Bluejay Mining Share Discussion Threads

[moreminer] 25/8/2017 10:09

Here you are Snowyflake,



It is about the same as printing money!
Just bend over and pick it up.

Lucky me having bent over and picked up quite a basket of BlueJay shares!

MM

[snowyflake] 25/8/2017 10:03

Astral - I do not wish to get over excited about eventual valuation but imo and the view of others the size of the resource, the purity of the resource and the fact that unlike most deposits the purity does not vary to a great degree across what has been examined in depth so far, means that the product should be particularly attractive to buyers.

I added some more yesterday but I remain very aware that there are steps that still have to be achieved before the board have an exploitation permit. It is therefore still feet on the ground!!

You can get the sets of SRX accounts on their website - well worth a look for comparisons. You will see that the latest mine that SRX built is Gangama; there were plans for another Sembehun to mine a different deposit at the time the sale to Iluka was completed- but each mine constructed costs a lot.

I am not either a miner or a geologist;.therefore I write in general terms. GL

PS there is a new tweet from Bluejay in Greenland posted yesterday evening. I do not have the know how to give a link here.

[vesperdene] 25/8/2017 09:53

MW was right on big seller clearing at 18. Its done now by looks of it, hence significant volume kept it pinned at 18z

Big question now for me is when is Disco deal happening? With JAY advancing so rapidly and all the material news comi h as per last release, i reckon a split might be very very close indeed. Hopefulky good news for JAY holders.

[astralvision] 25/8/2017 09:17

Snowyflake
thanks for the info re SRX.I see SRX was producing something like 125,000 tonnes/year of mainly rutile. I don't know what reserves they had (?), but situation at JAY re possible production levels and cost/tonne and % levels would, on a quick glance, seema lot better than SRX. Difficult for me to quantify that, perhaps 5-10 times better would be my guesstimate, wonder if that will translate through into any eventual sale to third party price. If so, we could be loooking at £1bn+ here.

[airs999] 25/8/2017 09:12

Shorters have left the stage (heads bowed)

[airs999] 25/8/2017 09:04

Happy Friday to BLUE FAMily! Big up to long term holders

[moreminer] 25/8/2017 08:35

Morning all.
Possibly today we will get to pass the 20p hurdle.
Would be a good start of the weekend, cheers!
MM

[squiresquire] 25/8/2017 08:12

Wake up folks, a nice buyer has entered stage left!!

[snowyflake] 24/8/2017 13:32

astral - I agree with monts12; this is now a game of patience. Bluejay has a very large and pure resource. There are some hurdles to cross which I consider are relatively small hurdles e.g. finalise EIA and SIA complete internal DFS and prove up an increased resource. Then the exploitation permit; and there are works to be done. The Greenland authorities have to oversee a proper process.

imo keep at the back of your mind that SRX was sold incl debt for circa £250 million which many of the investors like me thought was an undervalue. At one point pre Ebola and pre a downturn in mineral prices SRX was valued by the market at £500 million.

I did nicely out of SRX; I hope to do far better from my investment in JAY and look forward to translating hope into expectation!!!

[astralvision] 24/8/2017 11:55

good volume, 4m+ traded so far, feels like it could take another hike north reasonably soon. Added yesterday.

[gersemi] 24/8/2017 10:11

Bought some, again.

Tipped today in Shares mag. Mike Walters very bullish as well

[monts12] 24/8/2017 10:08

It won't matter much over the med/long term whether 16p or 19p was paid for the shares, they will rise by orders of magnitude imo

[citytilidie] 24/8/2017 09:57

That makes sense as there are a lot of trades today albeit mostly small. Good sign when they are still being tipped at this level, even after their recent rise

[squiresquire] 24/8/2017 09:10

Very nice write up by Mike Walters on his site about JAY, really very good news.

[citytilidie] 23/8/2017 16:24

I've never known anyone post as much on a board when they haven't even got a position. You've made your point at least 30 or 40 times now, so please leave us alone

[presto77] 23/8/2017 15:44

Making a call doesn't equal a trade richard.No trade dates, no amounts....just made up in his mind.Woulda, coulda, didn't.Ps i tht you would like the "mate" thing...people tell me you don't hear it very often!Cheers

[shutittrev] 23/8/2017 15:39

Dear oh dear Richie. You have such anger issues. Take a few deep breaths and stop being so silly. Then perhaps this board, which you insist on posting your boastful narratives on, may take you a little bit more seriously. Best regards old man.

[richie666] 23/8/2017 14:24

Don't worry about me squire - just profit taking in ITM Power after doubling and some on our recommendation -

That's after a doubling in SLN -

A five bagger in GRIT and a doubler in GENEL.

Happy days indeed!

[snowyflake] 23/8/2017 13:16

yes it is old fruit - tried to call you a few times since your "problem". I will send you a private advfn message. It would be great to speak to you and catch up.

[niplad] 23/8/2017 13:08

snowy. is that my old mucker DB ?

[aravali] 23/8/2017 09:55

well noticed Snowy, as always! i missed that bit...
i await with excitement...

[snowyflake] 23/8/2017 08:49

Although the company want to concentrate on Greenland I noticed this quote from the section on Finland "once we have completed a renewed licensing process to cover some new areas of interest identified by recent drilling"

Now I wonder which areas and what has the company found. An addition to the value of the Finnish assets?

[tilly99] 23/8/2017 08:18

Sorry Richie I stand corrected I thought you were offering 5m shares at 12p as you thought we were worth no more than 2 or 3pAt 18p you must be v tempted to put a v big short on as that's 16p profit or is there no borrow?If not in sure Macca will enter into a legal contract and will bid you say 15 or 16p for 5m?Good luck to all holders