The latest Investing Matters Podcast episode featuring financial educator and author Jared Dillian has been released. Listen here.
Energy=cash?
About how remote the place Greenland is and etc, a drilling campaing needs to be planned 6-9 months ahead...we are in March. To drill a hole takes time...so...it's mathematics here...and logistics. 2024 drilling?...really? Ok...
Did Kobold published their survey results? Their website is quite prolific in Greenland photos...
My Ashton
I understand you.
And I agree. I wish I could attend a AGM.
I would love to heard some technical explanations.
Yes…most of us are at loss but I didn’t got in at 15 or 10 and my average is ok but I’m 5 digit loss…but to be at seven…it’s a different game. If I was a 7 digit bag holder you’ll see me in London with a baseball stick in JAY headquarters dressed as Joker.
Now…I am just trying to get over a flu with some tea and honey.
BOD is present in this group. No need to share. Besides...if they don't reply to mails relate with lawsuits...would they reply to a no-body email asking for...common sense issues?
Outcomes….acceptable?
1- solid timeline based on irrefutable sample analysis for Disko, with counterpart Kobold strategy clarification (Kobold is not under pressure, it’s private)
2- transparent analysis and timeline for each of the JAY’s assets
3- definitive Dundas analysis ( previous 2 reports are contradictory)
4- honest and assertive BOD-shareholder communication with period updates
5- zero negligent share placement at sales price.
Amaroq showed a pathway. Is it too much to ask similar process?
ok…
ashton…do you want to put me to silence?..no. don’t expect that.
i’m not paid by jay or by shorters to express how i am ****ed off by all sequence of events.
read the lines again. i repeat. “i wasn’t the one who compared the disko and norilsk resources as being massive”. i wasn’t. is this true…? is disko a new norilsk? i hope so. but until now it was was only pump and dump. check who gained with those affirmations and then tell me.
until blablabla is not turn out to be real value, it’s just cheap talk.
do you want to dig also about dundas and the finnish assets?
honesty means this: bod gives a transparent market update and stops the bunker bs. i’m not bashing i’m just tired of unbelievable lack of communication…or you can call it lies and shortcomings.
i believe in greenland potential not in jay management.
and inconsistency for me is bs when there is people with 5-6-7 digit loss. probably peanuts for you but not for others.
but if anyone is ok with this scenario and aligned with bod, good to them…
Torreaguas, good to you. Let’s see.
Ok... now i am the one being under scrutinity. I salute people that have time to go back in posts and check for inconsistencies. I also get the point of checking both sides of the equation and admire people with methodical analysis.
I would like to know if some of those ( won't refer the name in order to avoid more personalization of the speech) who check others opinions and analysis if themselves have any...personal ideas or analysis.
By the way, irony and sarcasm are forms of expression. Far from falsehoods.
Falsehoods. Did I compare Disko and Norilsk? Someone that likes to check my post history, go back to my posts about GEUS. Oh...read GEUS about Dundas. And about Disko. And about to all assets to be sold for a dime.
Yes...I am upset...but not 7 digits upset. I am not putting iron on people with transparent management and integrity. Lack of communication and noo timeline to deliver at least a planning based on surveys. What was 2023 for JAY? Drilling? Research? Publication of previous insitu surveys? No...2 share placements to destroy many guys wealth and to send to the market a message that is clear...
Do I have hope for JAY? Still yes because it's Greenland. But BOD creates in every soul the idea that is much easier to find a gold nugget in Thames than to make a penny in mining extraction in any of JAY assets.
Note: i respect everyone's opinion. I have the right to disagree. All within respectful boundaries.
Troajan
I have money in the company. Do you have?
I am not bashing. I am blaming an incompetent BOD that changed multiple times his members (do you know why? do you know who decided the new BOD?), I am clearly delimiting a lack of strategy.
If I was sure about my assets and convinced about their value I wouldn’t say their value is 50 million in 2021 and 5 million 2023.
I don’t pay tribute to people that throw our money in the trash and don’t give any explanation.
If that is being a basher, whatever…whiskey and peanuts.
Please Ashton…don’t ask for proofs of what I am saying.
Ask BOD.
If you are knee deep on this trashy company just don’t ask there wrong guys. I never travelled to Dundas, never visited Finland mining areas.
Point of the situation:
- BOD if in fact answered the way he did, shows lack of education, communication and strategy. In fact some shareholders lost 6-7 digit in this company.
- Of course there is abusive and damaging behavior from the BOD when, without notice, dump millions of shares at ridiculous prices just to support salaries, space rent and personal expenses. In the field nothing. In the bunker, whiskey and peanuts.
- this board of course is a rendezvous of cheap talk. We pushed to September, then to December and now to March any big news. Well the big news is no news. No manpower in place, no drilling planned, no JV aligned communication. At this moment there is so much communication between Jay and Kobold as between Kiev and Moscow.
- I know I’m going to be bashed but the cruel reality is that BOD want to create a movement in order to push SP to 4-6p and recover some cash. But they haven’t any jokers to play now and things are close to a dead end.
- Geological surveys don’t support any Norilsk what ever. With trashy pump and dump, bait and run. Who sold shares at 5-10-15? Those knew what they were doing. Do you think if there was really a Norilsk like geological structure the major weren’t already on top of this? Bo worked in the Greenland Geological survey institutions and had inside knowledge. But it seems that he read the wrong reports. Well, there fraudsters that in 1900’s sold the Eiffel Tower multiple times.
- anyway…everything went wrong when Dundas was labeled as trash. Check Data Mining Solutions, Dundas project. Again, Dundas will prove to be an excellent mining area and of course since JAY will be dead then, others will get the benefit of a dumb BOD.
- at the moment I’m here for the show. Too late to get out, not interested in putting more and just watching where a bully and incompetent BOD just drive a company with many promises and zero achievements.
Finally ppl start to understand what I said months ago.
The pawn here is Bo. That guy worked in Greenland mining authority and geological centers. So he has inside knowledge. The other issue is market. Is this the right time to…sell? Is this the right time to mine? Kobold has been quite obscure on their guidance on this but clearly, on field man power and machinery take time to get organized…and Greenland is not like a mine in the middle of Canada. The fact that geological surveys show certain features almost implies that a big processing unit should me nearby. If drilling team need accommodation and else and nothing is on the field.
Even is JV proceed to drilling…what is the impact? It’s not producing any revenue, it’s just prospecting the soil, so then samples to be processed, more 6-12 months and we will be 2 decades old and finally…it was a mistake, the money pig is in Dundas were they decided to build a casino with some amazing shows. Dundas Las Vegas. At the moment guys in the bunker are just trying to create a plot in order to make this climb to 5-6p with a 3x better than Norilsk in order to sell and save their own posterior lower part of the back with a central hole.
I know this:
-guys went to the bunker
- guys didnt come out with good news
- BOD kicked out, Bo still on salary
- SP in a misery price
- assets without consistent evaluations (Dundas, Finland) and erratic strategic decisions.
So...i dont know nothing. Onlything i see is a confusing picture. In case Trump wins maybe we can sell it...he believes in Greenland (and in bleach...).
Yes.
Why JAY is having convulsions if DISKO is so good? Did any mining company approach JaAY? In fact guys in the bunker were knocking in all major doors looking for a lifeline...right? And starting to sell the belkved Finnish asset for pennies and burying Dundas?...Looks like we have just some rolling stones back in Greenland. Btw...any works need manpower...where are you going to get manpower for any exploration? Takes months...are you aware of any contractors?
We dig dig and dig…for hope.
The facts…not all them are available.
The strategy is: Kobold and wait.
No one from the BOD gave a reliable scientific interpretation to geo surveys.
Timeline: nonexistent.
Yes…it’s candles and prayers.
Ashton...refer just one independent report or major mining company considering any JAY assets...
Is there anything new? Facts:
- SP in free fall
- erratic strategy
- BOD with contraditory statements
- surveys with contraditory results ( Dundas)
- locations with inflated not science-backed data (all assets)
- zero interest in JAY licenses (including Disko).
- absence of any financial autonomy.
The sum is a big zero. Hope doesnt feed a family. The only real fact is that RIO pulled out. Kobold is just...thinking "is it worth it?".
Everyone is digging old reports, interviews and surveys but...end result? Hope.
Clearly BOD is in the bunker. WW2 deja-vu.
DUNDAS was burried in a fishy way. As shareholder i would lime to have a third party evaluation and study of the asset.
DISKO is a ...Lalaland...
The Finland assest are..."well studied surveys that every mining company wants to participate".
The real situation: we are with a candle, in a windy day, cold, outside, praying for a Summer breeze.
Bustjay
My friend Maximus Dikus said once “do you think this is any funny?”
Yes. It’s tragically funny that multiple placings reinforce certain position/ shareholders portfolio, with privileged access to the placing, destroying wealth of those whose average is 5-10p. It would be like that this if I was a mob guy: I sell positions at 5 and buy placings at 0.5. Sorry, my imagination disturbs my perception of the real facts.
The MRE’s are certified by the magnificent Bo? Ok…expect the best geological expertise between Waterloo and Mike’s pub in Soho.
Meanwhile…people are DCA just to see if they minimize losses…