Bluejay Mining Share Discussion Threads

[monet] 19/10/2018 15:51

I think it's profit taken from 9.5p/ 10p last week.

[seejayem] 19/10/2018 15:38

Risky strategy Will. What's your re-entry point if they fall and also if they rise. Have tried this myself between the drop from .14p. Found it's hardly worth it, obviously unless you can keep your powder dry until the very bottom, but maybe we've already reached it. Managed to buy some at 9.4p and offload at 11p but had to have them back at 12p. Good to have a core holding in something that you believe will ultimately be successful and keep a few quid spare for trading if it works. Good luck anyway.

[will02p] 19/10/2018 15:07

Sold out 12.70p today....feeling this is being shorted to 10p..need news fast..

[seejayem] 19/10/2018 11:31

A 'module' of the PFS to be announced in November, Drill results in December to upgrade tonnage & purity, news on the EIA/SIA, an off take agreement potentially at any time which will pave the way for the application for extraction license. Who's in the running? Rio Tinto, Eramet or the 'Chinese' according to John Meyer of share price Angel. No doubt there will be some selling into any rises from good news but hopefully will come to an end soon.

[squiresquire] 18/10/2018 19:50

Also important is the very low JAY deleterious material content which means a far leaner cost of production as those materials effectively damage the end product, handling equipment etc

[rampair] 18/10/2018 18:31

Seejayem, interesting to see how Kenmare have navigated the less than straightforward
Mozambique system! - Savannah Resources are also Operating inland as a pilot plant.

They were discussing Grades of Heavy Mineral sands - and this was at around 5%, so, shifting and processing a massive amount of sand in order to get their Ilmenite
(Bearing in mind that 5% includes the Zircon, Ilmenite, Magnetite and whatever else is in their Assemblage.(mix of minerals)

The stand out thing of this Summer was the Itelak Delta, totally amenable to Dredge Mining should we wish it, also as it’s so enormous and the Ilmenite is, after simple
sifting returning 40%!

Mozambique 5% total Heavy Minerals - relatively normal.

Dundas : 40% Ilmenite after basic shaking process, achieved simply by passing the Ilmenite over a shaking table.

This is why, I’ve kept with this share. It’s exceptionally, ultra high grade,Ilmenite.
Just Ilmenite on its own, clean, simple, and it looks like we may save enormously on Capital cost by shipping to Quebec for final processing.

Bluejay Mining has the best & highest grade Ilmenite ever discovered, and there’s a lot of it! - nearly 100m tons around the village, not Itelak grades but still excellent- and they keep finding more, let’s hope someone grabs an offtake or two soon.

Opinions as usual,
R.

[seejayem] 18/10/2018 13:28

https://www.youtube.com/IGUnitedKingdom?sub_confirmation=1Interesting to hear the costs involved with Kenmare's set up and the M.D. saying it's the cheapest way to mine it!

[3dwd] 18/10/2018 10:18

Interesting times...

[bigboyblue] 18/10/2018 09:38

Another article on the geopolitics of Greenland for those who are interested. Mainly focusing on airports and military activities, but also mentioning mineral extraction. I can't help feeling that any US/Chinese competition for influence and assets can only be good for us......

[3dwd] 17/10/2018 15:08

I added to my position....i like this company... Alot

[squiresquire] 17/10/2018 14:53

Nice. Very nice.

[monet] 17/10/2018 09:46

looking at the charts next stop 13.77 then 17.80

[shutittrev] 17/10/2018 09:41

Squeeze those shorters balls. Jsl.

[3dwd] 17/10/2018 09:40

The squeeze will continue.... Hopefully upto 14p

[5chipper] 17/10/2018 09:32

Very glad to have taken the plunge and bought in at 10p :)

[citytilidie] 17/10/2018 09:30

Go on.......Squeeze them shorters

[moreminer] 16/10/2018 17:08

One share traded at closing, meaning..................

Would be nice!

[3dwd] 16/10/2018 16:28

I am long and happy... Will watch the bears get sore paws.. ??

[snowyflake] 16/10/2018 09:32

Well rampair - that's what happens when you see/read like a hawk!!

Thank you.

[rampair] 16/10/2018 08:51

Extract:Quantities comprise 100% of Rio Tinto Fer et Titane and Rio Tinto's 74% interest in Richards Bay Minerals' production. Ilmenite mined in Madagascar is being processed in Canada.

Long way to send Ilmenite- I expect that while Richards bay in South Africa had issues its output was sent up to Canada.

Also note that not all machinery is active in Canada at Fers et Titane - possibly a client for Greenland Ilmenite? Certainly nearer than Madagascar!

Just opinion, as usual.
R.

[luffness] 13/10/2018 18:56

Seems Richie's clients weren't aware of his activities on public bulletin boards and are somewhat surprised at the antics of a "professional"

[andy] 13/10/2018 00:53

citytilidie12 Oct '18 - 20:41 - 4852 of 4854 0 8 0
Re Jennings post 4849,

Align Research (@AlignResearch)
04/10/2018, 08:51
Ref Blue Jay Mining #JAY There goes the 10p level. Be VERY careful as market intell is circa 20m shares could be in the pipe for liquidation. Market cap remain circa £100m v £11m cash.

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I am no fan of Richard Jennings, nor him me, but he is clearly not stating the company is going to be liquidated, is he?


The company has £10 million in the bank so how could it possibly be liquidated?


Read what he wrote again, you are reading what you want to read, not what he actually said.

[andy] 13/10/2018 00:50

shutittrev12 Oct '18 - 10:57 - 4828 of 4853 0 3 0

Before I filter you Andy, you asked a question (post 4768) about capex, which you directed at Rampair. He answered your query and offered a detailed opinion on this.

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Can you direct me to the post where he outlined the capex requirement for 2019 please?