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Oh well done Bambi and VX. You have done ever so well. Thanks for letting everyone know how how much smarter than us you are. Looking forward to your next update.
i bought a 5k of solg at 1.5p ..ive been in and out of that since summer of 13 and always done well released at 19p earlier i'm off out to get very drunk!! cheers!! :)
Hi All thought I'd look back in to see if proved wrong from my previous postings (March 16) here. There doesnt seem to be much change really, no earnings from all the gold lying just sub surface, only needed a spade. More placings to ensure expense accounts are liquid. Promises of more to come, (JORC & production), soon ish. Really glad to hear that work can be continued through the winter as was stated in later stages of previos Austrian holidays. Cant believe that the same statements & rinse & repeat is being used & believed by some. Same old same old & still no real plan or funds, apart from booking next trip home for the festivities & summer BBQ in Aus. Unfortunately kept a small amount in here when I eventually bailled most out in mid 20's, have recouped all losses from here now elsewhere. Sorry for all those still unable to let this go, will sell my remaining free float if this ever hits 18 again, otherwise will retain so I can remind myself of how bad it could be & comment with hindsight as is every holders right. DYOR & include previous delivery of the BOD. Hold only if you can afford to, do not pay just for BODs expenses. GLA B57
wait and see´ prospect. good prospects but delivery???????
or are you suggesting that DG will get binned off? presumably DG is going to cost something to acquire .... within the £1.1m (gross of fees)? or is another stash of confetti going to be issued to cover that? so again....less than £200k in the bank at 30/6.... 1.1m raised (gross of fees) for 'due diligence and development' of DG. how are kvemo bolnisi and sitel sopeli going to be advanced on £200k? and more importantly...how are Greg, Martyn and the rest of the gang going to feed their poor families? how will those business class tickets back to perth for christmas going to get paid for? huge placing inbound....and it doesn't look like anyone is buying the guff to get the share price up enough to avoid a titanic dilution.
That was to fund due diligence and "development" of David garedji so technically it's already spent. do you lot ever actually read the RNS?
I already asked this question to the company and was told they can work all year round in this location. No delays due to winter weather like some of the Austrian projects.
Having read my own post, I think I should be clearer. In short, I am expecting a clear plan and commitment to actually start getting some of this ore out of the ground, and I don't want I hear another excuse for not getting the diggers out!
Anyone got a view if we can mine over the winter months, or are we likely to get an RNS saying operations are suspended until spring shortly? Hoping these ex-Soviets are used to it?
Been accumulating here for over 6 months and met the BOD and Martyn Churchouse is the driving force Have no issues and patience will be well rewarded Block the noise and research and then research more http://www.goldcore.com/ie/gold-blog/gold-entering-a-long-term-bull-market/?utm_content=39432072&utm_medium=social&utm_source=twitter
Although I think that further fundraise will be required now prior to any production im a net buyer here at current levels. Its most likely a big ramp is coming on JORC and the raise will be off the back of this so I see an easy 50-100% profit by taking a position at current elvels. The strong links with Lundin of course could spring a nice surprise (T/O rumors I notice circulating) however im treating this as a very nice bonus if it ever comes to anything.
series of buys coming in. any weekend coverage or just usual clever money :-)
Indeed - i think Ludin will be looking for a huge asset now on the cheap (to get near term revenues) after their large impairment in H1) ... so we may get interest via Martyn's connections. Exciting times. got a couple of million and will hold for the pay day.
: )
Thanks vxr. Had a little chuckle to myself with that reply. May I be the 1st to wish you a happy yuletide!
christmas fast approaches. Flights to Oz to see the famalam. Possibly followed by a little new year skiing in the Austrian alps. would expect a placing in q4
Looking into buying in here. Had a good read thru RNS's, website etc, but how's the cash position going? Thanks in advance.
Nice and quiet on this BB..... give it a few months and every noricum "expert" will be here !!!! Very undervalued for potential and resources
His invests have all turned to dust by the look of it or put another way are all a POS.Says a lot for risk management abilities and expectations. Obviously not invested. Here there is not a lot to lose at 0.14p with a 2 pip spread. Any decent news will move the sp to .17/.20 region ~excellent news a lot further than .17/.20. Poor news then .09/.12p which considering the resources in my view will make a bargain entry price but then each to his own opinion. Just a waiting game.
Just when you think it's dead this company suddenly opens it's eyes ( and asks for more money!) Seriously, this may pick up real quick soon, news due, please DYOR.
I mean 18m+ Will need to be proved up first
If a buyout is on the cards, is that going to be a good thing? Bottom line is I was looking for a decent multi-bagger here, and if it's a buyout, the possibility exists that it could be acquired for less than that? Mind you, they wouldn't offer to buy until we know what's in the ground, and by then it could go into the stratosphere?