Member Info for AG1989

Trying to do a little bit of research about toll milling. MS eager for the company to book a couple of slots, be interesting to see how long this kind of process takes from start to finish. Could be one of the few junior exploration companies with Physical Gold in their portfolio. Many are years away from any kind of production.

Accessible gold, limited strip ratio and shallow depths, this is a little Gem ready to grow. How low can this market cap go is anybodies guess

Not being funny but if I was the CEO of the company and had 4 million shares in the bag, that’s all the motivation id need.

They had this discussion on the OMI board when Brad George was buying small anounts. They’re at the company to run it, to make decisions, and move the company forward. It’s always an added bonus when directors are buying in but it certainly doesn’t worry me not seeing them with regular guys.

25 trades today, been the same for a long time now. It’s being walked down on low volume. No more top ups for me yet. Happy with my holding but if the ASK is below 2.4p il buy

Thevalle your probably at a loss selling recently, and even if your not, it’s the happy to buy back on the up comment ?

If we receive some positive Assay results 2-3-4 weeks from now and the price jumps 20-30%, are you happy to buy back in then ?
I made the point the other day, lots of investors have a lot riding on the next RNS or 2, the big picture vastly overshadows this.

The gold isn’t there ? Apart from the small campaign they had and got 80g/t?

Sold the last of your shares yesterday and happy to catch it on the up. That’s the standard of investment that sums this board up lately.

"hope to release the results very soon" was his wording

What the "hope" referred to is anyones guess, could be waiting for additional assays from Hole2&3 to compliment Hole 1. Could be JV talks, who knows. It wasn't a guarantee, he said he hopes to release them very soon. clearly that's not possible and we'll find out why

BH, how fast do you think EEE can get to production? To actually have a physical asset banked for Empire is huge. Accessible core, small scale open pit, I'm hoping work will begin Q3/Q4 this year. Excited for the 1,700m of assays surrounding Jack's dream. This could open the eclipse project up massively and potentially extend the pit by 200-300m

Completely agree dv, and i can only go off Mike's last interview. Enquiries are still ongoing and ideally they target someone who is Western Ausralian based and focused. We could hear tomorrow, it could be mid april but I'm optimistic it's on its way soon

No meltdown on here today, have we turned a corner?

agree with your post though dj. very true.

I work monday - friday in engineering but spend a lot of breaks and a few hours in the evening researching the companies I'm invested in. all of the information is out there to find; BB's, RNS history, Companies twitter, companies website.

There are a lot of PI's who's strategy is:
Invest first
Research later

And you wont believe how counter productive that can become. So when other investors take time to research and share indepth knowledge and views, sit back and listen.

Well for a company lacking “fundamentals” I’m more than happy with the direction the company is taking right now. Interim CEO, or stand in CEO Mike Struthers is continuing activities at a very favourable pace. Extension drilling around Jacks dream and testing at depth around the Eclipse shaft.

I’m fairly new to EEE but I’m very impressed and think with its potential to fast track production(a physical product), it’s undervalued by some distance. To single out empire metals and it’s fundamentals is a non starter for me.
Funded
Fantastic grades at shallow depths
JORC likely on its way soon
Pit optimisation
Drill rigs secured
Sale of assets to potentially secure circa £4m

Just look at the junior exploration market as a whole. GGP OMI WSBN COBR ECR ORR all lost a huge chunk off its market cap in recent times, empire are certainly not alone. I topped up GGP at 33, OMI at 32 and ECR at 4. Hindsight is a wonderful thing in the stock market world.

But that’s not a safety net to invest here. I’m investing here because I believe it’s market value will be multiples of the current price. Be confident in your research and conviction and average down. Last thing we need here is to turn into the ECR BB and start doubting the company at every corner. Those who can’t support the company through the bad times and fall in sp, won’t be complaining when it begins to climb again.

Never nice to watch your account balance fall day by day but I’m expecting a CEO announcement within 3-4 weeks. Talks sound like they’re ongoing in Georgia and I’m sure the board are doing everything in their power to deliver a successful outcome for investors.

Gino, no point in speaking logic on here :D will go way over their heads. These will soon be flushed out

This filter button on LSE

Master stroke.

I wonder how many will be calling CB fit to burn when the JV news lands. When the assays land. When the second drill rig lands. When the sp jumps 100%.

Low volume and warrant holders, I wouldn’t release good news into this market. So very very very fickle. There are investors here who have averaged down from 72p.

Either get yourself comfortable with the idea of investing here or in the next 22 minutes, log into your broker and sell.

Be interesting to see the timeline between tolling/local milling and to the finished product. Could be a very quick path to revenue.

Something in the air today

I can see this going to 2.5p judging by the views of some investors. And if it does il sell every other share I own in every company and pile it into here.

Investors need to realise, even if we don’t get the JV, ECR still own Creswick. They don’t lose it, it’s an attractive asset and I’m sure the company are working hard to push a deal through. Licensing issues are out of their hands

Good assays hole 1/bad assays. It has minimal effect to me. It shows the company they’re in the right area (visible gold suggests this), or they’ll have to relocate as and when they progress.

Not having a go but if you don’t want to see 2.5p, get out now. It’s investing, it’s not guaranteed money and nothing is certain. The company is at the start of a long and progressive journey.

Finances will be fine. £4million in the bank with potential more from warrants. Current exploration plans are funded until at least 2023.

Just bought in. Reading the funding RNS on 10 December, stating it provides funding for the exploration and drill targets of Q1 this year. Has any additional information been released on this, with there only 7 days left in Q1, is it sensible to assume this will start sometime in Q2? (which is not an issue at all), just trying to get my timelines in order. Will continue to add if the drop continues but I'd be surprised if it falls much below the current sp

I think if the Senala work is due to be completed by the end of Q2, I'm sure we'll hear an RNS at some point that drilling has commenced

Early ground sampling work in Central Cameroon too

Jdough I agree at least after Q3 but I think MrP was alluding to the fact that’s it’s a strong possibility. And something the company consider down the line

Get as much out of IAMGOLD in year 4 of the programme before fully assessing how to move on. After year 5 Oriole may be required to spend “x” amount in expenditure so flipping it on to me would be the most viable option (if the initial 3,000m campaign at Bibemi is positive). Be pointless selling senala on if your other projects aren’t up to standard

All this to say, there is gold at senala. It looks like a brilliant project with some very tasty grades. It puts Oriole in a brilliant position moving forward and investors should be excited.

Very pleased with the RNS. The more you dig into it, Senala looks more and more appealing

Fare South looks like a stand alone deposit with another 5,000, RC drilling planned (Previous grades 20m@31g/t)

But to find out 5,000m RC drilling to be carried out at Madina Bafe, some very encouraging results. This taken from 16th July 2014 RNS

"RC and diamond drilling 40 km to SE confirms significant mineralisation at Madina Bafé prospect;

· Best diamond drilling results include:

o 9.6 m @ 16.08 g/t Au from 15.1 m, incl. 1.3 m @ 61.84 g/t Au and 2.9 m @ 21.62 g/t Au (MBDD-002)

o 2 m @ 1.22 g/t Au from 7.6 m (MBDD-002)

o 1.5 m @ 2.84 g/t Au from 34.6 m (MBDD-002)

o 3.8 m @ 1.43 g/t Au from 63.7 m (MBDD-007)

· Best RC drilling results include:

o 15 m @ 6.10 g/t Au from 14 m, incl. 4 m @ 14.20 g/t Au and 5 m @ 5.50 g/t Au (MBRC-117)

o 2 m @ 4.90 g/t Au from 22 m (MBRC-091)

o 3 m @ 3.69 g/t Au from 29 m (MBRC-094)

o 3 m @ 1.38 g/t Au from 19 m (MBRC-120)

o 2 m @ 1.10 g/t Au from 7 m (MBRC-120)

o 2 m @ 1.81 g/t Au from 2 m (MBRC-113)

o 1 m @ 2.89 g/t Au from 21 m (MBRC-135)"

Senala not to be under estimated here, GAME ON!!