Member Info for JB73

Furthermore Mota Engil stock down approximately 50% from the peak in March. Expensive time for them to be buying things.

Not looking to be a killjoy. Plenty of stuff to look forward to here. Just not expecting a big result in the immediate future sadly.

Give it two to three years of positive results accumulating first Scott.

I don't think anybody is suddenly punting 500%+ of the current share price because some geological consultants have been on site and some resampling has been done.

For me there are many unanswered questions. Plenty of them point upwards with a positive resolution.

Where's that TSXV listing and will it make a significant difference to the valuation?

How do you go from 1g/ton to 3g/ton without doing much work and if this proves correct, how the hell did they get it so wrong to this point?

£13 million market cap might be unfair, but if they want a bigger/continued re-rate they'll have to offer the market reasons to provide it.

People who understand that a lot can go wrong between here and there sportbilly. Also, people who've had enough of playing the AIM game.

Like I said, I'm holding here as long as the general news is good. Hoping for appreciation of the type you mention over 2-3 years, not counting on it as a certainty.

They really do have to keep pushing on. Hard.

It's not a bad comparison. Except O3 is to PFS. Landore are now talking about PFS in 2027. I'm not negative about the prospects here, just resigned to the fact that there are a lot of hurdles still. A sensible offer is probably three years away assuming things go well. Finding people who are prepared to hold for three days is hard enough.

I'm sticking about for the ride, but I don't expect a quick conclusion. If one appears sooner than expected it'll be a massive bonus.

Personally I'm happy to see it have a bit of a digest. Sharp spikes up; completely pointless. Slow, steady rise over the course of months that will hold; yes please.

It did need that new website. Actually rewarded for doing something at last it seems?

As I've said on here before, hoping for a slow and steady rise that sticks. Sudden spikes are too tempting for people to sell into.

Get that TSXV listing sorted to attract some more sensible shareHOLDERS and explain to ordinary, non geological people how what they're doing can move this from 1g/ton to 3-4g/ton and this could get seriously interesting.

Personally I do not understand how there can be such a dramatic upgrade, hopefully Alex can communicate it.

I know that they'll edit me out if I swear on here, but ho lee sheet!

Two second look and good god! It actually has a web presence that makes it look like a real business for the first time!

Even I'm getting bored with hearing how it's placement shares working through. There appear to be an almost unlimited quantity. Equally as likely, people are just as bored as I am and things that were expected some time ago now including the TSXV listing and new website are still not done. Don't get me wrong, I am still sitting it out based on the prospect of meaningful geological progress, but these two items really should have been sorted by now.

We can all hope and dream of a deal here sportbilly. Indeed that's why us bag holders waited here while the share price continually declined.

As things stand, they can't seem to get it above 3.5p and accordingly it's hard to imagine that a takeover is anywhere near sadly. The premium would just be ridiculous as things stand.

If it doesn't, then it all eventually adds up. Pressure is building as positive steps in the right direction accumulate.

I think you're right Bozmo. It's obviously not a project that's in the bag, but I suspect Rick Rule laughed his head off buying in at the price he did. Free to steal it because he's got patience and can afford to wait.

Plenty of gold banked. Plenty of cash in the bank. Plenty more gold to discover potentially.

Fundamentals getting better and better.

In serious need of more investors and less traders though. Landed a couple of the biggest precious metals investors this year I suppose, but interest in holding shares among AIM punters appears to be at all time lows.

Thank god for that, I was dying of boredom. Appreciate a proper and significant turnaround takes time, but website was mentioned in July and was hoping for TSX listing last month.

They are working at stuff. But they need to get on the TSXV and sort the website as it's finding new investors that will actually move the share price back up.

Slow and steady price appreciation is what they need if they want to get shares into the hands of people who will hold them rather than flip them. Quick moves up are less likely to be sustainable and are therefore not adding adding value like steady moves up.

Lots more promoting to do, but a good start.

One thing that makes me laugh is the number of nobodies who will tell you that you should never average down.

Eric Sprott has averaged down enormously here. Yet the nobody traders of AIM know better. Apparently.

It's why they need to get that TSXV listing done.

See if they get any more sensibly treated over there.

To my untrained eye, a super obvious bull flag has formed.

Pole Wednesday 25th September. Digestion/flag between 3.5 and 4p since then.

Are traders waiting for the breakout above 4p? Time for another run?

You're welcome!