Member Info for Legalwolf

I suspect they are going to package everything into one mega update, hence the time being taken? They also have JV and insti interest, and so there could be a lot more going on in the background than we might appreciate.

But hopefully we will get a RNS worthy of $3500 gold - the share price is certainly knocking on the door of the next break out.

Good to see some really large buys going in today. If this can rise simply off the back of the gold price, that's fine with me. The next RNS, which can't be too far away now, will take it even higher.

Was trying to see if other companies with a TAG had received their payments. Can’t find any recent news or tweets from DFC and that is likely to do with this 90 day pause.

Might explain why Bres placed now ahead of the 90 day order expiring. What happens on expiry is now the key question?

Got a feeling OMI will breakout this week, with or without an RNS.

Do we know for certain that DFC payments are frozen at this moment in time? That seems to be the almost unspoken emerging consensus on here, but is it possible that the delay in those payments is down to DFS milestones not being reached, as opposed to Trump/DFC related issues?

You have to put a meaningful amount in otherwise you won’t make enough on the few wins that you catch, or make the whole endeavour worthwhile. Unless you are doing it purely as a hobby or more like betting on the horses.

I think most of us have been around AIM long enough know to have some idea of the tricks and traps and it’s a case of improving and learning each year, and increasing your pnl in the process.

The aspects I find the most difficult are: finding new opportunities, timing entry into them and knowing when I have got it wrong and should be taking the 10-15% loss, before it turns into a 30-50% loss.

There are so many bent companies on AIM and so many shenanigans that go on, that you simply have to view it as a "game" that is rigged against you. Let's call the game: "The City and the CEO". Both of these sides are in it to make money for themselves, first and foremost. The former do it at our expense with all the forward sold placings etc, and the latter only get paid by being in cahoots with the former (talking up their companies just ahead of these placings, etc).

Even the more genuine CEOs get dragged into this cesspit - that's why AIM has been struggling, because it's so manipulated.

Everything is a ramp, often built on sand or dodgy foundations, and the house (project) will come crashing down at some point. We just need to make sure that we get in during the move up, and get out before it comes crashing down, as they always do when the traders exit, leaving the investors to nurse the losses. Examples of this approach are getting in after placings, staying out if not funded, getting in ahead of drilling and getting out before results.

But it takes a couple of years in the AIM casino and being on the wrong end of the likes of HE1, ADV, etc, and then the right side of these same companies, to realise how the rigged game works and sharpen up your tactics. Even then you will make mistakes every year, but the idea is to win more than you lose, and come out in profit overall. Some years will be better than others, because the wider market plays a part as well, but that's a whole another topic.

And in fairness, I first posted this contrarian view last year, saying that I did not see any possibility of share price growth until Bres at least got close to DFS completion, which in fairness, has been delayed a few times now from the original timescale. More recently, focus has had to turn to the funding situation, which appears to have been further complicated by the DFC uncertainty.

I don't post to help anyone else in particular. I actually couldn't care less what others do. If its okay for others to post their positive thoughts all the time, I don't see why it's an issue for the contrarian view to get the same air time. But that's just how these BB work, where underwater holders whose positive ramping (bs) has turned out to be wrong, time and time again, can't handle or admit that, and just go onto personal attacks when they are proven wrong.

Had I listened to these amateurs, I too would have been buying at much higher levels, left waiting for this so called re-rate, and would now have been nursing an actual or paper loss. Thankfully I didn't listen, but now have to endure the personal attacks. But no big deal, and been around these BB long enough to ignore. But don't understand why folk don't just filter as opposed to getting personal. That's what I would do.

I've made no secret of the fact that I'm looking to time an entry here for when I think there's potential for an inflection in the share price. That's what any investor's objective should be. My posts don't dictate anything or to anyone. Bres didn't decide to do a placing because I was forecasting one 😂. What I post has zero effect on Bres, the DFS, the DFC, the drilling, etc. This is just a chat board. Some folk just need to chill out a bit. Who cares what anyone else thinks.

Most of the battle will happen below 5p. Once 5p is cleared, we should then move rapidly through the gears. Phase 2 results will be highly significant in terms of really exending the strike area and hence the value of the company. Should provide a real inflection point for GSCU.

For once I agree with everything you have just written! There was definitely the whiff of this placing from the preceding share price action, and then the almost customary RNS that landed just beforehand. It's why I didn't buy at 3p.

It's well known that many placees flip their shares and then ride the warrants - where do you think this liquidity at 3p is coming from? Naturally, if there's more supply at 3p then demand, the price "could" be lowered accordingly. The placing shares are admitted next week, so let's see what happens over the coming days.

Unknown is whether Bres have some bullish RNS lined up to support the share price post placing?

Looks like placing shares being flipped already at just below 3p. If there aren't enough buyers for them, then it would not surprise me to see the price drop further below the placing price.

If you look at the chart, the shares at these levels have been soaked up over the last few weeks. I think the last of the stock that is available below 13p -13.5p is currently being taken up, that level having been tested a few times now. Looks to me like OMI is readying itself to breakout from this very nice cup and handle pattern, which is one of the most bullish patterns that there is.

Breakouts from such patterns can just happen by themselves, in anticipation of newsflow or in response to newsflow. With all the activity that OMI have been doing of late (as per previous RNS and the current tweets), I am expecting a RNS to land any day now and by month end at latest. I think it will be a really exciting one in terms of forward drilling plans. How can it be anything else, given the company is now fully cashed up and ready to go on what must be one of the most exciting portfolio of targets that any junior explorer has right now.

Once this goes, it will just go, supported by the backdrop of a gold price seemingly headed for 3700-4000 in H2 of 2025. Train is about to leave platform 13 so jump on board whilst you can.

A very exciting period coming up here for sure. All imo and GLA

Looks inevitable that gold is going to hit Goldman Sachs' projection of 3700 for this year. Once it gets to that level, you can then see the market starting to talk about "4000".

Thanks wave - useful to note that.

The last substantive one was 10 March. Since then, they have been doing the surveys and sampling, and so need time to process and organise the results into a RNS. So I would say RNS inbound any day now and by month end at latest.

Can't buy a bean across two platforms. Must be only certain buyers allowed to grab em cheap hey on this manufactured drop ;-)

Also, don't think there is any need for company to comment on something that has nothing to do with them.

Looks very much like Gold is going to be the go to safe haven right now. There are concerns that Trump has eroded trust and confidence in Treasury Bonds and the Dollar, meaning more of that money going into Gold. Gold also does well in a recession, and Trump might well have triggered one of those as well. Trump is literally one our trump cards here it seems.

Goldman Sachs have called 3700 for 2025, and it looks to be heading in that direction. From there, 4000 becomes an obvious talking point.

Ducks are lining up here perfectly right now.

KR - i've been following Bres closely. As you might know, some of its DFS costs are being paid for by the US throught its DFC. The problem is that Trump has made an order which affects the DFC. At the moment, it is not clear whether Bres will receive those payments from the DFC on time, or indeed at all. That in turn makes it unclear whether Bres is fully funded for the DFS. Probably why they have had to raise now to keep the DFS going.

Frustrating to share to be in, and to be out of as well.

That's the problem, the fully funded claim has been made before, then there's a contradictory statement in subsequent documentation (e.g. the AFR), folllowed by this raise, which states that it is to advance the DFS, as well as working capital. It's all a bit shifting sands.

I wonder whether the difficulty is that the DFS is technically fully funded only because of the DFC, but there is uncertainty over those DFC payments, in terms of whether and when they might arrive? Alternatively or additionally, that being fully funded for the DFS doesn't mean it won't need to raise capital again, because of course it has ongoing costs and liabilities unrelated to the DFS.

Maybe there will be another webinar where MR will address all this? But if now truly and unequivocally fully funded, that is something they should be banging the drum much louder imho, as it's quite a key issue.