Member Info for LeMajor

BRB, I think you'll find they are shovelling snow. If anyone is kicking the can it is more likely to be City Slickers. Once the road is finished, the heavy gear can be moved to the pad. if all goes well, that will be less than 2 weeks away.
Best read the label before kicking the tin, it's all in the RNS's.

MM's control the market - so they'll have to lift the bid price to 1.15+ to get things going. They will get their fill in Feb-Mar when FOMO kicks in, so probably not in a rush to accumulate at present. If they can't get 'em cheap, they won't bother buying.

I just knew there would be a simple explanation. I'll just have to keep looking. :)

252M? Not that simple. Many shares were bought when sp dropped below 1p . Some by traders some by LTHers. With FO & spud news due in 6 weeks why would a trader sell on 15-20% when 25- 50% is likely by end of Jan? Add another 4-6 weeks and who knows where we'll be when flow testing of Winx kicks off and the FO deal is known.

WAaussie, good to see you're easing into work gently after the break. No point rushing and regretting.

"email spikes" where did that come from ... I meant "erratic spikes".

I reckon we'll start getting news bulletins every 2-3 weeks until spud of Winx. Within 4 months we should see a steady climb in SP but being 88e it will probably come in a few emall spikes. After a 4 year wait, 4 months is not long - and with a series of bulletins covering valuation of assets, identification of sweet spots, partnership funding, tier1 expertise and a flow test, there will be an escalating interest in this company. Hold on, buckle up, etc, etc.

Reminds me of the Daintree - hard to breathe up there!

Spiney, from what I've seen, you are not exactly illiterate yourself.
It was -3.5c last night, wish I had your weather.

Spinefx, it may be wishful thinking, but I think we are due for some good results this year to balance with last year - both from underground, and from deals yet to be made public. DW clearly likes to spread his eggs amongst several baskets, and frustrating though it is as an investor waiting on the sideline, the long-term stability that comes out of this strategy will translate into steady growth. Some investors bought BIG a few years back when the SP was low and are laughing, others bought big close to the peak and now screaming betrayal. I have been more cautious and built up decent holding between 0.43 - 3.5, so have a high average (currently red) - but confident that by mid year or sooner we'll all be happy. Of those who are screaming, they will have a choice - bail out, stay put or top slice - none of us are immortal, so I will probably reduce my holding at a rate that will be comfortable - maybe over 3-5 years that way my "selling price" will be the average sp over those years - not the panic price on the first spike after Aprils' flow test of Winx (April is a guess). This share is not for pessimists, it will twist them beyond the coefficient off restitution!
Never invest more than you can afford to lose (do as I say, not as I do!). :-)

Hi Topofoz, I think a full buy-out is unlikely (not impossible though).
We now have 4 projects running - and 88e has 2 subsidiary companies (currently).
We could end up with a production unit for shale, conventional and gas across several geographical areas in Alaska. I also think that the Shale/HRZ is still the biggest resource, and that any money raised by selling off one or more subsidiaries will go into proving this main focus area. Indeed it could even be the case that once DW has enough cash in 88e's bank account, he may start exploring closer to home funded by royalties from the Alaskan venture.
We just don't know, what we just don't know.

http://dnr.alaska.gov/mlw/tundratravel/
I wonder if we can get moving on Ice Road construction ? (bring-your-own snow)
I would not be surprised to see a status report in the next few days, news on Roads, drilling Permit, 3D Analysis, Yukon Intentions - will it be drip fed or come as a bundle?
I suspect there will be much interest in Winx from our neighbours - if proven to flow sufficiently, we could get a relatively quick deal (within a year), royalties, cash, or a blend of both. being multi-stacked, surely at least 2 or 3 of the targets will be sufficient to turn this SP around - only 8-10 weeks to find out once the ground is hard enough to mobilise the gear.

Also link from "lobber" on HC
http://dog.dnr.alaska.gov/Documents/Leasing/SaleResults/NorthSlope/2018W/NS2018W_Preliminary_Summary_Results.pdf

Auction, Yukon progress, Iceroad construction, Drilling permit, add 3D to taste - then bake for 6 weeks before adding spud. Satisfying, winter warming meal for 4 partners, with a flow test for dessert. Lashings of gravy to be shared by thousands in proportion to the slice of bread brought to the table.
Salivating already!

V11Jas,my heart's been punctuated - as for sentiment, from here, the only way is up.

Translation:
Keep the peace - don't use the gun.
Keep the piece - hold onto the gun.

News on Auction Leases, Ice Roads and Drill Permit. at least 2 of the 3 will be positive, and hopefully take us back to 1.5-1.9p before the Spudding or FO news breaks. Beyond that is anyone's guess - I'd like to think each will add another 1p but it all depends on sentiment. Beyond that we will have Winx flow testing and possibly more FO news on Yukon and/or HRZ next stage - we might even get a visit/presentation from DW in March/April.
Those peddling gloom in order to suppress the SP would do better to get in sooner than later, the worm is about to turn, and it's had a new set of teeth for Christmas.
As for 1p by year-end, we might well see it yet.
Anyone taking my predictions seriously, I'm about to sell a left-hand square bracket for £50 - only while stocks last!

Meant to say " very long shot, for next 12 months"

25p is a very tall order but we are news & event driven - so would take a sell out to go that high.
3D analysis, Yukon progress, Farm Out, Winx hole, Winx Flow test and (very long shot) HRZ lateral. If they all came off we'd be in double digits.

And may 2019 flow consistently well.
Thanks to all for participating.in 2018, particularly if it was constructive.
LeM