Member Info for ilDuce15

SilverFoxd,

The stock closed up on Friday, yet you're still fixated on the sellers.

I clearly read the tape differently from you, as I concluded there were more buyers than sellers!

The fact that the seller was finished and the buyer was over came direct  from the market,But again that doesn't mean new selling can't emerge.

I said HV had the potential to be a cash cow, not that it was already up and running.

I have RachT2 filtered, so thankfully I didn't have to read its response (although I did have to smile at the green bar). That said, I find it strange that you're so grateful to a poster who constantly tries to create sellers while openly admitting they look to buy on dips.

Disko drilling is only weeks away. If you don't think that will move sentiment, then I'd suggest this may not be the right stock for you.

SilverFoxd,

I’m not sure I understand your logic.

You’d rather be all in on two binary drill licences than have a potential cash cow in HV to underpin us?

I agree that it would be great to get an update on the progress of HV, but until that happens, any mention of it burning cash is pure speculation on your part.

We will be drilling Disko in three weeks with no funding required from 80M, so any mention it needs bankrolling is misleading.

If people don’t trust what management has been saying, then perhaps it’s not a share they need to own.

On a separate note, the seller that was around at 80 has now finished, with a buyer over. (Clearly, that’s not stopping other sellers appearing higher up.)

VikR

Since I filtered this deceitful poster i now get a smile every time i see a green bar.

I would urge anyone who is fed up with its rantings to do the same and take away its oxygen and low frequency.

With first drill at Disko only a few weeks away, HV getting ready to throw off cash and JL progressing to plan its a great time to be an optimistic shareholde!

AROK1975

I totally agree with you.

The buying doesn’t appear to be chasing the stock higher, it has just soaked everything that’s been thrown at it.

It feels like sophisticated money is at work.

I think there’s a serious chance of a quick re-rating from here once the final tree shake is over.

VikR,

Use the filter button and lance this pimple.

Good luck with your holding.

"rip off hardworking shareholders by pushing price up"

This share holder is happy to be ripped off like that!

Lots of positive noise around JL and the forthcoming drill, but let's not forget that permitted drilling at Disko is due to commence in just four weeks.

Given that the current share price doesn't appear to reflect this upcoming catalyst, it feels like investors are getting a free shot at the drill results.

For those who haven't seen it, here's a key extract from the company's RNS.

“Disko-Nuussuaq, located on Greenland's south-west coast, has demonstrated potential to host mineralisation comparable to the world-class Norilsk-Talnakh nickel-copper sulphide district. Seven significant Magmatic Massive Sulphide (MMS) targets have been identified so far, including a confirmed target measuring 5.9km by 1.1km.

A 28-tonne boulder of pure massive sulphide discovered on the licence area assayed:
• 6.9% Nickel
• 3.7% Copper
• 0.6% Cobalt
• 2 g/t Platinum Group Metals

The boulder is now displayed at the Danish Geological Museum in Copenhagen.

In addition, surface sampling confirmed a working sulphide system, with initial results returning average grades of 4.6%–9.3% nickel and 1.5%–2.8% copper.

Fresh outcrop samples also showed evidence of large-scale Ni-Cu-Co-PGE sulphide segregation, with coarse interlocking sulphide crystals averaging more than 15cm in size. Such crystal growth suggests the prolonged accumulation and precipitation processes typically associated with large-scale MMS deposits.”

It's worth spending a bit of time researching what grades like these can mean in the context of a major nickel-copper sulphide discovery.

If the market had everything priced correctly, there would be no trade.

The market is driven by price action, buyers versus sellers who clearly believe the market is mispriced.The side with greater volume will determine the short-term direction.

While I prefer to read both sides of a discussion, I no longer feel willing to give oxygen to this one sided nonsense. It’s now filtered and consigned to the history bin.

Warrants are normally forward sold and then exercised.

So the selling hasn’t been from the warrants themselves.

With the distrust I now have for the company, I’d rather have a GM called for the share premium resolution if, at the same time, they propose some sort of distribution back to shareholders.

I also agree that holding it in Scotland only adds to my distrust.

Racht2 implying integrity, now that is “comical” and “hilarious”

Oil well above $100 seems to contradict the fear you are trying to spread.

Over 12m GLND shares traded in the last session!

The average has been over 2m a day recently.

There are only about 1.5m shares in free float.

So I think it’s safe to assume some aggressive forward trading to achieve a low placing price.

At $5 with warrants converted, the implied valuation is only circa 25% below a no redemption scenario in the first place.

I can see why some are calling this great news and fantastic.

RachT2

Maybe take a pause on posting until there’s an official update on the GLND raise or any other RNS from 80M.

Right now, your posts come across as a blatant attempt to spook holders into selling so you can pick up cheaper shares.

It’s transparent, dishonest , self-serving, and completely undermines any claim of neutrality or being fact based.

The frequency you resonate at is as damaging to yourself as it is to everyone else.

RahT2,

You say you’re long on the stock and waiting to sell into a spike.

At the same time, you repeatedly point out supposed red flags, which suggests you expect any spike to come from overly optimistic company developments.

Yet when that optimism does appear, you’re quick to dismiss it with what comes across as an unnecessary and self-important critique.

You also seem to claim the moral high ground over other posters, while potentially benefiting from the sentiment they create. That contradiction is hard to ignore.

Perhaps it would be better to let those who are genuinely long share their views freely, just as those who are short are able to express negative opinions without issue.

Cairn never drilled Jameson Land.

Although this was before redemptions were widely known, about halfway through, Larry Swets discusses potential redemption shortfalls and emphasises that there was strong demand to cover them.

https://www.youtube.com/watch?v=4oEyiwDAph4

What RP likely meant is that they have the right of first refusal on the remaining 30% if it ever goes up for sale, which is standard in deals like this.

I’d chalk up the way he phrased it to media fatigue rather than anything more significant.

On the upside, it does help reinforce that our retained 30% should broadly mirror 30% of GLND’s market cap, providing a useful anchor for valuation

Not forgetting the additional upside from Disko, GS, and the rest of the licences in our portfolio, which don’t appear to be fully reflected in our share price at present.

RachT2.

Pelican has traded at a sustained premium to the $10.00 redemption price with ample liquidity.

With the transaction long since flagged, it is difficult to see why any of the $86m (gross) that could redeem would not instead have exited via the open market at a higher price.

What I find odious is your posture as a self-appointed moderator whilst seemingly positioning yourself to benefit from the very volatility you try to create.

RachT2,

Your “central question” is irrelevant. Suggesting that changes to licensing regimes would somehow be negative for 80M is, to use your own words, laughable.

We currently hold the only oil licence. Fact.

JL will be the first oil licence to be drilled. Fact.

If additional licences become available in the future, 80M would also be able to acquire them. Fact.

When GLND eventually lists, we will retain a 30% interest, implying exposure to 30% of their market cap for JL alone.

The same argument you make about future acquisitions within GLND affecting valuations applies equally to 80M.

It seems that your attempt to provide “balance” is, once again, misleading.

CC

KoBold will likely seek to IPO at some stage on a very ambitious valuation, supported by the narrative that it has developed novel, AI-led exploration technology.

Against that backdrop, it is entirely conceivable that the company would be reluctant to risk that perception by committing to drilling at Disko.

By contrast, the Zambia project KoBold invested in was not a new discovery; the mineralisation was already known, and KoBold’s role was primarily to refine and develop the existing resource.

For that reason, I am not particularly concerned that KoBold chose to walk away from Disko — especially given that they were not yet ready to drill. Their decision ultimately allowed us to identify a partner that is prepared to move forward with drillin