Member Info for Dibs61

Another rapid little MM tree shake. You have to remember these guys make money out of volume so they will take the SP to where they think demand is up or down. They make money on trades and importantly, margin.

Absolutely Casper they should be ignored and treated with the contempt they so richly deserve😁👍🏻

A handful, perhaps one or two, bored or nervous punters who can’t hang on bail out and offer an even cheaper buying opportunity for those with cahunas of steel lol.

It’s the holiday season and traditionally quiet but I agree def a lack of interest and many simply don’t know about this stock.

I hear drilling results will be issued next month, September.

And incidentally the current strike length at Red Setter is as big as Telfer and may indeed be bigger.

I get the feeling a lot of people on the sidelines watching and waiting. The first sniff of anything positive and it’s 🚀 time.

Aquakidd - exactly. Expert Geophysics have used state of the art technology (MobileMT) to create a detailed model of the geology of the Red Setter Dome. They employ some very very bright clued up people. This is no wildcat drill which is basically the way the market is interpreting it as. I would suggest they have a high degree of confidence in finding gold/copper down there. I would suggest they ‘expect’ to find gold. Technology has moved on a lot.

All the other Domes in the province contain gold and at good grades. Why would Red Setter Dome be any different? 🤷‍♂️

Https://stockhead.com.au/resources/paterson-province-remains-underexplored-despite-its-gold-and-copper-riches/

One of the things I’ve noted in WSBN’s X posts have been that they are heaping praise on the drilling team at RS.

Clearly they are very happy with the job they are doing.

I am very confident they will find gold as it seems more likely than not there will be. The question for me is how much, how thick will the intervals be? What kind of grades? How deep? Etc These questions will all be answered in the assays.

If, as I suspect, we get a drilling update, hopefully they will at least be able to tell us the depth they drilled to, signs of mineralisation, veining etc plus any indication of visible gold in the cores.

Still the continuing pattern of printing 1m+ trade sells immediately but delaying print of 1m buys. This is quite deliberate tactic.

Anyone think we could see a rerating now on the back of another excellent RNS?

I think 35p is entirely possible before the end of the year with the kind of new flow we can expect.

Oh btw notice how market makers very happy to print 1,000,000+ trade sells immediately but hold back from printing 1,000,000+ trades buys.

That tells you something. Ie. They want to encourage you to sell and scoop up some more shares. And they don’t want to cause a disorderly market by printing up large buys as they come in.

I have 6 million currently but awaiting more funds to increase….

Bear in mind market makers are holding back from printing larger buys which look certain to show up later

Remember someone always knows something

First couple of large delayed buys coming through….

Clearly large delayed buys to be printed later…..

Agreed re continuation of drilling though being objective they may have meant drilling more holes rather than drilling deeper.

But in essence I do agree with you I think it looks very positive. They are clearly still on the first hole and as they said they would, taking great care and working methodically. IMHO it is NOT concerning we have not yet had a drilling update. I suspect they may provide after completing the first hole but we shall see.

And now I am very intrigued by the story of ‘Telfers Sister’. The discovery close to Telfer that Sharecrazie highlighted earlier this morning. The guy Jean Paul would not tell anyone where it was except that we know it was nearby to Telfer. We know he discovered Telfer.

Could he have discovered Red Setter and took the secret to his grave….?

Been watching for a while. Too good an opportunity to miss I’m in.

Oh give it a rest you wet wipe. Go and do something useful instead of obsessing over hour by hour SP movements lol.

Sharecrazie - this is the guy right?

https://www.abc.net.au/news/2020-08-20/pilbara-gold-prospecting-pioneer-jean-paul-turcaud-dies/12575010

Oh I wonder, I just wonder…. Telfers sister he called it…..😉

Intruiging …

Lunchtime siesta ending …. Hopefully a resumption back to and beyond our high of the day.