Member Info for DrRemington

Not sold a bean yet Tungsten. I’m an investor, I’m don’t starting crying and flapping with drops like this, I’ve learnt to add when it goes down. It’ll recover here over the next few weeks with more news due.

You’ve appeared from nowhere mentioning me a lot here on your posts, what was your previous handle. I think I could guess. 😁

If the mine life has halfed then it will produce over 30% more annually with the grade 40% higher… And again it’s the MAIDEN resource.

Grabbed some more a ted over 26p. Bargain in my opinion.

In Brad we trust. He got it wrong or the consultants didn’t agree with him somewhat.

Though the grade is almost 40% higher, he got that wrong aswell.

So many holders seem to come out of the woodwork on days of large rises or large drops. Many of them making the accounts within a few days. It makes you wonder. M

To be fair 5 year at 40k per annum, with the grade 40% higher is faster, more profitable cash on the balance sheet.

They’ll be more ounces added to the Pepas MRE, the area is littered with gold. North Pepas will deliver.

If your here as an INVESTOR, then this minor blip is merely that. On the run upto 15p, we numerous times revisited single digits, 6-7p… They’ll be many ups and downs.

One small deposit proved up in a large land masse with other already high potential areas.

‘Given the exceptional value it has created to date, investors can be expected to remain supportive of the Board’s much larger mining ambitions for both Anzá and El Pantano (in Argentina), either of which could eventually dwarf findings at Pepas.’

Go query Baron Investing on that one, I’ve quoted what he was tweeted 400…

Click the link and post on there.

Sisters meant to be dusters*

Baron hasn’t sold, he was asked his opinion on the drop:

‘ OMI had previously communicated what they were hoping for and today’s announcement is smaller than that. No doubt a future cash cow but just lower than what many had anticipated’

He then goes on to add:

‘ An important part as production clearly removes any future need to dilute shareholders again. It also expands the scope enormously, the optionality just sky rockets as the transition to producer happens. Pepas will spit off a lot of cash and indeed the bigger picture comprises the outcomes of the very busy h1 ahead (as highlighted last night)’

https://x.com/baroninvestment/status/2021199525898321997

Baron is an investor and a very good one, anyone with a brain knows this is just the beginning. If the odd daily drop bothers you in mining exploration your in the wrong game. They’ll be times in the future we’ll see sisters delivered. It’s a fact.

Repetitions of Pepas and also the source to these expected to be found. Thats why many are here. Plus Apta, El Cedro, La Virgin and…

El Pantano, which we should hear about very soon.

400, it’s the exploration potential that’s huge here.

Currently with £15m ish to smash on exploration in two of the best post codes in the world. That’s the near term value.

Collective miner, neighbour, £1.2b market cap. No MRE.

Tungsten - for 10 years:

30k @ 4g/t..

22k @ 5.5g/t

25% less ounces, 40% higher grade versus cost.

Again it’s a MAIDEN resource.

400 your countering around 20p-22p as it rose to 40p, yeah great one mate.

This MRE would have been funny dropping the beginning of last week.

I’ve just added Tungsten and will continue to do so around the 30p level.

Believe it or not it’s still up 10% on the monthly…

200k indicted ounces from surface to only 100m depth, averaging 5.5g/t as the ‘MAIDEN’ resource. What’s not to like.

Just added 28.35p. Lovely if you can look beyond the end of your nose.

John Briggs, you were warning people at 2p aswell…

I was here before Pepas was even discovered, I’ll still be here in 2 years time. It’s a 13% drop on the day.

It’s still 18% up over 1 month. Them rampers are ripping peoples eyes out!

Let’s see where we are in 1 month, 6 month, 1 year. That’s the timescales to invest in companies like this. Not looking at the daily and crying over the odd 5-20% drop.

Some people talking like it’s the end of the company, it’s just the beginning.

I’d say I’ve one of the largest holdings to post on here, does this drop bother me losing £100’S of Ks on paper. Not at all.

More news will be forthcoming. I’ll add at these levels.

What happens next? Drill North Pepas whilst adding ounces, whilst pushing towards production.

Whilst pushing Apta towards MRE.. Will Pepas provide enough cashflow to build at mine at the high grade Apta resource, 1-2m oz? Very likely.

Then there’s the other prospects…. Sprott and Cohen and co arnt here for fun. Nor are they here for 6 months, 1 year, 2 year. These exploration plays are long term, especially when they are producing grades like we’ve seen at Anza and the region in general.

Greenwood research note came in at 385k.

The grades have could in 1-1.5g/t over expectation, that’s massive. 1g/t alone is viable these days.

Tungsten you do realise they can add to a maiden resource? This is just the beginning, North Pepas will add ozs here. You’re ruling out a 10 year mine life after just 14 months of drilling on one small footprint… Do you understand the exploration potential here?

Tungsten, ‘Maiden Mineral Resource’

Maiden.

This has come after a mere 14 months of drilling, you’re talking like it’s the end.

Even I am wrong at times Tungsten, on many fronts!

Though the ounces came in lower than anticipated, 60% you say. The grade Brad predicted, 4g/t? Came in almost 40% higher at 5.5g/t.

Every tonne has 1.5g/t more than expected, madness when 1g/t alone is viable these days.

This is just a start, notice the absence of any real exploration update.

Tungsten, this ‘MAIDEN’ MRE is just the beginning.

The rig will be drilling 100-200m north of Pepas now as we speak, this small deposit is a start. They’ll push production whilst hunting similar deposits, the source. And that’s just around Pepas.

Apta, El Cedro, El Pantano….

‘Our resource finally out for Pepas.

Not a monster, but very high grade, very low strip (basically zero for half its life) and thus offering the potential for very low capex and opex.

We have already pulled the trigger on the PTO process plan to have that the permitting process in train in the near term.’

https://x.com/OrosurM/status/2021136409608736777