Member Info for JB73

Go on then. I'll say it because nobody else has yet.

"3p just gone for the last time!"

It's a classic.

I've no idea what a rational valuation is at this point, but I'm sure that it's still definitely up from here.

'Mads' and HillparkTC. Same person?

Up 35% today with less than two dozen trades and no news?

Standard game I suppose? Price starts going up, so people start throwing money in?

I'll be following Sprott and Rule, holding until there's actually some significant news or a new understanding about the geology here.

Buyers! Perhaps Monday's presentation has started to reach a few eyeballs?

Note, there's another new logo on the twitter account. The original red and blue one on the website, Claude's gold and green one on google, the new one on twitter!

Once they've actually got joined up marketing, a new website and the TSXV listing I expect they'll find lots of new buyers.

Furthermore once the chartists start seeing things they like and piling in we should have lift off.

Maybe.

What they're doing is answering the unanswered geological questions that prevented this being snapped up in 2022 or 2023.

More drilling done quickly but that doesn't really change anything is not what's needed.

New CEO as sober as a judge and with a clear vision for what needs doing here.

No silly or rampy comments. Clearly focused on increasing the geological understanding of the project and delivering value for money.

I hold.

I do agree that they really need to start communicating now Don. It has been several months and they need to get the share price building back steadily. If they can't stop it from selling off every time it goes up from the sewer to the gutter they simply can't expect to grow or sell the company.

The debate seems less about what it's worth and more about when or whether it'll ever be valued fairly on AIM. People have lost all faith, not in the company but in the market.

Come on Don. A week ago you were telling us that the gold price will have scrap all effect on the share price.

It clearly will. It's just that the lag time for the re-rate is hugely unpredictable.

NPV is triple what it was two years ago, the market cap less than half.

Roll on Monday.

Rick Rule often says he's never had a ten bagger without at least one 50% pull back.

6p to 3p. Done!

I wonder if he's ever had a 50% pull back so quickly after investing, in a raging gold bull market and without the company actually having any bad news?

Welcome to AIM Rick.

"BAM is a valuable gold deposit and similar in size and structure to many known deposits across the region, many of which are currently being mined"

List of those currently being mined;

https://oma.on.ca/en/ontario-mining/Map.aspx

Particularly encouraging things about Rick Rule's involvement here;

Normally demands warrants. None here.

Normally wants management to have very specific expertise- i.e exploring for gold in greenstone in Ontario. Alex is scattered across all sorts of resources in all sorts of places- i.e non specific expertise. Rick in anyway.

Rick goes for things that he thinks can be large mines, since that's how you make large money. Always looking for NPV over a billion. Affirms potential.

One thing you can bet on is that there's now going to be some proper oversight of management and they won't get away with wasting money or failing to promote the company professionally.

I was just about to post exactly the same think SorB.

They haven't even noticed that there's a distinct second wind in the afternoon every time this has had good news lately.

Crazy.

Crying shame that the new website isn't up as yet. Leaving lots of market cap on the table.

I think there will be a lot of people who notice this, want to work out what Sprott sees in it or notice technical indicators looking good, then go on that website and come away without a clue.

Should be informing people as the news items break in a way that doesn't take 100 hours of reading.

I can talk though, I'm still not on Telegram!

Thank god for that. Find new investors = share price up.

Also going ahead with the dual TSX-V listing?

Also FYI, I don't have telegram. Will let you know if I get it.

Couldn't even read it, just got a notification that there was one.

Finished the week with a hammer candle on the daily Tg5. Very positive.

Thanks Urban Racer and sorry for the sarcasm about the website. Holding here for the last year or two has cost me dearly and it's difficult not to be annoyed given what the company actually does have going for it. I'll add new website to the list of potential positive catalysts to look forward to.

Also apologies for not replying to your message the other day. I've not got a paid account on here at the moment and it seems that you can send people messages they can't receive.

Time for a sweepstake SorB?

Hi Joe. You mean you went on the company's brilliant website and you couldn't quickly understand why you should park your investment capital here?

We all find that very difficult to believe. Old management assure us that the website is brilliant. All the majors the company has been flirting with love it!

Excuse the sarcastic start, but if anybody from new management is reading this.

SORT. THE. WEBSITE. It'll cost a couple of grand.

It has cost millions and millions in market cap as people like Joe turn up, hesitate, don't have a clue what they're looking at , can't quickly get up to speed on the company, then don't become buyers.

It is not supposed to be a comprehensive document library. It is your shop window, your number one marketing tool to attract new investors and explain the proposition. It is failing again today, clearly, as people ask around on here!

I don't think that's at all unrealistic NicetoMichu. It might actually be a little bit conservative.

If you look at that project I posted the other day (WIA gold) they touched a market cap of £75m recently with 2moz at 1g/ton in Namibia. That'd be roughly 25p/share here diluted to the new level and I wouldn't be all that surprised to see a 50-100% takeover premium to that. 40-50p/share if things go well? Am I dreaming?