Member Info for breaktwister

There she is turning green now in Canada. The bankers really did a number on the mining sector this week.. Newmont was absolutely hammered after smashing all expectations, now producing FCF of $1.6b per quarter. It is crazy stuff that the miners aren't moving.

I just want to point out a few things that folks might be missing. 1) Even if Pepas 1 is self contained and they don't find any other gold, there is estimated to be 250,000oz there at a very cheap cost of extraction. Let's say $2000 per ounce profit per ounce. Everyone should do this math themself so they can see the number forst hand 2) I believe Pepas 2 is the dislocated continuation of the Pepas 1 basin thus extending the strike of what we know is very high grade mineralisation. 3) Apta estimated to be 1-2m ounces based on historical drilling and Brad believes there is much more there. Previous valuations were based on Apta alone with underground mining much more costly than open pit at Pepas. 4) Other targets at Anza, doubling landholding to 400km2 - that is a huge landpackage. 5) El Pantano.

This opportunity is one in a lifetime, only available for so cheap as the overall sector is in the dumps. That must change as the majors are throwing off cash and need ounces. No wonder Brad has been having non-stop investment meetings.

Dh243 - I never thought of it like that. I will need to re-think my whole strategy now, new rules, if the price of any given stock has not already bid to a $10billion mcap I will stay away from it - rationale there must be some reason why people havent bid it up and they are smarter than me. Maybe you and Marty130 have taken the same stock investing education?

Marty130 "As usual these companies that aren't profitable, can't sustain a share price" filtered this clown, he has no business investing in juniors.

Josepi, we have a few long term holders that will never stop hating the company as they bought at 40p and lost nearly everything on the slide to 2.5p. Then we have some new faces on the board that are trying to deramp to get a better entry point, these should be easy to spot for anyone with experience on these boards. Imaging crying on the board "Brad we will slide every day please do something" when we have a drill onsite and have just RNSd and major deal for Argentina in a very exciting area yesterday.

They might have drilled a hole or two into Pepas 2.

We should expect this to happen most mornings prior to breaking out to the next level (17p).

A gift, I have loaded up.

Anyone selling to this tree shake needs to think about how MMs work, they know there is a Colombia update coming plus interview next week plus PDAC, all within 2 weeks. They need shares at a cheap price to sell at a higher price, hence "oh look an RNS of spending commitments = tree shake". Easy when you know how they think.

NewboF - don't worry about it too much, it is just a way to logically split activities into phases. Technically, we are in discovery phase and that is what is driving the investment interest at present, but some parts of the Anza holding are in "exploration", likewise for our Argentina project.

HappyHaddock, sometimes being a failure lights a fire in a person. This is Brad's last chance to leave a mark in the world he has been working in his whole career. I trust him with the drill bit and it can realise significant value. But I agree with your comments re:the Rick Rule interview, he looked like he was sniffing farts at times.

MMs crapping themselves in case Canada runs them over again?

Spread now down to 0.2p, much tighter than usual 13.8-14p, must be a move coming.

Canada touched 17p equivalent yesterday. Very few sellers there. MM are depending on AIM sellers for stock. Well, good luck to them they aren't getting mine.

I went out for an hour then had dinner, come back to check my live trades and get a nice surprise. I wonder if this was organic buying in Canada or if there is news tomorrow and something has leaked? I guess we will find out, either way will be an exciting open on AIM tomorrow.

Just quoted for 600k. Feels nice to bait the MMs, they aren't getting my shares at this price

I am getting quoted to sell 500k, yesterday they would only quote for 300k. Somebody big is buying.

Some chatter on the ceo.ca board that TD was providing sell liquidity yesterday which would be warrant holders. I expect that is what happened this morning also as the chunks of sales were algo numbers, defo not a private investor. I am happy for warrant money to go to OMI, someone else mentioned here that they have added $25m in mcap for $2m spend, lets hope they can keep doing that!

What a gift this morning

The danger with trying to trade this is that the drilling and assay turnaround times are so quick, you could be out and miss an RNS. At some point, soon, they are going to drill a hole at Pepas 2: "Over 100m of mineralisation was identified at surface, with samples taken at 1m intervals over the entire length of the exposure. Assay results averaged 1.15g/t Au over 105m, with individual samples at times exceeding 5g/t Au". They are lifting high grade samples from surface. I don't want to be trading and miss a Pepas2 maiden drill annoucement.