Member Info for cherryburn

There we have it and note that Roger is only pleased with these results not ecstatic. Placing as well not a surprise .

4 million late trade plus other sales might not add up to a row of beans in your mind Rev but it sure is pointing in one direction over past couple of months. Entry point below 0.20p ?

Maybe the results are so fantastic that the assays need to be rechecked ! Unlikely and RM is bound to know some results already. Buys of millions of shares at .24p ahead of the results would be a clue as would more selling in volume below .23p.

Well done Harry.

Usual guff and seems that others think the same. Has HAA enough funds to put in the debt/equity mix. The bankers "that were falling over themselves" last year will now be at Goodwood or on their summer hols.

Gamekeeper.......if the company is "cherry picking" samples as you suggest then that would be disguising the real position. They have to sample every 2 metre section and even 1 metre section of every drillhole and tabulate these. Still looking for genuine 50 metres at 2 g/t plus or 30 metres at 3 g/t plus. At the moment I feel that all the huff and puff of multi million ounces is far away from the reality and hence the current share price.

How the mighty have fallen.....HAA out of his depth ? Another discounted share issue on the horizon ? Total lack of interest by bankers ? Summer doldrums.

Pity that all these bankers falling over themselves last year to finance KEFI dithered as the gold price looks to go to $1200 or below this month. They will be dusting off papers and stress testing at $1100 or even $1050 as well as checking veracity of AISC.

Certainly possible.

Shows how high grade gold can be mined at great depths in South Africa which hosts reef systems therefore relatively simple grade control. Not the case with Sula but interested to see the last results from current round of drilling.

Good huff and puff again yesterday but would like to know who these "advisers" are.? 6 holes for 2000 metres hoping for gold at depth .

What has happened to Jeff and is he still involved with the company on a day to day basis ?

MY21...Bound to be over optimistic for £40k to £50k annual retainer and 6% plus options for fundraising. I often halve the target figure and then test that figure with known facts.

It was bound to come at some stage. Trust Harry is enjoying the life.

The bankers have been falling over themselves to finance this for 2 years now. Shares trading at 3% of the old 10p high when Plimer first sold out.

All the huffing and puffing has been done. This needs excellent drilling results to get back on track. Drillers happy for the work I suspect as many rigs are currently idle in West Africa.

Kimura.... In my view too much huff and puff in this and the SRK exploration target looks as if it might be a long time being converted in to inferred resource. Perhaps the current round of drilling will give us 20 metres at 5 g/t or 30 metres at 3 g/t at Sanama Hill. These are the kind of numbers which will make this interesting but until then I am out. Many years ago I was invested in a company that drilled 15 metres at 14.9 g/t near surface but was unable to replicate this along strike .....it happens all the time.

Interesting delayed sale at .204 Again driller or insider ?

I expect drilling for rest of this year (as and when possible) followed by more in H1 2018 just to get to an inferred resource with perhaps some indicated. End of 2018 to get enough indicated to think about a PEA or PFS. I would want to see 1.5 million ounces down to no more than 150 metres true depth at say 2.2g/t at current gold price. Need some very good grades over significant widths such as 35 metres at 3g/t or 20 metres at 5 g/t..Still interesting if RM delivers.

I have seen less huff and puff on a steam railway. RM getting excited about just over a metre at 5 g/t needs to get real IMO. Compare to West African Resources in Burkina Faso (WAF on the ASX). On 22 March announced 29 metres at 4.96 g/t including 9 metres at 10.6 g/t. Not surprised that the market was underwhelmed with this RNS.