Member Info for Major-Tom

David, today's RNS tells me there has been a valuation agreed. IMO, the BOD would not have entered into that corporate houskeeping unless they were sure of suitable offer.

I am fully loaded up on ARCM and can't wait to see the outcome of the negotiations. Very rarely do I get this excited about a share.

Considering buying in here. Holding a few copper plays at the moment but looking for more exposure. Bit more research to do.

Viable, out of interest which WA copper play did your colleague move to?

Took some more ROCK today. See the funding coming by way of JV.

If correct the shares I bought today will be worth a lot more this time next yead

Earache, what's your take on the warrants?

I do believe that M&A in the copper space is going to be very, very active over the next 12 months.

With the electric revolution copper demand is going to soar.

ARCM is my biggest copper play and I added more today. Don't know why this isn't flying. It seems so obvious to me that there is a big deal on the table which could be announced anytime.

Exclusivity agreement with Angol American, 9 of Anglos top 10 targets in Arc territory, Dave Wood, with his missing 25 MT Zambian copper thesis, overseeing the technical review, corporate due dilligence complete, Rothchild and Co hired as financial advisors and now Anglo raise $15bn.

I may be wrong but I don't think I've never seen such a gift horse in 20 years of trading.

GLA

I think this could be my biggest return yet

I reckon AA have made their offer and the board want Rothchild & Co to give a second opinion on the valurion. Fair value or not.

IMO, to call in Rothchild & Co must mean the offer is in the ball park the board had in mind. Maybe just a little shy.

Given that NVS talked about 10 to 20 bags when we were around £22m MCAP this could be big.

Taken some this morning

Never know where these SPACS can go but with the board connections to VELA and AAA, £3.1m cash in hand and £6m MCAP this looks full of promise

Shorn, I've posted a diagram on twitter, link below.

Shows historic drilling Vs current drill. Clearly shows that XTR have come at this from a completely different angle. Parden the pun.

This drill should define the depth. I would expect next drills will be at same angle as previous drills but stepped out along strike to define the thickness of newly identified mineralisation.

Not sure if it's any good to you

https://twitter.com/M***rading/status/1351810636242690049?s=19

If there is Gold in that Porphyry then it will go for multiples of that. The size of it, if there's Gold it really could be comparable to Cadia.

Sure if there's there's not and if the Copper grades are poor I might end up losing several thousand of paper profits. But if there is I will end up with pronably the biggest single return I've had in over 20 years investing.

I just get the feeling Colin suspects there Gold in those cores.

The thing that makes me feel so confident about this one is AAs buy back clause.

AA know the asset and although they sold it they must have known there may be something there or they would just have sold it without the buy back clause.

Another holding of mine ARCM developed a Coper play AA released and now they are back in talks to farm in / purchase them back. The assets are great but AA didn't insist on a buy back when they sold them. So that makes me think AA had really high hopes for this at some point.

I understand people taking profits. I should probably derisk myself. I've just got a good feeling about this. If I'm wrong I'm wrong. It's a chance I'm willing to take. This time

If they can confirm gold in the deposit all bets are off. XTR won't hold onto this for long. AA will have it off them in a flash.

For me it's not worth selling out for what I believe could be relatively small gain comlared to the relatively massive upside here.

We have confirmation that they have found over 900m mineralisation, which is predominantly Chalcopyrite, which occurs in most sulfide mineral deposits and has been the most important ore of copper for thousands of years.

I don't need to hear anymore.

MMs and traders can do what they like. I've decided I'm holding this is until this plays out either way. Opportunities like this don't come along very often and I'm not missing out this time.

Sold too soon with SOLG, then GGP. Not this time.

Still drilling, at 1047m, still encountering strong copper mineralisation

Just tried a dummy sell for £10k worth of stock and was quoted 7.41p

They want your shares to all on at a profit. As simple as that.

Panicking people into selling so they have volume to feed into rush post RNS update. Hopefully confirming over 1000m mineralisation

I can't see how this do anything but finish blue today.

Keep the faith

Look this was always going to dip this morning MMs need shares to take it higher no different from swing yesterday from +110% to +70%

Same swing as if it goes -40% this morning. However the -40% will reap them more reward interns of along out holders.

20% of the companies shares changed hands yesterday. Nothing to worry about. The drill is still turning and they are still proving up a potential monster coper / gold deposit

Keep the faith

MT

Only you can make that decision Jim.

I'm holding strong. This is only the first of at least 3 drill holes. It is continuing to find mineralisation at 975m. So far confirmed 865m of mineralisation and still going. Even after this drill we have already another to go.

This has the potential to be a monster of a Tier 1 Copper / Gold deposit. If it turn out so, IMO, with MCAP at only £40m theres a long way to go and I don't want to miss out on it

Agree lucky. £200m starting point for a Tier 1 Copper prophy. However if their is gold in their multiples of that.

If the depth and grades from this first hole compare favourably to Cadia, which has 36Moz of Gold and 7.5Mt of Copper, this could be the biggest profit on Aim for a long, long time.

GLA

JDAU, what is happening is we are seeing Xtract prove up a monster Porphyry Copper / Gold deposit right before our eyes.

Looks like we have proven a monster properhy Copper deposit. If there is Gold in there too this may be the biggest return seen on aim for a long, long time

Well done all holders