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I do the same when bored. You get the hot stocks like HE1 currently, whilst most just languish. Few buys and sells and any rises quickly sold into. I still have hope in the Zambian copper story, but to me 2025 is more realistic. And at what point will new investors actually buy shares in mining companies ?. Just wish I bought Nvidia instead.
Keep positive. With articles like this there won't be any rush to go electric.
https://www.express.co.uk/news/uk/1869415/Electric-car-warning-as-hackers-could-attack-National-Grid
Come late 2024 and 2025 there will be multiple companies drilling in NW Zambia. One would assume Colin would release news quickly for XTR and GLR if the drill results are good. The majors will do things in their own time. So timelines will be a tough call. We are currently waiting to get an update from APF in relation to the drilling by FQ.
Something happening ? Iam expecting AFP news but GLR would do.
FQ are doing a investor presentation tomorrow. Hopefully we will also get some news.
Ana. In these countries it can be a problem with people moving in just to demand pay offs. Unfortunately political and environmental factors are making mining very problematic and deterring investors. Rio Tinto now have their share of issues in Mongolia. Hopefully Zambia can avoid them.
Manica is nowhere near the affected region. And should the region be affected (extremely unlikely), then XTR would be hit as the Chinese can just walk away. Political risk is always a problem in the region as it is in South and Central America, DRC etc etc.
Ana, which comes back to Jamies point. There is no value attributed to Star Zinc. And I think the locals have a point about not wanting dynamite being used next to their houses (I accept in these countries people often put their house (shack) close by to get a pay off).
Hopefully Colin will start to get some good deals off the ground in his stable of Companies. But shareholders have the right to ask the question until that happens. And after saying how much Manica was worth after the AGM, then selling it for a much lower price a few weeks later ..................
Jamsie, sad but true. Star Zinc (GLR) and other projects have ended in similar vein. MC, as CEO at Caerus was just as bad. The poor due diligience has been an ongoing concern for me. I just hope they get their act together. Also these projects normally require a higher copper price. And China isn't playing ball on that account.
No one has ever doubted that Zimbabwe has gold. Or other minerals /diamonds etc for that matter. The problem is the politics. There are very greedy hands to feed and any find will quickly be met with politicians, tax inspectors and environmental officers. Best let the Chinese deal with the hassle and take a reduced up front payment.
It is interesting given that even us ardent optimists have never cared for the Zimbabwe gold assets.
Bulawayo gold ?.
Https://portals.landfolio.com/zambia/
For all licences the Zambian cadastre is useful. Zoom in for more details.