one4all
22 Nov 2017
last RNS is laughable tongo licence...in last 6 months processed 750 tonnes of gravel, so in 24 weeks working 5 day weeks thats 120 days or about 6 tonnes per day processed. Two men with shovels could do that each day it 500kg per hour shovelled away. 98 carats of diamonds thats 4 carats a week ...please..26 grammes of gold tats less than an ounze of gold..so in six months that possibly £100,000 of revenue.In 6 monthsthis is not viable
Droid#1
28 Apr 2017
Fortune Favours the Foolish.. Lots of speculation that players are taking a position and that stones will 'appear' suddenly? Oh well i've hardly got a fortune invested. I think i'll see whwrw this goes, I bought back into FRR before it received a much needed CPR (as in Cardio Resus not the other context) maybe i'll get equally lucky entering at this level?!GLA
Droid#1
23 Apr 2017
Re: MOVEMENT!!! Movement in which direction? I thought the current entry price was worth another punt (having sold out before this descent) but I fully expect this to evaporate.Has anything much changed then? Just pending more wash news?
alltold9
20 Apr 2017
MOVEMENT!!! Think interest in GSR is developing!! News about to break?
Ripley94
21 Nov 2016
Re: Q&A This was on Tom Winnifrith death list June 2015.... seems to have survived lol
wheelds
16 Nov 2016
Re: 26%^ Why? Latest update:- 3 diamonds already found in 3 days:-"Following completion of the vehicular road access, as announced on 31 October 2016, the local washing plant and ancillary equipment was relocated and assembled at a strategic location close to both the newly-built security house and to the existing stockpile."" This local plant was commissioned on 13 November 2016 when gravel washing operations commenced. The initial wash, of about 6 tonnes of gravels from the existing stockpile, has recovered 1.69 carats of rough diamonds, comprising three diamonds, to date. In addition, the next prospective sites from which gravels will be extracted and washed have been identified,"
wheelds
03 Nov 2016
Re: 26%^ Why? 31st October 2016"As a result of creating and building the new vehicular access, the Company will also now be able to mobilise an excavator to the Baja area to carry out further gravel extraction and bulk sampling operations, thus improving the operational productivity. Feasibilitiy studies are currently being carried out to identify the next prospective sites in Baja for further gravel extraction."
wheelds
03 Nov 2016
Re: 26%^ Why? 31st October 2016."Further to the announcement made on 7 October 2016, the work on building the vehicular road access to Baja Site 2 has been completed. The modified local washing plant and ancillary equipment are being transported to the site and, barring unforeseen circumstances, washing operations are expected to commence during the first half of November 2016."
Nice to Michu
02 Nov 2016
Re: 26%^ Why? anticipation, I guess... it's finally full steam ahead on gravel extraction / washing on the two big licences
Droid#1
02 Nov 2016
26%^ Why? No RNS to explain or not..
Droid#1
13 Aug 2016
Bank of England Demand Soars for Gold ShareCast News) - The Royal Mint saw demand for gold soar in the first week of August after the Bank of England cut interest rates.The Mint experienced a 25% increase in transactions on its bullion website after the BoE voted to slash its benchmarkADVERTISEMENT rate by 25 basis points to 0.25% on 4 August, the first cut in seven years.Investors turned to gold bars and coins - with the Mint seeing a 50% increase in sales- as opposed to cash and bonds, which are considered to offer diminishing returns, worsened by lower interest rates.The price of gold has risen by 45% in sterling terms and 25% in dollar terms so far this year."It's worth pointing out gold is by no means a one way bet - in 2011 it was trading at above $1800 an ounce," said Laith Khalaf, senior analyst at Hargreaves Landown."It's an insurance policy for the rest of your investments and as such should make up no more than 5-10% of your portfolio."Khalaf added that although the stock market has been doing well of late, it had a rough start to the year and there was abundant volatility around the time of the European Union referendum. "That helps gold," the analyst said.Gold was trading at $1347 an ounce at 1700 BST on Friday.
Droid#1
24 Jun 2016
Brexit Affect Gold is going up owing to the uncertainty. This should bode well if we can declare something following the washing.GLA. D1.
Droid#1
13 May 2016
Load up now or never.. Get some...
Droid#1
28 Apr 2016
Re: Good News? Thanks very much NtM I'll have a look on LSE BB after I've checked up on FRR there's another 'death or glory'. Just the way I like it!Good Luck,D1.
Nice to Michu
28 Apr 2016
Re: Good News? Best you look on The London South East (LSE) bulletin board for more colour on this (400+ posts on it today though as it's back in play.This share has had a long painful history - including endless dilution - and was all but gone under. It has a chance again now - but is still extremely high risk - and is a rampers/derampers dream. People could write a book on this one. eg N902 on that LSE board.You don't invest in this share.. you hard core casino gamble on it.. it could multi bag or collapse again
