Mediocre. When you consider the location of the mine. Will need to be better. Also no explanation for the delay. They claimed to have started 6 months ago.
Did anyone have a look on google earth to see if there was actual mining going on?
2000m of diamond drilling if I recall. I just done see where the money is coming from to do this as well as Cyprus.
Ramp and then placing coming
This is how Colin Bird survives- ramp- placing- ramp- placing
Meanwhile projects dont actually move forwards
You take a 'small' salary from each company- which together amounts to a lot when you live in tax free UAE
How else do you think he pays for his nice lifestyle?!
The placing is coming for sure. And we are about to enter the summer period where he traditionally heads of to Europe to live in a luxury bolthole- paid for by the PIs who bought into his snakeoil. He probably sits there by the pool laughing at our naivety while he sips Moet and plots his next placing.
Placings are supposed to move projects forward, not just fund companies running costs and directors pay.
...the incredible Zambian assays just over 1 year ago which turned out to be the excrement of a male cow (as I had predicted), and just around that time we 2 or 3 new posters come out nowhere and started ramping this stock HARD.
The SP doubled then collapsed again and eventually after 100 years the lab assays showed very poor results- way outside the normal standard deviation of error for a XRF machine.
I will not speculate who I think these rampers but have a think about it...
Be very wary of any new incredible assays coming out of Africa, be equally wary of new BB members or those on twitter who will ramp, and as always, be wary of the so called BAG- the investors group which seems more of a Colin Bird fan clap. Again...I will not speculate who I believe is behind those masks.
Colin Bird has his fingers in many many pies. Dont forget that.
Im about to head off on holiday so some will be happy to know you wont here from me for a while
I wonder if someone who is handy with the old google maps could have a look at the Hope site where there is allegedly diamond drilling going on and which of course will return 300% copper and 400% gold.
There is normally enough resolution to see if there is activity going on the site or not.
If not, thats a breach of marker rules as it should have been a notifiable event.
Im about to head off on holiday so some will be happy to know you wont here from me for a while
I wonder if someone who is handy with the old google maps could have a look at the Hope site where there is allegedly diamond drilling going on and which of course will return 300% copper and 400% gold.
There is normally enough resolution to see if there is activity going on the site or not.
If not, thats a breach of marker rules as it should have been a notifiable event.
No concerns about the obvious future raise that must be due?
No concerns about the fact we have dug to the earths core in Namibia so the world may implode?
No concerns that it is COlin Birds 'summer in Europe in expensive houses and Royal Ascot funded by private investors' season is upon us where the great snake oil salesman will go AWOL like he did last year (as I predicted)?
This so called BAG is rather suspect for a supposed investors group
Last year in spring- I warned everyone about the UAE summer slump- that the rich there leave due to the oppressive heat and that Colin Bird's would eff off to Europe to some luxury retreat and you wouldnt hear much from him....
As always..i was 100% right, Xtract, Galileo, BZT- between them- hardly any RNS till the end of summer
It is more of a case of 'I know what you did NOT do last summer'- starring Yorkshire's favourite salesman
And the so called Bezant Investors Group hear could only say meekly- Colin Bird is taking a 'much deserved break'.
I dont see why it will be different this year- nice food and wine in Portugal or Cyprus and we know he loves his horses- he will be hear donned in designed gear watching Royal Ascot etc
But for the love of God, CB should at least send us a postcard or an instagram post or two- its good for us to see where our money is going.
Colin Bird conpanies dont produce- they just dilute- that is how he funds his lifestyle
He is a salesaman, not a miner.
The recent purchases probably are trying to bulk up the price before a raise.
If anyone is interested- look at the SP of any CB AIM company- when he took over and what it is now...all, down down due to dilution and non-advancement of profit.
Are you seriously comparing UFO to BZT?
How far are we from a maiden resource in Hope btw? Bare in mind that Hope was drilled 2-3 months before Alien started drilling its DSO, which it has just started Phase 4 and is in advanced talks with partners for a take off. Meanwhile in Namibia- we have been drilling for 6 months that we have entered the molten core of the earth. No news, no updates, nothing fish at all, right?
smiller, in early 2020 MrT is on record advising against anyone buying UFO- its stock then went up several fold- at one point was top performer in AIM over the year.
The shares Colin bought are laughable as smiller has pointed out. Its a few thousands pounds
He has no real news or progress to support the sinking stock so he comes up with this
He is a salesman, not a miner. And his woeful record on AIM over the years is proof of this.
The question about will CB be here in 5 years is a good one. As pointed out. He is already in his late 70s. There was a guy who posted here a couple of years ago who was long experienced in CB companies and described Colin Bird's priority as 'feathering his nest for his remaining days'. I agree with that assessment- he has a hobby in expensive horses, lives the luxury life in tax free UAE. His network of 'companies' (if you can call them that) keep the luxury lifestyle machine oiled.
Anyone can claim anything on here.
The BAG has more red flags than a Soviet Union victory parade.
For anyone reading this- dont take my word for it- have a look at the previous "notes" from the posters and tell me if you dont smell something rather fishy
"Colin Bird is working as industriously as always"
"Colin Bird is taking a much deserved holiday break"
"Colin Bird has invented a cure for HIV" (I made that one up, the other two are real)
Will CB and the *alleged* BAG be now claiming that this new President will fast track Mankayan?
One thing for sure, we are fast running out of cash and CB will need a ramping angle to pump up the price before another SP destroying placing.
This is the classic Colin Bird strategy and it works, keeps him in tax free luxury in UAE. Only loser is the investor but that doesnt matter.
Bezant have dug so deep that they have discovered hell. Colin Bird will be announcing (ie ramping) this new opportunity to supply sulphur to the global markets.
So someone needs to do the maths- look at how much cash we have. Now look how much was committed to spend in Cyprus.
So does anywone believe that we have had a diamond drill mobilised for almost 6 months in Namibia?
Does anyone have any idea how much that would cost per day?
The math doesnt add up. Some companies have done 2 rounds of drilling in this time period. There are a few scenarios that may be in play here but for those who believe that the drilling is going on at the usual rate you would expect...its just not possible.
And again, no serious miner would even THINK of a mining development plan without a JORC which we are no way close to, Colin Bird just doing what Colin Bird does...baseless ramping.
Weird isnt it.
No updates from Namibia yet can find time to speak to some *alleged* investors group
Real comments (paraphrased) by the BAG
After a winter hiatus where we didnt hear much following the lukewarm market reaction to the initial Hope drillings (which I had predicted):
1) "Colin is in Botswana, working industriously as always"
(after a summer hiatus where Colin Bird went quiet on all his companies as I had predicted in the winter):
"Colin is in Europe taking a much deserved vacation"
Much deserved from what? Give me whatever tax free salary he is on in UAE for the very little work he does and i wont need a whole summer off.
1) Hope- no news, nothing. '*supposedly* a large diamond drilling programme is ongoing, we havent had so much of a handheld assay. And its been alomst 6 months since the drill was 'mobilised'. I wonder how we can afford to do all these holes in Cyprus and Zambia when we are a cash poor company. That is a very long drilling campaign. You know how much it costs to keep a drill company mobilised for THIS long in the Namibian desert? Highly highly suspect.
2) Kanye (metalrock) a company where CB and his finance director at BZT were directors of, bought from a company that CB was a director of. No maiden drill. Despite being told it was drill ready when we took over. Still fumbling around
Of course, no conflict of interest. And as the BAG told us, 'Colin Bird in Botswana, working as hard as ever, and also making a cure for HIV and saving all the rhinos'
3) Zambia- stellar handheld copper results which I immedietaly flagged up as 'suspicious'....caused the SP to rocket and a nice little placing off the back of that- later lab results confirmed my suspicions. Never head a squeak from it again.
4) Mankayan- same old same old. I said it the original deal would not go through and I was right, and people here who said otherwise had to put their tails between their legs. Now Colin Bird likes to use Mankayan as a ramping tool. If its so lucrative- sell it and focus on Africa and cyprus
5) Argentina- we still have a concession there (I *think*)- nada happening
6) Cyprus- seems to be the only bona fide Colin Bird Bzt project. The rest seem more like ramping material.