Georgian Mining Share Discussion Threads

[iloveit] 18/10/2017 14:22

Investors are seeing chances to top up from recent 25p+.Not much free floating stock as we know so buy /sell moves are showing strongly to shareprice movement.

[edgein] 18/10/2017 10:02

Iloveit,

If you read the latest releases from the company they're in the feasibility stage and pit planning stage on what they believe is greater than 50Mt for the first development. Once these stages are complete they'll move to trial or full production and we'll get another RNS. No pre-strip on some of these zones so production and cash flow should be fairly instantaneous once pit design is complete.

Regards,
Ed.

[pj 1] 18/10/2017 09:54

''processed''?

[iloveit] 18/10/2017 08:04

Needs to get into that 30-40p zone as investors shrewdly moving back in as copper production is being processed as we know.

[iloveit] 17/10/2017 16:18

Nice rise today !

[nohead] 16/10/2017 21:28

Apparently the house broker, share price Angel, is working on good-sized report. They put out a Strong Buy recommendation after the recent site visit. The report should answer a lot of questions about time-lines, valuations etc

[teemore] 16/10/2017 17:43

I am a long term holder. airs999 I think you may be correct. Where has tippow gone with his predictions?

[airs999] 16/10/2017 14:44

Looks set to hit the teens before it hopefully u turns here. I sold out before the inevitable tumble occurred

[iloveit] 14/10/2017 08:37

Just wondering why they have been trying to shift nervous sellers.

[cyberbub] 14/10/2017 00:39

You've gone negative iloveit - have you sold?

[iloveit] 13/10/2017 15:05

CEO spooking investors with last rns no date for production!Why ?? Delay or is this ever going to happen?

[greatfull dead] 13/10/2017 09:53

The Deacon,

I have the time and money to wait "IF" "It'll probably be another 12 months before any meaningful production, so there's time..."

Patience is the one thing I have going for me currently. Some of my other eggs will hatch early 2018 and the chicks will grow rapidly. Then some of the grown chickens will be plucked for investment, saving purposes, and to cover my living expences. Probably in Q1 or Q2 2018.

ATB,
GD

[the deacon] 13/10/2017 09:28

It'll probably be another 12 moths before any meaningful production, so there's time...

[edgein] 13/10/2017 09:17

I hope you fellas are liking the copper price hitting 3.10/lb as much as old Ed. Is it gonna break out before we get our first ore off to the plant? Lets hope so.

Regards,
Ed.

[edgein] 13/10/2017 09:15

The deacon,

The company will fund development at 50% and as they don't need to build a plant as its just about 10k down the road then costs will be around the lowest of any mining company. They do however need to get metallurgic test work and feasibility as well as mine design and planning done before production just like any other miner. You are correct though recoveries of over 90% for the copper and 98.5% of the gold are indeed great when you consider the grades and intercepts the company has got in the assays to date. If folks think that progress has been slow given the size of the asset at BK and the continuous drilling then imo they haven't been invested in many miners.

Regards,
Ed.

[the deacon] 13/10/2017 06:29

That's great Edgein, but at this rate the company will undoubtedly need to raise funds again before they get to production. My understanding was that the last placing was enough to see them through. I don't like how the company is sketchy at best when mentioning production. No form of target at all.

[iloveit] 12/10/2017 20:48

Didn't expect to see it red and down again today.These rns updates are not inspiring the city big boys to Buy hmm.Something very productive has to happen soon or more selling will filter thru.Why is the company not showing production plans which is now overdue?This is jittery for those thinking about topping up why do they want sellers?

[greatfull dead] 12/10/2017 16:55

Ed,

I take the RNS as very positive. Again this one of my stocks that will improve my portfolio in a very positive way paper wise. I will then have decisions on what to top slice and by into something else that comes along. Not a huge amount of money though.

I may even have enough cash to buy an apartment down south in my eldest grandsons name so I can stay down there for months at a time and see most of my family that live down there!

ATB,
GD

[edgein] 12/10/2017 14:34

what's better than that too is that copper has smashed $3/lb again.

Regards,
Ed.

[edgein] 12/10/2017 14:33

Very significant RNS, test work showing copper recoveries over 90% and gold recoveries above 98%. Fab! 28 more holes in gold zone 2 being included into the feasibility. this prep work before production couldn't be going much better. Ore suitable for flotation and heap leach.

Regards,
Ed.

[pj 1] 12/10/2017 10:10

Yes. Appears to be a clutching at straws RNS almost.

[the deacon] 12/10/2017 10:01

So when are these guys actually going into production? Everyone seems to say soon, but is there an estimate from the company? On today's news it seems there is a lot still to do before they will be ready to produce anything

[iloveit] 12/10/2017 07:39

Can only feel that price will be at incredible height soon.Just under 25p now and as we know by rns results this could take off anytime soon.Dyor

[seagreen] 09/10/2017 16:14

timw3 turn your computer he right away up its going down me old china today