Member Info for ElectricLion

Agreed MF. That interview was an eye-opener for me, despite the length of time I've already spent here. HAA's quiet ambition is starting to become more apparent, and it's hard not to get a little excited. I always expected to make money here, or I wouldn't have bought shares in the first place, but if you can hang around for the next few years, as those aspirations slowly turn into reality, then it could exceed my initial expectations several times over.

"(TK) is a stepping stone, in a vision"

"A huge opportunity, way beyond TK"

"I see a much larger organisation with several mines running and a big pipeline of opportunities"

Wow!

Nothing goes up in a straight line, and the short-term is almost always harder to predict than the longer-term, however I think we can all agree that KEFI will be valued higher once in full production. So we have our starting price today, and we have a price a fair bit higher than today in a couple of years time. But that doesn't mean it'll do nothing whatsoever for 2 years, and then double, triple or more on first gold! It'll be a journey and it's hard for anyone to say what the exact route will be.

A minor point, but that's not how I'd calculate my average personally - I'd take my total outlay, and divide by current holding. That incorporates all trades along the way and so is a better reflection of overall return. It's all playing with numbers though, so up to you in the end!

Long-term, we don't want PI traders. We want IIs. That requires a whole different approach to messaging, which may not even be that visible to us.

Producing hundreds of thousands of ozs at thousands of dollars profit an oz, is a good enough "shareholder value strategy" for me. It's your perogative to disagree, but what you're asking from the company, or any company at this stage in it's lifecycle, is unrealistic at this stage.

Simply put, it's premature. They probably do have an internal long-term plan, but it's not likely to be shared with the public - too much can (and probably will) change between now and then.

GQ - give the AI a rest eh. It's not really very enlightening IMHO.

Agreed. I have 50-odd junior resource companies on my watch list (only invested in a small fraction of course, but it's good to keep an eye on how the sector moves, as well as individual stocks moving against the grain, which may indicate a closer look is called for). Suffice to say, this is not an MTL-specifc move.

I haven't watched the video - generally take these sort of opinion pieces with a grain of salt - but the notion that a larger "liquidity crisis" is the root cause is something to seriously consider, if you're interested in the bigger economic picture.

https://www.kitco.com/news/article/2025-10-21/ex-fed-insider-warns-systemic-liquidity-crisis-sees-gold-sell-major?utm_source=site_navigation&utm_medium=sidebar_link&utm_campaign=trending_news&utm_term=gold_ab_sidebar_news

Doubt it would make a difference. CNR was also listed in Canada if you recall, not that anyone noticed. GGP's SP went down after listing in Australia, after years of expressing similar sentiments about AIM. It's not AIM, it's just the market, in the broader sense. It's not rational, but so long as you can remain solvent, then you can just wait it out.

There's room for more than one opinion on the board jewster. Mine is that the SP is the combined result of a number of factors, some specific to KEFI, and some not. Most gold equities are down recently, as a result of gold itself coming off it's highs. Pretty ridiculous in my view, given that most gold equities haven't been fully pricing in the gold price rise to date to begin with, but there you go, that's the market for you. In our case, it coincided with the sell on news, so we've seen a double whammy effect, albeit, off the back of a very strong rise over the last 6 months.

Meh, it is what it is. Doesn't change the fact that it's all short-term noise and the long-term looks good to me. Those with patience should reap the rewards, those without need to be a whole heap smarter and more nimble, just to survive.

The voting machine is holding sway for now. Got to let the short-termers out before the long-termers can begin making their presence felt.

I'm feeling a bit sour, as I didn't take the opportunity to top-slice as so many appear to have done, but it would only have been for a small portion of my holding in any case. Got a few too many to be in and out with the majority of it all the time! Both by choice and by necessity, the bulk will be held for some time to come!

I also got to thinking that if so many hadn't top-sliced, we might be sitting at a higher price now. It's everyone for themselves, I get that, but it reminds me of The Prisoner's Dilemma, whereby "two rational individuals, acting in their own self-interest, end up with a worse outcome for both than if they had cooperated" (Google AI overview)

Most PIs are traders - don't have the patience for real investing. It's also well-known that most PIs lose money. Read into that what you will.

Despite the recent pullback, gold still sits over $4k. That'll do! lol

It's not an efficient use of the company's limited resources to spend a lot of money and time to prove up a huge number of ozs. Just need an economic deposit to start with. The biggest mines in the world didn't start by spending 10s or 100s of millions over a decade to prove up a 20+ year resource, they just start, and then go looking for more when they need to. Plenty of funds available once in production, for exploration or M&A if needed. Not a worry until year 5 of production, and if you think the SP will be here by then, then I think you'll be suprised.

A small number of people can make a lot of noise, but the reality is that protests, even big ones, don't make much difference these days, for better or worse. Stick to the proper process, let the authorities make the decisions. It's not even our ball-game - we have a (big) stake in the result of course, but this is up to the government to decide.

Unfiltered you a little while ago bonkers. The sins I perceived in your posts paled compared to Mr Humble's! And I gotta agree with your thoughts now. dvh is conspicuous by his absence. Many of the rest are harmless noise, for better or worse. Or at least, harmless unless you believe every word they say, which no-one should, on an anonymous BB. Rocket was possibly the worst, with his copy and paste ramping, until he admitted he'd sold out...

The bigger picture however is that posters come and go, but KEFI is still good value. No-one should take my word for it of course, but DYOR, always. I can't put my hand on my heart and swear I'll hold until divis, but I am waiting for the SP to represent fair value before selling, and it's not even close yet IMHO.

Anyone still (still) casting doubt on TK getting over the line is disengenuous, or just not paying attention, or just plain stupid I suppose. It's not if, but when, that's been true for some considerable time now. What we all really want to know, is when will we get rich?! And that's a harder question to answer! But DYOR and learn to love the process, and not just the results, and you should get where you want to be eventually. GLA.

The same pattern is repeated across the sector. I've just given up a lot of paper profit at KEFI. Don't take it personally. Nothing has changed. Gold still North of $4K for now. MTL still making money, still building the La India mine.

You've been saying they'll need a raise for months. One day, no doubt you'll be right, just as a broken clock is, but in the meantime, even with the big pullback, the SP has risen significantly, which is of more interest to most in practice.

Crisu, at this point I feel you must be trolling. DYOR. There's plenty of material in the public domain.

Arghhhh....

No offence intended, but this has been asked and answered so many times, it's not funny any more. The TK mine will be diluted - KEFI will end up owning 70-85% of the mine. This has been known for years. Dilution to KEFI as a result of issuing additional shares will likely be restricted to the $10m of costs.