Member Info for IzzyIzzy

Geezer and Booboo, get a room please.

Also less bickering and more buying please. 😊

*basher not a badger 🦡 😂

The 2200 oz they need to pay back is easily manageable. It’s 200oz a month.

They have mined circa 500 a month in the past. They had a target of 1000oz. Even next year 500 per month is sufficient to clear that debt off and be profitable

The question is can they ramp up production to that level next year.

Your question is would they have the opportunity to do it because you think they will get bought out for a song due to a debt obligation. The same debt obligation and lender who EXTENDED it last time round when I’m sure the concern was the same back then.

The fact you’re still holding and there’s a bunch of new buyers speaks against your concern. Why would you hold if you’re concerned it will go to zero. You said you’ll sell at 0.45. That’s been and gone. You’re still holding. Follow peoples actions not their words.

There’s buyers out there - look at the trades. There’s new commenters here even including Steve who has bought big. There’s a bidder who was trying to buy GRL for over 1p in April. There’s a badger who said anybody who buys this at 1p is lucky last year (much lower than 1p now).

Go by what people are doing

AIMS extended and warmly took their 14%. Why wouldn’t they extend again. Track record says they will.

Search this stock on Twitter. A few punters positive about it there too.

This board just has the usual suspects saying the same thing. Sure it could happen but if you’re confident it will happen why still hold your shares. And I seriously wouldn’t be surprised if at least one of the other guys who is bashing the stock on this board was secretly buying and it was just a sly tactic to help get in at a lower price.

Exciting week last week. Always much more fun to see the SP fly than drop

Hopefully more buyers will enter next week and hopefully Emma puts out some good production numbers next week.

New buyers coming in. Moving well.

We could have lift off here with some good news. Emma needs to post a good update. Anything decently above last month’s production will get people excited again.

Quite possibly!! Exciting stuff.

Definitely somebody will a lot of depending power buying!

A couple of big buys today.

A fair bit of buying recently. This will start ticking up again imo. Industry is picking up and the company is getting leaner and reducing costs.

Yeah hopefully one of these big buyers can propel it out of this range.

Gold is up 10% in the last month. Equities are overvalued according to the Fed. Where will these guys park their cash? Bonds? Gold (and gold derivatives as well as miners)? All of them. There’s going to be generalists looking to get into miners - many will look for lagging miners and some will find GRL.

As for who is buying right now, I wouldn’t be surprised if some of those who sold out are buying back into this stock. There was a guy bashing the stock recently. I looked at his history and he was buying this and averaging down for years. He even said, last year, whoever gets in at this price is “lucky”. The price was slightly above 1p at that point.

Some of the negativity out there may well be orchestrated. I don’t trust that Winnifrith bloke. Saw him pushing Zionist propaganda online - a propagandist. Why would I trust him bashing this stock? Also what’s there to say he isn’t on this board and others bashing the stock for his paymasters or his buddies to cash in on a lower price.

There’s dodgy people in the mining sector especially in this region where GRL operate. The CEO of ENDEAVOUR mining was sacked for dodgy deal activity (iirc millions was sent off to an unknown account). It was a massive buying opportunity. I managed to make 💰 by buying in.

Dodgy folk out there. The same with “journalists” like Winnifrith and forum contributors.

Emma and co just need to keep increasing production. Keep stacking.

It could all go south. Risk is still there. But possible reward is still big.

A few sells at .45. Maybe HarChris is out now. If so that’s another seller out. Looking positive especially with at least one big buyer collecting shares at this level

Gold price continues to hit all time highs. Hard not to do half decent as a gold miner at these prices!

Personally hope he holds on to his remaining shares. Bid at 0.45

Hope he holds and makes money 💰

Exciting stuff whichever way it goes. Hopefully up up and away!!

Deffo a big buyer out there.

Somebody has been accumulating heavily recently. Hopefully they continue their big buys. The small buys aren’t going to get this thing moving on. Need some of that big pound energy!

Noticed that big 2mil buy this morning.

Do we have a big buyer here now. There was a similar big buy yesterday

Wonder if they know something.

Talk on boards is free and not necessarily useful. The ones backing up their thoughts and research with money speak louder 💰

Wasarunner

You may well be right (probably are) but at these prices factoring the AISC there’s a lot of profit each month.

If we can start getting consistent figures above 500oz each month it’s a massive achievement

I’d be happy with something in the 400s in the next update. No need to expect 1000oz anytime soon. Emma over egged the pudding on that prediction.

Decent sized purchase. Welcome. Hopefully it’s just you getting started and that’s just a starter position. Cue the rooky numbers clip of Matthew Mcconaughey 😂

Hope you make a lot of money 💰

Looks decent in terms of gold price and the evidenced increase in production in the last year of gold.

Definitely potential for much more gold to be mined each year and the target of 1000oz each month is realistic in the next 12-18months.

Lots of positives

Of course the only real negativity is the gold loan.

Finally something to cheer about.

This could double from here. Looking to add to my holdings

A bit underwhelming seeing the SP crawl lower despite positive results and signs of a recovery in business

Did they say anything encouraging for shareholders in the presentation this morning?

Another bad set of results. They’re in a rut right now. I do recall them saying that their business picks up 6mnths downstream from new mortgage applications. Apparently applications have been increasing recently.

Maybe late this year or early next year it will start brining a noticeable increase in business to HEADLAM.

Congrats all. Much needed good news

Need the SP to go on a Charge and a rerate. Been tough holding this.

I don’t think anybody is “knocking” someone with a bearish thesis or somebody with concerns around the company

But let’s be sure here there’s a clear bullish thesis which doesn’t really get addressed by the those with a negative stance. They just fall back on the debt and a theory that AIMS will take it for a song - at times even being conspiratorial and suggesting EP is working in the dark to help this sinister plot. There was even some fella online claiming someone within GRL is stealing the gold that’s been mined!

Positive points:

We’ve been here before and AIMS just extended the Gold Loan previously.

A bidder is out there. They wanted to buy the company in April for more than 2x the current Mcap. Is this bidder still out there? If he is then watch out!

There’s buyers out there. The regular million share buyer amongst other big buys. Somebody or some people clearly have a positive outlook and these are big buys from a person/s who presumable have done due diligence and don’t share your negative outlook. The same with other posters

The princ loan really isn’t that much once you split it over the course of a year and look at the monthly ozs required. I did this in a previous post. They can pay it off next year with an average gold prodn of 400 oz (enough to pay it off and have enough for operating costs - and dare I say some profit!)

We’ve chipped away and paid some of the loan off each month so the loan is less than the initial amount. We continue to chip away at it.

Good prices aren’t showing any signs of dropping. 4000 is on the horizon.

Generalists will get in as they look to get in on the gold rush. They’ll look for mining laggards and see GRL. New buyers will come.

The negative outlook people don’t seem to have any shares and are just either doing the I told you so - my brain is bigger than yours charade that is common online sadly.

The other guy who is genuinely a shareholder sold his shares at a 50% loss but held onto a small position. He’s holding on and not selling now even though he planned to sell. So maybe he’s seeing some of the positives/hope that he didn’t consider previously.

In any case we all make our own assessments. We all can make mistakes. Whether this is a mistake for sellers or buyers, time will tell either way it’s not something to gloat over or fight over.

That’s my assessment so far.

All the while new buys are coming through.

Harchris probably has a lot of shares to offload. Expecting a bit more resistance. Once he’s out this thing can move up towards 0.7

As Fed rates drop this week in the US, gold should have more buyers. Expecting more movement on gold before EoY

In addition catalyst coming up with the September/early October update (as long as it’s good).

April bidder may come back anytime. All it takes is for the April to put forward a tentative offer (and as long as it gets leaked like last time) this thing will move big. Especially if it gets leaked to PIs.

More optimism on the board now - anticipating something.

All the best to all investors and traders.