Member Info for fulmar29

@ jj-I agree with your figures (now) as an absolute minimum,so what will the market multiplication of profit to Mcap ratio be ( i.e.. our valuation).I would suggest more than 5xprofit as a starter i.e.31 US (22UK) but I don't think that will be fully achieved because as soon as PC has some cash flow we will discover his main target which will need some of the cash. P.S> @Mineralex,it seems your local traffic report was more than relevant.

is a phrase I have used before about PC,because of the way he is lining up a cash asset to finance more adventurous precious metal assets,well now he has done it again and is using the less valuable (per ton)asset (Perl) to finance the recovery of Pozz.This together with non core asset sales with shares and NSR agreements is all very,very deliberate long term strategy from a man who is on a mission==Nice small logical steps that are all very Old fashioned,nothing flash,nothing too clever,this is really just the start GLA .

it may be but we have to establish ownership of casa first (may 10th deadline for acceptance/news shortly after)and then the news will flow.Couple of weeks before the fireworks,I believe.

any attendee info welcome.My thoughts are that some flesh will be put on the bones of the RNS and then as soon as profitability has been established MWG will then be scooped up by a suitor.

"Another announcement shortly"!!!!!!!!!!!!!!!!!!!!!!!

http://www.europeangoldforum.org/egf18/company-webcast/SSL:CN/ showing business well laid out,LTHs already knew the bones but nice to see it presented.And as for HM,well who would have thought !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

Casa deadline is 10th May so i am anticipating newsflow on several fronts over the next couple of months.GLA

I'm missing him already !

"The programme was undertaken to ensure that the Company's expenditure commitments were met for the project and to enhance the prospectivity of the project which is currently offered for sale or joint venture" although we are required to do the exploration on Bakers,it shows intent regarding non-core assets.

all day yesterday the spread on here was showing 33% as it is today.There are no reported trades yesterday-strange ! Large order(s) being filled ? If that is the case,they may have a problem as liquidity is low,and LTHs are going nowhere.

@angus-the market has nothing to do with it at 08.15,more like the MMs see an opportunity .The market will like it as they will see a clearer indication of the new board direction.Sell the significant non-core and amass future profits on the way.I.e de risking the business,with others taking on the work and costs.

this still means the same to me -the CS cash will be used for a project with greater assets than Junction and Bakers, together with keeping NSRs and cash from both on the way.Nice grades,so could be a very good price or big NSR -P.S. Mineralex 20m @ 12.5p will buy a few new Rangerovers. And I agree with the TYM thoughts,I have said for a while I see a future entwined in some way. GLA this is a goodun.!

how eloquent,and so nearly grammatically correct, .But still no detail of why PC would be embarrassed.

What exactly is it that you think he should be embarrassed about ? what has he not done that he said he was going to do ? All messed up and no idea comes to mind ! or do you need the price to fall ?????

what I absolutely love about that project is that we have cash/shares and an NSR revenues due .What I love more is the probability that we let it go knowing that it wasn't our main target, so.the cash from CS is earmarked for somewhere else with greater potential than Junction.!!!!!!!

I don't think it will take anywhere like as much as 2 years for this to start moving.The idea behind CS is that it is a simple structure and easily mine-able,and involves two minerals with growing demand . So as soon as the license is gained (poss MOU or orders on the way) I really believe this will begin to tick up and then increase the mcap in logical stages as we move into production and then we will start to use the cash on other projects increasing value further. .MMs jiggling the price about on tiny volumes I think means they know this will move sooner rather than later !

@Cattleman,please make sure you get clearance from Boorman before drinking with and/or recounting any conversations on here.

well,it's not a bad thing.Someone is confident !

LRGS trade (large in scale deferral)

a mining permit for a shallow open pozz and perl extraction will be a lot easier to get than deeper low grade au/ag as appears to be present nea by ,so one step at a time.and maybe later ? ????