Bluejay Mining Share Discussion Threads

[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!

[thebigchap] 16/6/2018 08:01

You took the words right out of my mouth bbb. It's a brave man that decides to sneek out hold then get back in again.thats a good few sleepless nights ahead in my book what with good news iminent which we actually know is coming,yes it "may" slide further yet but it definitely will be rising at some point and when it does if your not on board you may just get left behind. I'm here for the big payday but that's just my opinion.

[bigboyblue] 16/6/2018 06:24

It would have been nice to sell at 25/26p with a view to buying back, but I didn't. Personally I'm not going to sell now, even if there's a risk the price may go lower, because I don't want to be left behind. Who knows when a stonking RNS will arrive with offtakes, feasibility, interlak news, disko etc?

[rampair] 16/6/2018 02:26

Depends on personal circumstances & even Tax jurisdictions- as non U.K. different rules apply. Tricky handing out suggestions on that basis.
Personally, and having a holding that I would take advantage of good prices.

However, a 10% variation on an AIM stock isn’t that unusual - there’s going to be some decent newsflow soon, those excavators are big things! On their way, with a nice Dundas Titanium logo no doubt.

Just start looking out on Twitter and various outlets.

summer is here at last and Itelak can give up its Ilmenite story, can’t wait personally.

[graham10k] 15/6/2018 17:23

Don't believe the silly seller suggestion. Someone is locking in their profit. Not sure whether to join in and buy back in teens or stay for the ride. Decision irrelevant now as closed and only just seen EOD share price otherwise may well have exited. Thoughts for the weekend.

[presto77] 15/6/2018 16:02

Chill guysSilly seller walking it downWas 24 two days ago

[moreminer] 15/6/2018 15:35

Howdy Rampair,

Indeed, it has been a don't hold your breath week again.
Lets hope to get some air next week.
Would love to see some action coming back. Good weekend. MM

[rampair] 15/6/2018 15:05

As for corporate activity, can’t rule that out at anytime, clearly interest in sector.
Nothing brokers do surprises me anymore
Constantly underwhelmed by some of them.

[rampair] 15/6/2018 15:01

I think that as RM put out a statement saying clearly that we have £15m and we’re not looking to place but an offtake will come at some point - it’s just bored people who don’t read RNS imho.
No, seriously I think once news comes back it will be ok once they start unloading
Anyone interested- remind themselves of the Itelak grades. It’s in the recent update.

[gersemi] 15/6/2018 13:18

6 Jun 2018, 14:13
@pob Interesting $SOLG tweet just now highlighting new interest shown by Hannam and Partners LLP who visited Cascabel this week and will be providing a detailed update in due course.

Hannam & Partners is a leading London based independent investment bank providing specialist advice and access to capital. Check out some of their recent high profile transactions at hxxps://www.hannam.partners/sectors-services/latest-transactions/

This suggests further corporate activity as H&P sector expertise includes natural resources and financial services.

[gersemi] 15/6/2018 13:16

I am becoming suspicious of the activities of Hannam & Partners

Last week some Hannam analysts visited SOLG's Cascebel's copper-gold project in Ecuador. Since then SOLG's share price has been diluted down

Then we have hannam's press story about a diluted placing and we see JAY's price being pressured downwards

I'm trying to decide what's 'occuring' with these two companies - is Hannam's picking up cheap stock? Are they forward selling?

[longrod] 15/6/2018 07:12

strange as it sounds i think its a buyer.

then at the end of the day touches it down so it doesnt get away from him.

sell orders coming from all over the place

could be wrong

could also just be a market!!!

[shavian] 15/6/2018 06:45

Graham, not a problem for most of the little guys here (of which I am still one), our seller is proving us with the supply to enable us to keep adding bits and pieces while the share price is still relatively cheap. Be patient.