Member Info for Legalwolf

In my opinion, he does sound like a thoroughly unpleasant and untrustworthy character. But even without his criticisms of GEX and its management, there are problems with GEX. They overpromised on the drilling programme, and then they followed that up by over promising on the timescale for the drilling permit. The AFR also has them running out of cash, and arguably insolvent. They more than likely do need to raise cash, which they will struggle to do without a permit, and they can't discount below 5p, unlesss there's some loop hole we are not aware of to get around this - there usually is!

Might all come good, but very risk buy ahead of permit and placing risk imho.

PS: some of you are giving the trollies too much airtime. The trollies love it when you mention them, even if you are criticising them in your posts. It give them attention, and bad publicity is still publicity. So stop reacting or mentioning them. They will be here at 15p, 20p, 25p, 30p etc.

No need to clog up the bb by mentioning them at all, and in any context.

The big boys are most definitely buying what they can at these levels. We have seen these big buys coming in for a while now. They will take whatever shares the traders and weaker hands are prepared to give them. There are also the warrants - which they will also scoop up.

The re-rate is most definitely coming, it always begins with this kind of accumulation. One inevitably leads to the other!

The big boys also have to make a decision, which is do THEY want to risk waiting for Beaver Creek, before letting the price go from these levels. Because post Beaver Creek, there will be new institutions coming in for stock, so it's better (for both retail and institutions) to scoop it all up before then. Also, before Beaver Creek, we will definitely have one more, possibly two RNSs, and we will definitely have some more PEP GUARDIOLA holes landing.

All in all, makes me think the re-rate is fast approaching.

The way things are going, this is only a matter of time.

Https://x.com/OrosurM/status/1952611255371583729

Let's see what the institutions that bought Newmont's holding do this afternoon when the TSX opens. Could PEP47 be the hole that takes us out of this trading range?

VERY BULLISH candle forming on the chart, with MULTIPLE large buys landing, showing institutional buying. Looking well poised to re-test 13p.

Truly exceptional opportunity in the making here. MRE is likely to be much higher than expected and looking to commence production as soon as possible post MRE.

And what happens if news does not land tomorrow - will you finally admit you have been wrong all this time, or will it more excuses from you?

Go on, make a joke about food, because that's all you can do right now. I can do you a nice humble pie?

The best option would have been to add a resolution to the AGM in anticipation of this but too late now.

This will just bleed down now. Folk were warned but the Silvetpompous trolls were having none of it.

Can't raise below 5p means GEX is screwed imho.

Nothing serious to say and reduced to non sensical and failed attempts at humour. You carry on burying your head in the sands all the way to 5p.

A complete shambles so far!

No permit - heavy sells landing as predicted.

Https://x.com/ugly_winning/status/1952266106845999498

Https://x.com/KilconaVC/status/1952242190584856952

So no permit before the AGM after all then! Hard to see a way out of this mess imho.

With the AGM this week, surely the permit RNS has to land tomorrow? The company can't issue shares below 5p, and is likely to be out of cash by now based on the AFR, so what will it do for working capital going forwards? Is it a case of just hang on in there until the permit arrives, or has it already agreed a placing at 5p?

Why is this permit taking so long, it was meant to be a 10-14 day process from when DEMIRS had all the paperwork, but this is taking much longer than that? Also wondering why didn't GEX just raise more cash a few months ago when trading closer to 10p, instead of landing itself in this mess?

Let's see if the RNS lands in the morning and comes to the rescue. All imo and dyor

What will happen when they announce the MRE going into a $4000 gold price. Even at 380koz it’s a billion dollar project in the making. That’s without delivering any upside from drilling. Crazy re-rate is due here.

Ooh "moron" hey, says the guru who's told so many fibs and half truths that his credibility with most readers is going down the toilet with each post. Now he's losing his cool, which is always the outcome when someone descends from trader to troll. You've reduced yourself to the level of the trolls with this desperate need for validation and proving that you're right.

Here's a newsflash for you: other than that I know it's not 4p, I couldn't care what your average is, or its calculation. What I do know is that whatever hindsight trading methods you deploy, you won't be making anywhere near as much as the LTH on here. So I don't need to look closely at the methods (including of calculating averages) of a tin pot wannabe amateur trader.

Another newsflash: no one effin cares about your trading, or what you have to say about the topic. I certainly don't, and mostly skim read what you say about the topic now, as I know it's all build on spin and half truths.

So do me a favour, go play with others, who might actually give you the validation you seeketh.