Member Info for lptuf93

Mark, I know you said if. My question is why on earth would you make a statement like that considering we've had no negative news. No board members selling shares. No problems with litigation. That random statement made absolutely no sense given the context.

Regarding the boards intentions, do you read the RNS issued at Lex? Refer to 23/6/21 - Operational update. Details their exact intention over the next 6-9months. Engage with Pivot mining consultant for resource or plan to form a resource. Soil/Rock sampling complete, awaiting results (since received). Core Geophysics to interpret VTEM/fixed-wing survey as well surface sampling to plan phase 2 drilling campaign. Dr Oliver stated in recent TMS interview that RC drilling is uncommon in the state's so procurement lead times are longer. They've been delivering on what they've said since November, why would I stop trusting them now? They've got pedigree too - Bernard has successfully drilled and formed a resource elsewhere (Mankayan). Drilling and producing couldn't be any different which is why the goal here is to sell once a large enough resource has been compiled. Then they'll likely form another company with a new exploratory prospect. It's not rocket science.

As for the share price, I assume you haven't been investing very long. It's not called the summer doldrums for no reason! There is and hasn't been much liquidity across aim over the last 2 months as is normal over summer (last year being quite exceptional). Usually liquidity comes back in September (and for exceptional news releases). As for the share price, it's consistently forming new higher lows over the medium term which is fantastic. As an investor, you're not looking for spikes (unless you're trading but how do you trade something that is quite illiquid with wide spreads?). If you're looking for 10p tomorrow, I suggest having a look at other stocks.

Maybe in the future you'll make statements backedby facts rather than random posts that could be replicated on any LSE board with no knowledge whatsoever.

Mark, in what world would you constrew this board as conmen considering what they have done since the rebrand? Are they affiliated to cronies like Andrew Bell? Maybe Colin Bird? If the answer is no/no world, why would you think we wouldn't benefit from mining rights being sold (whenever that happens)? There are very few realistic scenarios where we lose out considering the gold price and the gold we already know exists.

Honestly, where do PIs come up with this utter garbage.

Not sure if they are (maybe a rollover for 2x 1.25m) but there's definitely been consolidation these last couple of weeks. Volume will return to AIM shortly which should coincide nicely with our newsflow.

Been out of the loop for a while. Whatever happened to the deeper oil targets?

Not sure of the comparison - very apple to oranges. Cora have ploughed in 1000s of metres compared to us so we're much further down the value curve. Also, the intercept (19m@ 31g/t) was world class. I'm shocked they're not much higher. Summer doldrums I'd say. Think we'll do well come sept/Oct.

Team just keeps delivering. Going to be a beautiful 6 months of constant news flow.

Took 100k at 3.8

Wait a sec. Is this same circle Oil that SDX bought out a few years ago for Egyptian/Moroccan assets?

I agree RE:plenty of land but one thing that Romarco did when they were planning Haile programme(s) was subtly acquire land adjacent to their current holdings - to the tune of $10mn over 5 years. Whilst the data is limited, the longest & highest intercepts were in the northeast corner of JK license. Similarly to Loflin, their best intercepts were in the southwest corridor of the license and they acquired the adjacent licenses as well as a package towards JK. I hope they plan to do the same with JK even if they don't intend to drill it anytime soon.

Just listened to TMS podcast - you were right, RC drilling on the agenda for Q3. So glad we've opted for cost-efficient programmes utilizing RC or auger drilling. JK up next. Hope for 2,500m+ campaign. Wonder if they're grabbing more licenses in the adjacent northeast land package next to 100m+ @1g/t+ interval...

"A drilling campaign is currently being planned for the Carolina Belle Project and dependent on drill rig suitability and availability, will be incorporated into the Phase 2 drilling campaign for JKL"

One of the points that really struck me - emphasis on suitability. Is depth an issue with current rig? How far are they thinking of going? Geology at depth different to what they expected?

Board has set out the plan for the rest of the year. Delivered so far with JKL drilling (and impressive results). Truly believe work done by Core Geophysics will set out the roadmap and it's what I'm most excited for. Drill some, big raise, followed by another bigger campaign (is 10,000m DD wishful thinking?) and I honestly don't think a resource of 1m oz gold is beyond us.

And that's just at JKL.

Likely just poor market, coupled with bored PIs. Similar antics occurred when we were pushing 4p between Feb & May. No large sells were ever really reported afterhours - only buys and subsequent TR-1s from Pure Ice. Thought exploration update was very good and likely see a move back to 6p in the near-term.

Took 400k split into 4x100k trades at 4.09/4.05/3.92/3.905

100% RE: drill plans. Why not release the VTEM/fixed-wing surveys as they been processed & will be the model behind the forthcoming drill program. As for cash position, I'm not sure. The geo + small phase 1 campaign has burnt through atleast half the cash position as DD + adv. geowork is exp. Would expect phase 2 to be subtantial - min. 3000m going 200m+ per hole (depending on IP results). Could maybe auger and then finish with DD to save costs. However, I think if they release the geo and a bit more info on phase 2 + maybe a new presentation outlining the recent success, they can place higher up. Definitely think there's more to our run before another placement.

Brewer, adjacent to Haile, is being worked up by Pancon. They're probably 12 months ahead of us. Completed initial geo on former Brewer mine and dug a couple deep holes for Phase 1 campaign - reported 181m @ 1.24g/t UNDER the previous explored pit which highlights the untapped depth potential of these bodies. We are quite literally scratching at the surface here.

It derisks the project but AIM is often sell on news. Just hold steady. Should go up on good news but all in good time. We're still 70%+ up over the last couple weeks. Waiting for geo work to be RNSed.

Pullback is healthy & expected. Gives sometime to reset technicals for the next leg up. Only a couple weeks away now.

Yeah MMs taking advantage. Underlying strength is massive, expected a bigger drop on delay tbh so pleasantly surprised. We all know there are sulphides in holes though so doesn't change what we all expect here.

Delayed £96k buy just showed up from Thursday...