Member Info for cadell

My take on all this is that we are going to hear a great deal about the potential of a large field but no immediate gusher.

We have a situation where, with major copper/gold miners as shareholders, our BOD is looking for a JV with any other investors for our various secondary discoveries. Question: why not BHP or Newcrest? There must come a point where BHP or Newcrest want the lot. In my opinion, the dithering is because they are avoiding a bidding war - but that may be forced upon them. And soon.

Largely agree, CD. We have a load of management recruited as if to go it alone. I wonder what they do all day now he strategy has changed to drill,drill, drill, and then evaluate. OK, in the end, the value is enhanced which is about the time the cash runs out. So what then?

In 12 months the SP has moved from .6p to... wait for it... .6p. See the graph! Much ado about nothing. Thank God for Bitcoin.

Those hoping for a quick buck exiting. Personally, I think it is very positive. If Kuparak does turn out to be a successful find, finding a buy-in partner should not be difficult.

I anticipate a full drilling report to coincide with the new CEO taking over. That should start the SP moving north.

The southern drift of the SP is tiresome but inevitable until fresh drilling results start rolling through. Personally, I'm quite relaxed -if frustrated - and expect the SP to be back mid 30's bu August.

Personally, I always preferred salmon to sturgeon as it's less oily.
Re Pantheon, I read the latest news as positive.

We knew this was in the pipeline but to get it on paper is good news. It will be a year of great excitement and, potentially, profit.

Looking at the number of trades, clearly not a lot of people know about Coin. One day that will change...

Thank you, Crewtime, for that useful info. So... in the top ten potential mines, eh? Interesting to see that BHP doesn't feature in any of them!

Your summary is masterful, and to develop Christobel alone never on the cards. All that puff reminiscent of Trump sorting out China. However, it does illustrate just how many opportunities there are to be seized. The present SP is just option money.

Sold out of ARB, too frothy. Much more comfortable in Coin, I reckon it has the legs to go a long way.

Dropping share price seems simple to me. All AIM shares thrive on news. We do not expect any significant news until the drills start to bite once more and then wait for results, say in April. A lot of investors in mining can't wait that long and look elsewhere. Anyone buying at this level is on to a good thing.

All seems good to me. The big question is - is it very, very good, Bated breath.

Perhaps, after they've sorted out the shambles of corporate management, we may get back to the business of running the company. I've shoved my shares into the bottom drawer.

An info leak? No obvious ramping. Next week might be interesting.

The treasury must be up hugely. I think it was close on 2 million a week ago.

What the SP lacks is info flow but drilling starts again in March....

I cannot understand the concerns over dilution with a fundraise. At present, every drilling result improves the value of the company. When and if we run out of money, we either sell Cascabel or do a JV. The call rests with our BOD, not BHP or whoever.
As I see it, our problem is that there is no clear message from our BOD as to the strategy. Instead there remains a ridiculous but vague suggestion of going to production on our own. Such confusion is the main reason why the SP is where it is.