Cadence Minerals Share Discussion Threads

[diesel] 12/12/2017 12:38

Cut, dead right, the opportunity here, and I think the management are beginning to understand is in the value of very early explo companies, the question is timing, get in early and sell once the resource starts to get proved up. From then on there the demands for cash for PFS, DFS etc only leads to dilution.

[cyfalafwr] 12/12/2017 12:28

rossowheels
12 Dec '17
They need to start mining and selling the stuff!


I don't think of this as a mining company , more like an investment company that has fingers in a lot of mining exploration holes.

[rossowheels] 12/12/2017 11:55

FQR714BHP: I wish their problems could be solved by a consolidation. They need to start mining and selling the stuff!

[fqr714bhp] 12/12/2017 10:10

Today an RNS: Director's buying shares on a monthly basis from Feb 2018 for 1 year???

Do they really think that this will make the share price rise????? No it wont.

All they are doing is spending the money from the sale of Bacanora for their own benefit. LOL!!!

10:1 share consolidation that is what is needed here urgently.

[loganair] 11/12/2017 09:29

All well and good talking about we've got good stuff under the ground, how are these companies going to pay to mine and the infrastructure to bring to market will cost many, many $100's of millions.

[strongbuy] 11/12/2017 07:13

Looks like a big rally coming here

[whites123] 01/12/2017 14:51

Renewable energy... Battery Power.... Todays news tesla switched on biggest ever Lithium battery.... Hmmmmmmmmmmmmmmmmmmmmmmm

EMH THE LARGEST EUROPEAN LITHIUM DEPOSITS.

EMH : European Metals Holdings.

Year High 84p Fund Raising at 36p Todays share price 40p Despite announcing Europes Largest Lithium resource. With so much talk and chat about Battery powered cars etc, where is the Lithium going to come from.

Early bird catches the worm etc etc.

European Metals Holdings Limited (LON:EMH) (ASX:EMH) has announce a further upgrade of its JORC compliant Indicated Mineral Resource at the Cinovec Lithium/Tin Project in the Czech Republic, confirming its status as the largest Lithium resource in Europe.



· Drillhole CIS-9 returned one of the best results of the Company's drilling program to date: 204.6m averaging 0.44% Li2O, (and within it 70m@0.58%Li2O; 13m@0.19%Sn, 6m@0.58%Sn, 3m@1.02%Sn and 0.179%W).

· Drillhole CIS-8 returned a continuous relatively high-grade lithium mineralization interval that includes multiple zones of tin and tungsten mineralization: 152.5m averaging 0.41% Li2O, (and within it 3m@0.52%Sn, 6m@0.12%Sn and 0.077%W, 7m@0.14%Sn).

· In the eastern part, the best results are from CIS-7, with 45.5m averaging 0.37% Li2O, and 102m averaging 0.31%Li2O, with strong tin and tungsten credits (11m@0.24%Sn and second interval includes 12m@0.17%Sn and 13m@0.16%W).

European Metals CEO Keith Coughlan said "We are very pleased that not only have we competed the planned drilling program on time and within budget, but that the results are excellent, in particular with respect to the two infill drillholes on the western part of the Cinovec South deposit. These drillholes intersected strong lithium mineralization with significant tin and tungsten contents. The results from this drilling will allow the Company to convert additional resources to the Indicated status and further optimize the Cinovec South mine plan. The geological and resource model upgrade is now underway."




FURTHER INCREASE IN INDICATED RESOURCE AT CINOVEC SOUTH

European Metals Holdings Limited ("European Metals" or "the Company") (ASX & AIM: EMH) is pleased to announce a further upgrade of its JORC compliant Indicated Mineral Resource at the Cinovec Lithium/Tin Project in the Czech Republic, confirming its status as the largest Lithium resource in Europe
The Company has recently completed a four-month drilling campaign at Cinovec South, comprising six core drillholes for 2,697.1m meters, with the goal of closing 'gaps' in the existing resource model in and around the initial planned mining areas and upgrading part of the resource from the Inferred category to the higher confidence Indicated category. The results, summarised below, are satisfactory and exceeded expectations.
· For the entire Cinovec deposit (South and North), the drilling added 39.4 Mt of Mineral Resource grading 0.41% Li2O and 0.04% Sn (0.1% Li cutoff), or 220kt tonnes of lithium carbonate (LCE).
· Majority of resource increase (97%) is at Cinovec South where initial mining is planned.
· The Indicated Mineral Resource category increased by 7% to 372.4Mt@0.44% Li2O.
European Metals Managing Director Keith Coughlan said, "This drill program targeted areas of low historic data density with the aim of bringing these areas, which lie adjacent to the planned initial mining area, to Indicated Resource category so they can be used in the ongoing definitive feasibility study. The drilling was a success with some large areas of higher grade mineralisation defined in the target area.
On the back of this resource upgrade, we have commenced an optimisation of the mine design. When complete, this will allow finalisation of a grid drilling program for upgrading parts of the Indicated Resource to Measured Resource to facilitate the definition of proven reserves for the definitive feasibility study that is progressing well."

[mikemichael2] 01/12/2017 09:58

The world's largest lithium ion battery has begun dispensing power into an electricity grid in South Australia.

So where are they getting all their Lithium from ?

[sanilav] 30/11/2017 14:18

Am at a bit of a loss as to why we appear to have fallen off the edge of a cliff.Did i miss some devastating news or are peeps just selling these and piling into PYC.

[rossowheels] 30/11/2017 14:16

BCN should be the key investment and they used to have almost 20% direct interest plus the joint venture. It seems that they feel that this is no longer key and that they are now spreading their chips over other shares so that they are not ever exposed to any single miner.

[thenewtradesman] 30/11/2017 14:00

Im just doing my technical analysis on this share now.

also adding in price rise versus positive RNS and ....

oh thats very unusual

[gantenbrink] 30/11/2017 13:05

Nothing in the update about BCN. Surely that is the key investment and not even worthy of a mention!

[fqr714bhp] 30/11/2017 08:40

Haha an RNS today, A bit of good news i guess.

It states that the investment in EMH has returned an unrealised return of 208%?????

It is a bloody big shame that the share price Of KDNC has reduced by over 208%???????

LOL.

[rossowheels] 28/11/2017 20:34

If there were profits in issuing shares this company would be paying dividends. I have to admit that they are rather good at it either by a straight forward placement or by issuing convertible loan notes ie dilution by stealth. It seems to me that they will spend the remaining cash on more shares in other miners and it would not surprise me if they then sold more BCN since they have the JV in addition to the direct shareholding. Of course they will say that they made a capital appreciation but is selling BCN stock good business sense or desperation?

[loganair] 28/11/2017 19:05

They've issued too much cheap paper.

[rossowheels] 28/11/2017 18:10

Cyfalafwr: most have probably jumped off a tall building. This company used to have so much promise but I fear it is now a dead duck. One to hide away in a drawer for a few years and just maybe one day you will be pleasantly surprised.

[cyfalafwr] 28/11/2017 10:59

A bit of good news from EMH and ..... down we go.

A bit quiet on here these days have most people jumped ship , which is understandable.I will have to have an exit plan as well ,getting a bit frustrated with these, thankfully not heavily invested here.

[cyfalafwr] 22/11/2017 19:19

Agree ,this is AIM and as PI's we can only guess.

[rossowheels] 22/11/2017 18:11

Cyfalafwr: Maybe although this is just one of a series of milestones they will have to achieve in order to reach the start line.

[cyfalafwr] 22/11/2017 14:43

rossowheels
22 Nov '17 - 07:44 - 415 of 416
Cyfalafwr: the price of BCN may have increased because they sold?


I thought the rise was due to this , I stand corrected

Bacanora, the London and Canadian listed (AIM: BCN, TSXV: BCN) lithium exploration and development company, is pleased to announce that access and surface rights have been secured for its flagship Sonora Project ('Sonora' or 'the Project') in Mexico. This is in line with the Company's strategy to construct an open-pit mine and large-scale beneficiation processing facility at Sonora, which is one of the world's larger lithium deposits. A Feasibility Study ('FS') for a 35,000 tonnes per annum lithium carbonate operation at Sonora is on course for completion in late 2017.

[sanilav] 22/11/2017 13:44

A little breath of fresh air at last.