Bluejay Mining Share Discussion Threads

[citytilidie] 05/11/2020 22:53

Andy, you muppet. As far as I am aware Canadian markets don’t normally trade OTC. You are welcome to prove me wrong however. Without looking it up, do you actually know what OTC stands for?

[andy] 05/11/2020 22:44

PC,


But that's fine as broker dealers act for their clients.


Poor trading so far, and that does not surprise me, there's a lot of competition in the US, thousands of stocks. I think the OTC has over 11,000 itself, then there's all the other exchnages.


A crowded pond to get noticed in.

[perfect choice] 05/11/2020 21:13

From what I read on the OTC site, pink market only allows trading for broker-dealers, not for direct trading by investors and companies, so reason for JAY to wait until changed to OTCQB before controllable RNS's issued. Should be only a few weeks max before change to OTCQB (see davidv post earlier). Check

[drmaccers] 05/11/2020 20:39

It's like on Pink OTC now. At last. I presume it'll change to QB listing at some point. Must be some sort of technical hiccup if on Pink but as long as it means they can start RNSing I don't care!!

[shutittrev] 05/11/2020 15:02

Spot on snowy. I've listened again to his interview with total market solutions on 220720.
He thinks Optimisation study, mining licence, conclusion of distribution agreements to happen in October.
0 out of 3
Now then Andy me old mucker...how things your end?

[andy] 05/11/2020 13:11

Not many trades so far, the US markets are stacked out with companies, it's a very crowded goldfish bowl to command attention in.


The OTC markets have a lot of Canadian mining juniors as well, with a promotion industry set up in the states, so again amongst peers it'll be hard to make yourself heard.


I'm not sure JAY will generate much trading traction in the USA, other companies have tried this route and not found it fruitful.




T

[perfect choice] 05/11/2020 12:07

On these near term forecasts I would give RM a few weeks leeway, as for example he cannot control the OTC authorities and their timescales if they are slower to respond than expected. Now if it was months delay that is when I would be concerned if it was for something that was said to be "next month"! I also see interdependencies here, some deliberate news holding until another event has occurred, in this case OTC listing done. But those interdependencies are not being made clear so you have to work them out (or guess of course). Certainly once OTC done, see no reason to delay items like Dundas cost optimisation results as an example of one I think is being held back.

[snowyflake] 05/11/2020 10:20

I agree PC which goes to show that RM appears to have got the timing wrong.

[perfect choice] 05/11/2020 09:23

Thanks davidv, visible progress at last. If I read the OTC site correct, pink market status does mean JAY can now be tradeable on the pink market under the terms of that market (broker-dealers only), but expect main action to be when it is moved up to the OTCQB. Hopefully within next few weeks as you say. So October wasn't the progress news month in the end, but looking 2nd half of November will be. Still think this OTC listing is holding "controllable" news back.

[davidv] 05/11/2020 08:03

Jay have now moved to the " Pink " market , Cloudcall Group were on this for up to two weeks before they changed to OTCQ.

[perfect choice] 03/11/2020 13:07

Of course money is hanging in here, when JAY gets to around 20p IMHO spring next year (and some people think quicker), then that's a really good return!

[kemismelt] 03/11/2020 10:03

cititilidid@8556:

Wiseguy, lockdown or no-lockdown, our money is hanging there!

[citytilidie] 03/11/2020 04:34

As a lockdown is about to start in the UK and other countries, it would also be great if a certain poster was also put into lockdown!

[kemismelt] 03/11/2020 02:21

PC@8553:

As a rebound on your 'this theoretical scenario' comment, let me ask if AIM:JAY's ploy in creating and using an unsuspecting DUNDAS TITANIUM A/S as 'a doormat' to enter the Greenland Ilmenite Sector or even rushing to OTCQX(NSE) lately, even without the fundamentals, was not 'theoretical' enough?

[kemismelt] 31/10/2020 02:22

PC@8553:

Very thoughtful reply that removes the hinderance of LON:JAY's other forays from the table! Now, DT's ML as present, in itself, will be too large a captive mine, capable of supporting the 72ktpa SISIMIUT Hi-Ti-Slag hybrid smelter for >100 years!

I would not advice my NRI-Groups to invest a single penny on that 46.5%TiO2 ilmenite in Greenland that cannot be locally converted to a value-added 87%TiO2 feedstock for TCl4 production for the nearby American market.

[perfect choice] 30/10/2020 09:01

Yep and great top up opportunity which is being taken advantage of from the look of things

And just got around to reading kemi's last post. Not surprised timescales were not feasible, several posts on here already on expected approval timescales. On the exploitation licence, that will be under the ownership of DT, being a subsidiary of JAY. Only route to DT right now is through JAY and as also stated several times here, the nature of operation of Dundas will be a condition of the licence such that the licence could be invalidated if a different approach (minimal for one purpose) to production is taken, thus such a takeover would fail by any party taking a different approach which does not optimise opportunities and value creation for local communities. Now DT may well in future become a separate entity to JAY as part of a 1:1 share placement for current JAY shareholders and that could well create an opportunity for DT to be acquired subject to the terms of the exploitation licence. In this scenario, if anybody thinks they can walk in and takeover without competition from more powerful parties and existing business operations who would like to own Dundas themselves, they are going to be in for a surprise IMHO. They will need very deep pockets to compete in that competitive situation, which I really doubt exist to the depth required, be it all this would be good for the shareholders if this theoretical scenario occurred.

[luffness] 30/10/2020 08:32

Looks like some were expecting news before end October...

[bigboyblue] 30/10/2020 07:16

tbc, as I understand it the number of shares in issue remains exactly the same (unless otherwise announced) so they are the only shares US buyers can buy. It can only push up demand for shares as far as I can see. Don't forget we are already listed in Frankfurt.

[luffness] 30/10/2020 05:54

Yawn - no one cares

[kemismelt] 30/10/2020 04:57

To PIs interacting with me on this thread:

With no way to conclude my one year PIS (aborted in JUN19) for the all important Sisimiut ilmenite smelter without the required LoI from DT for 115ktpa DUNDAS ilmenite feedstock and unable to decide on the blurred title to any potential EXPLOITATION PERMIT between DUNDAS TITANIUM A/S (a Greenlandic legal entity) [DT] and BLUEJAY MINING plc (a British holding company purported to holding all its equity) I am compelled to highlight the following:

[1] Both are sovereign entities, one Greenlandic and the other British.
[2] DT is claimed a 100% subsidiary by LON:JAY under British law.
[3] But DT is a Greenlandic joint stock company with one local shareholder and the rest British.

Therefore I may be compelled to peruse the EXPLOITATION PERMIT "when issued" under prevailing Greenlandic mining laws to DT. It could be result-oriented to take-over DT as a joint venture with British & Greenlandic investors.

[thebigchap1] 29/10/2020 20:21

how does the dual listing work? for instance are the shares already listed on the AIM moved back n forward between the two markets as they are bought n sold?

[bigboyblue] 29/10/2020 18:09

This is on a similar theme. Not specifically mining related, but further clear signs of a developing relationship between the US and Greenland:

The more Greenland is in the US news the better, when the US listing happens.