Blencowe Resources: Aspiring to become one of the largest graphite producers in the world. Watch the video here.
Excellent RNS.
Drilling has now paused for the Christmas period, and is scheduled to recommence in the first week of January. According to current Government advice, the increased public health measures announced by the Welsh Government on 19 December 2020 will not affect the Company's ability to continue its ongoing activities in the field.
I don't day trade but I sold some shares this week. I went against my own word I'd never sell and bought some in another company that went up a nice amount. Left that money in there and repurchased some more shares today and lowered my average further. I took the low SP as an advantage, however we all look at things differently.
Worked out nicely for me but the dangers of missing out on that golden RNS.
I along with everyone can't help but notice the drop in SP. We haven't dropped too much, remember this is AIM.
Every company has a turbulent oscilloscope. We are in our infant stage and this is going to be the case. The company in my opinion haven't released anything concerning me right now. We have a lot to look forward to.
As I've previously said, if you believe in the company, asset and your investment you have nothing to worry about. People held ggp at a loss for a year!
If you're worried then dealing isn't for you and sell.
Nookie, I wouldn't want to be your counsellor LOL.
Have a great weekend everyone. Enjoy yourselves rather than worry about a number on a screen. See you at 7am on Monday.
Im so sorry for your loss. My condolences. We are all here for you. Don't ever worry about not being able to post anything you want. My thoughts and prayers to you and your family. I know there are no words that can take away what you are feeling, but I hope you are staying strong.
Imran
Thanks cfg, If anyone finds it useful too, you can download the yahoo finance app and add your stocks to it, the price you paid and number of shares. It will give you an overall sum of your total holdings and % gains and losses at any time. I use it when I'm out and about and don't have time to log into Halifax.
Moody, it was a comparison of results from the same mine from two different companies. Not looking at mcap or shares.
If people are concerned about sp and frustrated its useful to see how much they rose on those grades previously mentioned and what we could expect.
I think the grades we found warrant no increase. That's my opinion.
I guess we will see soon enough.
Good day everyone.
1.Most people who've heavily invested and researched would have known who Stellar were.
2. Just because we have more assets does not negate the fact when comparing Stellar's increase as a % gain on their results at the time. 45% increase solely on sat results. Not anything else. Even if we had 1000 assets were comparing the % gain. Simple maths. Fool.
If you've done your own research before buying into alba you'd know Stellar Resources owned clogau and had a share of Horse Hill.
We aren't the only ones to have a go at this mine since it closed.
Thats why it pays to dyor.....
Bit of a silly question wasn't it. Won't be answering anymore.
It shouldn't be higher. Stellar Rose to 0.75 when they reported grades of 300g+ in their assays. We are at the right price for the news we have been given.
DYOR - if you are frustrated then you clearly don't know what this company is about or has if you think we should be higher.
No deramp - just being realistic and real here.
I hope for good grades like everyone.
I pasted their previous grades just before. Have a look.
What we COULD expect. Out of every 10 samples 2 or 3 big hits.
Sample Description
Au Grade
ppm
Sample Description
Au Grade
ppm
Sample
Description
Au Grade
ppm
OS-1
OS-2
OS-3
OS-4
OS-5
OS-6
OS-7
OS-8
OS-9
OS-10
0.45
305
0.44
0.71
2.06
217
0.19
266
1.18
8.04
ML-1
ML-2
ML-3
ML-4
ML-5
ML-6
ML-7
ML-8
ML-9
ML-10
1.56
0.50
388
0.56
0.50
0.45
1.87
0.43
242
2.76
TMP-1
TMP-2
TMP-3
TMP-4
TMP-5
TMP-6
TMP-7
TMP-8
TMP-9
TMP-10
346
435
0.33
3.81
224
0.51
0.30
235
5.12
1.15
Average
80.10g/t
Average
63.9g/t
Average
125.3g/t
JH-1
JH-2
JH-3
JH-4
JH-5
JH-6
JH-7
JH-8
JH-9
JH-10
0.58
1.07
306
0.34
0.37
0.41
1.39
0.71
1.18
0.56
NP-1
NP-2
NP-3
NP-4
NP-5
NP-6
NP-7
NP-8
NP-9
NP-10
284
0.67
0.43
1.63
0.45
0.48
388
1.31
0.68
0.41
TR-1
TR-2
TR-3
TR-4
TR-5
13.5
0.16
8.07
0.13
0.13
Average
31.3g/t
Average
67.8g/t
Average
4.4g/t
I predict 0.6-0.75p with an average overall grade of around 60g/t.
I'm happy with the company and the team. Let's hope they smash this out of the park unlike Stella.
We have consistently held our SP over the turbulent months and only dropped because of the placing.
I agree. Good price to top up.
Time for patience and to hold for gold. Just remember, some holders in ggp bought at 1.9p and for over a year it was down at 1.6p. Those people that held are laughing now.....
If you believe in your asset of course....
These are monster grades. It would be foolish to ignore and not be a little nervous how they never continued......
But anyway... On a side note, look at these grades and then what we have for some perspective. Our share price will not raise on our news or grades right now. A few more grams needed to get to 0.6/0.7p.
Let's see what happens, we have a good team, unlike Stella.
UPDATE - Stellar Resources boosted again as Welsh sampling shows bonanza gold grades
2014-11-20 16:53:00
Stellar Resources shares skyrocketed again Thursday as the mining firm unveiled encouraging assays from sampling at the Clogau St David's gold mine in Wales, including one result showing an impressive 435 g/t of the yellow metal.
Stellar Resources (LON:STG) shares skyrocketed again Thursday as the mining firm unveiled encouraging assays from sampling at the Clogau St David's gold mine in Wales, including one result showing an eye-watering 435g/t of the yellow metal.
Ten out of a total of 55 assays returned grades of over 200 grams per tonne (g/t) with six results returning greater than 300 g/t gold.
The average overall of all samples was 67.3 g/t of gold.
Yesterday, shares zoomed up almost 60% as it told investors it expected to release the results from the Clogau mine by the end of the week.
And today, the figures appeared to impress, with shares up almost 43% to 0.75p.
Chairman Donald Strang said: "These are encouraging gold grades from the Clogau Mine and this work clearly demonstrates the potential of the area.
"Stellar Resources looks forward to reporting the results of the independent geological survey over the Dolgellau gold belt and the commissioning of the pilot processing plant over the coming weeks."
Today's assays follow underground sampling at the Tyn n Cornel section of the project and the firm has said its recently acquired processing plant should be up and running over the next few weeks.
This will allow the small scale pilot processing of ore previously extracted from underground workings.
The next stage of the group's sampling programme will be to determine whether there is correlation between today's lab sampled and the original bulk samples by processing them through the pilot plant.
Stellar, through its 49% investment in GMOW has an exclusive option agreement with the Crown Mineral Agents, acting for the Crown Estates, over the exploration licence that covers an area of 120 sq km containing the entire Dolgellau gold belt.
The licence contains the historic Clogau St David's Gold mine, renowned as being the source of royal gold.
Anyone worried about the share price should sell and not invest.
We should be more focused on:
QUOTE
Alba Mineral Resources plc (AIM: ALBA) is pleased to announce that the first phase of the Company's underground drilling programme at the Clogau-St David's Gold Mine ("Clogau" or the "Mine"), which was completed in October 2020, has intersected what Alba believes to be the westerly extension to the Clogau Main Lode, representing a potential 550-metre extension to the Main Lode. The Main Lode is the source of most of the historic gold production at the Mine.
UNQUOTE
Remember one of the samples was a 25cm core returning 1.79g/t. Thats about two thirds of your forearm worth £72.93
I am not bothered one bit about the SP. The assets and potential are my focus and priority. A number shouldn't distract you from what Alba possibly has.
Exciting times for us, Stella found some astonishing grades from their drilling. Some samples will contain nothing, but thats useful as we can cross that area off and play our game of battleships until we hit HMS Nugget.
If we sink nothing then who cares, we have Greenland. Bluejay know this and are no doubt tracking us. Possible JV or use their port. Who knows, the world is a changing and volatile place.
Alba look promising. Not close to GGP, but enough to get to possibly 10-15p.
I hope everyone had had a pleasant weekend. 24 hours of a&e is not fun. But 8am when the markets open are! Stay safe, covid is worse than the media portray it.
Everyone here is in at a great price. I'm holding for a long time and seeing what happens. Even if we hover around 0.3 at a paper loss.
I have faith in Mark and the team. I highly doubt Mark is looking at the SP. He knows what's out there. Just a matter of time.
If not, we lose some money. And will invest in another company. Life goes on...