UK 01:12 Friday, 6 November 2026
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Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
A little while ago I quizzed Stellar Resources (STG) Ex- Chairman and current director of Gold Mines of wales (GMOW) David Lenigas on its progress from both the Clogau Gold mine and the Gwynfynydd gold mine which comes under the exclusivity agreement covering the Dolgellau gold belt which has been heavily promoted over the years, Even Kate & William fund their names dropped in.
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Comments
DUCK AND DIVE
So that’s the process? Shovelling in itsy bitsy pay dirt with a miniature hand trowel?
turbograndad
Doc,
What does the esteemed Mr Lemongas have to say about it?, throw a tantrum for asking an inconvenient truth, or they all can’t be bothered with these inconvenience’s now, we have other furrows to plough, and fertilise with bullshit, its all just too negative to bother with.
The mug punters should have known, this is Aim below the belt, don’t ye know.
I did not invest here Doc, thanks to you, so you can see why I would have been a little miffed with yet another omni shambles, so thanks for that and keep up the good work.
wildrides
Look out Tom “incoming”
Southern Jessie “artillary shell” from the Mid North. Suggest dig in and return fire after deploying forward spotter to confirm position .
spudface
so why have they recently appointed a top grade geologist to assess geo data?
Given your public dislike fo big dave, they are hardly going to respond to you.
Agree they should keep informed, but it is in the public domain.
If two or more parties are bidding, then you would award to the one who has established working progress.
So the catalyst for sp rerate would be a renewal of the licence.
doc h
Morning folks,
Price movement is of no relevance, infact I’ve tried to filter information through without hitting those invested hard but rather explain the lack of progress or information.
This is a tiny mining company but advise folk look at the directors of the private company/s. Those sad enough like me will find interlocking relationships with other shoddy aim deals however these common denominators are people.
For the record I don’t hate or dislike lemongrass but more “ make a conscious effort not to turn the other way “
The city is as bent as a whippets back leg!
Happy weekend folks
Doc
alcira16247
Doc
Hot off the press……. there ain’t no commercial quantities of gold in North Wales…. period!
Whatever gold was there, was mined and cleaned out some two thousand years ago by those pesky Romans!
The only way Clogau might make a few quid is as a tourist attraction.
Warun Boofit
‘appeared to show the Gold processing plant working at the Clogau mine. Embarrassingly the equipment was set up wrongly’
I watched the video and laughed my socks off, Mr Bean feeding the conveyor belt with a tea spoon and Basil Fawlty staring into the other end of the ‘processing plant’ with a miffed expression at the lack of anything resembling gold would make a good sketch but wait a minute this video was not comedy it was meant to impress prospective investors, and apparently some of them were impressed ? Someone a bit streetwise maybe told the clowns who commissioned this video that although the mug punters are not that difficult to impress its stretching it a bit to squeeze a giant washing machine into a cow shed then expect peeps to want shares in the misadventure ? If this is the extent of the processing plant my advice to the company would be dont try to impress anyone with your equipment unless you have a really big one then everyone will say ‘ my oh my what a big one lets have some of that’ , a photo of a giant Zenith rock crusher being fed by five conveyor belts is the minimum I would have gone for, they are really impressive when they are going flat out but then maybe they have a bloke with a wheelbarrow instead ?