Member Info for Jeremiah99

Lol, I was scolded on here for that same pencil joke about 4-5 years ago!
I can still remember the name of the guy who took it seriously - poole-gems :-)

Might be a good thing. One day we may look back and conclude that the greatest loss in this debacle has been hours of precious time wasted following FRR. :-(

3-33m tonnes, not exactly sticking his neck on the block with such a wide forecast range. He'd make a good AIM MM with that spread!
Not sure about this bit "...it is uncertain if further exploration will result in the estimation of a Mineral Resource." Why not, is this not what we're shooting for?

Yes, they don't seem to have bothered sending their better online infiltrators/influencers here to rock the boat, SN and ZM
already seem to have made a pig's ear out of a potential silk purse without too much help from Pootie Poots.

One would presume that the GG have also been looking in on these proceedings? And for the benefit of those of us who wish to go over things at their leisure later, I was wondering if there would be any archived recording of the case that we can access?

Yes we have needed wheelbarrows full of that patience that Warren Buffett has always banged on about. Hopefully just another couple of pocketfuls required...

Mole "It just doesn't add up. I have often wondered if it's incompetence or a clever CIA linked operation we have invested in. After over a decade invested I still don't know the answer."
I don't know how big our potential assets are in the global scheme of things but it has crossed my mind in the past that while they are steadily exporting gas abroad perhaps it would suit the US to have any other huge gas reserve, particularly one which can be more cheaply extracted than US gas, left in the ground for fear of competition?

I'm always surprised at the relative lack of interest on this board considering our assets could end up being worth $100s of millions or more. Look at the steady interest that apparent dead ducks like Ukog, Prem, Frr, etc manage to attract.

I'm still of the opinion that only good jorc results will fully convince the market. GF does seem very confident of the quality of our assets but there's no proof until the numbers come back from the drill samples.

newlunar - that's the main thing I would also be interested to know. Will the IPO be before or after this summer's drill campaign results, which will have the potential to affect the value of the GL assets?

At this rate I suspect that hydrocarbon energy sources will be distant history well before this thing is finally resolved and no one will know or care what might have been "in the box" :-)

Yes, firm news of a Greenland expedition start date should get the ball rolling but first we have to take care of this covid Indian variant or at least demonstrate that current vaccines can easily neutralise it. It has the potential to throw another spanner in the works as no country is going to want it within their borders if they can possibly avoid it.

LL010 did its job of finding further quartz veins and delineating the widths and dip etc. Assaying for whatever gold may be present is of minor secondary importance as, has been mentioned umpteen times, the bulk of any gold will be concentrated in high grade zones. It is more than likely that a single drill hole will return minimal or even zero grades of gold while a few metres along there could be bonanza grades. One can imagine the squealing of the traders on here and resultant s/p plummet should GF decide to publish meagre LL010 assays, even though the overall gold grades throughout the quartz may ultimately equal the historical 17gms/tonne. Hopefully it would see off some of the impatient whingers on this BB.

There was a time when the brokers note suggested a potential value of 14p a share. Of course that only factored in everything always going hunky dory with no setbacks. HH fizzling out quickly put paid to that particular target, otherwise I remember my own calcs arrived at 3-4p just for that asset alone. One damp squib gone pffft but perhaps several rockets still to come! :-)

It's comforting to see that an independent expert's estimate of our graphite potential is 5-10x more than previous figures. Just need the summer drilling campaign to go without any setbacks, covid or otherwise. That being so, we could be in for a nice re-rate by year end, especially if we also get a JORC for TBS with uprated figures for the sub permafrost and sub sea areas.

Yes, plus a couple of tier 1s added in will see us well over 50p IMO. :-)

Thanks, keep us posted, 90GH90.

We don't have vast resources of gold, we are currently in the process of scoping out a potential fairly modest amount of 500 kozs of (albeit premium valued) Welsh gold. We don't yet know how much of that will be realised - and we don't have a single ounce of lithium.

I'll drop my pants on Camberley High Street if the overall Au content of the dump is anywhere near 50gms/tonne!

The fact remains that we have yet to confirm the scope of any of our potential assets, so why would the wider market believe us? We stumbled badly at the first fence of HH, so have already lost some market credibility. The Clogau deposit doesn't lend itself to being easily quantified prior to actually being mined, and there are bureaucratic hurdles to navigate, so that's a wait and see. This leaves the Greenland assets which, all being well this summer, will add some reliable numbers which the wider market can then hang its hat on and hopefully get us moving into the pennies.