Member Info for JerseyCrew

Daniel - I have been watching this company intently for the last couple of years - every move, every interview and every RNS. I have applied my limited knowledge around mining and my wider knowledge about finance and corporate activity. I have tried to be balanced. When you say I have been completely absent of balance I think you are wrong - my view. The reason you might perceive that is I spend the majority of time correcting posters such as yourself who come out with opinion guised as facts and where you are simply wrong. I try and add balance and context and in the face of unsupported negative statements, then of course I can see how some of my posts in isolation will come over as you describe.

I have never hidden my enthusiasm for this company and whether you like it or not, we were on a path for success when OCIM walked - and they did walk despite the claims here of negligence on GCAT's part. The strategy has always required expansion and expansion has always required funding of some sort. Robbie and GCAT have been rolling the ball up hill ever since in an effort to attract more investors in an incredibly difficult environment to attract funds - especially into an African country where a big investor has walked - leaving suspicion in its wake as to why. Robbie has kept the lights on and even managed to move forward in many areas and on a shoe string hand to mouth budget as he has regrouped and tried to bring the ship back on course. I really don't think most of the posters here actually understand a fraction of what it takes to run a business let alone a mining operation, with health and safety considerations, the logistics of running old plant and machinery, the vagrancies of down times in electric power due to widespread country power issues, the requirements that go with being a fully listed company, attracting the right calibre personnel - the list goes on. The likes of you Daniel show no understanding of what it takes to run any kind of business - you just pontificate about how easy it must be to come up with a set of accounts.

I disagree by the way about whether success or failure will be down to one man. Yes the top person is normally held accountable but it takes a team to succeed and we know that Robbie is running an incredibly lean managerial team, so maybe in this instance when it is turned around, Robbie will be largely responsible but not fully. Just in the same way if it fails it will not be all his fault. From my business experience there is rarely black and white in these things.

What do I think was Robbie's greatest error - putting too much faith in OCIM and communicating that trust and confidence to shareholders before the deal was done. He hasn't recovered from that in many eyes since but I think he has learned hs lesson and precisely why we aren't getting any feedback at the moment of detail on funding being put together in anticipation of the audit being released. Just my view.

Legalwolf - I see your stance is that failure would be totally down to Robbie. Presumably then success would also be totally down to Robbie?

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