Member Info for schlemiel

thanks PG

due to breakout?

Erratum : 'Let's face it'

Seen it but Lenigas doesn't have the finest reputation. In fact he's universally held in contempt by most private investors. Personally, based on his personal and professional involvement in the Paterson region, his opinions and musings are still worth noting. Let's fact it, he's closer to the action than any of us are

I don't dismiss him though I understand why many do

https://www.businesswire.com/news/home/20200623005454/en/Metal-Tiger-plc-UK-Regulatory-Announcement-Appointment

Michael McNeilly, Chief Executive Officer of Metal Tiger, commented:

“I am very pleased to welcome David Royle as senior technical and geological adviser to the Company. The team looks forward to working with him and believes that his vast knowledge and broad deposit type and jurisdictional experience will add tremendous value both with regard to managing existing investments and with the assessment and due diligence of potential new investments.”

''In addition, he oversaw the substantial expansion of mineral resources and reserves at the Telfer gold mine''

pe - Hopefully soon mate....to all of us

I don't wanna chill and enjoy the sunshine. I want the price to go up to 15p+ so I can then move to the countryside and then chill, enjoy the sunshine and watch sheep safely graze

getting away from the madness that has descended upon this nation is my only priority. A rising share price will finance that process of escape from politicisation and intense propaganda...

I don't see the buyer. I see a seller. Subtle distribution. Price is anaemic which imho suggests feeding of stock. I still think it's the W & O (warrant and options) drag which is a positive since it implies a degree of forced selling rather than selling related to company fundamentals. Time will erode the selling drag

mt - thanks

I bet the initial MRE is already being worked on

''In addition, Metal Tiger has invested A$250,000 in Aim-traded Thor Mining (THOR:0.35p) to lift its stake to 147m shares, or 11.46 per cent of the minnow’s share capital. Thor has successfully raised money from Australian investors and secured an option to acquire highly prospective US uranium and vanadium exploration projects. Metal Tiger’s chief executive Michael McNeilly believes the outlook for uranium demand in the US is likely to be particularly robust, hence the exposure to the commodity.

I also note positive drilling news from Aim-traded Greatland Gold (GGP: 12.15p) in relation to the Havieron gold-copper discovery in the Paterson region of Western Australia. The project is being developed under a farm-in agreement with a wholly owned subsidiary of Newcrest Mining (ASX: NCM). Shares in Greatland have surged 572 per cent this year, placing a value of £1.1m on Metal Tiger’s shareholding.

Another positive is a proposed 10-for-one share consolidation that will become effective on 1 July. The aim is to improve marketability of Metal Tiger’s shares, reduce their volatility and narrow the bid-offer spread. My new target price of 3p values the equity at £45.6m. Buy.''

https://www.investorschronicle.co.uk/comment/2020/06/22/six-small-cap-buys/

Merc -

Do us all a favour fella and spell it out in plain, simple English for all those, like me, whose IQ is symbolised by a singular digit

Appreciated

That is exactly what is happening

at present...wished he'd feck off

Rio Tinto PLC (LON:RIO) is also active in the area and has completed 110,000m of drilling at its 2017 Winu discovery, with results including 681m at 0.49% Cu and 0.33g/t Au. Other exciting developments include Antipa Minerals Ltd (ASX:AZY) signing A$60mln farm-in deals with both Rio Tinto and Newcrest; and Independence Group NL's (ASX:IGO) A$32mln farm-in to Metals X Limited's (ASX:MLX) Paterson Exploration Project.

Within the Paterson Province, gold mineralisation is linked to specific trap structures associated with regional-scale basin bounding faults and granite emplacement. ScandiVanadium has benefitted from the exploration successes of other companies working in the Paterson Province, using the available geological information to refine its targeting methods. ScandiVanadium is confident that the Pascalle Project has all the right geological features to potentially host significant gold mineralisation.

cont......

ScandiVanadium's newly acquired projects have an exciting exploration pedigree

Proactive's mining analyst, Ryan Long, appraises ScandiVanadium's recent acquisitions in two areas that will see substantial exploration dollars being invested.

ScandiVanadium Ltd (ASX:SVD) recently entered an agreement to acquire 100% of two prospective projects located in Western Australia: the Pascalle Gold Project, located in the Paterson Province; and the Gnama Nickel Project, located in the Fraser Range.

This strategic development gives the company exposure to some exciting exploration provinces in Western Australia, around other high-profile discoveries.

I caught up with chief executive officer David Minchin, a geologist with 15 years’ experience in exploration and mining, to discuss these latest acquisitions and the company’s plans to advance them.

The Pascalle Gold Project covers an area of 75km2 within Paterson Province (Figure 1), an area that has seen some exciting recent discoveries and major farm-ins. ScandiVanadium’s Pascalle licence is situated less than 15k kilometres (km) south-east of Newcrest Mining Ltd's (ASX:NCM) 32mln-once Telfer Mine, but due to a relatively thin 20-50 metre layer of Permian cover, it has remained largely unexplored.

Greatland Gold PLC's (LON:GGP) 2018 Havieron discovery, located 20km to the north-east of Pascalle, demonstrated the success that can be achieved through the use of geophysics to look through Permian cover, opening up a new phase of exploration within the Paterson Province.

Havieron captured the attention of Newcrest Mining in 2019, leading to a US$65m farm-in. Since the farm-in was announced impressive drill results have continued to be returned, including 82.1 metres (m) at a grade of 2.4 grams per tonne (g/t) gold (Au) and 0.08% copper (Cu) from 557.6m (HAD066), 109m at 6.3 g/t Au and 0.71% Cu from 668m (HAD059), and 275m at a grade of 4.8 g/t Au & 0.61% Cu from 459m (HAD005).

cont....

Pro--active article - LSE won't let me post the link...check their site

thanks PG for efforts

NCM price = $35
Gold in July 2019 = $1400/oz

21 June 2020 -

NCM = $30
Gold = $1744

So we have a higher gold price and yet NCM's share price is on its ass. That can only be explained by poor management, operational issues and lacklustre company earnings.

Is Newcrest a sitting duck for a larger player?

2 June. I sent ST one and Salier (Sprott). ST didn't reply, Salier did reply though his response was merely administrative, as it were

I emailed ST but he never replied