Member Info for ID78

Watched this for years. Gone from 2 cracking gold projects to 10% income from 1.

A real shame.

Napthman, OMI drill results are considerably better than MILA

He did Katie, however he more expected 0.21 to be hit and bounce from there.

And it looks like that is exactly what happened.

Just annoying you can’t buy on ii

You’re welcome.

I should add he was calling 0.27p critical for TIR and if that fell the we were looking at 0.21p.

Again he was right 0.27 was sticky and provided support for a few days but once it fell we kept dropping …

Legal - I actually follow this guy (saint markets) cos he’s likely to be better than me at charts. My dog is likely to be better than me at charts.

He posted at the weekend 0.21p was likely to get hit then a move back up (got that right) and as you say 0.8p(ish target).

Ps he has posted about OMI recently. I don’t have twitter but he posts on YouTube - you may be interested (tho he’s saying what we all expect for OMI)…

This is looking like a real breakout … the chart was already looking positive but today’s movement confirms we are re-rating.

GLA

So a Father jack agrees there is little more downside here.

Father jack also tells us the MCAP is crazy low, so low and it actually makes the debt almost look large!

Glad to see you are coming round to realising the crazy value here

Ohh and thanks - I will keep an eye on the weather tho the rainy season (3months) has passed and gold production did continue at levels to support the business, so I’m not worried about 2 weeks of less than perfect weather SHOULD it happen.

Hope you are buying, father jacket, as you have shown this is great value.

Do however read HarChris’s posts for some balanced downside, don’t want you saying you weren’t warned.

GLA

If my dodgy memory serves me - I think they have also only explored 1% of the licence? Maybe someone can corroborate?…

I felt we’d get a pullback today, that rise yesterday was massive. But I didn’t sell yesterday, news could drop any minute and tbh I can’t see this pullback lasting.

GLA

Jam - why are institutions buying treasuries instead of just buying Bitcoin???

Someone posted this over on WSBN… apologies if you e seen it

https://x.com/theunsophistic2/status/1941035786784411964?s=46&t=4s-AQzZhMmeWz3Ire1AEsA

Standout intercepts include:

· MYARC0199: 17m @ 1.05g/t Au from 101m

o incl. 5m @ 1.97g/t

· MYARC0200: 9m @ 1.08g/t Au from 69m,

o Incl. 2m @ 3.72g/t

and 8m @ 1.65g/t Au from 131m

o incl. 2m @ 4.88g/t,

and 1m @ 9.22g/t Au from 148m

· MYARC0203: 3m @ 1.19g/t Au from 40m

o Incl. 1 @ 2.26g/t

and 7m @ 0.69g/t Au from 66m,

o incl. 1m @ 2.57g/t

Hey Casper, fortunately you took my post intended - in good humour.

All the best

And so whilst institutions still have money to hedge they will continue to invest in SWC, COIN, who buy more bitcoin and the SP rises to reflect the money that has come into the company and coin purchased.

So until the institutions have finished buying the cycle is far from over…. and these shares have not stopped moving.

With regards gold I read Charles archers mining update. Having some gold and silver is a good idea. Very good idea (whilst gold has moved silver so far has not and typically follows gold)…

Trek thank you for taking the time to respond, and so fully. Always greatly appreciated and a joy having you on these boards. Hope you and your’ family are doing well.

Casper please be realistic. The price of gold has moved up considerably since GGP peaked so please adjust your numbers

Very nice, I had the feeling the pullback was running out of steam yesterday - but did not expect this move!

Fantatsic day today

Thanks, I appreciate it :-)

Don’t have L2 - do me a favour jungle and let me know the close price?…

MTL - one that got away, I held but not long enough!!

The US Dollar is going to keep sinking and gold is going to keep rising.

You’ve got this ‘Big Beautiful Bill’ to fund tax breaks and spending cuts - but the bottom line is that if you extend the debt ceiling by another unaffordable $5 trillion, and then send rates to the floor, the US Dollar could well enter crisis mode.

What this does mean, is that precious metals like gold, silver and platinum will continue to ‘rise’ in value (or more accurately, retain its purchasing power)

So yes watch the POG - but I’m at ease with the risk of the POG dropping ….