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Filtered for writing crap
Yes i know enough about XRF to know that it is not normal to have results that are like 70% off. And multiple results. We arenot just talking one.
If you know a little bit about stats and SDs, you will understand that this is simply not feasible.
And alarm bells ringing in the fact that they seem to have been delibaretly delayed. It did not take them 4 months to get the lab results.
Seems that XTR is the only one doing well, and even that is still down from when CB took over the company. The trio of XTR, BZT and Galileo are about half of 2021 highs.
Im just saying...be careful and act with open eyes. The facts/stats dont lie.
Probably the $1.5 million winging its way to us and market cap adjusting
The RNS the other day was fantastic and nothing goes up in a straight line
Will SFR announce first and GLR wrap the SFR drilling results into their announcement?
So which announcement will come first?
GLR or SFR?
Any reason for the sudden jump in SP - is it the Kwadoku effect?
Kwadoku - your facts about XRF do not tell the whole truth. XRF is only accurate to the ranges quoted when you are dealing with super high concentrations of metal. In an assay, XRF is only about +/- 20% accurate and even then only if you have a homogeneuos sample. If XRF is used on rock samples, then results are only indicative and the margin of error can be way in excess of 20% since rock samples are not homogeneous, and certainly should be used as the basis for investment.
None of us yet know what KCB holds, other than the region's premier miner paying as a few $m for licences that we have initially drilled for them. I would be surprised if those purchases were concluded in the absence of at least some encouraging drill and assay results - for which we should expect comms by the end of this month.
The broker note is more optimistic than many on this board, and given the breadth of projects, the "share price remains unchallenging."
Hi Kwaduko
Thanks for popping in and the warning.
I’m not sure your invested here or how much you’ve investigated this share; but before you add more doom and gloom can I respectfully suggest you digest Shard Capital’s latest Broker note on us. There are already more than enough posters here who prefer to look for storm clouds to walk under, this is a completely different Company than the one I first bought into nearly 10 yrs ago.
GLA
I just thought I would see whats going on in other CB companies, be careful guys.
We had this amazing handheld results for a copper mine in Zambia back in April that were supposed to be followed up by lab results in May. The SP doubled on the back of the initial news. September- still no news of the lab assays which were a small sample set taken from just 2 holes. Eventually, last week, I had enough and contacted the FCA to investigate, within a few days of the FCA responding to me- we got the lab assays which were sth like 70% less than the handheld, which is way out of the usual range of accuracy for those machines (normall +/- 5%).
Tread very very carefully
https://www.sandfire.com.au/site/PDF/d34d0f5f-9920-40d4-9b16-aba3549c2848/A4OreReserveandMotheoExpansionPFS
A little more to wet the whistle
GLA
Oiltap you've misunderstood me, in no way I referred to phoenix as a ramper, far from it to be honest. There was 1 in particular who always ramped the company and if you been here since concordia days then you may know who I'm referring too.
I remember well Columbo/troajan also have debates with said individual. The individual rarely shows up now....anyway I learnt to ignore the individual as I saw on few bb's his rep as a ramper .
As for phoenix i agree to your point, his baught in at a good time, as for me yes i been here since concordia and couldn't face the loss hence held ( was new to investing then) . You can't deny CB really messed up with that project, especially after his own hype, so can you blame me for having a moan.
As for now, I'm still here and averaged down due to the potential but now and again do get haunted by the past and get afraid of another potential c.... up, but like I said recently the whole sfr deal gives me confidence.
Hope that explains. Gla
oiltap youve posted some great findings here but you cant state anyone who invested pre concordia got their timings wrong !!!! cb at the time alikened concordia to solg's find in equador !!!
Hi Oiltap a realise that! I can't see a connection to MTR as per the following statement
'Let’s not forget one of the SFR’s biggest asset was a license sold by MTR which is another CB company'
Hi Phoenix,
You posted some days ago about MTR being a CB company. I haven't found any link could you please expand on the connection?
100% agree.. and he made it obvious in the last interview that his aware of what's written on here, which makes it more annoying that he chooses to continue in his way.
Anyway I'll be the first to apologise to CB if he actually comes up trumps!! Gla
been here too long myself too !!! and there is one person who could and should give more positivity to the board and glr and thats cb, who is far too often silent for too long, gla to lth
By the way think I got every right to have a moan, if you don't like reading it then please filter me, quite simple.
There are also some serious "rampers" on here ( not as much as previous years) but it's funny how no1 complains about them. I say what i do with experience of CB ... but even then if you read correctly I state why im still invested, i may moan but have some belief it " could" be different. Anyway gla.
Phoenix11 and how long you been invested in glr?
Iky you have only moaned for last 2 years. See your posts. CB this CB that. Never you have contributed any useful info.
AFP....
I assume Sandfire will issue an announcement for their licence acquisition. I assume the puchase from GLR and AFR will be announced together. I also think they will announce the drill results from the included licences as that will be relevant to the purchase. That should be interesting news due in the next day or two.
Nice to see some money pouring back into this today and why not with KCB drilling results now imminent.
The whole market has taken a dip today though
Quite annoying to see sp drop again, would have thaught we keep around 1.50p mark at minimum but idealy gradually going higher with the recent rns.
CB said results "soon" that could mean anything going by his dates. Not having a moan...or maybe a little one. But as a looong term holder just want to see momentum in the right direction now. Gla