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Open your eyes to the macro environment and their SP speaks volume. These breadcrumbs is laughable. They even stopped people commenting on their Twitter posts because they know all their investors want blood. Good luck.

Who else is seeing further share dilution after the bottom fell off 2 years ago? It's been one of the most painful investments to see consistant underperformance, no share price recovery, and the management team only knows how to draw credits. Other oil exploration companies at least knows how to preserve cash and leverage contracts to protect the business.

Where are you guys seeing the traded volume and price for positions? Is it on Interactive Investors or?

What's the cash position of GLR and has the CEO taken steps to firm up the valuation of the asset to improve the liquidity of the company? Most of us have been following the GLR story since the beginning of last year and we still have hope... of a buy out.

The price of Zinc will bottom out before any movement on this project

The price of Zinc will bottom out before any movement on this project

What's the latest update on the current projects? The SP has taken a deep dive since 2016.

Potential to recover to 140. A great opportunity to take a position at this company. What does other investors see in terms of risk & potential earnings in the near future?

What does it mean to you when a gold mining & exploration company to stops mining, and is facing a fine that's 17 times it's net worth?

There is no income from the mine closures, so the lost of revenue will be reflected in the next fall. It will be brutal for holders.

Hold on tight. As stated previously, the Sept shut down was coming and will impact on the SP. The big sell off has just began, expect sharp corrections very soon!

Another week before the Sept deadline when ACA looks to close down their mining operations in Tanzania. Once the mines close, riots and more bad news to follow. The Barrick negotiation team is obviously finding it almost impossible to untangle this dispute with a dictator who wants more then his pound of flesh.

Thank you for your opinion on my analysis. Your argument on how much the Tanzania government will lose from taxation is weak at best, because since the export ban is in place, they have accepted the lose of income stream from all gold miners in the country, and Tanzania is still open for business. There will be other interested parties to invest in Tanzania with the appetite for calculated risk when this blow over. Your second point on the arbitration is worthy to note, however it is a legal process that is not enforceable on the Tanzania government. The SP will come down like a sand castle in the coming weeks if there appears to be a time lag in the negotiation, or even a sign that things are turning sour. If and when Barrick fails the negotiation, the arbitration will be a lost course. I welcome others to share their analysis, positive, negative or even just an opinion. For me, this is a suicide trade atm. P.S you link is just a brief article reciting old news.

There are a number of scenarios that makes this company a suicide trade* 1) The President has appointed an academia to lead the negotiation, and he himself has a PHD in chemistry, because ACA has been feeding their government BS for x number of years. There is an expectation from the people of Tanzania to see justice to be delivered. 2) Barrick has already shown their hands as the weaker player by pledging to build a smelter plant should the two parties reach a settlement. Also, this may be perceived as an admission to guilt by the government. 3) The $190 USD billion fine, even 1/10 of the amount $19 billion is 23 times the market value of ACA (741 million) 4) Barrick Gold's first priority is to answer to their shareholders, NOT ACA shareholders. 5) ACA confirmed that the export ban is in place, and if no resolution is reached by end of Sept they have to shut down their mine. 6-7 weeks from now. I see the SP erode in the coming weeks by double digits. It is unlikely for the Tanzania government to reach a settlement that will satisfy the demand of Barrick Gold's shareholders. If, in the unlikely event of a resolution on the 11th hour, ACA's SP would have been decimated. Some people will say the share is cheap, but I would like to hear on what basis when the assets are RESTRICTED FROM SALE or even exported from the country, in the meantime, the company are bleeding in salaries & cost to maintain the site.

The situation in Tanzania is dire, the CEO jumping ship at the time of need, is a very very bad sign.

That's your personal plan. Come back when you have are ready to join the discussion mate.

Personal insults.

You ask the same question to all. How much have you invested? Just reply with digits will do

No need for personal insults. ACA is under investigation for mis-conduct to put it lightly (look up the 250 containers confiscated at the port), so where do you think the axe will fall when the negotiation is settled, between Barrick & the Tanzania Government. Or whatever it takes to keep President Mugafli happy, he is nicknamed the bull dozer and has a reputation for social justice for his people. He wants his pound of flesh from the ACA board. Keep it real.

The +40% drop on the Tanzania Stock Exchange coincides with the ACA RNS released today; regarding the arrest of a senior executive at the airport.