Member Info for Carribean2029

Evening all,
Viz and Bebeto,
Thanks for sharing the responses from Brian; it’s clearly frustrating him too, without him voicing it directly.
It also goes a very long way to explaining the lack of TR-1’s. Keeping them within individual mandates (assuming they have sector and stock pick freedom) probably satisfies the reporting requirement. Frustrating all the same.
That said; it can’t and won’t be maintained as infinitum.
Holding, as ever

I bought in a couple of months ago and figured we would be somewhere around here towards the beginning of Feb; good to see it pushing on early.
GLA

Good work wraith.
I’m definitely holding long and strong.
Will increase, when top slicing allows off other investments, but we will have to wait and see how my plans work out.
Did I see the other day that you’re 73?
Hope all is well?

Lots of silly little cross trades across brokers; they trying to take this down to close their short? Hold tight guys.
I’m holding long and strong.

Ggp have had the same treatment we got on Christmas Eve; scallywag drill turned up 1m of au at 0.25g/t and they drilled to 480m down, so a deep old dud. I feel for them. It’s never nice getting crappy news.
Perhaps some will diversify into here?
Quiet day today, so far.

US$21m Term Sheet to Fund the Construction of Sanankoro Gold Project, Mali



Cora Gold Limited, the West African focused gold company, is pleased to announce that it has signed a US$21m mandate and term sheet with investment firm, Lionhead Capital Advisors Proprietary Limited ('Lionhead'), to fund the future development of its flagship Sanankoro Gold Project ('Sanankoro' or 'the Project') in Southern Mali (the 'Project Financing'). This is conditional on, among other matters, the completion of a Definitive Feasibility Study ('DFS') on the Project before the end of 2021.

These terms were agreed without a flinch during Covid initial wave.
Says a huge amount about the confidence they have in Bert and the management team.
Very few free float shares here.
When DFS completed, straight into production. Incredible opportunity for those wishing to diversify geographically in an early stage explorer/producer.
Dyor

Bert Monro, CEO of Cora Gold, commented, "We are delighted to have followed up last year's discovery at Dako II with further promising results. Seeing the footprint of the Dako II continuing to grow is exciting and having over +3 km of surface mineralisation still to be drilled offers the potential for even more. Dako II is 7km south of our resources at Sanankoro and we would hope to see this discovery turn into part of the future resources and mine plan for the Project."

Good grades
More definition to target
Expanding resource

Great news
GLA

Attaboy Jcf
Learn some new mistakes too, but share!

Orion,
You’ve just made Old Man Fleming’s day....he’s practically a whipper snapper stood next to you!
Stay safe. You had your jab yet?

Hi showme
Thanks for clearing that up; I work from memory most of the time; I couldn’t remember Craig’s holding, but I knew Suzanne held 666etc.
Forgive my assumption that they were all identical; I’m guessing he got a bigger slice of the Alice pie

I imagine that this relates to Lady Alice issuance. Must be a beneficiary of the trust.

Ranger,
I think there are a number whom are in the black. I’ve top-sliced 40% of my holding at 50% profit so far. Figured my remaining 700k can sit and enjoy the ride now.
This will steadily head north east; then will sprint towards end of the quarter.
Holding

They filled them out incorrectly and 6 months late last time

Both Suzanne and Craig ball have held since last year. The Tr1’s relate to a proportionate % reduction.
Check out the Late issues TR1s from last year.
These are not recent purchases at all.
Just for clarity.

Hi Showme,
It’s not warrants - they kick in at 4.5p vwap.
It’s directors options; only 15m of them.

More likely there is some selling of the Lady Alice placing shares for the final purchase of Wudinna.

Hi AO,
Divorce! Tell me about it. Wife took EVERYTHING. But life evolves.
Now I’m not vengeful, but I’m determined and tenacious (@lifesagame knows this), so I figured I’d take my pension and make it work for me and the kids, but not her.
Long story short; Covid impact in March lead my thinking to realising that 2-10 year POG is going to break open the sky, so where better to invest than an unknown, micro main-market listed, junior gold exploration company with a nerdy MD Geo who’s got a passion for science, accuracy and takes pride in his own analysis, and a company with a clear, well defined INITIAL target of just a million ozs. Well, here we are...
Sorry I’m younger than you thought; old head on young shoulders, I guess.

Leep,
One of thatchers kids like me eh?
47 next month. I won’t share every detail. But I’ve lived. Hard, easy, rich, poor. Got a shed load of t-shirts. But......journey of knowledge is everlasting, without sounding pious! Long way to go yet.
Made the decision 14 months ago to retire on my 55th and sail to the Americas. Been focussed ever since.
Cobr is gonna help me get there; but it ain’t the end of the world if it doesn’t. Way I see it, I’ve called it too soon on so so so many, that I ought to have a solid bet that sees me through to within 1-2 years of age 55 before I begin to scale out, if appropriate. Cobr fitted the bill. I have others too, many of which are main market and it would take a genius to figure them out. But I sit without about .8% after last weeks issuance) and I’ve tried (and nearly made it a couple of times) to get to 1%, but dilutions kick me back. Nevertheless, if this is not a £200+mcap business in 5 years, I’d be very very surprised. But this is my opinion and and personal belief on what is its potential, and not a prediction.
8 years, 4 weeks, and a few days to go

Hi nkeegan,
I’ll be 55 in 8 years and 1 month. And as @lifesagame hinted at 20:26, (and they know me better than anyone) yes, I have a determination time, date and place for when my next steps begin. Cobr is definitely part of that journey. If it outperforms expectations, it doesn’t bring it forward; it just means I get ‘a bigger boat’.
Here’s to a cracking 2021-2029 run for the snake!

Whilst the market is closed; spare a thought for all those working their ass off in the NHS and other vital areas. Cheers guys. It’s very much appreciated. Spread my thanks to those you know.
Yes, I’m an ageing 90’s hippie, but who isn’t at my age?
;-))

Hello Gorgeous!
Wondered when you’d arrive!

Evening nkeegan121,
I would prefer to consider myself a committed fan, rather than expert; I’m only aware of all the news from being here and reading every single RNS, digesting and taking in other opinions and formulating my own thereafter. Forgive the verbose reply, but I am here just like you; I don’t yet know all of what I don’t know.

To give you my opinion; I don’t follow XTract, although I had considered it some months ago, but I didn’t, so I can’t make a comparison.

Nevertheless, in the spirit of trimming the verbose reply:
Clarke - new mineralisation which ‘could’ link to BG north and the existing resource (which CM has hinted is his belief), where there were some OUTSTANDING grades on one step out drill hole. Much more drill work to take place there to define the model and I’d expect this in the next 3990 metres of drill plan.
Larwood - that’s not even been drilled as, wait for it, TOO Sandy....nice and easy to move that when the time comes then! But bear in mind that All our targets have had PATHFINDER analysis on soil sample Geo-chem, allowing us to determine where the gold is more likely to be found in the basement which means that CM sees it as an easy target to score.
BG - we hit a dud on a few holes.....outside the jorc area, so we at least know the extent of the mineralisation there.
Remaining drill results - anybody’s guess at this stage

You’ve really got to understand why would this rise?
News?
Funding?
Progress?
Perceived value?

Well
we have Funding
We have progress
The perceived value is evolving
Just waiting for news

So yes, there’s every chance of a further rise to fair value - my belief is our fair value is currently around £12-18m mcap without any uplift from the current JORC, so a 20% rise from here is a given. It could be tomorrow, next day or whenever.

Further news, however, of a positive nature, like a revised drill program at Clarke, larwood and a chase onto an IOCG target and this will see 4-6p in a flash.
Further news of good grades, open at depth similar to Clarke and it’s anybody’s guess where this could go.
I’m not here for 2 bags; I have a broader portfolio which delivers those returns over the cycle of my investing. Cobra is my hold until relieved (retired) stock. I’m here for the exploration, development and mining. I expect a raise again towards year end/early 2022, but I’m happy with that; it’s the nature of this.
I was in Ggp 9 years ago and again last year and missed the best of it. I won’t be doing that here. Crikey, I could regret my conviction, but it’s the nature of risk. I’m only risking winnings anyway, hence my comfort for the risk.
So, if you want me to put a prediction price on it, I’ll pass. But I’ve got over 2.5 million of these cos I like the look of what that number will mean in 8 years. My kids even have 29,000 each of these. :-)) love ‘em.
I’ll still be here when 20p is in the rear view....