Member Info for FunkySausage

Yo .... Trying to find when exactly we will start drilling out yanfoilia or whatever its called. They said it was going to be in May if my memory serves me correctly. If it is we are in May so let's go go go. Anyone know exactly when we will start? ( please correct me if I'm wrong ) Woukd like to start asap LOL 50p seems a nice target )))) Funky

Blimey dunks give it a chance, we already put ALOT on recently. The update should give us a push, plus rumours of trouble in Libya with the oil controlling LNA. Saudis calling for $80 - $100 POO Opec keeping supply tight World inventories are low. Tullow getting debt under control. Sounds all good to me. Funky

Exclusive: OPEC's new price hawk Saudi Arabia seeks oil as high as $100 - sources Is from Reuters .... copy n paste into Google sry cant the provide link here for some reason. Funky

Ignore this last post pls not relavant to this board.

Yahoo finance is saying this is now oversold and the RSI reading is 25.96. A reading below 30 is considered oversold. Funky

Thanks for the response Tucson, at what point do you think we will enter the FTSE 100?

While Kaz is remaining strong will it hold onto its new gains between the production report and the financials 3/4weeks later ..... Funky

It doesn't take 3 yrs to do the pre/feasibility. Thus meaning their in no rush to finish up, they will slowly do it and finish up once the copper price has recovered, 3 yr copper predictions put it back upto 3$ a pound, I don't see any value with this deal and ak has it bang on, crappie deal imo, as I have previously said, woulda been better to mothball lc and come back to it in 18 months when copper is stronger and we could obviously strike a better deal. Funky If u wanna top up just make sure we have enough cash first incase they want some more to pay our fantastic directors.

Meant to say 150 mill $

This is the problem now, there isn't really any good news to come, only the completion of the gold deal and the ugly lc deal. I still have a few shares kicking around , just couldn't get rid of em all, shame. Won't be long until the begging bowl is ultimately again, it's a shame I believed the bod when they said they wanted to be a producer, only all of can see now is a few more drill holes needed, so that's back to exploring, which we really can't afford, best case scenario which will never happen, find some good near surface gold and get it out if it's not optimised no biggie, as long as it pays bills, but u got no chance. All I can see atm is dilution and paying these f@@@@@s for at least another 5 yrs until some money might and a big might arrive from the sale of lc. But if we're 2 yrs away from gold production what will happen until then, money is needed 2 yrs worth , not peanuts ? So frustrating , such a good resource. Personally I was expecting lc to fetch around 200$ mill/ 15p at worst, and they kept saying they wouldn't sell us cheap. Jokers Funky Ps STILL VERY ANGRY

Nope

I just can't see anyway this can seriously go up now, we need to drill , which we will be made aware off of which funds will be needed, OK it can go up a bit there but no where else, they have said production is 2yrs off, long time to be milked by this board through dilution, the fact that we have no cash through the deal for mnc is what has killed it for me, I feel like they kinda gave up and just used this as a easy out, lc was meant to be the golden ticket, well no more we just gifted it for a paltry pittence, their not even going to do it any time soon , 4-5 yrs, really, cd just waiting for copper to be up, don't see why we couldn't mothball the project and done the same deal but in 2 yrs , would a got a much better deal and if we cashed in would a brought us ghe money for ghe gold at the right time, knowing wh and how he likes to carrot stick us the gold will be 5yrs and lc money spent there, 12 billion shares no doubt , with his generous options, I will return and still lurch here from time to time but today really got to me, lost all faith. Gl to the holders, I truly wish u all the best luck in the world. Funky

So we got screwed imo, we will own 30% of lc when she is finally ready to be sold or devolved. If developed I voted see us being further diluted if sold we get 30% of what it's sold for in 5 yrs time. Considering what was spent on it to get us here we have been sold short. Even worse we get no cash for mnc, which we need for the gold project, im shocked at the management decision nothing deal as they have always said they wouldn't sell us short, well they just did. Maybe they needed to use it or lose it hence our previous single drill hole, personally I woulda preferred to mothball get the gold up n running and come back to lc in a better climate. Still I'm done here and with aim, been a expensive learning curve but life goes on, gl to all Funky

Metminco will own 49% on first 16 mill

It's what the herd do, in for a quick small daily % try to limit potential risk by selling and locking in profit

Hahaha, u mean the board bully is missing. Funny that, considering he used to post 45 times per hrs. Guess he was another fake, like gold bullion n Co, u never know maybe one of the same

Would love to speculate, but until the deal is announced its not really possible to give a accurate prediction, but once the announcement is in I'm sure we will all have a.good go at what and where we will and can be in a few yrs. Funky

Picked up another 5k worth today at .23, good to see the herd arriving, must be something in the air, I pray that we aren't low balled and the don't think we have been as they wouldn't take the deal this far Imo. Think I need to be at about .80 to get my 40 bags back. Would like to reduce my holding , but not at a loss. Fingers crossed that's it's worth the wait. But will still hold half my holding for long term, if the get out of Jail card arrives and I like the sounding of the news. Funny how breaking even can feel like a achievement some times. Gl yall Funky