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Yes big bad bear
Having said all that it would have been awesome to hit the motherload straight off. That news came today on the Avacta COVID lateral flow test clinical trials... could be the pharma motherload instead. Would have been nice to have x2 belter RNS
Yes, ample to be excited about.. it really is just the start.
What’s crazy atm, is that for the most part we’re reading news, watching interviews, tracking metals etc.... and in the red..
And kids are throwing £500 at safemoon and now have £50k accounts ffs. It really is a joke, laugh or you’ll cry lol
Wise words Pippi, for a while I hoped the first few drills would hit the motherload and it appeared possible but thumping reality today.
However, I'm feeling more positive this evening... I have re-read the RNS a few times and as someone mentioned, objectively the RNS isn't that bad, the problem is the weight of expectation that had mounted due to CB interviews.
Positives to stay optimistic as follows IMO.
- They are beginning to understand the geology within the HR3 area.
- There are high grade intercepts, these will likely not be isolated and must originate from somewhere.
- A possible anticline structure is becoming apparent (potentially) over the HR3 north to sough east.
- The gold mined at surface may be offshoots from Loades associated with the anticlines (my amateur interpretation).
- Fosterville mine is associated with folded anti-cline structures.
- We are on the right path and need time to figure out HR3. Another 10-20 holes and we will know either way.
- We have Blue Moon as a 'banker' to move onto. Long quality grades with simple geology that can be followed as it dips to the west.
- Further targets within Bailieston, Black Cat, yellow moon etc.
- 'Fully Funded' (Caveat with that one).
- Creswick another story altogether and potentially a JV partner.
- Tambo, something else to go at when the times right.
My strategy remains the same. Hold until we know what Bailieston contains and we have a JV for Creswick.
Yes but knowing the results as they are now do you think the cash raise was a good idea or not? How would the information have helped you to have it earlier except it’s reassuring you on ur investment. Is it more or less reassuring to have released the results earlier and then any raise would be likely lower price. Time is what the CEO wants here to do this in the best way his experience tells him. All points to buying time to have space enough to go and do that. Patience is what we need and a bit of trust in the experience of the individuals. That’s why today was a relief because the realism of time required in now apparent to all.
Pipil
I disagree. Communication is key in any aspect of Business well in life in general and CB has pullover to be extremely poor over last few months and its the shareholders that now suffer for this. All we as shareholders csn do is ho off the Communication that we get..silence was shouting from CB and the sp now illustrates this too. I am even more mad at myself for not listening to the silence..
Have to say I’m feeling some relief after today. Drill results are finally shared & given the ok but not blockbuster results good to know we have cash raised to keep plugging holes and firming up the opportunity. Craig has bought time to get properly busy with that drill and block out all the noise of anxious shareholders who piled in at 4p hoping to get jackpot news and pile out again at 10p 3 months later. We all still have the same opportunity ahead of us just without the instant gratification to worry about now. This path is less stress and what difference does it make if CB didn’t heavily communicate during the last few months? The only difference is those who bought in late would have jumped out.... now I guess they more likely along for the long haul. In my view selling the potential which is what CB has done is not a promise of instant glory.