Member Info for Lukeytukki

So when does the bleed end then? We've lost the 50p mark.

I understand the theory for the below, but in reality gold has been tanking since interest rates are on the rise. Money is probably going into bonds and higher interest rate savings accounts rather than gold atm. Unfortunately.

Thanks for the below, I get what you are saying and I understand the basic principles of different screening techniques, but this thread is treating it like we may have found something that is of a certain quality and quantity, whereas to my mind, going to the extent to have a screen fire assay, doesn't guarantee anything, yet, apart from that we have some anomalous data which may favour us in terms of quantity.

Just for my own knowledge here... Screen Fire Assays are used in the presence of coarse gold, but we aren't confirming that because of the presence of coarse gold, we have achieved a certain grade of gold but we do perhaps have a quantity of gold or we could just perhaps have an outliner in our results, and in reality, a 50gram approach will suffice going forwards?

I'd appreciate some wisdom on this..

Can't be saying the B word round here, you'll get people excited ahead of some average and entirely acceptable grades that will make a for a worthwhile business still.

Fancied a holiday, I hear Nevada has some great scenery.

Reckon someone knows something? I can't see any reason for this to have a sharp spike atm.

Apologise, naysaying*

So to summarise today...

We get an RNS saying one of our sites is a little duff (SAZ) and another saying we have a good operation going here (MJ), we have intercepted small amounts of gold and copper and a lot of higher grade silver.

We have a slight funding issue in the near term, but we also have a potential JV to alleviate this issue and accelerate this company into a promising state for investors, otherwise we may need a placing (not the end of the world at these levels lets face it). I'm still not sure why there is any sort of neigh saying.

Agreed, MJ sounds like a very promising play now, SAZ sounds like it may be going lower on the priority list. OMCO and Traf next.

I know we are saying the housing market hasn't peaked, but with the freedom of movement of people being removed, we will see less people moving to the UK surely, so maybe a natural consolidation in the housing market is to follow?

Well I think I'm out, unless something drops at 2pm today.

Just throwing it out there, but if this stock ends up heavily shorted, post it on Wallstreetbets, they love a good short squeeze opportunity.

So what date are you picking then Kew? Literally just a guessing game, nothing more.

No particular reason, just helps pass the time between RNS's, I think we did this about 2 years ago last time.

I think the next major RNS will drop....

22nd August 2022. - Lukeytukki

Aye me too, i'd expect a decent share price climb due to the de-risk that would come from option 1.

Just to clarify, Apro, these focus areas aren't mutually exclusive, GWMO should really be doing option 1 by as to help with funding operations. There is absolute tonnes of the stuff, enough to keep them going a while.

Casual update that has no real value but will somehow increase or decrease the share price.

it seems to have quite good support, it hasn't really drifted far south at all yet.