Member Info for Itchygargoyle

As much as I like to criticise, the fundamentals need to change with the drilling results and hopefully they do. Just need the BOD to maintain the momentum consistently with accurate timelines.

Unless something crazy happens, gold will possibly be spending the next couple of years consolidating. Nothing wrong with that, nothing bad about that. It always makes generational moves. If $3500 is the bottom, then 5 years from now, the next bull run could push $8000. Not sure about jangada though as they love shares more than gold.

Im talking about the first phase 😆

The results will tell regardless of ifs or butt's. Fingers crossed. The interview never stated that the labs have received all the cores yet, which is cause for concern.

Lame insult and clearly deflecting from the point of the interview.... want me to cry or something?

Watched the interview... what a waste of time. I think other got the same impression as there's only 220 views from today.

Interviewer:

"Very briefly, what will investors be learning about next"

Miss response:

doesnt mention the upcoming drilling results and waffles on with medium to long term perspective about boomerang - I suspect he wasnt paying attention to the question as Műller had to then give a very straightforward answer. Molly results expected in the following weeks.

So the results could still take until August.

Im starting to think Musk is a moron

The buys today are very limited. Still a while to go for news, but even then its a gamble whether or not if the news is good. From 2.8p to 1.15p is significant. It takes months of selling from people that lost faith. Labs give estimates when they have the cores. But the labs can't give estimates until they receive cores. That seems to be the case. Labs can give daily updates as they have an obligation. But Investors dont get those same updates. We are all in the dark and relying drip fed info. This is not reliable enough to put money in.

So based on your response, they didnt. What a shame. The wait continues until further notice....

I have no intention of watching. Pointless.

The main important question is have is this: did they give a drilling results release dare expectancy? If not, we will be waiting for longer than we think. Dare I say, August?

The next point to be made is that BGold Mineração Ltda is a private company owned by the very small shareholders that easily and quickly issue jangada mines share, funneling money from us investors here in the UK. BGold Mineração Ltda shares dont change because when money is needed.... it comes from jangada mines investors. When the DFS study comes out and mine setup begins, you would think BGold Mineração Ltda helps to pay for the CAPEX costs... they dont. The money, again comes from jangada mines investors... if money needs to be loaned frofromm offtake agreements or a bank. Jangada loans the money and BGold Mineração Ltda takes all the profits and Jangada mines take all the liabilities.

Making the point that smallyus has made indirectly because he is stupid at communication. What company makes the most most from the gold that comes out of the ground at molly? The answer is straightforward. Its not jangada. The money goes to the company and owns molly, a Brazilian based company. The rest of the potential profit goes to shareholders at jangada. Its a ponzie scheme. We investors give money to jangada and that money goes to BGold Mineração Ltda. A company that none of us shareholders own. But we give all our money to them via our investment in jangada and we potentially get a small amount back if the company manages to produce average grade in about 6 years. Thats what's so stupid about the situation.

I can only appreciate the never ending bull peperspective. The only concern with main investors are 2 things: drilling results expectancy ( could be another month) and the grades ( not expected to be amazing enough to buy back in). Penny stocks are very standard and easy to understand. Its based on momentum, driven by excitement. Janhada have dedicated 80% of their effort to molly. Which is great, there is potential. But if the masses are not excited, every person that holds is a sitting duck waiting to lose money. This is not fundamental investing. Its speculation. Anyone that says otherwise are liars and fakers.

I think you might be right. Im up atm, but obviously everyone else is as well. I'd imagine the excitement will go as they are overvalued. Possibly best to sell at a profit and wait until the price is more realistic. Here's to "in a few decades" lmfaoo

I sold my sipp in jangada and managed to get shares in space x. I feel silly for buying into Jangada. But hopefully I get to appreciate the act in a few decades. Jangada has wasted my time for too long.

Jangada is heavily invested in Fodere. I dont know what progress has been made with the advanced kroll method they spoke much of, but they couldn't have made any progress over the past couple of years as there is no mention of this "pre-commercial plant" they spoke about. Pitombeiras is officially mothballed until further notice.

Paranatia was supposed to improve the resource.... 50k ounces is not very exciting. Would it not make more sense to walk away from Paranatia? Suppose its best to wait for the PEA and remain balanced in perspective.

This isn't massive news. Its mostly confirming what we already know....

Im looking forward to buying. I need to see this selling wave finish first. Can't keep holding a stock that nobody wants.

Alright between me and you, we'll have a chat then. I wont take anything less than 1.6p.

All good, you can have them :) ill be buying back in about 2 weeks. Nothing is holding the price up for the time being and I dont need the risk.