Firering Strategic Minerals: From explorer to producer. Watch the video here.
Align Research also active and reposting with commentary. Interesting the company took down the message about the interview and Aiden flying at the moment - mmmmm wonder where he is flying to or from?
We are some way off production yet but always good to see POG in the ascendence - after all it's our future revenue source.
Currently $2373 and rising
Lets face it most of us fall into one of these camps in their thinking:
1. will come out of suspension and will turn good - hold / top up or trade
2. will come out of suspension but still doomed - sell
3. will not come out of suspension - no decision to make
Any other scenarios?
Over to the auditors....
Is this normal?
BMV are active again - looks like Aiden will be doing a StockBox interview tomorrow - good stuff - spreading the word!
Another 6M purchase in early trading by one investor by the looks of it. And so it continues
Given the low MC and the potential upside and relatively few posts here, its clear to me that this is still under the radar to a large degree. Its giving a few an opportunity to load up in significant numbers. Interesting to see whether we het any more TR1's but the onus is on the purchaser and not the company to declare.
Some large purchases by the look of it
JWB- spot on - the grades are amazing and very shallow to my understanding which should reduce the AISC I would have thought. Has anyone seen any indicative AISC?
Lets hope AB does another interview to highlight and promote.
The Lobo licence covers 1,164-hectares. Multiple high grade target areas have been identified and include the South West Breccia ('SWB'), West Drift, Japanese Tunnel, historic Lobo copper mine, Camo, Acacia, Pica, Balisong and Ulupong prospects. Lobo has an initial Probable JORC Compliant Ore Reserves of 171,000 tons at 6.6 g/t for 36,000 ounces of gold excluding silver credits based primarily on the South West Breccia ('SWB') area of the licence that can be mined in the first 18 months of any operation. There is an Indicated resource of 82,000 oz Au that is perceived as easily convertible.
Additionally, the Lobo licence area has multiple epithermal and high-grade targets already identified for resource expansion with 15km of identified mineralised structures with results across the nine identified targets yielding excellent results. These include 2.1m @14.4g/t Au and 3m at 12.1g/t at West Drift, which already has an Indicated and Inferred resource of 350,000t at 3 g/t Au, 8.35m at 18.3 g/t Au and 6.0m at 31.2 g/t Au located immediately west of the SWB Extension, 19m surface channel sample with intersections of 19m grading 9.8 g/t Au at Ulupong and trenching at Limestone Target yielded 3.5m at 25.9 g/t Au including 1.5m at 56.8 g/t Au.
And we still have Kochang up our sleeve - news could drop on that at any time.
Humour me
10k at POG 2300 / AISC 800 x 40% = usd 6m
60k at POG 3000 / AISC 1000 x 40% = usd 48m
100k at POG 3500 / AISC 1200 x 40% = usd 92m
What price earnings ratio on miners at that point?
Not impossible numbers given time. I even included inflation for the AISC and down played where POG could go - some say 5 to 10k is not impossible.
Tuesday evening dreaming
ATB
Worth repeating this from the RNS
Gubong is the larger of two 100% owned gold mining projects in South Korea. It was historically the second largest gold mine in South Korea and the Korea Resources Corporation estimated 2.34Mt at some 6 g/t Au garnered from 57 drill holes over 17,715.3m. It is an orogenic deposit, which typically have a depth of 2km compared to the current depth of 500m. The Company believes it has a potential resource of +1Moz Au in-situ, plus an estimated additional 300,000 oz Au from satellite ore bodies. Having completed extensive analysis of the historic data, it aims to bring the Project into production with a medium-term target of 60,000 oz Au per annum rising to 100,000 oz Au.
100k oz pa!!!!!
Just 1 share at 1.05.
Games being played
JWB - glad to hear it.
ATB
Legalwolf - it is one thing to air things - we have been airing old ground time and time again here.
If you have facts please share them and the relevance to GCAT please.
But I don't understand why they are paying so much at the moment - anyone?
And another 3M taken off the table
Hey Mickey - with a goldmine and existing HNW investors already with a big stake / financial commitment, I think the odds are much better than that. Are these HNW's going to let this fall over and they loose their investment?
ATB
Legalwolf - I am not aware but full marks for a post planting further seeds of doubt. Maybe do your research first and get all the facts straight before posts like this?
That was a low punch and not required!
Unbelievable.
Just noticed the 2 large purchases posted total 3M shares - someone certainly loading up it seems