Member Info for scotalba

@elir71

1. Just comes down to time and money, they have already got gold from some waste tip extraction, more will follow to make more gold products to generate revenue ASAP. The discovery of a lot more historic ore underground than anticipated which needed to be cleared out, as well as certain further remedial works requested by the HSE pushed the timelines back. Its cost money to produce the coins and gold products upfront, I don't need to tell anyone how to suck eggs.

2. Ask Gerorge F. I don't invest in a company if I don't trust the boss. I just think he see's a good investment opportunity, and needs to get in quick before someone else dose, being confident, that the money will be in coming soon from the gold I think he is doing what he thinks best for Alba going forward.

I wont post anymore for a bit. I believe things are going to be very good going forward, just hope the share price reacts when the news breaks.

Until Alba has revenues sufficient to self-fund their work programs, the primary route for raising money to put into the projects is through equity raisings, no alternatives. The timing of these raises is open to question, but I trust George with that. The alternative to raising capital on the equity markets even when the share price is low, is standing still and not being able to progress work at all, Alba needed the money to make the gold production happen, soon the revenue will be coming in, then self funding will happen.

As always DYOR.

Sometimes you have to read between the lines, Its clear to me, something big is brewing with the Gold Project, when that news is out, I think other" things" will make sense. With the other projects, that is not my expertise, sometimes the saying if you" snooze you lose" comes into play, snap up a potential good deal, before someone else dose. This is the most exciting time to be an Alba share holder, the share price is crap, I hate dilutions as much as the next man, but lets hope, when news comes out, and thing become clearer, the share price will start to pick up again, then keep going up. Alba are sitting on a "Gold Mine" this is exciting..I trust in George Frangeskides 100%. time will tell,but things are moving at pace now.

While Alba await the official results on "gold content " from the lab on the work done so far, you can be sure they have a very, very good idea what they are going to be. The RNS will come when only when the official Lab results are back. Very Exciting times ahead for Alba Welsh Gold project, its been a long wait..but for me to say I am quietly confident, would be an understatement.

Awesome

As mentioned on here today. Scotgold did the auction of gold coins as Alba will be doing. That was in November 2016.

The spot price of Gold at the time was £953 ounce. Scotgold auctioned by sealed bid x 10- 1oz coins, the average price per coin paid was around £2600 (my quick mental maths) if you discount the most expensive one . One coin went for £20,000, but that was bought by the CEO, the other 9 coins went for prices from £3700-£2300.

"any gold left behind" the mine was effectively closed overnight without warning or enough time to remove gold containing rock. So yes gold containing blasted rock was left behind.

Great RNS. I hate to say I told you so and blow my own trumpet but some posters on his board do know things...

"How long before Alba announce they will produce and auction off a number of Welsh solid gold commemorative 1oz coins using gold from the test sampling and drilling? Around ten coins will do nicely. Most importantly it is great for publicity and that should of course boost the share price. This is tried and tested method and can also show Welsh Gold can attract a premium price, and produces a little bit of bonus cash in the process,. With our very own (much maligned on here in the past) specialist ‘mine-to-market’ supply chain consultant Vivien Johnston Glass directing this little project ( shes done it all before) it seems like a sure thing Alba will be going down this path in the near future . I say its the way to go, looking forward to seeing the GOLD coins."

Nice video....all good at Alba from what I can gather...looking forward to next RNS.

It's very much "no news is good news right now" , that is how I see it.

No man with dog news from me. I am not concerned about the lack of news, I take it as things are going well.

Congratulations to George Frangeskides, Mark Austin (hope you enjoyed that first blast!) and the Alba Team.

Agreed Ocelot, GF "relaxed and on form" nice video. Note he gave his appreciation to us shareholders. Yikes!

Keep up the good work Alba,appreciate the video's.

Correct Robbie, we are near to starting blasting, I did say "we are now blasting" in my previous message, my typo error. As regarding info, I do not have and do not expect to get any info on any dates for thing going forward that are not out in the public domain . I may pick up some info on my next trip to the mine, but until then just waiting on the RNS's, like we all are right now..

Not been able to post for the last couple of weeks. So things are progressing very well and at pace with the mine exploration. Was good to see the share offer was oversubscribed. No surprise that Alba need to raise money ,no one likes a dilution, no one like a poor share price, including me, but I am not phased at all, still a happy RAMPER, whoops , I mean Camper .. Alba need the money to produce the goods, that is just the way it is for Alba right now.

I have a lot of green"filtered" comments on my message board looking back over the last week, and indeed I am reading some people defending me. Thank you to those of you who have spoken up for me. I am a good honest investor with some inside knowledge of some things, no hidden agenda. I can only imagine some vitriol that has come my way. I still do believe GF is also good honest man who wants the best for Alba and the share holders and is desperate for this to be a success, and Mark Austin is the best at what he dose, and he is very excited to get the blasting under way for sure. Our new mine manger is highly thought of, so good luck to him. You know my thoughts on Vivian Johnstone Glass, no way she would be involved in a "life style company" no way at all. I am happy and excited to be an Alba share holder, the monetary reward I hope will come, with gold and publicity, in time the share price can recover and go on to much better things, I do believe so.

As posted on here recently..Graham W Hall, Gold Mines of Merioneth is the best book to read if your interested in the mine, endorsed by Mark Austin also. On the technical side, the drilling was never about finding gold, its only about structure, its the blasting that finds the gold, we are now blasting, so I am excited about that. Thanks again to the guys who have stuck up for me. As always DYOR and good luck to Alba and all good genuine Alba investors.

Nice update Alba thank you.

A noteworthy RNS.

Things going to plan.

Lots of work been going on, a special well done to Mark Austin, you have waited a long time( as have all us share holders) to get stuck in and do what you do best.

Keep up the good work Alba.

Agreed Robbie,

I think your on the right track with your last comment.....

Nice RNS this morning.

Alba team are working hard. Its great to see so much activity going on this year after the years of being held back by NRW permit applications. Welcome to our new mine manager also. Keep up the good work all at Alba, and looking forward to the next update....

Ocelot,

My confidence in Mark and George is not just based on my own research and knowledge of Alba.

Mark Austin, I have met and talked to at length and I found him a very intelligent, honest, genuine man who has nothing but Alba s best interest at heart, he strongly believes Alba will be successful along with Greenroc. George Frangeskides, while I have never met him in person, I have been told by people who do know him and have and still are working with him, that as the "Boss" he is "THE JEWEL IN THE CROWN " and a better boss they could not wish to work for/with. I say that in terms of a driven man who like Mark has Alba best interests at heart( shareholders interests). Peoples opinions on this board may differ, I do not however give much credence to most of the negative comments on this board, I trust the people who know what is going on behind the scenes and that is George , Mark and others who work for the company.

Appreciate your posts Ocelot, always informative.