Member Info for Archangeleyes

The door is closing. WSBN's mcap is £34m.

"Based on current market data, £34 million will buy approximately 10,750 troy ounces of gold. This calculation uses the live UK gold price from October 21, 2025." AI.

What will happen to the shareprice if there are between 3-6 million oz's of gold in the ground?

Good grief, £1 really isn't that far fetched.

Thanks News, I wrote it in that style on purpose. I enjoy your posts, keep them coming. You do challenge, provide balance and discourse in your work.

I would love to be an investment house analyst.... I was a different type of 'analyst' but I'm on sabatacal and I'm doing this for fun as I recover. I make sure to use sufficiantly wooly language to avoid assertion and liability.

Arch

Whishbone's emergence as a micro cap explorer is nothing short of legendary....so far! With it's spectacular rise in August catapulting the gold miner into a household name in the investment community, a headline position which is vital in soaking up capital that is about to rush into the sector over the coming days.

With the spot price of gold at over US$4300 oz, a consolidation and re-rating of the Gold mining sector is now due, which often lags slightly behind bullion as price catches up, a price which is influenced by potential profit margins based on operating costs, geopolitical area, ore concentrate and mine style all playing a role in pricing. Whishbone's base in the Paterson area is among the safest pro-mining regions in the world in an increasingly unstable and confrontational world. Hole 3 is looking like a potential 'open pit' starting point with instant shallow paygrade for cashflow.

With assays from Hole 1 due imminently, and if those assays show consistant grades typical of what's expected for the gold rich region, it may well be that WSBN becomes the posterboy for consolidation money flooding into the sector looking for value in the current capital flight to gold. Talk about stars aligning!

Arch

"Hole 3 (25RSDD003) is following up on previously drilled WRSDD0008 that intercepted 7m @ 2g/t gold and 0.38 copper from 273m"

This was before the monster sized Gold dome was identified and drilled. The hole 1 assay is back anytime now.

So yes, gold has been found. Could the grades be higher than 2 g/t gold? You betch...as they say, watch this space.

Going to be a big week for wsbn and shareholders, it's going to be a tough time for those carping from the sidelines. ⬆️🔵⬆️

I think the sp has priced in the drlling success so far and even if the whole of red setter was drilled like a swiss cheese the sp wouldn't move much. It is all about the assays now.

Hole 1 ended in strong brecciasation at 777m. That is a fantastic result. Depressurisation affects a significant vertical column of rock (100s of meters) and can trigger ore deposition. It's interesting how river gold behaves in the same fashion, forming deposits in low pressure points on bends or behind obsticles in water. The same will have happenned in Red Setter.

Hole 2 hit the breccia earlier than expected at 520m which in my opinion points to the potential of depressurised ore chutes neared the surface.

I think the company is satasfied with the data they have for that locality and proving up the rest of the 'cut' is next.

I wouldn't be surprised if hole 1 shows consistant grades of 2 g/t Au for very large sections sending the shareprice ballistic. Hole 2 has the potential for much higher grades nearer the suface, essentially proving up this area.

Hole 3 could be pivital as a high grade shallow starting point for mining. Again the previous assay of hole 3 pointed to depressurisation.

Then the fun and games of buyouts, JV's can begin.

If there was ever a time to hold or buy in, it's now. Imo.

The gap up on good assays will leave the uninvested behind. I highly doubt an intraday RNS for these assay results.

Fiat currencies inflate in tandem. It disguises devaluation on the exchanges until you try and buy something real. Poulden mentioned £10,000 oz, that is systemic collapse to a Gold standard. Gudaffi didnt have the military might but China does.

Remember Gold is only a store of value. It is the real money.

Yes, it actually gives me mixed emotions. Great fo where we are invested but the misery and deepening poverty as a result of what's coming is awful.

Wrong.

Gold is not increasing, the dollar is collapsing.

Arch.

Today settled alot of jitters and thrust Wishbone into the spotlight. I get the feeling that the timing has been choreographed to maximise the impact of Drill 2 report and Hole 1 assay results, which are both now imminent. We have nice launch pad to get us well into the pennies, which I know many PI's were hoping for.

It also serves the role of pre-empting what is a leaky share. Stealing the march on the insiders, like when we saw the drop the afternoon before the £4m placing RNS. Poulden putting shareholders first.

This type of rise on no news was the indication I was looking for as a precurser of good news seeping out.

It wouldn't surprise me to see news delivered in a fashion that will leave some on the outside and carping from the sidelines.

1p has gone forever and this ain't no lifestyle company.

Real, solid, intrinsic growth value equity. That's where I am.

Arch

Pouldens body language was very telling.

Smiling, laughing but more importantly he was rocking forward....he can't contain himself. I have absolutely no doubt now that he has been informed in drips as the g/t Au from sections of cores are given to him.

If the grades are above 2 g/t Au consistantly this will climb in value impressively.

Evening folks, I don't think this is much of a gamble tbh. We already have a good idea of previous shallow assay results, I think the deeper assays will have healthier zones. Hole 2 is already confirming the size of how likely the mineralised pack is going to be and is showing better dirty quartz. This is going to leverage the assay of hole 1. Gap up could be huge...I mean huge!

What excites me more though is the Macro-economics that has been forming around WSBN. Rise of gold, AI bubble and the ripples it will cause when it DOES burst (trillions have been borrowed between invested parties ffs). Flight of capital to safety and the attraction of a gold stock with a new find and a sp with healthier 'risk' and growth potential. It is going to absolutely fly if everything starts happening at once. All you need to do is hold! And some of you will be very wealthy. I only have a modest amount which will get me started not 'made' like some of you will be :)

Imo,

See you at 7am

Being able to raise £4m from the markets from the Companies perspective is a massive win. Securing the "expanded" exploration of RS points to the moving of goalposts as the spectacular indications of hole 2 has galvanised the BOD into a more agressive drilling program.

£4mill raised and capital structure easily supports it.

A steady stream of drill/assay/drill results untill JORC.

Either add 10% to your holding to offset dilution or trade the pullbacks and work for it.

Too much pearlclutching in what was a good move to secure funding before the risk of poor hole 1 assays dropping sp.

Stay strong until the assays, they will set the trajectory into the pennies.

They have timed the placing with assay results. Mid October. Could be wrong. More news ahead and volatility.

Indeed casper, I've got a sneaky feeling we are going to get more than we bargained for tomorrow. A very strong finish is likely.

Increases the viability of an open pit mine?

I can't wait for interims. I think theres going to be a few surprises. I'm excited!..+ the price of gold, WOW, talk about stars aligning.

Spike. Huge spread. No thanks Tiger. Hope it works out for you.

Enjoying live music myself in Glasgows West End.

A big shout out to anyone struggling with their mental health. It takes the bravest people face the darkest challenges that life can throw at you. It always passes.

Interims are imminent and will push this back through 2p again. The sp is too volatile atm. Plenty of newsworthy things for RP to inform shareholders about.

Arch

Interims could drive up sp with tenament news, drilling plans, cash balance ect. Everything is so sensitive as the pressure cooker is singing after hole 2 update.

Assays will either cool the cooker or blow the lid off. Shares are changing hands accordingly.

There seems to be too much price watching. 0.4p fluctuations dont really catch my attention with whats to come. The mm's murder the traders with huge spreads. I don't think trying to trade at these levels is worth the stress, with the news to come. Many will have been left behind yesterday, make a cup of tea, walk the dog, read some news...and boom the rise is over in 45 minutes.

Honestly filter the noise and hold for gold, then put your game face on.

Arch

When will we see 5p?

Interims, which will show a healthy cash balance and RP's future drill plans = consolidation at 2p (anytime now)

First hole assays reading 0.4-1.6g/Au = consolidation at 3.4p (anytime next 14 days)

Second hole assays reading 2-16g/Au = consolidation at 7p (6-8 weeks time) rising to 10-15p on further assay results until jorc (early next year)

Collapse of financial markets in spring 2026 and a run on the dollar to gold= consolidation at £9 per share.

And all you have to hold and grow your own :)

How longs a piece of string and just a cheerful opinion.