Member Info for AG1989

What news is due here? Waiting for an acquisition to come up, CBD play?

I'm with lethal on this. Luckily i never got stung and don't buy into the hype. So many ORR investors disguising this a SCREAMING BUY at 1.90p before they believe we're overdue "Fair value"

From 15th December - 12th February this shot up 350%. That's one hell of a swing without any assays or results being announced. I do believe eventually prices like 1.9p will be a thing of the past but it doesn't matter who you are, if you bought in at 1.9p, and the following week it retraces to 1.3p, thats one hell of a loss short term and its never nice to see.

DYOR, follow their informative twitter page, look on their website and spend an hour or two looking at the RNS history and if it fills you with confidence, buy in there and then. Far too many investors just following the spikes without fully understanding whats happening. If you did buy at 1.9p, right now is an ideal opportunity to average down

Trumpy, yeah CB has stated we shall be recieving assays on a regular basis and intervals which is promising and productive

The RNS he sent out about the cores being sent off to the lab, the draft was completed on the Tuesday but it took until the friday to get it out. I've said plenty of times on here, I'm more than happy with my holding and can handle quiet sessions and days. If i can encourage any other investors to HOLD or withstand the minor 3/4/5/6% drops then happy days.

Isn't there a potential for another £1.4 million for the company if all warrants get exercised? Good news if you ask me

Can we talk about today :D ?

Let's have a sweep for fun...

AG1989 - Friday 5th March 2021

Next RNS to land, place your bets

I think they’d be silly and premature to state in a brand new company presentation that a Creswick deal is all but done.

Yeah leflic I just think it’s for the benefit of investors looking into the company to show the interest is there. Whilst judging from CBs latest interviews it feels more like talks have gone very well with a couple of things to finalise, but it’s likely they will get a deal away.

Little snippets from the presentation, looks like to me it's been in the making for some time, but releasing it at a time they know a lot of news is due, to quickly back up some of the information in the presentation. My personal opinion

I'm not sure, i think it came across as pretty simplistic dialogue, reluctant to give any advanced details away. I still feel something will successfully get signed soon, and the presentation is just informing the market and investors in the interest shown, and continued to be shown with Creswick.

In terms of the presentation, without revealing anything we didn't know it's a great summary for new and current shareholders.

Well worth a read imo. I've read through various RNS reports but clearly missed the black cat assays. Only drilled for 400m and returned some pretty attractive grades, would love to get the drill/second drill back here

Up until recently Tim was confident about recieving these results Q1(Jan-Mar)/Early Q2 with some coming in March. Yeah we should recieve them staggered i believe with the first batch landing in a number of weeks

Keep listening back to CB's comments about the results for the first drill hole. We can speculate all day and night but it's just a waiting game. Everything he says points to these being very good results, without me wanting to put a grade on the assays because I'm far from being an expert. What i know from listening to Craig recently

- Historical workings on the Byron shaft were around 15 g/t and the company hope to replicate those, if not exceed them based on internal analyses
- Visible Gold & quartz was intersected at 111m
- When measuring the gold in quartz, you can be working in microns (1/150th mm) so to see it visible to the eye seems significant
- They planned to drill up to around 160m before kept intersecting quartz after so kept going
- Not all core was analysed before it was sent off to the labs so could be even more surprises in there
- On to hole 2

There is absolutely NO guarantee taking from this that we're 100% going to get successful results, but when looking to invest my money into the mining sector, these points above are a SCREAMING BUY for me and definitely set us up moving forward. Risk/reward with fundamentals looking brilliant

Same as TruthCaller - 0.6 million of these sat there now waiting for our day to come, still looking to add

Just spent half an hour on the Oriole Twitter going through each and every video Tim has recently delivered On bibemi. He couldn't be clearer, there's clearly an extensive Gold system there, years of rock chip samples and trench samples has proven this. 29 holes drilled, roughly 100m a whole, the assays could really blow things wide open. We already know there is a decent amount of GOLD at Senala, further assays here will compliment it nicely. Extremely happy it's been flying under the radar all this time and still kind of is, LOAD UP!

Close proximity can be a brilliant indicator, but previous drilling can be an even better one ;)

· IAMGOLD completed 1,300m AC drilling at the Faré prospect during June and July 2020;

· Recommencement of the planned 10,000m programme later this month;

· Review and recalculation of all historic RC and diamond drilling results has returned exceptional results, including:

o 20.00m grading 31.13 g/t Au from 18.00m, including 10.00m grading 60.98 g/t Au (FARC-00007);

o 10.00m grading 2.34 g/t Au from 50.00m, including 6.00m grading 3.50 g/t Au (FARC-00001);

o 23.40m grading 1.84 g/t Au from 68.60m (FADD-00001);

o 14.00m grading 2.94 g/t Au from 11.10m (FADD-00002);

o 59.60m grading 2.20 g/t Au from surface (FADD-00003);

o 42.00m grading 1.36 g/t Au from 4.10m and 49.50m grading 1.75 g/t Au from 50.60m (FADD-00004);

o 7.00m at 1.31 g/t Au from 14.10m (FADD-00007);

o 7.00m grading 1.64 g/t Au from 17.60m (FADD-00013);

o 5.15m grading 2.92 g/t Au from 170.10m and 10.00m grading 4.12 g/t Au from 192.10m (FADD-00016);

o 19.50m grading 1.08 g/t Au from 93.40m and 4.28m grading 1.02 g/t Au from 146.32m (FADD-00021);

o 23.50m grading 1.41 g/t Au from 6.00m (FADD-00023);

o 12.00m grading 7.09 g/t Au from 18.00m (FADD-00025);

o 4.80m grading 1.38 g/t Au from 63.70m (FADD-00026).

10,000m inbound :)

- low overheads (£1500 a month rent?)
- low legal fees
- XRF analyser to understand your cores as they come out of the ground a little further
- plans in the near future to build an on-site lab

JTB I saw that but I think that’s if you want to make many multiples of your money.

Had the same train of thought of other companies too. Other companies which I have invested to into my SIPP and I can’t see some of those points fitting in as well.

It’s risk reward but at as early stage as we are with ECR, to have the following fundamentals already in place at £30 million market cap is huge.

Bailleston:
- 100 owned.
- Your own purchased drill running non stop
- Previous campaigns carried out including Blue moon which looks to have a couple hundred thousand ounces.
- Drill hole 1 drilled at different prospect (hr3) with visual gold
- drill hole 2 well under way
- offers turned down as CB knows the mouth watering potential involved
- accessible by road
- close proximity to the fosterville mine

&

- Creswick 100% owned (currently)
- grades hitting up to 44 g/t
- high interest from majors with a JV very likely
- land application packages waiting for approval which would extend the foot print of both projects and beyond
- a CEO who has been involved in bringing projects into production
- shenyang on board as an investor who are keen to help out when they can and will help producing a mine
- £30 million mcap
- potential to be sat on a multi million oz deposit

And the list goes on and on. Load up, get yourself happy and content with your share allocation before you’ll be paying 5-10p for the privilege

Good balanced views those, and a nice in sight into the fundamentals of the company. It’s low market cap combined with cash balance and current growth is enough to get my investment. Anything additional that comes in the CBD world is an added bonus.

I fear there will be far too many investors scanning the board here, filtering out anything not to do with CBD, chasing the quick buck

It looks like the board and company have really turned themselves around and the results in a couple of weeks will be an absolute blessing to LTHs

Oh dear

That’s what I’m expecting on next RNS

Hole 1 assays
Hole 2 completed - any indications found on visual monetisation. Getting ready to be sent to labs
Hole 3 - starting shortly

Be interesting to see what grades they find, and how many holes they think it’s worth drilling at HR3 before relocating to another prospect.

I’d like to see it back at blue moon, get a better understanding of the resource in the ground. It’s certainly an exciting time. Could talk about Bailleston forever, totally forgetting a JV at Creswick seems close.

OMI have a geologist as CEO. Listening to the latest interview with Paul Johnson before, nothing about that company stands out for me. He can’t really pin point a crown jewel in his portfolio to really get the investors interested. It’s spread far too wide

We have it all here. Never been more excited more Monday to come :D

The six things he looks for in his exploration companoes

1: Grade - How much commodity you have per tonne of material
2: Scale - Is there enough material in that deposit to get get a producer to want to come in and produce that mine in the future
3: Infrastructure - Are you close to power, roads, water? Are you close to existing mills where you can use the infrastructure that's already there and save a lot of capital
4: Permitting - How attainable is it to get a permit license in that particular area?
5: Solid geological team - Have you got somebody on your team that has actually made a discovery and knows how to take it to production
6: Does the team and board have a proper understanding of capital markets - of how to properly fundraise moving forward