Member Info for breaktwister

They are both saying the right things "not interested in JV for Pepas", "we would be mad to give up any of Pepas". Exactly right, talking up the value of the project and ensuring no low-ball JV offers.

For the technical analysts 7-8p was the top of the range for nearly two years from late 2018-late 2020, during that time it tested the high 7s a few times and retreated, then when we finally broke the 8p level we went straight to 45p in a matter of weeks! Obviously things are different today with warrants issued etc but still, I like to look at the long term technicals. This analysis was from the monthly chart. If we "gap and go" tomorrow over 10p, which is entirely possible given the after market webinar, then there is no historical resistance until 16p.

Aaron, I don't have the data at hand so I am going from memory. You raise good questions, I asked these also and would advise that PEP16 has not stepped out nearly as far as PEP08. Some 100-200m difference (happy to be corrected). The possibility of having another mineralised area deeper down is exciting, but drilling will be more expensive so a double ended sword. MMA did not find anything deeper. PEP10 and 11 were drilled to the North I believe and nothing found. I have raised a webinar question as to potential to the East, I don't know how far away the cliff edge/river is to the East but it seems that area has not been targeted/tested.

Karl, that is an awesome find, I had no idea Bob had visited and written this article. Thanks for sharing.

OMI.v

MMs trying to hold this back as they know Monday will be FOMO in advance of the webinar at 17:30 - I hope everyone is registered for that, it will be a banger! I expect Brad will talk about further drilling at Pepas, and more importantly what needs to be done at Apta to bring us towards a maiden resource estimate. We are still under the radar here surprisingly, but once formal resources begin to be proven the market will wake up.

Surely these guys would do better if dual-listed on TSX at least? I have to say I have dipped the toe in here as somebody must be willing to take this project off their hands if they cannot get it up and running themselves. I am busy today so won't have time to do full research but can anyone tell me quickly if these guys are planning to drill further or looking to build a mine? I see that they produced a PFS in Sept, I'll look at the detail later, does anyone known capex offhand?

Worth a punt given Trumps recent comments regarding lifting barriers for US-based projects such as this.

When the Ukraine war kicked off there was a lot of noise about fertiliser shortage, I needed fertiliser exposure so looked at a few companies and bought in here. Lost 95% of my investment and I see that the other fertiliser companies have done just as poorly. I guess the media coverage was to suck fools like us in so the bankers could dump their stocks? I have no other way of rationalising why fertiliser has been such a terrible play in recent years. Happy if anyone can explain?

We all knew PEP14 would be a banger, we could see it in the 3d video! I hope they have some news regarding Apta resource to share with us next week. Even if only a small initial resource, it will set a floor at a higher mcap.

Market makers are beginning to realize that long-term holder who held and added through the painful 2 years of MMA exit, will not be selling cheap at this stage, I will be holding until we get to see how economical a pit mine is at Pepas (very). There is at least 500oz there I am sure which is $135million of gold that it seems can be extracted by a team with picks and shovels if desired, so minimal capex. Should be at 20p already imo.

PEP14 looks like high grade from surface again. PEP16 is ultimately going to be the one that sends us through 10p if it comes back good. Unfortunately I have other work on so cannot check right now but does anyone know the orientation of PEP16 in respect of the step out dusters that Agnico drilled previously? I cannot remember where they drilled, if it was to the West is PEP16 to the east?

It's 10x undervalued my man, wait and see what happens. These results are only from 1 target, there are 8 known targets and applications are in to double land holdings. And that is only at Apta, we have another with high potential in Argentina that Newmont is supporting.

Very noice

A lot of 100k buys, something that did not happen before recent conclusion of MMA exit deal. I wonder how much free float the MMs have?

Seingred, I don't know about Condor so I cannot comment on the value of the project, but was their 3g/t from surface? If so, good for them.

Concur fully with DrR. There are no more high grade from surface projects in the range of 3-5g/t. The market will be forced to pay attention soon.

Very interested to hear that Brad thinks that the deeper mineralisation may have just slipped a bit. That is a good problem to have. I expect the meeting on the 16th to provide a plan for resource estimation at both Apta and Pepas. Of course, much more drilling needed at Pepas but share price should break out soon which will allow warrant holders to exercise and drill campaign funding to be raised at a higher mcap.

I for one like the new social media approach. What a change from 2 years of silence and very painful share price depreciation. This is Brad's last hoorah, hopefully he can retire a happy man and help us holders to do so also.

I have been a holder here for longer than I care to remember, but this type of volume and large buys I have not seen since the original MMA JV annoucement. Someboy has bought 3m today shares which is 1% of the company (roughly). There are a number of holders on this board who hold similar amounts. I cannot see MMs having much free float here. Maybe they are banking on warrant holders selling now they are in the money and have made a profit?

I have not seen higher grade from surface in the last 10 years. 66.75m @ 5.64g/t Au from surface? The economics of an open-pit mine at Pepas will be stupendous.

Market waking up:

https://www.sharesmagazine.co.uk/news/market/1732795890077746800/in-brief-orosur-mining-completes-acquisition-of-anza-gold-project

https://investingnews.com/top-tsxv-gainers/

I would add (iii) a JV (iv) some other company buying the whole thing at a significant premium. We still have El Pantano.