I could be wrong but I think the SP will only respond to a good gold pour and so whilst I hear you I’m not convinced anything positive in the post period developments will do much.
I’m still positive here myself to some extent. They were getting 1 g/t before from pit 1 and so the grade should be there. I’ve posted before on there being a lag between mining pit 1 and gold pours. In theory things should be turning positive about now. We just need a good gold pour showing this.
HarChris - I did the same (not that my pockets are deep).
When it became clear the gold pour RNS was not keeping pace with earlier in the year then it suggested the gold pour would not be so good (as they only like to announce good news it seems).
But like you say I now have more money to put back in here. I’m not expecting any news for another 4-6 weeks (if good news). As we all know IF they hit decent grades the SP will take off massively.
How many wells are we expecting by the end of year?
I thought it was 4 or 5, and well 4 drilling is imminent which suggests to me there will more than 5 wells by the end of the year (being conservative I’d guess 7 or 8!)
So my take is that if they have hit the grades they want we should get a gold pour announced by RNS mid to late July (having had a not so good pour announced by Twitter recently)
If there is nothing by the end of July then I’d start to assume the gold produced is not so good.
GLA (and especially to you HarChris, I appreciate the posts and I do hope you do well from GRL)
Sharpey almost of my watchlist is red thanks to the general market reaction to Israel’s attack on Iran.
GSCU is no different.
The reaction to the drill results is disappointing but so be it. The longer it stays low the more I will add from other trades … I had planned to flip profits from here to other shares and that is now turning the other way round.
This will move on, we just don’t know when it seems attention is elsewhere just now.
Now the dust has settled - thanks for the heads up o er on WSBN on the licence. It came to nothing but looked pretty serious and could have cost me money.
So I appreciate the posts and the heads up; that’s where these boards can be really good - thank you.
I If that post was genuine I actually feel a bit bad but at the same time someone reading that post may actually believe it and make a decision to sell off the back of it.
So I read point 1 asking where are all the missing core samples.
ummm …. Drilling has not started and you are wondering where the cores are? Ehhh … at the moment, they are in the ground waiting to be drilled out of the ground (using those 2 new drill rigs that you mention are in transit in point 2).
I struggled to read all of point 2 as my brain kept screaming is this poster serious. Where are the core samples 🙈
I’m guessing point 3 is asking where is the gold from the gold pour.
Erm Bruce - GGP are selling gold?…. They have income.
Rob - the drill is very deep. Yes. But they are entering old holes and the drilling will not be as expensive. Behave yourself
They will fund raise after these 2 holes but by then they should have (hopefully) found gold and the SP multiplied. All drillers raise to fund the drilling unless there is a JV.
They are too early to JV IMO - they need some good gold assays