Finnaust Min Share Discussion Threads

[richie666] 22/11/2016 16:20

As requested good reverend -

Read it thoroughly. And ask why are Western Areas not backstopping the funding instead of diluting themselves?

I'm waiting....

[birotop] 22/11/2016 16:17

I did, I said 1-0, just saying like......

[shutittrev] 22/11/2016 16:14

Birotop.....stick to football pal. Just saying like.

[birotop] 22/11/2016 16:12

richie - you certainly got that one right, 1-0 to you....

[richie666] 22/11/2016 13:34

Well, well, well, well well... Somewhat prescient my warning of a placing last week eh? £5m looking to be raised - that's a bit rich for McDowell and his crew so now the Co needs real investors to step up. At a fully diluted near £50m market cap with prob £300k in cash good luck on that one - even with the star spangled puff piece...

Moment of truth is dawning. Fair value 2p at this point imo.

[rampair] 22/11/2016 11:37

Well, I can only go by what's in the public domain, however, we have not been treated
badly so far and I prefer to rely on company RNS for my information.

A content FAM shareholder

R.

[rampair] 22/11/2016 11:16

To indicate that Greenlands Disko Bay Area has not just warmed recently- -a video
from 1914 showing little ice.


Also in 2015 the area of Kanger - site of the PB/ Zn Sedimentary.Ex. System from Avanaa resources we now have 100% of.


R.

[rampair] 22/11/2016 10:54

Interesting video on you tube of the Kangerluarsak, Valley, ice free most of the time also plenty of video on the Disko Bay Area.

Disko & Kanger had many tens of millions $ spent, by previous exploration. However it's the thinking that it has a Geology to equal that of Norilsk in Siberia that is exciting. This, of course would be a conventional project - but it is a massive prospect, and, so far doesn't seem to be reflected in the discussions here.
hxxp://www.titanium.gl/documents/Disko/Disko2016.pdf

Again, access by ship for 10months a year. I'll try and dig up a video for this area
a real eye opener to those that think this is a barren icy wasteland!
R.

[richie666] 22/11/2016 10:35

Well, well -

Perhaps I do know more about this company than some give me credit for...

[snowyflake] 22/11/2016 09:37

Rampair - thank you for these videos. They show that Greenland welcomes mining and so imo there should be no difficulty in the company obtaining its production permit.

Secondly contrary to the message being promulgated by Richard Jennings (aka richie66 on this thread)there is not going to be the enormous freeze up suggested by him via his Daily Express article.

Thirdly the third video shows that some of the housing has more brightly painted housing than some of the housing in the South of France!!

I can see Pituffik becoming a great success and on the back of it there could be finance available to start developing one or both of the two recent acquisitions.

[rampair] 22/11/2016 08:42

The town nearest to the sands project, not exactly Central London, but, in summer
season - not many igloos either.


That's all folks!

R.

[rampair] 22/11/2016 08:17

Greenland in summer, short video.

[rampair] 22/11/2016 07:51

Interesting videos on YouTube about Greenland
See:

Greenland has a population of a small U.K. Town (50,000) and are reliant on Denmark for a grant. A lot of the Greenlandic people wish to be independent & mining has been chosen as one of the main ways to achieve financial independence.

Plenty of comment & statistical evidence appears on the Country, it's clear that warming is happening - the downside is Reindeer mustering now needs a helicopter not a snowmobile!

R.

[snowyflake] 20/11/2016 10:19

shutittrev - you appear to forget that on 10th October TW posted the Align (Richard Jennings oka richie66) note with his own (TW) comment on his shareprophets' site. You can find it by googling TW's name, go to the shareprophets' menu and enter FAM. 41 days old as of today.

It might or might not prove to have been an unholy alliance.

[snowyflake] 19/11/2016 22:25

and who featured in that Daily Express article? None other than Piers Corbyn the brother of that great intellectual and hard worker Jeremy Corbyn (cough cough).

[aravali] 19/11/2016 20:56

its amazing the lengths people go when short a stock...so i guess this means richie666 & TW are short - shame richie666 does't stand up and say he has a position officially
there's no source of data...a pretty basic alement is any type of analysis...ohh wait, its the Daily Express!!

[snowyflake] 19/11/2016 18:26

I have not seen an rns from the company announcing a placing. There are many ways to skin this particular cat. I rely on the fact that there is no mine to be built at Pitiffuk; the company just need a dredger or two and equipment to "hoover up" the ilmenite rich sands. So the dredgers need to be financed but then the board is inventive with ideas.

Bought some more FAM on Friday when I saw a report stating that world temperatures continue to increase.

I am pleased that I am not shorting FAM and getting caught which can be painful on the pocket or in the case of the weak the pockets. With this stock better to cut lending fees and close.

Further good note from Michael Walters yesterday evening.

I am looking forward to the release of the JORC compliant resource report; that could be very encouraging but we will have to wait.

[rampair] 17/11/2016 16:24

I'd refer back to the placing levels of all the previous events! From my records it's one of the best AIM stocks when raising the small amounts of capital it uses.
If however it raises a decent lump - guess what, it's got lots of Ilmenite and is going to need to move it.
That would be great & personally would love to participate.

Really, picking out placing levels for FAM - not exactly a bad company for that..lol.

R.

[richie666] 16/11/2016 08:05

By my estimates the company must be looking to place again in the next few months. Interesting to see at what level it gets done.