Arkle Resources Share Discussion Threads

[fenners66] 24/7/2019 08:39

So what is

"20 ppb Au; and 234 samples >10 ppb Au"

ppb = parts per billion ?

Normally grades are quoted as g/tonne so I guess these ppb figures are as near to totally insignificant as you can get ?

[deadly heisenberg] 24/7/2019 07:10

Very nice.

Regards
DH

[gersemi] 24/7/2019 07:08

this looks interesting

[sirrux] 10/7/2019 12:35

Wow a twitch. Nice to know all the same that all that gold is safe in the ground, a very secure investment! Well that's the optimist's view.

[fenners66] 24/6/2019 11:35

"We have made the transition from Connemara Mining to Arkle Resources. It was done for the best of reasons: a new dawn, new shareholders, new directors and management, and a new focus on gold exploration.....

....has not been without its challenges..... On the other hand, we have made the move into social media with an active Twitter presence"


New dawn same declining share price.
Same dilution

Administrative expenses (337,306) (214,331)
---------- ----------
OPERATING LOSS (337,306) (214,331)

Bigger losses though !

That's after adding € 402,694 to intangibles again.....



New focus on gold exploration - then goes on to talk first about...................... Zinc

But when they do get to talk about gold .... "Most of the gold in Ireland is in narrow veins often only centimetres wide. Veins swell, narrow, twist, turn and disappear, making it very difficult for drilling to estimate, with any confidence...making it hard to reach an investment decision."

Well look at the retained losses of the whole 162 Group that also makes it hard to reach an investment decision.

"We raised EUR230 thousand in March 2019 to fund ongoing operations."
"by way of a placing of 18,400,000 new ordinary shares"
There were 113.91 million in issue at the balance sheet date.

Another massive dilution for shareholders ... but wait a minute they welcomed a new name and new shareholders....


There is no disclosure of Directors Remuneration in the RNS that I can see, but its only been about 6 months since the year end so that note will have to wait .... but they do refer to paying 2017 accrued directors remuneration in shares...

If they run out of cash , if PET runs out of cash and shut down ,what happens to the admin expenses of the other "Group" companies ?

[fenners66] 11/6/2019 23:01

For all the quoted 162 Group Companies - ALL just unlucky ?

[currypasty] 11/6/2019 16:24

now under a penny.. been a tough ten years

[resourceful] 11/6/2019 16:14

whats happened here
nothing.....

[fenners66] 07/5/2019 13:28

Come on rampers and apologists - bit slow on the uptake at today's "news" , price is already starting to fall.

Let me get to the point for you


"Group Eleven drilled three other holes within the Stonepark project. No high grade zinc intersections were intercepted"

NO HIGH GRADE ZINC

However someone drilled other holes on their own 100% interest property so its not all bad.... and there is a zinc prospect in Ireland .... wholly owned by someone else so......

Still the same 162 Group modus operandi - trying to claim credit by association - well used strategy will they ever announce they have actually found anything ?

Also noted the interest in "No high grade zinc " is actually only 23.44%

Still small interest in nothing is better than paying for the drill yourself and finding nothing.

[aim_trader] 01/4/2019 09:36

Arkle Resources will be presenting to investors at the Proactive One2One Investor Forum in London on Thursday 4th April 2018 from 6pm in Mayfair. Details and registration here:

[purple11] 22/3/2019 08:50

hi big boy...

[currypasty] 15/3/2019 12:26

ex Connemara



21 March 2019 Connemara Mining Company plc

Connemara Mining Company plc (LON: CON), the Irish gold and zinc exploration and development company, is pleased to announce that, pursuant to the special resolution passed at its recent EGM, it has changed its name to Arkle Resources PLC ("Arkle").

New share certificates issued for ordinary shares will reflect the new name. Shareholders should retain their existing share certificates, which will remain valid.

Trading in the Company's ordinary shares under the name Arkle Resources PLC will commence at 8.00 a.m. on 22 March 2019 under the TIDM: ARK.

The Company will also, tomorrow, launch its new corporate website, which will be available at www.arkleresources.com.

[varies] 05/11/2009 16:08

bonio
I share your views entirely.
You might find it interesting to look at the buyer : Virage Logic (VIRL).
As well as buying ARK they have done a deal with Phillips which should increase their business considerably.
I bought a few VIRL at about $5.90 and believe that I have lost about 15% so far !

[bonio10000] 05/11/2009 12:46

Man alive - was just passing and thought i would check this out.

Bought for 16p?

That is an utter disgrace. What a complete waste of time and shareholders funds.

[pelleeds1980] 09/9/2009 09:21

Tendered mine in the end. Noticed the board said it was a fair offer so wont get much better. GL all

[ang5] 09/9/2009 08:27

11-Sept 2009, it is last day for this company. off price 16.25p cash.
waitng 2 days, what's will happend?..

[varies] 27/8/2009 17:49

pelleeds
I shall accept the offer but not for a few days yet

[ang5] 26/8/2009 15:56

any news for this bid ?
( how many days need for bider last day?) thanks.

[pelleeds1980] 25/8/2009 19:37

Are you tenderring yours then varies? Disappointed with the poor offer but may be best to get the cash quicker to move into stuff with better prospects