All,
One item to note regards to Newmount and Zijin,
Newmount paid Goldcrop $10Bill. in Jan 2019, whereas Zijin paid $1.4Bill. in Dec. 2019,
From a corporate risk point of view, I would say Newmount did their analysis and wanted a return on their initial investment plus reducing there exposure within Colombia. More strategic than not being interested in Colombia.
I must admit, this board is absolutely dead! How come no-one is talking about the potential for 2+Million Oz Au at APTA, and surrounded by three similar targets.... not forgetting the potential for Porphyry discoveries at La Cejita!!!
This whole area could we many 10s of Millions Oz Au.
Let get talking about the Geology/ previous results!
Good luck all,
McGoo.
Absolutely not the time to sell!
This sp can re-rate on announcement of a drill. campaign,
Easily double figures and onto a mc of £50 Mill.
If a porphyry is located north, then this is another Solgold!
Easily £100 Mill. + MC,
Work that one out,
Stay quiet and buy more,
Regards,
McGoo
How the F**k will this company go bust!
Newmount are footing the bill!
Total bull**** !!! Usual manipulation crap!
The area contains approx. 500k oz au on minimum drilling and is yet to sink the drill in main targets.
All the best all,
If this goes back to 2p i’m Going all in!
Good luck all,
x
shellymarie1985,
I was just throwing it out there! Not making any statement, when you've been investing in AIM stocks for ten yrs, you tend to worry about dilution, as it can come out of nowhere. I cannot see it here.
OMI are getting there payments from Newmount!
I can see this company being another Mariana Resources.
MARL ended up with almost £80 mill. MC on a 500k oz au eq find in Argentina back in 2010... there is 500k oz au in the ground in Colombia with minimum amount of drilling.
Once the further exploration drilling commences, this will easily rise to a £10-£15 mill. MC.
Just need the shares in issue to stay around 150 million over the next 18 Months and we'll all be happy.
Good luck all,
Regards,
McG
Just hope this isn't a fund raise!!!
Close up of the chart is revealing a potential cup and handle... Potential for a major break-out.
Remember previous drilling has identified a min. 500k oz au.
Very cheap! Really struggled to get some last week something is going on with this share.
Regards,
Excellent RNS all, What is the current cash position before I sell my house and go all in? Regards, McG
These companies have the image of a responsible miner, but it’s nothing more than a smoke screen for a certain person living off PIs through false promise, share dilution.... these two companies RRR/ RGM are nothing more than a legal entity for the rip off of the normal working man, so one can fly around the world being seen to make deals. Just look at the share dilution from 2008 and then the restructuring of the shares (10-1 or whatever) and now back down to decimal point pence sp. Complete erosion of good peoples investments/ monies. Total shame. I want both to be successful companies, I really do, i’ve been following them for ten yrs now and NOTHING has been developed. Oh wait, there was that Four Points Mine thing. Regards,
Hello all, Seems the sp is in free fall! Excellent prospects! Can anyone advise on the near term risks with regards to the financing deal due to be completed Q2? Is there going to be much dilution? Really believe they have something exciting here, GLA, Regards, McG
Just a healthy pull back over the lunch period and then back to a push up towards 8p, Good luck all, McG