Member Info for AG1989

As I read it these results were just the diamond drilling results for 300m?

So yeah to hit 70m@1g/t is something else

I like ORR, with a market cap half of that of ecr and wsbn, I think it represents very good value when you shop on through to bargain basement aisle. (I’m invested in all 3)

when you consider it’s historic drilling results at its JV in Senala, it’s delivered better assays than quite a lot of companies, multiples of its market cap.

Extremely excited about Faré results which could land any day now, and although bibemi is relatively young in terms of exploration, I see real potential with phase 2 drilling in Q4

£7m market cap represents a really good opportunity on this market, with a fair amount of risk/reward need factoring in.

http://www.rns-pdf.londonstockexchange.com/rns/3737E_1-2021-7-6.pdf

6m@95g/t

https://www.lse.co.uk/rns/CORA/49m-1555gt-au-in-first-selin-p2-drill-results-iqn42s0jv60q7ps.html

8m@89g/t
4m@53g/t

They are dream result but all 3 intersected in this current drilling campaign.

4m@53g/t
8m@89g/t
6m@95g/t

It’s certainly there ;) I’m pretty confident of more bonanza results.

DanielC43R - yeah from the limited drilling they really hit some good grades, so I’ll be intrigued about any follow up work planned.

Palmsairport - Thanks for the kind words. The “clear pathway to production” isn’t an overnight process, but I see real growth here at Cora. The next 4-5 months are all about the resource upgrade. And it’s coming, maybe as soon as October. This then allows them to work on the feasibility study which triggers the term sheet ($21m), for construction of the project.

Early 2022 there’ll be a lot of corporate factors to negotiate moving forward but from what I’ve witnessed so far on this journey, Cora and Bert do not sit around, they’re all about action.
It looks like drilling will continue into 2022 to further expand the zones open in multiple directions.

If we announce anything between 600,000-1moz Gold, this could easily hit £100m+ market cap. I’ve not really thought about next year in much detail if I’m perfectly honest. Everybody has different strategies when it comes to investing, there’s no right and wrong answer. My strategy is all about growth. Identifying these companies at a low market cap, drilling non stop, build up your resource and dictate to the market that your heading for production. These are were the big gains are made for me. By the time we even begin construction, we’ll be sat on multiples of the current market cap. Then once the cash flow rolls in, we can continue to develop our other projects.

It’s a brilliant company, I really can’t say it enough times. 9 sets of results in just over 3 months, with 20,000m to report. No other junior gold explorer comes close. The volume will arrive soon so just sit back and enjoy. The plan Cora have put together and executed is nothing short of outstanding.

I’ve moved a lot of capital here from other investments. This a by no means a recommendation for others to do the same, but it just reinforces my belief in project here and the growth moving forward. 35,000m of drilling in 5 months. 100% owned. Gold in every hole.

Before I found Cora, if I could have manufactured a model and structure and fundamentals of a junior gold explorer, they probably wouldn’t have been as good as what the company actually has. DYOR and happy to share as always, but very excited for the future here and highly encouraged from what I’ve witnessed this far. Hope that helps.

Very good initial drilling results.

Better value here (imo) but they’re a joint lithium play so whatever your into. In terms of gold exploration and advancement of project, you won’t beat Sanankoro.

We need results. Not false promises, false hope and hot air. I can’t see the bailleston results move this train along (yet)

I can’t even see CRESWICK doing the same. I really enjoyed the latest results there, to find the high grade gold over the strike length they have with limited drilling, that’s promise for me. Keep the pressure on here, deliver more high grade hits, start a new campaign and once the new licenses are granted, get a JV signed.

Not just with anyone, but at the minute any JV is better than none. Money needs spending on that project, and not necessarily ours. There’ll come a point where the funds we have, will need to be prioritised better once we’re down to £2-£3m. My concern is as soon as the company get the green light in Queensland, they’ll hit this head on instantly.
Before we do that, we need to establish a “flagship project” and for me that’s CRESWICK. Share the risk, deliver the results, have 2-3 drills spinning non stop turning CRESWICK into Swiss cheese, then refocus your resources elsewhere. Last thing we need is to spread ourselves out too thinly between 3-4 projects, deliver okay drilling on all 4 and have to fundraisers again.

There’s value to be had here, we know it, Craig knows, and the company are drilling non stop to try and deliver that value back to us. We need movement, we need sentiment back and we need new blood bedding into the stock. 1.6p to me is a cheap price for entry here, let’s hope the results begin to deliver and we can look forward to resources, JVs and multiple high grade intercepts

Appreciate the comments. It really is a great company, and one I see many piling into over the coming weeks. It’s a brilliant board, an excited board and a board I think really understands the fundamentals of what’s at work here.

There’s no need to ramp, cross ramp or go **** other stocks off. No need for
“We’re the next GGP”
“JV inbound”
“Takeover target”
“Going to the moon”

We don’t need any of that. Just stick with the facts and that says all you need to know. Shout Cora gold from the rooftops if you feel like, it’s not a ramp when the company are delivering and backing up everything positive we think about it.

FACTS
- 265,000 oz resource
- 100% owned
- exploration potential between 1-2moz up to a depth of 100m, we’ve already on numerous occasions delivered positive results beyond that 100m
- world class intersections that wouldn’t look out of place in a tier 1 deposit
- £4m in funding to see us through this drilling campaign, through the resource upgrade and onto the feasibility study and beyond
- 3 drill rigs turning 24/7
- on the brink of completing 35,000m in 5 months. That’s outstanding pace by any measure
- £35m market cap
- $21m term sheet signed for 2022 for begin construction of a mine.
- new high grade zones being discovered outside and within current resources.

The clues are all there. It’s crazy. There are about 6-8 big factors I look for in a junior exploration company. This ticks every single one of them.
I’ve seen numerous posters talk about having rules and not investing into companies with poor jurisdictions. It’s healthy to have rules so each to their own and well done to them for sticking to it.

That said, I feel more than comfortable about Cora’s ongoing operation in Mali.
-Mali are the 3rd biggest Gold producers in Africa.
-The company haven’t lost a single day of working due to political unrest.
- the company have employed local workers and geologists from Mali who have been a credit to the work at Sanankoro
- the drilling contractors have been exceptional working day and night at an unbelievable pace
- the assay turn around is the fastest I’ve ever seen in the junior exploration space

Everything about their operation in Mali have ran swimmingly. I do not see it as a risk, or something I look at and question my investment here. A bigger risk for me is having ground in a good jurisdiction, plowing millions into it and not deliver the Gold. That’s the risk.

We’re hitting gold everywhere. Good widths, high grade and continuity.

Happy to share as always, along with LW and a number of posters on here. Invest in the growth and you can’t go wrong. ACTION, not words.

Keep up the good work and here’s to more brilliant assays being released next week. Time for a pint :D

Signing off for the weekend. Great week for the share price and let’s hope for more assays next week. Have a good weekend everyone.

The good part about this for me LW, I’d imagine in some areas that the resource upgrade calculations have already began. But there’ll be independent input also. End of September/start of October id imagine. Lovely

22nd April
5 May
24 May
7 June
16 June
7 July
14 July
23 July
4 august

9 sets of results in 4 months is outsanding by any measure. With 20,000m yet to report, with a large amount of that drilling already completed, it wouldn't surprise me at all to me an RNS next week. They could be even quicker, or instead of reporting an average of 2,000-3,000m together, they may release them in Zones

10,000m from Selin to report still, if we recieved all of those in 1 report, WOW! The company aren't messing around and have all the incentive to fast track it all through for a resource upgrade and Feasibility study

Who knows iceman, the sampling campaign is underway, 20 days is it? Then to analyse the results and cherry pick the proffered targets from there moving forward. 4-6 weeks I'd say until drilling can begin but that's just an estimated with the number we have to work with. Ride the wave and anything 9p or below seems like a very good entry point/opportunity to top up (Finances willing) if you bought between 13-20p, or even lower

Just a waiting game, intrigued to see the outcome of the sampling results and assess from there, let the results do the talking

Yeah there are certainly no guarantees. But now, we aren't waiting around to appoint a drilling contractor. We aren't waiting to appoint Geologists. We aren't waiting for the 1st hole of the 2021 Campaign. We aren't waiting for funding

As a company Cora have everything sorted. I can see in May 2019 this went as low as 2.85p, would have loved to have bought here, a period after multiple high grade zones had already been identified. But it is what it is. this company will be worth more than a £38m Market Cap in the not too distant future

Definitely one of the best jurisdictions in the world where mining support and resources are at the top level. Means nothing without the resource in ground. Patience will pay off here and hopefully by Q4 we have a much better understanding of the potential resources in the ground. Jurisdiction to me is a factor, but not the main priority. the actions and results on the ground is where the value is created for me and if my investments in poorer jurisdictions blow up in my face, well thats on me but I've had 0 issues this far in terms of operations being affected

Likely we'll see a couple of Creswick holes next and we'll begin to motor on in the right direction. Very interested to see the results from Holes 4&5 at CT too. In the 1.5p zone again, bargain basement levels

If this does drop back to 12-13p, who would be topping up? I've done it a million times, always regret my allocation when its on the way up, but when the price sheds 15-20% after that, you then get second thoughts

Happened to me when it retracted back to 10p but i pulled the trigger and went for it, hopefully many here will be doing the same. It's encouraging like LW says, you normally get this kind of price action coming towards the end of a news rich period, but we're in a much better position. I think Selin in itself could be a company maker, then factor in the remaining zones, they could truly have a 10 year operation in progress here

Feels brilliant this doesn’t it. Results like we’ve had can only go unnoticed for so long

I’m not expecting an RNS tomorrow but the strong price action here is long overdue. The results have been nothing short of magnificent and some of them put Sanankoro on a world class stage

It won’t be a Tier 1 deposit but can prove to be world class in different ways, or at least life changing for its shareholders. There have been some pretty nice buys lately and long may it continue.
They’ve delivered, and we know they’re going to continue to deliver. They’ve been nothing but consistent in releasing these reports, and with half of the metres still left to report, there are no indications this is going to change. Short term price action is always good. It’s healthy, it’s beds new blood and liquidity in the stock but these results mean one thing to me, resource upgrade.

Each set demonstrating and building upon the drilling results from the previous campaigns a few years back. Cora, Bert and the whole team should be very proud of the value they’re creating here.

I’m in about 6 AIm listed Gold companies, I’ve hit some very good returns and made some equally daft mistakes. This is by far the best investment I’ve made and catching it and such a small market cap is an absolute blessing.

Wishing everyone good luck and here’s to an exciting future over in the Mail Gold fields.

Google also dropped to 13.95 and then back to 15p

I know mate. That’s why down at 7-8p I accumulated as many as I possibly could. It was very unloved but the signs were all there

But once it begins to move, that temptation to buy more and the feeling you never got enough always kicks in. Load up and enjoy the ride

ASSAYS
ASSAYS
ASSAYS
ASSAYS
ASSAYS
ASSAYS
ASSAYS
RESOURCE UPGRADE
FEASIBILITY STUDY

all on its way, and that only takes us to the end of Q4. Production sorted with the $21m term sheet, the growth to come here is frightening.

This has sat low enough for far too long. There’s been plenty of time to accumulate with all the signs showing nothing but growth. This deserves a healthy rise :)