Press release 26 November
Glass Earth will be mining gold before Christmas :) according to this news.
Quote:
All necessary consents for the McAdies alluvial gold mining project in the Ida Valley are expected to be in place by the first week of December. All necessary equipment is in place and ready to be mobilised to site with commencement of mining expected shortly afterwards.
Consent applications for the Gun Club/Nevills alluvial gold project, also in the Ida Valley, have been lodged with the appropriate authorities and are currently being processed.
The 40 tonne floating Gold Recovery Unit (purchased in conjunction with a
mining partner) is currently leased out.
There's quite a bit of other detail both positive and negative, but none of that matters too much once the gold starts being sold. It certainly looks like all sources of income are gratefully received at the moment. Yep, I know what that feels like.
The news followed an early purchase of 250,000 GEL shares for CDN5.5c overnight, followed by a small sale bringing the price lower. Cheapest shares for sale there are now CDN6c. But it doesn't look like the news was posted to the TSX, might have passed largely under the radar.