Member Info for JP2000

Shareholders originally agreed to waive the 30% rule but would a single purchase over 30% by another entity trigger a takeover, quite possibly. I think any offer for the stake will be < 30% & at a discount to SP.

XRF is highly inaccurate.

It provides indicative mineralisation only.

It’s more an overdue catch-up & building momentum ahead of Q1. The shorters on LSE have been quiet for a while.

Now showing c3% traded

Best volume today 1.2% for the last few months & its mostly buys from existing shareholders (Telegram) positioning for Q1 & taking out MM holdings. Whether this soaks up free float & limits Peel's games remains to be seen but the shares are now in sticky hands. The faithful clearly belief Q1 will be transformational.

It always takes longer than estimated. Take Fulcrum, RNS today to say they’ll release assay results (without timeline) when the assays are already overdue. Must admit, I do check each day for Panther news as keep hearing things imminent or lots of work behind the scenes. Drilling is dependent on ice thickness & likewise think Jan date more likely. Drilling submerged tailings is more technical than Fulcrum’s programme so it won’t be straightforward.

The core photos potentially look good but is it gold or pyrite, and are you looking a one small portion in a 100m core.Even with XRF probably a good idea to wait for assays before getting too excited.

Poor assay results for minor earn in. can think of half a dozen U.K. quoted explorers with significantly better projects.

Guessing Turney's ego exceeded Purebond's willingness to fund.

Key shareholders supporting Panther.

Expect news on tailings being drilled & start of the CSE listing process

Big news today was klepto's doubling gold royalties to 10%...what took them so long!

Gut feel is Wynter Bee & co already own 80%, they'll walk the share price down 0.3p & then take it private.

Commencement CSE listing process.

Then 8-12 weeks until trading

Flow Through at some point thereafter, usually 50% premium.

If London doesn't want to fund, Canada will.

Waiting for ice to thicken on tailings pond.

Drilling time ? 1-2 months

Assay results

MRE calculation

Once MRE in place everything changes.

Good appointment as the needed a CFO for the CSE listing.

Should promote more focus on delivery rather than deal making or BTC.

Drilling to start very soon, led to believe targeting end Feb for MRE.

CSE listing Feb or more likely Mar

If the drills reflected 19g/t then it would be obvious from a visual core inspection. In reality it’s not that unusual because can get concentrations of Au in hydrothermal veins but whether that reflects along a decent interval is quite rare. Panther had a similar situation a few miles away at Dotted Lake but the diamond drill result

Can’t see the Kremlin agreeing to any deal other than capitulation which EU will not agree to.

BCB: is that your 100k trade today, difficult to tell if a buy or sell?

Suspect SP has dropped because MS gave mixed signals on Dead Otter. No details about drill campaign & unclear if starting in the new year or the next drilling season whatever that means. My take was Q2 26.

MS should have said 'plan is a 6 hole campaign on key targets commencing April 26' The SP would still have dropped because pointless having funds locked up for 4 months but at least he'd have given clarity to the market.

Panther has a real life office in Hitchin & its not glamourous. Darren isn't fake, isn't dishonest, he's genuine...a very different character to Ben Turney.

I accept there are focus & credibility issues....but like DH you were enthusiastic about BTC when I (correctly) thought is was BS.

At this point I'd say keep a very close eye on Fulcrum Metals which is now closely connected with Winston/Panther & give Panther another 4 months, can Panther deliver MRE by end of Feb, will Fulcrum/EKtract have optimised recovery to 70% & is there any value to Gallium? Should also hear about CSE & Obonga plans.

More moron posts

Have to agree with you.