Member Info for Archangeleyes

I don't buy the reason to build the road is to expedite drilling either. This drilling campaign was carried out in good order. Trucks don't commute back and forth either, they stay on site in the local area only moving between drill holes completed.

The mention of heavy trucks I think was a nod to haul trucks. Road for drilling is just a pretext, and true in that it will be used by drill crews but it certainly does not rely on it.

Definately, business is going on under wraps.

I suspect 25RSDD002 has cracked this golden dome open. Most of the concentrated gold deposits in domal features are found on the peripheral edges in crescent shapes zones. 25RSDD002 fits this in step out and hitting extensive alteration and vugs. These are key indicators of these crescent type deposits.

Exciting times ahead.

Imo.

A satellite mine requires drilling, mine development and haul road. Yes, the road goes to Glencore.

Backroom deals are being done in the dark rooms of Dubai I feel. It would not surprise me if significant corporate news follows assays.

They know these assays and the ducks are being lined up in a row.

There might not even be a placing, simply a sale.

IMO Hold.

The BoD will be aware that proceeding with a placing at say 41p with brokers privy to good assays would be a very classic case of market abuse.

I personally think the preparations are underway for a placing following price sensitive news being released.

Corporate strategy around the structured release of news is basic stuff.

It is looking very good from that perspective, and I expect the shareprice to hold onto gains much better as the jam tomorrow types leave and lth's see the asset value. I think that exchange has been underway for the last few weeks. You can see it on this bb. Much calmer. Calmer movement up in the last 3 days.

Core Drilling services was contracted for 5000m. 5107.7m have been completed in total with the last hole of 300m just finished now. I think this contract has finished ahead of schedule and has not dragged on over the Xmas period, which was planned for.

I think many retail investors grew weary of the assays being delayed and assumed the worst, fear set in. However the delays at the labs are real. Successful assays particularly H1 and 2 will completely change the complexion going forward from being an exploration project to a developing asset.

Ed Mead is the director in charge of Red Setter.

Bashers are struggling with this dynamic. He doesn't fit the fashionable narrative.

"We are extremely happy with what we have seen in drill core to date and need the assays to quantify our enthusiasm for the Red Setter Project. We look forward to increased news flow of drilling results over the next few months as results come in."

🔵👀💀

· 18m @ 0.49g/t Au and 0.004% Cu from 308m in WRSDD0015Including 5m at 1.2g/t Au and 0.002% Cu from 319m

· 1m @ 3.73 g/t Au and 0.1% Cu from 191m in WRSDD0015

· 14m at 1.0g/t Au and 0.2% Cu from 266m in WRSDD0008Including 7m at 2g/t Au and 0.38% Cu from 273mAnd 1m at 6.4g/t Au and 0.69% Cu from 273m

· 25m at 0.28g/t Au and 0.11% Cu from 195m in WRSDD0006 Including 1m at 5.4g/t Au and 0.26% Cu from 198m

· 3m at 0.18g/t Au and 0.82% Cu from 166m in WRSDD0006 Including 1m at 0.27 g/t Au and 2.27% Cu from 166m

· 1m at 6.48g/t Au and 15 ppm Cu from 246m in WRSDD0009

· 10m at 0.48g/t Au and 0.03% Cu from 117m in WRSDD0011Including 1m at 3.2g/t Au and 0.06% Cu from 122m

Just a pullback...🏹

Alot of folk have left the kitchen due to the heat.

My experience is that directors of companies involved in business regularly talk to each other. I am almost certain that EM/RP will have an idea of H1 and 2 from ALS. It's galvanised a bigger drill campaign with infrastructure to support it. That is bullish. Simple.

WRSDD0006 Including 1m at 0.27 g/t Au and 2.27% Cu.

This is a ridiculously high copper grade. Nifty is nowhere near that grade. That area needs further testing.

Well John, put it this way...Will you be selling your shares if the assays are class? I won't.

thanks linn, i smelt ****e with that post as havieron has been developed on an inferred mre, the most basic resource estimate.

10 weeks 6 days. Nearly there folks. 7am RNS Monday?

Irony is Mooching, if you get 60p it is because the sp is on its way to £4 even higher. If this is a mine then £400m mcap is kinda the starting point for buyout because the size points to about a 4m oz deposit. The shareprice is in limbo right know, nothing to underpin it. Wild times.

The market is pricing in fear of failure right now. If the results are good then a mine gets priced in. Literally chalk and cheese. If these assays are class, you gonna sell?

Personally I prefer the domal target nearer the diorite where there is more likely to be higher levels of hydrothermal activity, my understanding is that deposits can be very high in the areas around the intersect. If the breccia assays are poor, its not over, look at Havieron, it was HAD005 that blew it wide open. The same can easily happen here. Deposits in breccia are patchy but much higher than diorite. You need to hit the deposits.

Good luck investors. Hours away from glory...hopefully.

Have to agree. To be really blunt. The diorite is the open pit section only 80m of overburden. If the breccia in the underground dome is good gold ore, we have a commercial mine and the shareprice explodes.

Really really simple.

Your welcome, I have sense of humour forged in hell. 🍻

I have an idea Cash, I think there's a few things going on though, so not that simple.

Everything has to be seen through the prism of a decaying shareprice (like soxs-4) but that is on the cusp of changing. Only thing that will end this decay is, firstly, great breccia grades (which I consider probable) and reaching an inferred MRE as soon as possible. I believe Ed Mead has enough data after this drill to have one. Havairon has an inferred MRE and it does the job until JORC compliant MRE further down the.. road....forgive the pun. We are nearly there in terms of stopping the decay in that regard.

So with the theme of a decaying shareprice traders know the gradual progression is downwards and will try to help things along by posting all sorts on any type of forum. They are trading the news and decay cycle. That is why there is fury at the assays being 'held up' which is slightly correct. Poulden understands this market dynamic. He got his housekeeping done under a healthy shareprice which traders grew weary with then started bashing. Bashing would have started regardless of assay results. Delaying it stretches and flattens the shareprice....

Bashing and a decaying shareprice causes real fear as folk 'lose' money and it feeds a doomloop cycle.

Remember the deeper the pullback the higher the rebound. There is almost too much attention on this stock and everyone will want a bit of breccia gold if these assays come back they way I expect them. Looks like Ed Mead and Poulden does. Next years drilling program is to be much bigger with an access track to 'expedite' things (sorry). We should know in the next few months, weeks, days or years....(sorry again, couldn't help myself). Definately hours away from first assays....😅

Arch

This is going to absolutely scunner folk if these assays are as good as the cores look.

With a dozer+ grader, flat with light scrub. 30km access track will take less than 2 weeks and cost circa $60,000. Not millions being spouted on here.

What will happen to the sp if the first batch of assays with the breccia mineralisation return grades similar to Havieron's HAD005?