Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Ssseee, in two years time, when the SP is about £8, you'll be asking why the hell the BOD is excercising options at £1.65 if they think the SP will go up?
Many successful junior BODs are paid pennies in salaries but have attached options in their contracts. It's a pay on performance. They've done well from $0.44, now they have to do better to make money on $2.84 options, all for their and our benefit.
For some, this is a Santa play. Each for his own - I am waiting for early Feb H2 results which should include Q4 update. If it shows that the company is making money, we will multibag instantly - MMs love profit making companies.
Good call, Trek, well done.
Todamoooon!
Thank you, Glen. I suspected that Friday's price action in Canada had nothing to do with GDXJ or company fundamentals but was affected by last minute, 15M share, trade. TR1 incoming?
I can't see PUR (PGM) on the GDXJ fund list. Not bought yet?
https://www.barchart.com/etfs-funds/quotes/GDXJ/constituents
Once cash flow is established, little share buy back scheme would be great.
There have to be a massive buy, will be shown in after hours. Looking good!
If any T/O, it's going to happen between now and Q1 results.
The difference is that PUR is expecting massive uplifts with or without GDXJ buys wheres GGP is getting close to be fully valued for some considerable time. My twopence opinion.
Agree, Graking. Impossible to get spiked here.
This is just a start, it takes only one hit and we are flying. Some excellent prospects there.
https://www.castillocopper.com/three-core-copper-pillars/
From another website.
"Mount Oxide has considerable potential as a low cost near term development project. Mount Oxide is located in a proven mineralised system in the highly prospective Mount Isa region and is part of Perilya’s 720 square kilometre tenement holding in this area. It is close to existing infrastructure.
Within the project area, Mount Oxide mine produced 51,000 tonnes of secondary copper ore at a grade of 21 per cent copper from an underground mining operation to a depth of 90 metres below surface, prior to 1958. Between 1968 and 1971, an unknown quantity of ore was also extracted from an open pit at the mine.
The potential of the deposit was proven by previous shallow open cut mining and the resource is open at depth. Mount Oxide is located 25 kilometres from an under-utilised processing facility and close to a major mining service town."
Many on here calculated future SP at 8x of the current price and most likely next year will deliver biggest rises towards that target so £5 is optimistic but also very real. GLA.
Good idea but IG doesn't let me. I get the message in both, ISA and Share Dealing, accounts that 1000 sale order is too far from last trading price. How do I explai them that this is actually a blooming bargain price?? lol
Had a look at ASX last trading session, very heavy sales and the SP did not move a bit. Can't help but to think that someone is loading big time. Any thoughts?
Thanks Positivevibes.
It's good enough for me to know that this BOD owns good resources and is known for building mines.
Also here, quite high entry a couple of days ago but managed to average down this morning so back in profit.
We are fully funded for at least next 7 months. Apart from someone reducing holding which would have already happened, I can't see any troubles looking ahead. I am chilling on a rare day when all my 9 portfolio stocks are in blue.
Exactly.
This is not another explorer with potential resources, potential mining licence, potential FSB, potential JV, potential mine builder (for free of course). We are ALREADY PRODUCING commodity that is in world shortage and we are valued below those above. Crazy.
Forget zillions of II's that are out there. It would only take a couple of current EUA shareholders to buy this company outright and at the premium.
Yep, 150 resistance will be broken. Not surprising given GDXJ index and first pour news. Say goodbye to 100's while you still have time to do it.