Member Info for scotalba

Alba is rock solid. Great buy. My considered opinion.

This article is all about our mine, it gives a fascinating insight to our gold mine from the old days, from guys who were down there.

"We started striking on the John Hughes and after doing down about 12 feet we had to abandon work - just as we believed we were entering richground - because we had not the necessary equipment air compressor, winch,adequate pumping facilities etc"

(Llechfraith level) This vein still carries visible gold all the way down and, here and there, we get tellurium. A small sample which was treated by a friend assayed at 23½ oz gold to the ton

A great read I thought.

file:///C:/Users/dmc40/AppData/Local/Temp/BM3-12-16-synopsis.pdf

Interesting...

https://nation.cymru/news/mp-presents-bill-to-ensure-that-royal-profits-from-welsh-natural-resources-stay-in-wales/

Mark Austin, Alba's Chief Operating Officer, commented:

"These results entrench what we inherently believed in from the start - that the finer size fractions would be relatively enriched in gold content due to the 'free' nature of the gold within the quartz veins. The waste rock dump is in close proximity to our gravity plant and could be mined at low cost, thereby adding a valuable adjunct to our production options, especially as the potential tonnages involved are significant, running into the thousands of tonnes at economic grades."

Yet again great results..Well done GF and ALBA..lets see who can put a negative spin on this one.
I can guess...

The waste material is being processed at the Cornwall external assay laboratory.
Unfortunately in Cornwall they do things "Dreckly" so the results will come when ready.

Of course most of us do not like a falling share price, but I have to agree, good post, dontpanick.
Just on the gold.
Fact...We are sitting on huge deposits high nugget effect gold worth many millions of pounds.
Finding the nugget gold is like looking for pockets of needles in haystacks.
The old timers had to look for the gold with no modern technology to help them find it, and they found it in spades, they got the tip of of the iceberg in terms of the gold down underground.
Even with modern methods and advanced technology finding the nugget gold is not easy, but Alba are doing everything right to find and extract the gold in an environmentally sound way.
Alba's progress so far has exceeded expectations in what they have found so far.
Would an image of GF, showing a handful of gold be good for our share price, then no more gold to be shown for a long time. I don't think so.
Would an image of GF showing hand fulls of gold be good for our share price followed by news of substantial gold recovery soon after, yes that would be huge.
I bought into ALBA purely on the gold mine, I still believe its going to be a huge success.
I think GF is playing the long game correctly and I back him and ALBA 100%

While things are quiet.....For those who missed this first time round...

https://www.youtube.com/watch?v=a7zBy3xdjL0

Well done Alba, keep up the good work.

12/01/2021 Permit application received by Natural Resources Wales
19/03/2021 Permitting application is duly made-basically they have all the information, and now they start to assess the application in more detail.
Timescale for the permit required is up to 4 months from 19/03/2021 as the permit is a "bespoke permit" So we should have the permit by 19/07/2021 at the latest.
All is going great with the permit so far.

Some footage of Clogau Gold mine from Jan this year, if you want to skip the chat the pics start at 2.51.

https://www.youtube.com/watch?v=_O9T93eLzEo

ALBA dose not control the share price. I think that the Alba management team is doing a great job with updates when they have something worth saying.
It is a case of "when" and not "if " the dewatering permit is granted. Natural Resources Wales is 100% behind Alba in everything they do. On past experience the granting of the permit will give a decent jump in share price that will see an end to the 20's. The permit will allow the draining to start and this will be an exciting time for Alba. Alba can not control the length of time to the granting of the permit. These permits are complex, and sometimes have to be revised several times until all the boxes are ticked. It all takes time. Frustrating delays, but to be expected.
We are an exploration company right now, and are putting the process in place to recover the very difficult to mine gold from quartz veins. The work that has/is being done will mean when gold recovery starts we will be getting the gold out in the most efficient way possible. To show a small hand full of nuggets now, then have a big delay before more is recovered and eventually production is started would not be a wise move for long term holders. I think if you believe that the gold is in the ground and Alba are working hard and are competent enough to find it you should not be worried, you should be excited at what is to come. I am holding strong and am happy. I would say good time to buy in or top up before the permit is granted.

Two historical videos, one shows how the old timers really did it. The other is interesting when a guy tells how he found loads of nuggets the size of acorns in our mine. Enjoy.

https://www.youtube.com/watch?v=23JpH8b-tuk&t=4s

https://www.youtube.com/watch?v=yTEvlA2pRus&t=9s

One big huge mistake SCOTGOLD made was promising to show some gold, then when they did, it was such a small amount it made the company lose a lot of credibility and the share price reflected this in a big way, with a big drop. I am happy to wait, and we will see our gold in good time and I am sure it will be in a good quantity. I strongly believe everything is going very very well with Alba gold.

Student, now works for us.

https://hrguestgeology.wixsite.com/hrguestgeology

This was from March 2021..some easy reading.

https://geographical.co.uk/uk/item/3984-uk-gold-the-hunt-for-the-precious-metal-has-returned

I have full trust and confidence in ALBA and George Frangeskides, this spin off totally makes sense to me and is the best thing to do in the circumstances. The spin off is a proactive totally positive move, I for one am very excited at the recent news. I am firmly in the opinion that George Frangeskides is a good decent man, who will do the best for Alba and the share holders.
I would like to say well done George and the team, good job...Keep it up.

I could get out now, still in profit. I see it as very, very good news. I am very excited indeed and I am holding strong. Happy days.

Hi elir71, and all the GOOD Alba people, who know a good thing when they see one.
I said I would not post again on here until we were at 1p as I got fed up with the idiots. When I myself was accused of ramping by someone who I thought was half decent, I decided to take a break from posting. So I have broken my word twice now, I did post an article about welsh gold a little while back, and now this post. I do read the message board everyday, its more fun now as I have about twenty people filtered.
elir71 i think you are a top Alba good guy so I wanted to reply to your post about the couple of £11000 trades earlier.
The two trades in RED both showing as sells of 3,842231 and 3,824848 were me doing the "Bed and ISA"
For those who don't know, the second one was a "buy" as you buy back your shares. For those interested, my sell price was 0.0030 and my by back price was 0.00301 I was very very concerned I may lose a lot of money in the spread, but it worked out just fine for me..
My faith in Alba has remained solid, I firmly believe this will be a life changing share for some, and big profits for others.
Two quick points as I am posting.
The de watering permit is guaranteed, only support for this by locals ,no objections.
Alba is environmently a solid solid company, in Greenland in Lars B, we have the man who will get all the permissions , permits needed and Alba will be ahead of the game in cutting any red tape that we encounter, thats what he dose.
Greenland want environmentally sound mining companies, in ALBA they have one.
Cheers for reading this, and Onwards and up wards for George and the Alba team, and our share price.

This why Alba appointed Lars Brünner, he is well respected for Mining and Environment Greenland. Alba could not have a better man for the job, this news could even work in Alba favors, with Greenland welcoming environmentally sound mining companies with open arms.

Lars Brünner,

Lars Brünner was, from 2014 until May 2020, the Arctic Mining and Environment, Business Development Leader for Golder Associates A/S, the leading international mining and environmental consultancy firm.

Lars has been an Environmental Consultant for more than 25 years, during which time he has conducted numerous Environmental and Social Impact Assessments for a broad range of projects and developed a wide-ranging expertise in environmental legislation, natural resource management, monitoring and surveillance programmes. Much of Lars' work in recent years has been associated with the mining sector in Greenland.

Lars has an M.Sc. in Biology from the University of Copenhagen, Denmark.