Georgian Mining Share Discussion Threads

[swerves1] 17/4/2019 11:56

And what do you know about mining Strelok?
Can you enlighten us?

[iloveit] 17/4/2019 11:29

Zzzzzzzzzzzzzzzzzzzzzzzzzzzzzz 3p zzzzzzzzzzzzzzzzzz

[swerves1] 16/4/2019 21:42

1,455,727 traded today, and plenty of buys too!

[5trelok] 16/4/2019 21:10

Has trading been suspended?









5t

[swerves1] 13/4/2019 17:23

Pugugly - thanks. So the following possible scenarios:

1. A public servant abusing their discretion -
Could be a "smart-ass" in the Government that seen the initial test samples when they came in and how good they were, and then wanted to get a "cut" out of this himself somehow! Or he wanted to disrupt this permit to get someone else or other company involved first?
2. Political spanners at the highest level -
Someone in the Government or close to it wants to get a part of this? This is possible, but I don't think they could take it without having to pay steeply!
3. Dishonest local partner -
Their local partner is Caucasian Mining Group. They, who are Russians I believe, own the land and have already put all the infrastructure etc in place there. Also they have made big investment in adjoining areas around there. I think they are strong financially and that they'd not want, as a foreign entity, to get involved with any dishonesty there. The only thing I can think of is if they could have some issues with the Government to sort out first!

Hopefully it will get sorted soon because Georgia insists it wants to encourage foreign investment and GEO have already spent so much time and money proving up these mines!
The share price is down to 3.1p because of all this uncertainty, but I certainly think it's worth a punt at this price and have bought recently at average price of 3.27p.

[swerves1] 13/4/2019 15:53

But even if they were selling down in January, I don't think they could know anything about the permit!
How many have Amanti left now do you think?

[pugugly] 13/4/2019 14:51

A very long time since last rns on 11th Jan re licence update - The long silence sends its own message - Amanti (wise birds) were sellin down in Jan at between approx 5.8 and 6.2p now approx 3.1/3.2p Message very clear -

[teemore] 13/4/2019 13:14

5trelok a few others-This is an exploration company that appears to have good acreage and some good results to develop a mine. A company has only limited/little control over permit approval. It is not a FTSE 100 company!!

[swerves1] 13/4/2019 10:40

Stuart Packford increased his shareholding to over 9% after a very recent trip to Georgia to see the mines and the situation there. I would hope that he seen enough positives then or otherwise why would he have increased his holding?
So he must have come back more confident about the permit!!

[swerves1] 13/4/2019 09:34

News next week hopefully with the permit approval!

[5trelok] 12/4/2019 18:39

artyth you said on lse that you own over 1% of this gem. I urge you to appoint an

attorney and register a financial affairs LPA. At least until you're of sound mind.









5t

[swerves1] 11/4/2019 19:40

Enewman36 - they are waiting for the permit approval. As soon as they get this, it will be all systems go because they have a 25 year mining license to drill there.
I know it is frustrating waiting, especially as the mining prospects they have look excellent.

[5trelok] 08/4/2019 19:15

@sclper

Yes, missed that one - I thought it was a competitive package I'd put together too.






5t

[iloveit] 05/4/2019 13:25

Any following buys could be interesting after the rns director buy last few days.

[sclper] 04/4/2019 22:49

Did you buy Pretty Green?

Edit: I see you were outbid by J D Sports. They must have thrown in an extra bag of crisps ;-)

[5trelok] 04/4/2019 20:25

@seanlander - of course he's down,best part of a million quid and I think his average is still double figures
He's going to be lower than he was when news lands and that's the main thing - if it's real news, he'll get out in one piece.

@microscope - yes, I was thinking that - new tax year and all.





5t

[microscope] 04/4/2019 18:43

Tomorrow would imho look a bit blatant for Big Jim. My guess is next week for the approval news.At bloody last

[seanlander] 04/4/2019 18:27

Just wondering how that pump and dump works? Isn't big Jim meant to earn money if he's doing that? On my calls he's down massive at the moment... maybe I'm missing something?

[5trelok] 04/4/2019 15:02

Big Jimmy has doubled down

They're hoping for one more pump and dump to get out


Just who "they" are?


I'll leave it to you to work out.


Don't be the one who pays them off...





5t

[seanlander] 04/4/2019 10:32

Trading is starting to gather some momentum today. News is well overdue...

[snowyflake] 04/4/2019 10:09

The company has two very experienced guys at the helm in O'Brien and Struthers. One would like to think that the authorities would not want persons of that quality to throw the towel in and move on. If the information posted by saracen3 (thank you to you) is correct then well done to Packwood and good luck to him and the rest of us.

[seanlander] 04/4/2019 10:05

Wow! That's interesting. After seeing the mine he's added another good chunk of shares. Massive confidence booster for me. The BOD must surely have something ready to announce soon, why would Stuart invest more?