I recall someone saying on here that George doesn't fuss too much about PR / share price. It looks like were going to have to wait until we get better results in a few months.
FYI remember we have Greenland.Alba's Graphite supply may be worth much more than their Gold supply.
This will be a no brainier when they can get the go ahead to recommence mining on site this will rocket.
Now i wish i bought last night before close... lol
Can we see PHE releasing an update soon? They must have some news surely!
I might be imagining things but did PHE update their website in December? Can anyone clarify?
I wasn't sure if you were being sarcastic or not.
https://twitter.com/AlbaMinerals/status/1355200629275291653
Apologies been off the form for a few days.
Thanks for the lovely introduction Scout! You sound a bit stressed have you tried going outside for a walk to clear your mind?
Projects like these catch the eye of many possible large investors due to the low cost in comparison to other projects which can surprisingly vary a lot. This can be a game changer as the technology is allowing for environmental targets to be met at a much lower cost.
Anyone with a bit of intelligence would realise projects like these are the way forward and have huge benefits for everyone involved if this company can get new orders.
Id give this a couple months before we begin to see any real changes. Fingers crossed they can get the funds based on evidence from the mine.
New technology being used in a mine that has been closed for 20 - 25 years might find something worthwhile to generate a worthwhile profit with the current gold prices.
Hello im new to this chat but ive been keeping an eye on this share for a couple months.
Could we possibly see orders from various Third World countries ordering these type of pellets who rely on Coal as their main power source?
The huge advantage of this is that the cost of buying these pellets is far less compared to buying new equipment (Solar panels, wind turbines etc.) when you can continue working coal power plants.
The potential is there and it may be a game changer for companies looking for a cheap renewable alternative.
Thank god you weren't in $EUA lol
It makes sense waiting a few months if there isn't any news about the mine due for some time. ALBA have said the same thing.
Most of their employees are outside recovering samples at the moment. Patience...
Its making me question if ALBA will limit the supply of gold they will sell if they start full time operations up on the site. Many sources online have said this gold is much rarer than other types of gold found across the world.
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.
Thanks for the reply. Its worth to keep an eye on in early march. People will buy into this if they know its going to be big
I know its probably been said a few times but when are we realistically going to get an update on their finds? Will it take a couple months?