Member Info for smasher

In addition to the mineralisation, Baita has approximately 4.6 million tons of tailings on site which assays have confirmed contains copper, gold, silver, molybdenum, wolfram, zinc, lead . Just gets better the more you read up on this mine

Looking forward to a good week ahead With some positive news coming our way, I really hope we get Baita Bihor mine as it is a fantastic asset and one we can start production within such a short space of time. Also with a bit of research you will understand we could be in for a massive upgraded of the resources at this mine as stated in the RNs on the 10 December ( Baita Bihor is a skarn deposit comprising several veins in calcareous sediments in eight distinct pipes. It is estimated, by the Company, to contain 1,800,000 tonnes of polymetallic ore (gold, silver, copper, zinc, lead, tungsten and molybdenum) at 6% copper equivalent or 10g/tonne gold equivalent, at current prices, (estimated in accordance with the Russian Reserves and Resources Reporting System) within the licensed area. It has unmeasured resources in other pipes and substantial exploration upside. Due to lack of capital investment and modernisation the mine became uneconomic and was put on care and maintenance in 2013. Plant and equipment for the mine are in place but require some rehabilitation.) The RNs also stated that the mine had a life span of 15 years at current resources but this will also be extended as and when we get an upgrade of resources. Just to round it off I like this bit also (included in this resource is a 400,000 tonne copper/silver/zinc/lead/gold/tungsten/molybdenum ore body identified within the current mine workings (non JORC but conservative estimations by AFCR geologists) which is ready to mine) . This could be an exceptional year for Vast with two mines going into production so I've upgraded my ticket to get a good seat ready for the show, ......... Hope you all had a wonderful Christmas with family and friends.gla.

Be nice to get a cheeky rns tomorrow that would catch a few out ....

Should be.... saying and job, I see what people are on about with a phone on these sites never mind must try harder before posting.

Remember a few weeks ago a few that banged on say pump and dump jod and no justification for the rise as no news, well let's see in a few weeks time if they say the same or in fact jump in if we get this mine knowing production could be with 3/6 months on both mines and did they get the buy in price they wanted, do we really care as most people's average is probably around the 0.6/0.7 and fingers crossed soon to be well above 1p in the very short term so all happy if it works out . Also very funny how they haven't posted since news of the Baita Bihor mine .

When you read up on some of the reports no one could believe only two years ago the mine was going for 15 million yet we could be snapping up 68% for just over 3 . I think I'm right in saying we could possibly get another 17% of it as well but please correct if wrong.

Hello mate. Yeah been trying to get my head around the Baita Bihor mine and still i'm finding it hard to pick up such an amazing asset for just over 3 million which includes the fund's to get this mine up and running next year, and with still massive potential for upgrade of resources. If we get this mine I will be gobsmacked at this price and a fantastic bit of business by the company that could really push us forward to cash flow next year.

One week hopefully before we get some news. Boy if we get the Romanian mine and get it up and running in such a short time then people were going on about this going to around the 3p on the pp mine in Zimbabwe but what are people's thoughts on getting both mine's in production next year and please lets not go for 27p as I can't see that happening but I was thinking around the 5p + on production but just a guess and could be well out.

Baita Bihor is a skarn deposit comprising several veins in calcareous sediments in eight distinct pipes. It is estimated, by the Company, to contain 1,800,000 tonnes of polymetallic ore (gold, silver, copper, zinc, lead, tungsten and molybdenum) at 6% copper equivalent or 10g/tonne gold equivalent, at current prices, (estimated in accordance with the Russian Reserves and Resources Reporting System) within the licensed area. It has unmeasured resources in other pipes and substantial exploration upside. Due to lack of capital investment and modernisation the mine became uneconomic and was put on care and maintenance in 2013. Plant and equipment for the mine are in place but require some rehabilitation. People were gobsmacked this was going to be sold only a couple of years ago for $15 million and we are with some lucky picking it up for a few million with funds to upgrade and ready to roll if I got that correct. Next year is looking extremely positive for this company if it all comes together and I have built my position like most and await the good news over the next few months that will move this company into production for the first time and slowly over the coming months ramp up productivity with not one mine but possible two. I'll have a bit of that thank you

I get the impression that people around the mine are flabbergasted that this mine could have been sold a few years ago for 15 million dollars . Bargain your bloody right it is, fingers crossed it all goes to plan.

Looking at the info available this mine could certainly be up and running within the time frame given. This mine has absolutely massive potential and that's only what they have at the moment . I found a load more but it just about the 15 million disappearing between all the jv partners, it's a bit more involved than that.

And I love this bit....After digging around 100 meters from the gallery, after drilling performed in the hearth, ceiling and walls of the gallery, they found large reserves of ore, almost inexhaustible. They returned miners and the mine reopened.

Would you like more cos it looks bloody fantastic if we get this

After 1990, and especially after 1997, after the first waves of layoffs in the mining, with downsizing, reduced the production of useful minerals, most of the mines being brought to the brink of bankruptcy, declared unprofitable and closed in order unreported to be sold to certain foreign corporations. Unfortunately this fate and mine had a stain and Avram Iancu. I learn today with this stunning invaluable reservoir was sold at a price of only 15 million by Marin Condescu, union leader at the National Federation of Mine Energy since February 2011. About this deal loser for the Romanian state can be read here .

Uranium Mining in Romania began in 1952, in the Apuseni Mountains (Baita Bihor). Here was detected during the second world war, the plane, an anomaly emanometrica. Germans deposits pretty good shape but have never got to examine it in detail because they were forced to retreat. There are claims that the Russians have taken research plans and operating the Germans and did not do than develop them. The research was done very quickly, in about a year the Company "Sovrom Kvarta" is beginning his exploatatrea by uranium mining the day (career). We worked with political prisoners and soldiers and peasants from the Apuseni amazed wages (for her huge) offered. To what extent did they know what works hazardous substance? It's hard to say ... Because, after years, were found in their houses stone foundations with a high content of uranium, presumably not told anything! The prisoners did not matter anyway - they were "enemies of the people" and anyway soldiers should be proud that they were "patriots" and contributes to "the advancement of the country". However, at least for "civilian employees" part of labor protection rules were respected much better than years and years later, after the Russians had retreated far. Baita career activities took place nearly 10 years. In 1964 the Company "Sovrom Kvarta" withdrew from Romania, leaving relatively polluted places, many workers sick, a colonial town (Dr. Petru Groza, now Stei) quite nice and civilized ... and all activities, site organization and documentation in care "Mine Bihar". Before withdrawing Russians, the tunnel was started in a hellish pace imposed by the Russians (rate that today would be called efficiency) of it is digging a well 400 meters to the surface, near the highest peak of the Apuseni Biharea tip. Subsequently, this well was dug an extensive network of galleries, suite, inclined planes, preparation and exploitation, a total length of over 100 km.

By the 80s, a student at the Faculty of me for a month and a half I made ​​a practice Mina Baita Bihor. It was the first time we enter a mine ore until then just practice performing in several coal mine (Jiu Valley) and lignite (Rovinari basin). Baita deposit contains ore complex (Cu, Pb and Zn), wollastonite (chemical formula Ca3 [Si3O9], a rare mineral used mainly in porcelain industry, there are only seven fields in the world, including one from Baita Bihor) molybdenite (chemical standpoint, a molybdenum sulfide, rare mineral used in alloys, especially as solid lubricant in aeronautics). Baita deposit contains: Au, Ag and rare metals (titanium, niobium, tantalum, bismuth, tungsten). On the other side of the mountain (in the same deposit) is found Mina Avram Iancu, where in addition there are large complex mineral ore reserves of uranium and radioactive Pb. Certification of ore exploitation from Baita there since June 2, 1247 in Knights Diploma John, issued by the Hungarian King Bela IV. In reality, the Baita Bihor ore has been mined since the Dacian ("the elderly", as the locals say) the witness stand several galleries, nowadays closed for safety reasons. Through the years '75, exhausting the reservoir formations ("bags") from Baita and topography of the surface is too rough to start prospecting and exploration classical works by drilling, fired erroneously conclude that the deposit is exhausted mine was closed entirely and staff are assigned in other economic areas in the region. An engineer in the area, arrived in the Ministry of Mines, managed to convince both the minister and Ceausescu, to acquire a US rig latest technology, capable of drilling both vertically, horizontally and diagonally, both top-down and bottom-up. Following the completion of a project, it was decided to continue the digging of galleries dug coast of Gauls and until then inactive. This gallery gallery miners was called "Hope", hoping that they will find ore and mine will reopen. There were four teams digging gallery in four shifts of filing as "tapping" drilling existence or not of the deposit. After digging around 100 meters from the gallery, after drilling performed in the hearth, ceiling and walls of the gallery, they found large reserves of ore, almost inexhaustible. They returned miners and the mine reopened.

Come on a £49 and £83 pound sell really

Agree unless they call it (hold for gold resources then it will fly,

Interesting I brought 116435 shares at 0.53.24 at 14.44 yet 16435 shows as a buy and at 14.55 a 100000 sale shows up hmm I think games are being played as usual,never mind more added to my holdings .

There was once a share specialist called fern who put all his money on coal But he'd made a mistake and now it's to late cos he wished he'd put it in gold.