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RP did everything in line with law and procedures in VLRM. There are no any actions against him and he step down in VLRM. If you lost money then don't cry here. RP's achievement is 1000% Sirius Minerals share value increase and it won't be forgotten.
Chart and trend on the turn for the good
So much news due before crimbo! Time to buy. RP owns 12% of the co....game on not game over.
Look at the mess RP created with Valereum before almost getting away with it. Thankfully, the right individuals did the right thing and credit to their swift actions. My advice take it or leave it. Anything with RP involved, avoid by a country mile. You may find he quickly jumps from a sinking ship when he gets found out!
P&D already happened to get placing way at premium to low..guess they need to sincerely thank the pump brigade..!
Richard Poulden, Wishbone Gold's Chairman, commented, "We are now in a position to press forward. We have a successful heritage survey completed, that has opened up the tenement to a gravity survey, and also dramatically increased approved drill pads over the project area. This enables us to target current and potential gravity anomalies over an area of 4km by 4km. This gravity survey will run in parallel to the current drilling programme. In the meantime, drilling continues on site at Red Setter, with mineralised diamond drill core being cut and dispatched to assay labs in Perth for gold/copper analysis and I look forward to reporting solid progress on numerous fronts."
Losing to much to dump at present, need to stick but don’t ask me why.
25% fall. Are we ready for the next pump and dump?
tend to agree poulden is also somehow chairman of VLRM which is a complete smokescreen pump and dump kjeeping him in luxury base din dubai flying round the world pretending
Wishbone is probably worth 1.5p but trades at 10p. I have a few only. Now that it has a gold play in Western Australia something could happen in a few years time .... it will take that long just to get a spade in the ground ... meanwhile is it a convenient means for the elderly directors to travel to a warm winter climate and get us shareholders to pay for their trips? Also there is constant dilution with shares being gifted to just about everyone including shareholders. The directors knew about was to happen in Western Australia when they bought large number of shares at only 1.3p. What do you think shares are really worth?
Wishbone Gold Plc
("Wishbone" or the "Company")
Wishbone Gold Plc / Index: AIM: WSBN / Sector: Natural Resources / AQSE: WSBN
Acquisition of option on Significant Havieron / Telfer Region Tenement Package
Wishbone Gold Plc (AIM: WSBN), the London listed precious metals trading and exploration company, announces that it has signed an exclusive 45 day option to acquire 100% ownership of 67 square kilometres of granted mineral exploration tenements in the Patersons Range region of Western Australia (the "Patersons Range Project").
http://www.rns-pdf.londonstockexchange.com/rns/0724B_1-2020-10-5.pdf
Figure 1: Paterson Range Project Location Plan
Figure 2: Paterson Range Project Regional Location Map
The Patersons Range Project has three approved exploration licenses: 45/5297, 45/5408, and 45/5409.
-- EL 45/5297 is a large is 57.4 km(2) tenement and is located only 13 km south-west of the Telfer Gold Mine, which is operated by Newcrest Mining (see attached map).
-- EL's 45/5408 and 45/5409 (6.376 km(2) and 3.188 km(2) respectively) are located about 15 km south-east of Telfer and only about 25 km south-west of the new Havieron gold discovery operated by Greatland Gold Plc and Newcrest Mining.
Transaction details:
Wishbone has signed an exclusive 45 day option to acquire the Patersons Range Project and has agreed to pay the vendors an option payment GBP50,000. Wishbone has already commenced due diligence on the projects and will complete this during the 45-day option period. Assuming that Wishbone proceeds to acquire the projects, Wishbone will issue the vendors (being Peter Romeo Gianni, Geonomics Australia Pty Ltd and David Anthony Lenigas) an additional GBP183,333 in cash, issue 11,111,111 new ordinary shares (Acquisition Shares) at a deemed issue price of 3.3p equating to GBP366,667 in aggregate and 5,555,555 warrants (Acquisition Warrants) to subscribe for one new ordinary share in the capital of the Company. The Acquisition Warrants will be exercisable for a period of 24 months from admission of the Acquisition Shares at the price of 3.3 pence per ordinary share.
The cash element of this proposed acquisition can be funded from the recent exercise of options following Wishbone's placing in August.
Richard Poulden, Wishbone Gold's Chairman, commented,
"The Paterson Ranges host some of the most exciting gold and copper mines and discoveries in the Western Australian Pilbara region made in recent years. The best acreage is tightly held and thus to secure a deal on these assets is a very significant development for Wishbone. As previously advised, Wishbone already has advanced exploration assets in Australia and therefore has the necessary geological consultants in place to progress all exploration programmes. I look forward to updating the market over the coming weeks on the progress of this very significant transaction for the Company."
Further details on the prospectivity of these tenements and Wish
https://gracemontgazette.com/2019/08/05/wishbone-gold-plc-wsbn-l-claw-higher-13-96-for-the-week/
Not sure but it moved.
Little number this but no MC yet ?
Hi bud, looks worth a punt...