Member Info for Kabaa

I remember when eua went from 0.4 to 0.8 at lunch time. People were saying don't buy the spike.
It ended up going up 100x and over 200x from when it was 0.2p.

These people are incredibly silly, sell highly valuable shares at the WORST possible moment just when they start performing. The smarter ones realise a month later how utterly silly they were.

"Buy when the stock has settled"

Sorry but that's the silliest thing I've read in 2021.

This could easily go up a 3 digit percentage today and again tomorrow and keep going up significantly in the days thereafter.

Someone just posted up a very bullish link.

Dyor but if I were to give advice it would be 'GET IN!'

Excellent post at 7:37.
I've been reading up a lot and thinking about this share.
I too believe the share price could dwarf the recent heights of 6-7p incredibly quickly.

I completely missed out on the easy money being made in the covid stocks in 2020. I do not wish to make that mistake again and this looks like a good time to get in sub 2-3p for a very reasonable chance of a 10bag+.

The recent news in uk/Europe and excessive lockdowns shows covid is here to stay for a very long time, 'vaccine' or not and good quality masks seems the cheapest and easiest solution for everyone to get on with life without lockdowns every 5 minutes.

There's a mini downtrend in the gold price from August we are likely going to break upwards out of quite soon. Could be interesting.

Thank you Parsley2, I'm taking a look now.

There are some incredibly interesting clues here that this could have another major rally in January. I'll only take a small punt for now until I read up on it a bit more.
We are past the phase where the placing could get cancelled or the stock suspended etc. So that's that out of the way. As you say lots of cash now also.

Yes the warrants are no big deal but it will be fun to buy some shares and vote them down anyway. Ha.
Dr caves large recent interest in the stock and the disappponting fact that covid and masks could be here for a very long time also make this share interesting.
I think the recent news flow scared the market out of buying this but it could actually be the best time to buy it.
I'll probably buy a few next week.
Any more comments very welcome.

2 different people have told me to take a look at this stock now.
I'm not in yet but tempted to take a slug of shares simply to vote against the warrants.
This is an interesting scenario I must say.

Does anyone have a summary of what's to come in the first quarter of 2021? Any interviews or broker note where I can get a decent run down on what's going on here?
I took a look last week and didn't like the look of the update but it's held up strongly which suggests it was just a storm in a teacup.

I'll be researching this a little more and decide whether or not to buy in the first week of the new year.

Very good post at 13:11 cash and card.
I think Haveiron will be closer to 20mn ounces than 12mn and the market likely thinks the same.

I think the value of ggp could easily go up 2-3× once in production.

20 million ounces at 500-800 dollars per ounce margin x 30% = 2-3x our market cap.

Obviously there is a lot of upside downside on them numbers over the next few years.

I think ECR is more at the level when ggp was around 0.3p and getting started! Far more speculative but far more upside!

ECR being compared to greatland gold around 6-12 minutes in.
Thoughts?

https://twitter.com/StockBoxMedia/status/1343184156138885121?cn=ZmxleGlibGVfcmVjcw%3D%3D&refsrc=email

Abdus I can't seem to copy and paste this one but if you search ecr on Twitter you'll hopefully find it

There is a newer one from stockbox

I have just listened to a stockbox of this posted on twitter.

Well worth listening from 6-12mins in for ecr.

I'm unsure how to post it up so hopefully someone else can.

I completely agree with what the chap is saying + a lot more....gold has gone up way higher since the ggp jv with the potential profit margins being 3 or 4 times higher since that deal was negotiated.

Bullish chart here. ECR is in a strong uptrend too. Although not quite as fast.
I think January will see a lot more money come into these and a few others.

You're almost always better off buying stocks with a confirmed uptrend, rather than waiting for a bounce in a heavily sold stock. It took me over a decade to realise that.
Look at the chart of ECR for instance and watch the price over the next 10 days.

It is nonsense. People have been moaning about the same thing since the beginning of the stock market.
Companies need money to invest, that's why we are all here.
It's like you complaining about the price of a house being far more than the cost of the bricks to build it and saying no one would buy that for that reason.
Whilst everyone else just buys one and you stay under a bridge trolling people and voting for a change of the system.

Nonsense.
The sp could go up 500% and they won't need to do a placing.
Even then the market cap would only be 150mn at well over 20p.

This is partly why the sp is going up in the first place. Warrant money is coming in which negates the need for a placing for a very long time.

If the drilling results are good in January/February and they want to accelerate it, they could raise £5m in about 5 minutes in this market. The price will of course be many multiples of what it is now so the dilution will be minimal and the fact we are using the cash to drill a very promising prospect will be shrugged straight off by the market.
Stop whinging.

I was hoping for a dip to 3.6 or 3.7 to top up into.

I wish I just paid 3.8 now!!!

https://www.resourcestockdigest.com/archives/market-commentary/the-hunt-for-fosterville-style-gold-mineralization-down-under/

Very good post trek.

I didn't notice before but quite a few little gold exploration aim stocks rallied today.
Perhaps funds are starting to buy them.

I also agree that better here as we are in an extremely strong cash position compared to most.

I will also add that many of these little stocks that have been rallying have very dishonest and incompetent management, added with rubbish assets so would not go near them personally and would rather have the money in ecr and 1 or 2 others. Craig is alright imo and the assets we have are extremely valuable. This will be head and shoulders above the others as time passes imo.

Gold will be in bullish territory when it gets back above 1900. Then we'll really be off to the races here...

Out of all if the different chart patterns, reversal days are the most bullish in my experience.
If we close blue today then I can see new highs very quickly, perhaps within a day or 2.

I don't think I'll be tempted to sell any till double figures sp but fun to watch it go up...