Member Info for ID78

Edge fund - the interesting thing is the meeting in Perth with geologists. I’ve never known this.

You drill. You wait on assay results. You don’t travel to the lab with geologists..

Are GGP in town to take a look at the core from hole 1 with their geologists. … there is then the possibility of a JV and free carry on all drilling. AND (in addition) GGP have one of the largest production facilities in Aus….

Could be positive reinforcement (seeing what I want to see) but the steps being taken this week are not what I know off as being normal for a gold explorer.

No worries …. I’m sure there’s plenty of others but those are 2 I know off.

BSR - the chance to get in below 0.2p is gone.

Just buy

And then maybe later sell

And then maybe repeat?

Or just continue to post-moan-repeat

Yeah GSENT keep bleating on about a placing.

Luckily I didn’t sell WSBN (as GSENT was suggesting).

Please move along GSENT unless you hold here.

Hey Bradley

ARCM - I think they traded 70% for Anglo American to drill up their copper prospect and cash too (note Anglo haven’t done much!). It was thought to be a fantastic deal.

UFO - similar - 70% for a free carry on their silver prospect and shares in the company doing the drilling

So 70% is not uncommon IMO

I agree Napthman…. Will it be this week or either the next RNS is the question

Now blue …. like I said

‘exact repeat of last week.

Tuesday a small pullback (and a few start sowing seeds of discontent with placing chat).

Wednesday open down and the buys pile in. The share price then rocketed the rest of the week!’

TomHH - so hard to say.

If more results arrive it’s not gona hit 0.20 again and again there’s been a lot of press alerting newbies to UFO…

Good shout Napthman - 0.28 is resistance and it will test it more than once.

If that goes then it’s high 30s maybe 40s next

Like I said there will be a few that will be on 100% gains so I wouldn’t be surprised if a few are derisking

But these shares move to stickier hands and provide the support for the next push…

We could have a pullback but I don’t feel it will be all that strong (just my gut feel)

MTSJ - looking at the chart there is maybe a gap to fill to 0.35/0.40p …. So probably still legs in this move before we get the next set of drill results and they could push it higher.

All ifs buts and maybes. You never know but the sector is hot right now… alls I know is I’m not thinking of derisking (selling my initial stake) yet…

Tricky one MTSJ - there’s an old saying but the dips.

There haven’t been any here and you’d feel a pullback is due as the SP has done 100% so you’d think there would be some derisking and profit taking. But then there has been a lot of press so the SP may well push on….

I guess we are still expecting more drill results so provided they remain exceptional then there is a near term catalyst to pushy the SP higher in addition to the recent press.

Long term they could be mining the silver in only 12 months….

Decisions decisions! Good luck what you decide (tho I think buy now you’ll do fine and wait for a pullback and you’ll do fine)….

Growmorecash - exact repeat of last week.

Tuesday a small pullback (and a few start sowing seeds of discontent with placing chat).

Wednesday open down and the buys pile in. The share price then rocketed the rest of the week!

Yeah - he got the decimal point in the wrong place 🤦🏼

Love it Que

Been on my watchlist for ages …. cracking move today and last week.

Congratulations!

British Mike they need more casings - they had drilled so deep on hole 1.

Instead of sitting doing nothing and waiting they started drilling hole 2.

I think we’d be more unhappy if they weren’t drilling and just waiting to finish hole 1.

0.35 to 1.35 … and only a 2% pullback today

The strength of this rise is insane!

Can’t be doing with nonsense on BBs and it’s good to hear when people do well (sheephatch).

A bit of profit taking is no bad thing…. but I’m glad you sold less than 20% as you have to feel there’s plenty to come.

September is going to be fun :-)

That also could be misunderstood- I hold here and not POW and I don’t intend to sell her to buy POW.

Just find that snippet of info interesting.

Doc83 - interesting!!

Thanks for posting. POW is one of those on my watchlist..