Scotgold Resources Share Discussion Threads

[0405] 04/4/2016 13:01

Trouble afoot unless Graham is taking over even though he hasnt a notifiable holding anymore shame

[glenalmond] 31/3/2016 16:42

I'll second that, vfb!

Hello temmujin, long time no see ;)

[vfb1888] 31/3/2016 09:41

temmujin,lol
This share is to good for you !
I hope you will not pollute this BB with you ramping inaccurate garbage posts like you do elsewhere , they are not needed here !

[temmujin] 30/3/2016 21:12

ive heard a rumour the queen might be investing here...so have decided to take a large position myself

[y1phr] 29/3/2016 18:14

Nice rise today lads.

[0405] 29/3/2016 08:34

Shipped from South Africa whatttttttttttt

[vfb1888] 28/3/2016 22:50

'Significant milestone' for new gold mine in Scottish highlands
Capital outlay a modest $34 million and operating costs a mere $523 per ounce

Scotgold Resources (ASX:SGZ ) said on Monday it has reached a "significant milestone" in its quest to restart mining at its high-grade Cononish gold and silver project at Tyndrum in Scotland.

Scotgold, which is listed in Australia and on London's venture market, will soon start processing a portion of a stockpile of approximately 7,000 tonnes of ore at the site near Loch Lomond inside the borders of the Trossachs National Park to pave the way for full-scale mining. The processing equipment is being shipped from South Africa this week to be installed at the project.

The fully permitted project is around 1 kilometre inside the park boundary and was first tunnelled in the 1990s. Scotgold bought the Cononish site in 2007. It boasts reserves of 198,000 oz Au and 851,000 oz Ag. Grade 11.1 g/t Au and 48 g/t Ag according to a May 2015 updated study.

“100 per cent Scottish gold” could command a “significant premium”
Scotgold is targeting production of around 20,000oz of gold and 80,000 oz of silver annually for eight years with total production of 175,000 oz gold and 639,000 oz silver. Capital outlays for the Cononish project including life of mine capital development is a modest US$34 million and according to Scotgold average life of mine operating costs a mere $523 per ounce.

Chief executive Richard Gray told the Financial Times the company would "capitalize on the market for jewellery and souvenirs among visitors to the Highlands" adding that “100 per cent Scottish gold” could command a “significant premium”:

“This will get people holding the gold bars and saying ‘This came out of the mine last week’,” Mr Gray says. “It will have an impact.”
Scotgold, worth US$12 million in Sydney, is also undertaking exploration activities on its land position outside the park at the River Vein prospect and at its Grampian gold project with more than 4,000 square kilometres under option.

The closing of the last coal operation notwithstanding, mine development in the UK has undergone something of a revival recently.

Last week a Vancouver-based junior announced the acquisition of 26 past producing tin mines in Cornwall. Wolf Minerals’ Drakelands tungsten and tin mine located in the county of Devon recently started operations while the development of Dalradian Resources’ Curraghinalt gold project in Northern Ireland is also advancing. Then there's Sirius Minerals’ York project in North Yorkshire which is up to the definitive feasibility stage for a large-scale 20 million tonnes per annum potash mine.

[0405] 15/3/2016 08:18

same old same old all words pie in the sky

[0405] 10/3/2016 16:20

It's amazing how people react to the truth and can't deal with reality,face up to it this is going down

[glenalmond] 10/3/2016 16:03

0405
10 Mar'16 - 15:30 - 2372 of 2374 0 2 (Filtered)

[glenalmond] 10/3/2016 16:02

Still 0405 posts pish and cannot answer even the simplest of questions.

Afore I put ye on FILTER - once and for all, let me leave you with this simple message, once again -

FOYDC.

[nicosevos] 10/3/2016 16:01

0405
Member since: 30 Jan 2001

After fifteen years...You still don't have a clue, as to what's going on!!!!

[0405] 10/3/2016 15:30

obviously they have had the shares and selling today 43million of them so far another 40 mil tomorrow so the greedy lot can get their profit whilst the poor shareholder lose value as usual mugged again 1.3 billion shares thats a lot

[glenalmond] 10/3/2016 13:25

0405
10 Mar'16 - 11:36 - 2369 of 2370 0 1


agreed Ill be buying back in as I said about .3

LOL, good luck with that one!

How about answering my question afore ye post anymore guff?