Member Info for daramuda

I know that I did!! You are correct. The board wishes to keep dilution to a minimum. It is looking to debt financing to get the oxides into production. Next steps imo will be various studies leading to a BFS (many of those in the business say that PFSs DFSs and BFSs are a misnomer but no more than a series of studies.

I understand that various parties were waiting for yesterday's announcement before serious discussions about financing.

The company has a great asset in Empire Mine, greatly enhanced by last year's drilling, with a first rate local man in Ryan McDermott and a vary mine friendly jurisdiction in which to have the asset.

It is a company into which imo to dribble money into an investment.

I cannot open Stretchum's link but if you do not know there is a live webinar with the company at 13.00 today. the details of which were announced as a NON RNS yesterday.

The company imo is undervalued by the market.

Agreed.

Just the sense which I felt rightly or wrongly, from those picking up stock from those selling against those placing buy orders. That was all.

Noit just behind the scenes buyers but also up front buyers.

??

For those who want to study and learn, consider most carefully the RNS dealing with the EIA and also go to the company's website then click projects, then to Dundas ilmenite, then to the English version of the SIA.

There should be more to come.

Mr Reynard - I used to be involved professionally and with business in the music industry. The band to which you refer, "Happy Mondays" was a 90's band which hailed from Salford and had modest success; not for me.

The company has indicated in two RNSs that we should have a compliant resource report for Iterlak and a PFS for the development of Dundas by end April (in fact date wise one strictly by 1st May and one was a commitment by SRK.).

Time well tell if there is an announcement on Monday - not long to wait - but if there is, may I suggest that you refer to a 60s band called The Mamas and the Papas.

They had various hits but the one which was a Number One on Billboard and reached number 3 in our hit parade (that is what it was known in those days if you are not an old-timer like me) was called Monday Monday.

You might want to look at the first two lines of the lyrics of Monday Monday - it's a catchy and happy record. Their other tracks are also worth consideration.

then you seem to know how to pick them!!

The new manager at Capital, which held 41 million shares in Bluejay, has been selling all stocks with a capital below $1 billion.

The sale of the Bluejay shares owned by Capital was concluded last week. The interesting part is that buyers have bought that stock and the share price is rising.

Thank you ericeric for Friday's post.

They ain't now richieboy. One would have had to have sold out post haste before those managing the stock sold.

Has Align still got its stock which it acquired some time ago?

What's your next trick?

Another great recommendation by Align.

Exactly V2020. I am still confident that we will have an off take agreement or partner. It is too good an opportunity for another company in the titanium field.

Up on financial instruments; slightly down with shares owned - overall up.

Bluejay are presenting on "Greenland Day" which is Monday 4th March at the PDAC.

The presentation is at 11.50 local time and the presenters are Bo M Steensgaad and Eric Sondergaad both geologists and both attached to Bluejay.

HHR Crown Prince Frederik of Denmark will be in attendance that day.

As we know, there has been an unwelcome hitch but no one, as far as I can see or I have read outside the management of Bluejay and Rio Tinto, has a clue what was in the draft announcement which was erroneously placed on the web, albeit for a short time but enough for the scraper to pick up a reference to it.

Thus it would be prudent to wait and see whether a) an announcement is made to the market and b) on the premise that it is made, what it contains.

The detail will be important and then investors can determine the relationship (if any)..

Large volume late on. I sincerely hope that we will have some news soon. We have some tremendous assets and a good geologist as the chief.

Where is the ramper?

The 4th March is Greenland Day at the PDAC Convention in Toronto.

Our senior geologists Bo Stensgaad and Eric Sondergaad speak just before the lunch break about Dundas Titanium, our Disko Nickel project and our Kangerluarsuk Zinc project.

I believe that the company has a future. Read today's RNS and there is a statement by the ceo that there will be add-ons of land at Empire Mine. My guess is that following the find last year (see previous information) the company wants to in fill areas not already tenanted.

The company awaits assay results from last season's drilling - again my guess is that that relates to drilling towards the end of the season (Sept/early Oct). Once those assay results are received, I suspect we will get a resource update for Empire Mine.

Then there are the cobalt tenements. Might there be a resource update in respect of them in the near future?

There is some way to go; a bankable feasibility study to finance the mine. One of the interesting things is that if you study recent events and plans on the company's website you will see that what I call the seam now stretches 3.5 km long and is much wider in parts than before last season's drilling. Also various additional minerals have been identified with sulphides also identified which were not previously expected to be sourced until the company drilled below the open pit (oxides).

Empire Mine imo is a tremendous asset but as I have said the project will take time - taking the overall assets, it is my view that the stock is undervalued.

As to management the ceo is a very experienced geologist who has Ryan McDermott (born and bred in Idaho) by his side and a miner, with an excellent reputation, in Roger Turner. Ryan knows what he is doing and knows the territory. He looks after Ex-Gen which has 20% of the project.

I may not have explained the intricacies very well but I hope what I have said is of help. I am invested.

In short you are not barking mad!!