Member Info for EyeGuy

Morning herts- of course Holding : nccl, Ntog, sres, arcm, gwmo, sgc, clp, infa, gwmo, bzm, evg, ggp, and small amount vela and gbp. Happy with my pf there

Cheemap- imo still much higher than now. Across the projects even say 2 million tonnes its still $14 billion in ground copper. The bod seem confident of the geological model and imo if grades are good on sharktooth drill ie over 1 % and over a good distance, I think 5-10p range will be met due to the anticipated value of the copper. Even at 10p say, £60 mill mcap that is only 1% of the possible in ground value. And then there are the other projects too. All 100% owned. Hence I am holding

Think they are paid trolls. Had feeks and spot on arcm/otc for years doing the same thing and as soon as the sp goes up they miraculously disappear. The intention there was to protect the gullible pi from bulletin board rampers. My argument has always been that these are future events. They have no idea if the shares will 10 bag or go bust - they are guessing. All the posting for a balanced view is nonsense. So imo some are paid trolls and probably most are swing traders or fake bears. Ie they try and talk the stock down and then buy, then as it goes up sell then rinse and repeat. They are not telling the truth

It could well be jayster- depends on the drill results especially from sharktooth and I agree with Andrew.w that m4 is the dark horse. From previous rns The 2018 drill programme is underway with an eight-hole RC drill programme to develop the M2 JORC resource and a diamond core drilling programme being conducted on the M2-Sharktooth Zone in the centre of Black Mountain. The objective at Sharktooth is to prove up a deep high-grade Iron Oxide Copper Gold ("IOCG") deposit. The M2- Sharktooth IOCG target is modelled as more central, higher grade and nearer to the source of the M2 IOCG mineralising fluids, creating the stringer zone of the M2 mineral resource. The pessimistic sharktooth target is circa 700k tonnes of contained metal so that’s ballpark $5 billion worth there. The optimistic is more like $60 billion worth. Good drill results will imo show a significant re rate based on speculation of how much copper is there. Of course if the sharktooth drills are poor then it will go down. But then geological model developed is based on the m2 resource coming from the higher grade IOCG under sharktooth. They have done scout drilling already there.

Can you clarify which drill results Jacksm. Is it M1, M2, M4 or sharktooth drill results where the sp will drop under 1p?

Maybe a strong finish with position taking? Seems to do well late afternoon

1.7’s coming today. Maybe 2p tomorrow

https://m.youtube.com/watch?v=d4LeX6Xq7mQ For anyone that missed it

Great post Andrew. Agree completely with your points. Soley- Agee and imo worth reading last years rns again and comparison the exploration target for sharktooth with m2 http://www.lse.co.uk/share-regulatory-news.asp?shareprice=GWMO&ArticleCode=6za4rxtf&ArticleHeadline=Significant_M2_JORC_Resource_Upgrade Sharktooth imo will be the main share price driver here. Should have finished the hole. M4 if as good will be a lovely bonus. DF said the optimistic side is 8-10 x that.

2p before news would be great. 4 or 5 bits of news due which individually and together could really push the shares on. M2, sharktooth, M4, M1, new Jorc. Busiest summer this company has ever had.

mms short again by the looks

Lmao - trolls cant even read. From rns - and this is regarding the 2.59% copper  A high coincidence of Manganese (Mn) with Cu in hole M2-033 from 2018 and holes M2-010, M2-30 and M2-026 from 2014 has been noted. This coincidence continued at depth in M2-034, providing good indications of continuing hydrothermal oxidation. This is a very positive sign that provides significant encouragement for discovery of the higher-grade Cu Au source targeted by M2-041 in the Sharktooth Zone.

If they find 10 million tonnes contained metal 1% copper then £1 per share is a possiblity yes. That is still only 1% of the in ground valuation. However first things first and lets get some good results in. My target is that I will be slicing some at about 7p and I will let the rest ride.

No it’s isnt. Historically the company has been contrained by a lack of funds. Last year they raised circa £2.6 million at a price much higher than this which is now bein spent on 4 drills. So it isnt hype. The explorations targets have been in an rns and the interview last year states the companys optimistic target under sharktooth is 6-700 million tonnes. Those numbers are world class. So it depends on what they find of course

Good morning Andrew. Next few months should be exciting. Happy to hold. Even with the SP at £1, if they hit 6-700 million tonnes at 1-1.75% copper that is only 1% of the inground valuation. If the numbers are good we are in for a serious rerate imo.

Copper now $7220 per tonne. Do the maths if they find 7-10 million tonnes of it. Gla

Silly post from Riseagain - again. As has been posted. News due: More M2 holes and Jorc. M4 results. Sharktooth results - 3 holes. M1 drill on the border with crown point. So 4 big bits, maybe 5 due over next days, weeks and months. All at looking to increase substantially the amount of copper resource from the reported $550 million in ground value they already have. We know the Jorc needs redoing. Any sniff off good grades and this is multibagging. Folks can do their own research across aim and see what mcaps copper plays have. MTR - 13x this market cap for their deposit (taking into account mtr’s 30% ownership). Solg’s mcap 50x this. Plenty of upside with this having tier 1 potential in Nevada

Here is a fact. I bought these at 0.40p ish about 16 months ago and sliced some but still have a core holding. You must get your facts straight before posting. A tinge of jealousy I suspect. Same old shite day in day out on these bbs.

It will come down to grades. If the sharktooth hole is showing good grades over good distance then the share price will rocket. The company optimistic expectation under sharktooth is 6-700 million tonnes which if found will put the size of the deposit similar to Solgs cascebel - which as a company is much further along but the mcap there is 50x this. Gwmo has 100% owned projects in Nevada so its safe. But its down to the rns detail. The 2.59% hole is positive as that could mean they hit a sharktooth outcrop. Big copper plays ie multi million tonnes of contained metal and over say 1% are rare. Results soon. Happy to hold. Hope that helps

Good sharktooth grades- ie 1% over good distance then 5p+, maybe 10p. M4 is a bonus. Anything decent there and again pushing higher. Its all good imo. Lots of drills turning and no doubt more copper on the Jorc. Copper favourable too- not any stocks I can think of with this much potential at this Mcap. Imo dyor of course. Further down if they have 500 million tonnes at 1% then imo mcap £200 million plus if on indicated category. Ie imo plenty of upside here