Georgian Min. Share Discussion Threads

[oilbuy] 03/8/2016 08:14

Added more this morning. Originally in at .25p

[oilbuy] 03/8/2016 08:11

Nice early volume

[yorgi] 03/8/2016 08:10

The rise continuing this morning :-)

[laptop15] 02/8/2016 23:02

Sorry Giant peach, yes my mistake got a bit trigger happy there....lolYes nearly 10 million....even better :))

[giantpeach2] 02/8/2016 20:16

Looks like a near 10 mil buy to me not 8 laptop15 ?

[red army] 02/8/2016 19:15

Yeah the price of gold moving up.

[laptop15] 02/8/2016 17:43

Big buy at the close 8 million!! Things definitely looking up :))

[ryan83] 02/8/2016 16:25

News inbound. Reckon by end of the week

[yorgi] 02/8/2016 16:12

Full offer being paid for even a small buy so it looks like a rise into the close. Volume most certainly up today whether in hope or expectation of news we will have to wait and see.

[laptop15] 02/8/2016 10:01

Yes definitely one of the most undervalued goldies out there....once this overhang clears this will motor upwards!! Wonder how long it will take to get the sellers out from that placing?

[yorgi] 02/8/2016 09:58

I agree very undervalued Someuwin. Less than £10m market cap for the assets it has and about to go into production, well undervalued.

[ryan83] 02/8/2016 09:58

Agree there someuwin. So much potential to be realised here

[ryan83] 02/8/2016 09:57

Indeed that is what I meant yorgi lol! Should be a good run in to the end of the year. Targets 0.24,0.4,0.6 then 1p. Think 0.5-0.8 by xmas lets see

[someuwin] 02/8/2016 09:55

One of the most undervalued goldies out there imo.

[yorgi] 02/8/2016 09:55

We could have an announcement any time giving a date for when production will be underway of course.

[yorgi] 02/8/2016 09:53

Lot of even Ryan :-)

The share price is looking a lot better this morning that's for sure.

[ryan83] 02/8/2016 09:50

Not of interest returning!

[cpap man] 01/8/2016 14:31

Don Coxe: Negative Rates to Take Gold to Heights Never Before Seen in History of Mankind



As a historian, Don Coxe is cautious in saying there is something new under the sun. He didn't think he would live long enough to see the creation of an entirely new asset class, which is negative and seemingly endless in scope. Negative yields were first created by the self-financing Swiss to get the euro-zone moving again. Don likens them to the multiplying of bad germs, and finds it likely that there will be painful corrections in the economy, the stock market, or both.

Negative yields are a big challenge to the mathematics of wealth accumulation. This fastest-growing asset class not only won't pay you, but it won't pay you back. It challenges the capital asset pricing model, which is the basis of all actuarial valuations and pension plans. Paying dividends to stock holders and interest to their bankers and bond holders had been the process since the birth of capitalism. It's a new crisis for social security and pension funds around the world.

Stock markets are going to new recovery highs, without any good economic news to justify them. No one is predicting economic growth above 2.5% at most. There is nothing embedded in this to justify the price-earnings ratio aside from the dividends which are being financed by issuing extremely low-yield bonds. If the only formula for giving rewards to investors is to borrow to pay dividends and to buy back stock, then a major stock market sell-off will happen at some point.

All of this is good for gold and silver because of the rising value of financial assets, and the sheer scale of government debts. Gold and silver are among the top performing asset classes in the world. As we see the gold bull market unfolding, we should invest in mining companies, which bring more of a predictable return. When going into mining stocks, one should have a view that things will get better for the price of bullion. Year-to-date the mining companies are up roughly 95%, and gold is up 26.7%, which certainly fits the bill for a bull market.



Talking points from this week's interview:
• We should see painful corrections in the economy and/or stock market
• US government debt has more than doubled since Obama's presidency
• Gold and silver are among the top performing assets in the world
• Saudi fear of Iran, plus fracking led to the crash in oil prices
• Tesla's big success is solely due to government subsidies

[laptop15] 30/7/2016 17:56

I agree richgit, I've been buying into gold/silver junior miners, close to production explorers, and a few early stage promising companies too. Think its important to spread the risk as the AIM companies are high risk and some of the goldies are heavily in debt due to the bad commodity prices over the past so many years....but now they should be able to claw back there losses so its worth investing in them.What miners have y invested in richgit?

[richgit] 30/7/2016 12:38

Some of the Majors have soared from their ludicrous bottoms and
they will continue to soar over the years now that the fuse to momentum has has been lit.

Then Junior producers and then eventually - arguably Gold anything.

As Market Caps for others soar to the stratosphere all will become a comparable
pro-rata.


US debt to rise from $19 Trillion to $29 Trillion as the years of debt and
debt printing will continue in one format or other pushing the World`s reserve currencies ever closer to their 0.

"Real Money" will become very short in supply ie: Gold & Silver and
then leading down to Platinum & Palladium.

Get your vaulted paid for Gold & Silver whilst it is available,plus a spread
risk across several Gold/Silver producers and then a pick of the
wannabees,that could absolutely fly over time !!!


IMHO

[ryan83] 30/7/2016 10:52

It's about company value not shares in issue. Cheap!

[lovelyjubly1] 30/7/2016 10:18

just a minor problem of 5bn shares in issue

[noirua] 30/7/2016 01:44

Copper-Gold Deposits of the Bolnisi Ore District
Ramaz Migineishvili
A.Janelidze Institute of Geology, I. Javakhishvili Tbilisi State University, Jikia str. 5
Department of Geology, I. Javakhishvili Tbilisi State University, University str. 13
The Bolnisi ore district is located in Southern Georgia in the Artvin-Bolnisi Unit of the
Transcaucasus, which was formed in the framework of an active margin of the Eurasian continent. Several dozens of copper-gold-barite-polymetallic ore manifestations and deposits of the Bolnisi ore district are genetically and spatially tied to the products of subduction-related Late Cretaceous calcalkaline volcanism. They formed in transitional shallow submarine - to subaerial settings equivalent to epithermal conditions. Here we highlight the general characteristics of some deposits of the Bolnisi ore district to demonstrate the two principal styles of Cu-Au commercial mineralization.
The Sakdrisi, Davit-Gareji, Kvemo Bolnisi, Tsiteli Sopeli, as well as a number of other copper-gold manifestations of Bolnisi ore district can be assigned to volcanogenic epithermal deposits. The Madneuli possesses a number of characteristics that are, in part, typical of VMS deposits, and in part, resemble those of epithermal deposits. On the other hand, it differs from either type of deposits in a number of important attributes. Therefore, the Madneuli is viewed as an example of VMS-Epithermal transition deposits.


Similar mine at Kazreti - dig it out and truck it.



A NEW TYPE OF SULPHIDE ORE DEPOSITS
IN SUBDUCTION ZONES

[noirua] 30/7/2016 01:37

Noricum Gold agreement to acquire interest in Georgian Copper prospect - 3rd July 2016


“Like Bolnisi, David Garedji is advanced, high grade and scalable and as well as increasing our resource inventory substantially, it presents us with a further near-mid-term production target to add to the three we have identified from the 17 defined areas we inherited on the acquisition of Bolnisi.

We are currently finalising our production and processing agreement with CMG so that we can commence production from our Kvemo Bolnisi starter pit in Q3 2016 and, with this in mind, I hope shareholders will be encouraged by this announcement which represents a strengthening of our professional relationship.
We believe that this agreement is a huge step forward for the Company, and with the coming months due to be characterised by production and growth, I look forward to updating the market shortly.”

[noirua] 29/7/2016 23:54

The increase in the price of gold is promising today and Zinc closing not far off its 5 year high is very encouraging.


CAUCASIAN MINING GROUP