Member Info for EnricoPallazzo

What was wrong with the presentation? You seem to suggest it was responsible for the price drop. Or is it just that the people realised the money wouldn't start to roll in within days?

Indeed. However, I think a buy at 2.53p is still a great opportunity!

Copper price fluctuations + people getting jittery waiting for the drilling RNS.

I agree that the by-products at Cangai look tasty but the focus is definitely on copper: the selection of targets indicates it, as does the choice of the company name.

I reckon the Cangai project offers a huge upside w.r.t. to the existing JORC compliant resource estimate, so the contained metal value will be easily over a billion pounds. However, that project will require some investment to get to the upgraded resource estimate and BFS (see the Cangai roadmap on the company website). I suspect CCZ struggled to secure sufficient funding for a large project like that and have decided to focus on easier and quicker wins (Mt Oxide) in the meantime and, once a JV with a major mining company is in place here, they'll be in a better position to raise funds for the Cangai project.

It's good to see that they have a pipeline of projects and interesting prospects, with a mixture of greenfield and brownfield developments, so there's no shortage of exciting nees to come here in the weeks, months and years to come!

I'm particularly impatient to see the results of the drilling campaign at the Big One target within Mt Oxide. Drilling is getting underway as we speak; we should get a confirmation of the commencement next week.

All in all, a very exciting opportunity here!

Or even pounds per share? (What would you do with ponds? :-)

I don't know about big sells on Monday but have a look at what happened to GGP two weeks ago after it had reached... exactly 27p. There was a week-long slide to 18p and then a week-long stabilisation at ~20p; the upward trend has resumed just now.

I know most of you feel the SP cannot go below 25p but it can. I felt the same about GGP at the time and so I ended up topping up at 24p and then again at 22.25p. Had I waited for 18-19p instead...

I have no axe to grind here but beware of those encouraging you to top up (promising ponds per share) whilst they're selling up to take advantage of the subsequent drop to buy back cheaper.

https://www.reuters.com/article/us-health-coronavirus-integumen-idUSKCN26F2KE

There has been a lot of discussion and speculation about the nature of Dell's involvement with Integumen and Modern Water but isn't it as simple as this Reuters article states?

”U.S. group Dell Technologies has also joined to provide data services, Integumen said at its annual meeting on Thursday."

What else do we expect from Dell here?

Thanks for the link, DG12. There has been a lot of discussion and speculation about the nature of Dell's involvement here but isn't it as simple as the Reuters article states?

”U.S. group Dell Technologies has also joined to provide data services, Integumen said at its annual meeting on Thursday."

What else do we expect from Dell here?

CCZ is still under the radar (for how long though?), and the temporary dip on Friday offered a fantastic opportunity to take an initial position here. The SP dipped in the morning (I managed to get in at 2.40p) and then recovered quickly in line with recovering copper prices. The latter are poised to continue the upward trend next week, due to high demand from China, so there's another good opportunity to take a position or top up.

Have a nice Sunday and an excellent week, not just on the stock market!
EP

This will bounce off the 3p support line on Monday, and resume its upward march, in line with SKIN's share price. Some holders were spooked by the extension to the publication of the offer documents but it's coming this Friday, so people will take positions in anticipation.

Looking for 4p-4.25p by COB on Friday, unless another juicy RNS drops at SKIN, in which case it should go even higher.

Hi Elise1,

40p? Very unlikely... 46p looks nailed by the 25th though! :-)

ATB
EP

Tiggerman,

I agree that this is the most likely outcome. Besides, would GH really want to hang up his boots (or rather his pick) once Havieron is gone? Unlikely, especially if one of the currently drilled targets looks even bigger! Why flog the whole company if more fun is in the offing? GH will soon start talking of 'making it a 10bn company'... :-)

ATB
EP

Of course, gold seems shinier and more exciting but, in the end, investment is all about making a good profit, so don't forget about the recent performance and predicted rise in copper prices. Those of you interested in derisking here, diversifying their portfolio and taking advantage of a potential multi-bagging opportunity may want to have a look at CCZ (Castillo Copper). A copper-focussed micro-cap, dual-listed (ASX/LSE, not AIM!), drilling starting now. What's not to like? Check out the CCZ discussion forum.

Indeed! They have a juicy budget for various initiatives over the next few years. Bodes well for the recently signed agreement; other similar agreements should follow.

Good morning,

I'm re-posting the broker note for any new visitors to this forum, as a good place to start their research if they're interested in investing here:

https://www.castillocopper.com/wp-content/uploads/2020/09/Castillo-Copper-_Broker_Note_01.09.20.pdf

Looking forward to the drilling campaign at the Big One target, which is due to start asap!

ATB
EP

Sounds like that short has gone a tad sour...

Good stuff!

5m now!

Pitterpatter,

Fair point but 'the herd', as you call them, are interested in quick profits, not in waiting two years. It's possible that some GGP holders lured by quick profits here have sold as soon as they've heard the name Newmont... Brings back terrible memories.

Yes: securing profits and moving back to GGP for the next leg up. Or seeking multibagging pastures new.