Georgian Mining Share Discussion Threads

[5trelok] 10/4/2018 14:38

Oh-oh, MASSIVE sell just gone through.

[5trelok] 10/4/2018 14:05

"Pension money takes months to be allocated"

Says who? You're making it up as you go along. That flannel might pass muster on lse

but you can ban dissenting voices there. There won't be a placing, the last tuppence

ha'penny fund that participated at 16p got severely burned and there aren't that many

mugs left. Neither will there be a JORC-compliant resource, I predict.

Besides, is Jim Royall even in Georgia? Last I saw, he was giving inspirational talks

to Spanish school children - success is obviously relative in Spain.

[microscope] 10/4/2018 12:43

Which bit of the header did you not understand this time 5t?

'2018 Work Programme will initially focus on building a mining operation at KBE Gold Zone 2. -- The drill programme includes further expansion of the copper-gold sulphides resources which are currently open in all directions and further exploration in the wider KB area. -- In-fill drilling for resource definition is expected to commence in April 2018 and take approximately two months to complete. -- Results will be incorporated into a final JORC compliant Resource estimate for the gold oxides at GZ2...'

Pension money takes months to be allocated. I realise you must be new to the stock market, 5t but do try to begin to learn the Basics. Stock market for beginners guides are available. £25 i believe lol....

Would love to see a placing here, would be a huge vote of confidence in the new strong management team. Share price would rise substantially imho. All looking very exciting now. Warmer weather has arrived too, work programmes should accelerate from here! Should be positive news soon imho.

only one elephant in this room (more like a flea imho... :) ).

[5trelok] 10/4/2018 12:29

All the pension fund money is flooding in to GEO, I see! lol How embarrassing.

[5trelok] 10/4/2018 10:10

O'Brien is non-executive chairman so when the grades are found to be less than what was promised, it will have no bearing on his reputation. If he was head of exploration, yes.

No buys or sells today - what gives? Have the shares been suspended?

[vesperdene] 10/4/2018 08:54

@ 5trelok - I'd be surprised if Neil O'Brien, one of the first Lundin Mining hires (at $50m market cap) many years ago, now an $8bn company, would risk his reputation and take an Executive Chairmanship position with GEO on the basis of bad geology. The geology is not the risk here, surely, it's the deal with the Partner, which looks like its being worked on tirelessly at present. Their NED Laurie Mutch (who was MD for Shell Sakhalin) and new CEO Mike Struthers (who also worked in Russia previously), before heading up Lundin Mining's studies group for more than 5 years) are also pretty experienced I'd say.

[5trelok] 09/4/2018 16:30

The elephant in the room is that the resources aren't JORC compliant. I might as well start a company and say I've got 50mt of high grade gold in my front garden.

[rampair] 09/4/2018 13:49

No, nohead, will do later, cheers.

[5trelok] 09/4/2018 13:14

A lot of speculation on lse that a placing is imminent - and the posters on that site

seem very close to the company. Best place to be is on the sidelines methinks.

[5trelok] 09/4/2018 11:34

No action since that 12000 sell. Has trading been suspended on this stock?

[gkp heros] 09/4/2018 10:21

Shut up pleb it's obviously a buy you sad share spotter

[5trelok] 09/4/2018 09:45

I think that 12k buy was actually a sell. MMs up to their usual tricks.

[iloveit] 06/4/2018 12:41

26p was point of production deal tie in ...zzzz....dropped to where it is now .CEO knows this is going to move sharply back up along with those big buys recently at a very cheap price.Wonder if news coming today price is moving up as we can see?

[5trelok] 06/4/2018 12:32

"Buyers have been zzzzz on lack of news."

Not so much zzzzz as hmmmm

[iloveit] 06/4/2018 08:42

New Ceo hasn't come up with any info as yet of production dates.Buyers have been zzzzz on lack of news.

[nohead] 05/4/2018 20:12

Rampir, have you looked at SAV (as opposed to SAVP)?

[rampair] 05/4/2018 17:58

Microscope, you may well be right, let’s hope so.

[5trelok] 05/4/2018 13:27

I guess investors just don't believe them anymore - that can happen.

[5trelok] 05/4/2018 13:05

Absolute carnage - is this on the back of another Meyer podcast? He'd be better saying nothing!

[microscope] 05/4/2018 12:02

End of the tax year tonight, fully expect a major uplift over coming weeks. Pension fund contributions I think I saw somewhere can raise from 2% to 5% into markets. Where is all that money going to flood? Into the markets of course, and winners will be those that have fallen too far, exactly like Georgian imho.

Also very confident that the new strengthened management team will be itching to get news out to us too, to bolster confidence and get these eye-watering resources into full scale production asap.

Shorters (everywhere) are heading for trouble, today really could be their last chance to close up positions, with tax year end! :))

[davidspringbank] 05/4/2018 11:51

"Heavy selling" of less than 100,000. Hahahahaha! Go and boil yer heid, you numptie!

[5trelok] 05/4/2018 09:09

Heavy selling at the open - back to 8p soon; after that, all bets are off.