Georgian Mining Share Discussion Threads

[pre] 29/9/2017 09:32

The potential upside here is enormous as highlighted by the few well informed posters on here...copper becoming more scare as a natural resource can only mean one thing...higher prices:-)

[pj 1] 27/9/2017 09:19

Its still a leaky ship. It always gets bought before an RNS, late yesterday being yet another example

[tippow] 27/9/2017 08:18

If that RNS doesn't give you a hard on then you shouldn't be investing. Incredibly bullish, strategically advanced this project to bring on the cusp of delivering a significant resource. There only one other aim junior that comes even close to Geo and that is ARS. And there is are no better placed copper miners out there.

They are heading towards the first 50Mt target in quick time with sufficient Jorc resources for at least 3years mining to begin with.
To put the 50mt target into perspective it means their is enough throughput for 50 years at the partners mine processing facility.
That won't happen because if the resource target is achieved they have indicated that they will have another stand alone mine up and running with 2 to 3 years -meaning they will be counting the gold and copper output from 2 mines.
The second mines output target must already be under consideration bearing in mind we as shareholders are the last to know.
I believe the extensive old Russian resource reports indicate at least enough material fo a further 750MT to be jorc confirmed .To that end they mention other identified target areas which bears out my understanding that there are a dozen more zones similar to the combined GZ1,GZ2 and CZ1 overall target expectations of 50mt Of contained G,C resources.somewhat huge to say the least.

Also mentioned are the ongoing mining and processing agreements discussions with no definitive date given although they must be close.

[timw3] 27/9/2017 07:45

RNS re-affirming what a great position the company are in on their journey to become become a major European gold-copper producer.

"potential to host large scale epithermal gold-copper mineralisation"

Nice to see they still have £4.2m in the bank also

[tippow] 26/9/2017 18:12

nice quiet thread= no hot money. Just how i like it prior to the herd arriving on news commencement.

[tippow] 26/9/2017 17:59

Very very close to breaking out on the chart now prior to newsflow commencing.

Bodes very well.

May get a top up in tomm as shortage of shares is very likely soon given recent volumes.

[greatfull dead] 26/9/2017 14:43

PRECIOUS METALS

December gold closed sharply higher on Monday as it consolidated some of the decline off September's high. The high-range close sets the stage for a steady to higher opening when Tuesday's night session begins trading. Stochastics and the RSI are oversold but are turning neutral to bullish signaling that a low might be in or is near. Closes above the 20-day moving average crossing at 1324.00 would confirm that a short-term low has been posted. Closes below the 50-day moving average crossing at 1294.50 would open the door for additional weakness near-term. First resistance is the 20-day moving average crossing at 1324.00. Second resistance is September's high crossing at 1362.40. First support is the 50-day moving average crossing at 1294.50. Second support is the reaction low crossing at 1281.30.

December silver closed higher due to short covering on Monday as it consolidated some of the decline off September's high. The high-range close set the stage for a steady to higher opening when Tuesday's night session begins trading. Stochastics and the RSI are ovesold but remain neutral to bearish signaling that sideways to lower prices are possible near-term. If December extends this month's decline, August's low crossing at 16.190 is the next downside target. Closes above the 20-day moving average crossing at 17.614 would confirm that a short-term low has been posted. First resistance is the 50% retracement level of the 2016-2017-decline crossing at 18.203. Second resistance is the 62% retracement level of the 2016-2017-decline crossing at 18.946. First support is the reaction low crossing at 16.645. Second support is August's low crossing at 16.190.

December copper closed lower on Monday while extending the trading range of the past two-weeks. The low-range close sets the stage for a steady to lower opening when Tuesday's night session begins trading. Stochastics and the RSI are oversold but remain neutral to bearish signaling that additional weakness is possible near-term. If December extends the decline off September's high, the 50% retracement level of the May-September rally crossing at 284.03 is the next downside target. Closes above the 20-day moving average crossing at 303.58 would confirm that a short-term low has been posted. First resistance is the 20-day moving average crossing at 303.58. Second resistance is September's high crossing at 317.85. First support is the 38% retracement level of the May-September-rally crossing at 292.04. Second support is the 50% retracement level of the May-September-rally crossing at 284.03.

[greatfull dead] 26/9/2017 08:40

Gold and copper up. Boads well once GEO start producing these precious metals.

BLOOMBERG PRECIOUS METALS FUTURES LINK.



GLA,
GD

[teemore] 26/9/2017 00:19

timw3- you should cool down as your comments does not add anything positive. Different posters have different opinions and sometimes the do not match yours. I am also a holder for a long period.

[pj 1] 25/9/2017 19:14

Because we are at an historic level of resistance going back to Jan 2015, that's a long time, so if it is Sellers clearing then it could be very good News, and eliminating any overhead supply issues. It could even bring 50p chart wise into target but it will need very good news for that, or a P&D. imo.

[timw3] 25/9/2017 19:09

who cares? its history now.

[pj 1] 25/9/2017 17:31

Unless we get an RNS then you don't.

[john2017] 25/9/2017 17:23

How do you know that buy was not from a previous day or even a late sell from a previous day?

[greatfull dead] 25/9/2017 16:33

Ed,

Its been a good day all round.

Speak tomorrow.

ATB,
GD

[edgein] 25/9/2017 13:56

Nice, 1.6m buy, I wonder how they managed to pick up around 1.5% of the company in one go.

Regards,
Ed.

[pj 1] 25/9/2017 13:14

1.6 m trade posted. Hopefully a seller cleared.

[iloveit] 25/9/2017 09:55

Thought it was going to drop a bit more ,hoping for cheaper stock.Oh well missed the bargain dip which was short lived.

[tippow] 25/9/2017 09:41

550k traded. in first 90 mins. Above ave volume for non news day.

[pj 1] 25/9/2017 09:30

Incorrect. As one example, I clearly stated GEO had ''promised'' production in 2017 when I made the effort to meet them earlier this year. I shall not be taking any further part in your childish spat.

[timw3] 25/9/2017 09:26

amazing isnt it, PJ who is a supposed share holder has never posted anything postive here after 200 posts.

[pj 1] 25/9/2017 09:22

Good Morning. How are things timw3? Markets going well?

[pj 1] 25/9/2017 09:16

Where is any evidence of Production 'starting soon'?

Despite repeated promises of Production definitely in 2017, we are now approaching October and nothing.

[greatfull dead] 25/9/2017 09:13

John,

I do hope you correct about production starting soon, then we will see see a big spike in the share price

ATB,
GD