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S.p on ASX is 2.6 if my calls are correct that’s close to 1.5 pence. That’s a good initial response by Aussie investors.
I have a few differing mining investments on the basis the world as a whole needs to make changes. But not expecting any great moves in any of the shares until end of this year next. But if you don’t get in at a low price. The opportunity to buy an amount that gives a good return is lost. What’s a year.
Copper seems a good place to be right now. Hope I’m right.
I just bought 700000 this morning. Trades just not showing yet.
VMS deposits are sought after for mining because they usually contain a melange of base metals and sometimes precious metals including zinc, lead, copper, silver and gold. The minerals are often clustered together, making them relatively easy to extract. https://aheadoftheherd.com/boreal-metals-hunting-high-grade-vms-in-mining-friendly-sweden/
economic VMS deposits generally range in size from 4- 25 million tonnes with an average of about 5 million tonnes, although there are a few monsters such as Peak Creek in Ontario which is 150 million tonnes. https://www.911metallurgist.com/blog/vms-volcanogenic-massive-sulphide-deposits-ore-mineralization
The deposit shape makes VMS ideal for cheap open-pit mining methods because a large amount of ore can be removed without having to remove very much waste rock. This is a much cheaper mining method than when ore is hosted in narrow veins, which results in a much higher ratio of waste to ore removal. https://www.geologyforinvestors.com › volcanogenic-massive-sulphide-vms
the vms story is only just starting.
But do wonder where the other results are.
Looking on (ig) daily forex.
The price of crude oil sat at 93.53. The price was then bearish and rose to 105.996 with a slight pull back. So the rise in s.p was due to a rise in crude oil.
What happens this week I cannot post a view as I am not a market expert. But given the stampede for crude oil from anywhere but Rus***. May be it will rise some more. There’s possibly someone on this board who can read the candle sticks on the forex.
A nice bit of a analysis by yahoo sees RBD coming into profit 2023. It says 2 yrs but the article was written in December 21. At that point the company had no debt.
Given the analysis was written befor the Ukr****. Rus*** war then things have changed since then big time. Hopefully pulling that profit nearer. But at least crude oil was bullish last week. Smiley emoji.
Thanks P230. Sp has risen since I bought in. Great as I sold other shares yesterday to have the money to do so. And certainly did not expect an rns same day as buying in. What a good bit of news and welcome, especially given how dire the market has been recently.
Hi all.
Just posting to say hello to all. Although You won’t hear from me much as I’m not an avid poster but do read the boards in shares I hold. I bought in today at around 8.30am. I have checked twice but It’s not registered as a trade as yet. Don’t know why because it shows on my trading account. I was waiting over an hour for the order to be filled so I guess LSE is a bit behind on the days trades. Or it was filled in bits. Which is good news as that means shares are not easily available. So here’s hoping that there are others similar to me and there will be a bit of a lift later today or tomorrow.
I’ve been watching cobra for a while and it looks like one of the most promising and exciting. That’s some sq metreage. Bonanza.
Well balanced post D666.
A good working relationship has to be better for both parties and as SB has been known to say in the past, hostile TO’s and relationships pull down the share price and dilute it.
Given SB was not in a good place recently with his own shareholders because of his spending on new projects, with an eye on future profit. He currently has to be cautious re spending imv. But as none of us here were not present during negotiations I for one have no evidence of anything that may suggest he is disengenuous in his discussions with SD. Neither will give away sensitive info to their share holders either. So I’m happy to wait and see how much top froth there will be, on a hopefully full pint jug of gold.
Forgot to say. Go put into the browser the elements found and have a read.
https://discovery.researcher.life/article/as-bi-hg-s-sb-sn-and-te-geochemistry-of-the-j-m-reef-stillwater-complex-montana-constraints-on-the-origin-of-pge-enriched-sulfides-in-layered-intrusions/a1fb46d11817338c9412b8c2a52d001f.
Paddy summed the rns this morning. Up to date geochemistry can lead, by following the elements present in minute particles whether there is nuggets or deposits of metals. In the case of the elements present in this rns suggests Au.
Correction, there has been 10m buys. Excluding those under 1m.
There is one 600 shares sold this morning and the rest of trades a bright blue including a fiver buy. Gob smacked emoji face.
Apologies. 2022 should read 2021.
Caracal gold was not registered on aim until August 2021.so very new to to the market. I’m not sure though if August 2022 was when GCAT commenced operating as a registered company nor (the jurisdiction) for tax purposes, May be interesting to know because we will then know when to expect end of year financial report for the company.
The implication for s.p is any that profit, or lack off, in that report will spark a reaction in relating GCAT.
At the end of year, if GCAT continue to progress as they have been doing, along with first profit in the ‘end of year’ financial report. I can’t start to make a forward guess at s.p at end of year, but just Watch this space, and Enjoy the ride in the meantime.
Well, I’m happy. Got 20k 14.60.
Did anyone else have a log on link to a well known bank that has an investment arm at the end of their rns this morning?
I did, so sent to report @ phishing.gov.Uk
Personally I would not use a link like this just in case just putting out there in case.
But yes. Good rns.
Great to see our ceo being pro active. 10 out of ten for taking on the reporting. I guess being a 30% owner of the tenements Ggp have a right to know what is under there, although I guess there are legalities such has having to report-to the market, and who owns the info from the drilling.
IMV SB is under pressure from N.C poor financial results. Profits down significantly as CB spending on new projects and new gold mines. (Recorded in their results section). If I was a NC investor I don’t think I would be too happy as that would effect my dividends.
Good to see there will be regular updates.
So IMV it’s a case of increased patience, sit back and watch what our ceo does next and hope the relationship between the companies is, and remains positive.
Nice to see a positive rns. Good news SD.
Just out of interest. Telfer gave NC share holders many many years of growth and divi, from a START OF AN INITAIL EIGHTm RESOURCE ESTIMATE.
Is this an rns due to drop tomorrow of people buying in because it’s gas and oil shares you think?