The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
Spot on re: Pallas Green & Connemara , but, Well its not certain now, that it DOES go off to Skreen in the NW, more likely to continue to the South, according to last set of drill results , towards the Ox Mtns , but still shallow & hopefully reasonably large , as U say. Underground drilling will confirm. Skreen may be tested again later on, together with Lugawarry , which is also to the NW, to see if any mineralisation in that direction. Possible that it might go further at depth below the existing mine as well. Drilling will confirm or refute. They also hav the Galway licences to explore eventually, as well, which no-one has drilled before, but r quite close to the worked out Galmoy Mine. Then, who knows what Centerra hav turned up, or not, in Sweden ? IMHO. DYOR.
It serves these greedy, scumbag landlords right. Mike Ashley was completely correct in what he said. Fate has a funny way of playing itself out............LOL.
IMHO. DYOR.
Well my main concern was 1.7 m shares traded in one day, on no news and no reason, which is completely out of kilter with the normal trading pattern, which is a daily volume of less than 30,000 shares , together with normally no activity on any BB.
No statement from the Company and no Broker Reports or anything new from the Broker. Not even a "speeding ticket" from Aim, Most odd.
Has anybody actually managed to speak to ADP yet - I've got a call in , but he hasn't answered ? Are any new presentations planned to show the intended future for the company ? There has been a PR void by the Company since inception, which needs to change immediately.
IMHO DYOR. GLA.
Argentina is Bankrupt. If the project had any value, the Argies wud just nationalise it and leave BZT with nothing, except the expense of having drilled it, as they did with Repsol's massive oil project in Argentina and THAT was a huge Spanish Company , not a tiny, British Aim Mining Company. They cannot be trusted at all.
IMHO. DYOR. GLA.
It DOES seem quite extraordinary that the Spanish Permitting Authorities should choose to flag up their unhappiness with the Salamanca Project through a Global News Agency, rather than have the Cohonas to tell the BOD of BKY themselves, by letter. It's not an accepted way of doing business within a 1st World Country. Moreover, why was this flagged up so late in the day, when the Mine is half built and a lot of Money and PR expended upon it ? All very odd & unacceptable. Do the BOD have any legal recourse to take the permitting process through the Spanish Courts ?
Mind you, having said the above, BEM a potential Iron miner in Sweden have had their permitting ambitions thwarted for 10 years by a Govt & Environmentalists, which have proved both corrupt AND partisan, despite protestations to the contrary. That process is still unresolved today and BEM is still having to spend shareholder money to survive............
IMHO. DYOR. GLA.
Think you've hit the nail on the head Maestro1. Looks like Brannberg didn't go too well and that's why Merlin left. Sligo Zn deposit seems to be the main interest now and it shows some promise, with clear potential to extend trend to the South. Underground drilling (from Old Zn mine) now taking place, I understand.
Only time will tell, but the price action of the last 4 trading days has been extraordinary and not at all backed up by news. Does feel like a pump & dump organised by punters - not to be trusted, although the speculative potential of this early-stage exploration stock remains. Very small free float certainly exacerbates the volatility.
IMHO. DYOR. GLA
Apologies, my train connection to London was cancelled so I missed the London train & the Prezzo and had to travel all the way back to Lancashire the same day. Thank you So much Northern Trains - you really are a caring, joyous, helpful Company - I trust that a thousand fleas infest your grubby armpits !
It sounds to me as though we are not in a very good place at all, at BZT, as it's obviously going to cost money to further all of the options mentioned and we haven't got much of it left - so Placing inevitable IMHO. To get the mining costs down to $400m seems like a very tall order , and, when you combine that with the hassle and cost of also getting around the Philippine Authorities, it sounds like a daunting task. The market has an uncanny way of pricing these things in.
Eureka is a complete non-starter and the licences shud be surrendered.
I think that I'm going to sell out and put the proceeds into EUZ, which seems to have at least half a chance. I've had enough of BZT B.S.
IMHO. DYOR. GLA.
Sounds
Don't know if anyone saw wot happened at sort-of related company Erris Resources today - Zinc/Lead in Ireland , Gold in Sweden , but it suddenly just re-rated massively on no news at all over past 3 trading days, on high volume (for Eris) as well. Was up 64% at one point today.
Precedent for EUZ ahead of SS news ?
IMHO. DYOR. GLA.
Looks like a leak of news perhaps ? Drill results in Sweden or Ireland - both overdue. Plenty of buying, but all in small PI size, nothing large. Perhaps inspired by the Company Broker Shard capital. Canl't find any other news anywhere - very odd.....
Prob get a speeding ticket from AIM shortly ?
IMHO DYOR.
Amazed by the lack of numbers in the QME RNS - cudnt be more vague and general if you tried. It's like Theresa May saying she's done a good job on negotiating the Brexit package !
Please try harder Hooley and Cuthbertson and tell your long-suffering shareholders wot is actually happening and wot are your actual plans for the Parys Mountain mine ? Vague statements and general platitudes do not tell us what is really going on. I'm sure that QME are not working for nothing, for example, as they appear to be from the RNS ?
IMHO DYOR GLA.
Justsaying looks like a Professional Deramper - probably paid by a MM . Many of them are. Usually a good buy signal, in my experience. Prob see a few "1" or "100" share trades going thru shortly , which will still be larger than JS's total holding !
IMHO. DYOR. GLA.
Must say, I'm pretty happy with LR & MC on EUZ so far - certainly a quantum leap better than Justin Tooth & Merlin. He and MC have both used intelligence (but not a lot of money ) to advance the Toral project over one year , from a time when the company was essentially bust.
I'm much less happy with his efforts at BZT mind, but I think they ARE applying themselves to EUZ in a timely manner and, quite frankly , wot does it matter if the SS dusnt turn up until the 22nd December 2018 - unless UR on Margin or have a CFD or Spreadbet , or T20 position that is !
Rome wasn't built in a day - and neither were Junior Aim Miners that eventually became FT250 Companies (eg Aquarius Platinum & Petra Diamonds, both of which I was lucky enough to own).
IMHO DYOR. GLA.
Well, look at what Vale paid for Once Puma/ outright - it's an very good indication and JM wudnt hav mentioned it , if he didn't think it was pertinent. That was an outright sale. HZM have twice that tonnage. Sure jeffry, it isn't going to re-rate straight to that level, or anywhere like it, till the bid comes in, but what we are looking at here is something called "The Future" - it's something where you don't look backwards all the time. Remember these cows are small - those cows are far away - far away !
I don't care what LO are doing. They clearly have a mandate to get out, with the Henderson Funds they took over - and will have to do so, as they have a professional mandate. Gives others a great opportunity to buy their stock. I notice Glencore , Teck and Morgan Stanley aren't selling.
IMHO. DYOR. GLA.
IMHO. DYOR. GLA.
Agreed totally kentLondon & Hemo.
This is just flannel which says - "we haven't had any offers or got any buyers" - also, we haven't actually been doing anything meaningful for the past 6 months. It's a bit like David Davis saying that he did a good job in the Brexit negotiations, whereas in reality I know that he did Fekk -All for 2 whole years!
I think that we have genuinely reached the point where we need a completely new BOD, who are Full-Time and concentrated on this one huge potential project at Mankayan. Forget Eureka - it's worthless.
After this meeting today, we need to request an EGM IMHO. ****** to the NOMAD not replying. Otherwise, we are bust - and as someone else has said, that MAY be the reason why CB is so quiet - buy it back from the receivers for practically nothing and then reverse it into one of his other failing projects. ? Call me cynical, but I've seen it too many times before in other AIM Miners - especially with the likes of Melissa Sturgess and Steve Dattels.
IMHO. DYOR. GLA.