Member Info for Jeremiah99

Martha why bother with a tiddler like UKOG when you have the likes of -

"The Bagger 288 was built for the job of removing overburden before coal mining at the Hambach surface mine in Germany. It can excavate 240,000 tons of coal[3] or 240,000 cubic metres of overburden daily[4] – the equivalent of a soccer field dug to 30 m (98 ft) deep. The coal produced in one day fills 2400 coal wagons."

I'm sure the posters here can chip in for a one way ticket for you to go and disrupt that environmental monstrosity. Why not chain yourself to one of the rotating buckets?

Not forgetting that titanium (from ilmenite) is a strategic metal. Of course we haven't even scoped out and JORCd much of our assets which is why we are still languishing. I've little doubt our assets will be worth 2p or more in time it's just that everything seems to take forever.

touting 2p by year end was quickly removed. Very wise. It's not totally impossible of course as long as all the ducks line up fantastically in our favour or after dewatering they discover a secret entrance to a huge cavern full of gold treasure (though guarded by a fire breathing dragon) :-)

No use ramping here, a lot of people got badly burned by St. Tropez and cronies hyping Alba up to over .55p prior to a subsequent 75% crash.

It's not GF's job to fluff up the s/p for the short term benefit of traders. He's there to grow the business organically through competent business strategy and mining exploration decisions, and to comply with any environmental issues encountered along the way.

I don't know what grades GWMO are expecting if and when they find the continuation of the gold bearing quartz vein but Alba's historical grades were around 17gms/tonne average, and they have found evidence of a widespread quartz vein system in the area. The jury is also out on whether GWMO will find commercially viable gold elsewhere on their licenses. So, gold wise I prefer Alba but should the copper quantities that were once hinted at existing under Sharktooth ever materialise, then GWMO will go to da moon. IMO...

This is what we need - https://m.youtube.com/watch?v=noimHb2S-dM&pp=QAFIAQ%3D%3D

I find it strangely comforting that a highly professional legal team is also well out of pocket having been stitched up just as we have been. Makes me feel much less of a dumbass...

Well, I never expected to be back below my average of c. 2.70p. Gotta say the doubters have been right so far. Can dithery Nick pull anything out of the hat for us as it's a long way to go until the rainy season ends?

Lovely copper grades but how much is there and if it is there in bulk could they ever get permission to dig it up in an area of outstanding natural beauty? Chasing gold in quartz veins seems a much more viable and environmentally sustainable venture.

I loved the story of the Bluejay Greenland environmental survey team that went to check on the walrus population up the coast from where their workings were to be sited. The locals there said - "Walruses? Ah yes, there used to be walruses here but we ate them all!" :-)

Makes me wonder how easy it will be to get permission to mine in the rest of the national park area even if there is plenty of gold there?

It's not like the bats have been there for millenia, the creation of the mine in the 1800s gave them a new home, so they must have migrated from somewhere else. So let them go back there...

Yes, if pumping out a bit of water is enough to irritate those bats then rock blasting is going to severely p!ss them off! :-)

Ditto...

As there are strategic minerals involved I would expect project financing to prove easier to source than usual.

Filtered

Sounds like some govt dept trying to justify their existence. I don't forsee much problem if the mine water is clean enough. My first impression of Wales many years ago is that it gets the equivalent of half an Olympics sized swimming pool of water dumped on it from the heavens roughly every five minutes! What's Welsh for did you bring your brolly?

The geological term 'massive' doesn't mean huge, gigantic, etc. It means the rock is made up of tightly formed particles of the same mineral, rather than a mixture or layers of multiple minerals.

Come back in a year or two then....