Member Info for cherryburn

Kimura......not invested here and unlikely until I see real progress on the drilling results. An ex broker from Dundee Securities (now closed down in London) running the show was an amber flag which became a red flag once I saw all the huff and puff...... I am happy to comment on matters as I see them especially if it exposes home truths I could have shorted this stock from .6p or .5p but that is not my style in small AIM companies. I have taken large put and call options in majors in the past.

mattwales.....no offence taken. I have been involved in the resource game for a very long time in both precious metals and base metals. Some spectacular drilling results now required to keep this above 0.11 I think. Wonder if Roger is going to present in Perth this week and if so I will get feedback from a number of colleagues who will be attending.

3.5 million sale at .115. Now who could that be ?

Large sells starting appearing first week of August from over .2p initially. Some insiders would have known that the ESA was in play and probably knew the .16 initial strike. ?

Anyone care to speculate where a 10 million sale after hours came from ? Looks as if the "Equity Sharing Agreement" is about to get into full swing.

The RNS is surely in connection with the recent fundraising. This is how Equity Sharing Agreements work.

Glad that I passed on your suggestion to buy at .21p a few weeks back. Cannot see the attraction here until RM can come up with some decent drill results and I do not mean results which he calls excellent but are actually rather poor . You will not reply since I am not invested. Sells at .13 and even below with .12 bid says something does it not ?

I was referring to how long it took to put together the current fundraising. Made no comment as to how long the funds will last. Has the drilling company agreed to take 2018 drilling programme costs partly in shares ?

Not very long and wonder how long it has taken to get this small funding in place. Guess that discussions started at least three weeks ago.

With results to date I very much doubt that even 800k ounces will be in the inferred category after completion of this round of drilling. Results to date underwhelming but with former Dundee Securities broker (London office closed !)running this not surprised by all the hype that was generated until a few months ago.

I know it is peanuts but 4 million shares sold in 6 minutes and some below .14p. Can it possibly be that the drillers and RM know something ?

I think the latest RNS was intended to boot the share price up ahead of a possible equity financing at topco level. This would be one of the last bricks in the wall if HAA is unable to fill the funding gap with project level equity. 5p would be a good entry point potentially . After all was trading as high as 170p a few years back (10p pre 1:17).

Goods to see Lucian Miers and Tom Winnifrith......these 2 are well known for shorting stocks( at the right time )which have been overhyped. Look at KEFI which is 95% off its high in recent years.

Tragic news to hear that over 200 people have been killed in the mudslides in Sierra Leone.

Once again no real reaction to yesterday's RNS. I suspect that most people do not believe much of it. Where are all these bankers that were falling over themselves to lend to the pot of gold a couple of years back ?

Tanzania or further north ?

Nicotene Nelly.....a few results like this are needed to pick SULA off the floor. I have , until now, declined to invest in SULA having been pitched by RM back in December and again in March. Until meaningful intersections can be announced then I will wait. Invested in private company with just shy of 1 million ozs in West Africa and looking to IPO in Australia in December 2017 or February 2018 depending upon outcome of current 7000 metre programme.

Remember that most of these "bucket shops" are paid around £35/£40 k per annum as retainer plus other fees as appropriate. Need to keep peddling and keeping to target prices whatever happens. Shore Capital does not give target prices on house stocks but does for companies that it does not represent. A bit more honest in my opinion.

Since you claim to be such a genius please let us have at least a comment about today's trading and prospects going forward. A house broker claiming 1.6 m at 6.9 g/t from 257.4m as being positive !! Long long way until even inferred resource.

Unsurprisingly , market not impressed with these results. Sales at sub .20 says it all. Good luck