Member Info for AG1989

Another one of my buys showing as a sell

It’s fine though. Good times are coming.

3 rigs at Selin testing pit depth, beyond 100m. Loadddd on up

Far too early to bE talking about resources.

If the 3,000m campaign was carried out in just 1 of the 4 prospects, the company and ourselves will get a more vivid understanding but it’s far too spread right now. Some nice grades but I agree, far more work to do.

It’s all about risk reward. Investors talk about resources and grades and wide intersections, but from what some of you want, you wouldn’t be buying in at a £10m market cap, it’ll be far higher. RISK REWARD. Low averages like today’s current price being far more risk and you have to factor that into your investment, and whether your comfortable with it moving forward.

My biggest investment ANTIPA, have sighed a $A60m JV with Newcrest mining. It’s in a brilliant location sandwiched inbetween Havieron and Telfer, but with a current resource of only 100,000 oz Gold.

Plenty to build upon and a great start, not enough to send this to new heights or get the market excited, but a solid platform to move forward with

Bring on the Senala results.

As far as the intersections go, it doesn’t matter.

Once the more broadly spaced, focused drilling in the “hot areas” begins in Q4, you’ll see your widths and long intersections.

This was structural drilling just confirming Gold

A poor appetiser ?

People really need to reign in their expectations. I’ve seen multiple maiden drill campaigns around the world hit absolutely 0

We hit multiple Gold targets over a strike length of 8km. You really don’t see this often and you’ll find far more work usually goes into projects before returning those results.

The veins are there and 27g/t is a phenomenal result. I can’t wait for the follow up work and if this is oversold again, I’m going very big.

I saw that. Told them to buy another MIDAS :)

Share Price just hit 2p

All depends on whether you think the news will be good or bad Kutzz

It's fallen more than 50% from recent high's and with such a small MCAP, this could really fly on news. Do it now ;)

With 3 holes showing visible Gold, I'd be absolutely astounded if we don't see intercepts grading higher than 6g/t

Nearly £19k. That's a very healthy buy

I think there's been a lot of frustration about, but it's a very long waiting game. Even more frustrating for those who were buying at 1.5p/1.7p/1.9p

From 15th December, the share price rose 350% in less than 2 months, based on what? No assays were released and ultimately that's what we're here for. Release the assays, build a resource and apply for a mine. That's where the gains are going to come, and stay!

I'm not surprised there was a retrace, but it's at this support you need to take a breath, re-evaluate the situation and go again. For a £10m Market cap, this is an absolute steal imo, especially for the work being carried out but as always, DYOR

I used the last couple of months as an opportunity to average down but I understand why investors get frustrated. Just trying to invest with my head at the minute and not the heart, leave all feelings out of it. I've not done it here and will be holding for a long time, but like JTB says, sometimes investors take a loss and reinvest elsewhere to make up the gains.

Do we believe this is on the cards?

I've seen JV's being signed with very little drilling on projects. We could have a very healthy strike length of 8km here, with stacked veins up to a depth of 100m. Apart from what's coming up with Antipa, these 20 holes I'm really excited about more than anything. Maybe get phase 2 drilling under their belts in Q4 and see what they're really dealing with.

I'd hope they could negotiate slightly better terms than Senala too. Very grateful we have IAMGOLD funding the project, but £8m for 70% of the project is a steal for them imo.

I think further fundraising will be inevitable, like the majority of all junior exploration companies, if we could get a free carry on Bibemi as well, it nicely frees the company up to focus on its license package in central Cameroon.

I feel like long term, this company will prove a lot of doubters wrong.

And i don't mean whether or not they "trust Craig Brown" because i couldn't care less. Bailleston aside, you'll soon see this perk up when a JV is signed, which is what the campaign at Creswick will eventually lead to. Whether that's 2 months down the line, or 12, it's coming and that will send ECR to new heights

All while they plow on with Bailleston. A strong hold here

When you consider the follow up work being planned at HR3, they clearly see some confidence in the first 8 holes there, which we await 4 holes worth of assays from

I've watched his latest 2 interviews and i think he's confident of releasing them by the end of Q2, but if it takes a week or two longer, so be it.

Nice little 25% rise this last week and I managed a few very healthy top ups. But the results will indefinitely provide the substance of whether such a rise can be supported or improved upon, or whether we see a sell off

TL talks very confidently about the Core in general and the up and coming results, as well as the "visible gold".

"every geological evidence to expect good results from the other 3 prospects"

Not a Chartist but I’m absolutely buzzzing for what’s to come here.

Proving up gold at depth across 8km, some decent grades. With visible Gold I’d be amazed if we don’t see a few hits higher than 6g/t. Unbelievably cheap right now

Yeah it's something i don't really get into. A lack of shares sometimes comes across as a lack of motivation which i never buy into.

Seeing the director purchases certainly is a boost for the shareholders to see and I'l always welcome it, but these are salaried employees as it is, and that should be the incentive they need, like all of us with our own jobs (Although i can't buy shares in my company ha)

According to the website, Craig Brown holds over 4 million shares but I'm not sure that's been updated since his last lot picked up last year i think it was. What a bonus it would be if the BOD all have a juicy top up before the RNS reports come out

I think with the recent licenses in Central Cameroon JTB, it's definitely a distinct possibility, and a mouth watering one to me.

If we prove Gold throughout a strike length of 8km, with good grades and veins hit within 100m of surface, you could get very favourable terms.

**I only mentioned the central Cameroon licenses because of something i picked up at with ECR. They were reluctant to JV both Bailleston & Creswick (Their only current licenses) because you run a risk of triggering article 15 on the AIM is it, and essentially become a cash shell?

Correct dv. Hole 2 at Creswick assays have been recieved from original assay, but need to be fire assayed i think if thats correct so these could land very soon

To be fair, Hole 1 RNS was 12:56PM and the RNS released about Visible Gold was at 2:24? i think. Not reading too much into it but it could land any time

I'm invested in numerous Gold companies across the AIM but I'm anticipating this RNS the most

High grade 4-5-6 g/t so far, visible Gold in 3 subsequent holes. 2 of them being in Lawa East 0014 & 020. 4 additional holes drilled in this area
12, 13,15,16

I think we’ve hit the bottom, especially with the news flow due. I wonder whether we’ll see an Intraday RNS regarding Bailleston.

Or a “GEO Adam Jones has just purchased 2,000,000 shares” ;)

Exactly, and like you say, the market will catch up.

These results will just compliment one another (hopefully). Once you can demonstrate the consistancy on a regular basis, you begin to build up a resource, in 18 months your looking at Pit optimization and mining permits, and the volume will go Parabolic. It's building up that story now and making sure it's nothing but progress along the way, no matter how big or small

I remember seeing 2 holes at Orosur mining recently, both "NSI" (No significant intersection). They were sandwiched in-between high grade assays. A little underwhelming but someone politely explained on that board, even though they returned no mineralisatio, they clearly demonstrated the paramters of the deposit and where it ended. This then helps the company follow up and concentrate on infill drilling, rather than extension drilling

Point being, every set of assays, in some way, should paint a picture for us and develop the story, we just need to hit the Gold on a regular basis to take the story to the next stage

Very positive for me at this price, but I'm not surprised a number of investors have certain reservations when it comes to ECR

Yeah i agree with that LW. the comments surrounding "2 mines - bailleston & Creswick", "subsequent holes at Creswick look like the DMS", Top 10 mining company JV comments

Then the following week release negative news

Has he got himself a little excited again? Possibly, I don't know the results but its clear the SP isn't going anywhere until the results pour in. He mentioned the XRF on numerous occasions which picks up mineralization in excess of 3g/t is it?

With good results, I'm expecting the market to react well, but if it doesn't initially, that's fine. All I'm focused on from these Creswick holes, DELIVER DELIVER DELIVER. Anything in the realm of 9g/t or even closer to that 80g/t back in 2019, strengthens our arm and demonstrates further to the JV, the prospectively involved.

I hope it's not all hot air and empty promises again. Difference this time, your not chasing the SP up to 3p/4p. It's stayed where it is and definitely gave me and a number of others a chance to top up

Nothing is a certain, but with ongoing drilling at 2 100% owned projects, I can't see this dropping much below the current market cap