Bluejay Mining Share Discussion Threads

[snowyflake] 03/3/2020 15:13

summertime - I sadly agree with you save that I would exclude the Danish management members in that analysis.

[summerfield1] 03/3/2020 13:52

BBB please refrain from ill judged comments about the Greenlandic authorities. I suggest you turn your fire at the inept board of Jay.This is an emerging territory with no mining code or law. The share price has been decimated by misleading timelines and inaccurate assertions by the CEO. Despite all the cack handedness of the company I believe it might just pull off a deal soon.

[perfect choice] 03/3/2020 13:25

Comforting to see that JAY was their largest investment across the 4 companies.

[bigboyblue] 03/3/2020 10:49

Yes Miranda, plenty of evidence to show that they are serious about developing the mining sector. They just need to get better at progressing things more quickly. There is also news today about GGG's exploitation application which appears to be moving forward: [...]

I see the link didn't work. It was a Proactive (Australia) report saying that Greenland Minerals' SIA has been accepted to go to consultation and EIA is expected later this month.

[perfect choice] 03/3/2020 09:43

That link is to the Q1 2019 presentation, link below is for the new one:



Decent amount of new content from 2019 version I think, need to read it!

[monet] 03/3/2020 09:39

This link works,just change the h to a capital H if you want to post a link.

[rampair] 03/3/2020 09:36

.Thanks for info all.

[archie222] 03/3/2020 07:59

Updated corporate presentation on Jay website.

Not much in the way of new content.

hxxps://bluejaymining.com/wp-content/uploads/2019/09/JAY-Presentation-Q1191.pdf

[bigboyblue] 02/3/2020 22:57

I'm not commenting on the share price as it's too depressing.

I posted in the autumn about a new draft 5 year mineral strategy that had gone to consultation at that time. It's now been finalised and announced in this news release

There's a link in the article to the 5 year plan, or go straight to it here: . In general it is more favourable to miners than the current regime is, in terms of streamlining and speeding up procedures. Page 5 of the doc gives a summary.

[lovewinshatelosses] 02/3/2020 15:54

Just read back my post. Gosh, I come across as grumpy! At least Spring is not far off now; had enough of this winter! :) GLA.

[lovewinshatelosses] 02/3/2020 15:29

I am simply hoping for no further delays or unexpected problems with the current plans to be honest. Fundamentally I want to see us start to generate some income pretty soon (assuming those blasted permits are going to go ahead at some point in my lifetime), which might encourage existing large and hopefully new investors to come on board. In turn, this might help us if we need to borrow further to fund additional things, eg hopefully slightly more favourable rates of interest and sum in question, as the risk assessment of the lenders would take new revenue streams into account etc.
The thing I do not want, and fear most, is endless dilution, with destructive fund raises, as has happened elsewhere with so many AIM outfits. This is primarily why decent insider share buying (not freebies) is so important to my sentiment now, as you get the feeling that you are on the same page with company directors that have a decent amount of their own cash in the same venture that you do.
I am sticking with this company, but will only trade, rather than stake-build, similar outfits to this one in future - it has not been a good investment for me at all so far...

[rampair] 02/3/2020 14:16

Xclusive2 wise words,

My preferred choice would be a mainly shipborne crew who will operate just offshore
with a minimum of staff on land. I would also prefer that our cargo’s were processed in Canada - this was an early plan, but more recently the talk seems to be a plant on land.
I think this additional cost will be higher as we will simply be replicating what exists
already.

However we don’t get a choice, it would be much more efficient to add a tax to what we take and use that money and Greenlandic labour to build more infrastructure in Southern
Areas and the Capital Nuuk.

What are other people hoping for?

[xclusive2] 02/3/2020 12:28

Certainly not the largest faller, i could give you the 'LOSERS' list and not pretty with more to come through March imo.

I have one very large holding in CASP which was down @ 4.95p on Friday, unbelievable that it's gone there but bottom feeders in today as with other stocks.

The market is pricing in CV but there's more to come if containment not effective. Some good will come out of this as the leading Corporates will know not to depend on China for their manufacturing strategy. Hygiene levels may pick up around the world ? Chinese might change their diets and take bat off the menu !

Got to grin and bear it and trade it if you're clever enough and have the time to do so. There are bargains out there in oversold stocks with strong fundamentals but i'm not buying yet.

TT

[perfect choice] 28/2/2020 18:30

You watch different ones to me then, Eden -20% today, JAY -15% for example. But agree JAY has been hit more than most.

[uggy100] 28/2/2020 18:24

The fact remains that this stock is being punished more than any other aim stock i follow

[snowyflake] 28/2/2020 11:36

bigboyblue - O/T I have several medics in my family or as in laws. None are talking in the same vein as the media. Caution yes - elderly and those with pre-existing medical conditions are at more at risk than the strapping youngsters.

I hope that they and I are not proven wrong in our current opinions!!

Thank you for posting the article.

[lovewinshatelosses] 28/2/2020 11:07

That is my optimistic take on this too, PC. Lets hope we are right...

[bigboyblue] 28/2/2020 11:05

You would think the world is ending to look at the news and the market reaction. It won't last forever and probably not for very long at all. This article is old but may help to steady nerves for those willing to retain a sense of perspective:

[perfect choice] 28/2/2020 10:58

Well JAY raised £10M at 10p covering all its activities for 2020 and more. Dundas will be funded through partner and/or debt funding (assuming offtake/partner deal once exploitation licence in place). Approval stages now firmly on track and almost at final stage.

Markets driving many shares down so I take these opportunities for a top up which has been done.

Look beyond these short term chaotic periods and I see JAY with Dundas and I hope Disko as well as a great resource investment play at this price. Buy and tuck away for a few years policy here, you will not regret that IMHO

[xclusive2] 28/2/2020 10:27

Some sizeable trades inc a 1m rollover, ouch !! must be flipping mad .

[tarny] 28/2/2020 10:11

300k buy at 4.95

[xclusive2] 28/2/2020 10:08

The market is pricing in the upcoming chaos as profit warnings from the bigger boys start hitting the streets.

JAY raised cash thankfully and if it had to, it could mothball all activity, only costs being staff costs. What's happened to the opportunity from when it was priced at 25p ? A collapse of 80%+ and the prospect has increased in size ?

The opportunities in the market are incredible as NAV v share price are disconnected and all about timing as to when to pick a few up.

[32campomar] 28/2/2020 10:01

Just picked up some Jay at 4.84p. Unbelievable.

[rampair] 28/2/2020 10:01

Hi snowy, we have been here a while & whilst hindsight would have helped - it is now ,basically an Arm of the Danish and Greenlandic funds to an extent - with certain longstanding UK funds. I do think that the overhaul of management will now steer this, in time, to the best position- with the exception of Anglo American holdings on Disko island and Peninsular. - Clearly as a major that would be one way to play it. We do have
- after a long wait our EIA & SIA in, let’s hope it is prioritized .

Now it is, as some have pointed out elsewhere “option money” basically a small price paid now has an opportunity to offer decent returns. I’am certainly not offering advice on buying or selling - people must make their own decisions!

R.