Anglesey Mining Share Discussion Threads

[noccer] 26/1/2024 23:25

They don't need to pan for copper, just throw iron in the existing precpitation pits. The water that leached out of Parys mountain is highly acidic - in the past the miners used to send the water to ponds where old iron would be dissolved and copper preciptated. The proposed tailings areas for the new mine are these areas where the pits were, where the water is so acidic that it could kill birds that land there. Back in the days when the miners used to follow the veins of pyrite - which varied from an inch wide to 20 yards wide, if they hit a fault/slippage they were stumped. Their backup pan was then to look for water seepage that precipitated copper when in contact wih iron, and then follow the water.

I have trouble understanding how the old time miners survived the dripping waters (which are everwhere in a mine) when it had a pH of about 2 to 2.5 - that is really very acidic.

After the original mine closed the preciptation pits kept going for decades with water being held back and then released into the preciptation pits on 3 monthly intervals. This stopped around 1940 and then much more recently it was discovered a huge amount of water was being held back by corroded dams and valves, and it had to be let go, which was carried out in 2003.

See

[j5thumbs] 26/1/2024 18:35

… panning for copper … now there’s a possibility :o)

[benjamin15] 26/1/2024 17:58

"Ha yes it would …maybe send some guys out with metal detectors theres gold in them there hills too , a few nuggets would help!"

Might help pay the bills Instead of diluting shareholders...

[pigeons] 26/1/2024 17:29

SO TRUE. any way,
thank you and have a good weekend

[kooba] 26/1/2024 17:18

Ha yes it would ...maybe send some guys out with metal detectors theres gold in them there hills too , a few nuggets would help!

[pigeons] 26/1/2024 16:46

JUST A THOUGHT, would certainly move the share price.

[kooba] 26/1/2024 16:39

How are they going to concentrate the ore to be sellable and how would they then get it to market in any economic way?I think there's a bit more to it even if there is recoverable resources in historic waste. The good stuff is deep underground accessed well away from the historic excavations. I think they are committed to tidying up the site to an extent after the mining operations reach economic limit but much of the historic workings are protected anyway.

[pigeons] 26/1/2024 15:55

I would have thought we could have a basic few ground staff , clearing the ground , loading all the ORE that's lying around , which would cover basic costs. and show some commitment to the OPENING PARY"S

[spacedust] 26/1/2024 15:53

Biggest mining pnd I'm seen are

Xel 1p to 500p
Fml 0.2p to 15p
Solg 2p to 80p
Ngl 1p to 80p
Marl 2p to 60p

All multi baggers were for no reason whatsoever. Apart from aolg the rest then sank to 1p or below and went bust

[spacedust] 26/1/2024 15:04

Where are the permanent rose tints chaps. Are their balls shrinking yet

[trader465] 26/1/2024 13:37

It be difficult to continue placing after placing for a cheap ole zip wire, far better to allege a copper mine, keep the placings coming with alleged ongoing studies for decades, plenty of salaries and perks then 💰👍

[benjamin15] 26/1/2024 13:30

They would be better of turning Parys into a zip wire attraction, then at least they might get some revenue and maybe employ some locals 💪

[trader465] 26/1/2024 13:13

AYM and PXC have many similarities

[spacedust] 26/1/2024 12:00

You'll soon see the most die-hard rose tinted ones slowly and gradually coming to the realisation that nothing will ever happen here.....their balls will shrink with them.

[benjamin15] 26/1/2024 11:29

Spacedust
Yep I am aware of it now, like you say the same every year then a placing.Nothing ever happens...
Jobs for the boys....

[benjamin15] 26/1/2024 10:16

This time next year rodders 🤣🤣🤣🤣9315;

[benjamin15] 26/1/2024 07:41

Spacedust
That cracked me up, moaning about the share price which went from 4p down to 1p, mine development 😂😂😂 they been sitting on it for 30 years 😂😂😂😂 go back through the old interviews with Bill, this time next year Rodders 😂😂😂

[kooba] 26/1/2024 07:36

Apart from the total idiot trader who is not even a shareholder..he said he had a big position and was a constant ramper and only in hindsight once the stock was about 2p said he had sold when they broke below 3p having bought in and much higher. No way they got out of the size they claimed to have had anywhere near 3p. Just cut a lump of money now just a sad bitter and twisted ex investor who ran away because they didn't understand what they had invested in.

[trader465] 26/1/2024 07:19

What’s more hilarious is clowns adding to and compounding their losses 🤷‍a94;️

[kooba] 26/1/2024 07:16

I guess we must have the same folks moaning about the share price performance of a company that no one made them invest in , whilst they spend 24/7 bashing the company unable to understand the basics of mine development...f'ing hilarious.

[benjamin15] 25/1/2024 22:05

Trader
Sure is, here hoping it gets somewhere close to 4p then I'm dumping

[trader465] 25/1/2024 19:03

Each raise is a lower price, the shareholder funds are being sucked out

[benjamin15] 25/1/2024 18:57

Spacedust
I think we are coming close to the next pump, they can't raise at these levels ...or can they???