The latest Investing Matters Podcast episode featuring financial educator and author Jared Dillian has been released. Listen here.
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Exactly Paris, slice as we go up. In all honesty tho, if you get out at a profit then that's great in these markets
Agree Lyddon, but why would you sell now, top slice, 10 % etc etc, I get that but why sell now unless you absolutely had too
The share price momentum shows no signs of stopping, a few sellers about today which is understandable after the recent percentage share rise but there are still are buyers prepared to hoover up this stock and not let the short MM’s cover their positions. Monday should be interesting?
Seems most miners are well up today, so probably that plus the RNS JORC expectation is helping push us up. Even giants like Rio are up about 8% which is unusual.
Crazy how small buys are ticking us up. Wait to the volume hits...
Honey the Jam's arriving soon, have we any cream in the fridge to put on our scone.
6.4p now. Its crazy how little stock there is. Imagine if we get JORC news next week it could run to 10p at this rate ha
Someone just paid 6p for 50,000.
They want 6.5p for anything. Crazy lack of shares about
6p paid now...
5.93 just paid
Can't buy a penny. Market massively bid here. Something is up. Mega strong
5.6 offered as a sale price just now
looks like FOMO is at it again with the JORC announcement due anytime now
Doubling is probably a longshot but definitely have a big uplift once it hits. What's more interesting is the potential new asset(s). Like rose mentioned, we could be truly looking at blue sky explo potential and, if it's in the Carolinas, it could synergize well with JKL as well as the others.
Looking at these trades, maybe the JORC RNS is imminently inbound? 5.425 just paid... 485k volume before 1pm
Surely this should be double if we confirm up nearly 200k/oz in the JORC due any day?
Haha, dream on, but we may get there eventually!! But seriously, seeing the JKL reserve numbers steadily rise over the next 1.5 years is real, not to mention Jennings Pioneer and the other prospects and close-by anomalies. This is just the beginning. Don't forget CEO says they are taking a serious interests in other prospects in Americas and Overseas that they are being shown. Anyway, price seems to be steaming away nicely without too much effort.
RNS incoming....... 1 million oz please
HAHAHA
Love and Peace
If JKL can give us 185k oz of proved up reserves with potential for more and we still have Jennings and to a lesser extent Carolina Belle in our pockets then surely we must be coming on to the radar of bigger outfits operating in close proximity to us?
OK. Thanks Specs and Paris for your responses.
Will see what the next update announces.
Well put Specs.
Is it time for this long overdue Golden egg to lay.
Hope so.
GOOD LUCK ALL
ALWAYS BELIEVE
YNWA
Reckon you maybe disappointed this around with Jennings. The announcement of 17th Oct said they want to do trenching etc and I am sure that given the announcement of the JORC could come at any time, they will not have had a chance to do any trenching etc. at the JP site. However, the JORC announcement is the important one. Given that we are 1. Close to tons of already in place infrastructure in a first world jurisdiction, 2. Have an Ore Body that is close to the surface, 3. Open along strike and at depth at both Loflin and JK, 4. And, if the announcement comes out at 100K/oz we'll have 183k oz in the bank.
With a bit of rooting around on the internet and given the above, its fair to say that if we get to a reserve of 200-250k oz and use heap leaching, which is cheap and legal, we would have a commercial open pit mining operation. Given all the undrilled anomalies close by (new ones) and the possible extensions to the existing reserve, we are pretty close to having a viable business to sell on or to develop.
I am hoping we get an update on Jennings Pioneer in the next release as the grades here seem exceptional based on surface samples (as per data on website).
Yes, a couple of decent sized trades. I'm feeling a JORC moment in my bones, bring it on. Its held up so well since its recent move, should not take much more than a nudge to get us moving again...