Member Info for Cygnus7

Looks like a case of 'Buy on the rumour'.

Can't see the point of such tweets !
Why list other acquisitions that have nothing to do with XTR.
If it's supposed to be some sort of clue then there are easier ways of getting that information across.
Unless it's a filler to support the sp by saying " this time next year, we'll be millionaires" ?
Even so, seems strange to me.

I believe Ella is comparing the IP survey plot against the latest hole map delivered today. The survey shows hole 12 moving out of the pit area but the latest version of the holes and legths does not.

I think most of us who realise the potential here are pretty well fully invested up to our personal levels of comfort. I'm thinking of investing a little more now just because the price is currently so silly but I've had final dips around half a dozen times now and at some point I need to say enough is enough. I though I had reached that point but now wonder.
Point is, this is not going to move appreciably until the pool of potential investors is increased. Somehow the word has to get out there. I don't know if CB is doing much in the way of geology symposia, public relation events etc but the interviews, videos and meetings up in London are great but probably it's a matter of singing to the choir. CB needs to spread the word further - somehow.
Although, is it possible that CB doesn't want the word to spread too far until a very substantial resource is established ? Maybe trying to fly under the radar. If offers appeared too soon it could mean the resource is not fully explored before a low ball offer is made, and possibly accepted - just musing...

I think we're all suffering from expectation fatigue.
Expecting something to happen when we get good RNSs. Being disappointed by the sp response then waiting for the next RNS which we think will do something different. What's that definition of insanity involving the repeat of the same process but expecting a different outcome.....?

Thanks to both Millsy and Steve. Nice to have it confirmed.

Just studying yesterday's RNS as was busy at the time. Maybe I'm missing something but the RNS says relating to hole 24:

"Drill hole BRDD-21-024 was drilled at an inclination of -60 degrees towards the NW and completed at a final depth of 660.6m."

When looking at the associated map:

http://www.rns-pdf.londonstockexchange.com/rns/8164R_1-2021-11-9.pdf

The map clearly shows the hole heading in a 'roughly' eastern direction. Seems strange that such as simple error has been made and also surprised nobody else has noted it. Or am I going mad, missed the point or whatever...

>It’s like this was ramped with loads of news news news and now nothing so the price is dropping<

Yes, only 10 RNSs in Oct and 1 in Nov. What is going on ....Lol !

Ella,
I wouldn't call that the SE anomaly, it's more like the eastern saddle. Get a Km further south and that's what I'd call SEA. So, not too concerned about non-spectacular results from hole 13.

#Hi all, how many more holes do we have to drill in phase 2 campaign?

I make it seven not including the two that are currently being drilled but that's assuming the original plan is followed and I haven't missed/ invented any !

O.K, just bought in - again....
I am one of those that got seriously burnt when this was Arian so have an average of almost 80p ! yes, realise it's a different company now. But, kept my decimated holding and have decide to top up and bring my average down a touch on the basis of the iron ore and the silver assays that a due soon.

Sorry Docit, I meant to reply to Lucky making my comments sound very confused.
As for the green revolution, all for it.
Cygnus

Docit,
I would assume it is different estimates using different cut-off grades.

Thanks for the heads up Steve. Read your message and Icebergs notes just before hitting the sack. I'll sleep well...

Today seems quiet. I guess we've had the meeting, the AGM, the drill report and the assay results so now we just have to wait until the info rams up again in a week or two.
The sp is drifting a tad. The traders jump in and if nothing happens over 6 to 36 hours, they're out again. Always happens.
Off to work for me.

The learner,
I think you'll find that the use of the XRF leads to what in science is called 'cherry picking' where one gravitates to the better signal responses giving falsely inflated impressions of mineral content.

Thanks for the heads-up howezap on the ADVFN post.
I've seen some people questioning why the southern anomalies were not drilled earlier but I think CB has thought this through. The current plan is to prove the pit area before moving to new ground. If a scatter gun approach had been used we could end up with a vague idea of what's at BR but nothing that can be translated into a JORC. The current plan allows the company to move forward from a solid base.

Can anybody enlighten me with the location of the hole currently being drilled? Will this be the first hitting the southern anomaly (East)? If so, I think will be the most critical hole since BRDD-20-001 when the size of this thing started becoming apparent. Should the core looks good BR will in all likelihood move from being a good 2Mt (sp ~ 25p) to double that (CB said that the geology looks better than the existing proposed pit). It also suggests that the southern anomaly (West) is likely to be of a similar geological nature to the East feature (lets triple the sp?). So, for my money, that first anomaly hole is the biggy. Again, is the next hole in the southern anomaly?

I feel like an RNS junkie who's suffering from withdrawal symptoms!

As Andy says, what with the recent meeting comments, I can't see that the delay means bad news. Maybe they are just waiting to align drilling results with assay results. He would have had an idea of what were in the latest cores before the meeting, why set yourself up for a fall?

The price of Cu is a big factor here. If the price were to rise from 10k to 13k during the exploration phase, BR has an inherent value 30% greater. That alone could drive the sp from (for ease of numbers) 50p to 65p which will obviously mean a lot of cash for a lot of people. So, in s sense, time taken to prove this resource could be our friend.