Member Info for luckyorange

They work 7 on the turn of the drill don't they Aquae?

https://twitter.com/RoastPR/status/1471439902642483201 This has been picked for one of our top 12 stocks for 2022
@ContangoPlc
#CGO podcast to come!

DMS IS the needle Orion, , they haven't blindfolded themselves and stuck one in the map .

Paul Johnson will have been salivating , shame he got it wrong with ecr in the past ;)

Beating a path to ECR`s door morelike!

It's a possibility bottmzup , made me smile. Important that they can build a rapport with the current team , or already have one maybe .

Anyone buy that 40% dip ? ;-)

It will when they have finished flipping , that's how they roll!

I assume it's those damned IPO flippers trading on borrowed money , pain in the proverbial as they will forward sell the warrants when the time comes although not a big concern when the time comes annoying all the same.

I'm more interested in the Bailieston ones at present , they are going in there hot, let's see.
Should see a correction RNS today , spot the mistake.
I think it was cash who covered the drilling rigs thing , something that Trevor et al were starting up before click on international mining supplies and services and you will see https://find-and-update.company-information.service.gov.uk/officers/9JZUHOre5Fz5r5Fhuftj1hNHbuo/appointments as mentioned by someone else it is probably an add on to bring some extra cash into the company but not a game changer.

EL007537 for Mercator, Balmaine Gold Pty Ltd, Mercator Gold Australia Pty Ltd, and Loddon Gold Pty Ltd have put in competing applications the same day as RRAL for the ground covered by EL007540. The application considered to have greatest merit will eventually be given priority.

Covers outer Ballarat itself https://app.powerbi.com/view?r=eyJrIjoiMzY3Y2E0MjAtMmRkMS00ZTFkLTlkN2MtNjQ3OGQ5ZWRlNzlkIiwidCI6IjcyMmVhMGJlLTNlMWMtNGIxMS1hZDZmLTk0MDFkNjg1NmUyNCJ9

Had a quick look to see what they are up to , looks like Shen Yao are getting it wrong https://www.afr.com/companies/mining/ballarat-mine-breaches-took-the-slow-boat-to-singapore-20210923-p58uau
Altus have bought a royalty interest in it but big boy eyes will be on the area (I suspect) Ballarat Gold Mine (Australia): 2.5% NSR

Located in Victoria, Australia, Ballarat is an underground gold mine operated by Shen Yao Holdings, a Singapore-listed public company. The mine has a historical production rate of approximately 40,000 oz pa[2] and a proven record of resource replacement. The mine has produced over 300,000 oz at an average grade of 5.7 g/t since operation re-commenced in 2011 and has an estimated mine life of 13 years remaining based on the current resource and Altus assumptions.
The mine is estimated to have resources of 2.9 Mt of indicated resources at a grade of 6.0 g/t totalling (558,000 oz of gold) and 1.5 Mt of inferred resources at a grade of 5.7 g/t (275,000 oz of gold).[3 https://www.afr.com/companies/mining/ballarat-mine-breaches-took-the-slow-boat-to-singapore-20210923-p58uau

It is good news (which we already knew thanks to AG spotting it lol) .

Geologists will be gagging to get on to 6907 "This tenement is host to the continued strike of the Dimocks Main Shale (“DMS”) horizon, believed to host the source veining for much of the alluvial gold within the Creswick deep lead alluvial system."

6907 , 6713 and 6184 as a combined unit covers a fair chunk of the Dimmocks main shale , with 6184 renewed and 6713 granted then that covers quite an expanse from their property right down to Ballarat periphery and gives them 5 years clear to drill and mine the DMS .
Factor in the Queensland licences they will have a fair old lump of ground to go at in pursuit of the gold , let's wait and see what the news brings that David spoke about

"The initial results for drill holes BH3DD010 and BH3DD011 are due shortly. Samples from these two holes are currently being processed at the laboratory, and we expect to deliver regular drilling updates in the run up to the Christmas period. While these results are still early in the campaign, the identification of the Maori anticline and its association with high-grade gold mineralisation will now be the main focus for the next drilling campaign."

At the risk of boring you all again the comment made on twitter prior to sending 10 and 11 off for assaying was
" " Gold assay are pending for these drillholes (BH3DD010 and BH3DD011) and whilst the XRF results can not be relied upon, we are anticipating good results.""
Fingers crossed that will hold good to give shareholders a short term boost and a long term target!

I think you started one thread then jumped to another there Coops bit of a crossover and probably not intended for you ;).
You said Map aha ! https://earthresources.vic.gov.au/licensing-approvals/location-of-licences/licences-near-me#lat=-37.47559478506262&lng=144.01115351739375
6713 fills in the gap at Creswick although 6184 runs out on the 28th it should have been renewed , so expect to see news on that shortly .
On the map you can play with it by clicking on the licence no.s to see who owns what and what the current state of play is .

I expect it is Paul following his morals and dumping his shares today if what he said was true ?

The nomad should have stepped in with that one max , it is another one that if it bothers anyone a lot then a quick phone call to them would elicit a response but sometimes it is better to wait as there may be more to add... it's a possibility.

A guess (and just a guess) , for the amount of money that Colin has committed he will have regular contact with the company , have you ever spoken to them Bitcoin .... just askin'.
I dunno what is going on with Creswick and whether they have found more shoots but it looks to me as if Bailieston is really positive .

Lack of communication Naylor ? Hasn't been two weeks since their last to be fair !

You are sounding a bit more positive steven, hopefully the next 12 months will be a transformation for CGO , also hopefully (should be) any extra cash then need will be through loans/offtakes / partners in the gold production . As always my confidence remains in the founders wanting to do everything at minimal cost and dilution whilst progressing the projects as quickly as if they weren't .
I don't know when but I don't think a 10 bagger is possible here once they start to deliver on the projects.

I'm going to add
Resource at Bailieston
New drill arrives and begins on Brewing Lane property with decline preparations.
Other licences to be confirmed .
Bottoming out on weekly and monthly timeframes , need that persistent seller to eff off .

Andrew knows https://twitter.com/KinesisMonetary/status/1469397789180370948 well worth a listen as he explains everything clearly