17bn tonnes of pure ilmenite10 Jul 2018 13:32
Alba is off to TBS in it's quest to determine how much of this 17bn tonnes of ilmenite is located on it's TBS licences:
BlueJay, black swan?
What should investors make of a company like BlueJay Mining, then? The Greenland-focused outfit, formerly known as FinnAust, is also going great guns this year after announcing that its Pituffik mine will not only be up and running within a year, but probably sits on the highest-grade ilmenite deposit on earth. On its own, Pituffik's near-term production may not have a large impact on global supplies, but the discovery puts a big question mark over the industry's future. That's because a geological survey published by the Danish and Greenland governments in the last fortnight has suggested the region in which Pituffik is located could be home to 17bn tonnes of pure ilmenite. If those figures are true, Greenland could soon find itself at the top of world titanium feedstock reserves, and the strategic priority of miners.
Taken from: https://www.investorschronicle.co.uk/2017/06/01/shares/sectors/a-market-rally-built-on-sand-2PGVRxqya6rwpKeCeU6hOK/article.html
They already know it's there :-)
HH is the stepping stone to bigger things.. imo
dyor & gla