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Mine Exploration Forum

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Author South Crofty - current situation?
waggy

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Joined: 17/06/2008
Location: Here, there and everywhere

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South Crofty - current situation?
Posted: 17/01/2020 19:14:16
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Dont forget making more small holes in the rock Big Grin

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I am always upto my neck in it! IP: 94.8.39.32
John Lawson

Joined: 09/12/2010
Location: Castle Douglas Dumfries & Galloway

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South Crofty - current situation?
Posted: 17/01/2020 21:15:07
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Interestingly they are allegedly going to try and drill above the water table and hence do not have to pump the mine dry!
Although apparently they have permission to do that!
IP: 94.3.222.73
John Lawson

Joined: 09/12/2010
Location: Castle Douglas Dumfries & Galloway

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South Crofty - current situation?
Posted: 17/01/2020 21:15:09
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Interestingly they are allegedly going to try and drill above the water table and hence do not have to pump the mine dry!
Although apparently they have permission to do that!
IP: 94.3.222.73
The Fresh Prince of Portreath

Joined: 05/08/2015

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South Crofty - current situation?
Posted: 17/01/2020 22:11:21
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John Lawson wrote:

Interestingly they are allegedly going to try and drill above the water table and hence do not have to pump the mine dry!
Although apparently they have permission to do that!


£2 million to ***** on people sat in offices and make some more reasons for the next £2 million.

Who are these investors? Fools?
IP: 194.35.119.38
waggy

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South Crofty - current situation?
Posted: 13/02/2020 19:28:42
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Just caught tailend of a report on Crofty on the One show tonight not sure what it was aimed at probably raising the funding they need

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somersetminer

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Joined: 19/05/2012
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South Crofty - current situation?
Posted: 13/02/2020 23:27:21
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waggy wrote:

Just caught tailend of a report on Crofty on the One show tonight not sure what it was aimed at probably raising the funding they need


what FP says is probably closer to the truth, if you put a finance hat on and actually cost it they need in the region of £100 mill to reach production, no bs either
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derrick man

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South Crofty - current situation?
Posted: 14/02/2020 02:44:19
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The Fresh Prince of Portreath wrote:

waggy wrote:

Just seen an update Strongbow are raising another $2 mil by private placement for more drilling at Crofty (always room for more!) and working capital


I bet you all a prima pasty they cock around some more, make all sorts of press announcements, produce some pretty graphs and make media fuss.

If they do anything of note, beyond raise more funding and spend it very slowly on staff costs, I will be very surprised indeed


Primal pasty? I wouldn’t bet an Ovenfresh one on that...
IP: 85.255.232.75
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