Member Info for LuckyLuciano

I have been watching tones of videos on gold price prediction and for that matter also silver price.

Have to say some of them are a bit of a joke out of wishful fantasy, quite detached from reality.

But the very fact that these videos are ever more posted and supported by main stream media,

is a very good sign for gold price. They say there is no smoke without fire.

The only question mark for me remained on a possible down turn of gold stock shares together with a correction of the main market (US market).

After a little home work I have realised that this correction happened only during Covid-19 and for a very good reason.

At any other times of meaningful market correction , 2000 and 2008/9, gold share prices increased dramatically, but during 2020 Covis-19

the sentiments and market dynamics where quite different.

Is all to do with sentiments and perceptions.....The correction of 2020 was borne out of panic and uncertainty, it was not fear nor greed, but total

new territory and unknown, no metrics no precedents, no counter trade or edging...just unknown.

Hence even gold and gold stocks had a correction together with almost all other sectors.

I say almost all sectors because there was only one sector in 2020 that did very well, and I was very luck to exploit that opportunity.

But in any other market correction based on economics and the Dollar, inflation and all that, Gold always come out the winner

including gold stocks..

Today I was monitoring the difference of price increase between gold producing shares and gold exploration shares, and I note that

they all go up, with recent new gold price record high.

More to come from POG in the next weeks and moths.....

Lesh8 I had a look at ECR Mineral, at this confirms how cheap is Mila compared to other explorers....

At similar valuation, ECR is prospecting and carrying compression drilling to establish a tonnage of 46000 ore/gold contained.

Awaiting laboratory tests which will be most likely very good, but in the end this will prove 3k OZ of gold.

They are testing 3 meters deep, probably because they don't have the cash for a proppe drilling campaign, not sure...

Mila has the potential for 2 million OZ resources, and has been drilling for few years now, propper RC drilling to be used for JORC compiling resource.

Probably Mila has spent more cash in exploration than its market capital valuation, without considering the gold they found to date.

Crazy. But we all know that at these levels sp moves out of sentiments, hence awaiting drill results coming from phase 2 exploration, in the coming months.

....after a bit of research and joining the dots, I think I can answer my question.

GUN have recently sold shares in 1911 Gold Corporation, imo to get cash ready for drilling program in Barb gold project.

For me this will be the massive catalyst that will move the sp multiples of today price.

Just immagine what positive drill result would do to a £1.5 million market cap company sp.

There are many other moving parts with GUN operation but imo, next few months, with drill results and

possibly even before that with announcements that the company is getting ready, and has awarded contract for drilling the license,

the sp will start to move north and for a decent base o support.

Are we getting the Barber project from Critical Discoveries?

Are we going to drill it?

Any other news flow?

Gunsynd have recently sold shares of 1911 Gold Corporation

(TSXV:AUMB), and should have quite a bit of cash available. What is going to move the sp, news wise?

Just bought some, after a limited research.

Only the shares this company hold in 1911 Gold Corp (AUMB), are worth some £4 millions (they have 1.8 million of those)

Then there are all the assets.......

The Bard Glod Project will be explored by, Critical Discoveries (I think is a private company) drilling starts in October...newsflo coming.

https://criticaldiscoveries.ca/projects-1#0cfd4d56-cb1d-49e1-a0ed-fd2fd930fa47

With Riversgold now owning 80% of Northern Zone Project, and Oracle the remaining 20%

surely if one is in Oracle for the gold play is making a massive mistake.

I am not talking about valuation, they both have similar market cap and.....valuation for these minow exploration

is a very hard thing to do. Prices at these levels and for this kind of operation (explorer and project wannabe..)

move more on sentiments than anything else.

Hence if one is here for the gold project, I wonder, why risking to have the share price affected by many other moving parts

which could go wrong? Why the extra risk, if the investment is about gold?

Don't get me wrong, potentially Oracle seems a huge opportunity, although so may projects for such a little market cap company

huuummm, is any of the going to happen? Even one been successful would be a company making event, and I can see why people invests here.

Good luck time will tell. But if you are interested in gold discoveries and all that, imo you should be on Riversgold not here.

...another interesting Au explorer is Riversgold, have some of them too.

Dirty cheap, but albeit they need cash....

Not even £6mil market cap.

Drilling in Australia, safest jurisdiction in the world.

Phase 2 at Yarrol will catapult the sp.

Historical drilling confirm the potential for extension fro 2km, to how knows? 20 Km?

I am speculating for a gold belt of 500m by 4 Km and 100m dept at 0.3g/t.

For 2.7 Moz resources.

It has already gone past, at 0.521

Hopefully I am looking for yesterday high to become support, for next leg up.

On share price, as soon as some seller from yesterday are out, this will fly........imo, DYOR

Investordave well put it.

The investor world is a crazy world.....

Whisbone Gold with just one drill hole and a lot of inference and assumptions, no grades, no width....still awaiting laboratory assay and the sp skyrockets.....Madness.

As I posted on that board, in the end the market is always right, it might take a little time, but value and fundamental allways come home.

I can see tomorrow Whisbone sp dropping like a stone and if there is any competent wise investor, transferring the cash to this opportunity

which as you said has concrete results, more news flow to come including a MRE, and lots more potential, with the gold deposit at Mbe license been open in any direction and at dept.

Camerun is an new territory quite unexplored for gold, there could be great potential at some of the cheapest gold production costs in the world.

DYOR

Gold price is up, with rate cuts and gold going past $3500, this rise hasn't finished yet.

If it does anything close to Wishbone Gold sp, expecting to go past 1p in the next few days.

They already said that given the extension of positive drill essay result byond the defied exploration target , and

still open in any direction and at dept, doubling the current estimate Jorc resources.

o Undervalued based on published contained gold Resources

o 23% increase in JORC Resources contained gold since 2024 and delivery of global

Exploration Target ounces of between 1,335,000 to 2,420,000oz contained gold

o Significant further upside for new gold Resources at Mbe in 2025 and 2026

More drill essay to come and then MRE, for Mbe project. This is past 1 million OZ reserve, with much more potential....

Is all down to time frame. This will more than double, before further news....

If they estimated an exploration target at 815 – 1,335k total OZ of contained gold

with drilling holes returning gold outside the exp. zone and rock sampling also some 150m outside the area,

this could easily double estimate resources.

More over they never targeted dept with is open at...

Genuine question. 80% of Northern Zone Project, market cap. some £3.5 mil.

Many other projects n portfolio.....

Brooooo Laboratory test results in more than a month time....

What is news exiting new? Ho yes, hey guys we are going to move the drill to next location and sorry,

we should have contracted a company with more drill pipes in inventories. Amators completelly

NOT Gretland Resources Management.

If you think that by posting more and faster nonsense, will make the share price go up, you are deluded.

In the end the market is always right, and fundamentals will come true.

Last post from me because have better thing to do.

£27 millions for an incomplete drill hole and lost of inferences.

Billion shares issued, and need to issue shares to finance just 2 drills.

The real exp.miners have oversubscribed financing and cash queing to bring projects forward.

Finally, a BoD not focus, for example, why running out of drill pipes what they knew the potential could be at 1300m?

Unprofessional amators, thinking about bitcoins.......lol

This is going nowhere. Goor for trading though.

Good bye....for now.

Haaa shut up. News where sold today the excitement is over bro.

Fundamental been, this is one drill pony trick and with not grade and width.....

Needs £50 millions just to start properly drill the license, in the next 2-3 years

Billions of shares issued already and talk of crypto currency....what a joke

the directors have sold already.