Atalaya Mining Share Discussion Threads

[mronions] 14/10/2019 13:15

Every time there is an objection, ie a request for more information on an aspect of the mining application the vegan chap from the local rebellion extinction Touro office thinks it is a victory. We have to live with the fact that the tree huggers are lobbying the local permit office on every possible aspect of the permit process who intern are worried about getting something wrong. Approving the opening of a mine is not something that the local office are used to doing, so there is extra work for them. The anarchists are causing frustration.

[husbod] 11/10/2019 15:48

Simplistic solutions to very complex problems is a speciality of the human protester waterloo.I mean, carbon neutral by 2025. It's so absurd that you wonder if these people have any grasp of reality.Looks like sonofvan has inherited the Old Bats ability to mix fact with fiction.As I haven't come across either of them anywhere else on ADVFN it is clear that they have a very specific stock attachment. And their only raison d etre is to sow doubt about the company's prospects for their own nefarious reasons.

[waterloo01] 11/10/2019 15:36

'Truth' is that unless they mine through any acid water issues, (ie develop the mine) the good people of Touro & Pine will not only be left with the same situation, but no jobs.

If you really cared about the environment you would encourage sustainable mining of copper. Without it you have no EV revolution. Most environmentalists don't care about that though, they are are really anti globalists and are against any change. True conservatives in socialist clothing

[sonofvan] 11/10/2019 15:26

Nobody asks for fine details. Just asking for anything but words. Having an option without permits is to have nothing.
There is no mining going on Touro. What is going on is an aggregate extraction and a huge waste dump. Check it out.
I repeat again, please we must say the truth.

[mronions] 11/10/2019 14:27

Now why would anybody want to give you the fine details of Touro development ? We know who you are, my green fingered fried.

For the rest of us, Touro advances, don't be put off how slow it is. We don't really invest anything until project advances (we have an option on the mine). Remember, there is already mining going on in Touro. We will look to change what is mined. Would be nice that things advance this year, as we are ready to put a finance package together. In fact, everything can be done: Touro stage 1, Astor, Dividend.

[rougepierre] 11/10/2019 14:23

Russell 2000 20 day MA on the cusp of following the 50 day through the 200 day...

Major support just above 1450...currently 1485.36 having hit 1472.60 on Weds...

Not very convincing mini bounce on China trade talks...

IMHO opinion Trump is trying to take the focus off impeachment and keep the stock market bubble going...

The Chinese have nothing to lose from the status quo and almost certainly believe that if they can help unseat Trump they can get a better deal from his successor...

China owns 5.1% of US treasuries...its external debt is $1.97 TRILLION but...

The US external debt is $19.7 TRILLION...boggling...

US CORPORATE, non-bank debt is $15.5 TRILLION, i.e. 74% of US GDP



Outstanding debt instruments from U.S. companies account for 48% of global corporate debt.

$4.7 TRILLION is due for renewal by 2023...

I've posted recently about the liquidity crisis in US markets but most especially in global dollar supply...

US companies have used TRILLIONS to fund share buybacks...this is what could happen next...sound familiar...?

"As investors take fright, US corporate bond prices will collapse. ETFs will rush to liquidate their holdings to meet redemptions, worsening the price slump. Leveraged investors such as hedge funds will face margin calls they will not be able to meet, which in turn will cast doubt on the financial integrity of the investment banks that extended them the leverage. Other banks will stop dealing with the investment banks, liquidity in the financial system will dry up, and suddenly the world will find itself facing a repeat of the September 2008 death spiral that led to the implosion of Lehman Brothers."



Which is why gold, silver and COPPER are the place to be...

Copper is the new gold...

hxxp://www.tucsoniron.com/is-copper-the-new-gold/

AIMHO as usual...DYOR please...

[husbod] 11/10/2019 11:55

The market seems to think we'll reach a deal - domestic focused stocks up quite significantly this morning.If there is a deal it takes a big negative out of the market. If it is followed by a China - US deal even better.

[sonofvan] 11/10/2019 11:55

Wonder of anyone can proof Touro is unstoppable. If so, please show the facts behind. Otherwise those are only words.
The truth is that there is no way. everybody knows it. I have been posting the reality about it plenty of times.

[laurence llewelyn binliner] 10/10/2019 17:21

Copper rising on the hope of a US/China trade deal soon, or at least a partial deal and a truce on tariffs, we've been on or around 200p since May while that plays out..

Q3 operations update due about now, possibly tomorrow as it was 10.10.2018 last year.., hopefully an update on the AAU status after the consultation period ended a month ago, the new plant now ramping up to full capacity for year end 2019 to hit 45-46,500 Tonnes for FY2019..

Q1 - 10,219 Tonnes
Q2 - 10,888
Q3 - 12,000 est
Q4 - 12,500 est

2020 - 50,000+ Tonnes .. :o)

[husbod] 10/10/2019 16:12

Pity they can't churn over the whole area of Parliament and turn it into a giant pit.

[mronions] 10/10/2019 14:32

AAU ... yes they will. Just doing everything by the book. In fact Junta/Emed double crossed by Enviromentalst as was originally waved through as non issue.

Touro long process, but unstoppable. The whole area is going to be churned up and turned into a giant pit. Will be unrecognisable when finished. Will look like moonscape when we are done.

Your backer will never get the money they hope to get for worthless tailing dam land.

You lose

See you soon glued to some runway with the extinction rebellion crusties.

[sonofvan] 08/10/2019 14:04

AAU permits are not going to come. You really know it.
Btw Touro permits neither.
I told this so long ago. Do believe.

[laurence llewelyn binliner] 08/10/2019 08:06

#Tommytrades.., the public consultation period 07.07.2019-30.08.2019 for the AAU permitting oversight seems to have gone quiet.. any news popped up on your radar..?

Copper firming up, Gold softening, USA/China starting to look at a trade truce..

[husbod] 07/10/2019 17:19

Another little gem rouge as we await news. Apparently the amount of cash in circulation has increased in most western societies despite the surge in contactless and other electronic payments.This has puzzled the powers that be and the only explanation they can come up with is that people are hoarding cash as there's no point in putting in with the banks cos of negative interest rates and bank charges.The problem for the economy is that they are also not spending it and it is of course consumer spending that keeps most advanced economies going.Personally I also think that this is the main reader why the markets haven't fallen - there's nowhere else to invest your money if you want a decent return.Given there's no chance of interest rates going up in the foreseeable future there must be a reasonable chance of the markets staying fairly positive.But then who really knows.

[husbod] 07/10/2019 12:10

Rouge- Interesting article a few days ago in the Telegraph about Norway being the canary in the coal mine so far as recessions are concerned given its status as the most open of the European economies.Apparently all it's economic indicators are flashing red.There are so many reasons for the market to fall but on the other hand if St Boris gets a deal and Trump and the Inscrutable One manage an agreement it could be all systems go.Interesting times.

[rougepierre] 07/10/2019 11:15

For me the Russell 2000 is a leading indicator of US Equity markets...

Today we have a 'golden cross', as the 50 day MA has cut through the 200 day MA...

This does not bode well for global equities, as the dollar has remained strong but US markets are turning down...

FT article today is good for copper and eventually 'doctor copper' will reassert itself, which is why $2.50 is important...

But short term, all equities may be affected, even gold and silver, until GPM and copper have their day...

E.g. post the 2008 crash, ANTO went from 276 to 1605 between Oct 2008 and Dec 2010...

Copper had gone from $3.95 to c$1.80 by the start of that rise and then hit $4.58 by Jan 2011...

But what we are on the verge of, is the biggest bull run in copper ever...though the ride could be bumpy...

My prediction...

Gold continues to rise...silver outstrips gold as the gold/silver multiple comes down from a high of 95 (now 85) to 50 or lower...

This will be driven by speculators first and then investors and then both will turn to copper as an speculation/investment rather than a commodity...

AIMHO as usual...

[husbod] 07/10/2019 11:09

This bloody so called technical correction to our PRT permit is taking a long time even allowing for the Spanish sense of urgency.Mr O - do you have any insights into the current state of play?I suppose if there were any problems The Bat would be here.

[sharkboyo] 04/10/2019 22:38

Sorry, obviously there’s a paywall for FT :

[sharkboyo] 04/10/2019 22:35

Financial Times explains how copper needs to be priced at $8,800 per tonne to reach current 2030 climate target, or $20,000 per ton if the target is brought forward to 2025. Current price $5,600.

[mronions] 04/10/2019 10:18

$2.5 copper price is an important support. The problem we have is that HF use copper futures as a market hedge. This distorts the market short term, and does not reflect underlying viability of copper market.

[rougepierre] 01/10/2019 18:10

Another bullish prediction from Seeking Alpha...

Implies a 14% rise from here i.e. $2.90 plus...

[laurence llewelyn binliner] 27/9/2019 15:23

Soon be time for the quarterlies here #Husbod, and we are on track for what must be close to a 11,500+ Tonnes Q3 leaving Q4 to deliver 12,500 min to hit guidance of 45,000-46,500 for FY2019.. Copper/Silver are picking for us to sell into .. :o)

50% of Astor is now accounted for, and we are finally looking at paying them down as we scale up..