The next focusIR Investor Webinar takes places on 14th May with guest speakers from Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register here.
If HE1 had any sense (debatable) they would release any news after the 6th April. Punters will can then lap up all the shares in their ISAs and not their usual fund/share account (avoiding CPT).
It's fair to think that they will most likely see a far better response to news, compared to any time before that date.
Next RNS maybe?
Could be along the lines of "We welcome new hires to the HE1 family, they will be doing such a great job with the construction. We are also pleased to announce another placing as we need to cash to build the site. Cheers love and kisses Lorna x"
I feel the smart money will start to pour in at the end of May.
Get in before Q3 for the EWT results, which will just confirm what we already know and more.
The SP will just rise, probably like the old days with David M, on speculation of what could be announced (bloody good news) on the run up to that date.
I suspect that if you're getting in around July, you'll be paying a lot more than now.
Unless new news is released between now and then, i think that this will slowly drift down.
That 1p base has already been tested a couple of times this week now.
Hopefully it will rise over the next few days? Two large buys towards the end of the day.
Dolgellau Gold Exploration Update
New Targets Identified Through Airborne Magnetic Surveys
Alba Mineral Resources Plc (AIM: ALBA) is pleased to announce three gold targets which have been identified from the review and interpretation of the first part of the magnetic data generated during Alba's recent airborne magnetic survey of certain high-priority gold targets across the Dolgellau Gold Belt ("DGB"). Two of the targets are located within the envelope of the Company's 100% owned Clogau-St David's Gold Mine in north Wales ("Clogau" or the "Mine") and represent the potential definition of new drill targets within the Mine. The third target has been identified on a fault that extends 4 km northeasterly in the DGB and thus falls within the Company's 100% owned Dolgellau Gold Exploration Project.
Key Points
· Alba commissioned airborne magnetic surveys over the Clogau, Castell Carndochan and Hafod Owen prospects, located in the DGB. These were flown between November 2023 and January 2024.
· As the target gold quartz veins are not magnetic, proxy structures (as in proxies for gold) are looked for in the magnetic data. In the case of Clogau and the DGB, discontinuities in the magnetic sill basement can be used as proxy markers for the possible presence of mineralised quartz veins and therefore worthy of further ground investigations.
· The two in-mine targets may merit follow-up underground drilling to define potential new economic zones of mineralisation. The third target will be subjected to basic ground exploration involving geochemical sampling and mapping and ground-truthing for the presence of any outcropping quartz vein.
· These new targets identified to date only relate to one part of the completed airborne magnetic survey. The interpretation of the survey data over the Carndochan and Hafod Owen prospects is awaited and will be reported on in due course.
Mark Austin, Alba's COO and Senior Geologist, commented:
"The airborne magnetic survey that we recently carried out over some of our key targets over the DGB is the first survey of its kind since the regional survey that was undertaken by the British Geological Survey in the early 1970s. Given advances in technology, this latest survey has revealed a lot more detail than was generated by that earlier survey. Thus, we now have data guiding us to the identification of specific exploration targets.
"The three targets that we have identified over the Clogau-St Davids survey area make a lot of sense in the context of the overall geological model we have developed over the years. From the drilling we carried out in 2021, we were able to identify vein structures parallel to the main Clogau vein, and this has now been corroborated by the aeromagnetic survey data. The advantage of two of the targets being in-mine is that we should be able to access them by the drilling of some short holes from the existing underground development, a much quicker and most
Investing.com shows a 2% rise in SP this morning. Yet nothing on LSE, anyone else having the same issue?
I don't believe we've hit bottom yet. Day traders will want to pile out before close of play today, nice little climb from where it was an hour ago though.
Bugger.
Would it be possible to copy and paste the text into here please?
I don't think we'll have a RNS this week or any sort of news. It's a short week, people have already buggered off. May see something next Tuesday?
Thanks Wimbledon. Just trying to figure out why the SP has gone down, whilst I can see so many buys.
3.3m shares traded before close, is that a buy or sell?
Hmmm fair comment, thanks for that. Hope no one gives you stick for your view. This place has become quite toxic recently.
Why do you say that CrustyPete, what's your opinion as to what could be happening?
PubCrawl not PB.
Thanks for the PDF PB.
Slow and steady
Well it's not climbing, but equally and more importantly it's not dropping.
I see what you did there Sammy, credit given where due.
FF in Cannonball run, yes please.
Well that's a nice start to the day