Member Info for scotalba

Https://albamineralresources.com/activity-updates/business-model

Have to use the filter on you Robbie, your posts have been getting irrational in my opinion. Of course your welcome to your opinion, but I don't want to read them anymore.

All the best with your investments

Cheers for the update Herbert.

Thanks to all those who reported back on the mine visit, much appreciated.

Https://albamineralresources.com/activity-updates/project-insight-greenrocs-amitsoq-project

@GoldnOilDigger would have LOVED to have visited, circumstances don't allow it at the moment. Another time maybe for me. Would have been great to go into the mine, ask some questions and to see the those Gold coins in person.

Looking forward to hearing about the site visit from anyone one on here who attends. -site visits for shareholders -not something a "life style company" dose often, I would think. Alba are in a good place right now.

Good update Alba,

Ocelot... I Apprciate the number crunching, and your other well balanced thoughts and information that you regularly provide . Also appreciate all the other rational comments by posters on here.

Keep up the good work Alba, many obstacles have been overcome on the path to find gold.

If anyones interested. Some coins/medalions were minted from Welsh Gold- (only 18 carrot 1/4 oz) some years ago, Limited edition of 3000, some details below . Easy to find some prices ect on the web.

3,000 1/4 oz Welsh Gold medallions were issued by the Royal Mint in 1989, made of 18 carat gold, all sourced from Welsh gold mines, and weight 1/4oz.

The 1989 Welsh gold sovereign medallion is housed in its original leatherette presentation case. The case has a gold etched Welsh dragon on the front.

Only 3,000 medallions were issued by the Royal Mint in 1989.

Wales, Quarter-Ounce Welsh gold sovereign medal 1989, Dragon left, WELSH GOLD 1/4 OZ AUR CYMRU 1989

Wales, Quarter-Ounce Welsh gold sovereign medal 1989, Dragon left, WELSH GOLD 1/4 OZ AUR CYMRU 1989 around, rev. harp with laurel and oak, daffodil, stylised Welsh maiden, ARGRAFFIAD CYFYNGEDIG (limited mintage) around, numbered on edge 0323, 18ct., in Royal Mint case of issue with certificate. Mint state, scarce

Note: The gold was mined at Gwynfynydd, near Dolgellau, operative from 1887 to 1998. We note that another example made £2100 hammer in auction in 2017

Sold for £1,900

Limited edition of 3 coins right now, with more maybe added to the edition before the auction.

When the coins ( however many) are ready and the auction details date announced and indeed after the auction has taken place, will be the time for the max publicity push.

3 beautifull 1oz Gold coins..1oz of our pure Welsh Gold, nothing added just our Welsh Gold.

Great to see them..Well done to all at Alba for making it happen.

@ Robbie the RNS on coins is a very big deal for Alba, a standalone RNS on the coins shows shrewd management thinking. Expect it to drop sooner rather than later.

Fantastic RNS! The plan is coming to fruition in a BIG way. Well done Alba, Keep up the good work!

I do like the bit about sulphide mineralisation. The Fat lady is almost singing about the "Gold" in our mine. Modern techniques, follow the science, this is getting exciting!!

" Large amounts of visible sulphide mineralisation encountered in blasted rocks. The high level of sulphide mineralisation within the projected payshoot considered good indicator of associated gold mineralisation"

Sulphide mineralisation=Galena=GOLD

"The occurrence of certain minerals can also

be linked to the occurrence of gold. In the Clogau St. Davids

mine (Wales, United Kingdom), the appearance of galena

and/or telluride minerals was indicative of the presence of

gold. Thus, the occurrence of a specific quartz texture or

mineral(s) can provide some degree of confidence during

exploration/evaluation that a gold-bearing domain is pre-

sent" From a paper entitled Classification and Reporting of Mineral Resources

for High-Nugget Effect Gold Vein Deposits.

@Robbie

A couple of things,

Don't get to caught up with grades, with the Welsh gold premium, and the fact that we will be prouducing products that will will further mark up the price of our gold, grades as such,are not such an important facter considering the nuggety nature of our gold. Investors have to use common sense and know what Alba are dealing with here. Alba need to educate people so they know this, and I think they are trying to do so, hemce the last video.( George looked tired in the video as he has been working hard, and doing alot of travelling lately, I suspect)

Maybe back in 2015 or when ever it was, some poeple may have thougt getting into the "Amitsoq" project was " a crappy investment" so GF may not be as " bad" as you my think he might be, infact he could even be smart and a decent guy who wants the best for us share holders.

"The JORC standard allows for reporting of veined deposits, it is absolutely normal to do so"

This statement over simplifies what is a very complicated issue, especially in Albas case with Clogau. I think its very wise that Alba will not be going to open the JORC Pandoras box. GF knows what he's doing with this, I would say.

Nice video, A very confident GF who seeems to have the wind at his back..

@ Robbie/Ocelott "From the test gold production to date, the Company intends to auction a limited run of commemorative coins in the coming weeks"

Just speculating of course...Alba have the confidence and are pressing ahead with plans to commercialize the mine without having official "assay results"

Alternatively, they could have put the progressive work on hold, sent of some samples and waited for assay results before deciding whether to go head with the route to commercialization or not.

Something tells me Alba know what they have down in that mine and its not fools gold..that is my educated guess. The nature of the gold that Alba are after makes such decisions easier without lab results, the information is all out there as always DYOR.

I think we can all agree that Alba in the near future will produce a limited run of gold commemorative coins that will be auctioned off. The big question going forward is... what will be the premium on the price of Welsh Gold be?

I think Alba will be in a strong position to shake up and take control of the Welsh gold market by, to quote VJG "establishment of a robust chain of custody to prove the unique provenance of our gold and thereby justify the high prices we expect to be able to secure for our products"

At the moment, who has Welsh gold, the King, has what remains of his 1kg bar, that will stay for Royal use only. So that leaves the Clogau Gold Company they have, what ever they have left, no idea how much they have, I suspect not much. I do not know of any other decent stocks of the Welsh Gold that are in existence that can be used commercially.

Right now if you buy from Clogau Gold the % of Welsh gold in a jewelry product "that contains Welsh Gold" is infact unknown to the buyer. The amount of Gold contained, is a "family secret" just like the KFC recipe. I did not believe it, but I confirmed, its true. You know the product has some Welsh Gold in it but you have no idea of how much. Mostly the Welsh Gold in their products is contained in the "rose gold" element of their Jewellery, and its just a % of that rose gold element, its still mixed with other gold, have a look at their products and it will give you an idea of how much welsh gold is used, I would say a fraction of 1% per product in most cases. Its not the Welsh gold that gives the rose color either. To top it off, who certify the amount of Welsh Gold going into the Clogau products..The Edinburgh Assay Office ... and the best they will tell you, is that pre determined quantity of Welsh gold is contained in each Clogau Gold product. Alba can take control..get the Royal mint to certify and hall mark all new Alba Welsh gold, VJG can do her stuff and the value of Welsh Gold can hit new heights going forward.....The luxury Market is crying out for decent certified Welsh Gold . Any thoughts Welcome..

Alba got (the previously much maligned-on here ) Vivian J Glass signed up for this very job and now its coming to fruition, and Alba are very close now--Welsh gold occupies a unique place in the gold market, putting us in a good position to pursue commercialization opportunities such as entering into a joint venture with a luxury international brand for the

production of bespoke or high-end jewellery products or producing Welsh gold coins or bars for the investment

market. To that end, we have been working with a gold supply chain expert, Vivien Johnston Glass, as we seek to

maximize the commercial opportunities presented by this exceptional project. Vivien has a strong commitment

to ethics and sustainability and a great deal of experience in the establishment of a robust chain of custody. These

elements will be key to our ability to prove the unique provenance of our gold and thereby justify the high prices

we expect to be able to secure for our products.

Exciting times ahead.....

"The offer was available on fewer platforms than previously which MAY have contributed to the lesser take-up of the offer"

Was true in my case my , I bought on open market after contacting my broker.