Scotgold Resources Share Discussion Threads

[steelwatch] 18/6/2020 12:55

Elevator Rock!

[glenalmond] 17/6/2020 18:18

A most jolly good day at the office. Hopefully hit and hold 70p this week and beyond.

[glenalmond] 17/6/2020 09:41

Higher, Brucie. Higher!

[steelwatch] 17/6/2020 09:40

Alive alive oh! 😃

[vfb1888] 12/6/2020 15:34

Never seen any RNS saying you're not SHYLOCK !
lol at you

[pr100] 12/6/2020 14:56

Wee Graham, you should know by now: if it ain't in an RNS, it ain't true.

[pr100] 12/6/2020 13:53

I imagine that what you really wanted to see in the RNS was that the peat problem had been overcome. But the hapless Gray doesn't mention it, which doesn't bode well.

Tread very carefully until you get the facts.

[steelwatch] 12/6/2020 13:33

...and there ye go!



On Monday 15th June 2020 work will commence on the critical path activities, most notably the construction of the process plant building, and in parallel, the remaining earthworks will be undertaken.

The mining team currently furloughed will be brought back progressively over the next 2 weeks and refresher training and familiarisation with the new SOPs undertaken. Underground development on a single shift basis is expected to resume as from 1st July 2020.

Richard Gray, CEO commented: "There are obviously still challenges ahead but we are excited to be moving the Cononish high grade project forward again. The importance of this project to the local economy and the employment it is creating in a post Covid 19 environment has never been clearer. Together with a bright outlook for gold, the resumption of development is good news for all stakeholders".

[steelwatch] 12/6/2020 13:31

Signs of lock down restrictions being lifted on Scottish construction industry:

[vfb1888] 12/6/2020 10:14

Time will tell if Roland can pull it off and for the sake of all I hope he does.
With Covid restrictricions being lifted Roland can get people on site so you can but hope but then again he can no longer hide behind that as an excuse either .
C$9,933,832 add another $500,000 interest and then add the figure required to start up that Roland doesn't know. Best of luck !

Still no news on the Government Loan , Mmmm there's always WONGA

What idiot would recommend that massively self rewarding failure of a CEO , lol that be you fool , lol

[vfb1888] 12/6/2020 10:01

Bla Bla BLa, usual rubbish from you .
Wonga Wonga Wonga

General administrative expenses $ (2,690,952) lot of reward in there for failure

Accounts payable and other liabilities $ 2,131,715
Financing facilities $ 1,682,465
Due to related parties $ 4,719,058
Convertible debenture $ 1,400,594

Income $5,788 ,lol at you

[pr100] 12/6/2020 09:51

You're not very smart, wee Graham, if you expected better results from GAL considering the troubles they have faced. But fear not, the CEO will raise the cash to develop the mine: stay tuned for the exciting news.

OTOH, Scotgold did raise the cash to develop their mine [nowhere near enough as it turns out but PIs believed it] and it is being frittered away during lengthy delays and, based on all known form, more will be needed - *if* they can overcome the peat problem.

I think I would prefer to be in GAL's camp, albeit I'm in neither at the moment.

How are you enjoying Scotgold's annus horribilis?

[glenalmond] 12/6/2020 09:36

The GAL board's over here 😐

[vfb1888] 25/5/2020 20:14

How are you Simon , you never did respond to that e-mail I sent you.
Not like a keyboard lying coward to hide behind his keyboard , lol
Keep licking the windows old chap man .
Let me know how Galantas is getting on with the £10m loan with Wonga or with their current £5m debt or when Roland ever does work out how much money he needs to get started .
No staff No money , No Machinery ,lol what a great CEO Roland is !

What a plonker you are , go on son make yourself yet another omelette you deserve it

[steelwatch] 25/5/2020 19:05

Likely a typo with i and u next to each other on keyboard, so dim meant probably.

[pr100] 25/5/2020 18:48

"Some people really are DUM"
----------------------------

Amusing as ever to see you making a complete fool of yourself, wee Graham.

[vfb1888] 25/5/2020 17:13

So if all those big mines shut down there will be a severe shortage of physical gold and the POG will rocket . Then all the small mines that only have 4-6 underground at a time could end up making a huge profit

Tell me SC or @pr100 how’s the £10m fundraising going over at Galantas , the company with a £5m MC and as much in debt,lol

Some people really are dum , bye for now Mr Wonga

[pr100] 25/5/2020 07:41

Looks like gold mines are perfect breeding grounds for the coronavirus.