We would love to hear your thoughts about our site and services, please take our survey here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
I hope we have a good day today
Been pretty stagnant over the last couple months or so
Red Setter assays are due any day now. If good then combined with Cottesloe Wishbone potential assets are huge compared to micro mkt cap
When is news due from the gold project
Tia
Here's praying for a return to 2012 prices! :-)
Still undervalued no matter how you look at the RNS
Next up will be gold results which is what I’m counting on
Giving this both barrels
More news to follow this is just the start
Someone’s confident with a £13 k buy ! Results better than the derampers think !!!
Earl is spot on. Spectacular is over statement of the year.
for comparison see other AIM explorers where spectacular results have seen multibag SP increases over just a few days. This is garbage in comparison and why the share price isn't moving after the intial rush of buyers this morning who most likely bought on the spectacular headline without reading the content.
Yes I agree, the rise has been sold into by 10% profit taker’s even though the spread was trying to luck them in
WS has to be a bit more real in terms of its finds all we hear in their RNS’s is that fantastic results huge finds but soon it goes very quite no follow up no what next
As though the CEO is only looking for short term SP boost so he can pull in a few more outside investors to coming in and buy at a discount
I think the CEO has to realize that the markets have worked out his tricks and thus the reason SP had dropped from 18P to the current levels and not moving much even despite a surge in SP a while ago where there was huge buying in the OZ markets
Please Sir dear CEO stop this constant talking the Find up and for once show real values confirmed by the market analysts
Only then the market may take this company seriously and we go back to those heady levels and stay there
Plenty of buying going on, high volume too.
It doesn’t take much to pull this sp down with the sellers, I think it’ll continue to rise but just gradually
Will be interesting to see what the close price will be
Pretty underwhelming rise in share price if you ask me !! Investors have been waiting along time for this news and it’s hardly up from the lows and no buying !
Richard Poulden, Wishbone Gold's Chairman, commented: "These results are spectacular and vindicate our original belief that Cottesloe has significant potential. For it to occur in the south highlights the scale of what we have in front of us for the entirety of the project. To have mineralisation, and zonation of minerals, from surface to 700m is truly incredible and the confirmed large scale mineralised system is clearly great news. We may have a very large base and battery metals discovery in the making at Cottesloe and look forward to moving this project further along the exploration curve in 2024 as this year's exploration season is just about to commence."
Highlights:
#wsbn #rns
Spot the bullish statements.
I think this is a naughty RNS.
Shareholders can't even begin to pick this apart because:
1) I have no clue about widths
2) I have no clue in the exacts, it says from, up to, ranging from.
It lists all the bits it has found but provides no clarity or detail. The pictures say nothing really and I generally ignore them.
How much drilling?
How much returned?
What are the widths?
I want to also know how much money in the bank as this seems like a very bullishly written RNS which contained a lot of words without a lot of detail.
Or a marula =D 500% every year would be impressive haha
Poulden will over- egg everything if it looks remotely extractable. Some of Last drill results were sat on for a while so folk would go away and forget the company until he could come up with a strategy to find some shiny bits.
Least he has some now.
HH I know what you mean, some simple Googling shows for example a cut off of 5% for a viable Zinc mine. Where WSBN show 1%, so no where near. "These results are spectacular" seems a bit over exuberant but then he's probably lining up the next placing to keep him on the gravy train.
@ SSweeney ... Just the first four metals mentioned
Zinc - good grades around 10% ... low but economic around 3%
Lead - good grades around 10% ... low but economic around 2.5%
Silver - good grades measured in kg/t ... low but economic around 100g/t
Nickel - good grades around 2% ... low but economic around 1%
Obviously each project has to be judged on its own merits based upon depth, thickness, accessibility etc. but the above numbers are very rough ball park figures.
This will do an eee
Good results after good results
Back at 8-10 p this year
Hold
Good question, would be good to have analysis on how these grades compare. Seeing words such as spectacular, significant and incredible is a positive sign. GLA
Remember of the mining company which found nothing throughout their exploration time, were on the verge of giving up and had one drill hole final stab - and landed with a major discovery
Value of the company is 4 million ….ridiculous low
Folk here seem very excited by these results as does the market, but how many people here have compared these grades with the sort of cut-off grades typical of a profitable mine?
If you analyse down to a fine enough level of detail you can find just about anything just about anywhere... So how many of these drilling results would other explorers mention in an RNS?
I'm not saying that today's news is bad news, just that I'm surprised by how "good" others seem to be finding these results.
"The entire project consists of three tenements totalling 50 blocks covering an area of 165km2 and is considered highly prospective for precious and base metals".
"These results are spectacular and vindicate our original belief that Cottesloe has significant potential. For it to occur in the south highlights the scale of what we have in front of us for the entirety of the project. To have mineralisation, and zonation of minerals, from surface to 700m is truly incredible and the confirmed large scale mineralised system is clearly great news. We may have a very large base and battery metals discovery in the making at Cottesloe and look forward to moving this project further along the exploration curve in 2024 as this year's exploration season is just about to commence."