Member Info for NoOneKnows

Where are the pendants they announced 6 months ago ? Only reason I can see is they haven't got the gold they thought they'd have. I have serious doubts about Clogau ever becomming a commercial mine. The Motzfeldt deal is a very good deal for GF and ERM, is it a good deal for Alba shareholders we won't know until the assay results are revealed. As it stands Alba become the cash cow for more exploration. On the plus side we have GROC.

In full agreement GGPT.

As far as I'm aware Alba only have an exploration licence at present so they would need upgrade to a commercial licence if they find enough gold, that could take a while.

It is how money is made and also lost!

We've heard all the clogau blasting optimism before.... after the blasting at the end of 2024..... " promising looking quartz and visible gold" that yielded 11g.

It would be good if they are made public before the GM.

Where are the Motzfeldt assay results due first half of January ?

I suspect the CPR will be followed quite quickly by the prospectus and then another 3 weeks for the GM. So middle to end of Feb ?

If the Alba sp relied on hot air alone we'd be sky high!

It would be good to have the Motzfeldt sample assay results before the GM.. they were expected in the first half of January.

I'm reading Alba will now become the cash cow for ERM... and GF isn't doing badly out of the deal.

I suspect most of the negative comments are from lth like myself and if you think I want to add more you are mistaken ... there will be more raises/dilution before any meaningful income .. if that ever happens.

Maybe we should swap the corporate lawyer for someone who is a mining expert ? At least they would know when to pull the plug on wasted time and money.

Willec... We have a secret project in Finland ?

You could say work is steady... 2 years since they finished dewatering and they've found 11g of gold.

There are some questions if Trump ends up with Greenland... how would it affect GROC's funding from Europe ? How would it affect licensing especially for companies like Alba that are very early stage ? I think serious investors will be waiting on the sidelines to see how it plays out.

I suppose if Trump really wants Motzfeldt he could just buy Alba for a few million.

Looking at some of Willecs maths I'm not sure he could calculate 10%.

Willec at 21p I make that a market cap of over £4bn.

What 12 drill holes ?