Member Info for British_Mike

Reggie
Although the cores are looking good, how do you come to the conclusion WSBN have hit the jackpot?

Do you know what 'fools gold' is? Fingers crossed there's gold when tested in the lab.

There's a saying "People like to see you do well, but not better than them".

Does the recent news that Dominion (private company) have bought the state oened (neutural to all competition) pipeline ZPHR want to use?
Seems to me Dominion could have ZPHR (competition) over a barrel if ZPHR tries to grow too large? Just CH tried to make Dominion owning the pipeline sound positive thing - yet looked written with little excitement to me

Yes maybe 1plus1

Indeed. Although I'd still like to know what was drilled at RS im December 21 where Twitter photo showed rig at RS drilling.

More unclear after latest RS update as currently on
hole WRSDD0003. Hole WRSDD0002 was drilled prior along with WRSDD0001 - the water well. So it looks like noghing was drilled in Dec 21 or no mineralisation so chose not to report and now drilling new ore body? Just leaves a slight unknown about the whole RS where we are at

How can they guess it's gold just because it looks like gold? They need lab tests first to confirm. Guessing would cause a sp fake spike.

RS is a big deal - they need to be careful with wording.
There's 'mentioned' visible copper at Halo as nobody cares much about the side-show! RS is where the market takes notice :-D

Great work getting a second rig at RS for 10th August! Great work WSBN :-)

Cookie - and searching for a second DC rig :-)

Scipio - I'll happily wait 12 months for a 50 bagger thanks.

Looking good at RS, the diamond cores are brilliant so far

WSBN made a big deal of visible copper before assay results. Where's the RS "visible gold" update after 5 weeks of drilling, oh, and "restarted" drilling at RS so that's 2 months+ of drilling at RS and no mention of gold so far.

Remember the RC drilling can only go to 150m so scratching the top of the RS ore bodies... have they then diamond core drilled deeper? I hope do as Kavango (KAV) drillied to the moon in the KSZ quicker

PXC taken too long to sort Empire funding before the copper price and borrowing rates took a turn for the worse. Yes, no diluted financing yet it still has to be negotiated and bonds sold. Tables have turned taking an age to sort finance. Sp drifting as immediate risk grows daily

20's more likely than 40's by end of month after USA interest rate hike making bitcoin nose dive again to be fair lol

Wyndrum

"Is crypto actually going to survive as an investment class?"

Why not? More chance crypto becoming a recognised currency soon than the survival of the $. The $ has been over printed / abused that its days are numbered as a real currency.

"The first real test (market downturn) and instead of being an asset refuge its been the opposite."

So those who bought at $5 per coin before it went mad to $60k then down to $19400 (3,880% increase in value today) is not a store of wealth? Only mad people bought bitcoin at $1k+. Even if it dropped to $1k a coin it has still outperformed the USD

"It then raises the bigger question of what is the point of these currencies?"

The future once the $ collapses

"The wild swings cannot help it as an asset class. Its simply too risky. So then it needs to be regulated.

Once regulated what advantage does it have over other currencies?"

Undiluted currency to reset the world markets - this requires regulation first. El Salvador and Africa leading the way

Well that's good news then Surginator... fingers crossed

Not surprised sp is down. Went looking for gold-copper and only detected copper so far.

Nobody cares about the copper when we are hunting gold at WSBN. The Ravenswood Gold Mine means nothing if the word "gold" is missing from the drilling samples. Let's hope upper Ravenswood Gold Mine style area of interest pops some high-grade gold further along. Not looking good so far - sp proven that today.

Great news drilling underway at RS

Just have a question - If we are RC drilling up to 150m (todays RNS) and there's 30 -100 metres of Permian cover at RS... are we only drilling 50-120m down?

That is as deep as RC drill goes... yet the 10th August RNS states the magnetic ore body is just under 150m down. This means we at best scratch the top of the main targets. Unless they are diamond core drilling deeper strsight off which I doubt it. Any thoughts?

Still no drilling at RS yet then

I'm not surprised by the ZPHR sell off. Just inline eith the wider markets and although ZPHR is in a good place, it is not without fresh risk.

The Williston 16 DUC's - will they be completed this year should crude collapse?

Look what happened in 2014/15 - oil at $130 sunk to $20 very fast during a downturn. As the UK enters a recession the rest of Europe about to follow.

I'm just sitting this out hoping I am wrong and the market improves. Oh, and little chuckle how I mentioned at the time 16-2 paradox well was a gas discovery and was shot down for mentioning gas... atleast US gas prices set to rise now as the main shale gas plays have peaked and falling off fast ftom now on. The era if cheap US gas prices is over.

Kelatoni I'm with you on the "elephant in the room" regarding drilling at RS.

I've mentioned the 9th Dec RNS several times only to be put down by over excited/desperate posters likely over-invested balls deep and have predetermined in their head one outcome - another GGP.

However - the elephant stinks of something not adding up. Same responses about Rio and heritage sites and covid etc... where's that confitmed by WSBN?

I'm here for RS as a punt and invested way before 9th Dec RNS and was expecting some drill results about a month in etc. WsBN posted on Twitter the rig drilling at RS. Then we had the xmas break... fair enough.

Come New Year no drill results or RNS to say drilling restarted at RS. Bit strange and thought update come February maybe.

Yet here we are - 6 months later batch of RNS's to say site cleared, RS drilling contract in place, rig mobilisation and the commencement of RS drilling as if it's a maiden drill campaign. It's like 9th December drilling never happened. Yes, it says "restarting" at RS but to me that doesn't make everything fall into line. History can't be erased - what happened from 9th Dec to now for new contracts,areas being cleared and drill result from first few holes of the "cleared" pad site in December?

Yes, I read it.

"Richard Poulden, Wishbone Gold's Chairman, commented, "We are very pleased that drilling has finally started at Red Setter."

Image of the drill rig at Red Setter and nothing more in the RNS to say no drilling took place.