tipton11
- 25 Jul 2008 13:26
Mr Ninkov ... I have long thought you have built a super company, however as a small holder don't you think it time some attention was paid to the share price.
With $90 mil in the bank at this price surely you are in danger of being swallowed how about an increased dividend or at the very least a statement or two, by backs do not increase share prices. Market conditions are of course difficult but the present price is ridiculous.
Clubman3509
- 18 Nov 2009 11:35
- 29 of 110
Wasn't he king of Thailand (Siam)
required field
- 18 Nov 2009 11:42
- 30 of 110
Spot on !....further increases to come for the sp soon.
niceonecyril
- 24 Nov 2009 12:22
- 31 of 110
Further to the announcement made on 27th October 2009, Griffin Mining Ltd ("Griffin" or "the Company") has had its formal application for a new mining licence to mine below the 1300 level (number 100000222220090369) reviewed and the Ministry of Land and Resources has requested that a number of rectifications be made to the lodged application. The Company has begun work on these amendments and plans to re-lodge the application in the near future. This process has suspended the 28 working day period on day 11 and will resume at this point once the rectifications have been addressed.
So a delay to the application,frustrating but also positive in that these are reticfications which are being addressed,with news near future.They continue to produce adding to the not inconsiderable cash pile,so real worries imo.
cyril
niceonecyril
- 24 Dec 2009 08:53
- 32 of 110
Well the license is back on but they missed the Dec meeting,so next Date is just prior to the Chibese new year, which is 14th Feb.
cyril
Oakapples142
- 24 Dec 2009 10:39
- 33 of 110
Which is also Valentines Day - We could expect a really nice gift from an old flame !
required field
- 26 Jan 2010 09:41
- 34 of 110
Good news today.....sp bucking the general downward trend in stocks.
niceonecyril
- 26 Jan 2010 10:33
- 35 of 110
Yes thr long awaited deep mining permit,which will make way for a new resource update. Cheap as vhips imo?
cyril
required field
- 26 Jan 2010 17:10
- 36 of 110
I think that a lot of aim stocks will rise before year's end, perhaps not in a straight line...stocks never will, but Aim and the Main market could be on the verge of having several multibaggers. Griffin to me will hit the pound level again before year's end.
required field
- 03 Mar 2010 08:29
- 37 of 110
Superb resource update.....long mine life...roll in the profits Griffin !.
niceonecyril
- 03 Mar 2010 09:20
- 38 of 110
Yes and worth posting,all we need is the SP to clomb back to previous
leveHighlights include:
1. The addition of 4.7 million tonnes @ 6.7% Zinc, 0.9 g/t Gold, 34.3g/t Silver and 0.4% Lead to the Measured Resource at Zone III, containing:
318,000 tonnes of Zinc metal
19,000 tonnes of Lead metal
131,000 ounces of Gold
5,200,000 ounces of Silver
2. The following increase in the grade of the Indicated Resources in Zone III:
36% Increase in the Zinc grade
16% Increase in the Gold grade
3. The following increase in the grade of the Inferred Resources in Zone III:
51% Increase in the Zinc grade
90% Increase in the Gold grade
This Mineral Resource estimate includes a conservative recalculation of the resource at Zone III in light of the grade control drilling undertaken during the 5 years of successful mining operations at Caijiaying, with a reinterpretation of the structure of the ore bodies. The deeper Mineral Resources have not been included and will be evaluated in light of the proposed drilling program to be undertaken in 2010 which will provide a better understanding of the deeper mineralisation at Zone III.
Drilling along strike and south of Zone III, towards Zone II, is having success with several holes intersecting mineralisation over the IP anomalies that were located in the 2008 IP survey program. The results have provided the necessary confidence to commit to a 25,000 metre surface and underground drilling program in 2010 which may enable an estimate to be made to JORC reporting standards on the Mineral Resource located in the area between Zones III and II.
The 2010 Mineral Resource was estimated at a zinc cut-off of 1%. Tabled below is the summary of the recent up-dated 2010 Mineral Resource.
Metal Grade
Contained Metal
Category
Cut off
Tonnes
Zn
Pb
Ag
Au
Zn
Pb
Ag
Au
'000 t
%
%
g/t
g/t
t
t
Oz
Oz
Measured
1%
4,737
6.73
0.41
34.29
0.87
318,657
19,191
5,221,348
131,761
Indicated
5,999
5.85
0.35
32.48
0.81
351,052
20,787
6,263,912
155,724
Inferred
16,596
4.38
0.24
26.39
0.95
726,957
39,437
14,078,921
508,317
Total:
27,332
5.11
0.29
29.09
0.91
1,396,666
79,416
25,564,182
795,803
The information in this report that relates to the 2010 Mineral Resource estimates for the 2010 is based on information compiled by Mr Luke Marshall BSc Geology , Member AIG. Mr. Marshall is a full time employee of Hebei Hua Ao Mining Industry Company Limited, a subsidiary of Griffin Mining Limited. Mr. Marshall has sufficient experience which is relevant to the style of mineralisation and type of deposit under consideration and to the activity which he has undertaking to qualify as a Competent Person as defined in the 2004 Edition of the 'Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves' (the JORC Code). Mr Marshall consents to the inclusion in the report of the matters based on his information in the form and context in which they appear.
CSA Global Pty Ltd undertook a high level review of the resource model and found no flaws to the model or estimation.
A Mineral Reserve Statement for Zone III at Caijiaying is currently being calculated for inclusion in the annual report for 2009.
Chairman Mladen Ninkov commented
"The new resource statement provides for a 35 year mine life within just the defined shallow resources at Zone III at the increased throughput level of 750,000 tonnes per annum expected to be reached in the later half of 2010. This new resource statement ignores the deeper ore in Zone III, the new resources at Zone II and the significant resources believed to be contained in the large area between the two zones. This is a wonderful result for shareholders and their continued faith in the Company which, in addition to the cash balances of in excess of $65m in the Group, sets the Company up for a successful and exciting future."
cyril
niceonecyril
- 27 Apr 2010 11:17
- 39 of 110
GFM has overe the last week or so started to break out strongly,with AGM
imminent,it's well worth re-reading the Chairmans statement.
Chairman Mladen Ninkov commented
"The new resource statement provides for a 35 year mine life within just the
defined shallow resources at Zone III at the increased throughput level of
750,000 tonnes per annum expected to be reached in the later half of 2010. This
new resource statement ignores the deeper ore in Zone III, the new resources at
Zone II and the significant resources believed to be contained in the large area
between the two zones. This is a wonderful result for shareholders and their
continued faith in the Company which, in addition to the cash balances of in
excess of $65m in the Group, sets the Company up for a successful and exciting future."
cyril
required field
- 09 Aug 2010 09:59
- 40 of 110
Two people killed.....ouch......unexpected from such a good company......poor people....
niceonecyril
- 08 Dec 2010 10:30
- 41 of 110
Patience rewarded,reopening of mine,hopefully with the new machinery in place the extra production will make up for lost tome?
cyril
Griffin Mining Limited
Recommencement Of Operations At Caijiaying
8th December 2010.
Further to the announcements made by Griffin Mining Limited ("Griffin") since
9th of August 2010, Griffin is pleased to announce that having satisfactorily
dealt with all official recommendations for safety improvements, Griffin's local
Chinese company has received formal approval from the Zhangjiakou City
Government and the Zhangjiakou Safety Bureau to re commence mining activities at
the Caijiaying mine. With electrical power having now been restored, mining and
processing operations have recommenced at Caijiaying.
niceonecyril
- 09 Dec 2010 18:00
- 42 of 110
And further to yesterdays news.
cyril
Further to the recent announcements made by Griffin Mining Limited ("Griffin"),
Griffin is pleased to announce that not only have mining and milling activities
recommenced at the Caijiaying Mine, but that approval has now been granted by
the Chinese authorities, in conjunction with the previously granted mining
licence, to process up to 750,000 tonnes of ore per annum through the fully
commissioned upgraded mill. Formal approval of the upgraded processing design
is expected in the new year upon the completion and submission of the design of
the already constructed new processing facilities by a recognised Chinese design
institute. With the upgrade of the processing facilities completed, Griffin
anticipates that ore extraction and milling rates will reach the equivalent of
750,000 tonnes of ore per annum by the Spring of 2011
required field
- 10 Dec 2010 09:00
- 43 of 110
This will now climb...I'm convinced of it....as all the gremlins are out of the way.....
micky468
- 15 Dec 2010 09:00
- 44 of 110
Griffin is pleased to announce lots of silver and gold
http://moneyam.uk-wire.com/Article.aspx?id=201012150700129441X
niceonecyril
- 15 Dec 2010 09:37
- 45 of 110
http://moneyam.uk-wire.com/Article.aspx?id=201012150700129441X
Those silver results should be in grams/tonne? Still a great result and know for the rewards?
cyril
required field
- 15 Dec 2010 11:57
- 46 of 110
Way undervalued.....my guess is that the sp will return to 100p by late spring !.
TheFrenchConnection
- 15 Dec 2010 12:58
- 47 of 110
d'accord ,,,,,l sold this old chestnut at about 120p a couple of years back; and a lot of work has occured since then so would tend to err on the side of undervaluation. ln saying that it would appear much of the good news is already factored into s/p ... l hope i am wrong ,of course, but was 32p quite recently ......Au grades are good in parts but Aug grades are nothing worth writing home about ,,,,,,,,but demand for silver in China has increased at an annualized rate of 22% over the past ten years ,,,,,
required field
- 15 Dec 2010 14:51
- 48 of 110
Production of zinc and other metals is now set to increase quite rapidly....to me this should drive the sp upwards....