Member Info for AG1989

Possibly LO

Will listen to this interview on my lunch but taking it with a pinch of salt. I've topped up on a lot of his interviews and followed the companies enthusiasm, buying 200,000 shares around 1.88p when him and Adam delivered that positive interview

Results, and good ones are needed but they've been none stop drilling for 5-6 months now, can't knock the company for a lack of effort. Like Paul said yesterday, you can't change the Geology and if there is a mineable resource at both projects, the exploration needs to target building it up

I'm not too fussed about missing the "RNS a week" scenario, it's all about the substance within those announcements. We're due some Creswick holes soon :) GLA

I think there are a couple of Creswick holes still to be drilled. 2 holes to report from Cherry Tree but beyond the phase 2 drilling at HR3 i can't remember what else is in the pipeline

Very pleased with the recent results, and todays JORC announcement. South Fare is predominantly in shallow Oxides making extraction far less expensive allowing for free digging and easier processing.

Plenty of work to do at Fae North but a great set of results here too
11m@1.22g/t from 5m
2m@11m incl 1m@22g/t

3,000m of Madina Bafe assays on their way with additional drilling planned

Phase 2 Drilling/work at Bibemi in Q4

They're certainly doing everything they can to generate value and I'l be tucking these away for years to come. £7m MCAP is a steal, and if it drops any further, I'l be happy to follow the price down

Well done to the team, in terms of "Company development", the last couple of weeks have been a breath of fresh air

Very good opportunity StarBright, hoping for a Selin RNS this week with 7,000 samples at the lab but regardless, plenty of near term news flow coming

It'll be interesting to see how the average yearly production can be increased with the Resource upgrade (if possible)

It'll be interesting to see whether the company publish an updated Scoping study to compliment the Resource upgrade. I think the Scoping study was issued to satisfy the Consortium and term sheet

Price of Gold: $1500
Mined gold (Oz): 197,000
Avg Production/year (Oz): 45,632 oz
Avg AISC/year (US$/oz): $942
Avg Free Cash Flow/year (US$m): $23.6m

Obviously based on the inferred resource of 265,000 oz at 1.6g/t Au. The price of gold is $200+ North of that now which will obviously help in returned cash flow and profit. The grades in 2021 have been more than consistent, and in most areas, higher value than those previously drilled. The amount of high grade hits in shallow oxides could really reduce the AISC here
2m@146g/t
6m@95g/t
8m@89g/t
4m@53g/t
56m@3.54g/t incl 21m@8g/t
52m@2.14g/t incl 1m@41g/t
8m @ 19.11 g/t
14m@8.54g/t

Just looking at Shanta Gold. Although AISC looks to have shot up to around $1300, their production forecast and current cash position remains very strong looking forward, whilst maintaining a strong look on Growth and exploration recently hitting grades of 5,000g/t+. I think its the start of something special for Cora Gold and a company we could certainly replicate and advance our other permits as the years roll by, extremely encouraging and a brilliant opportunity to load up at these cheap levels

PaulFG - yeah I can give no guarantee about this opportunity myself, and I’ve seen companies like Oriole and Empire, dropping below £7-8m MCAP with some good grades, and ongoing campaigns, and seem well funded, so it could happen here.

It really is just a waiting game to see what Creswick can deliver and holes 4&5 at Cherry Tree, and take it from there. 8 months into the year and we’ve had decent amount of results, which the market hasn’t taken to. Let’s see if this structure drilling strategy and follow up at HR3 pays dividends.

Have to agree with ThePunter here. I topped up when it dipped to 3.5p, then 3p, then 2.5p, then anything under 2p was "a bargain". Then 1.8p.

Now under 1.5p. How low does it go. I've seen it described as a "steal or a price" every drop since 4p, that includes myself. Was convinced this was going on a long run but with a drop in market sentiment, but more importantly, releasing mediocre results, it's dropped quite significantly

I'm just wondering what kind of news (not necessary grades) will ECR have to release to get the share price moving again. They currently hold around 30% of the Market Cap in cash. The ongoing drilling and activities at Bailleston + Creswick, they're making all the right noises, and moves for that matter, they just need to build up resources. with £5m, or there abouts, they could really attack one of the prospects aggressively and deliver with substance and value, it's just a bit too spread for me, or will be once we begin exploration in Queensland and on Tambo

Having to fundraise in 2-3 years is not an issue for me. It's essential in helping the business progress, but I'd like the company to have one FLAGSHIP project they can sell to the market and generate interest, and not snippets of 10-12 holes on 4-5 different targets. You can then progress the other targets with spare resources and time

This wont happen and I'l back the stratergy of the company and Craig Brown, and another 10% down from this price, I'l be looking to make a big TOP up (If that situation arises). But I'd have the contract drilling company put another 10 holes in Creswick, move MIDAS over and also the new drill when it arrives in Q4? Another 25-30 holes in EL006184 or one of the new Creswick licenses and really build up a solid strike length, and high grade Zones to work with, and sign a STRONG JV agreement. The JV has always been vital for me, and remains that way in order to progress forward without a horrendous amount of dilution.

Following the price action closely here and as bad as the price action has been, it's potentially creating a strong buying opportunity for the future, the same can be said with a number of shares on the market. Do your research and act accordingly

Freetrade showing Cora at 17p from 17:15 this evening

Not showing that on any other platform I can see. Premium purchase after hours possibly ?

I believe the initial highs will be once all the assays have been reported along with the resource upgrade, just as the feasibility study is underway.

Just have to look at the market cap of Hummingbird and Shanta Gold. 2 Gold producing companies in Africa with Market Caps of £76m and £140m respectively. Both have retraced and important to look at Cora as its own entity with nothing but Growth on its mind.

As construction starts in 2022 (Hopefully), the company will probably be working away at further expanding these zones, which will compliment the growth here. The AIM is a real momentum market with lots of investors hopping from share to share. GGP losing over half its Market Cap in a period when its
- Broke more ground than ever in terms of developing underground activities at Havieron
-Produced further world class grades
- Drilled on its Juri JV

Can talk it to death, the end product is the same for me here, there are multiples of the current share price coming our way. The sentiment is brilliant, we have a clear pathway to production which will help us develop our other prospective projects in years to come, and a brilliant CEO. Very excited

Crazy action mate, and if it drops beyond that I'l be adding a lot more. The company are adding real substance to the product with every release, i wouldn't put it past them releasing more results from Selin next week with 7,000 samples pending at the labs

12% down. Let's see if those who wanted a lower top up or entry, pull the trigger

Picking more up myself, i crave days like these when your delivering results on a scale we are

Good luck Dan. Just DYOR, take time to listen to other opinions just to see if there’s any differing views or opinions you’d like to take on board.
Do your research
Invest your money
Set yourself targets

And stay disciplined.

Thing with Cora, it's moved a lot recently, and agreed, todays recents for me were also exceptional. But it's main movement was when it released 19m@31g/t 7 49m@15g/t, but other than that, the market has struggled to react, even though they'd constantly released very encouraging results...2m@146g/t today

The same with Oriole today and for me, the same with Creswick with its results this year. Not "exceptional" but show potential to build on, and when it finally does, lets hope its enough to push through a JV to further progress Creswick at a favourable pace. It's a crazy market, there was higher sentiment in the market at the time but this went from 0.5p last summer all the way up to 4p at XMAS without even sticking a drill in the ground. They then began drilling non stop and has lost well over half its market cap.

I set my investments with 2 targets. The main target in SP target, if it hits that, no matter the circumstances, SELL, or derisk your investment.
The second is progression within the company.
-Signing a JV
- HR 3 results
-HR4 Results
- Creswick results
- Ongoing campaigns

If my share price target hasn't been met and the company have released the results from the criteria above and still no movement, i then begin to question and reassess where the value is actually coming from. I can't see that coming from Bailleston any time soon (imo) but i can with Creswick so at its current price I'm more than happy to wait it out and see what else they drill up at Creswick. Licenses may be granted next week, or in 4 months time or next year, so I'm relying on additional factors to determine my investment here. Keep the faith

Oriole have released some very encouraging results on their JV Senala project, and it's Market Cap from £7m hasn't budged at all. Market isn't interested and seems to take exceptional grades to get it moving. Think we have a chance with Creswick but if you believe in the future of ECR, 1.5p is a brilliant price to do some business

Promising things are:

-Zone B returned multiple hits beyond the 100m exploration target including 2m@146g/t from 160m!! which ended in mineraliation. Significantly opens up the opportunity here

- Selin P2 drilling, 7,000 samples sat at the labs which could be announced any time

- Around 8-9 Deep DD holes at Selin to be reported

- Follow up drilling to the 19m@31g/t high grade hit from Zone A

-36,000m completed so far with ongoing drilling for another week or so. Be very close to 40,000m

Plenty to report still with assays to report non stop until mid September followed by a resource upgrade

Still logging in here every now and then and welcome all opinions and will add when i can

I'm still here, just not sure what else to discuss until the results come rolling in. Talked this company more than i've done with any company and still hoping they deliver strong grades but until then, I'm just riding the wave

Made my last top up when it dropped to around this level. Will be making another if it falls another 10-15% but it's very quiet at the minute. Hopefully the quartz intersected in this next Creswick hole will deliver the goods and continue the hit grade drilling results we've received from Creswick this far

Yeah for such a small Market Cap, if the company keep delivering these Bonanza results & long intercepts, the volume will fly and the share price will take care of itself. The results they're getting beyond the 100m pit shell Resource significantly open up the opportunity here

Yeah, short term share price will do this. But the end product here is only going one way!UP! More brilliant results with plenty more on the way.

2m@146g/t from 160m, and it ended in mineralisation. Zone B really bringing food to the table