Member Info for laxeymouth

Not only have you chosen a sound investment short and long term.This board happens to be pure comedy. "You'll be asking him to go on a date with you at this rate. Do you sit in front the screen when he's on and swoon?" That made coffee come out my nose. "Tip tv is a throwback to Live TVs topless darts on ice". Please stay Randy...Please. And don't change. Laughing all my way to a bag.

That will come with the shock and awe newsflow that's round the corner Leapfrog. I totally expected this to bleed a bit...but it seems the money is stickier than I first thought.

Less than a billion shares..and tightly held. Thats why this moves like Usain. Albeit either way..! Very easy to be locked out and miss out. I love AIM on a Friday ;))

600koz with only 25,000m of drilling on less than 10% of property.... (A mere survey). Previous interested partner stated "between 200-500k oz could be extracted PA." Surrounded by majors. All we need is love.

Again....it's journey not destination. Night Randy.

I was being conservative. The grades aren't great but low strip compensates for that a little...so we could be targeting 30koz PER pit. It's speculation without the numbers but 900koz in the feeder pits would realistically be extracted at least 30koz PA .(peer comparison :Condor Gold la india pre-feasibility study 2015) The ASIC will be low because we have little to buy and with the head start we have it could be way under $400 per Oz. A low cost platform to production. Obviously we split this 50/50. What can't you understand? What numbers Oz PA do you reckon? (Keep it simple and forget the silver and copper for now) You are clutching again.

A jv must be on. It's simply the only way forward with the exception of a loan from Guinea government. What enticed Giles Clarke into this? Is Mandiana the elephant we always said it was? We need another 60000m of drilling and there's no way of tapping us up for that with a 3m mcap so it can only be a jv. How TF did we end up red?!! Interesting times.

AISC here will be very low Randy. All infrastructure..paid for All plant..paid for. All licences...paid for Low strip Leaving us with wages admin ect to be added to our ASIC But let's face it the items such as those listed above are the expensive things that really drive up your all in sustaining costs...Building roads and licenses come way before processing plants and conveyors. An amazing head start...but it gets better "I am pleased to report that, thanks to the work we have carried out since the acquisition in July 2015, gold and copper ore production from two of these starter pits, Kvemo Bolnisi and Tsitel Sopeli, is on track to commence in H2 2016. Combined, the two targets have an existing resource (non-JORC, C1 & C2 Soviet Reserves) of 450,000 tonnes of copper at an average grade of 1.31%; 900,000 oz of gold at an average grade of 1.11 g/t; 20 million ounces of silver at an average grade of 23.71 g/t; 22,000 tonnes of lead at an average grade of 1.23%; 52,000 tonnes of zinc at an average grade of 2.9%; and 1.5 million tonnes of Barite at an average grade of 27%. What needs to be focused on is when NMG say what weight they expect to extract in first year and what profit they expect with all that Gold silver and copper that lies in the starter pits.. I expect now at least 30koz PA of gold ALONE at a recovery price so low it will make Brent Cook weep. Then price in the silver and copper...lowering the ASIC of the gold even further!! YOU ARE NOT STOPPING THIS RANDY!! Quit with some dignity mate.

Is flying.

Gold or guns?lol. Entering gold as it went cold...and possibly leaving gold as it gets hot. Only my beloved SMA! Safe hands with Clarke whatever route we go however. Tightly held shares...no one is dumping...wonder why! £3.5 mcap...Clarke has the skills to multiply that. Eyes down... Buy hold...Repeat

Recap. "With funds secured, infrastructure and permits in place and the results of our own work confirming the prospectivity and commerciality of the starter pits which had previously been highlighted by the vast historic database, first production at Kvemo Bolnisi is on course to commence in just a matter of months. In tandem with this work we will continue to explore the ever-increasing number of development opportunities across the 861 sq km licence area which we have always believed will prove to be a company maker. Having made the jump from grass roots explorer to developer during the period under review, in 12 months' time I am confident that I will be reporting on another transformational year for Noricum Gold, one in which we have made the transition from a development company to a cash generative gold ore producer. " Keyword : Transformational. Mcap:6m Bears:Toast And they all lived happily ever after. Gla.

Bambi...that was a very funny post! Thanks for the comparative Rns. Finally some good natured debate. Can I have a cheap day return to Ramp please?! Nmg aren't the only goldie to have learnt savage lessons from their first 'outing'...I could name a few. A couple of them now have great assets but LOTS of goldies fell into a trap in 2010 to 2012 of believing what's in the ground would reflect in SP and ability to tap us up all the way to production. The models failed because POG was falling and the only money coming into our sector was from the majors who basically had thousands of fire sale assets to consider. Do you remember 100$ for proven.. $80 for indicated and $30 for inferred? I almost disbelieve we ever used to think like that!but my god it was only 4 years ago!! This is a plug and play operation with no equipment to buy and fully licensed. The AISC here must be criminally low. We don't just have a jv..we have THE jv Production in Q3 promised so forthcoming drill results mean something..as will the jorc. If we are trying to delineate 1.5 Moz then normally two feeder pits would add 20koz PA to a mine producing 80-100 koz PA over 10 years. So is it possible that these feeder pits could net NMG £12.5m pa after our 50-50 split with cmc? And all this before any surprises; )

Leapfrogs post gone? Eh?

Posts should not be removed and no one should be banned. Everyone should be heard.It's called balance. The removed post said something about posting comparative information from the past to mirror what we are being told now. I for one would like to see that. GLA

A nice BAG here soon will cheer everyone up.

Removed? Strange..I thought they were both valuable.

Over the place.

That Steven. ...is a GO-ER!

http://www.iii.co.uk/investment/detail?code=cotn:NYSE:DB&display=chart As a Goldie ...I think this is one of the most important charts for a number of reasons. They have exposure to almost 70 trillion of derivativs. If it goes it will take everyone with it...Citibank and Barclays would go the very next day. It's a too big to fail so can't see Merks letting it go completely but even a decent wobble would make everything shake violently with lots of fall out. The chart is only going one way. #gold Because where there is chaos..there is cash. .

Agree Commy ...This volume hasn't come from just anywhere. Bernie,..so you don't know if we are gold or guns then?