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What would be nice is an update on the gold processing.
Another positive update today.
Nothing negative just onwards and upwards.
GLA
Amitsoq potential is very exciting given that 60 to 70% of world graphite supply comes from China!!
Makes Alba share price even more ludicrous!!
Any idea on potential resource at Amitsoq?
Very sad people on this board!! If you can't back the company and post positive comments then sell up and go and spread your sorry misery elsewhere!!!
From last Wednesday RNS 25th Nov:
"We will put this funding to very good use as we look to push forward with our ambitious plans both at home, where our Welsh gold assets have recently been strengthened..........."
There is gold there that is a fact! We just have to be patient and enjoy the feeling of everyday in December being like Christmas Eve!!
Big news today and with the assay results to follow surely the SP is heading for only one way and that is definitely not down!!
Was it Alba that made the application or was it made under someone else?
Apologies if this is a dumb question?
Now this is very interesting as it mentions the Dolgellau Gold Belt:-
Synopsis
Gold–quartz reefs are often characterized by localized,
erratic high grades and, in many cases, coarse free
gold. They typically display a high to extreme nugget
effect, and the sampling of these deposits for resource
evaluation presents a corresponding challenge. Core
drilling is generally an effective measure of geological
continuity, but reliable grade data and confirmation of
its continuity can only be obtained from underground
development. Generally it will be possible to estimate
only an inferred mineral resource from drill data alone;
underground development with closely spaced infill
drilling and bulk sampling will be required to delineate
indicated and measured mineral resources. Three case
studies are presented that show that bulk sampling
provides an effective— though costly—way of assessing
likely minable grades.
Gold–quartz reefs are often described as being ‘nuggety’ or
having a high ‘nugget effect’. Such deposits are often characterized by the presence of localized high-grade ore shoots and, in many cases, coarse free gold. The quartz-dominated structures vary in width from narrow up to 15 m or more and in composition from discrete, single veins to stockwork-style networks (Fig. 1). They often display both grade and geometrical complexities.6,9 Run-of-mine grades are generally in
the 6–12 g/t range but can be ³30 g/t; resource tonnages of a single orebody range from 1 000 000 t. Classic locations for this style of mineralization include the world-class Central Victorian Goldfields (e.g. Tarnagulla, Bendigo and Ballarat) of Australia3,9,14,15,16 and the small Dolgellau gold belt in North Wales.4,7,22
So here we go again as per the RNS this morning the closing of the project equity funding is not a definite for this month. It is expected but could very easily be delayed again!!!!
Now's the time to buy at these ridiculously low prices. Very much oversold IMHO!!
So the deferred shares are locked and not allowed to be traded? What a complete sham!! Harry with all his promises needs to man up and stop spouting his bulls**t!!
Having been a shareholder for nearly seven years I have decided to sell up. Too much risk in my opinion. Been here before with Quindell Portfolio. Not risking it again!!