Member Info for Mambamentality

“All you needed was one little match to start that whole fire.” That quote from Michael Jordan in the final moments of the Documentary “The Last Dance”may be relevant here. I believe the next set of results are going to be that little match that starts a huge fire here.

Selling a share because one got bored of waiting for results is not a good idea, specially when it is not company's fault and results are imminent. Selling a share because the market did not react as favourably as one was expecting is not a good idea, if you know the potential of your investment. Anyone who invested early in GGP will know that. Our patience will be rewarded. Imminent drilling results to be followed by:

Drilling underway – Three rigs - could be increased as per the last RNS
8,000 - 10,000m of drilling which could be increased.
• Possibly move APTA to resource.
• Geophysics should have commenced by now.
• Convert applications to granted tenements
• Extensive regional and detailed geochemical surveys
• Agnico/Newmont may assume control of project at any time
• Keep drilling and adding ounces. At some point we should start drilling at Charrascala where Gold Mineralisation was confirmed back in 2018.
HIGHLIGHTS

Orosur successfully drilled 5 scout diamond drill holes totalling 3,045m at Charrascala, one of the four untested targets of Anzá;
The presence of gold in the system has been confirmed within an attractive geological setting for the mineralization to occur;
The presence of strong gold anomalies has been detected at Charrascala along an 800m north-south corridor, including intersects of 3.43 g/t Au and 30.60 g/t Ag over 1.5m and 2.62 g/t Au and 14.30 g/t Ag over 0.90m;
Arsenic has been validated as a good gold pathfinder at Charrascala;
Current drilling has identified an important exploration target in the south of Charrascala; which will be the priority for follow up drilling;

Drilling at Guaimarala (Best geochemistry)– it is also planned early in 2021.

New projects could be acquired.

HOLD

Impossible to buy this morning which is estrange if there has been so much selling. It is a good entry point in the short term and a fantastic entry point in the medium to long term.

Bamps21. I know the company very well. I do understand that it is too early to disregard Scallywag as a duster. I Also, agree that the next results are likely to be similar to the first 3 holes, that is why I am waiting to see the results and how the market reacts before buying back. Thanks

RUPRAH. Why do you say "Given Scally results and Hav MRE / Juri updates some time away Resigned myself to waiting".

Initial scallywag results were reported on 20 January 2021. If they took another 4 weeks to submit samples from the other 4 holes, should not we waiting to receive results by the end of this month?

I am waiting for those results before re-investing.

Here are some of the best countries on the planet to mine bitcoin.

Canada
Iceland
Russia
Georgia
Norway. ...
Finland. ...
Sweden. ...
Latvia

I think the previous poster was spot on about Canada. UK and America not the best choice to mine to be honest.

Broker sees huge upside in Kavango Resources with major Botswana discovery on the cards.

The copper and nickel explorer could hit 5.2p in short order, the broker said.
Analyst Jason Robertson said the copper and nickel explorer also has “a medium to high probability of making a major exploration discovery within the next 18 months.”
“Investors may be wise to position themselves in the stock ahead of any potential landmark discoveries being made in the coming year as the Group ramps up its exploration activities,” the analyst added.

Previous work has confirmed important similarities between the KSZ and other major global metal sulphide deposits, including Norilsk and Voisey’s Bay in Canada.

The broker note also focuses on Kavango’s management team, which it says has a successful track record in minerals discovery and realising value from exploration projects.

Director Mike Moles “added significant value to several early-stage assets, including a Mozambique coal project that was sold to Riversdale, and then subsequently acquired by Rio Tinto for a sizeable US$4bn,” the note mentions.

“Given the management’s experience in adding considerable value to resource projects in previous ventures, and high likelihood of finding similar world class deposits to those nearby and currently controlled by Cupric Canyon and Sandfire in the Kalahari Copper Belt,“ investors should watch Kavango Resources for an entry point in early 2021, Robertson concluded.

https://miningmaven.com/company-news/63-kavango-resources

Nickel, The Battery Metal Running On Super-Charged Demand

It doesn’t garner as many headlines as copper, but nickel is the only base metal running almost neck-in-neck with the former in a near unbroken rally since April last year.

https://www.investing.com/analysis/nickel-the-battery-metal-running-on-supercharged-demand-200559447

This is looking pretty good. Now it has broken the other resistance at 3.30 so we could see 3.70 after that. Some good news and we could be looking at the price target of 5p. RSI is also moving north nicely.

Barchat gives a rating of Strongbuy
Tradingview: Strongbuy

https://uk.tradingview.com/symbols/LSE-KAV/

Good to see that the CEO, Michael Foster, who is very well regarded within the industry with relevant experience in Botswana.

As Bitcoin Hits Record High, Experts Say Others Will Follow Tesla's Bitcoin Bet

HODL

Investing . com - article

https://www.investing.com/news/cryptocurrency-news/as-bitcoin-hits-record-high-experts-say-others-will-follow-teslas-bitcoin-bet-2412646

Zak Mir says that it broke a line of resistance at 3p and a close at 3p should be enough to give a targe price at 5p by the end of next month.

https://www.share-talk.com/share-talk-bulletin-board-heroes-monday-8th-february-2021/#gs.seq2f3

Share talk - Zak Mir says that closing above 3p should be enough to take the share price as high as 5p. Timeframe by the end of the month.

https://www.share-talk.com/share-talk-bulletin-board-heroes-monday-8th-february-2021/#gs.seo4be

I never thought I would buy this share specially at this prices, as I trade cryptocurrencies directly, but if a twitter from Elon Musk can cause a 500-1000% price rise in Dogecoin the actual buying of Bitcoin is quite a thing which we should see in the next couple of weeks. People HODL. This is not the time to sell.

Allen Green is pretty bullish about the stock . Insiders have a lot of skin in the game and more importantly they have identified pretty good prospects.
Although a speculative buy most of the metal stocks are speculative until drilling confirms a resource. Plenty of news to follow. I am in.

easyp. That is because SOLG is trying to do everything on their own (No JV agreements) which by now seems to be pretty clear is not the way. Our JV partners are paying for the exploration and providing their expertise. Thus, the only thing to do now is to be patient and buy on dips. As I said in my previous post I expect results from holes 2 and 3 this week.

Unable to buy in HL. Webbs at least 5 holes have been completed. It is outside the companies' power the delays in the Peruvian Lab. If someone cannot wait for what we know are most likely to be good news then I am sure the one who is going to lose is the one who sells. The difference in price with Toronto is now about 15%. I wonder who is correct LSE or TSE. Well I know it is TSE of course.

0.50 +0.03 +6.38%

Toronto seems to see the potential too. At 0.50 CAD> +6.38%

I was watching the webinar and I found interesting to see that according to Brad George if we continue to get similar results to hole 072 at wide spacing (100 metres - which we are already doing), we are potentially adding a million tones at 100,000 ounces per hole (not sure if heard that correctly). He says, It would be a very quick project to build the tones up.

One of the holes just completed, MAP-075, has been drilled some 90m downdip of the announced MAP-072 and has visually intersected over 100m of the target breccia zone. Brad says that hole 075 has intersected breccia packages of similar thickness to hole 0.72. He also says that we see a reasonable good correlation and continuity from hole to hole; which seems to suggest that results for holes 073, 074 and 075 should be similar to hole 072 (this is what we want and ideally better results). The continuity and correlation are positive and provide the team sufficient confidence to ramp up our drilling efforts, from 2,400m to 8,000 - 10,000 metres and add a third rig, in order to move APTA forward as quickly as possible

Turner Pope's wrote on 12 January 2021. "To date, three holes have been completed and the rigs are currently well advanced on the 4th and 5th holes". Thus, one would assume that if the samples for holes 2 and 3 had been submitted by 12 January 2021, we should receive those results by 16 February (5 Weeks)but most likely next week in my opinion.

Another top-up for me.

Could anyone elaborate as to why the share price is not recovering given that it is closed to the placing price and one would expect a sharp recovery. I can see that next Monday the new shares will be admitted to trading and I guess a lot of new shares are being sold in advance so the recovery may not be as fast from here. I am a potential investor.

As 31 March 2020 As of DEC 2020
Newmont 18.23% 15.61
Interactive Investors 7.57% 8.44
HL 6.54 18.47
Loyster 6.24 -
Barclays 5.48% 5.66
Carlos Perez 5.34
Private investors USA 5.07
Continental investment 4.70
Lloyds 3.91
Halifax 4.72

Big increase in holding by Hargreaves Lansdown. Loyster is gone which I believe is fantastic news. And Carlos is a new shareholder.

Rocket57. As a potential investor who just watched the interview I can confirm that was my view.