Nonsense..spoken or written words that have no meaning or make no sense!! Time will be the judge of that...but if its your opinion, I can accept that . So I have stated why I am here...why are you here DS?
Drill programme planned to start in 2 weeks regarding Clontibret... simultaneously progressing Clay Lake...ie at the same time, so does that mean a rns with a more detailed drill programme forthcoming? Is it me or has their been a subtle change in wording and attitude towards ClayLake since the JV . Clontibret has been constantly drilled for at least 30 yrs...they imo are fairly confident on whats there.. Emphasis will change to play catch up at Clay Lake.... With a plan to develop and mine together. A £1 sp will be mcap of £45m fully diluted. £2 sp will be mcap of £90m Multi multi bagger potential..... What sp will 15m ozs and 2 mines mined together bring.? Don't know but rightly or wrongly thats my feeling of how the next 18.mnths will unfold. And why I'm happy to wait and hold. Have a good weekend....
"and not only bringing the Clontibret gold deposit to construction ready status and into operation as a mine, but also simultaneously advancing the Clay Lake gold target in Northern Ireland and other targets on the district scale gold trend in the Longford-Down Massif."
So if I am interpretating this correctly then sometime in the not too distant future the JV could possibly have 3 or 4 mines on the go.
Clontibret will have more drill holes than a sieve come end of May.... Claylake will be the target for the other quoted 7k mts drilling Should hopefully start to move rapidly now...
14 to 20m ozs he estimates over the whole area and thats just to a depth of 100mts... Whats below is unknown but could be more....and yet the Prof has to consistently ramp this this....why? Why are people not investing...and by people I mean those in the know and their chums? Very little interest...doesn't seem right.
Thanks Shez. Quite possible, AIM i suppose now could have possible served its purpose. Where would that leave shareholders and warrant holders? I was thinking more along the lines of a premium placing to Demir at say 50p....but just dreaming again. But the Prof is the kind of guy who backs up his words. Interesting to see what happens...payday tomorrow...another add for me.
Its fair to say the Prof was a little annoyed at the market reaction to Mondays drilling news. He said they had people looking at it? What could he mean by this...are Demir allowed to partake in the purchasing of CGNR share? Anyone any ideas what his thoughts could be...or were they just rantings? Thanks.
So you are saying black is white if you are told it is? Its obviously is not that simple is it? A trade is a trade...no one unless its your trade can 100% state its status....so no not simple!!
So DS in the past I have sold and received a sp above the mid, am I therefore then a buyer? They are trades, you can take an educated guess as to the correct status...but MMs are salesmen and act accordingly.
Minority shareholder protection....not possible to do this until JV is signed, they are stating that it will be entered into....CGNR will be the minority shareholder?