Member Info for Lucky520

Gold price crossed $1750 again. Wonder if we will see £1800 this week.

A 10p would need hard rock revenue consistent and another project producing as well as good exploration results too. All which is possible.

Yajnas, gold is on a good run and we could see 2000 + by year end......maybe!!!.
I think 10-20p Is optimistic but that also depends on your timescale?
I think we are looking at 3-4p once hard rock plant is producing, and 6 months after the price will gradually rise to 6-8p based on regular income. You might get your 10p but I think realistically that is over a year off.

Thanks CE, my estimation of 3 month plant build sounds correct going by what you have said. Just a waiting game for the boarder to open then.

CE, did you get any information on the plant progress or when the borders may open? Thanks

Found it. On the up side gold is rising again.

I have a Halifax trading account and in my corporate actions there is nothing available. How do I go about voting?

Morning CE, I totally agree with your statement. If we need to raise the cash then come to us first. Like I said before, we shouldn't be spending funds on exploration if the funds won't last us till hard rock revenue.

Just had a little test, I can sell £5000 easily but can't buy £1000 without going to auction. You can buy £500 pound without auction.
Looks likes the MMs have no stock, want a premium.
They are paying a premium for your shares.
Their not getting mine lol
We need some news to move this, no buying pressure at the moment and I'm thinking is it due to no stock and people wanting a price or are people waiting for the news. If we get some good news soon this is going to fly very quickly.

KPZ have an average of around...0.0106. so their in profit and may be tempted to offload their 20%.

20th, Monday the 22nd will be their first day of available selling. So if a large seller does turn up it is likely them.

My only concern about a large seller is KPZ, who will be able to sell 20% of their holding very soon. I wonder if they will or wait for an increase in SP.

CE I was about to mention gold price but you beat me to it. I think it's firmly heading towards the $1800 mark in the coming weeks.
Markets look to be in the start of a crash. We seem to have just come out of the dead cat bounce. I was weary of the dead cat bounce as seem before in market down turns. Tommorow could be a bad day for the markets.

Thanks Gixxer.

Website has a small update. Still no 3d modelling yet.
Had another look at MMP plant build and still impressed by the size of it. Can't wait for it to be up and running.

I was trying to find the 3D modeling images on the website but can't find them.
Anyone else been able to find them or have they not been uploaded yet?

Yes more drilling but I assume Colin has some sense and only drills what we can afford or wait till we can afford the exploration costs.

Yes JDAU they are what I was referring to.
I'm no expert but they look much better results than I've seen in any other report from memory.

The results at the end of the RNS look pretty amazing.

I am struggling to believe that Colin would aquire such a project with a large dilution if he was expecting to then further dilute us with a cash raise. If no more cash is spent on the explorations and we wait till the hard rock revenue is here, we should get away without a raise providing alluvials and gold price are stable.