Connemara Share Discussion Threads

[the diddymen] 06/5/2013 09:45

I would not worry about de judge, I would worry about de graph.

[caveat_emptor] 05/5/2013 18:14

Any sign of de judge yet?

[r 2 d 2] 03/5/2013 18:09

Teeling when he spoke on Irish Radio in mid December :



9mins 36secs into the above audio, he says he doubts gold will ever be found in commercial quantities in Ireland.

[caveat_emptor] 03/5/2013 17:50

Old news!!!
Re-hash.
Should stuff someone's pipe...one in particular tho'

[caveat_emptor] 02/5/2013 04:06

Making mischief I see?

[hvs] 01/5/2013 18:25

Capitulation is coming

[hvs] 30/4/2013 15:48

One very big CON.

[up just a little bit] 30/4/2013 12:59

Just vindictive with no closure.

[goulding1215] 30/4/2013 08:30

Caveat_Emptor 28 Apr'13 - 11:17 - 1176 of 1178

Gouldie...what % does lettucehead now own?

I don't know. But who cares? He has failed. Nasty piece of work.

[caveat_emptor] 28/4/2013 11:17

Gouldie...what % does lettucehead now own?

[share_shark] 26/4/2013 20:42

jecs 26 Apr'13 - 20:07 - 1366 of 1368


Sallad,
I have re-read the Sunday Times article of 17th March as posted by you previously. I don't see any mention of Teeling saying April.
Are you talking about some other article?

You go on to say "The judge didn't give them the extension they wanted" as though it was the defendants that wanted it. The motion was instigated by the plaintiffs (albeit agreed by all).

[caveat_emptor] 26/4/2013 20:06

So, what % of the revised issued shares do you now own lettucehead?

[sallad3] 26/4/2013 17:50

Be nice to think that Teeling would be as forthcoming to CON shareholders as ALBA is to its. But then he can't even tell us when the JV document was signed let alone what is in it as that would probably cause him terrible conflicting disclosure problems.

This is the adjacent licence detail per their results issued this morning.


Ireland

On 7 December 2011 the Company announced that it had entered into an exploration option and Joint Venture Agreement (JV) with Teck Ireland Limited ("Teck"), a subsidiary of Teck Resources of Canada, on the Company's Limerick Zn-Pb-Ag property in Ireland.

Under the terms of the agreement, Teck has the option to earn a 75% interest in the Limerick project before forming a JV company, to be held 75% Teck, 25% Alba, by committing to funding US$400,000 of exploration expenditures over a maximum four year period. The exploration expenditure profile to be incurred and paid by Teck is detailed below:

Payment due on or before
Cumulative Expenditures
30 June 2012 US$100,000
30 June 2013 US$200,000
30 June 2014 US$300,000
30 June 2015 US$400,000

As at the year end Teck has incurred US$118,377 of exploration expenditure on the drill program referred to below.

Payments due under the Option Agreement may be extended by six months to 30 December of the respective year within which the payment is due, provided that the Company is given notice prior to the date on which the payment is due. Should any payment due be not made by the date specified if no such notice has been received by the Company, or by the extended date (as the case may be), the Option Agreement shall be terminable immediately at the Company's discretion.

Alba can maintain their interest in the JV company by contributing according to their participating interest or elect to dilute to below 10% whereupon Alba will be deemed to have transferred its remaining interest to Teck and shall thereafter be entitled to a 0.5% Net Smelter Return Royalty ("NSR") during the first three years of production and 2% NSR after that date.

The project, which comprises a prospecting licence, is located in County Limerick,Republic of Ireland and work to date has confirmed the presence of geochemical soil anomalies coincident with a strong development of dolomitization, determined through drilling, within the Waulsortian Limestone Formation ("Waulsortian") near the contact with the underlying Argillaceous Bioclastic Limestone Formation ("ABL"). The Waulsortian-ABL contact is known to host base metal deposits in Ireland such as the mines at Lisheen (Co. Tipperary) and Galmoy (Co. Kilkenny) and the new exploration play at Stonepark (Teck) and Caherconlish (Xstrata). These deposits are located approximately 8 km north-northeast from the Limerick Project.

In 2012, four diamond drill holes (totalling 956.7 metres) were drilled by Teck. The holes were drilled to test the stratigraphy of the licence and the mineral potential within lower carboniferous limestone close to younger mafic lavas and intrusions (as present at Teck's Stonepark project 8 kilometres to the north). Drillhole, TC-3841-3, intercepted 6 metres of semi-massive and disseminated pyrite between 508 and 514 metres within the target limestone. A 2 metre mineralized interval within the aforementioned interval contained 0.575% Zn, and trace amounts of lead (208 ppm). The presence of pyrite is encouraging since it often indicates the presence of base metal sulphides at other properties in the Limerick basin.

[goulding1215] 26/4/2013 16:34

Hardy stuffed again with that rns. Did they not ask you to CONtribute?

[up just a little bit] 26/4/2013 15:19

Did not get want you wanted.

Now that's a FACT.

[sallad3] 26/4/2013 14:51

ss

Thou dost talk tosh

It is a partnership.

[share_shark] 26/4/2013 14:25

sallad3.

I am right and you know that

Read the document

Nowhere does it refer to either a company or a group

162group is an umbrella for totally separate interests

There is no legal entity

You know that


Besides which your link does not open correctly.

[sallad3] 26/4/2013 14:07

ss

We agree....you really are very silly as you seem not to check even the most basic of documents before you spout more drivel.

[hvs] 26/4/2013 13:34

0.3% and its all fine.

Is it a JOKJE cause its not FUNNY

[share_shark] 26/4/2013 08:16

sallad3. If you make a statement and wish to be heard(why else are you here) please provide a link and let the statement be correct.

It is my opinion that yoou are very confused regarding DH and have mixed up names.

DH is a shareholder nothing more
You know that by looking at the websites
Getting mixed up between David Horgan and David Hynes.

Continuing to post inaccurate information does tend to make one look silly and not be taken seriously. So do get it right please so that we CAN check for ourselves, the points you are making.

[up just a little bit] 26/4/2013 08:08

Sallad,
You have stated that you buy a single share in Teeling companies in order that you can attend AGM's.

What return is this giving the investors in your company including associated costs or is this a private transaction?