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I was also wondering if the copper has ironically caused us some short term pain here. We know that discovering it at depth was a surprise and they're trying to establish the link to the copper previously found in the shallow drilling. Really need some clarification from the Directors now because everything was pointing towards a swift conclusion to this story.
You're not wrong Bobby. I just want to get my hands on some
warrants.
Talk about golden tickets!!!.
Could be great opportunity to buy now IMO.
Just wish I could get the heads up the same time as others.
Well this is A.i.m .
Gla
I don’t mind placing a if they’re done for the right reasons but like most people on here I feel there has been some underhand dealings taking place and like many my investment has decreased by quite a bit. Having said that, I’m still hoping that this will come good. I’m sure I heard LR state that this wasn’t a lifestyle company so let’s hope it’s not.
Good Post Bricks.
Well at least I've learnt a lot more about this board and key shareholders. Any large sells in a few months time and we'll spot what they're up too.
I now also understand why DB haven't been so publicly active compared with their other investments with letters to the board etc.... which I expected.... they clearly have a private line.
Right I'm off to see some sunshine and wait for the next news
@Oiltap....
Now that I have taken time out, had a packet of fags, stopped hissing at the cat and calmed down slightly ..this is all starting to fall in place now.
Here’s my reasoning.
Lundin has first right of refusal to buy back in to Toral……
Source: https://www.goldquestcorp.com/index.php/news/archive/170-goldquest-acquires-spanish-lead-zinc-silver-project
Lundin is actively looking for new resources and would prefer copper asset followed by Zinc.
Source: https://www.reuters.com/article/us-yamana-gold-divestiture/canadas-lundin-mining-still-seeking-assets-after-1-billion-mine-purchase-ceo-idUSKCN1RR12N
So….in a few weeks we will have a JORC report that is “indicated” without Copper.
This imo will give the SP a huge boost and LR will hope by then we have all calmed down.
With the finding of Copper at Toral my guess is Lundin have asked EUZ to prove it up a bit more.
However I have no doubt the money from this placing is to continue drilling and to include Copper into the JORC at some point before selling or JVing Toral with Lundin. This is my opinion only and DYOR.
Yep they were running on fumes and I expected a placing.... but not in the way they've done it.
If they'd raised (with a small discount) at the price prior the db sale then I'd have been OK with it. Basically we've been somewhat turned over with this one.
Big chance now if you can top up at these levels...will slowly rise no worry no cry. GLA
it was expected but was hoping it would be after JORC and therefore at a higher price
Db have paid the placing price and played a blinder. They clearly see a weak board with a good asset so that's a positive.
You could argue the last placing was worse and the share price recovered. The same setup this time. Higher priced warrents etc. So if drilling etc goes well then should be a higher price.
Trying to put emotions aside on this one this am!
What's your point (other than to demonstrate that you're a sociopath?)
Wait. What. Everyone isn’t going to become a millionaire overnight from a small investment here??? Well now. Who’d have thought it. After all. Historically this share and its directors have always acted with such honesty and integrity, always putting the pi’s first... let’s see when the first round of “what a top up opportunity” messages start!! ??
Yes... LR is running for the hills...
..
If as Oiltap says DB have paid 0.04 then this really is bargain territory, it's all a game, issue cheap shares get the bigger gains if you can ride it out. Let's see what LR has to say .
Genuine question as I'm looking for reasons not to cut and run (should have remembered this crap from the FCR days).... But is there any upside after today's news?
No wonder my broker wouldnt deal in this stock.
Saved me from buying more. Still 75% down though.
I will live by my previous statement, worse share ever uncested in, corrupt but calling them names wont worry them either
Well I'm not happy with this at all and the tactics/ share dealing over the last few weeks to a month is highly questionable. Basically makes AIM uninvestible for a PI and this is my last one ever!
Placing price is a joke... a not very funny one
with this.........defo smacks of insider knowledge with DB offloading the past few weeks to buy back in......only comfort is JORC update from inferred to indicated still to come in 4 weeks or less and then hopefully this gets packaged up for a sale. Will wait and see ........not bailing out however thse LR types should be held more accountable for their actions.........PIs cheated again :(
Well yes B1LL and I've taken my humble pie this morning, I thought the last campaign was the last drill and the warrant cash would see us through. Bit of gallows humour but at least you can take part in the placing price now!
Everyone has their own opinion and has a right to express it.
Everyone has their own investment strategy.
When questions have been asked about funding there are certain words that some people ignore or dismiss as de-ramping .
Well there it is again in our latest Rns.........
Gla.
just over 0.2 to sel what a ****ing joke we need to call him
Now that hurts, explains why all the unexpected selling happened, unfortunately I will now finally have to look for an exit strategy as I no longer trust the BOD to look after the PI interests, GLA
I will be flying in to London from SA whenever the AGM takes place. I will be on a mission to oust LR as this whole thing smacks of insider trading. He needs to be locked up. !! Is there anyway we can lodge a criminal case against him ? Any legal guys on this forum ?
Once again the "old boy network" comes into play,
On a more trivial note that's nice for anyone who might have bought train tickets.