Member Info for mcfcnige

“ Luke, is the reason you don’t hold 3% anymore because you sold or got diluted to oblivion. You know I can’t stand Scott Kaintz, can’t believe you still support him”

Always puzzles me why certain BODs take the lifestyle company with no return for shareholders route?
They only have a short shelf life performing like that before shareholders and there reputations blow up.

Surely if you build up a small company to a mid cap, you will be made for life and investors will follow all future ventures?

AA from Rockrose is the perfect example and his new company KIST is on the same path.

2023 is key for Corcel, the BOD need to step up and show AIM that they can build a company and create shareholder returns.

Hi Ed,
Thanks, yeah GM in a couple of weeks, hopefully done decent news before hand :-)

Looks like we have a seller?

Crikey Luke, big holding.
I really hope they can create some value here this year, we have all been very loyal and patient.

Hi Luke
Is 3% of the company?

Hi Ed,
I wonder how they will play this drill campaign in regards to news?
I remember Rockfire did a similar drill campaign on a copper prospect which had around 9 holes I think.
They released the news on each hole individually which gave the sp a decent boost as each hole was announced.
The share price more or less tripled from a low base after the 2nd and 3rd drill hole results were announced.

If Riversgold do something similar, it could have a big effect on the sp?

Good post Torr.
The drill will certainly give us some investor attention, which is what we need.
If we can clear the .50p area we should really get going

Thanks Ed,
Hopefully we will get news of drilling in the next few weeks.
Should be also getting news of the presentation soon to kick things off.
I would think they will look to arrange something after the Easter holidays?

Also although it sounds corny, they have paid £200000 in Corcel shares at.40p for the project.

Now imagine if it comes in, the share price would be many multiples of the .40p level?

Not an expert on mining in anyway but I think in project terms it’s quite small.

I would imagine there is a vast number of small projects that the big boys ignore, as they are only interested in the monster projects?

Maybe for a bigger company the return is minimal, for us however it would transform the market cap.

Will they release an RNS to stay drilling has started, or will they just crack on with it?

Strange after hours trade of 0.14p at 0.38 !!

Last minute trade, didn’t want to miss the next big RNS :-)

Sav.
You are not missing anything important, it’s just a review of current assets together with there valuation.

Read the report, all the usual stuff that we already know but the important bit says we are undervalued and fair value is currently 2p.
They will reassess when further assets are announced

I thought someone might have taken the trouble to cut and paste the interesting parts on it for us ? :-(

We haven’t been given much info on this yet.

How long do these things likely take?

Thanks for posting

think it’s because you have to register to access the report.

Any chance you could cut and paste the text?

Thanks Ed,

Hopefully the new listing alone will enhance our market cap as the company will own a big percentage of the new listing.
Exciting few months ahead

It will be interesting to see where we are with the JV, as it sounds like the market cap of the new company will be much higher on the Aussie listing than AIM currently value our assets at ?

Hi Ed,
Great post, thanks for the reply.
I can see now why SK was suggesting a market cap of several times where we currently are.