Member Info for AG1989

There's a grand difference between talking it down and applying a balnced view and approach to the situation. People think this has a god given right to be 4p/6p/10p

But it hasn't, facts are facts and no amount of ramping will send this to where you think is "fair value". Read that chapter last year. We all agreed it's a step in the right direction and what focus should be turned to next (Positive drill assays from HR3) but I'm guessing that's where the selective reading kicks in. When you can only see rainbows and roses from every situation, your in for a shock when the storm arrives.

Me, TS and happy have been here long enough and have contributed a lot to this board. I'l be invested for a long time from now and if you don't like this measured approach and not getting carried away, you shouldn't be on these boards. They're for all types of investors and we're allowed an opinion. It's retraced 50% in 6 months for a reason. Do i believe we can get back to those levels? 100% and the company are doing everything in their power to make this happen, but assays will do the talking ehre

Couldn't have put it better. It's really not an overnight success. and you don't need 100 g/t
88g/t
27 g/t

etc to make it a viable project. But you do need progress. And it will be slow but the work we do in 2021, will compliment the work we do in 2022 and so on and hopefully it will all come together.

Plenty of money in the bank and a fundraising is going to be inevitable in 2-3 years time. And that's fine. But investors will be looking back at how this £5.6m was used to return shareholder value. And hopefully at that point we'll be operating 10-20p and will be able to raise funds at a more favorable rate with limited dilution.

I've got a soft spot for ECR and it really has got tremendous potential, I'd just like to see these assays start to prove that potential up

Blue moon for me too TS

But yeah 100%. Keep the focus on HR3 and by the time we return to blue moon, we may have a resource just as prospective, if not bigger than blue moon. Keep the momentum going.

Yeah happy. Totally agree. Still keeping myself grounded after this last year investing in ECR. But like you say, you’d rather be finding soil samples of 3G/t than nothing at all.
Very small steps to prove HR3 may be a lot valuable to our overall goal than what we first thought.

But a long way to go. And I can’t see this moving now without positive drill assays. Unless out of nowhere they throw out a JV RNS. But I’ve heard about 12 interviews this last year about “potential”, “JV discussions”, “fosterville” etc etc etc

Time to walk the walk and let’s see what kind of resource lies at HR3 within 200m of surface. Core analysis of holes 5-8 sound promising and with CB applying for additional plans to re drill HR3, let’s get it done. Build the picture up here as best we can, even if that’s returning for another 8–10 holes, return to blue moon and watch it slowly come together. Add a Creswick cherry to the cake too and we’re getting somewhere.

Just need to chase it down to the source. I’ve seen it countless times. Soil/trench/rock chip sampling at surface >100g/t. Now time to get some vertical measurement attached.

But agreed, HR3 looks far more prospective than I originally thought. Long way to go until we prove up a “compliant resource” but a foot in the right direction.

I was buying at 1p and to be honest, after the first hole, my expectations were pretty grounded. Yesterday IMO, and today’s price, is a brilliant opportunity. 20 holes worth on the way and drilling well underway at Senala. Very happy with my investment here.

Another top up in the 14s for me

Poor communication. How many holes are we waiting on, 7? That was just from the last RNS and doesn’t include any exploration or activity being carried out since. With 5 drills, I can see quite a few more being completed by now.

This is now my second largest holding behind Antipa minerals. Il follow this all the way down :D

Drilling at Senala has resumed with IAMGOLD. very excited for these results to come too. Plenty to play for here.

Hole 9 looks particularly pleasing. That section of 12m@0.7g/t around 30-40m. Then further on you have 1m@5g/t and 1m@6g/t, all within 100m of surface. Il take that and would certainly follow up in that area.

People expect far too much far too early. This is a brilliant start for the company at Bibemi with lots more positive assays inbound.

It’s the maiden campaign, to hit Gold in numerous holes is a credit to the company and what’s going on in bibemi. Many junior explorers are not this successful, this early on.

With visible Gold in numerous holes still to be reported, this looks vastly oversold for me and shows there is potential for a healthy Gold system at Bibemi.

Only question is, will there be a fund raising on the way after this campaign has been completed.

15p has fallen. Be interesting to see how low this could potentially drop to?

I’ve done enough buying but another 20% down from here il probably take some more.

It’s an enormous BUY. extremely surprised by the low day to day volume but I’m optimistic that’ll pick up very soon with more assays and a resource upgrade.

I’ve leveraged myself pretty high with Antipa these days holding them in my sip and ISA

I have Greatland in my sipp, these results just strengthen the inevitability of a world class Tier 1 deposit which really doesn’t want to stop churning out high grades and wide intercepts.

You hear it 1000 times on these boards but il be topping up in the morning. Class is irreplaceable.

Companies touting to be the next GGP. but how can you benchmark yourselves against a company that’s growth looks never ending?

How does the market interrelate a bottomless deposit of Gold?

If it’s negatively, il mop up as many as I can get my hands on.

TMT - very true.

Was expecting more holes but extremely pleased with the results

65,000m is one hell of a campaign. But we’re not sticking in 100m drill holes into shallow mineralisation. These are testing beyond 1,300m, and striking world class intercepts.

Do not overlook the importance of these results.

85@11g/t from 1345m is outstanding.

The visible Gold comment. There have been a few comments about CB and the XRF results. He stated he hopes to achieve the historic 15g/t grades at Byron reef, we got 21g/t. It was a small width but he wasn't lying

Only been in around 12 months TS but i 100% completely agree with what your saying. I've witnessed it first hand now. Over promising and under delivering.

I wouldn't say the company have turned a corner, but they're doing everything i believe they should be doing to get the results, and it's those results and licensing agreements (if positive), will get this moving again

*** I appreciate the updates from the company by the way and long may they continue, the work is progressing at a favourable rate, but let's stay grounded until they start delivering what they need to

Yeah I’m intrigued by the comments he made on Hole 1 with Creswick and what the geologists picked up on.

Plenty going on and giving themselves every chance but personally, i really don’t want this flying up for no reason. It’s rises for me need to have substance, some material value which highlights the SP rise is valid and the it can be supported.

Let’s get those resources built up and let it put us in a much stronger position moving forward. Who knows, the new licenses could land any week now :)

Newcrest/Newmont did the same in South Paterson. Drilled at the Grace and Hasties projects years ago, then sold up. Recently acquired ground by Paterson Resources and Rincon Resources respectively with some very good intercepts from surface. Both being drilled now and wouldn't put it past Newcrest and/or Newmont entering JV's there in the future