Member Info for bonker99

Nervous perhaps but he shouldn't be.

$1,795

Keep em peeled :)

And I should think so too :)

So - the chart then - a lopsided Inverse Head & Shoulders with the head at the 17p bottom print today, shoulders at 22-23p.

I.E. shock , horror a c28p target.

Moving averages - quickly climbing MA20 at 18p, MA50 going sideways at 18p, slowly dropping MA200 at, yes, c22p.

Drop the right news in the coming days/weeks and it's a Golden Cross in the making somewhere above the current price but they can drag this sideways for a while yet of course.

It isn't so write it off and add it to the base 28p valuation here based on Dugbe & Kouroussa - assuming the Gold price doesn't move up from here of course otherwise that 28p starts moving with it and leveraged up the ying yang to boot based on the PFS/DFS NPVs Gold price sensitivity analysis.

Everything above $1,775 Gold adds to that 28p ...

$1,792 as I type.

Understood but I know with absolute certainty what Kouroussa & Dugbe are worth and as I said a couple of weeks ago, you can write Yanifolila off at £0 and this is still worth at least 28p.

Cassidy were given 28p shares for Kouroussa for a reason, yes?

Don't get mugged off by the usual AIM nonsense here - the money guys know as well as I do what this is worth at the current Gold price.

I know, that's another fabulous strike and open pittable to boot.

No idea on Xmas - if they can pin her to mid-teens between now and then they will do but at some point the value on paper - even at PFS/DFS stages on Dugbe/Kouroussa at the current Gold price - will meet the money buying here at 17s.

Maybe the next RNS is a TR1 saying the "seller" is completely out - they don't have to do that of course but they may - again, who knows - new/bigger resource at Yanifolila/SE, LoM extension etc, anything can happen from here to boing it back to 20s.

It's worth 28p+ on paper, period but if they're going to continue to use Yanfolila to manipulate the SP then who knows how long we'll be around here but someone's obviously taken some thumping sells on board at 17p and I can't say I blame them - Kouroussa & Dugbe are enormous cash generating assets and they're all bought and paid for ...

Probably :)

Who knows.

Maybe.

I would think most people would be expecting a red weekly candle on BTC next week - it doesn't usually post more than four in a row.

Tough call now.

That's the problem isn't it.

The paper value of the assets is far higher than here but HUM have just stated that they're back in debt on a terrible production/AISC quarter so what does the "market" do in the meantime?

Your guess is as good as mine.

I think you have to see it as the money guys wanting in - hence this BS update - tough call now guys, pick up again at teens or leave it alone for six weeks ahead of the January update.

I wouldn't blame anyone for bailing or picking up - no way to call how this goes over the next month or two.

Morning.

Still absorbing this - gold pushing back at $1,800 as I type - a lot to unpack here.

A million shares traded on both ADR & OTC (US PIs) today - that's way up.

It was a print/trade rather than the bid/offer going down there :)

May help pull BTC back a bunch more though - probably the reason for it - it's all constructive from here.

VanEck wants in next week remember ...

But now it gets interesting ...

https://twitter.com/bonker_99/status/1451217714115190784?s=20

Nice U/T - ATs still at it after the close - tomorrow should be a popcorn day :)

Nosebleed drop - tomorrow should be interesting ;)

What a drop - fingers crossed that's it :)

All part of the game :)

Needs to turn now :)