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I was in this during the last spike. And I think this feels different now, it has progressed a considerable way since the news that caused that spike, and the facts remain about the asset. Very feasible chance of this becoming a bit of a runaway train this week. Definitely with the Reddit crew on it
Can anyone provide an educated opinion based on the images of the visible gold provided? To me it seems as though things are genuinely falling into place here.
Haha yeah. Weird though to buy such a small amount. Don't get it. Perhaps there are rules about director purchases which I'm not aware of which has restricted his ability to buy more
Does anyone know why TL bought such a small amount of ordinary shares?
Thanks for your reply. It's obviously going to be a bumpy ride...I'm sitting tight and adding bits
Disclaimer, I am not knowledgeable about mining. But it seems to me that yesterday's RNS was very good, in that it basically substantiates the reasons for the drilling. This notion of orogenic seems to be exacting what you are looking for if there is going to be any future for the prospect i.e. an operating mine. And theyve found it on the first hole...that's got to be good... right? Cause now the investigation can look more closely at where to direct resources to look for concentrated areas of gold or mineralisation. Perhaps they won't find anything decent, that's the risk, but one hole and proof of concept sounds like potential to me....
Thanks guys...put a smile on my face at least
Can anyone make me feel better about this share. I almost need this to bag to recoup my original investment which I had dreams of so many bags, but the bag seemed to have holes and my sad paltry investment is leaking through it, along with my confidence...
Thanks again. Noted
Thanks for taking time to reply. I'm in for long term but the more I can learn the better. Cheers
Is it common for the results to be published in batches i.e. after every 7 holes for instance. It seems TL is doing an adequate job of keeping investors updated via twitter which is good to see
What about Cameroon results. There only a couple of months off. Surely that is the game changer. Agree your post by the way, expect that there is other news to come in short term re Cameroon
What alts? Sorry to ask. I know you should only talk about the company on theses boards, but interested to know if you had a few choice alts to share....
Thanks MrP. Let's remain optimistic together then. I am way long on this, partially because of the price I bought in at, but partly because I've seen a few aim crap bags over the couple of years I've been tinkering badly , feels different with Orr...
Interested to understand why iamgold are keen to get going with this. Is this an assumption based on the fact that they spent a bit already. I don't know if there is anything from their side that has indicated keenness really, but strengthens the overall case if you have a bit more of a rationale you could share. Asking to learn
Agreed, one rig, 24 holes left, time to process, possibly may...be a few months for this one to establish itself to some degree at least. Iamgold deal still on the table. Should be fine. No loss unless you sell so, just hold if you have a target then re assess...
Finance is being done yo. Why y'all trippin? Nobody guaranteed it would be 2-3 weeks...stay up dawgs
Come one Angs!!!! You know we've got that money. Dollar dollar bill y'all...welcome to the profit party everyone...wahoooo...oh hold on, no!
Thanks for taking time to respond. I am hopeful that news will be positive but realistic that it might well not be. I feel like the delay is a concern, should have been January, now 2-3 weeks, still nothing. A small placing could indicate just tiding them over until the deal is done, or perhaps not wanting to scare investors at this stage that the deal has fallen through and the money was needed for the next failed dream... possible
Yeh quite possible, I will just lay it out there debt financing and aim and all this is new to me. So much I don't understand. I only have a small amount here so don't mind riding it out. Don't quite understand the motivation behind the placing...