Member Info for Helpful

Go on, what question is in need of answering?

Does the only 9 since between Sunday and Thursday morning include the ones that you had deleted for being intemperate?

https://www.proactiveinvestors.com/companies/news/940205/soma-gold-corp-a-producing-gold-miner-in-a-proven-district-with-expansion-plans-ahead-940205.html

The company aims to commission and begin to produce from its El Limon mine and mill (10 kilometres from the El Bagre mill) in the district in the first quarter of this year. The combined current capacity for both mills would be 675 tonnes per day (tpd).

https://www.somagoldcorp.com/projects

DYOR

Anyways. Let's hope you make your £15k back.

xx

Well you are a troll. You are posting here pretty much non-stop and you alternate between abusing the company, ML and/or anyone who posts anything you don't like. All the time ignoring or mis-representing any good news.

All for a big ticket of £15k from years ago.

You might not like it but yesterday's RNS was a decent one: the Cypress well is still performing, they are working up the plans for the next well in H2, they have taken on new acreage and doubled the size of the farm-in acreage and are looking at new farm in deals on Pine Mills. All whilst WTI is still at $60. So where is the bad news? Answer is, nowhere.

DYOR

I wish I did get paid to post, it would be a nice earner and fun but unfortunately, I don't.

Except when I deal with members of the Ex Wives Club like you, I mostly deal with factual stuff and analysis. I am constantly looking at information on companies and if I see something relevant I post it.

I know you and the other trolls think that in some way you are on a moral crusade but most BBs have people exactly like you: invested at the wrong time and somebody has to be to blame.

What the share does on a daily basis only matters if you are a trader. What matters here is that NTOG keeps putting the building blocks in place. Whether your agree or not, todays announcement was a decent announcement. I don't see that there is anything to dislike.

On the other farm ins; if NTOG does ink another one, it will likely be on better terms than the one done with Cypress. The Cypress one was agreed with oil at $30 rather than at $60: so you would expect NTOG to do a bit better this time around. However, the main thing is to get them done.

NTOG like all oil & gas companies will be schizophrenic on the matter, once the new deal is done they need to find acreage to replace it in due course.

Anyway, lets hope you get your £15k back in due course.

DYOR

xx

I chase on it on a regular basis.

The geology is complex but if you all the Soma Gold/ Para Resources stuff, it should be picking up from about now. A higher gold price will help too.

DYOR

Maybe you do but we get it quicker if they up production. If you read the announcements you will see that they were uprating the output. I was looking to see if they had made an announcement confirming it but I can't see anything. The uprating was supposed to be finished in December and leading to a significant increase in output from then on.

Maybe we will hear on the next update.

DYOR

Lets see if you can read.

Your post gives the sp at the time you posted: on 22/05/2020 the price was 0.25p. Now this is the hard bit..... Is the share price now higher or lower? If you need to consult before answering, feel free.

It was a nice RNS. Doubled the size of the acreage along with Cypress. The acreage abuts the existing Farm In acreage where we have just drilled a well capable of doing well in excess of 100 bopd. If you don't think that is good news, then you don't know what good news is. Secondly, we are discussing farm ins (that means plural FYI) on some of the other Pine Mills acreage. Lastly, note "virgin reservoir".

Anyway, a good day so far: it seems that they haven't raised the CGT rates. Obviously, it doesn't matter much to you but it does to some others.

DYOR

https://www.somagoldcorp.com/post/cordero-balvina-infill-drilling-confirms-continuity-of-high-grade-at-depth

Soma has planned and will fund from operating income, 20,000m of drilling for its advanced exploration projects: Cordero-Balvina, Deep Limon and Alacrán-Dimantina and its conceptual and greenfield projects Limoncito

Deep Limon and Limoncito are on the El Limon lease. Currently Soma owe RRR just under $3mil.

https://www.rrrplc.com/projects-and-investments/gold/el-limon/

DYOR

singer67

Posted in: NTOG

Posts: 591

Price: 0.25

No Opinion

RE: re tenbagger22 May 2020 07:24
S o Kammi, When do you see this SP starting to take off then. A ballpark time frame will do. 3 months, 6 months. 1 year. what do you recon? We'd all be grateful for the benifit of your knowledge.

22/05/2020 is when the Farm In RNS came out.

DYOR

Not true is it?

The same was said when ML announced the Cypress farm in: that it was a spoof, that it would never happen and it did happen they would mess up the drilling and if they didn't mess up the drilling it would be a flop and if not a flop then a disappointment.

The farm in was delivered, the well drilled, completed and is now producing and producing at a level the trolls said it never would. That counts as jam today, does it not?

The farm in has now been doubled in size, they are planning the next well in H2, and the new acreage probably takes the PUDs to a portfolio of 7.

In the meantime, the company is looking at farm ins on the rest of the 2,400 acres at Pine Mills. If NTOG could ink a farm in at $30 oil, it can ink one at $60 oil..

Enough jam for you? In the meantime the company continues to look at other deals.....

The RBL facility should be uprated shortly as well.

DYOR

xx

The deal with Greenfield doesn't include a royalty on the sand. Any future deals with third parties should include a sand royalty.

DYOR

Some decent buys last two days. £31k isn't lunch money.

Nice update.

Looks like we have a partner with Cypress.

Look at the Riverfort facility.

Amusing but not true.

The BOD does need to function as board should do.

AB is key to what can be achieved here.

I don't know but I do expect that we will get a result on Adidi Kanga in due course: That can only be laid at AB's door.

DYOR

https://www.proactiveinvestors.co.uk/companies/amp/news/942625?__twitter_impression=true

More importantly, no ownership issues and so pedal to the metal from here on in.

DYOR

https://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-02348150-6A1022515?access_token=83ff96335c2d45a094df02a206a39ff4

https://twitter.com/PowerMetRes/status/1366381958960455681?s=20

25mil shares and 20mil warrants.

DYOR