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There may be trade opportunities but this just has too much bad news to catch up in its way way behind where it said it would be and the track record cannot be contradicted it could go to 1.5 over the next 4 weeks and if the RNS machine breaks new lows over the summer add the obligatory technical pauses like unusually hot weather or flash floods the usual excuses from the junior explorer playbook and there really is no bottom. The new cash burn figures would be interesting too i expect they have more than doubled

Same tantrums and insults while price action says all the things the company can’t and won’t. Onsite and logistics costs increasing which will need to be addressed soon too

The latest incarnation of the fantasy metal company getting found out project hop planning will accelerate to the revelation of a desperate leap into O&G. Sub 1p is very possible in May when drilling news is either late, incomplete or both. Then the inevitable delays to all the other fanciful predictions same old story here

Down 60% from the highs and sure to fall further with absolutely no news due for over a month but then that news will be late and incomplete leading to yet more questions. Soon or later they will have to admit the whole project is delayed. At some stage a project hop will emerge. Possibly oil or gas as this lot are late to every party or they would be if anyone invited them

Basic summary

We have no news, maybe there will be some in April but no promises

We haven’t been drilling much but we didn’t tell you at the time.

Its ok now because we are telling we are finally doing what we said we would do many months ago but at increased cost. We promise we are doing what we say, scouts honour pretty please believe us and don’t look at our track record which is abysmal.

Pumpers getting desperate they can see where this is going delay delay delay omission omission omission cash burn must be huge now might have to be a budget project hop before its all gone. Is it copper/silver again now? They desperately threw gold into the equation previously as they spouted rubbish about antimony when that was riding high. Whats the betting they strike oil and gas at some stage now?

Results suspended for another month at least with caveats for a longer delay. Funny how they didn’t report on the drilling problems during the events improved rig means greater costs. Knock on delays inevitable one buy on the news then down it will go again. Sub 2p inevitable short term

Report misleading quotes, nothing more misleading than pretending a member of the Rothchild banking family was involved with the company. Fact are this company fails at every endeavour and fails to report their failings along the way. This one is starting to mirror Igli market not being updated on drilling status or drilling results. Are two drills turning day or night? Simple yes or no. Its been 6 weeks since the jam tomorrow 20 holes a month from mid February but no confirmation. So its not happening, no one sits on good news. Look at the history here. It tells you everything.

Until they actually demonstrate formally they are consistently and successfully drilling this will keep going down the last results were getting on for 3 months ago and were nothing special for copper that why they threw gold into the hat. Have they quickly realised the latest golden goose is pyrite? And are hoping everyone forgets again. Who would rule out a bonanza move into oil next? Always late to the party here and badly dressed

Down over 30% in less than 3 months and down 60% from the highs is not much to brag about only facts matter and there is nothing factual to back up the 20 holes quote. Some pumpers already mentioning the next project hop

The only confirmation was of intermittent drilling and the 20 holes is a PLANNED target and is yet to be confirmed? By a formal means if day and night drilling was now happening they would formally inform the market not do a desperate sounding Sunday roast pitched that crashed the SP and its still falling. Same old jam tomorrow it was so easy to do videos of rocks but not of operational drilling rigs on site? The price is crashing because the jams gone off

The price and demand for the pretend metals remain roughly the same. ZERO. Where are the latest overdue results and the videos of those two drill turning day and night? Was there ever a follow up confirming that two drills are now turning or was that the latest very small portion of jam tomorrow?

Its the most basic piece of research a trader has available and it takes less than an hour. Look at the RNS history, does the company do what they say, do they hit timelines and do they keep the market accurately informed. Do they jump from one thing to another without results or conclusion are the timelines riddled with omission? Are there other sources of information to back up their claims? Theres a reason liquidity is so low here and the spread so discouraging its because the most likely outcome is there for all to see

The path to failure exactly mirrors the path to success it doesn’t go in a straight line. This will fail its failing now and always has been 10b shares at 0.02 is the future

The destination of the SP is fractions as with all failed prospectors it might be 5p by the year end just as its previously been 5p but failure and dilution will eventually move the decimal point

Omission and ambiguity is all the company does not one single previous project has adhered to the formal pathway of a listed company. This project will go the same way timescales will slip news will become less frequent until total silence falls. Then the next project hop, the billions, the big names and the declaration that this was the ultimate ambition all along. All those videos of rocks yet none of a functioning drill it really does get you thinking whats really happening and where the money is going or gone

I did say last year this bunch of clowns would play the weather card. Is there any actual evidence that drilling is taking place? They seemed to come up with lots of rock videos but not a video of actual drilling. This companies track record is beyond appalling i strongly suspect they are dreaming up the next phantasy project hop as this latest billion dollar bonanza falls silent. Maybe it will be oil next. They’ve certainly gone through the pretend metals market so how about made up oil next?

Same old tried and tested modus operandi here. Its had Rothchilds, bonanza silver x2, exclusive phantom antimony agreements. A heralded revenue generating metals exchange that seems to have had pretend revenue. Drills that take half a year to cross the Atlantic. Videos of rocks in a desert. Delays obfuscation and omission is the only success here

If the new chap is adding material value then its price sensitive information and needs an RNS. Or is this news just the equivalent of a stock library picture of a core and a rock. Has there been a video of a working drill yet at verified location?

You don’t go on Sunday Roast if you have good news sitting on the desk you go on when you have nothing and want to desperately shore up the share price. All is not well in the mountains. The anomalous rocks are refusing to appear in any more videos