Member Info for DrRemington

I look at it this way, we achieved £150m market cap on the merit of Pepas. The MRE underwhelmed the market / the lassonse curve came into effect so maybe it did overshoot somewhat, but, now we’ve got:

•Pepas West, a new mineralised zone. High grade at surface.

•Apta coming into play. Heading to MRE, with or without expansion.

•South Pepas about to be drilled with high potential.

•El Cedro, abosultely crazy potential, company maker and more.

• El Pantano phase 1 conclusion.

All the while they look at the economics of Pepas which alone will justify the market cap for me, especially as ‘the more they look the more they find’

A blessing in disguise yet again adding in the teens.

‘In the meantime, we are engaged in discussions with engineering firms about how to build a plant at Pepas. It's early days, but we have a good idea of scale and metallurgy, but the issue is the size and weight of the kit we can get up a road to site. We can build a bigger road of course, but it's a trade off between cost of the road and cost of the kit. Fortunately, at this small scale, most of the major bits of gear can either be broken down into small bits, or welded together on site.

We are still weighing options of toll treating v building a plant, and the jury will remain out for some time. But as we find more ore, the balance shifts gradually toward our own plant. No rush, but we need the numbers so we know when that cross over happens.’

I think the majority of people’s outlook here was of the thinking Pepas will require a mine.

Everyone bar a geologist understood the maiden resource and that ounces COULD and WOULD be added to the MRE. And the small fact that the board were highly confident of finding:

Repetitions ✅

Source ⏲️

Tick Tock.

No mate, lab delays stated by Brad. He did warn the market about the delays last year, though they are still sounding very slow.

I still think we’ll see a JV there, hopefully as we’ve many targets at Anza to focus on. Faster labs, cheaper drilling..

When equity raise is the only way of finance then for a junior focus on the better, more cost effective projects.

Tungsten. If you’d bet 9 times out of 10 when you’ve said that here you’d have no money left to invest. That’s if you do invest.

Your IQE post is funny, you were glad you got more at 44p then the day after saw it as a shorting opportunity to 20p.

KEFI was looking strong apparently is down 10% since.

Best of luck.

Best of luck Tungsten.

Guayabales esque… That’s what we want to hear!

Targets galore at Anza.

Lab delays at El Pantano, the quicker it’s off our books the better for me.

$13.65m / £10m+ cash balance as of Feb 28…. Cash is a plenty currently.

A fair few chunky buys today amongst the low volume, another just gone through, 123k.

That's around 830k in 9 trades. Over 60% of the days volume. One person(s) loading up?

I think it's inevitable that in the not too distant future we see a Pep12 type intercept from a new zone of Pepas.

66.75m @ 5.64g/t Au, from surface, the maiden hole drilled by Orosur as 100% owners of Anza.

Apta has the potential to throw wide intercept's, especially with them testing that expansion theory.

El Pantano still stirs quietly in the background, any sign of JV here with a cash payment up front then it'll be champagne time for me.

I'm liking this Grand Pepas.

9 holes completed in a short space of time, fast lab turnarounds. Business as usual.

Hitting hard grade, having a dig around sizing it up, not Pepas esque or bigger.. Onto the next target.

All the while the Apta drill rig is turning, El Cedro is being defined for sheer accuracy. Pepas deposit likely in motions.

El Pantano????

I've personally never felt as comfortable here. You just know at any single moment this could blow up massively.

TICK TOCK.

Didn’t you realise it wasn’t even his account ha.

Just a brand new account with the name Nap in the beginning that you was happily arguing with….

-9 holes completed at Pepas West.(4 next week?)

-Rig moved South of Pepas whilst evaluating data.

-Aero Mag complete

-El Cedro sounding more tasty, high grade central, rig by June.

No mention of Apta or El Pantano, they’ll warrant there own RNS’s. Newsflow finally arriving, possibility of another RNS this week.

‘ With the possibility of three rigs operating soon on three prospects, Anzá is now inexorably growing in scope, scale and complexity.  The picture is emerging of a substantial mineralised province, the surface of which is only now starting to be scratched.’

Yes, some nice buying today.

Some chunky one's, £31k and £60k buy's dropping in.

I personally love the X posts. Not here everywhere, that visible gold one from Brad on 1st September a pointer towards them delivering best intercept to date at Pepas, PEP055 - 47.25m @ 15.25g/t Au.... The share price doubled into that RNS...

FCM posted the visible gold core, i managed 100% gain over there in a matter of days.

Posts on X and other social platforms are the future.

Gold creeping back up now girls.

Max, i'm 99% certain LW is not in the telegram group.

Agreed, an RNS a week ago with a new discovery... Complaints a week later.

With three holes completed likely at the lab by now. Drills turning. All good.

Like i said, different people different expectations. If the share price was flying i'm sure everyone would be happy with progression.

It's mining exploration Max, nothing is certain.

He's not going to just walk away from Pepas West after two holes is he, if it adds a zero to the MRE he'll prove it up obviously. If it's small then they'll get a rough tonnage and move on.

Would you rather him blast funds proving up 50k, the rig tied up for months then produce another costly 43-101 which they could do in 2-8 years time once Pepas is production Or hunt for larger deposits.

All the while:

- Apta is being drilled to expansion and / or MRE.

- El Pantano is under conclusion from phase 1 drilling.

- They are identifying targets at the multiple cluster porphyry El Cedro.

I can't fault Brad at all, he's got us 100% of Anza back for nothing, he's drilled Pepas in the right direction and got 200k, high grade on the books. And now he's finding more around Pepas. Minus a few delays all is going to plan in my opinion. My moneys happy here, anyhow but different people have different expectations.

If your not happy, there's endless other exploration companies to chose from all doing =very well in this sector bull environment.

Max, this is a mining exploration company. That's what they do, hunt deposits.

They've plenty of cash to throw around Pepas, Apta, El Cedro.

Not so much if they were throwing it all El Pantano's way which cost substantially more.

Are you serious 40034427 haha?

Whats Brad going to do, get Newmont to shut down Anza again for a couple years?

You obviously haven't a clue why the share price fell back to 2p back then.

In hindsight it was the best thing, investing wise, whats ever happened for me and many others

The company securing 100% ownership of Anza and having the opportunity to load up around 2p-3p.

Well i bought abit prematurely today, paid 20.90p.

Would you really want to see them drill Pepas West to add to the MRE at this stage if its a small deposit, around 50k? A few months drilling?

Re-reading the tweet Brad states unless it adds a zero onto the current MRE then they ain't that interested in adding it.

What would be the point?

A: They could drill Pepas West once Pepas is in production even at the latter end or after around 5 years of production. Adding another couple of years.

B: They are confident of finding the larger parts of Pepas. That's where the companies heading now.

They've got Pepas on the assett sheet, which they continue to let us know is already viable to mine, whether by tolling, sulphide, build. Etc

They are now hunting bigger prizes, that's what i want to see. Apta is underway, the rig heading South East of the Pepas is sounding like they are heading next.

That's my opinion anyway, keep hunting the bigger deposit(s)

It went to 24.9p the other day when it was 22p. On 147k, it went up 16%.

22-Apr-26 08:26:37 22.25 134,788 Buy* 29.99k

One trade was nearly that much this morning. It’s a shame it doesn’t affect it here much as you could really manipulate each market by how easily TSX moves.

Current volume 45k. Ha. Pathetic.

It’s certainly better than, it’s a 100% tolling situation.

No more gold in the area, no need to build a mine.

They were confident of finding more, they’ve found more, they expect to find much more.

Success.

Let’s hope we see the same success at Apta, El Pantano, El Cedro.

I believe they’ll require a mine at Pepas, they’ve said all along they’re confident of finding repetitions (which they have now with P West) & the feeder system / source.

He’s already alluding to the fact it will warrant a mine there. Subtle hints of expectations in my opinion.

The tolling will or could already be straight out the window, should they find another Pepas or anything larger.

Even Pepas West if 40k-50k oz,.. That’s $180m ish minimum in ground value.

They’re finding new gold, that’s the main take here and it’s literally from surface, high grade. That’s the best sort of resource you can find. Size doesn’t really come into it when it’s like that, you don’t require millions of Oz.