SGZ scotgold resources limited

Most of you who read the posts here know that I have been saying...

  1. 364 Posts.
    Most of you who read the posts here know that I have been saying that Cononish is just the beginning and as much as I love the high grades (14.3 g/t Au M&I ) and the low costs ( £327 per ounce ) of Cononish it's the rest that interests me .

    On the 12th we Presented in London with Share Investor Evenings, I attended as did several other shareholders .
    http://img.moneyam.com/pdf/shares-investor-evening-2015-08-12/scotgold.pdf
    The video of this will be released shortly and I will post the link here when it becomes available
    Several Questions where put to Richard Grey after ,one was of particular interest ,

    Question to Richard Grey :
    Given that Cononish is open at depth and on the west strike do you think a LOM extension is possible ?

    Answer given by Richard Grey :
    Very much so a 3 - 4 year life of mine extension would not be unrealistic at Cononish .

    Given that I have heard the National Park board saying that it would be unrealistic to expect that they could refuse a LOM extension at Cononish because of the strong local support and the jobs that would be lost ,Cononish could run for a lot longer . The National Park Board is mainly made up of elected councillors so the power will always be with the local people ! One elected councillor voted against Scotgold back in the beginning , he wasn't a councillor for long after that .

    Now on the subject of Cononish 2, 3 and 4 watch this , 2, 3 and 4 mentioned at the end

    http://www.*.co.uk/companies/stockt...-will-be-significant-cash-generator-4054.html.

    Cononish is just the beginning and the beginning is coming
 
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