Member Info for G_G_G

Quite unfortunate

Quick question, does HUR have any edging in place for 2020?

Agreed Wasa. I'm genuinely surprised a low-ball hasn't come in for say 8-10p. It's enough for the board to be compelled to report the offer, and enough for many PIs to agree to sell. I'd be quite happy to offer up my 5m for 10p. No worries.

Or we have a major accumulating before making a low-ball bid... Certainly enough shares loosely held by PIs in the market to soak up.

Thinking similar thing. Equally banks are notorious for buying / shorting stock while negotiating finance deals. Look at what JP Morgan did to SXX where they shorted the stock whilst managing the failed bonds sale. Bankers really are the lowest of the low.

Yeah thought it could be that, but the Nickel price climbing toward 12k is hardly anything to celebrate for a non-producer.

We may have a massive background buyer here. There's a lot of 'Sells' being registered as 'Buys''. I could sell 500k for 2.6p just earlier. Now being offered 2.57p. Yesterday I dropped 500k very easily at 2.425p, which was registered as a 'Buy'. Same thing is happening here today. Could we have an institutional buyer is my question as this doesn't look to be letting up and the volume is certainly being hidden...?

Sorry folks but the 500k at 2.425 was a sell (mine). Some fun and games being played on this one today. Won't be surprised if there's a multi-million buy that pops up after hours. Even when the bid dropped to 2.2 after my sell they would still give me 2.38 for another 500k. Interesting...

Yeah I agree Lobon although I do believe we will breach 30p on the next results given we will be net debt positive, and most likely have some new drill intercepts to address mine life. If gold stays above the $1700 floor some experts are calling then we'll probably start next quarter closer to 35p. Bit of patience required on this one.

Dan is a bit of a joke though :)

Simon, you really are a pathetic little man.

The SP literally defies logic for this market. If we were an oiler then fair enough. The oil market is f@cked and unlikely to change for at least a year. Gold on the other hand is likely to hold or increase over the next 12 months. Imagine if the gold price was behaving like the oil price. Says a lot about Dan's stewardship.

Dan needs to get moving on the drilling program, and stop f@cking around. His ability to deliver against his own timings has been suspect in the past, especially the resource upgrade, which took an age and was disappointing to say the least. I get the feeling he is slowly dragging this out given a t/o would surely mean he gets the sack. By doing this he can award himself a nice annual salary and options knowing the resource can be upgraded quite easily at a time of his own choosing.

News round-ups like the Alliance one don't help either. Of all the things to say they choose down 11% oz's mined quarter on quarter. F@cking joke.

Quite incredible this isn't trading above 30p at the moment. Business relatively unaffected by Covid lockdown, above 30k oz per quarter being mined, above $1700 oz gold price (and climbing), AISC likely to be under $850 for next few quarters given oil price, net debt neutral next quarter @ current gold price, plus significant exploration upside and LOM extension in next 6-12 months... Hard to believe this isn't this flying... I really do think Dan Betts should look at the SP and feel some responsibility as it's probably linked with confidence in his mgt abilities given how the rest of the sector, including small caps, are currently performing. Hopefully it will highlight certain things he needs to stop doing like poor decisions such as backing Bunker Hill v Cora, and start doing like more PR. Either way this is a dead certain 100% gain over the next 12 months so happy with my investment.

Couple of reasons:
1. Life of mine is still 5 years and needs to be upgraded to 7 years plus. Once this has been done you will have more than double the current mcap even at gold price of $1500
1. Dan has made some stupid decisions and people still doubt his abilities. The very name of Bunker Hill should be banished from the company.
2. PR has been very poor. Only bad things reported and not a lot of good.
3. Fear in the market has people running around like headless chickens. Soon they will stop and look at the pog and then, on their own, find HUM.

But facts are facts. The pog is most likely going to be at its highest point in history in H2. We will be churning out more than 30k oz per quarter for $25m+ fcf, we will be net debt positive in less than 3 months, and there's a ****load of drilling that is planned over the coming quarters to increase the LOM. As I said, I'll be adding at anything below my average of 26p. Not in the slightest bit concerned about this investment, which cannot be said for pretty much anything these days.

This is a great rns and to be honest if the SP drops I'll buy a lot more stock. Using the current gold price, which is more than likely the floor for the next few years given the money being printed worldwide, you have circa £75-80m fcf and a forward pe less than 2. We're also net debt free next quarter. These are incredible numbers. There's also the thought of gold going to $2,000, which again is more likely than it dropping to $1500 given current circumstances, so what happens to our numbers then... And of course one of the biggest costs, diesel, has halved and will be this way for the next 12 months. I cannot even fathom why people wouldn't put their money into this stock at the moment, but then again the fear in the market at the moment is immense. Easily one of the top 5 safest stocks on LSE at the moment. AIMHO

It's already dropping back on the 5-10% trades. Let's see where the SP is at the end of next week. I'll bet it settles around 5p.

Have to disagree. Check all the other non-oil AIM stocks that look to be a good for an ISA over the next year or so and they've all done the same since the new year started - ARS, NCCL, BCN... All of them will drop back due to some trading over the next week or so and we'll be back to where we started plus 10-20% from the lows. Size of trades indicate its all small stuff. The boards are also full of people saying XXX added to my ISA in the past couple of days. I'm not saying ZIOC isn't a great stock for the future, after all I have a few in my ISA. But it's certainly not a leak as some are suggesting.

Much more likely there's ISA buying judging by the small trade values. This is one of those stocks that will get put in the ISA for years to come - I'm no different in doing this. Wait a few days then watch people starting to trade and it will be back closer to 5p, which is still better than where we were.

Unbelievably disappointing i3e hasn't moved with the market. Let's hope tomorrow there's a recovery in this share. Quite a few shares dropped today at below bid prices.

OilAnalyst, I'll take your last post as a correction about the oil not being WCS (trading at $4), and instead Edmonton Par, which is trading much higher. Having said this I do agree the bod could have done much better explaining the deal in more detail, and providing a more +ve, clear update on f/o negotiations, and our current cash position at the same time. My only hope is the reason they have gone down this route is because they have access to more funds, and / or they have a f/o in the bag already. Time will tell, but they really do need to get their **** together, and fast.