Georgian Min. Share Discussion Threads

[ryan83] 18/5/2016 08:50

slop what are you talking about???

[someuwin] 18/5/2016 08:47

jim mellon ‏@jimmhk · 2h2 hours ago

GOLD narrower triangle, going to move big soon

[noirua] 17/5/2016 22:18

It does look as if gold will challenge $1,300 per ounce any day now, maybe that's obvious.

[slopslice] 17/5/2016 19:46

Any1 else think the drill results were bad hence the delay? Smells fishy to me!

[ryan83] 17/5/2016 13:19

more news must be close now

[nidgeyr] 17/5/2016 07:39

Chinese investing.....

[someuwin] 12/5/2016 12:37

Noricum Gold Ltd ‏@noricumgold · 2m ago

Infill drilling underway at Kvemo Bolnisi, Noricum's first gold starter pit target, scheduled for production Q3 2016

[noirua] 12/5/2016 10:16

Cash received on delivery will depend on grammes of gold per tonne.

My only knowledge of this is what I see on Television programmes on Quest TV. They only know the grades after running for a week or so and then checking how much gold has built up and collected in the trays. They could hardly accept Greg Kuenzel's word that there is 3 grammes per tonne in this delivery so 'give me the money Barney'.

So 'payment at the gate' can be questioned. Still, we must accept the MD's word on that and await RNS's on cash received to date.

Encouraging to see that they are looking to deliver to the mine gate so very quickly and maybe in the second quarter rather than the third.

[edgein] 12/5/2016 09:49

Good to see drilling started ahead of production at KB now too, should get a run of results from these very shallow holes between here and production. Good to have both drilling campaigns running simultaneously.

Cyberbub, there was a placing here recently and the management commented that they are now funded through to production at that time.

Regards,
Ed.

[someuwin] 12/5/2016 09:15

Good news out.

[ryan83] 12/5/2016 08:37

not yet as far as I am aware, maybe in a few months to fast track the larger assets. Got loads of these and will add soon.

[cyberbub] 12/5/2016 08:14

Hmm. .. dropping fast... may be becoming attractive here... unless people think a placing might be on the way?

[noirua] 10/5/2016 14:09

Header being updated. Apologies for any disruption.

[noirua] 10/5/2016 00:37

Results still awaited for Kverno Bolnisi, drilling completed on 5th April 2016 -


Gold price remains close to its 5-year high point at 2,845 Georgian Lari.

[noirua] 10/5/2016 00:30

Greg Kuenzel on site with team in Georgia
Noricum Gold - Commencement of Drilling at Tsitel Sopeli - Thu, 5 May 2016 10:00pm

[someuwin] 06/5/2016 15:03

Gold looking strong.

[iloveit] 06/5/2016 09:38

Will there be a surprise massive buyer coming for this stock?It's just so cheap at under 1p a share , what if this hot goes 5p+ & onwards up ?It does happen and this looks very hmmm nice !

[edgein] 06/5/2016 08:59

Good to see gold strengthening again hopefully break and hold $1300/oz soon.

Regards,
Ed.

[bad robot] 05/5/2016 17:25

Letmejump

how's that -40% on OUS, was 5p close today and 10p target. Once lighted on the radar the tracer will stay on.


Hope this helps

[noirua] 05/5/2016 16:36

Conclusion: Mining the surface pits at Kvemo Bolnisi and Tsitel Sopeli should provide significant cash flow for funding larger exploration programs at both sites. This will also have the added benefit of establishing mining at both properties, proving the metallurgical characteristics of the ore (recovery rates). Exposing the orebody within the pit walls and the pit is always helpful for the geologists and mining will give useful information on the consistency and characteristics of the ore.

[ryan83] 05/5/2016 15:33

dip nicely bought!

[noirua] 05/5/2016 12:48

Chart shows next move up is to 0.5p in the range 0.43p - 0.56p, quite a move - before moving on to 0.8p. All-time high is 8.1p, requiring a 95 bagger move from the low point. (St Barbara Mining moved from 2c to $2.80 in 1996 - 1996), so it's just about possible.