To any criticizers regarding ALBA's Clogau project22 Jan 2021 15:10
THERE IS GOLD IN THIS MINE
https://www.clogau.co.uk/aboutclogau/welshgold.aspx
Some key points:
"During the early 20th century, the Clogau mine was Britain’s largest and richest gold mine producing nearly 2.5 tonnes of gold between 1862 and 1911."
"It last closed in 1998. In 1999 the mine was taken over and held by a local exploration company"
With the new technology ALBA has been using to locate gold, there is a strong chance that they will find more gold than the previous technology did decades ago.
This type of gold has been known to sell for much more due to its rarity:
"The smallest nugget weighed 3g (0.1oz) had a guide price of £600-£700 but went for £4,000."
"The 16.26g (0.5oz) of gold flakes and dust was expected to fetch between £1,600 and £2,000 but went for £10,500."
We may have to wait a while till the results of their findings are published but i expect, along with the price rise in gold itself recently that this will be a key stock to keep an eye on in 2021.