Member Info for AG1989

They have their current operations ongoing with GGP, also now the Juri JV. They have an enormous JV ongoing with Antipa Minerals, where they have the option long term to spend $60m, just like they did at Havieron

But definitely. If, Red Setter is a success and returns results that could lead to a commercial mine, be sure that the big boys will be knocking on the door throwing millions at WSBN for a slice of the gold

If Red setter doesn’t produce like many hope, with the company drilling on numerous fronts, they automatically increase their chances of success. I’m watching closely but right now, I’m not in, I need data to lead me into this investment. And yes that could mean me buying in at a price double of what today’s is, but my investment will be more de risked.

GLA

Worth** Apologies for the bad spelling

And for what it’s work, the historical groundwork at Wishbone 2 looks exciting, and at this moment in time, I’d be eagerly awaiting the results more from there. But you just never know what the ground will give up.

The Oracle relation is exactly why I stated what I did. Drilling Jundee East, was a bust. 8km east of a multi million oz Mine. Favourable geology, and “hit mineralisation between 60 & 80m”, and the results returned nothing. They struck out. But they have the NZ which is far more advanced and proven. Yes, it’s exploration, and yes I understand the excitement with it being in the Paterson. The more discoveries in the Paterson, the better for my other investments there. But this board has a tendency to go extremely quiet for long periods, then whispers of drilling come out, and it’s the next Havieron, or a JV is inbound with Newcrest. It can be very misleading to new investors looking around these boards for introduction research. Always DYOR, and I never blame other investors for my own short comings, just be careful. All I’d say is remain quietly confident, load up(big opportunity if they hit significant mineralisation) and wait for the assays. Then re-assess. If you want to give wishbone a chance, then really give the company a chance. Give them time, there’ll be long waits between assays and the next drilling campaign so stick with it

I’ve probably turned into a glass half empty kind of guy since the swift decline of the 2020 cycle. But it’s certainly taught me a couple of lessons and patience, it could take years for these projects to pay off, if they ever do.

Setter**

“I guess we may even get the buy out offer soon after assays?”

Christ. Buy out offer wow. Not even a set of results yet. Rude awakening for many on here if and when red street doesn’t deliver.

Assays do the talking. Anything else is just hype to move the share price. Invest on facts, not on hope. GLA & as an Antipa shareholder, the more discoveries in the Paterson, the better for me. I hope wishbone strike it rich, but until those assays are released, they have nothing. Be careful

£3k for me. Glad to average down and get a BUY sub £0.0030. I fully expect Naheed to transform this into a significant company, and a potential energy producing Giant. Long journey ahead but happy to follow it every step of the way

Another great find. Appreciate it

Not me Addison but others may have that idea. I’m just investing in here full stop. I’ve got a price target in mind and whether that takes 3 years or 3 months, we’ll see. The 2020 gold cycle was certainly a whirlwind. Then tech had a go, crypto. They all do, cycles come and go so I’m hoping ORCP assets go beyond having a strong sector cycle, and eventually they’ll shine through in any market

Cycles are certainly good for traders or short term investments. And if that’s how people make their money, best of luck to them. We’re all here to make a profit.

" Northern Zone is a priority for the Company and is currently the main focus in Australia." and rightly so

They have the silver project with some outstanding reuslts, but at $20 per oz and $1800 per oz, there is no comparison. Best of luck to WSBN, but I'd rather have the NZ and hope the company really use this opportunity to drive this forward and really get Oracle on the WA Gold map.

I think the NZ alone shows how undervalued we are as a company against the likes of WSBN. Wishbone, equally drilling in a Tier 1 Jurisdiction but with ground with no Historical assays or significant intersections, you'd say they're currently overvalued or we are seriously undervalued, with NZ alone. Some really wide, positive intersections to build upon which will all add to a Maiden Resource
9m @ 1.34g/t gold ('Au') from 54 metres (21OPRC001)
154m @ 0.58g/t Au from 98 metres (21OPRC004)
135m@ 0.23g/t Au from 63 metres
9m @ 5.06 g/t Au – hole BNRC017
1m @ 39.82 g/t Au – hole BNRC033
2m @ 23.27 g/t Au and 40m @1.2 g/t Au – hole BNRC069
30m @ 1.5 g/t Au – hole BNRC081
217m @0.51 g/t Au – BNRC066
10m @ 2.1 g/t Au – BNRC079
121m @ 0.98 g/t Au - BNDH066

It may be a sideshow for some investors, but not for me. It has real shareholder potential this one and can't wait for the next set of results

Yeah it’s not dead until they sell it on. It’s an enormous territory JE with multiple targets. Always room in the future to go back but plenty to focus on in the near future

Difference of opinion i guess. I don't see the reaction ridiculous, seeing how volatile and empty the AIM market can be at times.

In a recent Q1 update

"Looking now to Australia, our Jundee East continues to generate a significant amount of excitement amongst our exploration geologists who believe that this project, which is located on a previously unrecognised greenstone belt, has the potential to deliver considerable mineable ounces. "

With its geology and the excitement surrounding it, from the board alone, i can certainly understand the disappointment from yesterday that the initial results from Jundee East, didn't deliver the results that were expected. That's what investors need to understand here, some were not happy with that. I think it's quite simple

The near term price doesn't interest me, unless i can add below my average. It's exploration, they struck out and refocused resources on ground at the NZ they know can deliver, and has delivered with impressive results. Certainly not the end of the world, and knowing they're working on a near term drilling campaign is exciting. The company have a real chance to add value here with the gold. It may not be comparable with THAR, but for me thats not my thought path. 4 different projects, all which if successful could add a lot of shareholder value. It looks like that "4" is now down to "3", unless they decide to target JE in the future.

It'll only take one of these to generate huge rewards here. The Gold could certainly do this, and THAR clearly speaks for itself, along with Green Hydrogen. Your always going to get differing opinions on here, not a bad thing

“ Read it properly yourself and make your own mind up.”

This. It wasn’t just about NZ. Although there was one sentence on JE, it spoke a thousand words. Exploration there never hit a sweet spot. But for me a lot on here saying “i thought the results were good”. Those selling were disappointed about nothing coming up at JE (I presume),it has nothing to do with NZ. Two parts to the story

It was a good RNS all round, more drilling to come at NZ before a potential maiden resource. That’s really good, but after reading this mornings RNS the first thing I put on Twitter was “it could create a buying opportunity today”, because that small snippet about JE will have thrown one or two people off.

Not me, and not the majority here. It’s Gold exploration. The SP will be up and down for the foreseeable. If you have spare funds and feel just as bullish moving forward, this could be one of those opportunities for you. If you can’t buy any more, ride it out and wait for progression in ****stan.

To be fair I kindly disagree, in respect to its going to take years to get to a feasibility stage, and maiden Resource

http://www.oraclepower.co.uk/wp-content/uploads/2020/11/ITR-WA-Gold-20201114.pdf

“ In Mining Insights' opinion, significant further exploration of the North Prospect area is warranted” - significant exploration is warranted is a clear contrast to the remarks come out today with JE. And if the company continue to go down this road, il be invested every step of the way

From the companies website, a detailed Gold exploration report on both projects. Northern Zone is a more advanced project, drilling has been completed by numerous companies over a long period. It’s there, it’s proven and with the recent results, there is clear scope to grow it significantly IMO. Let alone it’s in one of the best jurisdictions in the world for Gold, in WA. it’s low grade but an ounce of gold is an ounce of gold. It’s open pitable, shallow and Australia is screaming out for another discovery.

I understand it’s a side project for most. I’ve only been here recently. But with an exploration target of 2-4Moz, just don’t write it off. $1800 per oz speaks volumes. A JV would be ideal, because we don’t have the lone resources to take it on alone, but a share of the bigger picture is massive for the company, and shareholders.

I have time for everyone James but i like to be a realist, assess the situation and project whats to come next. One project didn't deliver, we move onto another and can zone in on
-NZ
-THAR
-Green Hydrogen

Let's not pretend as well, the company will be just as gutted as we are, but it could be a blessing in disguise in in the near term, pushing the board to progress our projects elsewhere to the next level. lordsidcup/Keith, I've always had time for. But he commented on my tweet telling me I'm wrong and i should re-read the RNS, and now the penny has dropped, he's blocked me. I wouldn't be here if i wasn't bullish for major returns, but there are hurdles to negotiate first. We plow on

Panda. They didn’t do 7,000m in the end, Naheed clarified this. Exploration isn’t a certainty. They had an opportunity to take, 8km east of an 8moz mine and they went for it. Can’t blame them. You win some, you lose some. Plenty of exploration companies strike out when drilling, that’s no reflection on the team or geologists on board

NZ for me personally is on par with THAR and Green hydrogen. You could give away 80% of it to a JV company, to drill it to death, prove up 2-4Moz, open pit it and build a mine, and your remaining 20% could be worth hundreds of millions. At $1800 an oz, the company are in a significant position to drive this towards production and game changing times. Actions, not words, let’s see how this drilling campaign goes

Other Gold exploration companies with our MCAP, would bite our hands off to have the NZ IMO. Tie that in with THAR and GH, I’m just as bullish as ever and will keep buying,if and as the price drops. Just not what we wanted from JE to start, but we move on to what we know will work and deliver for us.

Spot on Damay. I’m a huge fan of NZ and if they’re serious about it, that project holds the potential to rival any of the others. I just think it’s a badly worded RNS. But if the Gold (initially) isn’t at JE, that isn’t the companies fault. Do your exploration and assess. If the confidence in Jundee east isn’t there right now, the company can focus on driving the other 3 forward. No issues