Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Hello all,
I am still new to this stuff, and was reading the latest RNS regarding Clogau. Within they reference 20.4 - 165.5 g/t from a certain Lode.
The world gold council grades between 8- 10 grams a tonne good.
Am I missing something here - or rather I feel I am missing something here. Surely I am not reading the RNS correctly, else wise it would not explain this SP being so low, if the G/T was so high?
As I said, I think I am misinterpreting so if someone would be willing to take a moment and put it into lay terms I would be very appreciative.
Many thanks all.
Noobz I think you may be right. For me though I am holding a number of decent shares now and I don't want to lose numbers transfering over and debuting at their inflated SP.
However regards Alba at least I may sell them out and buy again with another platform. I shall think on what you said. Thank you.
The share price has not been updated on 212 since Wednesday (I know I know ...212 it serves me right) but still showing there as .272
Maybe it's one as others say. Put it somewhere, forget about it for a good year or two and come back.
I've set a limit now and at that I will sell. I really truly do not want to, but I cannot see this improving any time soon.
I do not blame anyone at all. I hope it starts to increase in the next few weeks or months but if my lower limit hits I'll need to bow out and just come back in later.
However, I have the utmost respect for those who've been here for years and are holding strong. It's real dedication and faith, and I hope it is very well rewarded.
Here is hoping we start upwards soon.
I agree with your sentiment. However, I think the plan for the exclusivity deal at £500k was an attraction piece. They can charge - potentially - more to others as they look to use the DMG system PHE has designed. Or at least that's how I read it. But youre correct. It would be nice to see a few big waste companies buy in.
I believe we will hover between the 25- 30 range. If the news and RNS that have been released recently have not been enough to get this started, I honestly don't see it going anywhere fast.
That's NOT to say this is not good. It's a chance to buy in if you wish, and at bargain basement price. But I do think that whatever powers may be are keeping this down. Added to that the sentiment is dropping off.
I would hope within six months, more RNS and hopefully positive news about Clogau and not more delays and stories of spill dumps this could get up to 50 or even higher. But until there is something tangible and visual this will stay.
There are a lot of very intelligent people on this board, and they evidently know what they're on about. It's why I enjoy coming here, to learn a lot. If they can see promise that's good. But to a large minority of traders and PIs all they will see is a mine not producing gold and Greenland needing funded. And that won't inspire confidence along with the lack of owners buying or taking on any shares recently.
I think you're right Abdalian. I had a read about him and thought to myself he sounded a bit dodgy. But, to give him his due he knows how to sell an idea, how to talk to potential investors and get people and companies on board.
So far he has actually not done anything to ring any alarm bells. I am confident in him and Dave Ryan.
Thank you BT, DR A and Markrops.
BT in regards to the potential for building on by product, it makes me wonder if it could be used for future builds for DMG - at least foundation work etc.
Noobz
Lol love the "get GF'd" comment. I think it could catch on.
Markrops,
Thank you for your assesment. Out of interest, regarding the plastics previously disposed of; the burnt stuff there is not collecting back evidently. But landfill and the such, would you asses it could be retrieved for use in a DMG? Or would it not be cost effective enough? Just as an interest point. Regards.
Testpack,
Thank you for taking time to respond with a considered response. I am truly sorry you believe my IQ and others here is below 90. I have always found that those who talk down others regularly have confidence issues or worries. But no one here is going to judge you.
I am open to your comments. However to quote a wise man: "When you talk (in this case type) you are only repeating what you already know. When you listen, you may learn something new". I have found generally that the more someone praises their own intelligence and parades it, it MAY be a sign of narcissism. I am not saying that is you. I have seen you can be respectful. But can you understand why it can appear the case?
So I'll not filter you. I may even learn something from you. And I hope you have had a good day too. With respect.
Testpack you know what? I am glad you are here. Truly. I deal with difficult and unpleasant characters regularly in my line of work, but I have rarely met someone as combative or unpleasant as you. But, I am grateful you're here. It allows me to practise my patience.
You feel the need to insult and attack members of the board constantly. There was nothing in my post to name individuals but if you done some soul searching and came to certain conclusions that's on you.
So, say what you want and post what you want, I am not going to filter you. I had a whole list of bile I was ready to fire off at you. That was my bad. It made me a weaker person. I have not and I've controlled it, so thank you for helping me develop my self constraint. I hope that what ever had caused you to become such a person gets resolved. Truly. With Metta.
I never understood traders and PIs who either claim to have sold out or seem determined to portray a company as a failure.
If you've sold out, why hang about? It's like a casino. When you've no chips on the game you leave the table.
If you think the company is a failed enterprise, why hang about? There are literally hundreds of aim companies that are dead in the water. Do you post on all of them? What's your parameters to choose which BB to visit and spread tales of Armageddon?
Yes I am all for healthy debate, and well thought out reasoned critical analysis. But if that's all you ever bring to the party I start to ask questions. What's the motive so to speak. If you're not happy or dislike the company move on. If you think it'll fail, take your money and walk. If you cannot see any positives cash out. But don't stay and blatantly try to demoralise all positive discussion.
As we stand the rise at the begining of the year was supported by nothing. I personally am delighted to see a drop in SP because it will give me a fair chance to get more shares without moving my purchase price too high.
I'm sure some samples are due mid may time. However, I may have missed them if early or be confused.
Now that is some great news!
It strikes me someone is trying to keep the price down now or to see if they can shake it a little with these bounces.
It's true. A grade of 1-4 g/t is counted low grade while 8-10 is good supposedly. In this case, were marginally over low. And as you say it's better than no gold. As others have alluded to it's only a core sample AND it's some of the most expensive gold in the world.
So yes, not what we where dreaming of -yet. However enough to be encouraging and offer up some more sentiment I hope.
MickeyMix and interesting perspective you have.
If there was something afoot surely the BoD would be buying even modest shares as a sign of confidence. Their lack of buying would surely go against your sentiment?
Just my own thoughts. In three weeks time we shall have understanding of where we truly are. (If the ASSAY results get through and do not take months like the last set)
Dr A and Potluck thank you for clearing that up. That's that issue now resolved and can be laid to rest.
To be brutally honest I don't see it getting much worse. I'm hoping a month and it'll either settle between 20-25 range or it'll be shooting upwards on good news.
The other quietly considered thought is, will this just crumble completely now and the business fold. But I cannot see it happening.