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To be fair a positive RNS seems to be the death call for some companies anyway. I am dreading the day we discover a multi-million ounce gold deposit at Cloggy, offtake agreement at Thule and coin in some oil revenue. We will probably be out of business. Ha

More like 1 news announcement every 34 years. Haha! Thanks for researching though

So there we have it, conclusive pricing info and my earlier ill informed comment so controversial even Trump would think twice before tweeting it. Haha! In any case, I think we are at risk of getting a little off topic. I think an update on Cloggy would be nice around now. That said, decent RNS for ECR this morning and the share price bombed...

Well regardless I suppose, if its expensive keep your money until there is something worth reporting...if its cheap I would like to hear about every gold nugget found and every box of printer paper Alba buy

Fair cop, Something I had read on another board and got the wrong end of the stick sadly. Ha!

...are we though? To be fair we have had a number of RNS updates for HH, they have already said that they won't be doing much exploration wise until next year and any offtake/partnership agreement is going to take more than a few months to arrange. Cloggy is the only update that is overdue, but as each RNS costs about 5k to send I would personally rather the money was spent on value adding activity rather than updates without substance. As for the share price, that is for the market to decide. It has hovered around the 0.0020 mark for a few weeks now, but thats up almost a quarter from the 0.0016 we had been at for a while a month or so ago. The BOD can announce that they have a world class gold discovery or deals worth hundreds of millions but if people don't buy then the sp won't move, or will creep up and people will sell driving it back down. Nothing they can do to help that sadly. If you have been here for years already then hanging on for a few more can't hurt given that after all that time it is now that the prospects are looking more clear...if not then move on and go for something with more short term prospects

You take the mine, I will take Greenland...

Spread of almost 30pc - wtf!

The beauty of gold is that it does not take huge amounts of processing to be valuable, just depends if there are commercially viable grades in there. For what its worth, the link to the now very old broker note (2017)
https://gallery.mailchimp.com/d266f47cec87da1170bcd0f35/files/aaf93ff9-ffba-4b1d-a246-9c98b260a207/Alba_Mineral_Resources_Buy_Note_FEL_TP_6.0p_14_Dec_17.02.pdf

Since then, almost 1/3 more shares in issue and Brockham is a no go. On the flipside, share in cloggy almost doubled and indications of significant gold, maiden JORC resource achieved at Thule with chance of significant increase following further exploration and Amitsoq, limerick and other targets in greenland on the go. Next few years should be interesting if nothing else

This had a broker forecast of over 6p pre dilution, or over 200m mcap. Even with an additional 250m shares in issue its a big jump from the 6.8m-ish we are at today, and several of the assets have been developed/scoped since. I for one will also be washing my dishes with the garden hose. Haha!

...thats by no means a bad thing of course! The rampers tend to pile in once something has made its mark and the share price is high in relation to NAV. Thats when you get the amazing claims of £20 quid this time next year etc. Haha

They said in an RNS a few months ago that it would take no more than a month to get cloggy sured up, and as you say there should be news from jay and HH that may have an impact but most of the big news will come next year when they are back in the field. We don't have the hype of other companies yet, this still seems to be well under the radar.

The share price doesn't worry me, I will be increasing my position here for the next 6 months at least.

It would seem none of my posts are appearing...alas, I have been silenced. Haha

https://www.investorschronicle.co.uk/2017/06/01/shares/sectors/a-market-rally-built-on-sand-2PGVRxqya6rwpKeCeU6hOK/article.html an interesting (though old) article about the future direction for ilmenite.

It usually takes an institutional investor or two taking big chunks of shares to really get things moving, and often they join the party later when the projects are more established and the risk is lower. With huge numbers of shares they can leverage even small increases, whereas the poor pi's such as myself have to get in early and try to build a position before its on the big boys radar. As per my earlier comment, the share price now makes no difference personally as if it drops I am happy to average down in the hope that in the coming years we will be at 4p minimum. Bluejay have a mcap over 10 times ours, for Ilmonite alone. We have a similar Ilmenite play, and much much more.

The day to day share price fluctuations are fairly meaningless at this stage to be honest. For anybody who believes in the company, and the potential of the assets held it makes sense to hold until some of that potential is realised, or at least until the company reaches a fair mcap to reflect its NAV. It always amazes me the number of people who will buy in with a small amount then sell a week later and complain that the price is not rising fast enough. I wonder how many Asos investors bought in at 3p and sold out of frustration taking a loss...few years later...70 quid per share. Haha!

I suppose its a difficult balancing act between keeping the lights on and dilution to a minimum, while not selling the family silver. The current strategy makes sense pursuing near term cash generating projects then using that income to develop the other targets. The diversity of the current portfolio of licenses offers the chance for massive income generation while providing protection from the cyclic nature of resources that may impact one-trick mining stocks. We may be a few years off seeing significant income but if even a few gambits pay off then we would be in an amazing position, there are few if any stocks on aim at this price with the same potential upside but markets are fickle

2m buys today vs. 150k sells. Right direction at least, even if the sp does not reflect it

...so that is just one of the many inflection points Alba has obviously. Jay (had) a 200m mcap based on Ilmenite alone, add into the mix Welsh gold, a near term producing oil holding, graphite and other potential gold/base mineral interests and the potential upside becomes ludicrously apparent. As for when the market reacts/people start telling their mates to plough their money in or whatever I personally do not care as a suppressed share price is an opportunity for me. If this goes to 0.0002p I would be delighted as eventually (and probably long term..but hey?) this will come good in a big way assuming liquidity issues don't scupper everything.