Member Info for FrankyS1971

There are a lot of junior miners that trade at massive discounts until they can prove what the size of the opportunity is, provide a maiden resource with economic guidance with an in year plan and also show that the operations are fully funded. We have a level of success but a lot more exploration and analysis needs to happen, the maiden resource looks like a few quid nothing more and there is crucially a massive overhang on the dilution story so why do you think investors are going to clamour here - they simply are not. Most buying is retail investors loading up on risk or averaging down, they are not new buyers. they will wait until there is more clarity. Therefore don't trade as you're never going to call it right enough to gain so holding and patience is the key IMO.

Hi FC sorry about earlier - I think being down an IT rabbithole for the past 2 days has got my knick knacks in a twist!:-)) I m sure you ll know more than me so I'll get back in my box! # also a bit of a chump for buying in at 0.6! anyway nothing time won't sort as I do have high hopes over the next 12-18 months

Got to love the golf. Played 12 holes at my home course yesterday and tee to green was on a string. then proceeded to miss all birdie putts from holes 6-12 from. 20ft, 8ft, 6ft, 2.5ft, 8ft, 10ft and 6ft. As soon as I sort the putting out, the swing will probably disintegrate:-::::-))

Fair enough Hitou - taken on board

Iceman i whole heartedly agree with your sentiment. I infer that your view isn't that a tailings narrative is somehow depressing the SP as suggested. Or indeed that things are so awesome Barrick are licking their chops and about to take NTVO over!:-)!

The worst thing is I'm invested but when I hear unhinged rampy sh8t I have to swallow the vomit back down and call it out. This will possibly go places and reward us all handsomely but please stop the horses8t.

Incorrect Potential2Rise the market is NOT pricing it as a "tailings cleanup" and to suggest that is just fing annoyingly stupid. The Market is pricing this as a business that has a history of dilution with proposals for more substantive dilution on the table. The market is pricing it as high risk owing to the model as yet not being proven that it can be efficiently operationalised. Narrow Vein Mining = higher Ops costs. Outsourcing of Ops mining = less control on ground and higher costs, - its not our team. Further we are at vagaries of flooding (already had that issue) etc etc... In all there are model risks and it has fck all to do with a tailing cleanup but you tell yourself that san.

FC hahahah - takeover target!!! give it a fkin rest. Like Barrick or Newmont have any interest in a tin pot artisinal mine. Barrick are interested in mature mines that are producing MMs where they can bring superior operational expertise and tech to extend the mine life. Give this 10 years maybe if it all went exceedingly well . to suggest barrick would take over NTVO is so childish that I'm going to find it very hard to ever take what you say with any seriousness. Am i being harsh people?

you can't sell jack in this game only create awareness. they have to choose to buy and the issue is about supply chain and procurement which is a tortuous process. further budgets need to be reallocated and so you have various department heads having to politically argue where the cut is - to make way for the new spend. you think a sales guy is going to push against the machine and also learn the nuances of each territories process somehow?? for an investor ec you seem very green. gdr needs to be bought by a much larger outfit who have the relationships and procurement piece in place. they have the political power to push their existing lines so as a small outfit...1. they aren't attractive enough to get bought out by a bigger player as the revenues don't move the dial and 2. sales will be incredibly slow - in the end you'll need more dilution to keep going. its a **** business model regardless of the use case imo as they can't scale at pace which they've proven. gdr is the very definition of investor madness. you keep expecting something different but the model hasn't changed and can't because it is what it is.

Could be a very long wait indeed to ever see 0.6-0.7 again!

Https://www.newmediawire.com/news/critical-mineral-rich-bolivia-is-at-a-turning-point-as-it-courts-western-investments-and-friendlier-u-s-ties-opening-doors-for-miners-7086258

There is nothing happening with 2 shell companies - they can soon wake back up on movement in Bolivia - better to look at the govt mood music than anything else as they work on their mining rules to get investor confidence back.

GHOST the 5% drill plan was always the intention from Day 1 as you well know. This is to get a shallow mine operationalised with a maiden resource., As CEO in a parallel universe would you A. drill lots of random holes across the whole prospect showing no continuity and therefore nothing that can be operationalised. B. Buy more drills and dilute everyone into absolute oblivion. would you like maybe 6 drills sir?? I m glad you're not in charge. I personally will go with continuity over a small area that is profitable and proven before using that money to snowball a wider district mine along the length of the fault line. we only need a small overall percentage say 10% of the project to show continuity and it will be hugely profitable for all so wind the old neck in good fellow.

I don't see what the problem is. fine I'd like to have been in at 0.3 and not 0.6 but this money is going to expand the project and make something of real value over the next 2-3 years. or would you prefer a few shovels and an artisinal miner that gives you 1 or 2 X?? more money = more ambition. Obviously hurts on paper but hold for gold.

Its very simple here the drawdown versus selling the gold. What happens and when. More monthly dilution or a proven model. I think this may be a few months of frustration and overhang but 2-3p is not too bullish provided they can indeed operationalise. Youbll have to wait 12months probs

11k of stock???? Shows how easy the price is pushed about on an illiquid stock doesn't it. Goes to show you re knowledge as if it's a big transaction with any meaning. The only mine you re involved with is Minecraft in your bedroom.

Irish finally admits that this will get into production. Super positive of you at long last. What mines can you please tell me about that went from rocks being kicked through to funding, purchasing licenses, pulling together a team, buying rigs, drilling, buying more permits, attracting key men with access to capital, getting initial assays corroborated etc in what is it now...2 years? good that a couple of very experienced people are now in the business (they don't seem to be moaning about the waste of effort and the investment partners stumping up a wad of cash (they don't seem to be moaning about the waste of money). But no they're all totally wrong and you're right Irish. Though you've never once been involved in the industry have no information, don't know the processes involved and have no licence to say anything credible. BUT if they are miles off track here and you've got other case studies of other mines that have gone from identification to production in less than 3 years with no investment, drilling and all the other things that take time then I'm absolutely all ears. Off you go Irish - the floor is all yours san.

Tanzania!!! lol!!! what an awful jurisdiction I mean really. Look at what happened to Acacia Mining and others. the first whiff of success and the Govt will strongarm them into a worse deal. same ruling party same politics - evil white man is stealing our resources and HE! is making money...right lets demand they hand the operations over and drag them into a legal battle then settle for a much better deal or force them to sell to a major at a cut price. Seriously its a terrible terrible country for business.

As I have said enough times - Look at Lorna's track record. This is right out of her playbook. Her last outfit never fulfilled all the promise and was diluted into oblivion. the MCAP is now what 60 odd million?? well good luck with that.

60% success rate???you think that's low Ghost! The ambition is to hit 10% of the 50sq Km with continuous strike so its operable. 60% seems well above that number albeit with only a small fraction of the project drilled. More drilling is obviously needed. As for the rig in Canada this was a revamped machine to keep a lid on cost and management looked at various options - this was the cheapest option to get commissioned. The delays have largely been down to weather and ramadan (more a god thing than Charlie though he may yet prove himself to be God) so the pace will now increase and over the next 6 months we'll start to see a better picture and a maiden resource with initial economic assessment. I can't really see what hasn't been communicated, what isn't clear and what the issue is? Any serious investment will come when there are more answers and that's fine as initial investors will see more upside having taken more risk including slight delays (they are not huge by anyones standard). Of course the project has a risk to it but the balance is to the upside which is why we're invested and patiently waiting for things to properly develop. the warrants at 4.5 p no doubt will slow the pace of SP progress again but if the money is used to build out further it'll hardly matter. we shall see.