RE: Impecunious229 Nov 2023 21:06
Gday Imp,
(I’m not Brad because I said gday break)
I’m still positive here, Anza resolve will come. The left are as good as out in the Colombian politics, the right will soon be back in charge. Many of the majors operating in Colombia downed tools due to the governments messing around and slow timing in regards of licenses etc. Smaller companies who carried on regardless appear to be fine, collective mining being one, forever appearing on MinerDecks weekly / monthly drilling highlights on there neighbouring Guyabales gold project, which also keeps throwing up substantial silver and copper. (If you’re not familiar with MinerDeck, I’d highly recommended following him on Twitter.) From current market cap I see Orosur as good value, I managed to sell a few at 7p and have been adding down here from low 2s to 3ish. I’m still underwater, as are many others though I see 2024 as regaining some traction. Field work will still be being undertaken at Anza in my opinion. When drilling restarts next year, and I’m very confident it will, then they’ll have extensive workings on we’re to drill. Hopefully Nigeria can throw out some positives as that seems to be Brads flavour of the month. The Brazil results shouldn’t be too shabby either seeing as they were so unbelievable that they had to be sent to Peru? For proper testing. Certainly down to them intially being too unbelievably high, if too low they’d have just moved on. El Pantanon results being sent to both Newmont and Anglo by request. Cash balance for now isn’t too much of an issue, though with exploration on three projects surely the BOD have something up there sleeve. Im sure that I recall Brad saying, from phone call in July, the paperwork for the formation of the new company was all but done, but constant delays as every correspondence had to be passed up the Agnico / Newmont hierarchy until reaching to main person, the Newmont one being an important player on the Newcrest deal. I’ll have to digs my notes out.
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