Tertiary Minerals Share Discussion Threads

[nigthepig] 11/3/2016 17:00

Casablanca - great email and response lol.

[casablanca4] 11/3/2016 16:17

Sent TYM an email last night on a second glass of white wine.

To whom it may concern.

Is there a particular reason as to why tertiary minerals strategy to date has been tediously slow to progress; as the outlook continues to appear?
I am updating my will and I was wondering if there a possibility of spending future profit on myself while living, or resigned to leaving the possible profit or investment to my grandchildren.

Disgruntled shareholder,

Reply:

Mr ------,

Thank you for your email and we note your concern.

With regard to your first point, we would be more than happy to discuss this on the telephone. Please feel free to call us.

With regard to your second point, we are unable to offer any financial advice.

Yours sincerely,

Judith Hayes
Administration Manager
email: [e-mail]

[ih_362018] 11/3/2016 15:41

My fingers are covered with calluses from all the years of crossing and uncrossing.

Have a great weekend everyone and enjoy the rugby.

Best wishes

Dessie

[edjge2] 11/3/2016 13:15

bronto another 20% pronto
Fluoride may be a damned unique useful chemical for chemists but hell is it poisonous.
Perhaps realisation that comodities are better then fiat, anything!
If FED declines interest rate rise in next few days I can see a kboom coming. Too much in this to add yesterday so cross fingers.

[casablanca4] 10/3/2016 22:14

I'll be alright on the night.

[edjge2] 10/3/2016 20:50

tyranosauric urge. Might shift the boredom here. 10% start

[tyranosaurus] 09/3/2016 13:11

If the permit decision is not appealed against by 24th March we may get a massive surge in the share price.

Who am I kidding.

[edjge2] 04/3/2016 21:32

Hope the 2016 commodities disease comes this way, 9% up.

[desert orchid] 02/3/2016 21:50

What a Sh!t show it has turned into Nig

Hope you and your family are all well.


Dessie

[nigthepig] 02/3/2016 17:01

Dessie - lol

[desert orchid] 02/3/2016 14:00

Ahhh I see a little good news! If all else fails PC can dress as Santa with the reindeer and sell pictures for christmas cards.

[desert orchid] 02/3/2016 13:56

More bad News!


The exploitation permit is valid for 25 years from 18 February, 2016

They won't even be able to make a pot of tea in that time.

Dessie

[kenwrong] 02/3/2016 13:53

Update on the Storuman permit today too. Further details of the Storuman Exploitation (Mine) Permit approved by the Swedish Mining Inspectorate on 18 February 2016.

Key Points:

- The exploitation permit is valid for 25 years from 18 February, 2016
- Name of the Mining concession area: Kyrkberget K nr.1
- The exploitation permit has been granted to extract fluorspar under the Swedish Minerals Act (1991:45) and, with regards to the question of localisation, the Swedish Environmental Code (1998:808)
- The exploitation permit covers 184.13 hectares
- 500,000 Swedish Krona must be paid to the Mining Inspectorate prior to the commencement of mining operations as economic security for the rehabilitation measures after the mine is closed
- An application for land allocation must be made according to the Minerals Act before any land can be used for the mine according to the permit
- The concession area is predominantly limited to the area of the proposed open pit
- The Swedish Mining Inspectorate has granted the Permit by giving precedence to the national interest of minerals over the national interest of reindeer herding
- The decision may be appealed to the Swedish Government, the deadline for filing an appeal is 24 March, 2016.
- If the decision is appealed, it will not be final until the Government has made a final decision in the matter

An updated map showing the location of the Exploitation (Mining) Concession area and key infrastructure is available on the Company’s website:

hxxp://www.tertiaryminerals.com/projects/fluorspar-projects/storuman

[edjge2] 29/2/2016 18:07

done a bit today

[dogberry202000] 25/2/2016 03:30

How much cash do they have left? I would be happy with management doing . . . Nothing or as little as possible to conserve cash and keep the company alive. With the acid spar price still fallìng TYM may well go sub 1p. I may then take a position with the expectation that things may improve by next year.

[a.fewbob] 24/2/2016 14:34

Yes, yes, but its not Patrick Cheethams fault! He's only been at the helm for one decade.

Do you have any idea how slow open cast mining is when you only have one polish guy and a shovel?????

[tyranosaurus] 24/2/2016 13:03

Back to 1p

[mikkydhu] 20/2/2016 09:00

Thanks, blueball.

[a.fewbob] 20/2/2016 08:56

Since when has TYM ever been a miner??? Oh look, a flying pig!

[benchmark] 18/2/2016 17:28

I suspect that one likely event to occur will be some kind of corporate restructuring - would appear to give an air of respectability to what is now just a penny share. Hardly an attractive scenario for shareholders if we see a 1-for-100 consolidation on the horizon.

[mikkydhu] 18/2/2016 16:59

nigthepig,

Yes, my optimism is a bit subdued just now. Like you, I have been here a while. I've just checked back through part of energyi's old thread and see that I posted in 2003.

A serious problem for the company now will be fund raising with the share price this low. I think Patrick is wily enough to keep the company going, drawing in his horns and just keeping things on life support if need be...not very appealing, I know.

The situation really calls for thinking outside the box: a really imaginative and creative move is needed. Don't know if it will come. Meanwhile, I'll wait.

It would be interesting to know how that enormous fluorspar mine in Mexico is doing. Must be far the biggest such operation outside China.

You did well to sell so high in 2011.

There is an aluminium smelter in Scandinavia, within reach of Storuman, and they use fluorspar. A tie-up there might be a possibility? If the market could see mine finance and offtake agreements in place, the effect on the share price would be dramatic.

[nigthepig] 18/2/2016 16:35

Mikkydhu - I wish I could share your potential optimism. I suppose I have been here so long, seen so much happen (or should I say not happen) that any optimism I had has totally evaporated. Hard to believe I sold some of these for 15.5p in January 2011. Doubt we will see those figures again. My belief is that the market is wise to this sort of company and knows production of any sort, if it ever happens, will be well down the road. Until then we will remain in the doldrums.

[mikkydhu] 18/2/2016 16:06

ntp, serious.

The share price has fallen. The question is why? I would attribute it largely to the lousy commodity situation and the reaction of shareholders to it. Those who invest in companies that are still exploring mineral deposits and developing mines surely know that this is a lengthy business. Those who are not prepared to wait, sell, especially in the current commodity climate, with the unavoidable consequences to the share price

To achieve a mining permit all sorts of obstacles must be overcome, especially environmental ones and those associated with the rights of indigenous peoples. So I say "well done".

Whether this will make any difference...as Benchmark asks... in the short term hard to say. But it might be relevant to a potential partner contemplating a joint venture in mine development.

If things do now move forward faster, it is possible that the mine would come into production just as the commodity cycle entered an upswing. Just possible.