Greenroc Strategic Mater... Share Discussion Threads

[oapknob1] 06/7/2022 07:13

Summer/autumn field work programme due to commence at TBS Q3 2022 with the objective of fast-tracking TBS to mine development-- Environmental Impact Assessment ("EIA") consultants, BioApp Greenland, to commence second year environmental baseline studies, providing the foundation for the development of an EIA-- Social Impact Assessment ("SIA") workshops to begin, managed by SIA consultants NIRAS A/S ('NIRAS')

[ryanrhys] 04/7/2022 09:41

This share issued at 11 now 5.5.... What a terrible buy...

Just like Alba it's a scam and no one wants it their assets!?

[sicilian_kan] 03/7/2022 10:24

Yes, but luffness, what you miss out are the facts. Greenroc is already - this summer - doing year 2 of the environmental baseline studies for both Amitsoc and Thule Black Sands. See slide 23 here:

[luffness] 03/7/2022 09:16

Google Greenland Mineral Resource Authority Guidelines for Preparing an EIA

[oapknob1] 01/7/2022 22:48

Can you post a link where it states this please. Be interested to read it."EIA requires a minimum of 2 years baseline studies "

[luffness] 28/6/2022 07:47

What he doesn't say is that the EIA requires a minimum of 2 years baseline studies - so no chance of a licence application next year...As I have said for months 5-10 years to production if they ever get there....

[oapknob1] 27/6/2022 20:12

Thule sands significant resource upgrade expected imminently 1-2 months. Amitsoq EIS/SIA commencement winter 2022.

[sicilian_kan] 27/6/2022 15:41

Presentation uploaded today:

[luffness] 24/6/2022 20:57

But just a couple of years to wait for the EIA and SIA.....

[luffness] 24/6/2022 20:56

The permafrost situation is not the same - Alba as was then had to stop at 1m. JAY stopped because of the length of the drills

[sicilian_kan] 24/6/2022 18:26

luffness, the claim was not about permafrost. Your claim was that (paraphrased):

- JAY walked away from the GROC licence because of issues to do with permafrost and walruses / narwhal populations; and

- that these issues were not issues that JAY have [in their license next door].

Have a look at this document from the JAY environmental report (that led to environmental approvals for them next door at Dundas):



At page 4, "The Project is located in a region of permafrost which extends well below the current base of the proposed pits"

At page 5, "Shallow groundwater flow occurs in the active layer during summer months...The depth of the active layer varies spatially and temporarily...with an average of 1.1m"

At page 9, "The upper most layer of ground that seasonally thaws above the permafrost is called the active layer".

Conclusion: The level of permafrost at JAY's Dundas (who got their environmental permits) is identical to the level of permafrost at GROC next door. Yet for some reason, you seem to assert, unevidenced, that the permafrost situation is different at GROC is different to JAY and that JAY walked away for that reason. You provide no evidence of these assertions which on the face of it look factually wrong.

So, I ask you again, what evidence do you have in support of any of your claims?

[luffness] 24/6/2022 17:58

2018 mineral resource was limited to 1m depth because of permafrost just look at the rns's from then....

[sicilian_kan] 24/6/2022 11:26

You've provided no evidence, just an assertion. Show me anything that backs up your claims. E.g. a link or an article proving what you have said.

[luffness] 21/6/2022 16:58

Eg permafrost and walrus or is it narwhal poulations

[sicilian_kan] 21/6/2022 13:39

Re your first paragraph - where is your evidence of this, do you have any?

[luffness] 21/6/2022 09:59

CoCM you are right Thule has enviromental and geographic issues which JAY just dont have - which is why JAY walked away from the Thule licence.

You are also correct on timescales - GROC are probably 5-10 years away from any production - assuming they ever get there

Lots of fund raising before then and very likely many opportunities to get in lower if you really want to...

[sicilian_kan] 16/6/2022 09:58

TCMC, Blujay's Dundas Project, which is next door to Greenroc's Thule Black Sands, has been granted all political permits necessary.

These include the Exploitation Licence, Environmental & Social Impact Assessment, Exploitation & Closure Plan, an Impact Benefit Agreement approved by the Government of Greenland and the municipality of North-West Greenland, Avannaata Kommunia.

All granted.

[the count of monte_cristo] 15/6/2022 14:38

How likely and realistic is it that they will be allowed to mine the black sands? Seems like it could be a difficult one to get approval for and that this project may take longer than people expect. Just looking at the pictures and location it would seem that there maybe obstacles for this mine. The Graphite mine seems much more viable.

Europe needs all of these mines, but they don't want them in their backyards. Better they export the so called pollution and eyesores to Africa. Europe really needs to wake up. It's one thing which puts me off some of the European explorers, because you just know that even if the grades are their that some of these companies will never get a mine going.

[bobdown2] 15/6/2022 12:31

There has not been enough volume to acquire over 1 million shares. Hopefully someone has sold the remainder of their holding.
A holding of over 5% does take some of the liquidity out of the market though.

[luffness] 14/6/2022 15:03

"But my key takeaway from this year is that Greenroc has not yet broken a single one of its targets for this year "

Well not surprising as all targets were given as 0-12 months or 12-24 months....

[jwoolley] 14/6/2022 13:31

As stated above....."Just my thoughts...."

A fund raise is a given. They will need more funds soon as they start to run low.

Any news that comes out on a positive side, any company would hope that would increase the share price, especially if they know they are going to need more funds soon.

I will say again....Just my thoughts.