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In the interviews it feels like the CEO knows there's a lot more to come from the drills before MRE. This will go up and up as the resource size estimate is updated. Exciting!

As I said few days ago. Easiest investment decision of this year. A small issue of management not holding a decent amount of shares but that should be negated if he is able to get a decent deal for further funding. 95percent sure this is the next EEE.

Dilutions to get access to US investors. Sounds good to me. Look at the share price of almonty since they announced listing.

I am in gmet and pow. I'm just baffled the ceo decided to sell it. They had a nice position in it that would have benefited shareholders here. The risks were very minimal. Are you saying that crypto idea is more likely to give a higher return? You must be joking.

I'll be brutally honest here and I don't think people will like it.

Gmet looks like it's about to do a huge run up similar to EEE or PRE this year. Their market cap is only 100m but they hold land of the largest tungsten deposits in USA. 400m-500m valuation easy.

This CEO decides to sell them at 100m and fund some crypto venture that is highly likely to fail. Double fail imho. He is gambling not investing.

Does this set rockets off?

I disagree sharpey but I'm not going cross ramp on here. If they partner with a mag7 it will be rocket fuel to their share price.

Don't know about today, pretty sure it will be up for the week. Target price 60p don't forget. That's a minimum not including further drilling results....

You don't have to argue with me..let's see how the markets react

I'm not going to comment further on gmet as this is a pow board. We can all go over there to discuss gmet. I am just slightly disappointed in their lack of foresight over here. Doesn't fill me with confidence with the rest of the money they've got to deploy.

Gmet also announces us listing which should benefit their share price. The CEO here isn't Warren Buffett it seems lol

We can all tell he is trying to de-ramp to get back in, hoping people sell out because he sold off some of his position too early. We are not dumb. I don't for one second believe that he is looking out for us due to risk of dilutions LOL

Jester what proof do you have for such a claim. Has the management done destructive dilutions before?

The alpha for this year going forwards aare all going to be gold explorers. Gold producers have already tripled or quadrupled since 2024. You are going to get a nice yield but will not outperform ones that are MRE ready and ramping up into production phase.

I'm super excited to be here at this early stage but just keeping my eyes wide open on the risks...if that plan you mentioned is their intention all along then the next fund raise is going to be spectacular. Keeping everything crossed here.

I don't particularly like options either. But I guess that is the nature of junior miners. Rarely do you see anyone dipping into their own pockets for shares.

I like to think in incentives because no doubt there will be many willing offers here. Will they dangle a giant carrot in front of the ceo at the expense of retail? If the CEO held onto a decent chuck of shares e.g. 5percent then he will be looking out for his own interests too. In this case you are the mercy of his good will. Which by nature is less solid. Doesn't mean he will shaft us but you can't deny there is a risk here.

That is a question market that will hang here until he gets us a deal I guess. Not ideal but not exactly terminal to the business either

From his tweets and interviews sounds like the world is awash with cash looking for gold. The main issue now is getting a good deal for all, including us retail holders. Does he hold a significant percentage of the business? If he doesn't then that would bring some doubt as to whether he is incentivised to reward retail holders here.

If this mine was based in the US I would be so much more excited. The country is run by a band of fools ATM so I've very little confidence it will get the shine it deserves. I see the deputy pm has resigned today...what a mess.