Member Info for ID78

TomHH - what’s the chances the board and DL participate??

They’ve seen the core - right boys let’s raise cash and get get more shares for ourselves cheap before the assay results. Maybe that’s why the geologists are looking at the core.

Montyfino - more shares traded today that the placing itself. The placing is peanuts and the SP will now kick on.

Indeed it did dafad - removed all uncertainty and buyers piled in.

Genuinely - IF - they are in JV talks with anyone then this is a strong move.

‘Yeah look we are interested if the deal is right for us … but we can just continue to drill and prove this up on our own’…

Millions and millions of- um it’s a very small placing relative to MCAP and easily absorbed.

Sharebel - honestly time you gave it up.

It’s a clever placing.

Also means that if they are in discussions with anyone they can argue they are well enough cashed up for now and not desperate to do a deal..

Some of the strongest moves come after placings of handled well (DV). This is a modest raise relative to MCAP and at a very small discount.

It’s been well handled.

Placing at 1.25p - decent price.

That draws a line under the placing chat and we can kick on.

Interesting (re glencore) ..

Drankwell - honestly I don’t know but I’d suggest that the core is available to be seen by the geologists then it’s not yet been crushed in the lab for analysing.

Bumping this up to the top - ‘exciting drill results’ from WSBNs geologists… I’m not sure how to take this other than the drill was a success.

‘ Expert Geophysics Surveys Inc. is proud to congratulate Wishbone Gold Plc on their exciting drilling results at the Red Setter Gold Dome Project,’

Jbco - they won’t if they JV with a big boy with deep pockets..

Drankwell - I’m not sure they’ve told us GGP representatives will be there. Maybe I have missed that.

But there is no need to travel to Perth to see the core - they could have their own geologist do that and send a report. But again that is not normal practice for even the geologist to do that - you just wait on the assay results!

For 3 senior board members to be there then I would think they are meeting another company. GGP would be the obvious candidate.

In addition they are not meeting THE geologist but geologists (plural). So theirs, and one belonging to another company? (GGP?) and maybe an independent.

Again I could be seeing what I want to see but all indicators are this core is a big big deal this and GGP are taking a look. If that is true it’s not pyrite (fools gold).

Those that were invested here before the placing will remember that GGP (amongst others) tried to grab the licence about a month before drilling??? …. remember the story popping up of the licence being revoked?…. Can’t explain the exact terminology. I actually sold up on that news (but bought back quickly)

Can’t argue with that… 50%, 100% days are enjoyable!

If you look at the chart over 3 years this looks to have dropped back to a diagonal support line and a cracking time to buy.

I have too many irons in fires at the moment but hope to buy before this moves up significantly.

The insider selling is providing a great buying opportunity.

I sure am bobat!

The other thing is some monster buys came in and the SP kicked off as this trip to see the cores was organised.

A few friends and families getting tipped off that the core looks exciting?…

One taking sharebek seriously - take a look at the posting history.

Again - why are the BOD in Perth to look at the drill core from hole 1 with geologists?…. It’s just not the done thing. You just wait on drill results (good or bad).

Who do these geologists represent? Are they ours or someone elses? If they are someone’s else’s would they invite them to look at a core that was poor?…

You dont travel to look at a ‘duster’

I think the plan all along was to find something and the get GGP involved. They have the production plant and knowledge….. AND the pockets to drill they are producing and selling gold.

That dip was a good chance to buy - if possible.

Well done Asher