Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
This price rise on a sniff, whether the price stays where it is or not, should give people a good idea of how fast and where this will go upon the actual signing of a contract.
It is easy to think contracts can be rattled out and lose faith or get bored but if you were spending millions with a contract I reckon every penny is put under the microscope.
I have just found I have 9945 option/ warrants or something like in my non isa account. These must have been here a good couple of years as I have forgotten what we could convert them for. Anyone remember anything of these sort of things as it may help me. Thanks in advance for replies.
Lots of cures for boredom but they all involve doing things. We could have a game of guess when the news comes; I will say Thursday 14th at 11pm for Flourspar and Friday 15th at 8am for Gold.
Purely a bored guess.
Hi,
Your recent post.
It’s because the commodity is purely ‘in the ground’ at this point. You see, they may or may never get permits so it really has very little value until they can mine it. They will increase in value if permits were approved and then again when mining commenced from my observations of past small miners.
Hi Brightspark,
Well only my personal opinion but if they find a seam of gold (odds ? 7/1? 10/1? Or longer) I would then think they would shoot up big time depending on what amount of gold people estimated to be in the seam. Honestly if they found bonanza grades I would think 40p but I am only a private investor. They would be taken over or joint venture fast and we would not see all the profit. Only my opinion. Why not research other past successful mines and the share rise. I also have a goal price but I am willing to move it or sell the shares if I think it is not going to reach the goal.
Well I added recently. I only have one mill of these and would like more. Are the ducks lining up or am I quackers to want more! I will invest more as I believe we will find more Tantalum in the future holes and areas. That should, I believe, on its own, push the price up.
I think news will be next week tbh
Well predicted. Good news soon.
They could go down up to the 25th when stuff is issued because Bergen may sell at that point. However, if so, I will buy about 3 million of them for in 6 weeks when drills are done just before results I think these will be 2p and if they actually find gold why not 6-7p depending on the grades. Good luck all true holders. Game on! Let’s make some money!
Although Bergen may sell at some point and we may drift yet, the bottom line is still the fact that in 3 months or so we should get drill results( if all permits in place). And if they expand on the gold ( number of drill holes with gold and grams/ meterage of gold) then this price will seem extremely cheap.
There is also a very good chance that people will invest in 6 weeks or so ready for the first assays. I expect them to rise before the next gold related update.
Now, are all permits to drill/explore in place?
I will invest more in 6 weeks if permits are already done. One sniff of more gold in further holes and this could make a significant rise. Bergen would definitely sell then! And so would I.
Yes, seems all good to me. I will add more if the taxman leaves me any. Seems like some more news early next year on the new formed part of the business with maybe some more results then extension drilling until May if I have studied this correctly. So, two chances for a bigger fish to payola on the water pipeline and stoke a deal on the tantalum but I would think more likely after all the drilling as we have more leverage on our bargaining position at that point. Any thoughts anyone on if, when and our PI possible profit?