Kodal Minerals Share Discussion Threads

[citytrader007] 08/9/2015 14:34

Just a retrace, don't mess ya pants now ......

[letmepass] 08/9/2015 10:18

Pump and dump maybe

[knicol46] 08/9/2015 09:23

WOW +45% and no news! Something happening here

[citytrader007] 07/9/2015 12:52

... Just buy it PMSL, de-rampers are in ...

[36redhill] 06/9/2015 22:00

Hopefully the directors can keep paying themselves for a good long time before it folds!

[liquid millionaire] 04/9/2015 07:45

Outlook

In the light of the broad commodity sell off, it appears there may be a prolonged period of challenging conditions ahead for the Group. The Board has reacted to this by diversifying its project risk and will continue cautiously to progress its projects whilst continuing to appraise further low cost opportunities to create value. In light of the initial success at Grimeli Project, for example, the Group may apply for additional exploration licences in Norway or elsewhere.

The results from the work completed at the Grimeli Project are very encouraging. Multiple high grade results from 4% to over 8% seem to confirm the historic mines were very high grade by current standards. More importantly the discovery of a massive sulphide body with up to over 8% copper and almost 7% zinc show the project has exploration potential. The Company will reassess the geophysical data in the light of the drill results and consider how best to move forward.

Luke Bryan

CEO

[oilbuy] 25/8/2015 17:31

Not a word !

[the stigologist] 24/8/2015 17:09

oilbuy gone very quiet here

[the stigologist] 21/8/2015 08:41

Going forward a new warning should be issued to anybody trying to catch this falling knife

The presence of bucket shop client LM suggests that either he is aware or expects a placing here imminently. Would not rule out him selling stock short right now with expectation of being able to buy to cover in upcoming placing at what 0.025p ?

[the stigologist] 21/8/2015 08:39

Not going to gloat about mug punters losses here but just to confirm a few things i did warn about previously.

1. results are very poor. High grades are immaterial if the intersections are pathetic and uneconomic for mining

2. you won't see the rampers for dust

[alex turner phd] 21/8/2015 08:25

To others.

Use your brains. Ignore the ramping lies by crooks. Look at the charts. This is headed for zero.

[alex turner phd] 21/8/2015 08:24

Hope you can generate some more dosh with your ramping.

It'll mean moreforus when we get to sharing it out after the lawsuits.

[liquid millionaire] 21/8/2015 08:05

Luke Bryan, Chief Executive Officer of the Company, commented:

"Overall the drill programme was successful in locating the first new high grade mineral occurrence, which has been defined over a strike length of 150 metres and remains open down dip and to the west. The drilling was quite challenging due to both the topography and the weather conditions in western Norway over winter.

The programme was designed to test a number of horizons defined by historic geophysics and in the process to provide the Company with information to guide future exploration efforts. The first holes delivered the most exciting results while the drilling higher up the mountain returned wide intersections of iron sulphides with negligible copper or zinc. The drilling seems to confirm that the mineralisation occurs in lenses separated by barren material with, apparently, quite abrupt transitions.

While the current geophysics can guide the drilling onto the mineralised trend we need better information to target the potential zones of economic mineralisation. With the current information it is difficult to distinguish high grade massive sulphide zones from non-economic disseminated pyrhhotite zones. A combination of ground based electromagnetic ("EM") and high resolution magnetic may offer potential. Now that we have located both a massive sulphide copper zinc lens and a number of disseminated pyrhhotite horizons we have locations to conduct orientation surveys. The Company is assessing this approach.

With only a very small portion of many kilometres of potential target zone tested the Grimeli project remains a very interesting early stage exploration project.

In recent months the Company has received a number of approaches to participate in new exploration projects. These are being assessed on merit and the Company continues to discuss various options both in Norway and elsewhere."

[the stigologist] 20/8/2015 12:10

how much cash do they have left ?

when is next placing ?

[the stigologist] 20/8/2015 12:10

new lows soon

[sunnyboy25] 18/8/2015 12:59

haha Stig, I thought it's just PTV but you carry on your 'good' work beyond that!

LOOOL

;)

[oilbuy] 18/8/2015 10:44

Good volume and a good rise.

[oilbuy] 17/8/2015 22:43

Who's that behind you ?