Member Info for Drswing

Oil license extension is due this month I thought? Sept?

Gee trading is a bit sparse. Liquidity drying up, which is good to see.

Buckle up. https://www.thisismoney.co.uk/money/markets/article-15122191/SMALL-CAP-IDEA-Greatland-new-Western-Australian-goldrush.html

I agree with you. However, Omar is getting dangerously close to 'hinting' too much imo. Ie, if this entire program comes up empty (after all the drills and assays) - then he's been blatently ramping to retail. Omar I know you read this - be careful.

Exactly this. There are clearly a bunch of rookie retail investors here - that have no idea at all what they are doing, or how the process works. If you're going to 'invest' in micro-cap mining explorers, into a drilling outcome (not just the leadup to the drill, but the actual outcome) - then you MUST be willing to lose everything. Typically you're going to get mass derisking on the lead-up to the drill (that is what you're seeing). Some investors I know de-risk 80% of their position simply on the leadup to drill (all depends on your risk tolerance). Let me be clear - 'IF' this drill program hits the targets and assays come back positive, value re-rate will be extreme, then immediatly into a cap raise. 'IF' assays return nothing, this company returns to dust (with the exception of the namibian oil license...which is worthless..unless Omar and co, can secure a farmin......he's great at 'tweets', but I'm not sure he's got the nuts for offshore oil exploration negotionations - but thats just my opinion).

Smart. it worries me how many minnow explorer noobs are trying to ride this thing - sell now, save yourself some grey hair.

"if you're going to panic, panic early".

Lol, yeah I fury sold, it's all over......... let the assays come....then we'll know for sure.

They don't immediate say 'hey bois, we hit gold' lol. Break down the announcement systematically:

1. Drilled to 810m, that is 190m short of 2sept RNS - but they say 'all rock sequences succesfully interesected" - so they have what they wanted, and expected.

2. JUD002 - straight into next drill - zero details here - is it a step out drill? fk knows (but probably). - gotta prove that 'district scale'.

3. Big foot print, 4km x 2km, - "interceted as they expected".

Just so ya'll know (and I hope most do) - assuming this 3-4 hole campaign proves their model - they'll then need to drill the fk out of this thing like swiss cheese to create a MRE and JORC. (but SP will be much ..much..higher...assuming that happens).

It's also quite interesting that RIO has recently moved into the area also - so IF we do indeed prove up an economic IRGS system, at scale - then we'll be swooped up pretty quick. I do love a good first drill without incident.

Nice one. Yeah the '..successfully intersected all rock sequences we anticipated...' almost feels like a freebie. I mean they didnt go out of their way to 'anticipate failure'. Looking good for now.

Lol, who knows. Price action is not really telling anything - it's just jostling for position (and de-risking for some). Given Callum is the one that is helped select the target - I'd put the odds in our favour (60/40). I think (or I hope) most of us here know what your investing in. For what it's worth - chart is primed for a significnat move Friday/Monday (just from TA). It's never sensible to be 'all in' - BUT....if you are 'right', you'll bask in glory for quite some time. (if not, history will forget you).

Giddy up!

Lol, the trading is so tentative for such an assymetric opportunity - I guess most people are already positioned, and just sitting tight.

'Hammer time' on the 4hourly - we should be in for a nice few days of the week.

Yeah, some unusual high volume cross-trades happening. Brokers flipping the same parcels back and forth.

Another day of gambling. Lets see where it lands today. They would already know by now on the ground if they were hitting anything of substance.

I'm not sure there is too much on the line for Callum. If it's a hit, then great. If not, then it's no real skin off his back. That's the nature of exploration. I'm sure from a money perspective, he's already comfortable. It's probably more 'legacy' for him. For GEO, it adds 'credibility' to our operation. I mean, our ceo doesn't look like his baby soft hands have ever touched a shovel lol.

Lol , classic. Funny how GEO went wild with the photos and updates for a week or two, now radio silence.

Lets see. As long as we hit something I'll be happy. The Namibia side of things seems to be the never ending story. Gold was a great side-mission, which could (and probably should imo) become our core focus.