GreenRoc now on the EU radar after presentation on Amitsoq at the Greenland Business Mission. Watch the interview here.
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Seingred Yes AAZ is one of my favourites on my watch list. Humming bird is a producers too 55m mc and producing around 100k aiming to produce 200k they have had problems and financing again. so they producers and mc 55m makes you wonder how theese explorers valuations like when i told my mate to sell GGP at 1.5b and producing nothing he was up on 2 companies more than 1m they both had gone up more . We know what the share price is now. , I suggested to him a few times to sell he would not listen
Its best to take profit like you said but not always easy to do unless youre a trader which Ive never been or will be.
Lets see what Brad does but every week anther 50k down drain from company cashflow. it wont take long to burn through the cash and as I said next issue will be upon us in no time.
Vast resource have share issues every month they must have had at least 30 in last 36 months thats what I call shocking. We need a partner with deep pockets and cash payments to support Brads salary and board too.
You’ve a large holding you said it yourself, you’ve an over 20p average you’ve said it yourself, you’ve been here years you’ve said it yourself… What’s a month or two when you’ve held here years? Why invest in a mining exploration company, did you expect to make money overnight? You were absent through the worse times when it was in care and maintenance and turned up as resolve was happening. I doubt you even hold any to be honest. Yeh just checked your posts and you’ve an ‘over 20p average’ apparently.
You said the deal was never happening you are to be proved wrong, tsx approval should land soon.
Reading these posts make me realise that I am resolutely irresolute. The optimists (Sharetrader, Dr, Maisiemoo) may be right; but the pessimists may be right, too. John I have always respected; Bhargav, much less so, because of the malice. Yet there is an argument to be made in favour of malice, which I won't bore you with at the present time.
Dr week your be saying im 200k down I really don’t know where u make these numbers up from likely listening to your mate ispy with no idea. Comment on the facts and your do well as oppose to guessing at things and making yourself look silly when the time frame comes and goes. Wasn’t all this meant to be done by July or was it aug, or September and didn’t u say if Brad hadn’t bought any shares then you would be asking questions.
Johnstoneo this is AIM, most company’s never have any revenue, are lifestyle company’s etc. it doesn’t matter what they do, people are still able to trade and make a profit. I’ve profited from dead cat bounces many off times. It’s called trading. Something you know nothing about.
Johnstoneo, you have a self proclaimed large holding here with a 20p average, so you must be down £100k? I’d be ill advised to take advise from you.
From these levels up to 5p I guarantee people will see a bag fairly soon and also that the directors will buy. It’s coming. Though you seeing your money back or a profit come be well far away.
Apta Jorc, Pepas drilling and start moving to resource all will be rosey. Financing will come.
Or Bandit1, they’ll start throwing some money in now it’s their own company.
No one will be whining or whingeing as they can’t miss something that’s never going to happen and in the mean time actually make money in other shares where the future looks bright and ceos actually care and have skin the game thus giving them something to lose. More raises and more chances for Brad to not buy will come.
Bandit I'll answer your painful long winded note.
You are of course way off the mark. When this flies if you haven't loaded up at these prices then it will be no good whingeing after the event. Fortune favours the Brave and this is the time to be brave. There are still some posters here who have total faith this will cone good and let's hope they will soon be rewarded. Those who are on the fence might miss an opportunity here but it's their loss but don't come whinging when it's too late.
Sharetrader - your post at 0722 must be one of the most desperate posts I have read on any chat room for some considerable time and there is a lot of trash to wade through. You attempt to justify why it is OK that our not so dynamic duo have so little real money invested here despite the so called amazing prospects and now that they have 100% back again you never know perhaps they may even buy another £50’s worth. You have posted another 13 times today which smacks of panic in my eyes. I would question why you invest at all if you struggle to understand the significance of their lack of conviction towards a company that has paid them handsomely for a number of years now for achieving so little.
The reason it is important is this - serious backers will avoid putting their real money in here as the top 2 will not put their hand in their pocket - why should they? These TP backed Placings will not work for ever. So, we will either see death by a hundred placings with warrants galore at an ever reducing level or if shareholders are very lucky they will secure a JV partner who will pony up some dollars due to the promising drill results which brought me here in the first place. Even if this does happen they will strike a very hard bargain as our negotiating position is weak so the upside here in my eyes is extremely limited and the rarified levels seen here previously are unlikely to see the light of day.
I sense that you are starting to find out as others have, what it is like to have to rely upon Castro aka The Invisible Man and Brad the Geo to deliver shareholder value. Looks grim so I just pop in for a couple of minutes each day for a bit of light relief.
I tried to catch the train ......but the huge crowd in front of me doesn't let me in....I might have to wait a bit longer to get my spot in the 3rd class boogie....
Overwhelming response to tweets....!
Can't wait for the next spin...
Come on BoD....please feed the secondary citizens!!
S t. Perhaps when those things instead of being close, near etc when some or all happen then yes maybe grizzling has no validity. Lot of ifs and buts still tho!
Jac, crypto bull getting close. Mstr , clsk Mara and terra for me. Obvs dyor. Israel May give a buying op soon unfortunately.
Strong buy button fat fingers - I think nothing of the sort!
They predicted dilution before drilling - it happened.
They said bod have no skin in game - they don’t.
They said high 1’s likely because 1.7-8 is about 1 bag to the warrant level and it’s uninvestable and only for betting on.
We will see about that…..
They grizzled about the raise now we have one. They grizzled about the lack of directors dealing and it looks like Brad will soon invest. They grizzled about the SP and it's about to go on a run. They grizzled about the lack of news and we are about to enter a news rich period. They grizzled about the lack of activity yet Pepas is ready to be drilled within an inch of its life. They will soon run out of things to grizzle at and it's coming soon.
Seingred the SP has dropped since saying you should lump in but all this will pale into insignificance once this starts to move. With the regular news flow to come the retraces here should not be that dramatic so it should be able to sustain a no e run. I think once the rise starts it may catch a good few out especially from these levels but good luck to all even those with extremely high averages.
St, I am correct in thinking the last £500 k raise was for drilling am I not? Let me remind you you advised me to sell my crypto so as not to miss out just before the recent placing took the sp down to present levels. Think I will stick with my own judgement. Good luck tho and hope you are right.
The train must have have gone into reverse and gone back past the station it started at hence why no one can get on. That’s a more realistic look at omi. When will this old steam train retire. ?
We have been so starved of decent news for so long it's no wonder the SP is where it is. Once the news starts to flow then we shall at last see some decent movement which is due very soon. All those investors presently holding back due to the superstition of lack of directors buys will be missing a long overdue opportunity once this moves. Don't say that I didn't warn you.
From Twitter
A small raising at a smaller than usual discount in extremely difficult markets to fund our drilling. Why the markets are so difficult at a time of record gold prices is a concern, but something we have to deal with. Can now pull the trigger on a few things - first cab off the rank being a study to see if and how fast we can move APTA to a resource.
From twitter
Share placing raising £835,000. The funds will be used to progress our Anzá Project, in particular a drilling program at Pepas & external consultants to examine potential of calculating a Mineral Resource Estimate at APTA. Our work programs are ready to go & we anticipate accelerated news flow going forward
Unlike our partners, Brad will be drilling in the right direction and then 💥 boom.
'A small capital raising of about US$1m just completed in extremely difficult markets. Allows us to finally get back to Pepas in Colombia and find out what is happening between the high grade samples in the artisinal tunnels and the nice results in previous drilling.
The answer is yet to be determined, but it's a nice question to have to ask.'
The above is taken from Orosurs Linkedin, from yesterday.
Pepas has had sampling upto 90g/t. 8m @ 50g/t
The artisian tunnels at Pepas, 20m deep into the hillside. These showed 10g-80g/t.
I expect some fireworks from Pepas to be honest. The fact it is from surface aswell.
Seingred the whole scenario rests on more than 2 things. A successful Pepas drill campaign for one. Also remember that Brad is still relatively gagged whilst this approval is going through and don't underestimate the value of Brad being able to put out regular news updates without restrictions
Rob. We on tha same page. This whole scenario rests on a major re rate asap or a partner. Two ifs. Agree if they get a decent jorc out that should give a decent lift and tbh I will sell it! If there are further delays in deal, mining this jorc then everything looks poor. Hoping deal completes soon but taking nothing for granted.
Nice run in aaz recently, any one else aboard. Good gold and copper producer currently £112m m cap just for some reality on values.
BW- "Death to dilution" the slow death process already started with first placement.....sinking sand pit will continue....94 million (shares/ so called warrant) will keep 80% "prisoners of circumstances" in cage from r loooooong...to release an elephant for next pay packet.
SP won't sustain any spikes....just like a day rise and daily drips.
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