Member Info for British_Mike

I bought just after IPO watched it climb to over £2 and painfully back to 16p... nice to see over £1 again

Indeed and banging on about the Oracle / MobileMT tweet (that was 2 weeks ago) wsbn succesful discovery at RS... reading it as gold discovery. Lol, all it means by successful was that their data helped wsbn find the middle of the dome. Their data was useful before and after the breccia pipe was intersected so wsbn geos could work the maze out best place to drill next - that was wsbns discoveries to date regarding MobileMT scans, nothing more nothing less.

Thanks Freezer11

ID78 no they not drilling hole 2 which is cased about 500m down. They are drilling the centre of the dome - the new hole 2 from surface. So they are now doing a 1000m+ drill with no assay results from the hole 1 they just finished (for now)

Why are we now drilling a new hole into the centre of the dome? Surely it was cheaper to drill the original hole 2 deeper until we get assay results from hole 1. If there's no / trace gold in hole 1 we are wasting money drilling the centre of the dome from surface. At this stage the core photos and DL flying out to meet geos mean nothing - this all happened in 2023 drilling of RS. The sp went from high teens to .18 pence after the hype. We nee to know assay results of hold 1. Kavango Resources prime example. They drilled feeder pipes and found trace minerals but when they drilled the main ore body it was non-mineralised even though the feeders to the ore body were promissing during shallow drilling. If deep section hole 1 is a duster then we should save the money for a new prospect. You don't see oil companies popping holes anywhere without seeing results first. All this hype of a monster discovery is just excitement based on nothing untill the assay results are published. Make no mistake,I want us to drill the centre of the dome but hole 1 assays would tell us if pursuing the 'new' hole 2 is the right decision. It's great though that wsbn have asked for expedite assays. If hole 1 is good gold grades then yes smack one down the middle and get a second but we are drilling blind at the moment. I guess wsbn know this hole 1 will make or break the company so have gone all in.

Lesh8 - The first drill at RS was nothing much as they not drilled deep enough. The same happened at Haviron, the previous owner drilled shallow and the sold the licence to GGP who then tried drilling deeper. The rest at GGP is history. WSBN know from Haviron that they need to drill deeper after proving up hydrothermic system during shallow drilling. This time round they entering the deeper ore body and hit a feeder pipe on the first deeper hole. All about the assay results now.

Wouldnn't read too much into big 3 meeting next week. You can't tell if there's gold until assay test (so the meeting is before results known). Remember Kavango - Ben flying out excited after finally drill bit entering the massive nickle ore body... ended up being coke

Any other company releasing RNS's like the last two there would be interviews with Proactive Investors etc. Take it this Ed Mead or wsbn don't do interviews this time round at RS. Or maybe it's because there's nothing much to discuss until assay results tell all. Colin Harrington at ZPHR gives interviews at every stage of progress etc.

Out of interest - they had drill pipe for 750m but called it a day at 777m until more drill pipe arrives. Where did the 27m of extra drill pipe come from?

Lol, if wsbn have decent gold grades they will end up buying ggp and the telfer operation out. Red Setter is massive if the grades are good. Too early to call at this stage.

First Resources are about to drill 800m to the top of their dome... so RS not so deep now is it. If the grades anything like GGP then RS is 5 times bigger

I've held MKA for quite some time and like how it's progressing. Yesterday I decided to sell all my dog shares from failing stocks and over double my holding in MKA at 43p. I figure my dog shares were getting worse by the week - just a 5 bagger from here in MKA would get my lost money back. All a gamble, but I was losing anyway with those other stocks 80%+ so worth the extra risk here. Good luck all.

The top of the dome is 800m down (maybe deeper if the drill shows the initial data is wrong). Talk on ggp and wsbn is that past 600m top of dome is too deep unless gold grades are massive

Lol Casper, I take it you're new here.

Last time they drilled red setter there was talk of two drill rigs, tweets of drill cores showing what looked like gold and the sp was about 20p. Then after all the hype there was suddenly nothing from wsbn about red setter for about 2 years lol and the sp dropped to 0.18p.

These current tweets mean nothing to lth's - most here are not expecting much as we have been here before and await a slim chance of success here (at least in the hands of wsbn with their track record).

Thanks

Zzzzzzzzzz what's going on here - my worse performing stock by far. All the talk by the bod... not much walking though!

If RS target is deeper than any previous drill (according to DL)... why has it taken this long for that conclusion? They first drilled RS and kept quiet about results. Diamond cores snd second rig - all that cack. Years of nothing and suddenly the gold is deeper. Wow, so they never raised funds at 10p to drill deeper and watched the sp collapse to a tenth of a penny after zero activity past year to raise £700k rock bottom to suddenly come out with such an amazing conclusion that the gold is deeper. I'm getting my popcorn ready for 2025/26 as I watch my £100 grow back to £12k. DL is such an amazing guy, I wished he told RP the great news at 10p a share when RS was "forgot" about

Well I'm hanging around to see if WSBN can turn my £100 back into the £12k it once was a couple of years ago. Sarcasm intended.

AS91 I rememver the early days after drilling when PRE were simply going to mine the ore and send it off to China for processing asap and start paying dividends. Instead, we have a complex and expensive start up cost with much higher drawn out risk that migt never start.

Goldwish - As I said before, surely you never believed ENGR were going to help save WSBN from their mess and make WSBN holders rich?

Just like the great American gold rush - the only people that got rich were the one's selling the shovels. WSBN directors are the ones selling shovels and PI's are the ones buying them