Member Info for Dmors

I mean, it is pretty funny Clifford likes his own posts and its commenting about himself now.

It gave me a good laugh.

Give it a break Javier.

It's not a negative view, it's just commentry on what is ACTUALLY happening.

Do you think it's right Q3 results are literally 3 months late? It came from the horses mouth they'd be out this week.

I'm sick of RM saying things and not following through. It's becoming a serious issue that our CEO can't get his act together.

Not to start off the day with another negative, but didn't RM say Q3 results were due in the next couple of days on the stockbox interview - ie this week?

I expect them latest Monday, otherwise it's just another delay & dint in my confidence in him.

I've been trading shares since 2008, this is actually the first telegram group I've joined - it has been quite eye opening to say the least.

Anyway, regardless of what is being said over there - I do believe in GCAT and that I'll still make a decent profit, albeit probably 1-2 years later than I anticipated.

The gold is there and being extracted as we speak, and as you keep alluding too, Vim Rutha is a golf balls punt away, which could be a giant resoruce!

People in the telegram group are obsessed with certain posters here, saying they aren't invested and have hidden agenda's.

Legal is one of them, but like others are saying he always has well thoughtout posts.

The telegram group is an echo chamber at this stage, I'm still in it just to see what is being said, but honestly at least you can debate on here to some extent.

At the end of the day, the "negative" have actually called this 100% regarding the funding, so why wouldn't you want their opinion now?

How long is a piece of string?

I keep going on about Q3 results, but I'd really like to know how much gold was produced.

I know it's not going to be massive amounts, but it's income to fund other parts of the business and if we are getting to the point where we are producing even 500oz per month soon the financing side seems a lot less alarming.

It's just guess work at the moment as to whether we are producing anything substantial or not. I don't know how much the operations are reduced while the upgrades are going and whether said upgrades are online producing.

Brave, I did the same though lol.

Time will tell.

I'm sure this will get sorted, but it's really frustrating as the lack of trust in Robbie is growing rapidly.

I just feel any good news how is going to be muted from now on. The only thing that will get this moving now is production figures, which are more than likely going to be delayed further until we get some new finance sorted.

Timed my top up yesterday well, first time I can say that in GCAT lol

On his original account he had lost his shirt on multiple stocks. Just a bitter poster with nothing good to say.

Obviously he totally disappeared on the way upto 1p to resurface now lol.

We had a couple of postive RNS's with funding and drill results, which is great.

However we are still in the dark with multiple issues. My main issue right now is the lack of speed information is coming out. We are STILL waiting on Q3 results and we are in a totally different year now.

Until they pull their finger out and update the market properly and timely, I agree with what is being said - the market will just play this share for quick/small returns.

I'm still waiting on 2koz per month being confirmed before I sell a single share, which is 3-6 months away. Hopefully by that point a lot of the current issues have been ironed out.

Let the first hour or so play out and it should be back in the 0.8s.

The drop from 1p has been quite sudden, I guess people are selling up for Christmas.

A lot of people have bought above 0.8 now, so you'd expect people to hold - never seems to be the way here though.

Steady away, can't argue with the progress of the last month in the SP.

It's just a shame it dropped to the levels it did from the beginning of the year.

I took advantage of the drop...multiple times, so I'm in healthy profit here now with the most important news still yet to arrive. This time next year Rodney.

It'd be nice for some clarity on whether the commissioning of production is March 23, or H1 23 - I agree Legalwolf.

I read it as a delay from the RNS, because it states to complete the expansion, which I assumed is the mine, plant etc

Others have suggested it's the drilling program to expand the resource upgrade that is the end of H1 and production is still on for commissioning in March 23.

It could be either, I'm not overly worried regardless - would be nice if it was March 23 though, that'd give us 9 months of 2koz production for 2023, which is a nice bit of cash.

Don't worry Magoo, I posted I interpreted it was a 3 month delay on the telegram group and got jumped on immediately, even though I was happy with the RNS overall.

Everything else on that RNS is massivly positive - I'm really looking forward to increasing our resources accross the board and getting to that 2k oz per month at the end of H1.

Traders again.

A lot aren't very smart, they just look at the risers board, jump in hoping it's the next UKOG, GGP etc. As soon as there is even a mild drop of 3,4,5% they panic and sell out. Then the cycle continues until all of sudden its 8%, 9% down etc.

Now we're back with trades at 1p.

I think due to low interest rates, extra covid money there are a lot of people in stocks and shares who aren't very smart and have very short term goals.

A lot of traders will be selling up. Once a few start, the rest follow course soon as they see it drop a few %.

It'll stabalise by about 10am no doubt and move back up this afternoon.

Good post, those are my target market caps as well.

50 mil market cap ~ 2.5p
100 mil market cap ~ 5p

I think these are reasonable for the next 12 months, but things can change if a mega resource is found or a massive funding deal comes in.

I think the above is realistic, but not optimistic. If we prove up resources, gold prices remain high - who knows, could easily be 10p+ in a few years.

Patience is paying off.

Months of averaging down for many of us long termers - we knew the potential and it was frustrating watching the SP trade between 0.6-0.8 for months on end.

No intention of selling a single share at these lowly levels, even though I'm now in a healthy bit of profit.