Mineral & Financial Inve... Share Discussion Threads

[baz9707] 10/3/2017 15:51

Just think of the share price when JV is announced that's after the rise with the results of the holes.
Then expect another rise with Cap energy JV FAR drilling in Sennegal.
So many catalysts in here.
All good times ahead.

[baz9707] 10/3/2017 15:49

Everyone must be happy with the support at this price
People de ramping on the rise from 5.88p.
Now look at the share price
Ready for the news on the first couple of holes.

[euclid5] 10/3/2017 15:04

4m tonnes x 90g = 360m gram = 360 tonnes x $570,000 = $205m gross value deduct 80% discount for early stage & possible risks = $40m div 1.20 cable fx rate = £33m for the Indium

[the stigologist] 10/3/2017 14:45

good luck getting 90g of anything out of a ton (1000000g)

[btfd] 10/3/2017 14:45

The crazy thing is, that even being super conservative, say they only manage to pull 15 tonnes of Indium out the ground, that's still about 3x current market cap.. discounting everything else lol

[btfd] 09/3/2017 12:12

Doing this on a bad AIM day, imagine how it will do on an strong day!

[euclid5] 08/3/2017 20:31

Presence of Indium, Selenium at Lagoa Salgada

TH Crestgate completes Petrographic study on 4 holes at Lagoa Salgada

- Project showing significantly higher Indium and Selenium content than expected as well as the previously identified Zinc, Lead, Copper, Silver and Gold

TH Crestgate recently commissioned the University of Porto Geoscience Department to undertake a petrographic study on its 85% owned Lagoa Salgada Zinc-Lead project located on the Iberian Pyrite Belt in Portugal. The results of this study indicate significant showings in both Indium (In)

The study also identified indicator materials typically associated with Copper and Selenium systems containing higher grades in the Lagoa Salgada deposit. The deposit has now been shown to contain half micron discrete crystals of Indium mineralisation in chalcopyrite,

Eighteen discrete Indium minerals are known, and these are found only in Indium-rich systems. The control of richness in Indium seems to be correlated with presence of Cu and Sn minerals in the neighbour.

We believe Petrographic studies are an extremely cost effective way to make metallurgical determinations and we believe the results demonstrate very positive indications of credits from gold, indium and selenium.

[euclid5] 08/3/2017 19:35

Indium is produced mainly from residues generated during zinc ore processing.

hxxps://minerals.usgs.gov/minerals/pubs/commodity/indium/

Mafl havce a lot of zinc in their field - to be more accurate: 239,860,480 lbs or 108,798 tonnes of zinc

[jungmana] 08/3/2017 12:12

Largest buys today are 250k and 150k. Good money going into this today.

[sigora] 08/3/2017 12:03

570 excellent post keya

[jungmana] 08/3/2017 12:02

I agree. Imo 15 to 20p within a week. Then assay results and 40p+ is possible here short term.Gla

[wolfcub] 08/3/2017 12:00

Rising nicely - can see 15 - 20p before results..then a serious rerate after !!

[keya5000] 08/3/2017 10:46

Do you not get that the NAV is distorted due to standard accounting practices?

THC bought the zinc/copper assets for $100k from the administrators of the failed TSXV company in c2014/5 when Zinc/copper was at a level that you could not give such sites away for.

That asset value remains on their balance sheet booked at that level despite a massive increase in metal prices, recent exploration expenditure and a drilling campaign.

However they cannot or would not wish to revalue the asset prior to a sale event for tax issues hence it sits on the THC balance sheet at a historical level.

If you think the project is worth £50K or so that is fine. If it is worth £5m that puts the true NAV at a different level.

Not sure what is hard to comprehend?

If you think it is over priced cash in your shares and move on.

[888icb] 08/3/2017 10:41

I have been in this share for some time and the history of its share price would suggest caution. I hope I am wrong but feel it may take a dip before it takes off so you may get a better buying opportunity is my point. FFWD has been down for some time but had a better day yesterday.

[jungmana] 08/3/2017 10:33

Keya - ignore him. He will be paying 20p+ by end of this month imo.

[keya5000] 08/3/2017 10:31

Can you not read who are you being thick on purpose?

[888icb] 08/3/2017 10:29

Quite a bit of future good news is already in the price if you are paying a 50% premium to NAV.

[keya5000] 08/3/2017 10:28

888

I cannot see how you can say that when you are a FFWD investor.

The NAV does not include any of the value (except £50K) of the Zinc/copper project due to it sitting on the investee companies balance sheet at that valuation.

Hence a hidden reserve in the NTA.

If you think the true NAV is 6.5p then good luck to you.

[jungmana] 08/3/2017 10:23

I added this morning. Lots of drilling assays due soon. Exciting weeks ahead and this will be a multi bagger.

[btfd] 08/3/2017 10:18

But that's NAV based on what they know for certain, not what could be coming soon

[888icb] 08/3/2017 10:16

RNS says NAV is 6.5p against current share price of 9.6p. Thats quite a premium to pay.