Member Info for Phoebus

widened the spread to 0.41-0.44. Buys are going through at 0.4134p and being marked red.

No doubt that would be perfect to run through the pilot processing plant. Whatever happens, it seems to me ALBA will be producing gold some time in the next few months.

So near GGP's bonanza deposit and almost the same licence name. Talk about sexy eye candy. Big Dave's a f'kin champ. This one's going to fly big time.

Sorry Parsley, I don't have the thyme to re-read everything on here before each post. Plenty else going on besides ALBA investing. Seems we agree on the insignificance of the warrant exercise. Love your use of the word poxy.

'No more action' ? LOL. There's loads going on operationally at Clogau over the next few months on multiple fronts.

Operations are going a bit slower than anticipated. Some numpties were expecting assays already which was never on the cards. We also seem to have a boat load of share investing newbies on board with next to no cash, who might be more prone to panic selling and shakeout. Everything in the update was positive and points to the steady execution of a comprehensive modern exploration campaign. Plenty of steady buying on this dip. The SP will be back up before you know it.

12.5M warrants Parsley? Come off it. That's a tiny sum. Plenty of folks on here will have more shares than that.

Strange SP reaction to a very positive update. Drop it early, up later I guess.

Couldn't agree more. An excellent detailed update with plenty of work on the go. Nice tiny warrant exercise to add a few quid to the coffers. Good show all round.

That was exactly my thinking. I'm expecting next weekend also.

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Looks like the scourge of tiny trades is due to ALBA being tradable on the Trading 212 platform. Just used their intrument search function on their demo account and it seems that ALBA is one of only a handful of AIM resource stocks that are tradable on their platform.

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Post of the week there SW. Many thanks.

SW, that's an excellent post. Saved me the trouble of crunching the numbers this weekend. Many thanks.

The 160M shares is the total number of shares in the company. I believe that each of those individual shares will be admitted for trading on either one or other of those exchanges but not both, so one exchange will have more of the 160M than the other.

If I wait for the NI 43-101 before investing though I will have missed the lion's share of upside here. The lack of a JORC resource statement was the very reason I held off investing in GGP, thinking the market cap was too high for an explorer with no statment. That touched a £1B market cap the other week and they still haven't released a JORC resource report. I don't intend to make the same mistake twice.

Yep. Whiffs of someone trying to buy in.

a 4% drop is huge ... said nobody ever.

Pete did say that ALBA might get to 0.80p only the other day.

Don't forget TSX closed at 19.2p and is coming online right now. SP moving up to meet it. Good luck if you sold out folks.