ETM - Energy Transition Minerals
- Thread starter YOUNG_TRADER
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Check out HotCopper site for more info on GGG the general info is to hold as so far most of the talk has just been by the papers and one cetain person not the GOVT as a whole.
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Hey pops, don't underestimate this... with a population of 57,564 and a parliament of 31 members, you are looking at small town politics. Cripes, this is only one rung up the political ladder from being on a PTA committee... Small town reality - you don't have to be the mayor to hold sway over the population.
:karaoke::iagree::iagree::iagree::bier:
Your one certain person could wield considerable influence whether in government or not. Don't underestimate it...
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It's true what luciano said on the 1st July.
Article came out on 2nd July..
http://66.102.11.132/translate_c?hl...le.com&usg=ALkJrhjKU4ptdRLfEfOJZOoyyX5gfnOVSA
Lars-Emil Johansen has accepted a position as chairman of Greenland Minerals and Energy, despite still being one of Greenland's two representatives in the Danish parliament.
The move is a controversial one given Premier Kuupik Kleist's recent statement that his new coalition government under IA will maintain the country's 30-year-old zero-tolerance towards uranium mining.
'I shall of course be attentive to the company's interests, but I am also a Green Lander, as is the company's director, "said Johansen. 'So another essential task is to ensure that any eventual extraction of rare earth oxides is carried out in both an environmentally and health and safety conscious manner.'
Article came out on 2nd July..
http://66.102.11.132/translate_c?hl...le.com&usg=ALkJrhjKU4ptdRLfEfOJZOoyyX5gfnOVSA
Lars-Emil Johansen has accepted a position as chairman of Greenland Minerals and Energy, despite still being one of Greenland's two representatives in the Danish parliament.
The move is a controversial one given Premier Kuupik Kleist's recent statement that his new coalition government under IA will maintain the country's 30-year-old zero-tolerance towards uranium mining.
'I shall of course be attentive to the company's interests, but I am also a Green Lander, as is the company's director, "said Johansen. 'So another essential task is to ensure that any eventual extraction of rare earth oxides is carried out in both an environmentally and health and safety conscious manner.'
Sure is. And looks like the move may backfire!
Conflict of interest concerns surround leading politician
MP takes on another role as board chairman for an Australian company hoping to extract uranium in Greenland
By Kurt Kristensen
Lars-Emil Johansen has accepted a position as chairman of Greenland Minerals and Energy, despite still being one of Greenland’s two representatives in the Danish parliament.
The move is a controversial one given Premier Kuupik Kleist’s recent statement that his new IA-led coalition government will maintain the country’s 30-year-old zero-tolerance towards uranium mining.
‘I shall of course be attentive to the company’s interests, but I am also a Greenlander, as is the company’s director,’ said Johansen. ‘So another essential task is to ensure that any eventual extraction of rare earth oxides is carried out in both an environmentally and health and safety conscious manner.’
Australian-owned Greenland Minerals and Energy, which has been in the headlines recently due to reported investment losses of up to 100 million kroner, had initially pinned its hopes on a change of Greenland’s uranium mining policy.
However, any certainty that both parliament and government would give the green light to extracting uranium as a by-product was swept away together with former government party Siumut after the 2 June national elections, meaning that the understanding between the mineral company and the Siumut/Atassut government no longer stands.
A parliamentary majority, consisting of then-government coalition partners Siumut and Atassut together with Demokraatit, had came out in support of the company’s proposed mining project on Kvane Mountain, near the town of Narsaq in eastern Greenland, during parliament’s 2008 autumn session.
Johansen denied having broken any rules when asked by Danish newspaper ‘Information’ if he was guilty of mixing politics and personal economic interests.
‘I am simply using my free time to occupy myself with what I want to, and no, I do not think it constitutes a conflict of interests,’ said Johansen. ‘I am just trying to give the new Self-Rule Greenland a reliable income.’
Criticism of Johansen’s acceptance of the position has already been voiced by political commentators, among them Lars Hovbaake Sørsensen, an expert in Greenlandic politics at Denmark’s Aarhus University.
Sørensen pointed out that the appointment represented the very sort of political action that lost Siumut June’s general election. That election saw IA, Demokraatit and KP parties surge to power on the back of an anti-corruption campaign.
One of the three founding fathers of Siumut, the political party that ruled Greenland from Home Rule’s inception in 1979 until last month’s devastating election, Johansen is one of Greenland’s most experienced political figures.
During a political career that has spanned over three decades, Johansen served as premier from 1991-1997, and has represented Greenland in the Danish parliament from 1973-1979 and again since 2001.
Conflict of interest concerns surround leading politician
MP takes on another role as board chairman for an Australian company hoping to extract uranium in Greenland
By Kurt Kristensen
Lars-Emil Johansen has accepted a position as chairman of Greenland Minerals and Energy, despite still being one of Greenland’s two representatives in the Danish parliament.
The move is a controversial one given Premier Kuupik Kleist’s recent statement that his new IA-led coalition government will maintain the country’s 30-year-old zero-tolerance towards uranium mining.
‘I shall of course be attentive to the company’s interests, but I am also a Greenlander, as is the company’s director,’ said Johansen. ‘So another essential task is to ensure that any eventual extraction of rare earth oxides is carried out in both an environmentally and health and safety conscious manner.’
Australian-owned Greenland Minerals and Energy, which has been in the headlines recently due to reported investment losses of up to 100 million kroner, had initially pinned its hopes on a change of Greenland’s uranium mining policy.
However, any certainty that both parliament and government would give the green light to extracting uranium as a by-product was swept away together with former government party Siumut after the 2 June national elections, meaning that the understanding between the mineral company and the Siumut/Atassut government no longer stands.
A parliamentary majority, consisting of then-government coalition partners Siumut and Atassut together with Demokraatit, had came out in support of the company’s proposed mining project on Kvane Mountain, near the town of Narsaq in eastern Greenland, during parliament’s 2008 autumn session.
Johansen denied having broken any rules when asked by Danish newspaper ‘Information’ if he was guilty of mixing politics and personal economic interests.
‘I am simply using my free time to occupy myself with what I want to, and no, I do not think it constitutes a conflict of interests,’ said Johansen. ‘I am just trying to give the new Self-Rule Greenland a reliable income.’
Criticism of Johansen’s acceptance of the position has already been voiced by political commentators, among them Lars Hovbaake Sørsensen, an expert in Greenlandic politics at Denmark’s Aarhus University.
Sørensen pointed out that the appointment represented the very sort of political action that lost Siumut June’s general election. That election saw IA, Demokraatit and KP parties surge to power on the back of an anti-corruption campaign.
One of the three founding fathers of Siumut, the political party that ruled Greenland from Home Rule’s inception in 1979 until last month’s devastating election, Johansen is one of Greenland’s most experienced political figures.
During a political career that has spanned over three decades, Johansen served as premier from 1991-1997, and has represented Greenland in the Danish parliament from 1973-1979 and again since 2001.
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Sorry mate new ANN out and she's all go as before but now with new team members and from local people with influence so GGG is back on track and looking pretty sweet so all your bad news work has not worked for my mind.
Mate, All I've been doing is keeping y'all up to date with what's been going on, whether the news is good or bad. I've got 10% of my portfolio in GGG/GGGO, so I've certainly got nothing to gain in downramping my stock. I just tell it how it is, so others can make well informed decisions on GGG.
Will be interesting to see how it goes when the suspension is lifted, maybe in a few days time. Could be a good buying opportunity coming! Certainly there appears to be good reason to keep an eye on this stock. GGG are pulling out all the stops to get this project up, and if they succeed, there may be huge returns in the offing to courageous investors
Here's the announcement
http://www.asx.com.au/asxpdf/20090708/pdf/31jh09hmh0nhb0.pdf
Will be interesting to see how it goes when the suspension is lifted, maybe in a few days time. Could be a good buying opportunity coming! Certainly there appears to be good reason to keep an eye on this stock. GGG are pulling out all the stops to get this project up, and if they succeed, there may be huge returns in the offing to courageous investors
Here's the announcement
http://www.asx.com.au/asxpdf/20090708/pdf/31jh09hmh0nhb0.pdf
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Fair call. Good luck to you then and as for me i have alot more than 10% stake so you could see why im more into reading good news to bad but in saying that i have been following this stock nad news on many channels not just here.
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Crossed fingers and optimism dont stop you from losing a lot of money.
Hell...holders might get lucky, but i'm glad to be out of this stock right now until all this crap is resolved.
Hell...holders might get lucky, but i'm glad to be out of this stock right now until all this crap is resolved.
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Well the price held up pretty well considering.
Really like the look of the new board and the appointment of Former PM of Greenland, Lars-Emil Johensen.
He looks like a good man to have in the trenches
and it's going to be a battle to get the go ahead.....be nice to get approval around about the time the feasibility study comes out
Oh what happy days they would be
Rods talking on Boardroom Radio
http://www.brr.com.au/event/58774/kvanefjeld-rare-earths-project
even if it's a low % deposit it's still looking like a behemoth
Good luck to everyone
Really like the look of the new board and the appointment of Former PM of Greenland, Lars-Emil Johensen.
He looks like a good man to have in the trenches
and it's going to be a battle to get the go ahead.....be nice to get approval around about the time the feasibility study comes out
Oh what happy days they would be
Rods talking on Boardroom Radio
http://www.brr.com.au/event/58774/kvanefjeld-rare-earths-project
even if it's a low % deposit it's still looking like a behemoth
Good luck to everyone
I may be of on some tangent here but i was looking over a few new REO projects and you have a few out obviously the demand is there.
Nolans - 848kt meas+ind+inf (2012)
Mt Weld - 1.184Mt meas+ind+inf (2012)
Dubbo Zirconia - 545kt meas+inf (2011/2012)
Hoidas Lake - 36kt ind (2012/2013)
Thor Lake - 1.428Mt ind+inf (2013)
Kvanefjeld - 4.79Mt ( Unknown)
This is just a stab in the dark but that looks a whole lot bigger then the rest of the up and comers.. I been following the Nolan project and Mt Weld and I'm a little surprised at the amount of REO although this doesn't indicate Good value offcourse that all depends on what REO is in the ground...
I know currently the relative REE value for
Mountain Pass - $7.54USD/kg
Bao Tou - $8.22USD/kg
Mt Weld - $9.75USD/kg
Nolans - $10.05USD/kg
so even if this one has similar to Mountain pass... with 457Mt resource thats a few Billion dollars..
Might have to follow this one more closely seems its all up to the Greenland government.
Nolans - 848kt meas+ind+inf (2012)
Mt Weld - 1.184Mt meas+ind+inf (2012)
Dubbo Zirconia - 545kt meas+inf (2011/2012)
Hoidas Lake - 36kt ind (2012/2013)
Thor Lake - 1.428Mt ind+inf (2013)
Kvanefjeld - 4.79Mt ( Unknown)
This is just a stab in the dark but that looks a whole lot bigger then the rest of the up and comers.. I been following the Nolan project and Mt Weld and I'm a little surprised at the amount of REO although this doesn't indicate Good value offcourse that all depends on what REO is in the ground...
I know currently the relative REE value for
Mountain Pass - $7.54USD/kg
Bao Tou - $8.22USD/kg
Mt Weld - $9.75USD/kg
Nolans - $10.05USD/kg
so even if this one has similar to Mountain pass... with 457Mt resource thats a few Billion dollars..
Might have to follow this one more closely seems its all up to the Greenland government.
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great on the orange light and the sp will prob keep fallin until the greenlight. Thats if there will be a greenlight. I think greenland should approve this project as it will provide the country with so much more, yet environmental issues wont allow it. Only one project which is the kvanfield, hmm if all fails what will happen, delist from asx?
When is the summit in copenhagen?
When is the summit in copenhagen?
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What companies are in these projects?
Nolans
Mt Weld
Dubbo Zirconia
Hoidas Lake
Thor Lake
Nolans
Mt Weld
Dubbo Zirconia
Hoidas Lake
Thor Lake
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Your google must be broken. Nolans = Arafura ARU, Mt Weld = Lynas LYC, Dubbo = Alkane ALK for starters..
Not so much goes Greenlands way (IA) right now, they are not aloud to sell any products from seals within EU anymore, the seal-industry is very important for there economy. I think they have to look for other possibilities.
They also have a big tap in the tourist-industry
sermitsiaq.gl/politik/article85055.ece
(I'm not aloud to insert links)
GLTA
They also have a big tap in the tourist-industry
sermitsiaq.gl/politik/article85055.ece
(I'm not aloud to insert links)
GLTA
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GGG
Nice little jump today plus volume up well also...maybe an ANN coming before to long with some luck, all the best for holders, i hold.
Nice little jump today plus volume up well also...maybe an ANN coming before to long with some luck, all the best for holders, i hold.
Knobby22
Mmmmmm 2nd breakfast
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Re: GGG
Gee that's a vague spruik.
No details, no info, wishing best of luck and there maybe an announcement?
Try and do better next time.
Gee that's a vague spruik.
No details, no info, wishing best of luck and there maybe an announcement?
Try and do better next time.
