Anglesey Mining Share Discussion Threads

[hyper al] 28/7/2021 11:55

trader465

Metals in the ground are worthless without a full plan and approval for extraction.

I know a massive Lithium deposit in the UK, that has not even been explored yet, would you give me money for the details, obviously not, it would be stupid, but if someone did I would have it mined within 10 years!

as the post below suggests 10-12 years should be the time frame to explore and develop a resource NOT 40 years!



AYM - 40 years and still no mine.

There are a few other explorers that operate as Anglesey and always the share price moves on false hope.

[klondykejohn] 28/7/2021 11:22

50% pullback in the last 6 months is meaningless?
I suggest you ask the holders of the last round of share issues. 10m shares issued at 6.5p!!!!!
Now how must those holders be feeling. Suggest "meaningless" is a very poor choice of words on your part.
You should take a critical look at this company and truly reflect on it`s poor performance in a market sector that elsewhere seems to be racing ahead.
You truly are an unbelievable character.
Take those blinkers off for once. This is not a company that will succeed with this board in place.

[iglenn] 27/7/2021 20:21

so trader, you expect to see 6p in the next 18 months eh.? Now thats a huge investment return eh.LOL

What a ridiculous person you are turning out to be. And once again suggesting others sell. Wouldnt be Bill by any chance would you.?

[klondykejohn] 27/7/2021 19:20

Did you not see AYM share price fall by 50% in the last 6 months?
I suggest you stop posting ridiculous expectations of a company that has not gone anywhere in 34 years.
My health is fine, trader, but if you have a big holding in this company then I would be having heart paplitations.
Sad you can`t sell at this low price.

[trader465] 27/7/2021 17:28

Did you not see AYM share price gain over 100% in the last 18 months???

I expect similar gains over the next 18 months, if you ain't happy I suggest you sell, it may be better for your health.

[klondykejohn] 27/7/2021 17:05

Then why does AYM share price not reflect it trader when other mining stocks are climbing nicely?
Minerals underground are almost worthless unless a plan to mine them is in place.
This board of directors are not capable of creating any action plan which is why shareholders are really concerned.
I am happy that copper prices have risen rapidly, which is why my holding in Phoenix copper is showing some fantastic growth.
Now that`s a company to really brag about, not AYM.

[trader465] 27/7/2021 14:25

Copper is flying, up over 100% in less than 18 months.

I couldn't give a toss whether AYM progress with the mine or not, or how old the directors are. The underlying asset on which AYM are sat is rising substantially in value. It's really that simple.

[calmtrader] 27/7/2021 14:23

Copper &Lead looking very strong

[hyper al] 27/7/2021 08:14

This made me laugh and cry, thinking of AYM when reading it:-



AYM - 40 years and still no mine.

[klondykejohn] 25/7/2021 01:02

Pigeons, I suggest that with up to 6 super sized EV battery plants going in to production beginning with Nissan and Northumberland in the next 2 years, there will be a huge demand for arys and copper in general.
If AVM don`t get their finger out, they will miss the boat and many hundreds of jobs will be lost on Anglesey.
I might add, a fantastic place especially Holyhead and Treaddur bay.
I have had some great times there with some wonderful local friends and family

[pigeons] 24/7/2021 19:03

as a national asset we have a world shortage of copper
so there appears to be no rush to get it outof the ground,
when they do take it out of the ground at a much higher price,
we have a very big hole available, very valuable and we have a
decommissioned power station just down the road,just a thought
we have been very patient and i think when it moves it will be as
befor very very profitable,if not for myself my children

[iglenn] 24/7/2021 13:09

Thanks John. I know I may appear to be deramping but I'm certainly not, I want us all to do well out of this but my concern level has gone to red alert so I am aware I'm throwing strong accusations at the BoD of Aym and, in honesty, I hope I am very wrong. The main trouble now is any rise to 7-8p range will be met with a huge wave of selling as many who bought at those levels and indeed at the last placing will probably want out and be happy to get their money back. So I cant see a rise being in any way sustainable unless it is with such huge news which will be a first in 34 years! How likely is that...not very IMHO.

I'll shutup for a while now but will be compiling all information in the background and contacting the authorities although I'm not silly enough to expect much response. It would take a huge leap of faith to honestly expect them to take any action.

[klondykejohn] 23/7/2021 18:08

Wassapper, I would agree that if the share price was higher, this would be down to a busy proactive board.
Just now, we languish in the doldrums because this board have apparently not responded for many months and quite rightly, shareholders are raising their concerns and a very critical analysis is taking place as to why after 34 years, we are no nearer to production. We are quite literaly sitting on a huge, profitable mine and I have pulled what hair I have left out at my frustration here.
Iglenn IMHO is very concerned or he would not be putting pen to paper.
We should applaud his due diligence.
Crime or no crime. Scam or no scam, the board should read what we are concerned about and respond immediately.

[iglenn] 23/7/2021 13:49

To those that have assisted with better information than I have yet found I thank you. I will be pm to some of you if that's ok as I seriously believe a crime has and is being committed here. I have started a dossier and have contacted authorities already and intend to continue until I am either prosecuted for being a complete loon or bill hooley, dinesh varma and a couple of others are brought to justice for what I believe is a fraud. Trader you are also on the radar for implied threats.

[wassapper] 23/7/2021 12:51

I agree with all of the above. My point is that it is only the inaction which has drawn out frustration which has led to a series of points being raised, governance and "cosiness" amongst them.

I still say if things were proceeding well, and the share price was a lot higher, these questions would not be being asked. That is not to say they shouldn't be asked.

[klondykejohn] 23/7/2021 12:43

I think Wassapper that the issue is that the directors have too much interest in cross companies that are directly or indirectly involved in Parys.
It IS a cosy relationship that one company can post bullish reports based on other company assessments where the directors may be involved.
At 20p, one would assume that a hell of a lot more progress would be noticeable.
As it is, there is no positive action.
The share price will struggle to improve and unless the board resolve to do something very positive soon, ie, at least produce a forward plan, then you can forget your 20p.
Also, what were the other projects that the board were intimating that they were reviewing, other than Parys, Grangesburg and Labrador.
I have mailed them to find out, but never got a reply.
Silence. They are now being found out, and no amount of spin that some perceived shareholders are posting can hide this fact.
This is a board of directors worthy of the dusty bin.
34 years to get this far is laughable.
Time for a change, or a proper investigation.

[kooba] 23/7/2021 12:31

The other problem with cosiness is there is no independent scrutiny of the data or the performance of the company's management in general ..in fact there has been not independent scrutiny for many many years..this is a significant issue and one that compliance to the code would address. On a corporate governance scale this is flashing red.

[kooba] 23/7/2021 12:23

If the share price was 20p I wouldn't be anywhere near this. At this price the risk reward on them actually progressing anything or monetising assets is just about in shareholder favour..but its still very risky in the management being capable of executing . Imho.

[wassapper] 23/7/2021 12:01

And then you all moan saying the directors have no interest in pushing forward Parys.

What do we care about cosiness if we get action to take Parys forward and the value of this project is recognised?

If the share price was at 20p instead of at this low point, my guess is there would be few questions.

Update has been promised "soon".

[kooba] 23/7/2021 11:29

"Micon is an experienced minerals industry consultant that has reviewed mining projects across all continents. Micon has long experience with Parys Mountain commencing in 2006 and including preparation of the JORC compliant resource estimate in 2012 and the Scoping Study in 2017. This background will enable Micon to move swiftly and knowledgeably to completion of this important PEA."Oct 2020Thats the Micon where Bill Hooley was MD before joining Anglesey i take it.QME who has done the other work , their MD Peter McParland serves on the same board as other Anglesey directors at Minco and Buchans it seems.All very cosy.

[klondykejohn] 23/7/2021 10:33

If the directors had nothing to hide then they would put out a bulletin refuting any spurious claims.
Keep on digging guys.
shouldn`t this be reported to the authorities?
Maybe a bit early as there must be a lot of dirt hidden beneath the layers of carpet they have laid down.