Bluejay Mining Share Discussion Threads

[saturn5] 28/8/2017 16:37

Just look at the chart
It tells you what to do tomorrow

[airs999] 28/8/2017 11:38

..and £1 a share in a year or so. Happy Monday

[tilly99] 27/8/2017 15:39

Richie Macca is making Millioms of pounds here and many posters are making retirement amounts hereYou have to be happy for them all..both you and I said we wouldn't see 20p here ..we are both wrong Looks like 30p..wow well done to Macca with 4pct of this company and to a holders

[moreminer] 26/8/2017 18:40

Not a too eloquent reply but yes correct.

[richie666] 26/8/2017 17:55

LOLOL - The hubris here grows ever larger. Don't spend those profits until banked - 2nd rule of the game!!

[presto77] 26/8/2017 10:48

alba = crude nearologyend of story

[wishbone1970] 26/8/2017 10:41

In fairness they were
Birdseye fish fingers...

[maccamcd] 26/8/2017 10:06

Thanks shutit! A place of your choice Ok squiresquire fair enough ... But.... But... Over.

[squiresquire] 26/8/2017 09:43

macca

JAY didnt want the ALBA land, but actually if you look up the price of Graphite flakes of the quality ALBA now have the licence should turn out extremely well indeed. It really could be worth a fortune.

[shutittrev] 26/8/2017 09:32

Agree with just about everything you say Mac, but I take issue with the fish finger analogy.
When our boat comes in, I will treat you to a fish finger butty. You will not be disappointed. Cheers boss.

[snowyflake] 26/8/2017 08:23

Shavian - Bluejay had the licence for the area acquired by Alba but as far as I am aware, having evaluated the available resource and considered the position (e.g.steep cliffs), discarded it.

I understand that Rod McIllree considers that Bluejay's shareholders have the cream and like most cats we are licking our lips.

Thank you for posting the Alba release wherein the maps make it easy to see the location of the Bluejay licence. I had missed that detail before.

Please note that the daylight hours in Thule are in a link in the header with thanks to a kind poster who appears to be Rampair. 19 hours 14 minutes of daylight today for the "work brigade"!!

[shavian] 26/8/2017 05:16

Here's Alba's announcement of the licence grant just NW of us.



Looks like we have ambitious neighbours. The document includes two useful maps showing the adjacent licence areas and the proximity of Thule air base. Two questions:

- why did JAY not snap up this extra 104km of coastline for peanuts when it had the chance?

- is Alba a company of any substance? At first sight it's a couple of City chancers pulling together a string of unrelated projects (oil in The Weald, base metals in Ireland, uranium in Mauritania, and now graphite and ilmenite in Greenland). Either it's a brilliant punt, or it's all smoke and mirrors. Time will tell.

[rampair] 25/8/2017 18:07

Hi all, they still enjoy 19 hr 30min daytime in North West Greenland at this time of year. It gives a very decent season & with modern mining techniques, plus good planning it's not unrealistic to aim for year round production.
See: hxxps://www.timeanddate.com/astronomy/greenland/thule-air-base

The logic of offsite storage is also sound. Producers would much rather smooth out a years Ilmenite by buying regularly rather than a big lump I'd have thought?

If you look at the potential purchasers, just dropping down from Greenland you have
Tronox in Norway, Germany & Netherlands.
Rio is in Quebec, Canada.
Venatorcorp is based in Hartlepool & District UK.

These 3 companies control a vast amount of the Titanium DiOxide production Worldwide.
completing the picture is:

Iluka in Australia.

China:With Lomon Billions.com ( a merger of Henan Billions &Sichuan Lomon)plus a
Brazilian company ( MRE)

A consolidated market & competition- a decent amount of M&A too. Tronox bought out Cristal.
Venatorcorp ipo'd in August spun out of a merged parent co.(Huntsman)
& Iluka bought Sierra Rutile as discussed earlier.

Who could be interested in the Worlds purest & largest Ilmenite deposit?

Take your pick really imho.

Good weekend everyone:-)

R.

[shutittrev] 25/8/2017 16:25

Much obliged.

[snowyflake] 25/8/2017 16:14

shutitrev - Alba have two separate licences in Greenland. The graphite licence in southern Greenland which is the licence for which the fund raise was announced this afternoon. And the mineral sands licence north of Thule; that comprises the area which Bluejay had but cast off.

[shutittrev] 25/8/2017 16:01

Squire re:alba, I am sure I read somewhere that the area they have was a Bluejay cast off? I may be wrong, but I agree, a small speculative punt could be worthwhile.

[airs999] 25/8/2017 15:53

Well said Squire. Just about to pop open the Cristal to celebrate touching the 20p domain today

[squiresquire] 25/8/2017 15:52

Incidentally ALBA have just raised a million for work on their graphite project next to Bluejay, its a dirt cheap share and well worth a punt in my opinion

[maccamcd] 25/8/2017 15:48

Squire is the genius.. What a brain the man has. 5 Gold stars on this journey! Thanks for the clarity on why we hold it Sir Have a great weekend all.No spending till a few shares are banked in the 25-35 range

[shutittrev] 25/8/2017 15:23

Cheers for that Squiresquire and best wishes.

[squiresquire] 25/8/2017 15:12

He is actually underestimating it. Ages back i did a whole load of research and though Mike is saying a figure the licence holds, my own figures come to more, just slightly, than double his. Since early this year Ilmenite has rocketed up, in fact now you can get over %250 per tonne.

Base Titanium say below:

The price of ilmenite mineral has gone up by over 130 percent between May 2016 and March 2017, resulting in Base Titanium adjusting their projections upwards by 200 percent in the coming quarter.

This has been credited to political disruption of ilmenite products in India and suppressed ilmenite production in China’s main ilmenite producing region due to increased environmental inspections that have continued through the March quarter.

The company’s External Affairs Manager Simon Wall also says that there has been a continued improvement in ilmenite’s markets in the last quarter.

The company has sold 122,783 tonnes of ilmenite in the quarter ended March, up from 97,047 tonnes sold the previous quarter.

There was also a positive outlook for rutile and zircon in the quarter by the company, despite a flattening of production and sales of the two minerals.

Broken down, there was a marginal increase in the production of rutile from 22,870 tonnes to 23, 107 tonnes. Sales were up to 21,416 tonnes from 19,773 tonnes. Zircon’s production was down to 8,212 from 8,591, while isales dropped to 8,069 tonnes from 9,432.

“Our continued strong performance has reduced net debt by a further US$7.0 million in the quarter,” Wall said.


In other words trev, this is not big or huge its honestly off the scale and during the next four months until yeaer end i will be very surprised if this doesnt get to be AIMs best share of the year. Two year back i got PANR so it would be sweet to get this one.