Member Info for munchbox54

Must admit I watched these fall from 45p to 27p and thought it was all bluff but priced wrong.

I just read the latest rns to see how big this find could be and came across this which I thought was weird .....

Further testing is required to determine the economic viability and potential of the well, and the Company plans to commence completion and production testing operations during the first quarter of 2021.

Economic viability ? Does this mean it could still be uneconomical ?

Strange way of wording I thought.

Ps. Any idea how big chinook 1 could be ?

From last rns .....

Following an extensive review of a wide range of resource projects, since the completion of the Barruecopardo disposal, the Board is pleased to advise that the Company has recently entered into an exclusivity agreement in relation to a potential acquisition of a resource project. Due diligence is ongoing, the pace of which may be impacted by COVID-19 related limitations, with there being no certainty that a transaction will be concluded. The Company will provide an update to shareholders in relation to progress as appropriate.

Read the last rns. These will pop.

Rns coming!!!

These will 5-10 bag very quickly.

£5m market cap. Cash on the bank.

Boom comes to mind. No pump n dump here. Proper company !!!

NO GOLD here. Good assets are making the money.

Copper is ok but gold is the one.

Good luck here. Not buying !!!

Remember when I shorted the stock n made a profit ?

I did warn you guys it’s not as rosy as it seems.

If you want to buy a stock that will be a better investment then Always be balanced in your research.

Will this go higher ? Yes .... but most of you sitting on losses at the moment need to understand this is a very high risk stock.

Good luck here.

If they get the acquisition spot on there are a lot of investors with money from other gold stocks .... has to be gold acquisition and then not only do we double / Treble on acquisition...... the herd arrives AFTER.... these could do anything.

I am not selling my shares less than 5p. I want 3-4 bagger as a start !!!!

These guys are looking to sell
Off la Zarza mine they own ...... and trust me these guys know a thing or two about mines.

If they think it’s exceptional then I’m expecting 5-7p minimum.

It’s got to be gold mine in my view.

Copper would be ok but gold is the name of the game.

Imagine they farmed in to a producing gold mine with their $5m fit say 10-20% of production / cash flow.

These would go 10p easy !!

Mozza.

You make a fair point but the argument is simple :

-5k bopd would have minimal issues

-Would have been done n dusted by now without delay

- is this what the big backers invested in ?

- why such a delay ?

- these asset prices will probably be once in a lifetime price to value basis so buying big pays big.

- if they do go 5k bopd then they will be on the lookout again for the next deal .... so begs the question why not go big in the first instance and save on many additional costs.

- too many quality assets up for grabs .... exploration is becoming more difficult and just not worth the big money risk / investment it once was .... just ask Pmo / tullow

I can go on and on, honestly I think it all points to a big deal, judging by today’s sp it’s hard to say they will do anything lol. They better get a move on.

Got in today at £10.88

Only bought 2k shares.

Tester / DDD make valid points.

The only counter I would have to the comments below is that my personal opinion is that gold will probably rise very very sharply and then correct again rather unlike the previous bull markets that rise slowly n gradually over a long time and then peaking.

U know what they say “ when everyone is buying gold .... that’s the time to sell”

Personally I feel it’s already $700 above fair value and don’t see the peaks many are saying of $5000 gold.

Either way nothing matters if our mine will take 24 months to construct or we are still in limbo about minor issues .... we need to farm out to calibre or get toll done by new year.

To be honest I can even see the markets peaking and crashing within 2 years and could you gold starting to fall after the market crashes only for MC to then start production.

Remember the falls are far far greater than the rises and when gold does retreat in 6-12 -18 months it will be very fast .... so it begs the question .... when land is complete and if MC doesn’t sign a few deals or two then I could easily see condor miss the peak in gold !!!!

$2500-3000 gold is absurd but we all
Know it’s coming ..... ffs MC wake up and smell the coffee.

Resilience at its best.

This is certainly poised to go £10-15 in the future.

Well done Tuscan. Great buy at £3.20

Can’t really see market tank but anything sub £5 is a bargain long term.

Excellent op here. Acquisition to do with gold will be very good for the sp

Thanks tester and big dog. Appreciate the welcome and I think the mms have just pushed us up a fraction.

Appreciate everyone’s input but we do need to get a move on.

Let’s hope someone can email MC who has had communication in the past just to vent some of our long term frustration of the sp.

Ps. I still feel like I’ve been invested since 18p .... even though I’ve her. In / out numerous times. Let’s hope this time it’s for the boom.

Production due very soon, must admit companies are going boom on potential .... let’s hope production gets us to 14-15p.

Surely the herd will arrive here.

Good luck to all making money.

Cheers cambells.

Part of my thinking behind today’s purchase was MC has NEVER had 100% of the land :

Without that he can’t negotiate anything material without being questioned by the possible farm in partner as to why 100% is not secured hence increasing the partners risk associated to the asset also.

Once the 100% is in the bank then everything from Toll - plant deposit to possible T/O is possible.

Nice to see the dip being bought in to. Finish blue today ? That would be a first after the drop we had.

Ffs. As a good play this is a joke. Surely most stocks ive known or luckily held that have succumb to a big always fell prior. Let’s hope RIO / calibre takes everyone out their misery.

Back in for 45k shares

Wondergoals.

Makes me wonder why MC first farm out 50% of the mine to calibre !!!!

I was in OMI but traded it as I feel it’s speculative and nothing concrete as yet.

Imagine a 50% farm out to calibre where they fund the full mine and also pay CNR a lump sum upfront.

That would be amazing ..... oh wait .... forget about it because MC can’t think of what non investors can think if which benefit the company. Weird that.

Took small loss this morning. Too much momentum here.

Was for a little laugh.

Good luck to everyone here.

Let’s goooo

I respect most guys on here.

Dr Remington I should have sold today your right.

I only shorted for a bit of fun. I just didn’t like the way Chris got offensive.

I show respect ...... some need to learn to give it back.

Ps. I don’t mean to offend any posters on here n apologies if I do but some need to be put in their place.