Member Info for BlackHopper

GDay folks.... not long now! REALLY.

Claire, I do hope you are right, irrespective of the profit it will be just super to see RBD break 2p and listen to the commentary from Persi and RNST. I would enjoy that ever so much.

Jab tomorrow so I can enjoy EWT with antibodies!

Nice one! I expect you have timed it well as per.... this long radio silence is certainly intriguing.

Did you sell a couple of digital coins? (joke)

are those your buys at 2.58 yesterday perchance??? BCB I mean...

Gold over $1750..... economy grows more but interest rates kept flat. Gold better than cash or bonds ....

you are feeling a bit annoyed... rest assured you are not as down as this poor fellow. He could not have done that with GOLD!

https://www.bbc.co.uk/news/technology-56402378

If Elon want to give me gold, he is welcome to however.

I agree Donny. Well done on KOD. It was a share I was in a long while back at .3p..... slow burner or what!!!

You could now bring you hard earned over here... you lucky fellow ;-)

Summary......Gold (in allocated form... ie you actually have it in a vault) is as good as cash. Doh!

Do Central Banks consider gold a good idea? Oh yes they do! Over the last decade they have been buying it hand over fist.. since the last financial crisis.... and they will be grabbing more as this year proceeds...

https://www.youtube.com/channel/UCBUqGiXIR5fz83FtqRSOq3g

Gold, Basel III and International Banking

A bit dry but it's why Gold is golden ;-)

Note gold holding above $1730 as Jerome is about the business..... US seems reluctant to trash gold just now... they know that it is 'all over for the 10 year note' to quote GoldSilverPro's

I do like that line.

'it's all over for the 10yr note' keep saying it. You'll get to like it.

Meanwhile we drill nice funded holed to outline maiden JORC and gain the required technical knowledge to mine Eclipse. CEO pretty please! (4p on CEO news... just saying)

Russell, every tick down of EEE SP makes it more of a Strong Buy... simply put. It's well oversold already.

https://www.kitco.com/news/2021-03-16/2-bond-yield-would-force-the-Fed-to-act-and-that-is-good-for-gold-price-Chantelle-Schieven.html

We will be producing gold from Eclipse in a rising gold price environment Q3/Q4. hence those options.

My target price 8-10p

JORC spike 5p plus. Could have a 100% couple of days. Watched KOD and WRES do similar on F all (debt related both). This baby is volatile as we have seen but the MCap is the clue and it is not sensible.... at all!

I guess LS because people/someone are/is selling them in volume. Gold price is fine. Project has not changed. RNS today confirms fully funded next stages.

Go figure. Opportunity knocks. Gift horses etc

Lol, just read the RNS. MS obviously felt the need to spell that out to the market... just in case of doubt...

F U L L Y F U N D E D for next wave of work.

Translation: Fully funded through to JORC.. mid April? Sooner, later ??

No diamonds yet though (joke!)

Lest we forget.....

Empire Metals Limited, the AIM-quoted exploration and resource development company announces that the Remuneration Committee has agreed to issue options over a total of 21,000,000 ordinary shares of no par value in the capital of the Company ('Share Options') to Directors and a consultant of the Company. The Share Options will vest immediately and will expire on 31 January 2025. The exercise price of the options will be as follows:

MS, NoB and GK all took option as at 4p and 5.5p in lieu of salary.....

2 months since Barns Assay RNS.

Surely they have ben up to things in that time.

Big RNS due......is it too soon for a JORC refresh....;-)

Jezzoo, no worries. It's actually useful to post a description of the differences as there are a lot of confused posters (not saying you are) on many BB's who compare companies that are not alike, even if they could be thought of as being in the same sector.

I get you frustration if you have any. I think the recent pull back is overdone. I'm sure you are right in that 'the market' read yesterday's RNS as 'nothing to see here for a bit'. They may be right, but two critical pieces of news could land at any time. Those being a) new CEO and b) Georgia Sale completion. These items are hard to time but either or both will have a very positive effect on sentiment and the SP.

EEE is now a Strong Buy for me. If you want my 'annoyance of the day' it is that I am not in KOD having watched it wallow for months and months. Loads of uncertainty there but the vibe has changed. Our 'vibe' will change very shortly I believe....BH

Jezzoo, SOLG have a MCap approx 50 times that of EEE

They have over 15 big licences all across Ecuador. Lots of costs, employees and POLITICS.

Their flagship Alpala project will require MAJOR geophysical and engineering studies (Block Cave mine, massive, deep!) and billions of dollars of investment to get into production. It will take years with the grey area of finance/debt that surrounds that, thought the resource is HUGE.

Apart from your simple 'holes' comparison there is pretty much NO similarity in project or scale. Totally, utterly different.

This is why I say a comparison between EEE and SOLG is basically dumb. Not saying you are, but it is a very poor comparison. SOLG will not produce any copper or gold for years to come.

Eclipse will be a small but low capital cost gold mine suited to EEE as a project to 'get the ball rolling' after the long Georgian disappointment. EEE will be looking for another follow on Gold deal I have no doubt.

The value released from Eclipse has the potential to triple the MCap here in the next 6-18 months and feed the company for further progress. The hole drilling at Eclipse is basically done. Just some final infill and metallurgical boxes to tick.

That's my take. All timed beautifully in an already high gold price environment that is set to go higher and hopefully to new records later this year.

ATB BH

Hi all. I agree that much greater volume will be required to lift the SP. EEE was Doc Holiday's favourite in a New Year stocks of 2021 special in late December. This due to the prospect of rapid progress on a small but shallow, high-grade, open pit mine in the best Gold jurisdiction in the world.

The recent hard pull back has no doubt eroded some confidence among PI's and left some head scratching. Always the way.
But we have sub £10m MCap and existing assets to sell plus a JORC promised for a few weeks hence.

We have no need to process ore on site with lots of nearby facilities.

We have a proven track record of rapid drilling and assay reporting and management options at 4p and 5.5p and a vendor who was part paid with 4.7p warrants.

The shares are CHEAP. No other way to put it. They may remain cheap for a few days or a few weeks but the clock is ticking and plenty of watchers will be waiting in the wings. As time goes by the fear of missing the boat will do the necessary.

Now I'd like a second RNS with a good competent CEO please! ATB BH

Just checked the BB and see you have referenced SOLG in relation to EEE!

Would you like to 'flesh that out' for me because I can hardly think of two miners in I suppose what might be called the 'minor space' (so not BHP etc) that are more far apart. Just keen to hear your logic....

the key part of your post being 'the extremely low market cap'......that will be set to rise!

Careful Jack! They'll read the BB and have it off us under our nose! Absolutely ridiculous MCap but nothing surprises me these days.

It's a bit annoying but that is all it is. I am fascinated to see what transpires. Also fascinated to watch the POG this year. H2 will see a new record in my view. Bitcoin cannot have all the fun.

I do not think we will sell the project. I think MS is looking for a practical guy who can set up a mine. We will need some cash, but not loads to start of with. for a shallow open pit with little infrastructure and offsite processing.

The headline JORC number is one of the key pieces BUT the amount of gold in the top levels is key for me. get's the ball rolling and early cashflow. this can be used to help fund further, deeper underground mining. i also think they will buy another licence. They have alluded to this.

The share will get traded like they all do but a double figure target s definitely the target here. The seller of eclipse has warrants at 4.7p. The new CEO will get option like MS at 4p and 5.5p as part of deal. just you watch.

Buying sub 3p is SAFE AS HOUSES and a lot safer than a digital based currency IMHO.

Stay relaxed and don't worry about the blood clots (seriously... 37 cases for 17 million jabs.. no logical link... 2 in a million.....you might also win the lottery... my brother had PE (pulmonary) all on his own from too many cakes and pies... still I'm sure they tasted nice)