Member Info for LuckyLuciano

Tomorrow Friday, people sell.

No news flow for a month, and the excitement has ended.

At this price you are going to hold for years, in the hope that this will be next Greatland Resources....right, lol.

THE RAMPERS HAVE ALREADY LEFT, INCLUDING THE Directors of the company that bought at a fraction of today price.

If in profit sell and re-enter much lower, with the hope that grades and thickness/width will please. see you in September

Napthman1

if you think a share value can be affected by posting in a investor board, good luck with your investments.

Thank you jontfsi for the correction.

..always happy to be educated Jontfsi.

The sulphides contain 3.75g/t average grade.????

Please could you provide a link for the above, and apologies if I missed it.

More over last drill results didn't mentioned any grade, it talk about =====Zones of quartz-carbonate veining and sulphides of chalcopyrite and pyrite were observed from 520m, with increasing intensity towards ~570m. Variable intensity of brecciation has been observed over an interval of more than 130m from ~570m, to current depth of ~700m with drilling still continuing as of this release.=====

So, zones of brecciation of variable intensity, not so sure is going to be 130m and at which width and grade?

Moreover, that this breccia pipe contains gold is just an inference (most likely correct) but just a guess, till laboratory analyses comes out.

Please awaiting (The sulphides contain 3.75g/t average grade) info.

Many thanks

Jontfsi

Sorry you misread the post.

I know 0.5 gr can make a great deposit, what I mean with 20-30 gr/t is grade intersections not overall grade of reserves...

Anyhow I am not a geologist, just 30 years of reading exploration results and data from many hundreds of companies,

and inferring market cap valuations accordingly. You can be sure though,

(and please don't interpret a friendly advice with resentful feelings) .....that from the size of the dome and the dept

and by looking at grades from the link I saw (as there is no grade provided yet from recent drill)...you can be sure that Wishbone will need

20/30 Millions just to come up with a preliminary reserve interpretation of the deposit, in 2 years time.

Sorry I forgot, they are going to buy bitcoins. lol

Have finally found some info on grading for Red Setter

https://wishbonegold.com/wp-content/uploads/2024/09/WSBN-RNS-240917-New-3D-Modelling-at-Red-Setter-bw24.pdf

most likely news of historical previous drills.

In my opinion grading is ridiculous, for quartz veins of gold mineralization, most of them in the low grams and some even below 1 gram per ton.

When a propper gold deposit of quartz vein formation should have grades in the high teen and some even 20 and 30 grams/ton.

Then there is the complication of dept, hundreds of meter below surface. Who is going to finance such a expensive deposit to be mined and at such

irrelevant gold grade, not economical in my opinion. Last piece of advise if you are in profit thake you money and run.

And...no don't worry, I am not invested and I will never touch this share.

Look childrens I am going to add a bit more knowledge here, just to make you wonder.

Beside the info limited to 1 drill with no grade x tonnage.

but 500 puss meters down below surface????? Seriously???

Do you have any idea, when and if eventually a mineral resource/reserve will be extarblishe

how much this company has to excavate to get to the gold?

Sound like very uneconomical to me, where are they going to find finances for a project so uneconomical,

when there are plenty other deposits out there minable at surface?

My apologies if I missed the info but, does anyone know the grade per ton, (gr..../t) of the gold mineralization interception?

Can't believe this share has more than doubled with such a limited information, just one partial drill result info. Crazy

Indeed, I am no expert whatsoever so please take my words with a pinch of salt.

But the current mine pit boundaries where the 500k reserves exists, is as big as the new area down below which is currently been drilled

to the north and south.

Grades are very high, so imo is very possible that in due time and more exploration, they could double current reserves.

Cherry on the cake would be positives results from geomagnetic interpretations, which due to be released.

With lets say, 5/6 more years of mining Segilola, and resulting cash accumulation, is likely to make a transition to develop

Douta in Senegal with continuous production and no need for financing.

Moreover something to consider is what will happen to the mining infrastructures left at Segilola onec will cease to produce.

There is a great residual value over there, could they use it to developed a third mine like in Ivory Coast, 5 or 6 years down the line?

Yes agree, the move to the main market imo is the key.

But not for a technical issue of liquidating positions, but rather because it shows that the BoD

is completely incompetent in communicating with shareholders and they are thinking that a move to the main market

would attract more loyal shareholder crowd and set a base to sp.

Yust wild guessing from me here, but ...again, i find it strange that a company that increases rev and profit consistently

has a sp that declines as much consistently. Has to do with BoD been in a limbo not realising market sentiments and

how important is the way they present information to the crowd. Maybe the are naive or completely dumb, the fact is that

unfortunately the sp has hit my stop losses and I am out.

Shame because I do believe this company is well run by honest Directors, maybe too honest.

Its unbelievable how the market sometime can get it wrong.

Had a look at other peers like Seascape Asia, which recently reported a loss of more than £16 mil for H/1

and yet its sp is near all time high, more than doubling in the last 3 months.

The market these days is completely skewed on sentiments only. I mean Ashtead last reports need to be re-written

and I am sure today sp would be 50 % higher, considering that in the update they reported revenue increase of 23%

and Adjusted EBITA margin performance during the period been resilient, expected to be c.27.3% (H1 2024 pro forma: 26.1%), consistent with the Group's medium-term target of high 20%'s.

So the question is, why on why the BoD have been so bearish in the wording, when EBITA beats targets and also the operation are changing for higher margins profit and synergy. Too much honesty or completely unawareness of the market and dynamics?

Indeed the planned move to the main market, can bring a different investors crowds.....or will it?

Indeed, the strategy to buy 3 drill rigs is not to be underestimated, it shows acumen, confidence and flexibility.

Great mapping picture of Segilola mine pit on Thor website, under Projects/Segilola.

You can clearly see the potential of more gold mineralization coming especially from the Northern hanging wall,

where there are shallow depths of current reserves delineations.

Also lates drill at Segilola from 10th Jan new, talks about 1.8 metres ("m") grading 39.7, which dwarfs any other previous drill assay.

Downside is that with intensified and extended campaign, will they produce a complete revised resource/reserves by year end ?

Considering the new aeromagnetic exploration campaign at Segilola,

it looks like there will be a continuation of revised resources for years to come, which in my opinion could easily extend LOM by another 5 years.

Again, new interpretation of aeromagnetic will be the key.

It seems the management have realised what they need to do, to catapult the share price to new levels, well done.

Operations are on the dot, production is not declining and with 2 years+ of gold left on the ground, drilling campaign is intensifying.

They bought 3 new drills and extended drilling activities. This for me are the positives, huge positives that will translate hopefully

in more years of production from Segilola while other projects get developed.

For those looking to quantify a share price reaction on today results....good luck with that, imo consistency with production

is already a positive.

Some 4500/m drilling x quarter is a lot, but with 3 extra drill rigs results will come thick and fast.

Also I am excited by the aeromagnetic exploration campaign at Segilola, if there is more gold,

it will be almost a sure thing because lots of gold veins, are visible and at surface. It will be a confirmation of the geochemical gold veins already present in the licence.==================================

o Exploration activity included a drone aeromagnetic survey over the Company's existing and new tenure located to the south of the Segilola Mine. A total of 26 square kilometres ("km2") was covered during the Period and the data submitted to Southern Geoscience for processing and interpretations.======

26 Sq. Km. less the mined pit is huge, probably 20 Sq. Km. of unknown resources to explore.

Last but not lease, POG is set to rise, one way or another the Fed will lower rate and gold together with other assets will become ever more valuable.

DYOR

Big slide down today, sp at the bottom of a rising trend line, hopefully tomorrow and beyond for a rise to results day.

My interpretation of NPV or NAV starts from the last PE compared to mineable resources, which if I am correct

gives a trading price lower that the NAV.

Then sure we could account for Ivory Coast which could be huge and the already booked reserves in Senegal,

but as we all know their value is often overlooked by the market at least till PFS or best BFS is done.

There are good reasons for this especially with THX, till they can at least extend the LOM in Nigeria

which by the way, imo is one of the least risky African Countries for mining, in the sense that

compared to other fundamentalist Gov. is for start a Democracy and also a very wealthy Country under many aspects.

Back to THX, the catalyst will be ofcourse extending the mine life of Segilola, it could have been better don't pay dividends and accelerate exploration overthere, but maybe if the BoD is pursuing this policy is because they know something that we don't know.

Another point is why not give up listing in UK, considering the ridiculous volumes?

Agree that giving up NWC was a positive, this is how the market reacted and the market is alway right.

Remember also that at the time, because of Trump' tariff on copper, there was a premium on USA based wanna be miners.

Pure luck from CAML but never than less immagine being holding this now that the finally, the orange man and his media

circus, revealed that tariff where only on some copper finished goods.

Another positive, if that is to be , is the destiny of the USD.

We can surely say that rate rise are out of the question, but any cut could/would push up many metals and imo

copper is one of the prime candidates for it.

Awaiting for a push higher of 158 for a run to results which might be more encouraging than the last, who knows

maybe more positives on production and of course more cash in the bank.

Remember that this year CAML had lower capex and slightly better copper price to offset and lower led/zinc production

which account roughly for a quarter of cashflow.

What opportunity for the BoD, to get out of NWC and with revised lower copper price exploration miners,

go hunting for a new project, which could also be more profitable, considering that USA was not exactly a cheap place.

IMO CAML is at least 20p undervalued right now, without any further potential positive news development.

In charge of HBR, with all the money recycled by my financier friends, I would ask them to by today at the opening,

come on is only £3 million or less to shot the sp up 14%.

You need to ask yourself, where and when the increased production will come from, from a management that can only do merger and acquisitions.

Where is the know how. O yes, know how to sack workers, know how to borrow more money, what a fracking joke........

Donald! Please can you sell us more of your liquefied crap?

Are you listening to yourselves?

Is this the investment you was looking for? A share that make you "guess" what tomorrow or any other day will bring?

HBR is not a tiny exp oiler anymore and yet the anxiety and uncertainty never left this company, for one reason or another.

No doubt for those invested at 150p, this is not a bad investment for now, but you have to realise that oil companies are cursed,

because the price of oil is a complex political matter, add to that the dynamics of company management and taxation.

10%? No wonder HRB management is adamant to reassure investors that dividends are covered, but for how long.

Sorry to say this but just immagine the danger of lower dividend what would do to the sp? HBR is in a path with no coming back,

eventually they will need to borrow more to keep paying dividends, the sp drop is already a reflection to that.

Forget the divi trade the sp, and what tomorrow will bring.

Oil is doing what I thought, found first support at 67ish, that gone is 65 and lower. Add to that if indexes are going lower. USD will rise, another headwind for POO......

Spoke too soon oil down 2,5% following disappointing NFP, add to that US indexes seems to be topping, earning season kind of finished, the last big shot is NVIDIA a month away, not sure the market will wait for that......Tarif coming up next hence, sorry to say but I am out at a little loss.

Have to say a bit frustrated with the POO.

NFP out disappointing, dollar index loses 1% in a flash, gold goes higher even copper is higher today but oil is out of sync.

Goes to show that these days POO is very much news driven and politicised, probably it has ever been like that though.

O well, lower dollar if not rising POO will at least support this level ?!