Member Info for Dibs61

“ unlocking serious near-term value for customers and shareholders”

Dennis Schulz

When Dennis made this statement, what kind of timeline do you think he had in mind for near term?

My own conservative thinking is ‘near term’=within one year. Possibly less but certainly no more than.

Sarniaspeculator - I also concur with you. This has missed out on the gold miners and explorers fun thus far.

But the Jelani JV and assets are worth more than the entire MC let alone all their other irons in the fire.

We should get some good guidance on Jelani within the next month or so.

The pullback here, such as it is, very minor, appears to have run out of steam. MM’s seem reluctant to take us any lower.

We are just waiting now for start of drilling announcement. Surely won’t take long to drill down a further 300 or so metres on existing two drill holes. I don’t think RP is holding this up at all. I’m sure it’s more the availability of the right APEX team. Finish one job, on to the next.

Suspect market wants to see the actual drilling assay results. This imho is undervalued but things balance out over time.

6p initial target which is the price Creasey got for his stock. Does anybody realise the famous Doug Creasey is invested here?!

Does anybody know who Doug Creasey is?!

We are still valued at less than when the gold price was $1900!

Anyway forgive me for repeating myself but my old stock phrase for this gold bull Market is ‘A rising tide lifts all boats’ and this boat WILL lift. Probably when we least expect expect it.

Look at the time. US Investprs imo. Becoming a pattern

Going to raise some cash and add more.

I’m researching as much as possible on ‘Dome’ structures found in geology. Time and again the Pilbara region is mentioned in relation to ‘Domes’.

Domes are COMMON in gold-bearing terrains like the Pilbara

In the Pilbara region exploration companies often identify Resistive Domes (which is our drilling target at Red Setter) because these structures are *prime gold targets*.

We have a ‘resistive Dome’ correlating with a ‘gravity anomaly’ which strongly signals a geological control for mineralisation (especially GOLD and/or Copper.

Many explorers, and in Wishbones case, we are talking about EGL and Apex working for them, are using the combined geophysical signature (gravity + resistivity) to identify ‘Telfer style’ Dome targets and this is exemplified by none other than Red Setter. The very latest in airborne geophysical technologies has been used at Red Setter - MobileMT.

I am more convinced than ever that this is a fantastic ‘bet’ where the risk reward ratio is unusually high in our favour compared to many other potential discoveries because much of the geological pieces have been put together already and certain geological boxes have already been ticked. For such a tiny MC this is, I would suggest, the opportunity of a lifetime.

Red Setter is ANALOGOUS to Telfer! It’s a geological fact.

MM’s are taking the opportunity of much much lower volume today to mark down and grab cheaper shares.

Does this have to be formally confirmed via a further RNS or is the following statement in the fundraising RNS sufficient?

‘Messrs. Richard Poulden and Jack Sun, Directors of the Company and Edward Mead, director of a Group company, who are Related Parties under the AIM Rules have agreed immediately following the publication of the Company's December 2024 Accounts to subscribe equally for a total of 230,769,230 New Ordinary Shares at the Placing Price. Accordingly, this is a Related Party Transaction under AIM Rule 13.’

Bradley Biggle - though I understand your cynicism I would suggest that putting in £100k of your own cash is a good reason to not delay the possibility of multi bagging it in the next few months.

Edward Nealon, Lexington Gold's Non-Executive Chairman, commented:

"We are highly encouraged by the presence of widespread visual alteration and sulphide mineralisation in all six of the latest drill holes. This significantly builds on our prior work and confirms that both the Barite Hill and Jennings Trends remain open and highly prospective. We look forward to receiving the assay results and the opportunity to continue advancing this strategically located and multi-element asset."

So, they found gold, silver, base metal and tellurium mineralisation in all six holes drilled.

A successful campaign yet again! Assay results should be very interesting.

And all this in one of the friendliest and most positive mining jurisdictions in the world today.

Apex Geoscience is a global operation across most continents.

https://www.apexgeoscience.com/projects/

We’re in good hands. Just ask an EEE shareholder.

Once again proves he often says one thing and does another. Can’t do us any harm though can it…..

Could see a shot in the arm for us tomorrow.

Https://www.msn.com/en-us/money/markets/plug-power-soars-as-senate-bill-includes-surprise-extension-of-clean-hydrogen-tax-credits/ar-AA1HHLhn

As already mentioned below by others an unexpected boost for green hydrogen in the USA.

I wonder if this will boost sentiment on this side of the pond tomorrow?

Australian Winter lasts until the end of August so plenty of time but yes, I would expect drilling to commence in the next fortnight. Should be quick too. Only 300m to drill.

Just speculating…. If the cores come up showing clear mineralisation anyone think they might just carry on and drill a bit deeper or will they just be contracted to stop at 550m?

Up she goes. Again.

Bitcoin Treasury:

We feel there is a major disconnect at the moment between the rising world gold price and the Wishbone share price. “Accordingly, we intend to invest surplus cash in a new Bitcoin Treasury operation which can later be extended. We believe that the support for Bitcoin as a recognised asset by the United States government will continue to support and drive the Bitcoin price and that this can potentially provide an enhanced return to shareholders. This expansion will of course be subject to the adoption of an appropriate crypto policy.”

Should add a bit of extra zip to proceedings….

Quote:

“We have now completed all preparations for our 2025 drilling program, with Apex Geoscience Consultants appointed to manage operations targeting what may prove to be a Tier 1 gold-copper system. We are at the final stages of drill site preparation and rig mobilisation to deepen two existing Reverse Circulation (RC) dill holes by around 300 metres each that will drill into the domal gold target identified at around 550 metres depth by Expert Geophysics.”

It’s coming very very soon folks.

Strap In.

I agree with posters here. It looks a very good deal for Cobra. Well done to RV and Co.

Not holding currently btw.

MM’s have pulled a few pants down this morning! Rinse and repeat. Same old same old.

HOLD for Gold.