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The volume of trading LBRMF in those days (2011-2012) was about 1500 on average. Just saying.
Some on the AYM board are saying the same type of things as this board... sale of the Grangesberg asset because NOTHING is happening and their shares are dropping. Same pattern. This is an incredibly elaborate scam, and somebody needs to get to the bottom of it very soon.
I want to know more about this stuff... https://ibb.co/chDGspt Apparently, Mr Bowden collected a lot of information about the companies that Kearney has been involved in.
Again, as I stated previously, there are similar patterns in these allegations and what we've seen.
To note, Gordon Bowden passed away a few years ago. Also, Mr Varma and another LIM employee have passed in the last couple of years. Not making a connection, just saying.
Is Kearney currently seeing production at any of his company's, at all? Or, is it all 'exploring' in various contexts?
Same patterns of BS... the AYM stock is getting hammered and the management keeps talking about 'potential partners', testing, sampling, etc.
https://www.proactiveinvestors.co.uk/companies/news/1057258/anglesey-mining-focus-this-year-will-be-parys-mountain-1057258.html
Sooo, what's the problem? Where's the financing? Why the carrot-on-a-stick behavior from the company? If this is so good, the money should be there.
There's some wild shit out there...
http://www.gordonbowden.co.uk/the-suspicious-death-of-a-miner/
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But, what has this all to do with Anglesey Mining, and why did Mark Wellesley-Wood allegedly take his own life?
Well, he was probably trying to cover his own arse when he was interviewed by ABC 4 Corners for one thing. Could he have been close to cracking and was about to blow the lid on the operation, just like Brett Kebble was about to? Could there have been a guilty conscience bubbling inside Wellesley-Wood about who he was involved with perhaps?
Either way, whichever way we look at it, there is a very strong possibility that Anglesey Mining Plc is being used as a front company for a secret nuclear waste repository, namely the Morris shaft – the design of which is commensurate with that of a nuclear waste repository in Finland. The company hasn’t mined anything in over 50 years of operation yet is fronting as a PLC company on the London Stock Exchange, and is connected to the Masonic Lodge in London that Lord Tony Hall, the current Director General of the BBC who has outlined will be stopping down from this role in the coming months, is a liveryman at.
Painter’s Hall, which is linked to numerous Ponzi scam companies connected to the Directors of Anglesey Mining Plc and their movements of monies to Bermuda, Cyprus, Australia, Canada, and so on. They also have a similar so-called “mine” in Canada (Labrador Iron Ore) and Sweden (Grangesburg Iron, mentioned earlier).
So, why is it that the lack of activity at Anglesey Mining Plc (set up in September 1984 in its current form but goes back further than that), a “supposed” mining company that hasn’t done any mining even though there have been times when the price of zinc and copper per tonne have been at record rates recently is concerning and something that needs to be looked into with a fine tooth comb?
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Also...
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What’s important to understand here is how Painter’s Hall is a cesspit for money-laundering, and is how Anglesey Mining Plc moves its money via the Alternative Investment Market (A.I.M.), the London Stock Exchange (L.S.E) and offshore tax haven Bermuda via its Directors Danesh Kumar Varma (and Juno Limited) and Roger William Turner. Both Varma and Turner are also connected to Eurang Plc which Wellesley-Wood was part of. Starting to get the picture?
http://companycheck.co.uk/director/906290959/MR-DANESH-KUMAR-VARMA/summary
http://companycheck.co.uk/director/901159418/MR-ROGER-WILLIAM-TURNER/summary
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John Kearney is mentioned in this blog post from 2019. He was the chairman at AYM.
http://www.gordonbowden.co.uk/is-anglesey-a-dumping-ground-for-nuclear-waste/
I understand that we are invested in a Canadian company with assets in the Labrador wilderness. So, for any of the veteran investors here, feel free to take shots at this, but I'm digging to find out more about this 'company' that has taken our money. There is a clear pattern of strange behavior between both AYM and LIM, and they involve the same management figures. Any further info by anybody is certainly welcome.
He was ousted by the shareholders at AYM. It's time for Kearney to sell the Houston asset and get the investors (us) their money back. Tired of the carrot-on-a-stick BS with this 'company'.
He's earned a new nickname... Kearn-artist
A bunch of people have lent them money, and they ran away with it.
Laying out a path to development would stimulate investor interest and increase PPS (we all know this).
They're not trying to raise any money. We lent them money to pay themselves.
Some probably think the PEA etc is a path, but after this many years, it was simply a pump.
For an OTC, what is the proper entity to file a formal complaint against a company?
I'm suspecting that he doesn't have a very positive reputation and can't secure financing. Some time ago on the Anglesey message board, a poster commented that he is eye rolled by the banks and it is basically a 'oh, this guy again' type of reputation.
Some already knew this... https://www.extractiveindustries.co.uk/shareholders-oust-anglesey-mining-chairman-and-stalwart-john-kearney/
Dated January 3, 2023... In his half-yearly report, Anglesey Mining chairman, John F Kearney, said: “I firmly believe that Anglesey is positioned very strongly to advance its two key assets at Parys Mountain and Grängesberg over the next year."
“I remain very confident that the assets held by Anglesey will deliver significant value as they continue to be progressed over the next year.”
https://www.northwaleschronicle.co.uk/news/23225697.copper-gold-silver-soon-mined-mountain-near-amlwch/
He plays carrot on a stick with multiple companies. This POS needs to go and the property needs to be sold and developed by a reputable company... https://www.morningstar.co.uk/uk/news/AN_1636751712162341300/in-brief-losses-balloon-at-anglesey-mining-on-rising-costs.aspx
https://www.extractiveindustries.co.uk/anglesey-mining-targets-1-million-via-placing-for-parys-and-grangesberg/
In the conference call 2021 after the release of the PEA, Kearney said they would come back in "18 months", and in August 0f 2022 (18 months later), he came back and said we'll 'revisit' in a year, and one year later we heard from them again with the amalgamation news. But, since then... radio silence.
Yes, we see online updates and reports, but zero communication... and this is some seriously unethical business behavior toward the people who lent them money. It's time to shit or get get off the pot.
The big difference between LBRMF and SXOOF is the company history and it's operators. At least with LBRMF, we know there has been a real production history with a CEO that has been legitimately 'in the game' for many decades.
SXOOF has a CEO that just screams con-artist... and remember they even touted Paul Pelosi Jr as one of their Board members and investors. Pelosi Jr has a long history of fraudulent dealings in scams like SXOOF... and it's all on record.
I'll proudly say that my red flag radar went off real quick on SXOOF and I was able to get out in the green.
I've stated that at this point I'm 50-50 on LBRMF. I see the images on Google Earth, and there is something there, but three years in and still chasing the carrot has dampened my enthusiasm of it coming to fruition... especially with the company being idle as long as it has.
I believe this is the location just off of Lake Houston. Google Earth images are from Nov. 2022. You can see the test sample lines and trace the road clearing to/from the rail. My question is... how old is all of this development? The tractor tracks next to the rail indicate that at the time it was a fairly recent.
Coordinates are in the images.
If I'm wrong, somebody let me know...
https://imgur.com/a/SmzVH0K
I agree that the updates are a good sign, and don't forget the obvious road and land clearing at the rail tracks per Google Earth. Let's see that small bridge pop up now. There are positive signs, but communication is the lacking key, and it is deeply offensive to give your money (a substantial investment) to somebody and they go completely silent.
The only funding that doesn't seem to be lacking, is tax payer funding for destroying peoples lives and their homes. I'm VERY sure a BlackRock etc could pocket change fund this project. The money is certainly out there.
Yep, the jump was after the PEA... three years ago. With the economic environment looking more and more like continued inflation (how can it not be without a financial system collapse?), one would assume that securing financing asap is the way to go. Basically secure the loans and pay them off as inflation continues upward. There is simply too much outstanding debt around the globe, and deflationary periods are going to wreck the holders of these debts (banks)... so a return to QE policies is the only way to go. Similar to what Japan has done for decades.
When Biden came out and talked about raising capital gains taxes on those making over a million/year and/or 500k in stock investments, I laughed. That's gonna be the norm at some point, as money 'printing' continues and wages have to keep up.
The other issue is WW3. That is the way the bankers/politicians escape the coming debt-ridden financial collapse. Their insider ways will see them scurry off to their safe havens, while the common people get wrecked. Yes, that's real doom and gloom stuff... and it's not sounding so crazy anymore.
Are those part of the Trump tariff's that Biden did away with when he took office? Flip flop.
LOL... Kearney playing us
The carrot is called is 'hope' and it always seems to stay the same distance in front of us, no matter how hard we try to grab it...
The next carrot is the "PFA". Sorry, but that's reality.
3 years since PEA and down over 10x from pumped up highs...
Have a great day.
The US Fed is going to start cutting rates again this next year. Sure would be nice if Kearney could find some of this eased lending.
The reality is, the US is too deep in debt for rising rates. The whole game is rigged. Get the monopoly money while you can, and get real assets with it.
Micro buys are propping it back up... LBRMFraud
Somebody said bye bye. Now, watch for a .08 buy of a few hundred shares to prop this 'Joe Biden' back up...
Yes. The entire 'west' needs to get rid of all of these globalist neo-commie assholes.
I love predicting the daily buy of a few hundred shares to get the share price back up. It's like clockwork. LOL
Like I said four months ago, we won't hear anything other than an August report, and then the wait for 2024 commences. And with the election year volatility, we'll be waiting for 2025 and hopefully a new administration in the US that will bring confidence to the markets and a much needed infrastructure rebuild plan.
Sorry... just being real.
It was Kearney after the Scully announcement when he stated that they would 'reevaluate in a year's time', meaning August 2023. If that is the case, they'll provide an 'update' and nothing will be done until at least this time of the year 2024.
I'm 50/50 on this, and have a significant investment in it. There is quite the feeling of 'carrot on a stick' that has been developed. And with the economic and political volatility in our world, I can see this going nowhere for a long time, unless it is sold to a company looking to produce asap.
Edit add: I'm extremely unhappy with LBRMF, btw.
The United States has a need for massive infrastructure redevelopment, but the only way to do this without inflation going to the moon is to open the spigots on domestic oil and gas production. The liberals and neo-conservatives have failed with their globalist pipe dream, and I think we are going to be a more regional trading world moving forward. Your hope for a 'deal with the USA' might become reality.
When the Scully announcement was made (last August or so), Kearney made a comment of something like 'we'll come back in a year and see what things look like'. I won't be surprised if we don't heart anything until that time period, which then will indicate that nothing will happen until at least 2024.
Economic climates are deteriorating and lending is drying up. The only way I see the 'West' not completely falling through the floor, is by unleashing an Oil & Gas boom on the American continents and, as we've mentioned here previously, massive infrastructure rebuilding bills. 'Cheap' energy is the only thing that can provide the foundation for this.
That's my point in that announcing financing for the road would certainly perk many of us up, and would at least show us all that something is actually happening on the ground. The sight of the tree clearing, while not new, and the appearance of test digs at the location do prove that substantial money has been spent on the location, and it's pretty easy to say that those are good signs. I too am a large shareholder, albeit not in as long as you have, and I obviously do believe in its potential.
Announcing that the gravel road is being developed on the Google Earth visible tree clearing, will go along way with many of us here.
https://imgur.com/a/IbqM0V5
Well said and appreciated, bobble.
Key word... "studied". The Houston project was suppose to be the financial stimulus for Angelsey, if I recall. Jo Battershill has stated on record that Grangesburg is years away from opening.
This all has the appearance of 'look over there... no... look back over there'
I agree. Your work is greatly appreciated, bobble.
I agree his resume is certainly not in question, and with seemingly good past relationships with Tata, is it irrational to hope of an off-take agreement?
I share your sentiment.
Hasn't there been some recent news about Tata Steel reopening in the area? Also, some recent agreements with IOC (Rio Tinto) and the local citizens? And finally, didn't LIM have a deal with Rio Tinto over a decade ago?
I would really like some insight into Kearney and LIM's reputation in the global iron mining sectors.