Member Info for ID78

Doesn’t matter what you think of the board.

They don’t affect the geology and the gold.

I’ll stick with WSBN - by the way MATD has lost me money over the years - the execution of the business plan has been really terrible.

WSBN has made me money and no matter how good or bad the board are the geology and the drill team are doing the talking here.

Yep - previous high is now the support and underpins this 3rd wave in the SP move. In other words - this should be the low of the pullback.

A 10% pullback after a 100%+ day - it’s not a shock is it?!!!

Only the start of WSBNs journey boys and girls

Great post, PP.

Thanks for posting

Aye hold on - someone please tell the SP I want to buy (just not yet) cos ALRT is breaking out and moving off 😤

Good luck all that are lucky to already be in here.

Lol - yes a small amount as that is all that was available if the same amount was bought. Twice.

I do agree 0.1p will need a LOT of volume but I can’t see many selling nevermind that sort of volume.

1p - as I said it looks like there’s a supply problem if you want to buy!

Chart certainly looks that way (annoyingdevil)……..

Can the SP move up - yes.

When?…. Not a clue.

The way I see it the markets are not healthy and a pullback (or all out crash) is on the way. Money will get pulled from the market and gold, silver are normally safe houses during a crash. They will continue to be safe as China is still bust buying gold.

TACO has placed tariffs on gold and is more interested in Crypto for his own self interests… so Bitcoin, Gold and Silver should all do well (and defence / raw materials)

Even if COIN don’t do anything the rising Bicoin price will drag COIN along with it. Thats the worst case scenario so far as I see it.

Good luck

Thanks for posting rotherby.

Not saying GGP is a bad investment but if I’d bought GGP at the time I bought WSBN I’d have made a loss. Instead WSBN has returned multiples…

Different stages on the Lassonde curve and WSBN is in the higher risk higher reward exploration phase. GGP is I the lower risk reward production and pre-production phases on their 2 prospects.

As a poster I respect stated this is the 3rd and strongest Elliot wave …. you have to be in here especially now why have found the same geology as GGP.

GLA

Need additional funds to drill in 2026 that’s should read.

Stevehuges - correct. Raised before drilling and fully funded for now. Some posters are really hoping they can get in here at 0.5p but that’s not going to happen.

The company will need additional funds to drill in 20296 but by then there will be assay results back and the SP much higher if the same geology we have and that GGP found delivers the same good grades and depths.

GLA

Indeed HC, there is no trust now. In my darker moments I sometimes wonder if there is truth in the gold going missing chat. In some ways it’s convenient they are just making enough money to just get by…..

And that is exactly how badly trust has been eroded that I’m now prepared to believe some of the posts I ridiculed on here and start to wonder if I was nieve…

Everything I used to bleat on about that the company did right : increasing the HL pads, increasing the stacking….

So I started thinking just how bad is the gold grade? If they are stacking 48000oz a month and producing 213 Troy oz? I can’t remember the recovery rate - let’s say 70% then the gold grade is 0.2g/t?!!!

• Produced gold = 213 oz at 70% recovery the contained gold = 213 / 0.70 = 304.3 oz

• Convert to grams: 304.3 \ 31.1035 = 9464.34 g

• Grade (g/t) = contained grams ÷ tonnes processed = 9464.34 / 48000 = 0.197 g/t

Is 0.2g/t believable from a pit they previously mined. Again - no communication - no actual grades discussed by RNS…. this just doesn’t help with trust either.

GLA

Thanks ppower. As always great to see you posting on a share I hold. To me HEX and OMI are about as sure a bet as you can get between now and xmas and I hold more OMI :-)

Leew - you are pretty much spot on. 2 different animals really. This is higher risk but even short term leading into the drill you’d expect some excitement (as we have seen and I hope we continue to see).

You just get the feeling this is bubbling away and GEO will just boil over at some point …

Hey akri - I’ll keep it short and sweet on GGP - yes very close (and yes looks like same geology so fingers crossed on gold)

AND hopefully gains from WSBN will help shift OMI north.

But back to OMI this is just an absolute belter of a share… we could even see production this or early next year!!!!

I’m the same as you Akri - WSBN second biggest holding after OMI. … though today has closed the gap considerably!

Depends what they are doing MH01 - if they are currently you drilling most of the money are being spent on drilling. If they are not drilling the money is being spent purely on the other stuff.

Cost of drilling eats the budget so much more

I mean - we all k ow this it’s common sense.

But fortunately they raised before drilling and WSBN are fully funded for the foreseeable campaign (not just 2 holes)….

Give you a laugh - I looked on the GGP page and our panicking poster had a £6 by Xmas target for GGP.

IF (big if) the results here are good enough there’s a better chance of £6 by Xmas here!

MH01 is just panicking more GGP money makes its way here and GGP drops more.

I was thinking MH01 was actually insane posting all day (same message every day) about a share he or she doesn’t own - but I figured it out.

Fatherjack - IF - they could have produced a noteable volume of gold (500-600oz) then the gold loan would be manageable. The gold loan becomes a concern cos of the low production (or that’s my way of thinking).

Grade is king and changing pit was meant to give improved grades (they had even mines that pit before). Apparently we aren’t seeing better grades. Whilst that may be true I am struggling a bit as they had mined that pit before and they knew the grades in it…. I’ll leave it there it may be a valid reason but I’m beginning to think of some of the dodgy stories on this board have any truth behind them.

I’m out. I’ll keep an eye on GRL and if they ever hit good grades I’ll buy back. It would be a phenomenal recovery play from these levels but I am struggling with the continuing low grades narrative.

All the best everyone that holds