Member Info for Gixxer-600

21-Mar-23 12:24:10 1.43 642,167 Buy* 1.40 1.45 9,183

Unless it's A4444 - Who has boundless positivity here...

Wonder if he was involved in Eureka?

https://www.youtube.com/watch?v=-ea3ERJmURw&ab_channel=FoteMachinery%28FTMCompany%29

I didn't get the impression he was the type to 'lick his wounds' - He also actually stated that he was just too busy with work to post or do any research.

Shame, as his input would be valuable

I get the impression theiceberg has left the building......

Worth a scan if you've not already.

https://www.boliden.com/globalassets/operations/exploration/mineral-resources-and-mineral-reserves-pdf/resources-and-reserves-aitik-2018-12-31.pdf

2017 - Total - 1 148 000 - 0.14 [g/t au] - 1.2 [g/t ag] - 0.22% [cu]
2018 - Total - 1 161 000 - 0.14 [g/t au] - 1.2 [g/t ag] - 0.23% [cu]

Shows BR could well still be profitable when the near surface 'high-grade' shiz is depleted.

Hopefully Bird is not BS'ing us when he stated the near surface volume could pay off capex in 4/5yrs. Decent bit of profit after that then go deeper if cu price is still decent, which it should be.

Only other 'near term' energy solution will be RR's SMR reactors and they are years away from being up and running.

A question for Bird at the AGM, I'd like to know how we are paying them too! - Could well be the roast team dumping shares of late...

https://www.google.co.uk/search?q=Martyn+Churchouse&rls=com.microsoft:en-GB:{referrer:source?}&ie=UTF-8&oe=UTF-8&sourceid=ie7&rlz=1I7ADFA_en#fpstate=ive&vld=cid:c5fe43b8,vid:1oetnrw5u0w

Comes across OK - Certainly seems more pragmatic than Bird

You would really have to be cynical to believe their DD was not done correctly. At the time up to signing you would certainly hope all was well. - You're right HZ, so why wasn't this picked up on?? (We found out post purchase it was all over the news)

- The thing is HZ, a pattern has formed and there's a common denominator here...CB. 1 or 2 feck-ups, fine, this is mining after all! - But you've got to admit he seems world class at picking up a new project that can't deliver anything, we just lose money. In fact the only project we've made money on was one that Jan Nelson bought!

Look at the pattern here. show DD to you?

- Buying a mine in the middle of nowhere and then realising, years later, that it's not going to be viable as it's too costly to transport. Poor DD in my book.

- Finding out your partner is some sort of mafia boss and it's been all over the news in Africa. Poor DD in my book.

- Giving 450k to a diamond miner to get him started on out alluvials only to find out his...wait for it...diamond mining plant is useless for gold alluvial mining. Poor DD in my book.

A big find, Odyn knows how many years ago, was all well and good but Bird using us and our money, as risk, just to show the market and his ego that he's not a one hit wonder...

I say again, it's long overdue you took a step back Bird. We need someone at the helm that cares about the company and it's shareholders.

>>Eureka now dead and buried - Seems so.

Only a few weeks ago Bird was going on about how much due diligence he and his team do..... Looks like you need to get a new team Bird, your track record at XTR for taking on projects that go nowhere is the only thing that's world class!

I recall he mentioned 'un-jorq'd' material in his blog, it was 'the fatal flaw' in Steve's calc. But not explicitly the 730.

I know it's a bit hypocritical me quoting words from Bird but was just going through an interview dated 19-12-23:

'In total, let's just get it all in perspective if we can, I used to go on about I reckon were going to get 500e6t, (he was also 'going on' about 1e9) we've now got 730e6t, inferred, under our belt and if you remember some of it, from the Racecource is indicated.

Anyone know where the 730e6t came from? (He mentions it 3 times). Don't recall seeing that in a RNS. - Bird getting his numbers wrong again or his he including material that couldn't be mentioned in the JORC? (I had a conversation with a shareholder some time ago who had had spoke to Bird on the phone, he told me Bird had mentioned ~there's a lot more copper not covered in the 1.3e6t)

If Bird was correct then that's ~1.6e6t[@ .22 cu Eq] so if we could get another ~20% from the extra drilling we'd be knocking on the door of 2e6t and escape from AA.

Docit - We just need AA out of the way, especially if they are not really interested. I have a feeling they won't make it easy for us to escape the 2MT/DtM clauses thou.

To be fair to Bird he did buy shares in XTR recently and spent, roughly, the same amount as he did buying JLP

>>No, I’m paid per word ;-)

You got a good deal with CB then... :)

>>I really don't know how he can get away with spouting wishful thinking as facts.

I'm not sure he can, over the last few months I've been collating and saving his interviews/presentations and making note of the statements he's made. If BR turns out to be no-viable after all Bird's been spouting I will be looking to take legal actions against him. Let's face it it's not as if he was hinting that BR could be good - He was shouting from the rooftops that it was going to be a world class asset.

In one interview he stated that the mine, BR, would still be going after all in the room were 'long dead'. I hope I've got more than 9years left in me....

>>I personally 100% do not blame anyone but myself for my timing. Really HZ? As you are so fond of taking what CB says at face value then do tell, how you feel your timing was bad?

According to CB, BR would have hit 2MT by now and would have been sold as a T1 world class asset. His own words at a formal presentation to shareholders: 'will it be a mine, yes!!' - The reality is none of us have any idea!

Are you paid per post here?

>>In short, CB's expectation management is shocking and self destructive.

In terms of CB never a truer word spoken.....at the ripe old age of 80 he still acts like an exited child. Now that's fine in many respects but certainly not when he should be acting in a professional manner...

You've only got to look at the other companies he's invested and see the same thing happening there. Even good/half decent news releases and the SP goes nowhere.

He's well and truly tainted his name (IMO) and it's time for new blood.

As I've said before Bird has his positives but that isn't running companies/giving presentations/interviews. He should be in the background looking for deals and kept away from the mic! (IMO)

I have the Fenix-7. Great watch!

>>Remember one of CB’s old comments, “only a major could take this on.” That is what he was referring to.

I'm genuinely surprised that you still quote Bird's comments and they actually still hold sway over you....