Member Info for GodofHellfire

Hang fire Kutz, there's some indications of massive movements in gp. I think this will sink as more money floods out of markets with the coming poor business performance but if this gold price breaks into a full bull run then miners are one of the few logical investment opportunities. That's where the volume will come from, with all that cash on the side, so fingers crossed this is the beginning of something bonkers. It's also linked to the strong dollar which is losing momentum in the forecasts so there's good reason to be very optimistic. Investors will be looking for ways to make money when there are few options and this little puppy is top of the pile for speculation.

https://twitter.com/MacleodFinance/status/1613134306712424449?s=20&t=XxlQe-P83kF6xMfKeZoMdw

People sell for all sorts of reasons. Sometimes it's the executor of an estate.....

Obvs market making this morning....

Market has gone quiet, volume has gone :(

Yeah it's actually less certain than current as Iamgold agreed to spend $4m whereas the new buyer could choose not to spend $4m, or do anything else for that matter. Have to wait and see

12.5km x 3.5km is the same area as London underground zone 2. That's a massive minable area!!!

The everything bubble bursting is going to cause a lot of uncertainty and likely impact gold. Also lots of talk of gold-backed CBDC launching across the globe causing a reset. That would be pretty crazy

A good one to have in the back burner, commodities are going to be in demand next year and electric car sales are only going to grow

A 40% yesterday is going to have drawn a lot of attention....

There won't be a placing. Actually if it goes much higher won't previous rights issues expire?

Previous recent high. Breach this and sky's the limit!

Very nearly a 1 bagger from recent lows. 50% in a day. Get in quick!!!

Whoops, this bit is inaccurate:

"So, it seems the Bibimi deposit is close to the major volcanic system in the west of the country"

Not near, but on the same system?

I'm am absolute novice in learning about the geology of gold, and this will likely make Tim and Claire cringe, but I'm going to share what I think I've learnt so that my knowledge can be corrected. Hopefully as a layperson hopefully this will help others.

So, it seems that gold deposits seem to occur around volcanoes. Based on the images I've looked at, gold seems to well in little pockets on the side of some kind of vertical vents (the seem to occur near hot springs too so maybe on the thermal vents where they maybe cool?)

https://d32ogoqmya1dw8.cloudfront.net/images/research_education/nativelands/GoldDeposits.jpg

Anyway, so if you're looking for gold, then finding somewhere that has/had significant volcanic activity is probably a great start.

So, it seems the Bibimi deposit is close to the major volcanic system in the west of the country.

https://wp-orioleresources-2020.s3.eu-west-2.amazonaws.com/media/2022/12/Cameroon-regional-geology-image-2.png

But, there is also a volcanic system in the centre of Cameroon. From what I can tell, where the plates seem to meet the volcanic area is where there is a good chance of gold and you can see our license hugs that northern edge of the volcanic system, and it's that bottom right of those license that we have extended and found significant gold anomalies.

What is really important here, (connecting the dots that the BOD mentioned) is that Bibimi is the same type of system and they've proven that out. They are replicating in the same place in the eastern volcanic range and are finding gold in soil.

I now understand their confidence. Whatever gold is in that system, and there will be as it's on the ground, is all theirs and it's a massive area all to themselves.

This isn't question of 'if' at all. There's solid geological evidence that this is exactly the sort of place gold is found and no-one has been there before. Its not like National Geographic gold diggers where they just hit and hope haha.

So, makes more sense to me, if I've got any of that right???

What's looking similar at the moment was the rise we saw 2 years ago. Same time of year, similar movements. Money is starting to sit on the sidelines so there could be some speculation over Xmas like last time. But past does not indicate future blah blah.

Cameroon has 12km with gold at surface, never before tapped. Bibimi is 2gr/t, could you imagine 2+ along a strike that long? I could certainly imagine some considerable lumps in that length ooo er.

Is it the MMs who sell poxy amounts i.e £2 here and there to make it look like there are lots of sells. Otherwise who sells such small stakes?

Following a similar pattern to this time last year....

Definitely seen the bottom now, it can only go up from here

Over 4% of the business now! Das ist goode ya?

If so that should be illegal

https://youtu.be/t8ii_LHj4Xg
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