Sorry to hear that your average is also pap. Not sure how Bird is going to turn this sp decline around, but with our current amount of shares in issue, it'll have to be a miraculous stroke from somewhere.
Yes, with my average of 0.89p I will be ditching this as well if they consolidate. Not happy with the latest situation, our convenient partner. Would prefer to just fully focus on Mutsk and nothing else. It's supposed to be a straightforward enough project. No JORC or 3D model yet though, at least no news on the latter. Why not?
Furthermore, I therefore have serious doubt about the level of expertise within ORE. After all, there are good geologists and bad, each have expertise, or shall be say, more likely in our case, experience. Lol.
I think they are a long way from being a partner. What are they bringing to the table? an potential asset they decided was not worth funding themselves. ORE are being used and the BOD are not looking after the shareholders interest.
Agreed, near surface 2g shows potential. So is it better than Silverton? and if so why are we throwing what little financia resources we have there? The BOD clearly think to turn Arminia into a minable asset is a long way down the path, hence the lack of a 3D model, lack of JORC and financing. Building on the limited drilling at Silverton helps Galileo de-risk the funding of exploration whilst giving them the option of having significant returns if anyhting is found. Further, Galileo already dicided to throw is time, effort and finances at exploring its other deposits where it thinks the potential is higher, therefore ORE are being used to finance high risk opportunities that have the potential to deliver dust and still make Birdy look good!
If we gave already intercepted 2g of high quality gold at near surface level during test drill and with gold prices rising as i type this shows the massive potential if the drill zine can show us more gold which to be fair if birdie has said he found 2g then chances are more will come. The land is rich in minerals.
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