Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
I made more on a £500 E/W bet on Nando at Ascot in 20 min than I made here in 8 years looking forward to some good news , so far its always been Hookey Street. \this time next year we'll all be millionaires. Hang on, no put that one on hold. Still expecting the Gkids to do better than me out of MM
Pot was meant to be post but then again given the nature of that post is probably a better reference
Tro are you getting me mixed up with someone else , my previous pot was regarding effluent . ... Soulsis any relation to Sid you appear to have a similar philosophy
They certainly can be endless and they have been sustained for an eternity on a down ward trend. The current up trend can be attributed as much to coming out of the C19 period and returning to the norm as anything else . Still let' s hope the basics Parilla and Regua perform this year and MM doesn't dilute before January to continue the interminable drilling cycles , and test mine just to maintain a licence for the gold he didn't want
39 Million tons of sewage are pumped into the Thames each year, the super sewer isn't operable and the current system can't cope with rain flooding the system. As for Windsor The water company was fined a couple of years back for a lake of the stuff flooding Windsor . Apparently 4 out of 5 rivers in the UK are subject to flushed raw sewage being dumped and fecal matter in minute quantities is detectable in mains water in London . It's why you can get that taste of bleach in the water in Central London, apparently part of the treatment
Read the words , MM was pot of gold all coming good, Thor was stay away no profit for years. MM has consistently sold the company despite the drilling and dilution, engineering fails,Unfulfilled grants, missed deadlines . 6 years later we're still saying this time next year we'll all be millionaires, still snatches of herring fishing , nuns and fond reminiscences of Sid. Currently awaiting the next news which we are told will be July and I have a personal target of the 31st sometime after noon
Thor presented with Wres at the St Paul's presentation around 2014. The CEO at the time told investors not to invest as it would take years of development before they were turning aa profit, strangely honest individual who proved to be completely correct, huge contrast with MM's sales pitch at the time
MIB, 3 up 2 down is SP progress, we were outside the Bollingers and the envelope so inevitable it should backtrack a bit , no straight lines, as we're still in devastation C19 mode , the upside to the normal lows.35-.45 will show a good profit to those bottom fishers amongst us
MM was talking about transporting Regua ore to Parilla , once/if established the only point to passing them through seperately would be a data run on the content, otherwise ore from regua could be stockpiled at the parilla site when the hardware is running at capacity and put through the system as required, . Can't see an upside to not mixing them
Re Gold: Am I reading it wrong, a small test mine and another large bill for test drills. It's not medium term pay dirt , it continues to be longer term expenditure. The tungsten and tin are the money pot , gold the money pit. Also an ongoing possibility of losing the license unless that cash is spent with no immediate payback so basically a drain on the rest of the company. MM has given us a date which is unusual, if previous dates have been any indication July means the last Friday of the month i.e. 31st. Hopefully we'll see a decent return on Parilla and Regua by Xmas
And yet so much positivety .... and housing related posts....The Spirit of Sid lives but with afternoon tv homes in the salted North wastelands, That's a Norman Conquest reference , not a blighted waste of space reference. Then there's the mystery expenditure on the ever elusive Glod. MM's lost cause, forced onward by financiers, fresh explorations because presumably the license requires massaging with a minor result of some kind. But it's shiny so have a super sparkly day
Ahhhhhhh Toejam seems I'm not alone in my general despondency.
Dear Troajan now the rest of the story missed targets , dilution , increasing debt that if we are fortunate will be serviced by Parilla, screwed up engineering all before C-19. C-19 has like every other company depressed the market reduced output and incured further debt. MM seems to be fantastic at securing debt and dilution . Lets hope at some point he is capable of ramping up the SP before screwing the market as he continues to take free shares in the company , or will that be taking it privately, hopefully the C-19 low was the best opportunity for that and has now almost past. Hopefully you like myself filled your boots around 0.12p mark and took the opportunity to lower your average.After all the only reason to be here is to gain a return, certainly not forthcoming from the continuing Glod saga or the long promised dividend which has never seen the light of day. Indeed throughout , and continuing, 'This time next year we will all be millionaires'. Meanwhile let's see if as you claim Parilla production produces a leap even to pre C-19 sp prices or whether its H2 Regua that gives this company a kick up the SP, or what are the odds Regua has problems and the target slips, slips, slips......sorry about the echo posting from the Crystal Cavern....Little easter egg their for those geeks amongst you and those with access to google
What is the point! MM doesn't want GLOD, he tried to give it away, continuing drills just to keep the license on the table, at least a decade away from production of any kind, kept at the insistence of the money men and will cost production profits to bring on line . Next great white hope is Regua, not even production here at Parilla , that's just servicing the loans and running costs. MM has provided enormous amounts of BS over the last decade(just short of), he needs to deliver on the actual operational sites . How many times must it be 'Next year we will all be millionaires' C'mon Trotters look for accountability and stop serving up Glod when its just Tripe
2012 they were drilling prospecting La Parilla. Only now has it come to the point or even verge of production. Gold is a filthier more noxious process and currently nothing is in place but drill holes, the news will be MORE DRILL HOLES. i.e. its a money pit and will be for the best part of a decade. MM is just mapping the deposit, nothing else is happening. Currently Tin is more exciting than gold , the latter which is destined to remain tn the ground for the foreseeable future.
https://order-order.com/2020/04/17/chinas-economy-contracts-first-time-44-years/
At least one ray of sunshine on the horizon, restricted production could boost the mkt for ore. Now if only MM can use the window of opportunity
The longer the gold development takes if at all , the better. . An entire extraction process has to be established. The relative simplicity of Parilla extraction has resulted in multiple dilutions to raise cash, various screw ups and delays. Gold has been sold as a softly sloping series of ore cores which can be approached via the external encroachments at the surface. It seems it will require the complication of a standard concept of a mine , then are we just supplying the ore or refining it to some degree a drastically poisonous expensive process. Little wonder that MM wanted to offload it, the financiers forced him into retaining it
Apparently this has been revoked -according to posts and references here thought there still may be issues with transport and processing further down the supply line
dreaming ....you're stuttering