Member Info for AG1989

2 weeks ago today that intervene was recoded.

Let’s see what tomorrow or next week brings us :)

Jesus! What happened December 2010

I don’t think you’ll get much change from this lot. PJ was involved here years ago wasn’t he ? And by all accounts never left a positive memory.

I’ve listened to a couple of his interviews, he can never pin point a crown jewel in the portfolio. Seems like far too many tangible assets which can and will be flipped on at a later date.

CB is a total different type of CEO. He isn’t updating the market on every little insignificant fact. From looking back on the RNS history since his time here, he’s certainly not been shy in action on the ground. He’s proven Bailleston has Gold at blue moon, black cat and now HR3 (assays pending, visible gold). The short drilling campaign at Creswick returned 40g/t which was later upgraded to 80g/t. To hit those numbers in a limited campaign is extremely positive.

I’m 99% positive that given 12-18 months from now, there won’t be many comparisons between the 2 companies. CB will be well on his way putting all resources into 2 projects, followed by production. Shareholder money willl be converted into real value extracting assets.
- a second drill
- possibly a third
- custom built lab at Bailleston
- drilling equipment
- vehicle transportation
- core sheds

The list goes on. I can see POW hitting a value not too far from now which it will struggle to break through. Cash only goes so far and a couple of million certainly won’t extend across the numerous projects he has going on.

All a matter of differing opinion. You clearly like POW so never let anyone on here influence you differently. Do your research and hope it works out for your investment. Money to be made for everyone as I keep saying, but it’s a HUGE NO from myself on Pj and POW.

Best of luck clockface. Money to be made for everyone.

Silence makes you wonder, 2.8p doesn’t though. Top up top up top up :)

Personal preference I guess but if you haven’t got the patience to stick this out for at least a couple of months, I’m not sure your money will be better off anywhere else.

You never know Bojo. It’s just all guess work, one thing is for certain, CB has the assays on his desk.

Another certainty is that both RRR and POW have had their licenses approved in the surrounding area to Ballarat and Cressida, I’d like to think we’ve heard something or will in due course. Potentially creating an almighty RNS of drilling assays & JV. One can dream, but when you think about it, there’s no dreaming involved. We’re very close to want we need to move the company and sp onwards. I’m likely my juggling around of the portfolio, topping up here and EEE sub 3p are the best deals on the market IMO

EL007537 looks a tasty one surrounding Ballarat. That’s the competitive one

It’s interesting how people perceive an RNS. They probably do lack a little bit of blockbuster at times, but even without an official CEO, Empire metals is being managed far better than countless mining companies with a market cap multiples of this.

A JORC on its way, Mike and the team clearly know there’s more Gold to this project than just a couple of holes around the Eclipse shaft. Not wanting to sit back on the discovery so far, they’re keen to press on with diamond drilling to test at depth, and an additional 1700 m on strike extension drilling.

I’m extremely excited and whilst I have a lot of funds tied up in ECR and ORR, I’m more than happy for this to stay under the radar. Grabbing these sub 3p is an absolute steal, if you have the patience to wait beyond the next 4 weeks. All resources are being thrown at a proven resource to eventually extract as much value as possible.

Before we know it the JORC will land one day soon along with numerous assays confirming what we actually have. Mineralisation not too far from surface and local toll mills, extremely under valued.

I’m excited to hear about the nee CEO, and the confirmation of the sale of Georgian assets. I think the market will react favourably, that being said, as it stands im extremely comfortable with my holding here and I’m very keen to add :) GLA

Good point Jezzoo

I think for existing shareholders it's a good update. Very happy to know 1,700m of extension drilling is being carried out around Jacks dream where they recorded 24m@1.44g/t.

He did mention on the 23rd February in a couple of short weeks they'll hopefully release a JORC estimate around the Eclipse shaft, we should get that soon. It'll come together over the next 6 months but not expecting any explosion share price action (just yet), but i think it will come

Definitely TS.

Like i mentioned last week, the 2 additional licenses run adjacent to our current license, i believe the Dimocks Main shale runs through both.
I highly doubt the JV partner will sign a contract for the 1 existing license, knowing maybe in 3/4/5 months time, we'll have been granted 2 additional licenses, significantly increasing our exposure in the Creswick area. However long it takes, it takes. Once these additional licenses are granted, the JV partner (imo) will sign the contract as they'll know the agreement will cover the 3 tenements.

CB is extremely tight lipped on this and has said numerous times there are just a couple of licensing issues to finalise, would be nice to hear a little update of how long he thinks this may take. But i also understand that this is out of his hands. Could be tomorrow, could be May

Licensing issues holding up Creswick - these additional licenses i believe were applied for 2 years ago, could still be some time waiting on the department

In terms on HR3, doesn't it say a 4 hole 750m drilling campaign? hole 1 was originally planned for 150m until they intercepted more quartz, the next 3 holes should only be 150m deep and be drilled quicker (unless they come across additional quartz again at depth).

Can't see hole 3 being far off starting, if it hasn't already

Looks like the seller is back. Couple of 50K sells showing up. For those who wanted a sub 3p top up yesterday :) the opportunity is here again if funds allow it

Great post trek.. double JV would be a blinder :D

hahaha just read this back.. "seedy" is definitely the wrong word

"select".. I saw doc Holiday mentioning EEE a while back, it's what got my interest up here but not much since.And Afzal Valli too

Interesting to see a seedy couple on Twitter commenting and tweeting about it who haven’t got a whole.

All exposure is good exposure

Just glad the company is doing the business behind the scenes.

When that all comes together, the sp will take care of itself. That’s why it’s important to support the company along the way through every RNS. Once they grow, your money grows.

Today just cemented for me Empires intentions moving forward in 2021, all lining up to add a lot of value to the extremely low market cap.

The potential to extend the current workings here is big. An extra 200m of potential mineralisation between the eclipse shaft and the workings at jacks dream.

Like stated on the 23rd Feb, I’m still hoping to see a JORC estimate targeting the Eclipse shaft, with this number increasing as more assays come

Shaping up very nicely.

JORC still to come

Excited to see they’re doing 1700m RC drilling around Jacks dream where they found the 24m interval.

More diamond drilling to test at depth.

Eclipse is slowly expanding, metre by metre and it will all add up in value.

I’ve tried looking, does the RNS or any previous ones state how many holes were drilled around the Jacks Dream workings ?

If there were only limited holes drilled here, that’s more exciting knowing this is where they found the interval of 24m. Hopefully we’ll return more assays in this area.

BlackHopper your off your head but speak sense :D

I too don’t think they’ll flip Eclipse on (maybe it’s more hope). But for what they’ve found and the depths some of these grades are at, like you say it’s a quick road to revenue. The strip ratio before you hit gold in some places is 5m. I managed a couple of top ups sub 3p today. The spread isn’t very good with Freetrade and usually submits my orders over 3p. Not today though.

Under the radar
Undervalued
JORC incoming
Open at depth
Open along strike
£9million market cap. (Mental)
High grade small scale open pit operation
More assays on the way

Extremely happy with my holding here. Fingers crossed we shouldn’t be too far from news, but looking beyond the next month or two, the upside is very attractive. I think without any dilution (at the minute), a £35 million market cap takes this to 10p

It’s getting to the value (£8 million market cap) that you question how much more it can drop? Without jinxing it.

I really rate eclipse as a project, plenty of upside