Member Info for DrRemington

I used to the think the JV was the best thing since sliced bread. Free exploration, payments to Orosur Etc. now I see it as it was, a huge hindrance, with the majors only one intention of taking as much as possible for as little as possible. Not that’s out the way Brad and co can pave there own way and show Anza in the public spotlight rather than keeping it in the shadows. With the easing Gold price and Colombia moving back in the right direction and think the board will have numerous offers and suitors to move the project forward once Pepas has shown its hand. Next week should be interesting. I think he’ll deliver the RNS earlier than stated for once rather than missing the deadlines. Still an excellent buy price at £7m market cap, remember this achieved a £80m market cap in a much gloomier climate.

Leemat, not all fund raises are share price damaging, I’ve seen many a stock go up with the right financing announcements. Good company’s can usually do raises at a premium to the share price. A buyout may come years down the line, but Brad being a Geo by trades wants to prove up this life changing asset.

Seingred, the majors here at first was good, they were funding full exploration and also paying Orosur for the privilege but obviously had a percentage ownership. Orosur getting 100% of Anza back is the beginning of the journey almost like starting from scratch but with a huge advantage of all the information gathered over the previous few years. Orosur aren’t collective, far from it at the minute but they have a clean slate now to build up a good reputation and sell the story of Anza. They’ll get financing at some point, though that’ll come after some drilling at Pepas. If Pepas proves to be as good as everyone thinks it is, 150m @ 3g/t from surface on the first hole…. Hopefully we’ll see the South drilled by year end and have a clearer view of funding. Yes, early exploration is we’re you usually see massive share price increase like we saw 4p-45p in 13 days last time with the Pepas results. It seems somewhat coincidental that we now sit at 4p again and Pepas is about to be drilled. Here’s hoping…..

Up to now Brad has far from smelt of roses, the voting scandal, lack of director purchases, constantly missing timescales. But all along I’ve always stated that this was due to the stranglehold of the majors. The main criticism throughout has been timescales but how was he suppose to call them correctly when every thing. He said had to go through Newmont, Agnico, Turner Pope… I’m sure he said previously it would take over two weeks just for them to check the RNSs over. Everyone has at some point shown frustration here as the share price has been decimated so it’s a bit unfair calling Bhargav out, after all he’s been here longer than most, including Brad. Now Brad has a clean slate, it’s all on him. No excuses, no scapegoats. Best of the luck to him.

Anyone on the sidelines here worrying about raises, the company has just done one about two weeks ago for £500k. This was the first one for 3 years, only 210m shares issues. This isn’t the usual AIM tripe with constant dilution. Cash at bank is currently £2m, which is a quarter of the current market cap. Looking at it from that aspect valuing Anza and the other projects at £6m. Anza alone has had $30m spent on it. Is in one of the best gold post codes on the planet, has a neighbour which sold for $1.4b amongst much lower gold price, has shown to be 2m oz plus already and has a walk up target ready to drill from surface.

28Jac, yes it seems to be the Canadian company way of putting AU equivalent feather than the true AU, it dresses it up better especially when the results aren’t too cracking. Not sure Brad would need to go down that route but with the silver and Zinc we’ve been seeing it could potentially make excellent results look outstanding. El roble and el cedro, Guiaramala and Charrascala from the old names? These are south of Apta and I know Agnico / Newmont set up a camp down there on the strength of the sampling results and were to be the next to be drilled. We should see their field work first hand soon and I’d imagine see a drill rig down there in the next twelve months. Waymar did drill down that area and had 14.7m @ 40.3G/t, 48.2 @ 2.5g/t, 17.5m @ 5.2g/t. Also bear in mind, La virginceta was the area with initially brought Newmont here. Thought to be a huge porphyry system and the origin of all of Anza. From the tweet ‘ Ultimately, as a junior miner we are utterly dependent upon the market’s preparedness to fund us – and at the moment, that is at a low ebb. We need somehow to differentiate ourselves from the dross.’ I think that speaks highly of getting the share price up. Raises will come but if they’re used adequately they’ll be done at an ever increasing share price.

Just to think, in Feb 2021 the last big run here to 40p, the current gold is around 40% higher than it was then ($1675)

The warrant holders have 2 years, they’re not going to excercise them immediately after it’s over the warrant price. If it was me I’d wait say a year were it’s likely to be double figures then exercise and sell. It’s been a good day, 4p plus finish incoming.

Ticking up now 4.32 / 4.45

Forseti, Buritica has always had issues with Illegal mining and yet still sold for $1.4b even after a deadly attack that put Newmont on the back foot. It turns out one of the members of staff sold a map to the cartels. That hasn’t and won’t happen here.

Seen some large buys the last couple days, yesterday 2m at a premium, 3.63. Earlier 500k at 4.63, amongst many others. Gold still at a record high, remember silver and zinc in abundance at Anza aswell as just gold.

They are buying 100% of Anza by Aquiring MMA for $1. Terms dictate they’ll pay the previous partners Newmont and Agnico royalties and up to $15m once Anza becomes a mine. That in itself shows confidence in my opinion, as they’ve spent $30m on exploration already. Wayne’s also spent money here and had some huge intercepts including 40.5m @ 14.1g/t AU.

https://www.mining.com/web/waymar-intersects-40-5-meters-grading-14-1-gt-gold-at-anza/

Johnstoneo, nice buys, timed them well by the looks. I’ve enough of these for now and like I said, I added in the 2s whilst everyone waited for the inevitable rise. Gold now over $2230 and rising. With only 220m shares in issue, I personally believe this opportunity to get a part of Anza for a mere £6m market cap is up there with the best current offerings on the AIM market. 4s broken now this could fly to 5s.

Anyone buying around this price, bear in mind someone just bought 2m at 3.63p. Doubt that’s a random punt.

Gold over $2200 that should have said.*

I’ve more than that buy, but I envy their average. Hopefully we’ll finally be rewarded. The resolve has almost come at the perfect time, gold looking extremely tasty, back over 2100 as we speak, Colombia moving back in the right direction and Brad hanging his golf clubs up for his shovel. The perfect storm we could say.

Nice to see a large buy pop up, the largest I’ve seen for a while, 2m.

Not seen your name here for a while Zap, all the best. Rob hasn’t raised his head since the RNS either. A Dr rimmington title incoming soon I wonder? Low 3s and under I’ll be adding, though did all mine as the share price dwindled after a phone call with Brad. All seems to be transpiring correctly.

Glad my buying was done in the 2s, relax time now until the real news arrives, the RNS and webinar were a mere starter. The juicy entree will come within 4 weeks, here’s hoping Brads overcooked the timescale for once and delivers it early to catch a few out. Then Anza will speak for itself. I’d like to think we’ll see double figures again by year end all going to plan.

Https://twitter.com/OrosurM/status/1772893254922756186

They are on the ball now. PR picking up.

‘The first hole at Pepas recorded 150m @ 3g/t Au from surface. The next two holes backed this up, with 85m @ 3g/t Au from surface and 37m @ 2.9g/t Au from surface (hole collapsed and ended in high grade mineralisation).’