Member Info for DrRemington

I seen people here punting WSBN… They are now 6 months since the start of drilling, two raises in that time and now 20% down on an exploration update on an already peppered share price.

MILA, assay results today. Far from good, 2m @ 1.79g/t from 170m. No thanks.

I’ll stick with numerous proven prospects. One, Pepas, with the likes of 47m @ 15g/t, 104m @ 6.61g/t from surface or near surface.

Apta.. 40m @ 14g/t, 59m @ 9.61g/t, 14m @ 14g/t from 160m.

El Cedro…. (High grade sampling from surface confirmed)

North Pepas… (High grade sampling from surface confirmed)

El Pantano… ‘looking forward to seeing some numbers’

I’d rather go Mid Cauca belt currently the nearology to Telfer / Haveiron.

The likes of Quimbaya / Denarius over the likes of MILA / FDR / GEO any day of the week.

Release of a exploration RNS and achieve the largest faller of the day on LSE…

Poulden and Lenigas strike again.

The last drill results were 30th October.. Not even 6 weeks ago… Learn to count.

The next Pepas RNS will conclude the infill drilling, I hope that it states the rig is located and already turning at North Pepas.

I’d imagine the majority of these high grade assays will also require retesting being over 5g/t plus.

Exploration is where you get wild swings in the share prices, we achieved a similar market cap than we have now solely on Apta drill results back in 2020.

Look at collective now, no MRE. £900m market cap.

GGP back in 2020, £1.6b market cap.

Once we have three drill rigs turning which will be El Pantano, Pepas North / Surrounding and El Cedro… If all three show positive signs then that’s 4 separate prospects at Anza(including two proven deposits)and a start at El Pantano.

That’s when we could see things get massively out of hand here, especially as like you say Barmnacy we will be heading towards production.

Real value will be seen here once we have:

Pepas MRE

Apta MRE

El Cedro initial drill campaign complete.

North Pepas initial drill campaign complete.

EL Pantano initial drill campaign complete.

All will proceed throughout a rising gold price and with Pepas being fast tracked towards production.

£1 could look cheap here in a fairly short space of time.

Https://youtu.be/cz1LK-WLJjM?si=MX1aSKpYjjjKCFBR

Chartists are also really bullish. He’s saying if we get and hold above 29.1p then 40.2p should come.

Then expects to see 46.3p, 58.4p and possibly 73.6p.

Let’s see how it pans out. Nice summary Jolly 👌🏼

It’s hard to fault that, the majority of my TSX watchlist are in the red. OMI 12%+z Peaking at 0.45, closed at 0.445 / 24.10p.

Next week should be interesting.

A good day in the bag, the order book on TSX is looking bullish so we may see an even higher open here come next week.

I expect the next Pepas RNS to have at least 5 holes around that high grade zone and also complete the infil drilling.

For me that’s when the excitement begins.

For one. The rig should head to North Pepas.

For another, we know they are the. Working towards MRE which will come out the blue at any time. If we see more 5g/t+ assays the we could well be taking a decent increase in the oz department and also average grade. The specific area they are drilling had upto 303g/t which was over 2m and 14m @ 46g/t… Apta style intercepts.

Then there’s El Pantano maiden assays. ‘ so hopefully we might get some numbers soon.’

That to me sounds like they’ve encountered some sort of moralisation. Even if they hit small intercepts or Au / Ag then that’s some start on such a large project with 25km of strike of what’s thought to be epithermal…

Time will tell.

Courtesy of MBTrading on X. It should get interesting once it breaks through 23p properly.

https://x.com/MBdaytrading/status/1996920145164243428

Over on Aquis it’s 24p on the ask.

Back to 23.5p here. Tits just ticked up again with no trades displayed, there’s deffo still buyers the background. Around 800k in delayed large ish buys upto now.

One MM moved to 50p on the order book. 👀

Yeah someone loading up around 21.50p. Around 500k ish in unknown delayed trades, all buys.

Someone still hasn’t grasped mining exploration. No wonder he didnt load up in the 2’s, 3’s, 5’s Etc.

Sorry to say it but I’m glad. 😁

Hilarious how you were saying the same tripe at 2p when we weee advising you to buy.

Now your attempting to mock the same people at 22p…

Glad you’re still monitoring the share price day and night, likely through gritted teeth.

I hope you’re still here at 50p and £1. I’ve a feeling you will.

Enjoy.

Looking good, not much available here sub 23p.

TSX also ticking up. Around 22.5p equivalent.

Exploration potential is where the 10x, 20x, 50x likelihood will come from.

Luckily we’ve a proven project in Anza with the area and region littered in gold and then likewise El Pantano, though starting at grassroots level over there.

Good to see it moving on fairly low volumes.

With Brad already saying all bets are off and tolling at the small, high grade deposit will be out the window should they discover the monster that lies beneath…

Then next year is likely to be a super action packed one with a rig on El Cedro, surrounding Pepas and El Pantano.

The MRE at Pepas will just be another feather in the hat, larger prizes are potentially in arms reach already.

Boom o clock.

Https://x.com/OrosurM/status/1996133765953847758

‘Australian Junior Mining Investment house, Lion Selection, invented its famous Clock in the mid 80s to explain the boom and bust cycles of the junior resources space. If they are to be believed, and given its their clock, then why not, it's a touch after 6 and the fun is about to begin. ‘

Lenigas & Poulden have a legendary track record between them:

UKOG 99% down over 5 years.

WSBN 93% over 5 years

NQ Minerals - Administration

PCG Entertainment - Ceased trading.

Just to name a few. Moral of the story, know your board. Here's hoping they hit something substantial here and don't have to pull there usual tricks.

Totally agree Snake, with how Brads talking and also stating about the delays I’d hazard a guess they’ve hit some sort of mineralisation on the first few holes that’s due.

If they appeared dusters he’d probably not remind us about the delays.

And I doubt he’d be talking infrastructure, Hav vs Telfer vibes.