Scotgold Resources

I was at the AGM in Edinburgh today and I highly recommend people to keep an eye on this.

http://eplanning.lochlomond-trossachs.org/OnlinePlanning/applicationDetails.do?activeTab=documents&keyVal=OUGPJJSIK3600
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Well, it's been a long and rocky road but any mining investor worth their salt is fully aware of the mining cycle and how long these things can take to reach fruition.  Of course, one would be a complete mug to think the share price would not flucuate wildly during this time



Next Tuesday 27th could just see the light at the end of the long tunnel start to shine more brightly when the LLTNPA meet to decide whether or not to grant planning permission for the new proposal.

Full details provided in my previous link.

http://www.lochlomond-trossachs.org/park-authority/our-board-committees/meetings/board-hearing-27th-february-2018/
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what price you get in at?

Thought trilby should be given three days to respond.
When he posted this on 26/06/16, the price was 88.5.
Compared to today's 28.5
But it gets worse..
The price has been over 300.0.
trilby has been shilling Scotgold on chit-chat, only to get deleted.
We await his reply with interest, but over the long term, his championing of Scotgold is probably the worst tip ever to be persisted with on the Betfair forum.
An unprecedented prat-fall.

Nice graph though.

http://www.londonstockexchange.com/exchange/prices-and-markets/stocks/summar...

i think its down to everyones outlook.
I was in glencore and once had more than doubled I cashed out.
EThey have gone up more since but im happier taking a profit and moving on.

Apologies for the delay, Cal.  I was through at the successful planning decision and got caught out by the snow for a few days.

http://www.bbc.co.uk/news/uk-scotland-scotland-business-43219435

https://www.scotsman.com/business/companies/the-big-interview-scotgold-resources-chief-executive-richard-gray-1-4700126

My initial entry point was circa the equivalent of £4 (pre 100-1 share consolidation) & I've been averaging down since with the odd wee sell here and there to keep myself in good shape I have, however, also bought at the equivalent of £5.50 back at the very start when I was new to investing

I wouldn't pay any heed to the bullshine that old remoaning plonker ununitedbiscuitbollocks heaves up.  He's all discombobulated about Brexit and is undergoing therapy, as far as I'm aware.

Scotgold is now one to buy and leave in the bottom drawer for a year or so while construction gets underway, imo.

Feel free to pm me for more info if you're interested.

Down a ha'penny on the day, thus far and it wouldn't suprise me for it to hit 30p in the not too distant future after last week's good news.

As I said, one for the bottom drawer for Ron as construction gets underway.

There will be no "proper" mining until 2019 BUT, if yer no in it ... innit

Normally, a poster wouldn't keep pushing a stock that has tanked as deeply as this; however, if trilby is one of the investors in the company who got invested behind the left margin of the sharepricegraph (as trilby is saying) then any opportunity to find a buyer is welcome.

I don't report posts, but trilby tried shilling this stock on chit-chat at the turn of the year and it was deleted.

Obviously, take a punt if you want to, but realise that you are probably buying shares in a digger and a telephone.

been hit by too many small miners to ever risk my money again.
Herencia and rare earth minerals are two that spring to mind.

"I don't report posts, but trilby tried shilling this stock on chit-chat at the turn of the year and it was deleted."

WTF are you talking about you blethering idiot?  Is it no time you started another anti-Brexit thread on the politics forum?  Fckn muppet

Meanwhile ...

http://www.proactiveinvestors.co.uk/companies/news/192762/scotgolds-richard-gray-upbeat-as-planning-granted-for-cononish-gold-mine-development-192762.html
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Yes, I can now see the case:

Rotate the graph through 90% twice and it all makes sense.

Seriously, it looks like the OP has some shares for next to nothing and is looking to sell.

Note the spread between buy and sell prices, the days when no trades are done at all on the stock market and decide for yourself whether you wish to buy. (If you have £8m you can buy the whole outfit).

My strong advice would Be:

DO NOT BUY SCOTGOLD RESOURCES.

The volume figure made me chuckle. Is that 26p in your a/c trilby?

https://uk.finance.yahoo.com/quote/SGZ.L?p=SGZ.L

Scotgold will be presenting in the Edinburgh Radisson Blu on Thursday 31st May.

I'll post a link for free invites (and after beers) in a bit.

Come along if you're available.

https://www.sharesmagazine.co.uk/events/event/shares-investor-evening-edinburgh-310518

Hi(gh) Kennybaws

Getting there ... from Friday 18th May 2018 :-

http://www.lse.co.uk/share-regulatory-news.asp?shareprice=SGZ&ArticleCode=z9rt15ky&ArticleHeadline=Placing_Subscription_and_Debt_funding

"It is with much pleasure that Scotgold Resources Limited (AIM:SGZ) advises that the final tranche of development funding has been raised.  As noted in the Company's recently released Interim Financial Report on 13 March 2018 and earlier in its Rights Issue announcement on 13 November 2017, the Company sought a final round of development funding after the successful Planning Permission determination which was announced on 27 February 2018. This funding has now been completed as outlined below."

Trollby stands in violation of the whip-rules regarding the flogging of a dead horse.

http://www.proactiveinvestors.co.uk/companies/news/197450/scotgold-secures-final-tranche-of-funding-for-construction-at-cononish-197450.html
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Five minute interview with Richard Gray, Scotgold CEO ...

10:54 23 May 2018


ScotGold Resources' Richard Gray says the final tranche of funding for its Cononish gold mine is "the key that's going to open up the whole future for us".
Gray adds that despite being a small gold mine, the high profitability has led to plenty of support from a senior shareholder.
In terms of time frames, Gray says commercial production is planned to commence around the first half of 2019.

http://www.proactiveinvestors.co.uk/companies/stocktube/9358/scotgold-resources-acquires-final-tranche-of-funding-for-cononish-mine-9358.html

This verge of take off is almost 2 years now, is this just a typical cheap share that
leaves buyers at a loss.

Getting a gold mine up and running ain't no overnight love affair, Cal.

From yesterday ...
http://www.thisismoney.co.uk/money/investing/article-5830821/SMALL-CAP-SHARE-IDEAS-Scotgold-Resources-seeks-glittering-reward-new-gold-mine.html
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... and from last week -

http://www.proactiveinvestors.co.uk/companies/news/198200/golden-opportunities-among-the-small-cap-miners-198200.html
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Gold in the Scottish Highlands
Finally, one to look out for is ScotGold, which recently raised the US$12mn (£9mln) required to get the Cononish Project up and running in the Scottish Highlands.
Investors tipped in, but around US$6.6mln of the funding is coming by way of a secured loan provided by the spread betting multi-millionaire and chairman Nat le Roux.
On a world scale, Cononish will be a minnow, churning out just 23,500 ounces of gold a year.
Small it may be, but the project also perfectly formed, generating life of mine earnings of up to US$133mln (£100mln) at a gold price of US$1,150 (in other words well below the current price).
The net present value of the project, meanwhile, is anywhere between US$30 and US$60mln – which represents a significant premium to ScotGold's current market value of US$12.6mln.

Surely this relentless flogging of a dead horse by one poster across the forums and the years violates the whip rules.

More good news for Scotgold …

https://www.insider.co.uk/news/scotgold-recruits-business-heavyweights-board-12732881
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The charts look dreadful tbf. How much of the 9m will they be paying the big fish?

The charts look dreadful tbf. How much of the 9m will they be paying the big fish?

oops

No worries, saddo.  Scotgold are constructing right now and I'm looking at production in May 2019.

This fred is not about pumping.  It's about making people aware.


DYOR 

https://www.scotgoldresources.com.au/

https://twitter.com/GrahamScotgold

This fred is not about pumping.

Christ.

http://www.lse.co.uk/share-regulatory-news.asp?shareprice=SGZ&ArticleCode=p6ai21va&ArticleHeadline=Project_Update_on_Cononish_Gold_and_Silver_Mine
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"Although this final stage of the permitting process is taking longer than anticipated, we continue to make what preparations we can for the final development phase. Once the Decision Notice is received we will assess the impact of these early preparations on the project schedule and provide further guidance on the expected date for first gold production. Â It is important to note that although frustrating, this delay will not have a material effect on the Company's funding position and we continue to look forward to anticipated gold production and cashflow in 2019."

Better link … says similar but better details.  Both from yesterday.

http://www.proactiveinvestors.co.uk/companies/news/202770/scotgold-resources-sees-significant-advancement-for-cononish-mine-permitting-202770.html
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anticipated

they all still getting a wage from the company whilst its producing nothing.

Sorry Call - I only rarely come in here unless there's news.

There's maybe ten (my wild guess) people getting a wage just now but there are half-a-dozen highly skilled jobs currently being advertised - least there were a couple of weeks' ago.

There are a couple of junior geos & at least three groundworkers out in the field preparing for construction atm.

PM me if you're genuinely interested.

Ooer

trilby22 31 Aug 18 16:00
I'd put at least £1k toward SGZ and hold for a few years

No shame!

Info sent to those who requested it.  Enjoy

UB, PP und Die Linke - I have your numbers.

https://www.scotgoldresources.com.au/wp-content/uploads/2018/09/2018-annual-report.pdf
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KEFI worth keeping an eye on.

http://www.miningweekly.com/article/cononish-mine-receives-planning-application-decision-notice-2018-10-22/
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KEFI, hmmmmmmmmm

Scotgold Resources Limited (AIM:SGZ) announces that its Annual General Meeting ("AGM") will be held at 10.30am (GMT) on Tuesday, 27 November 2018 at the Thistle Hyde Park Hotel, 90 - 92 Lancaster Gate, London, W2 3NR.

"Scotgold Resources presses button on Cononish goldmine"

https://www.youtube.com/watch?v=7OiJRsHpBHI

Four minute interview with the Chief by the delectable Holly of Proactive Investors.

https://www.thisismoney.co.uk/money/markets/article-7443435/SMALL-CAP-IDEAS-Scotgold-Resources-six-months-away-production.html
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https://www.proactiveinvestors.co.uk/companies/news/902319/scotgold-resources-to-generate-on-average-1mln-per-month-when-in-production-902319.html
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The rare romance of Scottish gold
       
The first gold sourced from a mine in the Highlands is being crafted into dramatic jewels

Kate Finnigan
yesterday

https://www.ft.com/content/763cade4-d4f5-11e9-a0bd-ab8ec6435630
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A necklace made of Scottish gold sounds like a mythical treasure from a folk song or Game of Thrones. Could you really find enough gold for a necklace in Scotland? Or anywhere in Britain, for that matter?

It seems impossible, but on a warm evening in Edinburgh I found myself wearing a necklace with a delicate cascade of mixed-cut green and blue tourmalines alongside brilliant-cut diamonds, set in exceptionally rare, single mine-origin Scottish gold.

The Tyndrum Waterfall necklace is just one of the highlights of a dramatic new collection of fine jewellery from Hamilton & Inches — a 153-year-old Edinburgh jewellery store and workshop, with a name that sounds straight out of Harry Potter and, perhaps fittingly, counts JK Rowling as a client. The Royal Warrant holders are the first to be able to use gold poured from the Cononish mine in the Highlands, the only commercial gold mine in Scotland.

Cononish lies at the foot of Ben Lui, within the boundaries of Loch Lomond and Trossachs National Park. It was identified as a viable gold mine in the 1980s, but it has been known that gold was in this area since at least the 13th century, after which people have successfully panned the rivers and streams. Prospectors sought their fortune in the hills nearby in the Scottish gold rush of the 19th century.

But extracting gold is a process that requires significant technology and capital. Scotgold brought the expertise and financing to the project when it bought the mine in 2007, developing its plan for the site over the next six years. A dramatic fall in the gold price disrupted the project, but the company was recapitalised in 2014 by Nat Le Roux, now chairman and a major shareholder.
                   
                       
        Queen of Scots ring, £29,995, Hamilton & Inches
                   
Naturally, an attempt to mine in a national park does not come without controversy. Planning permission was turned down in 2010 after objections from prominent environmental and conservation groups but was granted in 2012 after a detailed environmental programme, including reforesting and landscaping, was eventually agreed.

In September 2016, the company celebrated the first pour of Scottish gold at Cononish. The mine will not be fully operational until next spring, when it is estimated it will then produce up to 29,000 ounces of gold each year for the projected eight years of its life, with a predicted value of £258m.

Initially, Scotgold produced commemorative gold coins. It could have continued on this path with a straightforward commercial offering — a job lot of standardised rings, or wedding bands for couples hoofing it up to Gretna Green, should anyone still be doing that these days.

Instead, it chose to partner with Hamilton & Inches, and under the leadership of the jeweller’s chief executive, Victoria Houghton, Hamilton & Inches’ small in-house team of craftsmen, designers, engravers and polishers has created 30 different pieces of fine jewellery.

These are the first in a series of celebratory jewels that will be released in time, inspired by Victorian jewellery and Scotland’s royal heritage, and are intended to be grandly romantic future heirlooms.

“The collection is a homage to the history of the company,” says Houghton. “This is the first collection from Hamilton & Inches made entirely in the workshop. The craftspeople made everything from scratch using traditional equipment the way they have done for 100 years. Nothing was cast, everything is handmade from sheets of Scottish gold.”

Pieces include the Queen of Scots ring (pictured above), a sumptuous 8.87-carat, cushion-cut Saltire-blue sapphire, with epaulette-diamonds either side imparting a modern feel and detailed craftsmanship in the gold that includes more than 100 individual solderings. The delicate green and blue gemstones of the Tyndrum Waterfall necklace and earrings are inspired by the colours when the sunlight hits the water in the fall above the mine.
                   
               
        Holyrood Palace cuff, £24,250, Hamilton & Inches
                   
The 22-carat hammered gold Holyrood Palace Cuff (above), studded with five mixed-cut coloured tourmalines, resemble something a warrior queen might brandish. Blood-red spinel and black pearl drops on pavé diamond hoops (below) look straight out of Saoirse Ronan’s wardrobe from Mary Queen of Scots. Many of the drops on the earrings can be detached and worn as studs, lending them a versatility that was often found in Victorian jewellery but seems appropriately modern.

A fleur-de-lis theme honouring Queen Mary’s connection to France as Queen Consort recurs within the collection — perhaps most satisfyingly in the Goldmine Rock set of earrings, pendant and a sturdy signet ring, with the delicate gold central motif set on a shield shape of white mine rock from Cononish, the raw material from which the gold is extracted.
                   
                       
        Loch Leven earring, £38,750, Hamilton & Inches
                   
A member of the design team says “the idea [is] taking something not intrinsically of worth and turning it into something priceless”.

The earrings and pendant are reversible with a Scottish Saltire picked out in diamonds and sapphires on the back.

“The stones are precious, but not crazy,” says Hamilton. “We’ve used diamonds but we wanted a range where there was something for everybody. So the collection retails from £1,500 to £100,000.” It will be available from October this year; from December, clients will be able to commission bespoke designs from gold to be mined in the spring of 2020.

Hamilton & Inches’ warren of small workshops sits above the George Street shop, reached by rickety staircases, the walls of which are crowded with cuttings and certificates honouring the company’s history and particularly its royal connection.

The Queen has visited twice — most recently in 2016 to celebrate the store’s 150th anniversary, and the tiny lift was refurbished for her arrival.

The company was first granted a Royal Warrant more than 120 years ago and given the giddy title of “His Majesty’s Clockmaker and Keeper and Dresser of His Majesty’s Clocks, Watches and Pendulums in Palaces and Houses in his Ancient Kingdom of Scotland.” Since 2010 it’s been known more prosaically as Silversmiths and Clock Specialists to Her Majesty The Queen.

All of the gold used in the collection bears the official Scotgold precious metal mark (a stag’s head) and is certified by the Edinburgh Assay Office as being entirely from the Scotgold Resources mine. That purity of provenance is no doubt part of the appeal for the several prominent Scots — names withheld by Hamilton & Inches — who have already expressed an interest in pieces from this brand new, national treasure trove.

https://www.hamiltonandinches.com/scottishgold/scottish-gold-collection
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https://www.hamiltonandinches.com/history

History of Scottish Gold
Until this time, only tiny grains of gold were found glittering in riverbeds in the Scottish Highlands during the 1800s. It was enough to start a Scottish Gold rush with many hopeful people searching and panning, though little was found and less survived. Just two hallmarked Scottish Gold artefacts are archived at the Museum of Scotland.

An exciting chapter is now being written in the history of Scottish Gold jewellery. For the first time ever, Scottish Gold mines are extracting this rare metal for commercial use. Hamilton & Inches is one of only two jewellers in the world with access to Scottish Gold, creating authentic fine jewellery ethically sourced from Tyndrum.

Scottish Gold has been used in jewellery for hundreds of years. With the earliest of known pieces dating back to the Iron Age. Our most famous historical leaders such as Mary Queen of Scots and Robert the Bruce were known to have adorned themselves in the treasured element. Scotland’s captivation with gold has been a significant part of our culture for thousands of years.

During the Victorian era, many Scots were enthused by the discovery of gold in California. The stories travelled across the North Atlantic Ocean, inspiring many to seek their fortune in the new land. However, many of those who panned for gold were untrained in the field and mistook gold for pyrite, making it historically known as the Fool’s Gold Rush.

Ethically Sourced Scottish Gold
For centuries, gold has primarily been collected from rivers, a more widely available and accessible method which does not work reliably and is not commercially viable. Most of the world’s gold has been retrieved through mining, due to the efficiency and effectiveness of the process. Scottish Gold now finally has the ability to take its rightful place on a worldwide platform. The introduction of the mine at Tyndrum means we can produce ethical and pure Scottish Gold that is commercially viable.

Today, ScotGold Resources proudly boasts Single Mine Origin status ensuring all the gold is sourced solely from Tyndrum. It is mined and refined without coming into contact with any other gold. It is pure, ethical and incredibly rare. This is a momentous time for not only Hamilton & Inches but for the future of uniquely Scottish-sourced gold. The venture is 150 years in the making, and being able to produce jewellery that supports the elegant heritage of Hamilton & Inches is one of our most paramount achievements.

The Scottish Gold collection pays homage to the unrivalled beauty and treasured legacy of the country from which it takes its name. By harnessing the distinctive tones and rhythms of our waterfalls, alongside the unparalleled architecture that shapes our iconic landmarks, the collection draws from distinctly Scottish themes and expertly weaves them into each historically inspired piece.

Trollby still pumping the mkt furiously.

Good market. 300 shares traded today.

Good luck when you try to sell.

Trollby?  Pumping?  300 shares traded yesterday?  Fack off back to your stinking slime pit on Politics and create yet another anti-British fred - ya dopey, loudmouth, EU shill, Wayne Ker, broken feckwit!

23/09/2019 14:59
3,422
40p

23/09/2019 14:35
1,000
39.7p

23/09/2019 14:10
2,700
38.4p

23/09/2019 12:11
405
39.7p

23/09/2019 12:08
1,293
38.4p

http://www.nexexchange.com/member?securityid=2074464

This is an information fred started long ago when I was a pish head.  I'm now sober.

Trollby

Forgot to add LYING pos.

Scotgold's Twitter's not bad, https://twitter.com/scotgoldresltd but this Graham guy's got some good stuff too, https://twitter.com/GrahamScotgold

Things sure are livening up at the mine

There's another of these free presentations at the Edinburgh Radisson Blu on Thursday 14th November, if anyone's interested.  Free to register, attend and there's free beer after too!

https://www.sharesmagazine.co.uk/events/event/shares-investor-evening-edinburgh-141119
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New website went live yesterday.  Worth a look - very nice.

https://www.scotgoldresources.com/

I'm out of here.  Cheers, it's been a blast.

Fingers burned on this one a long time ago, with Greatland now

Well, it's been awhile

https://www.tvguide.co.uk/detail/4082238/42804366/gold-town
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Following people working for a mining company as they attempt to extract gold from a vein in Beinn Chuirn, a hill near the village of Tyndrum at the northern extremity of Loch Lomond and the Trossachs National Park. The endeavour could bring valuable employment to the local community, but the conditions are challenging

BBC Scotland
Sun 7 Mar
9:00pm-10:00pm

https://www.open.ac.uk/stem/environment-earth-ecosystem-sciences/node/181
New OU/BBC Series: Gold Town
Dr Julie Robson from EEES has been working alongside colleagues from FASS as an academic consultant on a new OU/BBC series called Gold Town. Starting on Sunday 7 March (21.00), this series will be on BBC Scotland (a digital channel).

Buried deep in the spectacular landscape of Scotland’s highlands, there’s gold! This 3-part series follows the fortunes of a band of miners, many of whom are new to the job, as they attempt to get it out. If the mining company can make it work, this will be Scotland’s very first commercial gold mine.

Filmed in the Scottish Highlands over a year and a half, the series follows the constant challenges at the mine, and life in the local community, a busy tourist hub that up until now relies mainly on tourism.


Episode 1: A mining company are attempting to establish Scotland’s first gold mine. It could bring valuable employment to the local community, but the conditions are challenging

Episode 2: Winter creates more problems at the mine. An accident rocks the team. Over 24 million pounds in the red, the whole project is at risk.

Episode 3: The pandemic hits the UK, and all mining stops. Local businesses take a terrible hit, but the price of hold is on the up. By the end of the year many fortunes hang in the balance.

Very reminiscent of that Rising Damp episode, were Rigsby is duped into investing in an oil well, located by The Pennines from that the fella off the honey monster commercials