Member Info for CHRI5P

Let's get the contract in place. This will demonstrate whate we and CB believe. Someone said 6p I believe we will have a GGP/EUA style re-rate over the next 9 months which will make millionaires and blow your mind.

Sorry Montmuzzard,

The famous Monti from the EUA board. Due to this being open pit then it is possible the mining is well in place before the end of the year but not a guarantee. EUA made me which is the reason I am retiring at the end of the month age 55 and I read your posts with interest.

The unlucky due to forced sales or the uninformed are selling. The RNS's just keep coming and thi is a beautiful.

I was saying Denarius will need to earn their 51% but the de-ramper's were not having it. I was expecting Antonina to be part of the picture it just couldn't be in the agreement but intuitively Denarius always needed to spend $4 million and part of it was set aside for Antonina. The 24th is when the right issue concludes and if successful I think it will be more positive for the EUZ SP than the Denarius SP. I believe the funding was holding the EUZ SP back and once the market realise the funds are there and if we get a much larger PEA without any dilutionfor EUZ to follow (Denarius will need to raise again) we could easily be at 10p.

Up 0.075p - I suspect the seller is done - might have been MM

Join the dots! Well worth a listen - Data spot on a few months ago!

Before September which is not that far away Sandfire will be required to have spent £4 million and we will find out the results from that. It will be an indication of what/if we will get a bonus and the likelihood of that being £80 million. This is what most people are focusing on/waiting for but if/when the good news drops then a quadrupling or more is extremely likely. Even if Sandfire find dust all the other prospects still make GLR cheap - what a place to be invested in

Good post data.
There is no doubt about the possibilities of how high the SP can go with GLR. However, a lot of traders are always looking over the hedge to see what else is moving and as momentum. We have stopped at the moment and are down so far this year. We have not had any bad news to warrant the decline but PI's can be impatient and some need their money out to pay tax or whatever. XTR quadrupled in a week when the really exciting RMS's came out a couple of years ago. My own opinion is that the KCB area will be the one but it could be many other areas we are drilling. What I really like about GLR is that we have many prospect's that might be a game changer.

Shed yesterday close of business was the last day you could buy shares to be alloted the chance to subscribe for the offer which starts today and closes 24th Feb. Denarius shares are down today but anyone who subscribes gets a share worth 0.46 on the open market for 0.4 and a warrant to exercise at 0.6 over the next 3 years. That to me is a good deal but personally I am happy with my EUZ stake.

The rights offer is 75% or there abouts guaranteed underwritten and if you include the directors on top then this should be done. Offer closes 24th Feb. The offer includes one for one warrants which are exercised at 0.6 Canadian dollars for 3 years. A very good deal all round. If Denarius deliver those warrants could give shareholders a nice boost but also raise 50% more than being raised now. We need Denarius to be able to fund the option 1 and demonstrate a much larger resources but if they don't which I think is unlikely we keep 100%. All good IMO.

In some respects I would agree with you Iky786 and you are describing 99% of AIM exploration. However, the SP is only relevant if you need to complete a placing to raise money and most AIM explores will need to. I will leave you with that thought.

Fill your boots I just bought another 500k at 1.11p - I think PI's might be switching to XTR but wrongly IMO.

The SP in GLR and most AIM mining bare no value to what value, prospects and cash they have in the bank. When GLR peaked at 1.5/16 p this year I top sliced. I did this not because I thought GLR was overvalued I did it because of too much exposure, china, copper falling, recession expectations and the collapse of the US market. So the the price is now 1.165 and all those reasons for selling now actually look much better with positive RNS's. and the SP is 25% down. AIM mining exploration companies make slow progress, they on average fail and they need to keep raising money. However, GLR don't need to raise money and have many good prospect mining areas and one deal with SFR. We are now very cheap but that is the nature of AIM mining and that is why many AIM mining shares 10 bag.

Shed I have been more positive than anyone due to no more dilution for EUZ until we have a much larger area/resources and a PFS. I suspect we will then either sell the 20% or pay our share to get it to a DFS. However, when the good news comes through the SP will rise but there will be no expectation of a placement RNS like other minors get. EUZ in other words could rise and go well above fair value like it did in August 2020 but I will not speculate on what price that will be or when.

I think they were sells the 1.31 last week when the price was 1.30-1.40 and the 1,27 this week when the price was 1.2-1.4. I think Data called it a few days ago when the spread went to 1.2-1.4. If they were buys the SP would be a lot higher considering all the other buys last week in my opinion. These could be sells from shares we have given for assets.

Some of the holes were completed in 4th quarter so Colin must have magical powers to know this for the full 9 drills in July.

The results for the 9 holes have not been tested yet but what they are basically saying is the drills are confirming a much larger area. Nice birthday RNS.

Shed - They have to spend $4, million within 3 years to complete option 1. Only $650K was allocated for the license application. Even though it was not mentioned in the signed agreement they are wanting to increase the resources which hopefully means increasing the arear if the Junta is onside. Giving up 80% is at least 4 years away and by then it will be a far larger area, Denarius can't raise the money or pullout before option 1 is complete because they don't think it is big enough and we are left with 100%. If they don't deliver I think I read somewhere the EMI loan is reduce to a dollar. This is why Denarius shares the last time I looked have fallen more than EUZ since the announcement.

Rise today which ends a good week. I suspect the share sales over the last month are are due to needing the cash or not wanting to miss out on the rise of the more liquid markets rather than any insight. I keep buying the dips and I expect an RNS next week maybe on my 55th birthday. We are in such a good place. I am genuinely very excited.