Finnaust Min Share Discussion Threads

[patviera] 24/8/2016 07:51

Yes MACCATransformational news

[maccamcd] 24/8/2016 07:39

Just had to reread this... holy fuk richieboy666..does this line mean there is super high grades of Titanium that will be easy to dredge and sell to the big producers for a lot of money??!!! "ALMOST PURE LAYERS OF ILMENITE..."

Reduced penetration in the Moriusaq Bay area by smaller second vibracore unit due to almost pure layers of ilmenite bearing sediments

-- Large metallurgical sample en-route to process consultants

[maccamcd] 24/8/2016 07:21

wonderful statement out today..
FinnAust CEO Roderick McIllree said, "Pituffik continues to exceed our expectations. After being on site for two weeks, I'm pleased with the progress and can see positive indications that we will uncover something of significant scale at this very pure titanium deposit in Greenland.

Two world class organisations to verify the assets. Brilliant work by the management!

"Our field programme is being managed by a senior researcher at the Geological Survey of Greenland and Denmark ('GEUS') performing exactly as one would expect from such a well-recognised institution. I believe SRK gained a much better perspective of the Project from their visit to site and I look forward to working with them to deliver a maiden resource for the Project.

"We will provide further updates as we continue unlocking the inherent value we believe this Project holds. Updates are expected on metallurgical advances in the very near future."

[patviera] 15/8/2016 19:43

Love fam12p year end tgt

[maccamcd] 03/8/2016 10:53

pretty quick and efficient to get this Environmental study so soon? Management obviously respected by the Greenlander's. Much nicer having a world class asset in Greenland and not some string along African country... One step at a time we get the critical sign offs... SRK, Marine Licence, work programs... solid performance by the management... Happy holder!
everyone happy except Richieboy?

[maccamcd] 13/7/2016 08:28

The all important licence has been granted. Well done to team Fam management... they keep delivering just what we need as shareholders.
Interesting to see how many of the majors knock on their door to discuss the asset.
we'll never know until BOOM Day!

[aravali] 06/6/2016 07:57

fantastic news...maccamcd, seems you are being proved right
lets hope the stock continues its trajectory towards the moon today

[maccamcd] 06/6/2016 07:14

well..thats all you need to know

"Based on the results of work conducted to date it is my belief that Pituffik has significant commercial value, with the potential to support a long-term mining operation exploiting what is a high-grade ilmenite occurrence. We are committed to implementing a fast paced development strategy and look forward to working with our newly expanded advisory team to achieve this."

[patviera] 31/5/2016 13:47

Sellers dried up7p soon

[richie666] 19/5/2016 16:10

Noricum/Convergent?

[maccamcd] 19/5/2016 14:44

destruction of capital at Greenland minerals the Uranium stock... was probably a lot to do with the earthquake at Fukushima and the subsequent collapse of the uranium listed stocks?? Silly Rod for not predicting that earthquake!

[richie666] 19/5/2016 11:46

I aint trying to undermine anyone. I am simply asking searching questions re Rod's background, FAM's current value and the destruction of shareholder capital at Greenland Minerals and Energy, Noricum gold where he is/was Technical Director and it seems also issues at Convergent Minerals.

[maccamcd] 19/5/2016 11:35

richie666 richard jennings of align research.
Rod Mc declined Align's offer of a research relationship. So now richard jennings being the chap that he is...now trying to undermine FAM's management integrity and shareprice.
put out your short idea asap.. sell your stock and let us know how much it costs you when you close your position much higher please!

[richie666] 19/5/2016 10:48

Compelling reading for anyone long here -

"Cato noted that a glance at GME's share register had revealed that GCM Nominees, long the company's largest shareholder, had cut its stake from 35 million to 4 million shares. The stock never went through the market, and the price is unknown.
None of that, or Westrip's own share sales, or even ubiquitous securities lender UBS's activities, reflected the option dealings.
Which suggests that all those who did turn their options into stock tipped them straight into the market - and that would seem to include McIllree and Cato judging by their directors' interests filings. In mid-April those two, and Whybrow, each received 4.4 million options.
This month Cato and McIllree announced they had exercised some of their options, 1.55 million and 250,000 respectively, but their filings suggested that they must have sold them immediately because their total shareholdings remained unchanged.
Numbers on the back of Insider's envelope seem to suggest that other GME option owners who turned their options into stock and sold them simultaneously could have made about $70 million just since GCM Nominees sold."

The web is unravelling.

[richie666] 19/5/2016 08:52

And another thing - do u actually know what an "offtake" agreement is?!

[maccamcd] 19/5/2016 08:25

there has been decent 'sell' orders.. and that stock has gone into decent 'buy' orders.
why are you spending your time richie666 writing about a stock you do not own and saying things like "plus I think a new placing coming in 6 months".. wow! that's hardly profound. Course fam will need money to progress the project. Thats a normal part of a journey owning and monetising a world class asset. Who and at what level Fam get their money from is unknown.. it could easily come from a major jv partner who would want an offtake relationship.. that money/stock wouldn't touch the market...
lets face it.. you didn't buy enough lower down, you sold way too early around 3p average, and now you want the stock down out of spite and jealousy. If it comes off a bit.. no panic.. stocks go up and down after a good run. I think it ends the year 10-15p.

SP Angel's options are irrelevant. I speak to the broker there, and i'll handle any sell order he gets. I may even buy them myself at the time.