the best of the original 5 films.
I was thinking will that Roman fellow rear his head again. Think he held the position for only a few weeks before he was kicked out.
Great updates on board recruitment anyway. Which will result in a load of unelected board members being employed.
Gold
Good is not tanking. A $20 movement is not tanking and also recovered quickly back to 1,932.
US stocks selling off Tesla tanking Slack tanking. Not gold.
If anything this next market correction will act as a catalyst to gold, the US election will act as a catalyst to gold, second wave of coronavirus will act as a catalyst to gold, world debt and how this will be repaid and when will continue to act as a catalyst to gold.
Check out the long forecast:
https://longforecast.com/gold-price-today-forecast-2017-2018-2019-2020-2021-ounce-gram
Looks like this could actually make it this time. George Frangeskides needs to prove a project this could be it.
Just remembering this is a percentage game. Can’t wait for this to be valued higher per share than UKOG despite holding UKOG as well.
Oil flat for years to come and gold set to increase over the next few years makes this a simple choice between the projects.
Yanis2005 have you added recently?
Dear Yanis,
My average is around .39p now where are you at now? Saw the rally start and watch for a bit, this was put in the draw. I am hoping this will now come good hence a small top up.
I have been running and adding POG. It’s been my best investment to date.
If I draft a letter who is willing to send a copy to Alba requesting George explains his companies and position.
The letter will include a list of core questions. We can all post a copy to Alba and we can also send a copy to the press so they know we are asking too.
Eyes opened for all. Now say is unjustified for me to be aggrieved as a shareholder. To those who called me de ramped this week in the same week I added 1,291,000 shares at 0.155p. Why did I forget this when I invested again.
In 2019 our fantastic leader George Frangeskides opened a few companies. These being:
Berwick Capital (Germany) Limited - Appointed 5 December 2019
Bright Star Resources Limited - Appointed 30 August 2019
Stallion Resources Limited - Appointed 9 August 2019
White Deer Resources Limited - Appointed 1 April 2019
GMOW (Holdings) Limited - Appointed 10 January 2019
GMOW (Operations) Limited - Appointed 10 January 2019
He is listed on a total of 18 active companies and 3 dissolved companies.
So the question is why register so many companies in 2019, if Alba is main focus. Also why so many resources companies? So he is busy just need to split his working week 18 times to explain the lack of progress. Now we need to ask is it right he is drawing a full wage if he is effectively working for 18 companies. There are laws against this practice. Plus as share holders we can challenge this.
Can anyone find the Alba RNS’s where it states our CEO has opened 6 companies recently? No that was kept secret wasn’t it. #GFmustgo #GFMustbereplaced
Just follow the companies house link below to see for yourself.
https://beta.companieshouse.gov.uk/company/11136398