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No, I appreciate your comments. My average is 0.89p and I've been holding for over six years. Any upside I'm pleased with, but of course, I have experience of this share and unfortunately of witnessing what the BOD in its various forms hasn't done. Unfortunately, other than Birdy, it's the same faces running the show. Anyone who has been here even a few months is currently sat on a loss, to a varying degree. Good luck to you if it pays off by getting in now though. I'm not sure what you base the value you've mentioned on, as results on Mutsk have been average overall, with the area still undefined, but fair play if you are correct. I have to admit that Silverton is less familiar to me. Best regards.
S4K - that's a bit like finally getting recognition on the front pages of the national press, but only because you'd been run over by a bus! Call me a cynic if you wish! We all live in hopes of better times here.
I see you have posted a lot so you will no doubt try to dismiss my comments. Your probably sat on a big loss so understand your pessimistic. This is undervalued currently, 1.6mil. There is upside potential. I've taken a few chunks nothing massive but a good position. Things will pick up here, the assets are real and the bod yeah has sat on its hands for a while but these things take time. A fairer market value would be closer to 3mil no doubt. Getting in now or sub 0.02 represents a great opportunity v risk
Yikes. Where's the news to support this rise then? More manipulation? It can't be because of that last RNS.
Jibber, Their house broker, Beaufort, has issued a speculative buy note this morning..............perhaps nothing to do with the 0.0249'ers??, who knows with this lot. DD
A 25% rise over a cheap and cheerful prospective drilling programme. No something else in the mix here. Whatever it's is might finally answer the why buy at 0.0249 when shares worth 0.015 were available.
Only another 400% rise and I'll get my money back, happy christmas
Never though of my three years holding here that we would ever be close to the top of the risers. so atleast one milestone achieved
too right. its been slow and no proper news coming forward. feel people will just get locked in like majority did.
They were legally bound to release the approval for drilling.
Howl. I've a wardrobe full of Pampers. I intend to wear a pair of an evening when I nip down the pub. Just in case I begin thinking of this investment and ultimately decide to drink myself into a stupor. When the Police find me out of my noggin on the beach, at least my pants will be salvageable. Much larger than they were before I set out for the evening, but salvageable. Lol.
Agree with that. The year before Birdy arrived it seemed Ed allowed there to be no activity whatsoever on Mutsk. It felt like ORE was in effect closed for a year! We have had very little work completed on Mutsk overall really. In fact, it has been terrible progress since I've been here, no clear-cut work plan for Mutsk, though the approach taken with Deli at least appeared more intensive and showed promise at one point. But alas, too complex. For this bunch anyway. Any drilling on Mutsk has been haphazard, instead of it being done every season other than winter. Cripes!
I would rather they spend every last penny actually drilling than paying for management and administration fees. Seriously take a look at the whole spend vs activities for the last three years. It's disgraceful.
I can think of many things that birdy could be ' thinking about ' firming up.....none of them to do with Mutsk or drilling though I reckon!! One s h I t kicking after another here year in & year out.... I get muscle twitches in the most private of places when I think how much I'm down here....do they do a tenor men .... or is that just a man nappy......already got a drawer full of them for my infantalism ...LOL
We can't afford to do too many drills with our present cash balance. Doesn't bode well really, as still no sign of a JV, who may have obviously shared part of the cost. I wonder if Birdy is still thinking about firming up his thoughts about Mutsk. Lol. Roll on Christmas.
Pmsl.
Thanks. Just buffing up my new cheeks, ready for another ORE Friday.
RC Drilling eh..... the wam bam thank you mam of drilling.... quick down & dirty.... I wouldn't be surprised if we don't get some early assay indications late Nov early Dec if they start drilling within the next week. That said if they find something there'll be more money required for further drilling including Diamond drills I dare say.... if there isn't anything in my opinion we're proper fooked & probably finally done for (if not already) anyway.
Whoever advises or approves the RNS" needs to get a legal and marketing education. Perhaps they should release RNS statement with the following progress steps: 1) we are thinking about thinking, 2) we have had a thought, 3) we want to confirm our thoughts, 4) we have made a decision to do something sometime, 5) we are about to do something, 6) we think we have done something, 7) we can confirm we have done something, 8) we need to understand what we have done. All commas "," may be replaced with either "we have cash" or " we need cash and must diluent.
Sorry to hear about your buttocks, Eric. That's what happens when you buy shares from a buttock-shop!
A large volume of trades after that RNS. Not sure if all sells, but can't see why that news would entice too many in. It is quite general news, no exact timescales apart from the 3-4 weeks drilling, but we don't know beginning from when. A follow-up RNS informing us that drilling has actually started would be of help. Best wishes to all who continue to hold and whose buttocks are shiny and buffed, having had their trousers repeatedly pulled up and down by this BOD. I've been here that long, the remains of my buttocks are now preserved in formaldehyde in a glass cabinet. I now have false buttocks in place, in order that I may continue to weather this storm of utter ineptitude until Christmas. Best regards.
To take 3-4 weeks. How long after that for the analysis? Should we expect more news by the end of November, or early December?
Birdy must have heard you. Lol. Today's RNS: "Drilling is expected to commence very shortly...." Don't they know when? For example, why not say within the next two weeks? Also, "is expected to commence" isn't as definitive as "will commence". Bunch of pri.cks.
Signs of movement at last.
drilling to commence..