Member Info for Jeremiah99

Too big to 'give away' but (without government funding) where will the money come from to explore and develop the deposit? To my mind Amitsoq is a no brainer for (part) public funding, the deposit is already there and has been semi scoped out, so little exploration risk as there is with Motzfeldt.

Https://www.msn.com/en-gb/news/world/trump-greenland-gamble-backfires-after-envoy-gets-publicly-rejected-and-forced-into-retreat/ar-AA23IEt1?ocid=msedgdhp&pc=U531&cvid=f45a36f748c44c98f552c54336b5e839&cvpid=6a0fae0f88094d9199fab7798b262bba&ei=30

In contrast - "Meanwhile, Greenland appeared to strengthen ties elsewhere. Canada's recently opened consulate reportedly received warm support from Greenlandic leaders, with officials praising Ottawa's respectful approach toward Greenlandic sovereignty.

France also signed a new memorandum of understanding with Greenland focused on cooperation over critical raw materials, further signalling that Nuuk may be seeking stronger alliances beyond Washington."

@Mannnan. Pretty poor form to arrive onto a BB with such an uncorroborated negative post. Shorter/trader behaviour...

True. Spin it off as a separate company, with Arkadian keeping a stake while raising some working capital for the newly formed company in the process, same as Groc.

Groc has been very slow to demonstrate fair market value for its assets so I guess that has held us back a bit. Finnsbro looks like it was something we jumped into a bit hastily and have got tied up in legals at the first fence. Motzfeldt? I'm still bemused as to how a nano cap like us could corner a potentially mega RE license area for peanuts, the time and expense involved to scope out and begin mining being more suited to an outfit with much deeper pockets. Hopefully Groc will begin to drift back up towards fair value enabling Arkadian to raise enough to drill enough of Motzfeldt and with good results, attract offers from outside parties to take over the license area. That's my simplistic view of things right now...

Is that AI generated? It seems to have more nous than our present leader. Maybe we should replace George with a bot? We couldn't do any worse than we have so far...

I think someone just picked up a bargain :-)

Https://uk.news.yahoo.com/us-pushes-military-bases-greenland-080000985.html

Any talk about invading seems to have just been Trump's usual agressive opening negotiating tactic. Or are these bases just the foot in the door prior to a takeover? {:/}

In early March this year I asked a question on the investor hub about a guy claiming to have found a much cheaper dry process for a graphite concentration method. Stefan replied within two days with his thoughts as to why the claims seemed dubious.

"This investigation and test work will likely take a fair bit of time..." Of course it will, nothing Alba does at Clogau proceeds at anything more than snail's pace...

Not sure what the host rock consisted of but it was mentioned that it didn't show any signs of visible gold. Despite the great levels of gold encountered, they appear to have put further investigation on the back burner for a couple of years while going on a wild goose chase for more (unaffordable) assets. With their other ventures and limited funds and manpower I'm not sure they are able to give Clogau the full attention it deserves at the moment. Hopefully the other ventures will prove to be far more lucrative.

(I'm currently in Kathmandu for the next month or two myself)

I guess best case scenario is that someone in a better financial position will take over the Morrow facility and continue to battery production, using our graphite.

From Wiki -

"Northvolt had many expansion plans in Sweden, Germany and Canada before its bankruptcy in March 2025. Most assets (gigafactories already built or under construction) were sold as part of a liquidation deal to Lyten (a US lithium-sulfur battery company) during 2025"

Perhaps Morrow's assets will be bought out by someone with deeper pockets and we'll supply to them instead?

Well, somebody is certainly loading up in hefty chunks today..

Great news but why is the s/p down? MMs looking for cheap shares?

It was actually from an RNS dated 26/3/2024 on the company website but not mentioned on the LSE RNS list.

"Clogau Gold Mine Update

Exceptionally High Gold Grades Confirmed of up to 4.30 oz/t

Alba Mineral Resources Plc (AIM: ALBA) is delighted to report on exceptionally high-grade sampling

results returned from No.4 Level at the Lower Llechfraith workings (the "Llechfraith Target"), Alba's

principal gold target at the Company's 100% owned Clogau-St David's Gold Mine in north Wales

("Clogau" or the "Mine").

Key Points

· Alba has taken more than 40 samples from No.4 Level at the Llechfraith Target, and all have

been put through the Company's Gravity Processing Plant to produce heavy mineral

concentrates. Composites of the concentrates were then sent to a third-party refining facility.

· These composites have now returned exceptional gold grades:

o From Composite 1: 3.1 grams of gold were recovered from 49.2 kg of sample (dry weight),

equating to a back-calculated head grade of 89.15 g/t or 2.87 troy ounces per tonne

(oz/t).

o From Composite sample 2: 3.2 grams of gold were recovered from 34.4 kg of sample (dry

weight), equating to a back-calculated head grade of 111.63 g/t or 3.59 oz/t.

o From Composite sample 3: 4.0 grams of gold were recovered from 36.9 kg of sample (dry

weight), equating to a back-calculated head grade of 133.73 g/t or 4.30 oz/t.

· The Company is greatly encouraged by the fact that these high grades are from ore that did not

contain visible gold and is interpreted as being part of the background gold population.

· Further, the fact that these grades were obtained from shallow chip sampling on a level that

has previously been mined suggests that further and more extensive sampling on No.4 Level is

merited. As No.4 Level is immediately accessible, this sampling can proceed without delay"

Remember a few years ago there was a statement included on the Alba website (though I don't think it appeared in an RNS) that samples from rock surrounding the quartz vein in one area yielded several ounces of gold per tonne. I thought it a suspicious and unlikely claim at the time and mention of the rich gold occurrence was never made thereafter. I get the feeling (unlike Stefan) that George is a little opaque in his dealings and we (the owners of the company, after all) never really know what is going on.

I think the old time miners would have had more gold out by now with their picks and shovels...

I reckon the pina coladas will be on you when this pops, elir71 :-)

I'd also be on that list but way below you...

The published spread may appear wide but trades are often well within the range especially if it's a larger amount.