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Frankly, this is my plan.
EUA then HZM.
EUA has a little way to run yet. Fund inclusion coming up then sale.
I’m gambling on it being done first. As I see this having a similar run next year but I don’t have enough bandwidth for both.
I’ve been recommended a Bruichladdich.
Love my Whisky peaty. Believe it or not, the smell is exactly like the wet dirt of the fenland (where I am from).
Smells like home.
I’m not worried. I see this placing and share price after this RNS as an absolute gift from GF.
Not only has he told us there is gold there. He’s actually held the price down for you us to load up.
I am out of funds as I have bubbling interests elsewhere. But when that sale happens, the profits are coming here.
As ever, DYOR.
No harm in checking your own research by relaying it to another.
It's their risk to take the word of someone on a BB.
drill core sample itself is cylindrical.
as i understand it, the Lode is the gold containing quartz vein. this means that the main Lode that has produced all the 15g/t gold historically continues up to the core drill intersect point. there is gold from the last face dug to the core interesection is the inference.
you need to look at the map on the pdf version.
https://www.rns-pdf.londonstockexchange.com/rns/2011H_1-2020-12-1.pdf
it shows there *could* be as much gold in the mine as has already been dug. And this is just Clogau.
Finding actual gold in there is like hitting a needle in a haystack L002 and L003 are drilled to intersect the main Lode alignment at specific points along the cores. At those points, there is GOLD. that means that the main Lode extends from it's current line, through L003 and to L002. We would have been happy to see quartz still at those points as that would infer the gold was still there. To actually get gold in them as well is mega. It basically says "Mine this way for gold".
I can't find the core drill diameters so i can't check your figures but i would say it about 150mm in diameter.
No, this was the underground drill cores
Anselmo - this is where my other miner profits are going. Along with a nice bottle of Malt.
The placing was a gift of a purchase point!
This is confidence. Assays.............BOOM.
Assays from the bulk should do that.
Treat it as a gifted entry point from the placing and smaller rise here.
Only Whisky in this house ;)
Reinvest into something else. Just the start for me.
Well, paying off my mortgage at my current investment level would need a share price of about £23.
My plan is to use this stock as a savings account. I get no return in an actual savings account and this has had significant upside. It only gets half the money though. My plan here is LTH until something happens that means I need the money.
If I am fortunate enough to make investment work for me, I’ll revise that position.
But of a leading question........
Are you ramping?......
:p
I rarely post, and I’m careful when I do for just this reason.
You know when we used to have local pubs, and everyone would be nattering away nicely, then ‘that guy’ walks in who likes a bit of ‘bants’ and he sees it as a bit of fun. Meanwhile, everyone plays along but secretly thinks he’s just a nasty POS and you can’t brush of horribleness as ‘bants, innit’.
We seem to have a BB full of those guys. You’re just being ****ty.
Gains from Assay would have been affected by placing.
This way the Assay affect the placing change and allows an opportunity to capitalise. Seems this way is better to me.
Also, you could just forget about ALBA.
Come back in 5 years and the price could be 25p. Then your 200k shares would look lovely. Al hypothetical and dreamland before the fun thieves arrive.
This is exactly why you don’t invest what you can’t afford to lose.
The other thing is. It’s just a paper loss until you sell.
It’ll go back up. And it doesn’t need to go far to make you a fair bit of money.
12% drop on payday is opportune.
Invest it. Stops me spending it :D
Well, the crown are only taking a 4% slice and the recent licence (yes I’m avoiding spelling it) was painless.
So......
Higher share price isn’t cash.
Cash in the bank gives you speed of decision and flexibility.
As soon as we are selling gold, then they might end the dilution as there will be an income.