Member Info for BushyTailed

Long term lurker, first time poster... Finally dipped my toes for a few at 92.8.

Thought why not as it's at covid lows, decent retrace or captulation, fingers crossed for the latter

Agree Anon...There's a huge Mali discount. Can't see the current situation lasting very long, although the last cold war went on for 44 years.

Kor completion is a huge derisking event imo, hopefully the market will agree.

https://www.reuters.com/world/europe/european-lawmakers-declare-russia-state-sponsor-terrorism-2022-11-23/

Paving the way for a fresh strategy in West Africa??

110 million build for 56k and on the presumption of 1750 gold is absolutely garbage. Sub 1k aisc will never happen either. Zero chane of production without wiping out existing holders... If the DFS was any good then the dilution worry might not have been so heavy. My money's on that it won't even get to production before succumbing to the giant overhang the term sheet will create.

Interesting none the less.

100% BB2 and on current mcap Lionhead will take control of over 50% of the enlarged company

Consider that for an extra 10 million you can buy a debt free yanfolila that produces almost double on a bad day, a fully financed Kor project for roughly the same capital spend to produce almost treble on a good day. Plus 51% share of 6 times as much gold from Dugbe which is no further from production as San.

Oh and an average 11 year mine life... I almost forgot that ;-P

Divergence on the daily with a 99 stoch...Defo not the time to buy

Read it lolz

Anyone else see that CORA DFS and laugh?

Or hopefully he was... Licence issue could be a case of HOC not stuffing manila envelopes?

Top of the cycle...

Penoles getting tanked...

Most metal producers have bounced 20-25% from a technical low and oversold positions. HOC's recent performance
has not been much different to others.

A cool 40% profit if you timed it right, I'll be expecting some consolidation around 7p

That sounds like someone paying record premiums at record currency prices to me...Good luck i guess

Decent article in the NYT from March.
https://www.nytimes.com/2022/03/24/fashion/jewelry-gold-mining-betts-refinery-england.html

There's some very naive grasps of the physical market on display in here.

I'm out...Finally made a trading profit after 3 attempts

Time to SB short?

Bounce back to 30p would be nice though lol

That's fair enough publican, gl