Member Info for MisterPositive

High volume on both ASX and Chi-X

Something going on

May be GST signed up one of the big hitting Banking giants in the Far East ?

Or

Sovereign Wealth Fund ?

We know they have been working aggressively in the background over past 2 months, and since setting up the SINGAPORE fintech hub.

Mon / Tue RNS may be ?

Keep everyone on their toes !!!

At one point on Friday, I thought it might close above 2.50

IAMGOLD had planned 5000m RC drilling and 1000m Diamond drilling.

If they can Double the drill programme in Year 4
to 10,000m RC and 2000m Diamond drilling, that would be awesome.

IAMGOLD - year 4 work programme with busy Q2.

They now got confirmation of Gold anomaly across the entire 6km strike from AC samples from FARE NORTH. South they already knew the historic high grades and depth from past RC and Diamond drilling.

We know the 6km strike length. Now we could start getting an idea of the "width" of FARE overall. IAMGOLD in year 3 focused on Northern most part of FARE.

"The results reported today have reaffirmed the overall orientation of the mineralisation and the tenor of the anomalism previously defined along the strike length, which remains open to the northeast and southwest".

If my geography is correct, northeast trends towards the Mali side of the SMSZ border where we got almost 45Moz worth of Gold discoveries already. Senegal side is just picking up steam with Chesser Resources recent repeated High grades reporting. Chesser cracked the nut in Senegal first which also led to Barrick /IAMGOLD ...who been sitting idle on their west side deposit for long time and aggressively drilling ahead making Gold discovery at "GEFA" prospect (Bambadji).

All in all FARE is looking very strong.

https://www.share-talk.com/tag/mick-billing/#gs.w3ec19

https://stockhead.com.au/resources/major-gold-discoveries-by-chesser-barrick-and-iamgold-just-the-start-for-this-emerging-exploration-hotspot/

Good reminder and background...

https://www.britishbulls.com/SignalPage.aspx?lang=en&Ticker=THR.L

This is a major bullish reversal pattern, which is even more significant than a regular Bullish Harami.

Don't get me wrong I still look at charts. But that is not the only factor I use to decide when to Buy

Hypermarlin
If you read previous RNS...you should get your answer.

B2B
I was replying to Hoopy 0.425 ???

on AIM people don't just rely on charts alone before buying in. I bought some coz I thought its dropped far enough and risk/reward looked very attractive.

News flow...RNS etc is the main driver. What are the price moving catalysts ahead etc etc.

Kutzz
Agree. AC (air core) drilling was just to confirm gold anomalism across the entire 6km strike from North to South doing only 10 metres samples from surface to confirm whats beneath....which they now confirmed....there is Gold there. Grades vary, but open to East and West. So it could end up a bigger deposit. Will have to wait to find out.

Next steps are the important ones:
1) RC drilling
2) Diamond drilling

IAMGOLD are the ones who messed up not Tim. Sure lesson learnt, he will be more involved keeping closer eye on the ground operations at Fare. IAMGOLD have acknowledged their shortfall and willing to make up difference in year 4. We need IAMGOLD and they need Fare. So that ORR can go after Cameroon aggressively.

Fare has 3 sub-prospects:
1) Fare North
2) Fare South
3) Fare Far South

"FAR SOUTH" is where they found those juicy high grades and depth metres from historic RC and Diamond drilling.

Now that Gold anomalism has been confirmed across the whole strike, next set of RC and Diamond drilling at both Fare North & South could be very rewarding, hoping to replicate similar grades and depths like "Far South" high grades.

Market is forward looking & re-rates on what comes next, not past. Already slammed it down circa 50% from 1.40

Q2 should put things back on track after this temporary set back. Coining phrase from another poster here..."Storms pass"...

Sun will shine again...could be hot few months.
GLA and stay blessed.

Hoop
Sorry mate. Don't see that happening.

AIM is driven by news, which brings in momentum

Dyl
Awesome. Thanks for sharing :-)

Unfortunately market Overshoots on both upside and downside. Yesterday was prime example. I think next week it should stabilise over 1p around 1.10 - 1.15 range, more or less where it was in Jan when I first bought here. We just had a round fishing trip in Q1.

Q2 should look strong and very different to Q1 as they get busy at both "Fare" and Cameroon - Bibemi & New licences in Central Cameroon.

Bibemi will lead the charge in Q2 along with work also starting in coming week on the "New" 5 central Cameroon licences.

Proper Re-rate not even started yet.

Kuttz
You nailed it perfectly.

Think many might have just hit the sell button as there were so many de-rampers in the morning out of nowhere, to run the price down and spooking quite a few.

Yes. Agree. Small free float here should do wonders when it gets going. Just seen few Trailers....Lol.

Movie not started yet.

That is why one has to stay long here at all times. Just don't know when next RNS pops up.

If I remember correctly, he just used the 'Contact us' feature on ORR website.

Andecc
I was referring to when EUA came out of suspension and had the amazing run.

No point selling when already at lows. I could have sold around 1.80 also but that is not my exit price target....not even close. Happy to see this get through this little time window. Traders obviously can hardly for more than 5 mins.....lol.

GGP, EUA, SOLG, etc.....all went through same motions, may be worse. They matured over time.