Member Info for Daddykool

I wish you wouldn't use vaccine development as an example of how things can be accelerated.

That happened due to a global effort between scientists, Governments and corporations along with funding on an unprecedented scale.

It's not really comparable with a company hoping to mine rocks.

Bull what is your hope you where this share is in the next 6-9 months, realistically?

I hope anywhere in the 1p range would be great, not sure how likely that is though.

No idea why they dropped the bid to .24. I have just done a series of dummy sells on HL and got offers of .255 all the way up to £15k.

Why are we talking about 'it not happening'?

I mean I appreciate we can't guarantee this will go big but its still a company with a fully permitted mine, there is a value in what they own and possess that exceeds the current mcap.

Who knows where this pops in the long run but I don't think we should start talking like we are all going to be trapped in here or anything, in my view its just a question of whether this bags multiple times or just slowly increases a small amount.

Fair enough, have you sold your Arb?

This share won't go back to 0.15 anyway.

I am not clear what point you are making here?

Good luck with that.

I expect the project to be sold for a consideration somewhere in the £30-£50m range.

Lets hope that the CRMC we are in discussions with chuck us a deal similar to that which Kirkland have, or hopefully better, and then a lot of those issues disappear.

Yes its good in some ways, I mean at $100 a tonne that $35m is a good investment but for a company like Sres its a hell of a commitment.

With an off take agreement or a JV its all a good sign the payoff is there but without that its seemingly out of reach.

I don't like the sound of that $35m capital works that Boral are spending on Kirkland.

Thats why I personally have no interest in them, they are a sideshow. Obviously like many I hope that they are amazing but if they are then that brings other questions about how we get it out of the ground.

To me the focus needs to be there CS Project. If we are going to mine that then the focus needs to be on how we fund that and get that arranged and started. If we are going to sell or JV then lets arrange that and then. we can potentially think about going after precious metals.

I am just waiting for the CS project updates really unless Patrick has stumbled upon record Silver deposits.

Yeah I don't care a jot if PC ever brings a $ in through sales here, if he can get the company worth £30m-50m then that will do me.

Imagine hanging in for so long on this and selling out now.

Takes all sorts I suppose.

I honestly don't care about the Assay results, I want to see progress on the CS project.

It is but Spring is just around the corner.

Currently we have no customers, no equipment, no plans ......

I mean sure I am hopeful that this is all pointing towards a sale but its totally reasonable for investors to ask questions of the board.

The Chairman needs to stop placing timescales he can't meet on almost everything then.

These assay results arent really that big a deal, its more the fact that he has made statements in the past about progress and then just fallen into radio silence.

How many times have we heard about the samples and the deals, I mean it was just a couple of months ago he announced we would be mining CS by the Spring. Thats clearly not going to happen and yet we haven't had any information about why.

I think its perfectly reasonable for investors to be chasing the board for information, he owes us an awful lot at this stage.

I don't think Sres has competitors right now. We don't seem to be in the mining business.

A lot of action today, both buy and sell.

I agree 1investor.

The Assay results are a sideshow as far as I am concerned. If they are amazing then great but otherwise I can't see them being much but a tiny bump. Its the CS project that is the value here, if that comes good then it unlocks all of these other things and moves this share price.