Member Info for mcadder

Major gold breakthrough at Rock House in virgin territory

· Best intercepts of 8.02 grams gold per tonne and 2.29 grams gold per tonne

· Continuation of OMCO vein identified at Olympic Gold east of faulted zone, as predicted

· Reportable gold intercepts returned west of the OMCO fault

Think your prediction of 0.10 Tom ain't happening

Tom if I remember right you were guessing along the same lines just over 12 months ago at a time when you admitted to selling out around 0.10 just before this shot up to over 0.20. I really hope you don't make a similar mistake again...

100% spot on chis

For anyone who is in....Great

For anyone not yet in....I suggest you hurry up.

News THIS WEEK. If you are lucky there maybe one last chance to get in here cheap tomorrow before the next big update IF we get nothing in the morning.

I share your frustration Kewben. From what I can see though the company have done everything they said they would. They've got on with the accelerated drilling programme, achieved the drilling ahead of schedule, under budget, got 2 members of the team out over in Nevada on the ground from the UK ( unthinkable 12 months ago )
and generally kept costs to a bare minimum plus raising necessary funding to see us through to next year. Exploration at the end of the day is a risky business but extremely rewarding for everyone concerned if they hit that sweet spot of which they have potential to hit at least one target. Don't forget the copper too which we already know we have - lots of and may even get to learn of a further upward estimate of copper from the drilling in April? JV to follow from that? Who knows? But the only thing I can see causing frustration right now are the labs, the sheer demand placed upon them and probably less staff physically at work right now. With the drilling done we await the next critical update of those results. If they're good the SP will take care of itself GLA for next week ;)))

The price of oil has dropped further again. Will be nice to see it stop dropping like it has done for the last few days

I'll give JW another couple of weeks to pull something out of the bag here once and for all otherwise I'll be pulling everything out that I have in here even if it is at a loss and put it into something that will actually make me a decent ROI.
It's clear to me that the N.I minister's do not want Islandmagee to happen otherwise we would have had at least some indication long ago if the green light was to be given. I fear that they are trying to allow as much time as possible to pass by in the hope that they may find more justification to say no (whether that be environmental, political or with the hope that they believe there may be less of a need for it as time goes by) who knows? I may be wrong but that is the sense I am getting here about what could be going on.
As for the shipbuilding side of things what a disappointment from a shareholder point of view this has been. JW mentioned at the last placing months ago that the company was on the verge of a transformational change! And so far the only transformational change to occur is the drop in SP from 54p to 32p upon announcement of the last placing and an almost 50% further drop to 17.50p. If another placing were to be announced at this stage for whatever reason I would not be looking forward to how low that placing price would be.
I've defended this company many times and held the faith as many others have done but for me if nothing improves in the next couple of weeks I'll be off and I won't be back no matter what.

Ok chis I'll let you have those cheap beauties haha

https://www.mining.com/web/visualizing-global-gold-production-by-country-in-2020

Visualizing global gold production by country in 2020
Visual Capitalist Elements | August 17, 2021 | 9:38 am Intelligence Gold

How Much Gold is Left to Mine?
"Gold derives part of its value from scarcity. So how much gold is left in the world?

According to the World Gold Council, the latest year-end estimate of underground gold reserves adds up to 50,000 tonnes. Of these, Australia and Russia collectively host around 35% or 17,500 tonnes.

At current production rates, these gold reserves will last less than 16 years. However, 2020 also saw $2.9 billion flow into gold exploration and development projects, which might one day add to the world’s gold reserves in the future."

Well didn't quite get my 10M I was hoping for after selling copl this morning but got another roughly 8.5M over 2 trades :))))

I imagine that 11M seller is regretting letting them go at 0.1577p!!!

Now don't buy too many peeps I want some for myself especially at this price ;))))))

Looks like I might get a decent buy in price for a big chunk after all. Just needs to hang around this price for next couple of days.....

Haha chis thanks for your honesty. Another 3 half decent size trades gone through now now don't get too carried away lol I might have to pay 0.20+ at this rate :((((

Just seen a 1.5M buy after that 3M sell. Now try not to get too carried away with those buys before weds I'm trying to get another 10-15M buy in by weds on the cheap nudge nudge wink wink ;))))

Nice gold recovery from the lows of $1,720ish now back up another 1% at $1,773

Firstly announcement of COPL's relisting the other day next Tues - great news! after months of being locked in while production increases week on week. Secondly todays announcement - brilliant news! Arthur is definitely going for it and who could blame him taking advantage given the position we are now in while CUDA are on their knees. If the roles were reversed wouldn't CUDA do the same? Course they would!!
I have been quite happy to watch this quietly from the sidelines over the last few months with a potential opening SP in my mind of perhaps around 1p realistically. But NOW I think all bets are off. Relisting price likely to be minimum 1.5p imo.

In a selfish way I hope the price stays where it is between now and next Weds as I'm hoping to pick up another 10-15 million by then. So sellers by all means sell away the cheaper the better for me ;))))

Imagine if they get a strike on the continuation of the gold vein east of the north/south fault?
Or a strike at Rock house ?? Bearing in mind we are looking at potentially shallow targets suitable for open pit mining along with high grades historically.
I think if either scenario were to occur the SP would look more like 2.175p than 0.175p....

Wow you really couldn't make it up just how brain dead some people are on here!

Great stuff where are all the C U Next Tuesday posters now hey??!!

Happy Days everyone....