Member Info for djwall1s

Thanks for that. I'll have a good read around and visit their website.

For Smiler, I think HL trade ANA via fill or kill. But you seem to be able to trade via ISA or Fund and Share account, possibly SIPP too.

Cheers.

I definitely agree with the way they're moving. I think there's still some deadwood and useless stuff to trim down or offload.
Tech, medicine and Green projects are the way to go in today's world.

VELA's current picks make good sense for the future.

Hi,

Looks an interesting company.
Just wondering though why they chose to list on NEX rather than wider exposure and ease of trade of AIM?

Yes, that's the one, Evolution. It would fir the profile of 'quite substantial'.

Though I note he uses the word 'quite' a lot anyway. 'Quite' promising grades, etc. He tends to understate or downplay things. So I'm preparing for any of the names to pop up, because who knows. I'm just glad he's one of those gaffers that sticks to facts and acts responsibly. Many moons ago I used to be in companies fronted by Pete Landau and David Lenigas. People were always reading too much into their body language and wordings. And in Lenigas' case he played up to it all the time, dropping hints and half-cryptics that mostly amounted to nothing.

Give me a straight talker anyday.

I noticed his words on this 'group' were that it is: 'quite a substantial group'.

I know he has a tendency to underplay practically everything he says, but I'm wondering if that rules Newmont out? Unless he's just being cagey and playing an even deck of cards so people don't get whipped up. Someone posted the name of a possible group that were good, solid and respected in Oz but didn't necessarily have the same brand name recognition to outsiders as the Newmonts, Newcrests and Rio Tintos of the world.

If it is this group I'd be pleased though because it means ECR have chosen selectively the best outfit that they feel compliments their ethos. It'll be interesting to find out either way. Should be good times ahead. :)

"give the lockdown stuff a head shake."

It might not affect the physical drilling process but it could affect the way the labs run. It's just worth keeping in mind that there are several links in the chain, some of those being office-based.

As to the updated license that was my mistake, so apologies folks. I thought, as a couple of others did, that one of the areas was newly shaded in but it proved not to be.

'The reality is there is absolutely no new information in the last interview with Stock Box.'

Well he is facing a lockdown in his state and was good enough to keep investors and onlookers in the loop rather than fielding a week of radio silence with people asking him what's occurring. So I can see the timing good sense of this and Im grateful for any comms myself.

He seems to gauge the room pretty well so I think rather than looking at these things as nothing new, treat them as a gift. There are actually a few little extra goodies thrown in that, without being price sensitive, allow us to join some dots. The core info was new and the general mood of enthusiasm should be taken as a positive I think.

Looks like the license areas have been updated.

https://mercatorgold.com.au/

Someone on ADVFN mentioned that it was down, and at the time of me posting this link it is indeed unavailable.

So it'll be interesting to see if they're having a spring clean of the site amd/or updating with new info.

"I agree the Chinese excersized their warrants and now are prob holding their shares until JV announcement presumably they like most of us are expecting it imminently. Therefore nothing to hold it back."

I hope they're not going to be selling and buying their entire holdings back on every rise because it'll mean they're going to be one of only a few that ever benefit!

Owd back thee dogs, Shenyang.
The rest of us would like to make a bit of money too. :)

"the colouration of these shows"

Pardon that, it should be cores not shows.

For anyone who knows about these things.

The cores ECR recently showed on the photos appeared (to) to be, rightly or wrongly: 1. somewhat wet? 2. striped by definite golden or coppery-coloured veins, which may or may not have been a clue.

Does anyone think that this was significant or that it outrightly showed an indication of what could be near or inside the core shown? All the images of gold I've seen in cores looks like actual shiny gold, however they appeared in drier, harder-looking cores that had been long stored at labs or used as in-office examples, rather than anything photographed on the spot.

What are peoples views on the colouration of these shows? They were definitely interesting but were they heavy indicators of something firm?

I'm sorry but if you have children, you should budget for them. I'm all for some help but ultimately parents have choices. It's not for Boris or Matt Han****, whether you like him or not, to guide you through life as a parent. This whole thing has been hijacked by the Labour as a reason to try and grab power. Because a few months ago All Lives didn't matter to them, only some. But now All Lives matter when we've jumped to the topic of children.

Well no, you cannot have your cake and eat it. You have to take personal responsibility. I'm a holder here of a nominal amount and came over to catch up with the presentation from yesterday but couldn't let this slide by. I'll mention it no more as I've said my bit and won't be changing my mind or arguing with others. I look forward to now getting back to reading about OMI.

The major thing the government failed at was closing borders at the start. But even analysts concede that in a country of such heavy global footfall and industry to and fro, this could have been tricky to do quickly. (Though I think they should have done regardless of economic consequences.) Also we're not used to western pandemics here. In Asia it's a mask-wearing, authority-fearing culture, used to pandemics and with a germaphobe ideology in many places.

Since WWII, western countries have all got complacent and lazy, including the UK, because we've never really had to fight as hard again since. We've known a relatively easy life (individual hardship notwithstanding) and have had access to clean water, sanitation, food, shelter, our needs being met, money for holidays, education, etc, etc. We allow our citizens to be free, say and do what they want, go where they want, criticise the government, and each other openly. It's all been about maintaining our standard and level of development in a country that attracts the world, despite the media obsession with 'this little insignificant island.'

I think we, as well as other developed nations, took our eye off the ball, at the start. But then so did the EU, the US and South America. So did China. So did the WHO, all in their own way and for their own reasons. As for the UK, few to nobody over the age of about 50 has been out house partying, raving under railway bridges, congregating in parks and beaches en masse and leaving pizza trays and Coke bottles behind, protesting all damn summer and mobbing to rip down historical statues. And no elderly people have been seen crammed together, maskless and breathing all over each other to get the latest Nike trainers at London dept stores.

So I believe SOME of the young generation of the west should take heat for their own recklessness imo. Thank goodness we have 1. good considerate people of all ages, most of whom follow the rules. 2. innovative companies in the UK and elsewhere actually working hard to try and do something to slow this disease down.

I am hoping the common sense of this company prevails and they don't blow money on unnecessary sideshow bobs atm. A dual listing isn't necessary, neither are new assets, unless it's expanding what we have in Oz. I hope they stay focused on Oz drilling - it's productive and well regulated. It's a dream scenario as it stands.

The traditional problem with forums such as these, and social media, are that retail pi hold a lot of these shares.

They then spend weeks and months whipping themselves into an excited frenzy about, for example, JVs as if JVs are the be all and end all. They latch the entire success of a company to that concept and the notion spreads via ramping it up. Then if the JV fails to materialise, or at the stage they expect it to, there's mass panic and dumping. The company is finished. ETC, ETC. Which is rubbish, but that's how people think...

We see this time and time again. Nobody ever seems to learn among the masses, because very few bother to research mining life cycles and that it really is a longer game from here. It doesn't mean rises won't occur or good things won't happen but understand the cycle. You have to find something, with or without a partner. But you have to have cash reserves. Is the management frugal or a spendthrift? Are there too many shares in issue/does dilution occur frequently? How far along the curve is this company? All these things people often fail to involve themselves in researching, yet its so easy. This info is at our fingertips. And it's why retail like Paddygall, etc, are successful, almost mini private institutions. They understand the sit and wait game. They do the research. They educate themselves. They understand miners take a few years to really develop and they watch to see if a company is wasting money in the meantime. This is the difference between successful retail and failures who hop from share to share desperately chasing losses made by panicking. One can only blame onesself where homework is concerned. Learn some mining/corporate terminology, if just a little at a time. Then you can rely on your own gut far more than taking cues from bbs.

I freely admit I don't understand some things but I go and research what I don't. I get several sources to match up anything I don't understand. We've a got phones and laptops. Simples. So is the concept that Rome cannot be built in a day, and that a thing is or isn't worth the wait. We all have to judge for ourselves.

With what this company has found so far, the money it has to keep lights on as well as drill, the land it focuses on, will all that make a difference in 18 months-3 years time? Is it worth a wait? Is it worth ditching if it can't or won't JV at this early stage, but isn't financially struggling? Only you can decide. All I know is that successful retail don't base their decisions on short term dramas, confounded by pi expectations. They see a longer path based on mining cycles and company fundamentals. Research is everything.

Good luck.

Apart from a handful of obviously decent posters and LTHs, this company seems to be attracting six year olds, atm. A selection of recent posts from here and ADVFN:

"Why it is going down, ma?"
"What's a warrant?"
"What's an mm?"
"What am I doing here?"
"Is it my teatime yet?"
"My ten pee is now 5 pee, will I die?"
"Who's Craig?"
"What has this company got"
"Tell me what to do because I have no idea!"
"Mummmmmy!"

:D Lol, you couldn't make this **** up.
Bone bloody idle, daytrading moobs, or just trolling.
Pick your fighter. :D

'What happened to GGP to effect us here?'

Not. Our's is warrant sales. It always pushes the price down for awhile. Better now whilst it's quiet than slapping down a rise.

GGP is quite safe. Massive AIM overreaction as per usual. They could release a more favourable set of results in a week or two and be back to where they were. Aim is fickle and despite the claims of being a LTH many are not, and will bail at the first sign of anything less than perfect. Mining is a long play though. Scallywag is a small part of a much bigger project but oc the market overreacts.

It's a cautionary tale for all of AIM though. You can be hero to zero in a day. And then back again the week after. But if you're chasing the long game you'll hold your nerve. Each to their own.

as if people don't understand how the market, and warrants, work.