Member Info for Iglu

8p
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All aboard!!!

Someone is loading up big here…I expect a tr1 soon and all will be revealed

The huge upside potential from this current share price far out ways the downside risk in my opinion...5 more fully funded drills to come & possibly more. Oil prices heading north, big payments due soon. Then the wildcard of Jamaica, if that comes off then happy days indeed

Current liabilities = what they paid out I think, so yes probably the exploration costs as they have been doing a lot.
By year end cash in the bank could be not far away from the entire market cap of the company . Obviously monies will be spent on the new project but it won’t all be used at once it will be gradual as construction starts

It’s oversold, the RSI is on its knees. Your right Greg it should turn soon as nothing major has warranted this drop. I took some today also, will add more on any further weakness

Who would have thought after Monday’s gold crash we would now be looking at a beautiful green hammer on the weekly chart...super bullish if gold can close around these levels today. Looks like the intermediate cycle low was indeed Monday. Big bull run potentially on the horizon

FRES going green :)

Lots will have panic sold on an intermediate cycle low, yesterday was a flush out & I believe the cycle low was in. That’s the time to buy not sell. The PMO divergence momentum indicator is starting to trend up with FRES. Price action usually follows.

Remember $24 silver is amazing for FRES. Do not panic

Today’s job numbers doesn’t mean all is fine & dandy. Far far from it actually. The whole word is a big mess and years away from a real recovery....PM will get back to all time highs sooner or later. This is just an intermediate cycle, once it’s done the real rise in PM will begin & miners will flourish. Days like today happen all the time.

Dragon what a muppet you are, go take your tiny winnings and use it to buy some books to educate yourself a little better...lol
Fave your facts elsewhere :))))

With only a low float of shares available it’s more easy for the big boys to manipulate the price...I believe that’s what’s going on here. Yesterday’s results was fantastic & the sp responded upward. Today it’s been smashed down straight from the open and then panic sets in. Exactly what they want

Indeed CCC. The most important thing of course is to reverse the horrid and overdone downtrend that’s persisted for sometime now. I do believe today’s results & future outlook could well have instilled some needed sentiment & very possibly changed the trend, I listened to the presentation and was very impressed. Things do look bright and fingers crossed there will be no major hiccups coming our way. People may be disappointed we couldn’t get a 10% rise, however it did close up and has done pretty well of late. As long as the direction keeps pushing upward I’m not concerned how we get there, big steps or small. GLA

I like the statement bellow, remember with pm at today’s prices these unbelievable profits should continue & we are already 1 month into the second half of the year. Everyday at anywhere around these pm prices the company is raking in the cash.

With a proven strategy, high quality assets, talented personnel, a very strong balance sheet and considerable development pipeline, we are well placed to continue generating value for all our stakeholders long into the future."

My guess is $33 million for this new find...let’s see who’s closets. Might as well have some fun along the way :)

I’m wondering if today was the final shake out day....3% down & a double bottom formation on the chart. Let’s see if it reverses from here...it’s a long shot but possible

https://youtu.be/pCJ7QF3cZbs

Well worth a watching, silver mentioned at the end. I’m holding longs & strong for FRES

An intraday gap up on the 4hr chart...very bullish

Could do with the dollar index to drop, it’s had a good run lately and hitting resistance now so hopefully it will get rejected and continue is downward trend...that will be good for pm & fres

Astro pm metal prices at these levels now are amazing for fres. I wouldn’t worry about the daily pm fluctuations. Zoom out and check the bigger timeframe gold is trending upwards....sooner or later we will be at all time highs and beyond once again. Results soon & should be fantastic. New mine coming online later in the year also bodes well. Just tuck em away no need to flap