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| Share Name | Share Symbol | Market | Stock Type |
|---|---|---|---|
| Georgian Mining Corporation | GEO | London | Ordinary Share |
| Price Change | Price Change % | Share Price | Last Trade
|
|
|---|---|---|---|---|
| 0.00 | 0.00% | 1.40 | 01:00:00 |
| Open Price | Low Price | High Price | Close Price | Previous Close |
|---|---|---|---|---|
| 1.40 | 1.40 |
| Top Posts |
|---|
Posted at 20/8/2020 08:23 by iloveit Was NMG then GEO and is now EEE .This has had a name changes only so price seems to be heading like earlier name changes increases in shareprice from low levels very quickly 25p was hit. |
Posted at 03/2/2020 09:37 by bspgamer Keep the board GEO costa |
Posted at 31/1/2020 07:15 by seanlander Another positive sign this week."Turning now to the future, I am delighted to announce David's arrival to the GEO team. Through his position on the Board, I am confident that GEO will benefit from David's extensive network of natural resources orientated investors and professionals as we look to unlock the value of our Bolnisi Copper and Gold Project and expand our portfolio with additional high quality assets." |
Posted at 29/1/2020 07:24 by bspgamer Great post on LSEInterest returning29 Jan 2020 03:41Only reason people care so much about how a company, that was worth 2m odd mcap this time last month, is now worth roughly the same again this morning. Is because bullish or bearish - share price wise, they understand (or think they do) the potential (some of), of where the company mcap can go. Company essentially halved in traded value last week from one month prior on no publically announced change in circumstance, and virtually nobody cared to comment.Now news released (not placing conatations weather good or bad) and the mcap goes back to similar level and suddenly dozens of people are beside themselves and see fit to expand effort in writing and posting strong opinions on a public forums late into a working evening.Imo, the very level of interest, demonstrates the potential and therefore financial stakes between buying sub 1p, buying 1 to 2p and 2p+, when taken in context to where these people see the potential share price in the months and years to come.On a personal note, I sold in the 20s and started buying back around 13p seeing good value, continued to buy in at 8s 6s 5s 3s 1.8s before significantly averaging down by buying much bigger stakes, first sub 1.5p then sub 1p right up to yesterday morning.As of now after around 2 years of paper loss I'm back very much in profit. Massive thankyou to the bod involved here who have stook this out for so long. The potential loss of tenure over the further license is very disappointing and a massive blow to how far geo mcap can go in years ahead. The potential scale of TS and others is truly exciting based on and along with the pre existing exploration info.Again, imo, the main reason this has been so hard and taken so long, is because someone figured out just how good this consolidated chunk of land could be and decided to try and retrieve it/some of it. Will they succeed and how much will be lost from the geo stable?In the context of 10, 20, 30m mcap, no consideration really need be placed on this issue. Kbe and dab can take care of that just fine. If we not drilling at TS we wont need the full 2m usd for the previously planned 6 month work programme (will now be shorter as some work completed) designed to get kbe to dfs completion and further the following 2 pipeline assets.Roughly 1m was to get kbe to, go/no go decision stage.The other 1m to explore dab and ts.Now likely max they need is 1.5m for the work programme. Plus say 0.5 for WC etc.Question people should consider, how many shares will it take to raise that, because when they raised 7m at 16p they did so in an environment where institutions were offering double at the same price. Interest was there for a reason and the reason is coming back swiftly.People know that, and are trying very hard to buy the company at a price where losing its only assets was priced in, at a time when that risk has seemingly been virtually removed with the NAM confirming the reduced tenure.AIMO ATB |
Posted at 28/1/2020 13:47 by noirua The Company is pleased to announce that joint venture company Georgian Copper & Gold JSC ('GCG'), in which GEO holds a 50% interest, has received confirmation of tenure from the National Agency of Mines ('NAM') for two key deposits in the Bolnisi Project licence area, namely Kvemo Bolnisi East and Dambludi.Kvemo Bolnisi East has been the focus of much of the Company's investment to date, including a significant discovery in 2017, and it is the deposit which is envisaged to commence production first. Dambludi is also an advanced project in the licence area, which has yielded attractive grades of up to 14.3 g/t gold and 4.16 % copper from grab sampling. |
Posted at 28/1/2020 13:01 by kboos Reks:Google cached text says "Georgia issues large number of mining licenses. By Tamilla Mammadova – Trend: As of today, 4,200 mining licenses have been issued in Georgia, of which 550 were issued in 2019, the Minister of Economy and Sustainable Development of Georgia Article references 2019 and prior licenses issue so presumably RNS would have been issued by now If GEO had license. Sorry. P.s. i think most of those licenses are for water boreholes. |
Posted at 23/1/2020 12:30 by noirua The selling seems to relate to blogs elsewhere that think GEO will withdraw from AIM. No idea whether this is just a guess or not. On a better note, however it goes, Georgia Joining IGF as 73rd Member, Reforms Mining Sector for Sustainable Development looks upbeat in their reforming their mining code that appears to have been completed.You makes your own choice on what to believe. |
Posted at 16/1/2020 13:24 by gta5 The short answer is none, or almost none.If Struthers want to keep this alive he's going to have to pull a substantial rabbit out of the hat. Sitting and juggling excel spreadsheets in sunny Portugal will not do much longer... On the other hand, Georgia has a delicate and complex relationship with Russia and russian interests, as do RMG. Giving RMG more acreage is sensitive, as is RMG's sharing of such acreage with GEO.... Lots of room for backstabbing and intrigue, and little on the side of UK shareholders of an almost bankrupt AIM company that offers little to the Georgian state or RMG in its current form. Holding out just in case, but essentially written off in my portfolio. Another AIM embarrassment for the collection. GL, GTA. |
Posted at 21/8/2019 16:56 by gta5 Georgia is in the middle of a political standoff with Russia (that they are losing on all fronts, including the public perception)In all this they (Georgian govt.) are not going to give a tiny and inconsequential UK company the ability to further enable an already present Russian owned outfit (RMG) more power and acreage in an already awkward situation. Especially as GEO has no power or money to speak of. It's in everyone's interest that they just die out... Also RMG are keen on taking over the additional acreage even without GEO, as it would boost their already great position. The Russian ownership is what's stopping them currently at Govt. level from making that move, with or without GEO) Great gold potential in any case. GTA. |
Posted at 04/6/2018 07:10 by bspgamer Mining Corporation Kvemo Bolnisi Gold Zone 2 & 3 UpdateSource: UK Regulatory (RNS & others)TIDMGEORNS Number : 0545QGeorgian Mining Corporation04 June 2018Georgian Mining Corporation / EPIC: GEO / Sector: Natural ResourcesGeorgian Mining Corporation ('GEO' or the 'Company')Drilling Update from Kvemo Bolnisi Gold Zone 2, and Increased Potential at Gold Zone 3Georgian Mining Corporation ('GEO' or the 'Company'), the gold-copper exploration and development company, announces an update to mineralisation adjacent to the Gold Zone 2 ('GZ2') resource, and extending the previously announced Gold Zone 3 ('GZ3') discovery at Kvemo Bolnisi East ('KBE'), together with an update to the interpretation of the Kvemo Bolnisi West ('KBW') mineralised zone, in the Republic of Georgia. Kvemo Bolnisi ('KB') is located in an established epithermal gold-copper region along the prolific Tethyan metallogenic belt. To view the press release with the illustrative maps and diagrams please use the following link: Highlights-- Drilling at KBE has focused on exploring the periphery of the GZ2 Mineral Resource and stepping out 80m west from the discovered mineralisation at GZ3, 150m west of and adjacent to GZ2.-- The results of these step-out holes at GZ3 that intersected high-grade polymetallic gold mineralisation include TGD106: 36.0m @1.28 g/t Au from 188m, ending in 1.23 g/t. Updated interpretations indicate significant mineralisation is open at depth.-- Further near-surface gold oxide mineralisation was intersected on the periphery of GZ2, significantly extending the interpolated mineralisation, including: TGD100: 12.0 m @ 0.99 g/t Au from surface.-- The GZ3 discovery may represent yet another epithermal centre in the KB camp with a discrete feeder breccia pipe at depth. The next phase of drilling will investigate the relationship between the GZ3 mineralisation and the established resources at the GZ2 system at KBE.-- KBW is located 600m west of GZ3 and represents a silver-rich epithermal system surrounding another separate breccia pipe, with a peak surface sampling assay of 888 g/t Ag. Historical drilling intersected polymetallic gold mineralisation at the same depths as GZ3, but this is yet to be fully drill tested by GEO.Mike Struthers, Chief Executive Officer, said, "Drill results continue to expand the footprint and validate the new geological model we have put in place for Kvemo Bolnisi, specifically the presence of a large scale epithermal gold-copper mineralisation system with multiple mineralising centres. Mineralisation remains open in various directions, and it will be very interesting to see how the scale of this system expands with further drilling, including the potential link across to Kvemo Bolnisi West."FURTHER INFORMATIONGold Zone 3 DrillingGZ3 was discovered in Q3 2017 and represents a zone of polymetallic gold mineralisation adjacent to GZ2, below 50m of unconsolidated alluvial sediments. Following the initial drilling, two deep step-out holes were completed 80m south and west from the known mineralisation. Both holes successfully intercepted significant gold mineralisation leaving the system open to the south, east and west. The identification of this additional epithermal system provides scope for further growth of the Kvemo Bolnisi resource.Peak grades from GZ3 include individual drill samples from hole TGD093 of 35.00 g/t Au (1.2 m sample), 12.95 g/t Au (1.0 m sample) and 11.55 g/t Au (1.0 m sample) which confirm the presence of a high-grade epithermal gold system adjacent to the current Kvemo Bolnisi deposit footprint.Table 1 presents selected drill hole results from GZ3, whilst Table 3 below details all of the GZ3 drilling results to date. Drill hole TGD106 intersected 36.0m @ 1.28 g/t Au, ending in 1.23 g/t Au (1.0 m sample). Interpretations indicate significant mineralisation is open at depth. Table 1 Selected drill results from Gold Zone 3 Hole From To Interval Cu Grade Au Grade ID (m) (m) (m) (% Cu) (g/t Au) -------- ------ ------ --------- --------- --------- TGD093 44 45 1 12.95 67 68.2 1.2 35.0 117.2 192.5 75.3 0.46 205 261 56 1.03 Inc 235 236 1 11.55 -------- ------ ------ --------- --------- --------- TGD105 98.0 122.0 24.0 - 0.51 Inc 98.0 103.0 5.0 0.11 1.79 210.8 218.0 7.2 - 0.35 248.0 256.3 8.3 - 0.15 292.0 300.0 8.0 0.13 0.31 -------- ------ ------ --------- --------- --------- TGD106 128.0 130.6 2.6 - 0.14 175.0 177.2 2.2 - 0.20 188.0 224.0 36.0 - 1.28 Inc 219.0 220.0 1.0 - 9.37 Inc 223.0 224.0 1.0 - 1.23 -------- ------ ------ --------- --------- --------- TGD107 no significant intercepts -------- -------------------- |
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