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Copied from earlier post.
- Alba bought the processing plant to process the bulk samples, which it did.
- The waste tip got assayed to see if it was a viable mining option before a planning application can be created, it appears to still be in the process of being created for submission.
- Alba were incredibly busy with underground and overground drilling to prove the resource, mapping out the target areas and putting together the planning application to NRW.
- Alba were also busy organising the greenland spin off, which we can all agree seems to have been pretty successful so far.
- Once the species license has been secured it will be much easier to get future permits for things such as waste pits and other targets along the belt.
- Agreed the dewatering permit has been frustrating and has gone on for far too long. However we have been residing over an extremely unprecedented time in which administrative processes take a lot longer than pre pandemic, take any organisation, banks, utilities, government agencies as an example. Things are just taking longer than normal however frustrating that is.
- I originally thought Alba should be looking into other targets and still be busy drilling the other targets on the lease but that could be a major waste of resources and would have brought about further placings and cash burn. Not the best idea in a market downturn imo.
- In the whole scheme of things a few more months to wait for the DW decision is not that long. I for one have been waiting for almost 2 years by the time it is due to arrive. But we have broken the back of it now.
- If within the next 4-6 months we are pumping water out of the shaft I would expect much excitement and sentiment as to what could be lurking under there for us. The processing plant will come back in to play and works can begin again at the mine.
- In the mean time we have news due on Amitsoq and Black Sands to come, which could be huge for us, and it's only a matter of time until the market wakes up to the magnitude of the resources there.
- Alba havnt done that badly with regard to SP considering the general market capitulation.
- We seem to be holding around the 0.1p mark pretty well for a while now. Its a shame that the SP is so low as even a 100% rise would only take it to 0.2p which is below a lot of peoples averages. However its not just about what happens on the week of the DW decision, its about what happens in the weeks and months after that when work begins again. Then if we strike gold then we are all in the money and our patience will be rewarded.
Just my 50 pence on the recent comments. GLA
Cheers Robbie. I have just been reading for a while as had a new phone and have been logged out of my account. But the constant tirade of misinformation was annoying me so had to make a comment.
- Alba bought the processing plant to process the bulk samples, which it did.
- The waste tip got assayed to see if it was a viable mining option before a planning application can be created, it appears to still be in the process of being created for submission.
- Alba were incredibly busy with underground and overground drilling to prove the resource, mapping out the target areas and putting together the planning application to NRW.
- Alba were also busy organising the greenland spin off, which we can all agree seems to have been pretty successful so far.
- Once the species license has been secured it will be much easier to get future permits for things such as waste pits and other targets along the belt.
- Agreed the dewatering permit has been frustrating and has gone on for far too long. However we have been residing over an extremely unprecedented time in which administrative processes take a lot longer than pre pandemic, take any organisation, banks, utilities, government agencies as an example. Things are just taking longer than normal however frustrating that is.
- I originally thought Alba should be looking into other targets and still be busy drilling the other targets on the lease but that could be a major waste of resources and would have brought about further placings and cash burn. Not the best idea in a market downturn imo.
- In the whole scheme of things a few more months to wait for the DW decision is not that long. I for one have been waiting for almost 2 years by the time it is due to arrive. But we have broken the back of it now.
- If within the next 4-6 months we are pumping water out of the shaft I would expect much excitement and sentiment as to what could be lurking under there for us. The processing plant will come back in to play and works can begin again at the mine.
- In the mean time we have news due on Amitsoq and Black Sands to come, which could be huge for us, and it's only a matter of time until the market wakes up to the magnitude of the resources there.
- Alba havnt done that badly with regard to SP considering the general market capitulation.
- We seem to be holding around the 0.1p mark pretty well for a while now. Its a shame that the SP is so low as even a 100% rise would only take it to 0.2p which is below a lot of peoples averages. However its not just about what happens on the week of the DW decision, its about what happens in the weeks and months after that when work begins again. Then if we strike gold then we are all in the money and our patience will be rewarded.
Just my 50 pence on the recent comments. GLA
Alba are an exploration company. They explore and prove up resources so that they can apply for permits and then get a JV going with a mining company. Hence their job is to explore and apply for permits. Hence why the are constantly gathering data and applying for permits. Its quite simple
They needed to test the ground to see if it had an economical amount of gold in, send it for assay, and then apply for the permits. Its all happening in the order its supposed to
He/they will get their cumuppance. You can't slander an organisation for years on end and nothing come of it. George is a lawyer. He's not going to put up with it. Its obvious why they are doing it. Its not to reduce the share price so they can buy in cheaper. Its because cloagu jewelery company want the exploration licence for themselves. They need the gold to make their rings. Their rings only have less than 1% Welsh gold in as it is. So they need the Welsh gold from somewhere to continue their sham of a business. People walking round thinking they have a Welsh gold ring when its mostly silver, copper, gold from other countries and less than 1% Welsh gold. That's the real reason the trolls are banging on every day. Why would you slander this much for this long if there wasn't an end game. Your not getting the license and your going to get prosecuted. Everyone knows what your up to. Clogau Jewelers is a sham company. One day alba will have an abundance of Welsh gold and then they will have you by the balls. Your time is marked as your going to be buying your Welsh gold from alba in a couple of years. Alba will have the last laugh
Nob head = Ryan defo. Guys a slanderous slime ball
Mark Austin said 4-5x spot in his interview on the Darcey Bussell programme. Sounds promising for when they get down to the lower levels and bulk sample the visible gold. That must happen some time this year. If they find a seam then there should be no need for concentrate figures. Best case scenario for clogau is we have some bulk samples from the flooded level by Christmas which show the resource potential, a big re-rate and some more national press coverage to follow. Mean while we have the other assets to keep us rolling
Lets hope bezos buys our greenland assets once they have been proved up
Saw Mark Austin on the advert. Its defo clogau
Icelandic government granted an exploitation license to bluejay mining, which is next door to Thule Black Sands.
https://youtu.be/ncF_JzPGXBs
New Amitsoq update. Things progressing nicely
Its a pilot plant used to detect the existence of gold on site. They will draw for the big guns once its proved up and they move into production
We don't know if its been submitted. But Peter surely would have said it hadn't if it hadn't. The fact he can't talk about it makes one think that we're waiting for it to come back
Im going with 195. Cautiously hoping to break 200. Either way we killing it with more to come very soon
The costs are covered via profits from mining zcash
They raised the money for texas and Pluto at the same time. Both voted for at the AGM. We knew about it fir a long time since texas was announced. You gotta spend money to make money. And he doesn't want to sell his bitcoin. Bullish imo