Mining Minerals & Metals Share Discussion Threads

[1waving] 05/8/2010 12:04

SS I'm fine and doing well, hope you are too.
Good day today as GKP are on a charge, been in there since about 12p from last year ( only managed to grab a few before they raced up ) and only sold 15% of my holding. Looking for at least £5-10+ there from a takeover.

VGM up and looks ready for a substantial charge over the next six months with increases in production and grades. Maybe heading towards 10p in the next year from where they are now at about 1.9p.

Had a look at Cluff as you mentioned them previously, they look OK but not in there. A good few golds about at the moment, both explorers and early stage production. Spoilt for choice really in this sector but am very happy with VGM in particular.

Where are the former directrs of GEX now I wonder --- watching the GF reports and hanging their heads in shame I hope !!

[share_shark] 05/8/2010 10:40

I waving. I saw this also and my teeth were grinding!. Many thanks and hope you are well?.

SS

[1waving] 05/8/2010 10:34

From Gold Fields Q4 report ending June 2010:--



"At the Yanfolila Project in southern Mali, Gold Fields has now
completed 23,286 metres of core, 14,167 metres of RC and 87,320
metres of aircore drilling since taking over full control of the project in
November 2009. Framework and infill RC and diamond drilling has
been used to delineate shallow resources over Komana East and
West deposits as well as to test eight initial drill targets over five
licenses. The aircore drilling has been used to sample the bedrock
though the laterite cover which has outlined new target areas with
encouraging intercepts at Gonka, Bokoro North, Bokoro Main and
Sanioumale West. Regional soil sampling was also completed over
four Reconnaissance Licenses that generated 10,700 soil samples
assayed for gold and multi-elements."
---------------------

Sankarani area really is loaded -- strikes a plenty.

Now wheres that bucket and spade gone !!
Anyone for a bit of artisanal mining.

[share_shark] 12/7/2010 16:22

IWaving...........the goodly SCSW Newsletter has this weekend recommended CLUFF GOLD( you may wish to take a look). I am not in but watching closely.

Good luck and hope we enjoy same share interest once again, in time.

[bongo bwana] 12/7/2010 16:06

Hi 1W - Many thanks for keeping an eye on this tragic story. I really did think at one stage (for about 2 years) that GEX would provide a wonderful story for my pension and my kids.

Such a disappointment!!! For SO many good people here too.

Thanks SS.

I W - Im in KMR but at a substantially higher price than its current level though I expect to break even and even make a good few €, eventually.

[share_shark] 12/7/2010 16:00

PS. I really thought we were going to book one of the pubs in Dublin,for the night ,with are profits in due course; just goes to show eh?.

[share_shark] 12/7/2010 15:58

I feel sorry not only for myself but also for BB and the likes of so many more here,and you in particluar, who devoted so much time and energy to research,attending AGM's,reporting back etc.

thank you for your kind thoughts too.

[bongo bwana] 12/7/2010 15:52

I wonder where Hugh Mc and Kieran H are employed?

[share_shark] 12/7/2010 15:47

Hi Iwaving.Hope you are well.
One of the most astonishing acts of legerdemain,that I have ever seen.

[1waving] 12/7/2010 15:43

From a Goldfields presentation on the Yanfolila project in Mali -- They ain't half singing the praises of that area now !!! :---

DRILLING: 87,500 m drilled from October 1st 2009
WORK COMPLETED (2)

 90% of drilling at Komana East (KE) & West (KW).
Scoping study commences with Environmental and
baseline studies Stakeholders mapping
17 targets drilled and Definition of 44 new areas
7-8 rigs in use since November 09
___________________

Certainly got stuck in since takeover ---- Next quarterly report due in a few weeks, how many resource ounces now with 87,500m drilled ??

Presentation in PDF format:--

[share_shark] 01/6/2010 09:08

So there was no value in lead /zinc tailings then ?.




Some would see it differently.

The previous management of GEX should be hanging their heads in shame,in selling its shareholders down the river.

[pecker1] 19/5/2010 18:08

Hugh should really have held out for 10p minimum:

[bongo bwana] 13/5/2010 06:43

Many thanks for that 1W.

[1waving] 12/5/2010 22:19

Latest GF quarterly report released 7th May

At the Yanfolila project (including the Komana and Sankarani
Projects) in southern Mali, the resource delineation drilling
programme continued at the Komana East and West deposit
areas. Ground geophysical surveys at Komana East have
outlined a possible 2.6 kilometre south extension of the target.
Target generation using geophysics and aircore drilling is in
progress elsewhere on the Komana leases. Other exploration
activities in the belt include the ongoing initial drilling programmes
on the Bokoro, Finguana, and Sanioumale targets. Target
definition results from the Solona license have identified several
prospect areas which merit initial drilling testing.
------------------

[bongo bwana] 14/4/2010 12:25

Thanks SS.

[share_shark] 14/4/2010 11:55

;-)






.

[share_shark] 12/4/2010 16:55

BB. You should still be able to contact Hugh on his mobile,used when head of GEX.

[1waving] 12/4/2010 11:39

share_shark -- if you know what Hugh Mc at al is up to, could you post it on this thread ?
Thanks