Member Info for eldorado1909

is currently valued on the lower estimate of 25 million barrels at verbier. The appraisal could increase that to the upper estimate of 130 million barrels. Thats a 5 bagger drill campaign in terms of resources. The SP will rise in anticipation, its just a matter of patience. The lack of any movement the last month has got people bored and selling out to invest elsewhere. Its just a question of when IMO. I have a feeling we might have to wait another month to see the pre-drill rise.

Hi VX, I remember you from NMG days. You used to be the most bullish on the board regarding prospects. What happened? I also remember you being very down about GGP, when it was at 0.1p ... it 25 bagged. You were also very bullish about BMN, which at the time was trading at around 3p if I recall correctly. That dipped all the way to 1.3p before now hitting over 12p. My point is that all shares can surprise you. Historically NMG or GEO has been a share which has disappointed investors and enamoured traders. What rationale do you have for suggesting this will not rise into the summer (as it has almost every other year under either NMG or GEO)? As with any junior gold miner, they are only one good drill away from a spike that will make even battered long term holders a decent return. Although there is no reason to think that will be the case here, a case such as GGP shows anything is possible. On the other hand AAZ (which I was invested in from 5p) shows how sucessful a junior miner producing in this region can be regarding cash flow. Greg has without doubt let down shareholders, who have suffered continual dilution over the years. On the other hand, he has performed very well pushing up the SP for fundraises following summer. If you had bought in here every spring and sold out before the winter (which I suspect you have) you would have made a lot of money here over the years.

52 week low with summer about to start, catalysts in place, and the JV halfing the cash burn from now on. Also two weeks until the new ISA allowance which will give the whole AIM a bit of a boost. 50% return over the summer months is a realisable target IMO.

Exactly. This used to rise into the summer with the Austrian mined out hulk. Buying at these levels is a no brainer with the winter ending a world class asset secured with the JV now in place. Was cash rich back in Q3, so with minimal expenditure over the winter further funding should not be necessary until after the summer. The SP should be much higher by then, and Greg has a good record at maximising news flow for a SP rise over the summer. This is an excellent buy in my view. This is the time to move into a share, when sentiment is low but catalysts are in place.

Generally performs welll into the spring and summer. Having followed NMG since 2014 when they managed to raise placings on a burnt out roman gold mine in the Austrian alps I am betting now they have a tangible asset Greg can manage one more rise followed by an autumn fund raise. AAZ shows what this could do if it ever entered production. For me this is a speculative buy with a good degree of upside.

Malcy: 'Five bagger with no downside from here' @ 14.10 As soon as whoever is dumping every time it goes above 190 is done it should will start moving. https://www.youtube.com/watch?v=N_LgFuTOQA4

Catalyst in place - check, director buying - check, uptick in interest on twitter - check, themadstork locked and loaded - check. All the indicators of an imminent bull run on an AIM oiler are in place right now. Looking just like MATD back in early Feb. Once this starts moving it will move fast IMO.

Are sat on the sidelines with this earmarked for a nice predrill trade will be getting nervous of this rise is sustained over several days. Could move fast if they start thinking they are going to miss out, just look at MATD.

Of oilers saw a rise today but this is still flat. Very little interest still, perhaps the drill is too far out?

You simply don't understand market dynamics. Which is unsurprising considering your grammar. If it finishes above 190 it means a bowl has formed and the trend is upwards in the near future. But the rise is being stifled again.

This closes above 190 its a signal of an impending bull run IMO. Lots on the side waiting to take positions for the drill. Catalyst remains and once it starts moving all those lurking will take positionsand will move fast. As of yet it hasn't excited the market which is watching MATD.

Has no excitement at all for this share it would seem.

going to multibag overnight or crash and burn depending on the result of financing the FEED. Way too risky for me. Got out at 0.27p a few weeks ago. Good luck to those with the balls to ride it out. Could be a good trade on confirmation of financing since I am not sure how quickly the market will digest significance of the news. With a decent financing deal this will fly IMO since it is trading at not far off the cash value right now.

the cycle is in reversal now, expect to see a bit of a rally in the next few weeks.

Is definately down on this one. Just a question of where the bottom is and when the cycle will reverse. Decent return to be made for those that correctly gauge the point of reversal.

at some point this has to bounce? Difficult to gauge when is the right moment to buy in though since it keeps defying logic.

The trend is up, although its moving like a snail. Looking forward to when I see snail rocket memes on Twitter with the #JOG hashtag. Shame the rise yesterday got stifled by selling.

With this one. Frustrating watching it right now, but the drilling catalyst remains in place, and there is support at this level and very limited downside (as much as that's possible for an AIM oiler). At some point this has to break out.

Get in while you still can, people are now taking positions and this is moving to 250p in the near term IMO. Glad I got in at 180.

Been trading between 180 and 220. See no reason that will change with a drill campaign approaching.