SGZ scotgold resources limited

The Wall

  1. 364 Posts.
    Make sure you don't hit it

    If this news we are expecting goes to the end of the month as it has been mentioned in RNS's  ( end of July )then thursday is the last day for all in AUS to buy before what must surely be good news  !

    Previous costs where £436 per ounce which was before the Significant Resource Upgrade of 21 /01/2015 :

    The M&I Resource has had a 9% upgrade increase to 14.3G/t Au since then

    The Resource M&I Resource has increased by 201% since then

    The Total MRE tonnes have increased by 34% since then

    24/6 Processing has been granted by the National Park since then, far more efficient than the previous 16/6

    A new mine development Plan will be revealed surely saving costs from before

    A premium will be paid for Scottish gold

    Scotgold will receive a 40% share of the company marketing the Scottish Gold , 100% mark up expected

    Cononish is open at depth and on the west strike

    Cononish will be a high grade low cost mine

    Cononish will be amongst the worlds top ten grade producing mines

    Cononish will be amongst the lowest cost producing mines in the world

    Cononish is just the beginning

    All of the above is based on research which is second to none , don't believe me check it out for yourself !
    http://www.investegate.co.uk/Index.aspx?searchtype=3&words=SGZ
    https://www.flickr.com/photos/93177156@N07/

    I have been in the mine more times than I care to remember although I do have many a fond memory
    I have flown over our licence areas
    I have stood on our drill rigs in operation
    I have been to the top of Ben Lui and surveyed Cononish from above

    I have panned the local streams
    I have attended planning meetings
    I have attended Presentations and will be attending the next Presentation
    I have built a position in SGZ that is behind only Richard Harris and NLR
    Now I am finished blowing my own ---- you can make your own mind up


    As a famous Scotsman once said on film "Here Endeth The Lesson"

    If anyone wishes to follow my posts in the future , visit LSE.CO.UK

    Good luck and best wishes for the future

    NUR DER VFB
 
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