Member Info for ChartaRex

For clarity:

"Wishbone Gold Plc (AIM: WSBN), the London listed precious metals trading and exploration company, announces that it has signed an exclusive 45 day option to acquire 100% ownership of 67 square kilometres of granted mineral exploration tenements in the Patersons Range region of Western Australia (the "Patersons Range Project").

That's taken from the 5th Oct 2020 RNS. Wishbone OWN the tenement. Licences are another kettle of fish. Who knows, maybe GGP like what they see, have applied for a licence on the tenement, and will speak to the crook Poulden about a JV.

Or maybe it's all a big mistaken confusion over licences....

Time will tell I suppose.

On a separate note, (for those who've applied), what do people think the current retail share offer will be set at? I'm thinking around 10.3p

For clarity:

"Wishbone Gold Plc (AIM: WSBN), the London listed precious metals trading and exploration company, announces that it has signed an exclusive 45 day option to acquire 100% ownership of 67 square kilometres of granted mineral exploration tenements in the Patersons Range region of Western Australia (the "Patersons Range Project").

That's taken from the 5th Oct 2020 RNS. We OWN the tenement. Licences are another kettle of fish. Who knows, maybe GGP like what they see, have applied for a licence on our tenement, and will speak to the crook Poulden about a JV.

Or maybe it's all a big mistaken confusion over licences....

Time will tell I suppose.

ID78,

Go to 'Google finance' and you'll get live trade prices :o)

No idea. I'm thinking/hoping they'll place about 12.5p to wet investors appetite.

I've put in for £1.5K this morning. Time will tell :)

Either way, it's an absolute steal at these prices. GGP has a way to go to get to fair value.

Mercedesman,

Must admit, i got that feeling as well. Results are due within a few weeks, guess we'll know soon enough.

On a separate note, Havieron is a vertical mine (500m below surface), wouldn't it be nice if Yarrol was a horizontal mine - a 20km long gold strike, just under the surface :)

I'd be happy to get a shovel and start digging :)

If people want dividends, buy LGEN, MNG etc etc. GGP need capital for mining AND exploration. We have a huge amount of land to explore over the next decade or so - and that takes capital.

If you're in profit, sell some & buy divi stocks. GGP is a growth story for years to come.

Yarrol assays are not only better than GGP's initial Havieron results, they're only a few metres below surface.

Hav is 500m underground, Yarrol is 11m - 50m, which is between ten and fifty times shallower...

Not saying we've got another GGP here, but lightning has been known to strike twice :)

Both the Yarrol & KV grades are excellent.

Disclosure: I'm holding both MILA & GGP.

Good luck peeps :)

I'm saying steer clear of WSBN. Not difficult to understand, is it?

I took a small position in WSBN years ago at 3.4p, having thought I'd done my research by reading all Richard Poulden's RNS releases about all the gold we had just lying around on the ground. Big "2kg nuggets", anomolies "similar to Havieron" and loads of pretty powerpoint presentations.

I have subsequently realised that Richard Poulden is a serial snake oil salesman, a spiv, a liar, a charlatan and an outright chancer - and those are his most admirable attributes.

He fundraises constantly by "bigging up" the potential, takes £200K salary every year, then consolidates on a 100:1 basis, and rinse/repeats.

He lives is Dubai & NEVER goes to Australia to do any work.

My personal advice to anyone thinking about putting money into WSBN - DON'T. Poulden cannot be trusted. Read the RNS's, the truth is there for all to see.

Greatland is a safe, solid, 20+ year investment with some serious institutional backing and a steady revenue stream. Our story has just started.

Don't give your money to an undeserving 75+ year old conman. you can't believe a SINGLE WORD he says - his past record speaks volumes.

Taken from Shares magazine on AJ BELL:

"Rio’s board might have felt that Stausholm was too conservative with his strategy and now is the time to be bold and grab market share. All we’ve had is a $6.7 billion takeover of a lithium company which is small fry in the bigger scheme of things".

100% guaranteed RIO will buy SVML at multiples of today's price. It's just a matter of when....

"The results for the remaining eight holes will be released over the coming weeks, with the final assays expected by the end of Q2 2025. The drilling programme was designed to test Mila's geological model being that Yarrol hosts a structurally controlled, multi-lode high-grade gold system with scale potential along a 20km corridor".

The first 2 drill results were superb. We could be getting news every week as the assays come in...

Fonzi,

It hit 6.4p on 2nd May 2022. Look at the chart. More importantly, look at the drilling results around that time. The grades are huge, though it is under cover - a bit like GGP :)

MILA hit 6.4p on the Kathleen Valley/Coffey results.

These latest drill results are barely subsurface - 11metres, with remaining assays due by next month (Q2).

I'm holding tight :)

Highlights

· Assays for first five of the 11 diamond core holes have been received (Table 1) delivering exceptional results

· KVRD026 - 6.6m @ 14.86 g/t Au & 21.79 g/t Ag from 209.40m including:

o 5m @ 18.94 g/t Au & 28.08 g/t Ag from 210m which includes:

§ 1m @ 27.60 g/t Au & 47.50 g/t Ag from 211m, the highest grades returned to date

· KVRD025 - 5m @ 4.26 g/t Au & 13.35 g/t Ag from 198m including:

o 3m @ 6.90 g/t Au & 21.62 g/t Ag from 200m which includes a high-grade zone comprising:

§ 1m @ 13.45 g/t Au & 37.70 g/t Ag from 202m

· KVRD027 - 10m @ 1.11 g/t Au & 4.35 g/t Ag from 205m including:

o 6m @ 2.26 g/t Au & 7.03 g/t Ag from 219m which includes a high-grade zone comprising:

§ 1m @ 4.49 g/t Au & 18.40 g/t Ag from 224m

· 1m re-spilts of anomalous 4m composite samples from the 2021 RC drilling have been received (Table 2), extending mineralisation in several holes with a best result of:

o KVRC016 - 11m @ 2.19 g/t Au from 94m including:

§ 1m @ 14.73 g/t Au & 2.43 g/t Ag from 104m

· Mila has completed 22 reverse circulation ("RC") & Diamond drill holes for 4,509m during Stage 1 of the drilling campaign (Table 3)

· Drilling has now defined mineralisation over a zone 200m long and 220m down dip, which is open at depth and along strike

· Heritage Surveys ahead of line clearing and drill pad works are set to commence in preparation for Stages 2 & 3 which will comprise ~6,550m of drilling

· Stage 2 programme will step out and target new gold lode at depth (see Figure 2 below)

· This paves the way for Mila to increase its interest in the Kathleen Valley Project to 55% ownership

· Assay results for the diamond core holes KVRD029-KVRD032 are still outstanding, with holes KVDD033 & KVDD034 being cut and en route to the laboratory

Neil Hutchison, Chief Geologist of Mila Resources, commented:

"I am lost for words! The assay results from the first five diamond core holes have surpassed my expectations. We knew the core would deliver strong results based on the visual observations of the sulphide mineralisation and the Bellevue-Style veins we had intersected. In addition, we received great results from the RC drilling assays indicating the potential of this mineralised system, but to intersect 6.6m at almost 15 grams gold and 22 grams silver is remarkable. This zone includes 1m at 27.6 grams gold and 47.5 grams silver, which is the highest assay result we have received back from all of the drilling at Coffey to date.

"This deposit is really starting to take shape and from the observations in the recently completed drill holes, it only gets better. It's a massive achievement by the onsite personnel from Geolithic, DrillCore and PetriCore, who have all delivered such high-quality work over a short three-month period. We are all excited to commence with the Stage 2 & 3 drilling campaigns, which will chase this highly mineralised system at depth and along strike.....

You're right, lol! I forgot they'd put the drill back a while. Still, the sp is at all time lows, so now's the time to top up imo.

I can wait, happy with an 8.6p average.

My 19,667 buy is showing up as a sell, lol :)

I've grabbed another 20K shares this morning at 8.6p. We're currently sitting at practically an all time low, with multiple farm out discussions underway & an imminent drill coming up this summer.

Can easily see this hitting 15p in the near future.

Hit oil and it'll rocket :)

"All told, revenue for 2025 without any QSR/FSR contribution is anticipated to exceed $2,500,000 (USD)..."

That's annual REVENUE of £1.9m in real money, NOT profit....

SALT is currently capitalised at circa £30m. (15 x revenue)

It's massively overpriced imo & there are still risks attached.

I'll wait to see if it drops to a more realistic sp.

I measure mine in metric. It sounds like a 'bigger bang' for your buck 😂

The sp is rising steadily, now up to 22.2p.

I think it'll keep rising into next weeks' suspension.

imho