Member Info for BlackHopper

I also suspect Mr Bunn was given some assurances regarding Georgia to get him on board.

REALLY good progress at EEE as POG sits just below $1900 and consolidates...

Remember Crescat Capital $3200 rising target for POG in Feb? All is still in place... with bels on!
https://www.crescat.net/may-research-letter/

Imaging what a mid $2000's price would do for you Gold miner stocks.....

Ok. Calm down now ;-)

Latest Eclipse assays due and I suspect ONLY the lab wait times are holding that RNS back...

From the RNS:.....well funded for further exploration and project development works at our Eclipse Gold Project; for the initial work programme at our Central Menzies Gold Project; and, if justified, also funded to exercise the option at Central Menzies. I and the rest of the Board look forward to supporting our new MD Shaun Bunn as we develop real value through our assets in Australia."

Development work.... at Eclipse... Toll Milling=Gold=more dollars to go back into Eclipse AND fund new exploration at Menzies.

$$$$ lucky dogs buying sub 3p.

Anything under 4p a bargain. Management have options at 4p and 5.5p. This is a SCREAMING BUY.

I see SOME of the geese woke up..... there are some much bigger flocks nearby... they tend to take off one after the other.... ;-)

All of which just shouts 'what a bargain' the SP is now. The current price HAS NOT factored the big Clarke intercept in and it's potential extension north and down. ANY other positive hit makes the MCap move from 'silly' to 'crazy'....

So whomever was talking about 'topping up' at these lows was spot on. I have 'eyes on' that is for sure.

The ducks are lining up here.....

Or rather the geese are quiet and a bit asleep... but when they start up, the noise will not be something you can easily ignore.

RNS next week? I’d say the odds were high to bolt-on.

How big is the Jack’s Dream stockwork mineralisation and how many ounces will the diamond drilling add to the initial 6700 in the Eclipse shaft zone?

Work underway on new licence.... new MD off and running... toll milling slots booked ?

Have a lovely weekend !

Shhhh someone is bagging a few of these bargain babies on the QT

... and all with a rising gold price... $1900 plus and you can just 'feel' the market getting ready for a spike over $2000... hence the 'mini Gold Rush' in WA.

Miners in WA are going to make A LOT of money over the next few years. Labs at full tilt and licences getting snapped up.

Hence Empire's early moves... exciting... 10p plus in the next 6-12 months

Not from here it ain’t Sunset!

I have enjoyed the desperation of the derampers in these late Friday afternoon posts. Very much a positive when people do this.

Lots of transformative news to come conjoined with a higher gold price. I feel so bad about that...... NOT

Thanks Burton!

Great listen!! Very exciting times ahead and all funded without any ‘sweat’. Sweet....eh Kongo ;-)

Eclipse economics were good at $1700.... much better $1900 plus... though expect nearer or over $2000 for most of it...

POG $1894... push baby, push ;-)

100% agree W

I agree BCB... because Gold is undervalued... and it cannot stay that way.

'Goldman forecasts that its value will continue to grow in the next twelve months from $1,836 per ounce on average in 2021 to $2,300 per ounce in 2021.26 Oct 2020'

loads of other forcasts for $2000 plus

Buy you bargain shares now folks!

2.5p today.

Once they are gone, they're gone.

Roll up, roll up.... etc

R I D I C U L O U S

Surface prospecting has occurred intermittently on all four licences, with areas being cleared along strike of historical pits and along strike of the Yunndaga Shear Zone. Rotary air blast ('RAB') drilling was undertaken in the mid-1990s, but more recently reverse circulation ('RC') drilling has been completed in the tenements. However, to date no geophysics has been undertaken.



A suite of nuggets was discovered totalling up to 20 ounces in a pushed-up area approximately 40 to 60 centimetres below surface at a laterite/calcrete interface (M. Dalla-Costa, pers. comm., Figure 5).

.... so maybe Geophysics first....

It was quite concise but he looks perky and dynamic. he is back on Home Turf so will know the area extemely well.

I am more than happy with that. I did not get the impression of someone turgid who is going to sit on his hands and fiddle about.

I think we will find a whole lot more about Eclipse in the next couple.

Not sure how much existing data they have on Menzies but imagine they will do some rock-chip before planning initial drilling....

· The locality is underexplored and is directly south along strike of the 15km-long First Hit - Yunndaga line of workings which had a total metal inventory of 1.1Moz of gold.

· ASX-listed Kingswest Resources' Menzies Gold Project, which virtually surrounds the Project area, has current total mineral resources of 320,000oz @ 2.1g/t Au.

WHEN WE GET a couple of hundred ounces... no-one will be moaning !!!!!!!!!!!!!!

That is 600 MILLION USD in metal value.

Some way to go mind ;-)

Warnz, I have been out all day and not posted as busy. Saw the RNS and was VERY pleased as were many others and not surprising really. It is what we were promised and is exactly what Empire is about!

I can see there is some 'classic' de-ramping going on but for the SP to drop someone must sell. They do so on the expectation that there will now be a hiatus before any new developments giving them time to get back in lower. They hope. They also 'hope' for a placing.

Someone has correctly pointed out that if you sold at 3.9p a few weeks back then that has turned out to be a good move BUT.... you have correctly stated that the initial JORC was a base case 6,700 ounces for the Eclipse shaft area only and should be scaled up based on the 300M of diamond drilling just being done/already done in the current exploration works.

This area would be mined first before the hoped for second pit of a very different nature around Jack's Dream. Here the mineralisation is different and the intersections wide. If the new RC finds more of this 1.4g/t then the overall JORC number could rise significantly. The whole point of a project like Eclipse for Empire is to get the ball rolling so to speak. So early ounces can fund further development at Eclipse and further revenue then can be fed into the work at the new prospect. It would be a rolling process but with existing management heavily incentivised with options at 4 and 5.5p, lots of dilution is not in their interest.

The new CEO has all the experience required to get going on Eclipse.

However, it cannot be ruled out of course that extra funding will be need via dilution...

I may not be an 'old-timer' like Kongo but his/her post earlier using the 'they never finish anything' was shameful. At best. The situation in Georgia would not have been something they wanted. It has absolutely nothing to do with the activities in WA. Progress at Eclipse has been swift and drilling successful. Let's see how fast they can produce some gold ( nice price environment for it!) and if they do not... then you can have a pop.

This licence option looks to have been time critical and so they had to act fast.

I have not had time to read a lot this week but the new CEO is barely in his seat and we have action. I think this bodes well for the rest of this year. Let's get that 10p level tested Q4 !

ATB BH