Bluejay Mining Share Discussion Threads

[shavian] 27/6/2018 08:40

Just the past links between the two companies, Snowyflake, plus Hannam's reputation for wily dealing and it seems he has run his slide rule over Jay in the recent past. Obviously no geographical connection.

[snowyflake] 27/6/2018 08:20

How Shavian? GEO's asset is in Georgia; JAY's assets are in Greenland.

[shavian] 27/6/2018 07:56

Hannam Partners now appointed as adviser to GEO. Knowing GEO’s links with JAY this seems more than a coincidence. Hannam are noted M&A merchants so my pull on this is that GEO is now ‘in play’ for a takeover or merger. Any implications for JAY, do we think?

[maccamcd] 26/6/2018 20:48

Indeed Aravali.
For those that couldn't make the shindig in Soho, and read the positive sentiment, could get a good sense of Mngt confidence and intimation face to face if they made the AGM.
The coffee was bad, but the biscuits were good last year.
See you all there

[aravali] 26/6/2018 20:33

Looking forward to the AGM on Thursday and hearing the management. Rod and team have not let us down thus far and their last few RNS statements have been extremely encouraging!! C'mon the Jays!!

[rampair] 21/6/2018 15:35

Well, I rather hope the sound of Caterpillar tracks and Excavator buckets working in full daylight is the call of the BlueJay!
“Super high-grade deposit - initial sampling in 2017 showed extensive areas of up to 80% ilmenite in-situ exists in large quantities” this comment, taken from the Q2/18
presentation shows the Itelak delta is a prime target for these next months of
Greenlands 24hour daylight period, we already have a great resource of a product that’s clearly in demand.

Remember 20% Ilmenite is more valuable than 1g/tonne alluvial Gold. At current prices.

It’s clear that the Market is fairly active at present.As Snowyflake points out, Eramet made an increased offer for Mineral Deposits - although increased it failed to meet the requirements of MDL - remember Eramet is their 50% JV partner! Eramet are big though and can see what’s coming.

PPG, PCC and Sun Chemical are all raising prices it seems, on the back of rising Ilmenite and other feedstock. Timet are reviewing prices due to Titanium input costs.

So, taking all this into consideration- plus the fact that it’s very Quiet - that tells me that someone/something is happening. Usually that’s a decent “tell”
We already have sample readings from last years Summer programme.

500 Ton samples were sent out. We know that Metallurgy has shown that 2 products can be made. I would have thought that the company has had positive reactions to this.

We set off at this time with some serious bigger Excavators that will be used both this summer and during production- all this is in the earlier RNS.

I re read the May Q2 presentation- a good reminder in my view of why we’re here.
Look at the extra licence we added at Disko too, modern exploration is excellent at targeting now.

[aravali] 21/6/2018 09:13

thanks snowy, i'm getting an erection just thinking about it!

[snowyflake] 21/6/2018 08:57

I would rather concentrate on the fact that there is 24 hours of full light at Dundas and the the temperature is above zero. Plenty of work can be done.

Think Iterlak and sea bed off Dundas, plus pier point and off take.

[adamstip] 21/6/2018 08:17

Interesting opening trade. 66 is Richie back on the scene?

[gersemi] 20/6/2018 18:18

By 'eck this is tuff goin' at present -

I blame Hannam and is scare-mongering - I still wanna know who planted that story in the Sunday Telegraph a few weeks back!!....intrigue

but you just know this will come good -

[shutittrev] 19/6/2018 20:09

Hi Snowyflake. You beat me to it! Best wishes.

[shutittrev] 19/6/2018 20:08

Agreed aravali. Dundas is a world class asset that big industry cannot ignore. Surely it's only a matter of time before one of the majors, with all that spare cash, go for it. GLA.

[snowyflake] 19/6/2018 20:02

Agreed aravali - Dundas could prove irresistible - especially Iterlak and the shallows and the sands in the deeper sea

Rampair - someone whispered to me that it was a BlueJay again.

[aravali] 19/6/2018 19:02

Interesting article in the LEX section of the FT today, regarding M&A within the mining sector. The majors have their largest ever war chest for acquisitions. Given Greenland's world class assets, in my opinion, some of that cash could quite easily be heading north.

[rampair] 19/6/2018 18:10

Quick peek from behind the curtains.....& yes, Snowyflake it’s finished up!

Whatever next?

R.

[rampair] 17/6/2018 21:23

This is not Canada, no getting stoned yet.

[maccamcd] 17/6/2018 21:17

no fear me getting this shout wrong. Space debris has more chance hitting me!

[shutittrev] 17/6/2018 21:06

Now then guv. Ask Rod to bring those MMS rock examples to the next meet.....they could come in handy!!

[maccamcd] 17/6/2018 20:23

some thoughts from here:
lowish volume recently has been pushing the price down.
Lots of other 'deals' around the last few months, and the stock has been in a tight trading range for a long time. Some holders sold due to these reasons, and maybe concerned with the perceived 'delays' in building a proper business and doing offtake deals with the right buyers.
The existing Tier 1 institutional investors haven't been buying the last few weeks, and those of us who was at the drinks a few weeks back got a very warm feeling about offtakes very very soon (June/July? August?). Just reading between the lines and intuition, I'd say the institutions are possibly 'inside' on any major offtake potential, so they are possibly not allowed to trade in the stock.
So whats it mean to us still here?
I'd say a great opportunity to top up in the low 20's and take advantage of these known unknowns!
I bought about 500k the last few weeks, and think I'll sell some other stocks to buy more JAY if the price falls more.
Could be an easy way to make a safe 50-75% in a very short period of time (1-2months)

Hopefully I'm right. If not you can all stone me at the next shindig!

[shutittrev] 16/6/2018 10:59

Well said chaps. Autumn drinks definitely pencilled in. The lure of London is irresistible. Much obliged.

[snowyflake] 16/6/2018 10:43

aravali - well put. There are many young journalists who lack knowledge and experience and there are some who are looking for a scoop. The latter are often ignorant of the subject about which they write and are thus dangerous. I have experience: my elder daughter is a journalist who I advised at the start of her career to work for a local rag so as to cut her teeth so to speak. She now works for a national and has done so for many years and early on learned to thoroughly research the subject upon which she is writing.

[snowyflake] 16/6/2018 10:36

I am well invested and it is a question of time before there will be news and I do not think that it will be long. The one point that I would make and given the type of investors who I met at the get together on 7th June I feel that I need not have to make is there is no point writing to the board who have plenty of work on.

Another point which I will make is that on www.iii some years ago there used to be a poster called 2shares (he used to normally have just two shares in which he was invested). I am pretty sure that he died and quite suddenly since one day he stopped posting. He was proficient in Latin and had knowledge of Virgil. He used to talk of legions and legionnaires and would say in the face of "the enemy" lock shields and stay firm.

Also recall Sierra Rutile - valued at one point at circa 500 million and sold to Iluka for a steal. Look at the market cap of Iluka (hotcopper).

Remember that M&G (now Prudential) had 20% of Sierra Rutile. They were none too pleased at the price at which it was sold.

M&G has a stake in JAY...........for a reason.

[aravali] 16/6/2018 10:22

an interesting point i read on Mike Walters bulletin board concerning the investor chronicle note...all in, the note was negative for one sole reason - nobody has done this in Greenland before...it was a truely shocking judgement call, ignoring the managements achievements thus far, not forgetting the several capital raises with several tier one institutional backers and seeming Government backing. The chap delved deeper and discovered the journalist in question was in her first year as an IC journalist and was at university in 2012..compare this to Mike Walters, somebody who has built a large following and accreditation due to his extensive and thorough research over many years...I spoke to him at the drinks last thursday, and he said Bluejay was by far the best investment opportunity in the market.
Like Macca, I'm looking forward to the autumn drinks when JAY will around 40p!