Bluejay Mining Share Discussion Threads

[rampair] 15/12/2018 08:15

The good thing about the company is that vast amounts of Ilmenite ore are still sat
on our licence area and following the asset is usually a decent strategy, whilst us
shareholders are concerned about a week or two the sands are not!

Have a good weekend all, This will sort itself out soon enough.

Regards & DYOR!
R.

[bigboyblue] 15/12/2018 07:34

sandcrab. Anything he says about this company is likely to be short on facts. Anything purporting to be factual is likely to be incorrect and readily rebutted.

[monts12] 15/12/2018 02:43

Sandcrab
could you elude to the source of your concern? eg Can you post a link to the said bearish prose?

[sandcrab2] 14/12/2018 20:53

I understand Tom is bearish on this one

What are his basic concerns?

[seejayem] 13/12/2018 23:38

Uggy, Meyer is just pre-empting what might happen. It's only the company's best guest that SRK etc will have finished assaying 60 core samples and calculated grades/tonnage and collated the info. I think before year end is a hopeful convenient timeline. It still may happen. If it's the 2nd, 3rd or 4th week in January, so what. This gives us all a chance to load up with a few more.

[uggy100] 13/12/2018 18:10

SEEJAYEM

I agree that this is a fantastic project which will get there in the end. My point is that Jay are starting to develop a history of making statements which aren't fulfilled on time.
John Meyer suggested that they were holding an update back until the New Year due to market conditions, if they were going to give us an early xmas prezzie then this update cannot be market sensitive or they would have to issue an RNS. I also don't like hearing the info from share price Angel on a vox podcast.

[citytilidie] 13/12/2018 17:18

What went on in the last 5 minutes. A 200k sale followed by 5 100k sales

[seejayem] 13/12/2018 16:35

Uggy, if the info is available, I'm sure it will be released. I don't think short term swings bother the board as much as it does us PI's. The truth will out in time.

[uggy100] 13/12/2018 16:07

Correct me if i'm wrong but did John Meyer suggest the the news Jay told us to expect before the end of the year may be held over until next year ?

[jone06] 13/12/2018 10:32

A small mention on VOX re HSBC holding:

hxxps://audioboom.com/posts/7115086-tekcapital-tek-reabold-resources-rbd-and-mining-analyst-john-meyer

jump to 29:20

[monts12] 12/12/2018 14:08

I see, thanks city
I suspect that this is what was happening when the price fell to sub 10p; I watched level 2 closely...im sure a large seller used this tactic

[citytilidie] 12/12/2018 13:03

No monts, it is totally hidden and ignored as part of the total and depth shown on the order book.

[monts12] 12/12/2018 12:49

City
Wouldn’t it show as depth on Level2 ?

[mirabeau] 12/12/2018 11:49

If the book changes for the better I shall update on here

[seejayem] 12/12/2018 11:32

Mirabeau, L2 looking any better now 400,000 have been dumped in quick succession. I don't understand why there isn't a simple discussion amongst brokers, so we can clear these overhangs and properly get moving. Maybe this will happen when substantial news is out and whoever still wants to dump a large amount can do it in the market?

[bigboyblue] 12/12/2018 09:48

....and Rod met him for discussions a few days before his IG interview.

[mirandaj] 12/12/2018 09:37

Reminder or for those unaware. See below about Kim Kielsen.

Friday, May 11th, 2018

“Greenland will work to develop its mineral wealth until the “last stone” is turned”
Biggest island on planet earth, Greenland’s burgeoning mining industry gets another positive boost as the pro-business party doubles its national support by winning recent election.

Congratulations to Prime Minister Kim Kielsen, who goes on record saying “Greenland will work to develop its mineral wealth until the “last stone” is turned”. Good news for investors of The Artic Silk Road, as improved access to and from Greenland, and a more favourable investment climate ushers in a promising mining era.



He is totally aware of infrastructure, resources and the environment et al.:

[shutittrev] 12/12/2018 08:54

Fingers crossed for a good Christmas. My letter to Santa asks for a Barbie Doll (with ultimate kitchen), Paw Patrol Rescue Fire Truck, half a ton of Dundas Ilmenite (to use as an eye catching garden feature) and a big juicy Rns. Dreams can come true. GLA.

[thebigchap] 12/12/2018 08:28

really starting to move now. surely this is in anticipation of some big news

[mirabeau] 12/12/2018 08:19

The buying here is now above ask and in size...stonking

[midasstingray] 11/12/2018 22:58

In case anyone forgot;

Bluejay Mining* (JAY LN) Dundas project update

STRONG BUY - included in MSCI index

Target Price 45p

Bluejay Mining report the completion of the three-year Environmental Impact Assessment at Dundas in Greenland.
The Social Impact Assessment is also due for completion in January with support expected from the relevant local community.
The long-awaited Pre-Feasibility Study is being optimised and is reported to be on-track for the first quarter next year.
We suspect the PFS will be able to include an upgraded JORC resource utilising drilling and other assay results from this year’s summer work program.

Management will lodge the application for an Exploitation (Mining) license shortly after.
Work in and around the Iterlak Delta has the potential to SIGNIFICANTLY RAISE THE SCALE AND GRADE of the overall resource adding further to the potential value of the project.
Our site visit to the Dundas’ project indicated to us that logistical and engineering issues are, in our view, offset by the project’s location on a deep fjord and the RELATIVE EASE OF IT'S MINING.
The work done at site in the past two field seasons coupled with the mining, sorting and exporting of bulk samples to offtakers demonstrates Bluejay’s ability to work effectively in this location.
We look forward to FURTHER NEWSFLOW BEFORE CHRISTMAS.

Ilmenite prices in China have recovered to US$184/t from US$171.5/t at the beginning of August as predicted with ilmenite processing companies recovering production lost through furnaces problems.
Conclusion: We expect further news from Bluejay on grades and the scale of the ilmenite resource at Dundas. Dundas looks to be the WORLD'S HIGHEST GRADE and also possibly the world’s most consistent resource from a mineralogical perspective. Both attributes are positive from a value and offtake perspective.

*The share price Angel mining analyst has visited the Dundas,