Member Info for bsg4

I think the only thing that will save us from the infinite loop of placings and drilling is a JV but then we'll need something that's worth a JV. I don't think they have anything ... yet.

The early worms get caught out again.

Do we have something like this?
The unique characteristics of the Gunnison Copper deposit make in-situ extraction possible. The oxidized copper deposit is located below the water table, a rare geological occurrence that exists more so in Arizona than anywhere else in the world. The deposit also is naturally highly fractured and most of the copper is located on the surface of the open fracture veins, providing all of the necessary conditions for in-situ recovery.

Typical THR trying to put lipstick on a Pig. 0.4% is probably the minimum exploitable grade for a copper.

I think some of the malaise in SP is some think there will be another 6 month extension. I don't think it's so rosy that Rothschilds are involved as they'll want their pound of flesh.

The 2,000,000 sell hasn't helped.

You got to pound average on something like this IMO. Going all in in one go is foolhardy.

There's always such energetic selling on this share.

Trouble is Rothschilds will try and force a low ball offer through to get their fee. It's looking like a low ball offer. All these buyers down under 6p will be looking for a quick buck. IMO.

"This confirms the significant exploration potential". Good, more years of drilling and placings. Good for the BOD. Not so sure it's any good for the investors.

There must be funding worries about. IMO.

It's got to be win, win, win here. If AA make an offer, it's a quick buck. If it's a JV it's a slower bigger buck. If they go it alone it's an even slower, even bigger buck. IMO.

I know some of you say they're fully funded but in the past that hasn't stopped them placing. As the price is getting low, I imagine a typical THR discount placing is on the cards.

MP, I hope you're topping up, at these rock bottom prices?

Also the odds, against them of finding anything worth while is huge. IMO.

I imagine the sophisticated investors flipped for a tidy profit.

Buying below mid price is brave IMO. As there could be another price drop on the cards.

I'm just counter acting the rampers. I've seen it for a decade or so. The big question is have they got anything worth mining. So far they haven't. They've bought cheap claims, so they can be keep themselves in a job. IMO. As to predictions, back to 0.6p if nothing comes of their latest drilling campaigns. We've been lucky to get some funding from Aus govn, otherwise they would of placed several times.

Bless my soul, under 1p again!

MP hope you sold on support?