Member Info for munchbox54

OFF topic

I just bought some GRL. They are due production in the 4th quarter this year. Based in Ghana and will start with 15,000 oz pa. waiting on permit which was submitted a long time ago. Market cap £20m. Can see it doing really well when the permit comes in. Ghana very pro mining. Ceo excellent at replying to investors emails / questions.

If ever MC wanted some redemption then this week is the time to drop a positive rns. If it’s more land purchases or more importantly an agreement for 2 years to toll the gold from mestiza .... that would put many cats amongst the pigeons.

I know he’s doing his best but just imagine being a CEO and waking up each morning looking at gold going higher n higher yet you can’t make a single penny on it .... must be painful and also give extra determination to get things done.

I agree with seingred ..... market could pull back at anytime but I don’t think gold will .... if anything gold will go higher as people look for Safe haven. I’m out in Dubai at the moment and only have CNN as an English speaking channel and to be honest the way they are covering the covid cases across America it really sounds like Armageddon.

Something has to give. Personally I think later this week when the big boys announce results will see the start of a warning with a serious pull back in 2-3 weeks when the penny hits home.

43k share purchase is mine.

Happy to be here. Ghana very pro mining. Once that permit comes then these will explode.

H. How r u fella ?

That £1.66 don’t mean anything anymore. Maxwell time’s that sale to perfection , however if Eland were still trading then they would have fallen to 20p in the crash that took place.

Royal bank of Scotland paid 47 BILLION for ABN AMRO .... 6 months later Lehman brothers went bust and rest we know is history.

If anything they blundered by buying ELA, should have stayed cash positive and debt free and progressed ANOH which would have been in Production by now.

Either way with $7 operating costs this is a cash cow and am hoping for increase in divi payments and also funding for ANOH. It won’t happen ..... my opinion is they are in talks already and will be bought out cheaply. £1.30 does it

Apologies for my French ...... how the F are GGP worth MORE than half a BILLION pounds ?

How ? Don’t care how much gold they have or might find, seriously MC sort the toll agreement out using mestiza and start F digging that pile of cack lol. All I’m saying is I’m staying until 5m oz has been proven and until we produce.

Fair value compared to peers in using our usual discount and BS that comes with it is £450m.

Current value £50m so add 100m as debt at £1 a share total being £200m at £1 .... personal sensible target is £2.50 a share if there’s any life out there.

If they manage to get funding for the complete move as debt then it will 10 bag from here simples. £5 a share and we are talking within 12 months. Once land is purchased it will move very fast.

Outside chance of calibre and Rio taking CNR out ...... would have to be north of £200m from today’s valuation or 4x today’s sp. call it £2 a share and I think everyone walks away happy

Could see a final push before close to £1.30 on the ask.

Exactly the same trait as RRE before deal struck ..... wide spreads ..... volatile to clear out weak holders and stopping day traders from trading.

Exactly the same trait as RRE. We later learned that during all the time of the above that RRE was in talks with its buyers.

It’s obvious HH and his team are in talks and it’s just a matter of time.

There also seems to be less noise this time ..... mms got rid of many but I’m way too experienced to fall prey to their games.

Bring it on. Booooooooooooooooom

Good guessing going on here. Glad you don’t know much more about me lol. I would start to worry.

Going to add my final bunch today ready to be strapped in here.

I think gold and covid stocks have taken the shine off these a little. Looking for that deal rns very soon.

Cheers electric. I’m snot taken back by the 45’c here I. Dubai at the moment.

Where’s our permit for the America pit ? We got mestiuza but nothing on America.

Tester you need to add this permit approval to Your list.

Any rns ..... from any company to do with gold or covid is getting spiked the heck up.

Huge detailed report on the devastation in SA regarding covid-19

Bushveld still haven’t given future guidance rightly so but one feels they Will need to raise money To move forward.

Vanadium price is not doing much which is a worry as most economies open ..... with a second wave likely and further lockdowns it can get really painful here.

You guys spend sooooo much time positing very very detailed information..... a bit repetitive at time’s but need to understand the basics.

Current potential profits are peanuts based on production costs and what the sale cost of the item ..... there’s no way out for the world just yet .... BMN are stuck .... understand this and you will have the right mind set. Currently at resistance .... next stop is 8p. If they have to raise money then it’s much lower.

The timing of the acquisition has turned out to be a disaster.

6 -7 months on and still in the same mess here ..... market is telling you something.

I have never ever seen such a pump and dump Stock like this one.

Tester I don’t do confessions but your last post has blown my head off looooool.

Your spot on. Personally I want a toll deal to bring in money so we can not only dig for more gold but raise at £1.20+ for the mine.

We need an rns that finally releases the shackles here and hopefully we will see £1 again very soon.

Next stop 62p resistance.

Ps. Important we continue to rise tomorrow

Nico and duster. Appreciate the heads up. Must confess I completed a sale of a property and now have a good stash to invest. Only looking at companies that are not market related as we are due a correction.

Pvr has too many broken promises duster. I wouldn’t trust O’Reilly with his own wife let alone invest in his company lol.

Nico. Will look in to prd and update.

Cheers. Hope everyone is keeping safe

Thanks for your post earlier.

What about the dosage uses ?

How much does the sng1001 dosage compare to wher was approved.

Cheers mate.

Best post over the last few days. Good work mate.

Anybody see CNN today ? Massive coverage saying they are using this in SA and the guy is like .... if it works here with 2,000 people to be tested then anywhere.

Problem is it will take 2 months for the tests and results

Meantime we may go lower but this really is all or nothing here.

THIS IS 20p or £5. Register that in your heads that way you won’t suffer the mini stroke whichever way it goes.

On a separate note the 79% improvement was on uk people and not overseas individuals so immune systems come to play .... it really is 50/50.

Tester. I really enjoy your posts. Keep them coming my g

Let’s goooo. 50p going to blow. Volume looking very good.

We need news. Come on Drop that rns. 60p tomorrow?

Apologies for bringing my good luck charm with me.

I can see us hit 50p today.

I think just maybe ..... MC might time the rns right. Anything associated with gold will get extra attention from the city.

Toll mining to start the base ...... come on MC.

Ps. Where’s the other mining pit permit ? Long over due

Andrew. How are ya fella.

Why wouldn’t he be stubborn ? 15 years and still going strong. He’s worked his day light off to get this far , but he just wants it to himself and what I hope he realises that he can only achieve his dream if he brings others to the party.

After all we are not a Facebook or google here .... it’s a gold mine .... he needs funds .... get the toll done ... then sp re-rates to above £1 and then raise money for mine build above a £1. All win win.

19691 shares. Gold is exploding like woah. Any Production deal now would see Cnr triple ... bring it on. Surely MC can’t be watching this still being stubborn ..... he’s got to learn to share .... come on MC just agree on production fella.