Member Info for MisterPositive

I think it's just new traders taking profits while we wait for news and trying to make a fast buck on other stocks. Happens all the time on other shares also especially AIM stocks.

In my opinion those Billionaires getting in PET know they can get their hands on Tano2A Block by Buyong out both PET and CLON outright soon after cabinet approval clears things up.

Probably on the cheap as well before price runs away...

All should be revealed soon....leak or no leak.

Amadan,

Lot of cabinets have summer recess. I would expect Business as usual resuming from next week onwards.

Things are generally slow in Africa...

Excellent post...Bridges

in my opinion is most likely to pounce on Clon once ratification comes through from Ghana Govt.

Easiest, quickest and cheapest way would be simply 'Buy Out' clon while still on the cheap.!!!!!

Exciting times ahead.

Massive upside from current depressed price.

Newmont and OMI most likely would drill that area to the north of APTA which had a continuous 450 metre strike.

They updating the geological model and probably deciding on drill holes locations etc. Newmont won't wait for Uruguay news confirmation which to me seems mere formality. Loryser Creditors already on board and happy taking OMI shares in lieu coz they know they would make Multiples from holding OMI shares.

Good luck all. Should see fireworks soon...that would catch few sellers out with their pants down....lol

Soon after news i expect this to go straight to 10p in just few days.

Value of in ground Gold ounces at Anza going up with Gold to hit $1600 an oz soon.

Value here is building in the meantime, just waiting for news....that would unlock value here in a flash. Patience is tough indeed.

Time to accumulate now as you won't be able to buy any decent Qty after RNS drops.

From 9 July RNS...

"The Company has already relogged 2,400 metres of the drill core from an area north of APTA. This is the area where a new broad zone of gold mineralization covering a continuous strike of 450m was discovered."

Newmont has started exploration work at Anza to update the geological model.

Stay tuned...re-rate long overdue here.

This could open much higher on ratification RNS. Won't take forever, Govt needs for things to move forward.

Lithium news from Bolivia would be another huge price catalyst. Think future looks good and next 3 months could give you a huge upside from current depressed price levels....which is the time to grab shares not when it opens 100% higher.

IMO. Good luck all.

Yes Velociraptor can give you 200MMbo in one hit.

Heron, Gazelle, Red Deer can collectively give you 200MMbo and these will be quick to monetise. With cashflow in place MATD could then drill 3 or 4 of Velociraptor type wells.

Donkee,

I'm still here mate. Waited too long for it. Just don't get much time these days to post with so much else going on in life right now.

I regularly read some excellent posts daily from both the new posters and old veterans.

From various market exerts, given global issues and slowing growth, Gold is on a strong run here...

$1576
$1620
$1708

Loryser Creditors got a great deal in terms of market timing. Newmont got OMI shares in the cheap and they know it.

With so little shares in Free-Float, I think we could be in for a strong run here soon.

Eastern Mongolia is where all current production comes from...almost all of it from Petrochina oil wells.

Hopefully MATD will soon join in the production from Heron & Red Deer.

Western Mongolia has been vastly underexplored. Hopefully MATD 200MMbo Velociraptor oil well in Block V would change that going forward.

Not far now...

Would be getting few myself below 5p (hopefully) first thing Tuesday.

https://www.kitco.com/news/video/show/Kitco-NEWS/2527/2019-08-23/Gold-price-momentum-could-push-to-$1700#_48_INSTANCE_puYLh9Vd66QY_=https%3A%2F%2Fwww.kitco.com%2Fnews%2Fvideo%2Flatest%3Fshow%3DKitco-NEWS

looks to be a rare gem so Undervalued.

Newmont spotted Anza as massively Undervalued gold deposit and grabbed it with both hands at 100% premium...why not. Newmont going to make a huge ROI even after spending $30m developing it.

They could however Buyout OMI anytime if they want to.

Newmont sitting at over +$32 Billion MCap could buyout ANZA with just their annual lunch allowance .

Think lot of folks left early for Long weekend etc.

Think we could revisit 6p early next week

just flying.

$1600 next stop.

Breaking out after healthy consolidation.

Sub 5p here seems bargain basement price.

Look at it in next 12 months with a Huge smile.