Georgian Mining Share Discussion Threads

[microscope] 24/5/2018 11:56

Nice pop, demand looking strong today, tight spread so could be more upside pressure hopefully - success of the Shard meeting seeping through? (And of course the contrarian #beaufort indicator looking good today too...) :)

Just a reminder folks, the higher the number, the greater the amount of (in this case, hot) air (or gas) is produced... :)))

[5trelok] 24/5/2018 10:38

@sclper

No doubt some people are but they aren't buying this junk

[sclper] 24/5/2018 09:35

Some people are getting a great price today

[5trelok] 24/5/2018 09:35

@seanlander

Stop it, you sad, sad man

[seanlander] 24/5/2018 09:28

Here we go....bounce coming!!

[seanlander] 24/5/2018 08:57

Is this the start of the bounce today?Could be back to 15p in a week...DYOR but this is a solid management team and excellent resources. Definitely flying under the radar at the moment.

[5trelok] 23/5/2018 22:56

Nice fall today, BTW! Lol

[davidspringbank] 23/5/2018 19:45

I think they started drilling in April and they reckoned on taking two months. Then they would have to get the cores analysed so I reckon news next month,in June.

Thanks for your feedback from the meeting.

I guess weak holders are impatient for news and may need the money.

[microscope] 23/5/2018 19:38

Thanks Sclper. Am happy to be wrong. Just seems odd that there are still sellers at this level. i guess there's no accounting for markets!

[snowyflake] 23/5/2018 19:23

They said that they saw it as one of their roles/duties to get the price back to 25 pence. My personal view is that they would need to update the market as they progress with the drill if they are to achieve that. But then as experienced people they will know that.

[sclper] 23/5/2018 17:59

During the presentation the directors emphasised on a few occasions that the company was fully funded until the end of the current programme.

They also commented on the current low share price and that coming newsflow was likely to push it back up to the recent highs of around 25p.

I very much doubt the company would consider raising funds at the current low share price, particularly after what was said at the meeting.

[microscope] 23/5/2018 17:07

Almost there David :)

I suspect the recent presentation might be followed by a small fundraising to enable speeding things up as we move ever closer closer to the anticipated production. Could be someone getting out, to get back in a little cheaper, as it were... however if my guess is right that could explain the otherwise imho inexplicably weak price.

[davidspringbank] 23/5/2018 16:57

I bought 100,000 at 11.20p taking my total to 900,000.

[iloveit] 23/5/2018 09:47

No good news again this morning so far .Nice that all the hype was hype I guess looks like new team are not bothering to inform shareholders of any good news .Oh well looks like it's time to pass on the captains band on again.

[seanlander] 22/5/2018 12:28

Nice topping up day! Waiting for that bounce!!

[davidspringbank] 22/5/2018 12:19

I bought 100,000 at 11.72p taking my total to 800,000. This is a world-class discovery and inflation will ensure that it's true value is revealed.

[seanlander] 22/5/2018 09:55

Two nice top ups at 11.88p this morning. MMS still trying to keep this low ready for lift off by marking them red! I'm filling my boots!!Enjoy the ride!Glah

[saracen3] 21/5/2018 16:21

So you paid the Trojan ransom money to get back on line. Suggest you are more careful what you download in future.

[iloveit] 21/5/2018 15:13

Wakes wakey I see was only a short zzz.This is waiting for news of mining production date .Wonder if new team members can get this back to much recent highs .Good news can really shift this it's been a bit drab last few days ...let's hopefully we have lift off very soon .

[5trelok] 21/5/2018 12:55

Guys!! Great news!!!

German Grim, one of the lse ramping drones, has a mate whose dad is driving out to

Georgia in his Winnebago to check on progress. Lol

If BS was worth as much as copper, you'd all be millionaires.

[shavian] 20/5/2018 08:28

Snowy: sending PM

[snowyflake] 19/5/2018 21:45

Is the written presentation with slides referred to at the Shard presentation on the podcast the same presentation as the July 2017 presentation on the company's website?

If it is not, it would be useful if the "new" presentation, perhaps originated by Shard could be either placed on the company's website or put on the header of this thread.

[snowyflake] 19/5/2018 15:31

Shavian - I agree with you in that the first 13 minutes comprised the participants including those joining the presentation by phone sorting themselves out. From then the chairman and CEO give details of their former jobs which indicate the breadth of experience that they have. Then into the guts of the matter.