RE: Just bought in again16 Dec 2020 13:15
The potential is definitely here. And if we move away from bickering and focus on the facts:
• Drilling started 15 Nov, Brad stated first results in January, only 1 month away, and not that many trading days given Xmas and NY.
• BoD have been buying, granted relatively small amounts but people were asking for it and they've bought some.
• Yes there was a placing, but now we actually are fully funded for the near term, we have cash and warrants in place exercisable at a higher sp to today, which will generate additional cash.
• BoD have options at a higher sp to todays. Which tells me 3 things, one they expect the sp to go higher, two we'll have more cash once they're exercised. And three, Brad and the BoD surely would have had an idea of the Options that were going to be granted, yet they still bought shares on the open market only a week or so before. Why do that? He has options for ten times the number of shares that he bought, he didnt really need to buy any!
• Camp prep work is ongoing or must now be near completion
• APTA isn't even the best target but produced drill results of 14g/t over 40 odd metres, what does that tell you about the others.
• We still have 2 JVs who are funding $4m pa for drilling, not just any JVs but 2 of the top ten in the world. And those JVs will take over drilling if we get decent results back, which will speed up future results.
• in Colombia, not historically a safe haven but with a supportive government, the bloody President opened Buritica ffs
• Gold price is increasing, if we see further quantitive easing from the Fed gold could go on another bull run, hopefully to $2000+
Probably missed stuff so feel free to add
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