sigmadelta
- 07 Sep 2005 10:16
...have a mine with planning permission in Anglesey. They have been drilling this year after raising funds.
Things are starting to look encouraging after a long time in the doledrums.
LONDON (AFX) - Anglesey Mining PLC said drilling results from Parys Mountain
in North Wales are "highly encouraging", including an intersection grading 40
pct combined base metals and 886 grams per tonne of silver over 2.5 metres.
The company said the high grade intersections recorded in both zones in AMC
15 contain metal grades which are amongst the highest recorded at Parys
Mountain. Previous drilling had encountered quite a number of intersections with
a total metal content over 30 pct.
Chairman John Kearney said: "We have been waiting for results like this for
some years."
He said the high grade of the mineralisation, particularly of zinc and
copper, demonstrates the potential of the Parys Mountain property, confirms the
validity of the group's geological model and justifies its confidence in this
drilling programme.
http://www.advfn.com/p.php?pid=nmona&article=12387465
niceonecyril
- 22 Feb 2012 11:56
- 50 of 53
english
- 01 Jun 2017 14:41
- 51 of 53
Get ready for history to repeat itself here. PFS to be published by end of this month. The resources are still in those rocks.. and looking likely to be extracted again within a year or two..
Rock bottom price. Last time this went to 80p.. from similar lows. Next to no dilution since.. small free float, multibag when a sniff of progress lands.
english
- 03 Jun 2017 17:37
- 52 of 53
Countdown to scoping study has begun. Proper tight free float here, so don't try buying when it lands. Scale in while it's low.
The resources are massive at Parys, and ready to be extracted.
english
- 12 Jun 2017 13:30
- 53 of 53
As I said lol.. buy when price is discounting assets. Still a long way to go.. could easily do 200% and still be undervalued.