GreenRoc Accelerates their World Class Project to Production as Early as 2028. Watch the full video here.
Https://twitter.com/cdnstocktrader/status/179151896541839472 17.5.24
"Silver, challenging the 2020 HIGHs at $30.
Https://twitter.com/TaviCosta/status/1791515312547828144 Fri, 17 May 2024.
"Calculation: G D X I vs GDX." [Chart shown]
Comment: Just as the years of the BEAR commodity markets that took down the JUNIORS, now the charts are turning which means that the constituents of the JUNIOR to SENIOR MINERS have started to turn up. HO HO, NAY NAYS OF JUNIORS ARE ABOUT TO SEE a change?
Https://twitter.com/ABell2019/status/1791471804839510036 Fri, 17 May 2024.
Chairman Bell, RRR from FASO. [Ref: Earlier tweet].
Comment: Even Chairman Bell tweets about GOLD PRICE and here on this forum, it is not allowed? LoL.
ARV ROCK CHIP RESULTS FRONM 100% OWNED MT MARIE, 2ND HIGHEST VS AZURE:
ARV has released the 2nd set of rock chip results at MT MARIE, Andover, Pilbara, W.A. [100% tenement] and at 4.67% li20 is the 2nd highest vs 4.87% at Azure. Azure has now been taken over for billion$ by SQM & Gina Rinehart.
SQM INVESTS $20M IN AZURE FOR A 19.99% STAKE:
https://smallcaps.com.au/azure-minerals-attracts-lithium-investment-sqm-australia/ 11 Jan 2023
"IN OCT, AZURE IDENTIFIED ABUNDANT SPOD -RICH, LITHIUM-BEARING PEGMATITITES WITHIN A 4KM WIDE CORRIDOR AT ANDOVER. =======SURFACE ROCK SAMPLING CONFIRMED ---HIGH GRADE--- of lithium in outcropping pegs with lithium oxide grades of ====3.32%, 2.65% & 1.62%."===
FOR THE AVOIDANCE OF DOUBT: Azure used the $20m from SQM to start drilling. However, it is STATED THAT THE SQM $20M ===========WAS SIGNED AFTER *************ONLY ROCK CHIP SAMPLE RESULTS.*************as above.!!!!
DYOR. NIA. News, Fri, 17.5.24 ARV 0.78p.
Https://hotcopper.com.au/asx/sxg / 17.5.24 @A$2.73 , Mkt Cap A$522m.
About SUNDAY CREEK, Victoria, Australia. https://www.southerncrossgold.com.au/projects/sunday-creek
"Sunday Creek: EXPLORATION T A R G E T : 1MOZ EQ- 1.6 MOZ GOLD EQ.
From the MAP given by Southern Cross in the link above, one can SEE RRR AUSTRALIA @KILMORE, next door to Sunday Creek, Victoria, Australia.
Comment: FOR CLARITY AND FACT: Southern Cross A$522m mkt cap has NO RESOURCE DEFINITION YET ie JORC.
Southern Cross is NOT in PRODUCTION. Southern Cross is dual listing in Canada due to the demand of global investors.
====PAUL JOHNSON, CEO OF POW WANTED TO FIND OUT IF SUNDAY CREEK GOLD MINERALISATION ====EXTENDS INTO RRR/POW JV AT ======KILMORE===IT DOES per the link I gave much earlier. LoL, so HOW DO NAY NAYS EXPLAIN THAT AND ALL THE OTHER ASX CO'S DRILLING but mkt cap's like Southern Cross at A$522m. So, RRR is now 100% owner of RRR Australia at Victoria.
Riversgold Ltd, ASX is the JV partner to ORCP in next week's start of drilling at the NORTHERN ZONE, Kalgoorie, W.Australia.
Riversgold went up the 2nd day since the drilling news announcement +11%. The top post on the Riversgold forum in Oz is about the NORTHERN ZONE vs SATURN METALS, ASX AT APOLLO.
"Comp Sheet passed by brokers in Australia to each other: Riversgold $9m Mkt Cap, RESOURCE TARGET: 200-250MT ===@0.40-.06 g/t au === for 2.5-4.8 MOZ GOLD. ==
STN [Saturn Metals, ASX] $54m mkt cap , 93.9Mt ==for 0.54g/t au == 1.64 MOZ of gold with $388m NPV.
This is SIGNIFICANTLY LARGER RESOURCE POTENTIAL===WITH 2-3X MORE GOLD AT A SIGNIFICANT DISCOUNT."
Pdf of Apollo Hill comp [Saturn Metals] given in the post on RGL [Riversgold, ASX] on Hotcopper."
https://hotcopper.com.au/threads/rgl-comps.80077178/ dated Fri, 17 May 2024 by baybull, Australia.
My comment: 2 drill rigs will be utilised to fast track drilling. From reading the RGL announcements etc, the driller appears to be DDH, the same driller for GGP's Havieron, Paterson. W.Australia. Nice. By the way, Apollo Hill @Saturn Metals, Oz has been the comparative as it is closer to Riversgold's NORTHERN ZONE and mentioned on Twitter etc.
Its a good job he likes Naheed. Cos Broker...asked for a project or get a project and run it with him = NO.
So, thankfully, he likes Naheed, ORCP CEO. LoL.
Most importantly of all, AFTER THE DRILLING DONE and Maiden Resource issued, it is WHAT TO DO WITH THE PROJECT. Ah, ORCP does not have that type of M & A contacts in Australia. Also, RGL is getting a lot of publicity in Australia ie STOCK OF THE DAY COVERAGE, Stockhead.com. au, Proactive etc. So, AUSSIE PROJECT with Aussies and Aussie INVESTOR INTEREST. Cant run it from Britain and no one would be interested without AUSSIE GEO EXPERIENCE & CONTACTS.
Some points to note:
[1] In Australia, there is a lot of work to do to prep a drill eg heritage clearance if any etc.
[2] Drillers need to be hired and to get the best price and good drilling outfit & an Aussie is better placed vs from UK ie has extensive Aussie contacts.
[3] This is going to be fast tracked drilling.
[4] A$1.85m was raised and not possible for ORCP to raise that type of money.
[5] Aussie investors wont buy into a London AIM co without Aussies on board or AUSSIE LISTED , hence RGL ie Riversgold.
[6] Lots of geo work to be done and it needs EXPERIENTIAL Geo's who know the ground at Kalgoorie, work there etc.
[7] In my view, it was "gifted" to ORCP. It could have been given to any AIM co. Even for a major, that is the type of terms ie look at Havieron. I dont know the full details but that is the range.
[8] Aussie chased Riversgold up by a lot on the news the drill is starting NEXT wk. Think it shows confidence in the drilling experience of the mgm since they did the initial work as well. They have the contacts with Saturn Metals etc given heap leach mentioned etc. My view only and hence why I came in.
Https://www.youtube.com/watch?v=OIWvSG7jylg
"Depth drilled previously to 450m. Found exact grade, depth etc ie MODEL. Prove model. Now, KEEP DRILLING ,add tonnage. Add resource. 0.50-0.6g/t gold - BODDINGTON mentioned which is a massive gold mine ie these typical grades. Gold, Central Bank buying and Chinese buying, latter not stopping. He spoke to Gold Council and USA/Brits... INFRASTRUCTURE ie road etc. Interesting.
Https://www.stockhead.com.au/stockhead.com.au/resources/riversgold-raising-1-85m-for-drilling-to-define-maiden-gold-resources-at-northern-zone/ Stockhead.com.au 16.5.24 [RNS in Australia]
"Proceeds will ACCELERATE drilling to DEFINE A MAIDEN RESOURCE at Northern Zone, KALGOORIE, W. Australia. FURTHER RESOURCE GROWTH to be achieved by STEP-OUT drilling. Exploration TARGET 200-250MT==0.4-0.6g/t au gold for 2.5-4.8MOZ GOLD of contained gold."
Comment: For clarity, I follow a Aussie and she pointed out that Riversgold on the ASX ROSE 42.86% last night on the announcement that DRILLING is starting NEXT WK. DYOR. NIA.
"With an exploration target of 2.5-4.8 moz gold, it is potentially LARGER than SATURN METALS, ASX which has a resource of 105Mt @===0.54% au gold=== or 1.84moz==of contained gold. Rivergold, ASX -ORCP JV has "true width of 100m."
"Prime objective is to publish MAIDEN JORC and BUILD on those no's with STEP-OUT DRILLING." https://www.stockhead.com.au/resources/riversgold-gears-up-for-kalgoorie-gold-hunt-with-drill-ready-to-rock-at-northern-zone/ 9 hrs ago, Thur, 15.5.24 ["FAST TRACK DRILLING].
RIVERSGOLD, ASX: On the announcement of drilling to start next week, Riversgold rose 42.86% and featured on Finance News Network, "STOCKS OF THE HOUR " in Australia, 10 hrs ago, Thur, 15.5.24 https://twitter.com/Riversgold/status/179093642984436797 [Short vid]
SATURN METALS, ASX [mentioned above as the nearby deposit]: MKT CAP A$53m https://hotcopper.com.au/asx/stn/
[175km Norther of Northern Zone @Apollo Hill with PEA 105Mt @0.54% cu gold @1.83MOZ GOLD.
RIVERSGOLD-ORCP JV: 9 May 2023: "Riversgold drilled 4 holes for 1,379m to test the exploration model of 100m wide gold mineralisation. The RGL [Riversgold] CONFIRMED the ORIGINAL MINERALISATION MODEL, style, width & grades."
https://twitter.com/Riversgold_Ltd/status/17908928227423396 16 May 2024 [Drilling to commence next week at Northern Zone."]
ORCP: Mkt cap: £950,000. Share price: 0.02p. Thur, 16 May 2024.
Nice. Recom. There you are, a 1 man operation SHOVELLING the ore into the processor @piles of ore feed. Also, the PULLEY system is the same as the one in Zim. In fact, the Zim one seems more powerful or the wheel bigger. To me, these are not the type the Gold Rush uses and no wonder as this has to cost much more. In the Gold Rush operation, they use an excavator [big] and not hand shovelling. So, in fact, CHEAP to set up cos its old machinery for the Zim example and the one at Cave, also in Zim.
@21:33 Naked Shorting was mentioned as "legal" ie "Yes, it is totally legal". For CLARITY, because this is a public stock forum, for completeness, the para may apply: "The Short Selling Regulation REGULATES short selling of shares listed on UK mkts & includes PROVISIONS on DISCLOSURE to the FCA & the public, a ban on short selling and EMERGENCY powers for the FCA." Dated 9 Dec 2022. [Ref & Source: "Short Selling Regulation.Gov.UK]. The CEO of RRR tweeted about this subject matter and RRR.
"SMALL TRADES": ANY TRADE that is NOT the average volume per the stats is NOT "small trades" as the resident states?
It is relevant because the thesis of the next P. debunks the theory as to why trades, even if rollovers are being done? RRR has a mkt cap of some £1.9m and therefore £60k roughly would equate to 3% if 1 person is rolling or buying etc -so relevant to holders to see large trades as norm on ANY stock forum.
T-20 : UK brokers have informed a long time ago that from T20, it was moving to T4 and then finally to T3 and so forth. I cited T3-2-1 yesterday. From the practicality of these short T3-2-1, one finds that in fact, there is very little time. So, hence many of the online accounts will NOT execute without CASH in the a/c, like mine.
Thank you Helpful for mentioning that the mill and pulley system is the same as KAV's system. The mining engineer must be out in Zim mining gold as well?
Just sayin. News, Thur, 16.5.24
As a RC, always good to thank. Clontarf Energy, Wed, 15.5.24 RNS: Bolivia Lithium : CLON proceeds to lithium tender stage - see BNAmericas news article out Thur, 16.5.24 below.
Https://twitter.com/NeilRingdah/status/1790844795872547165 15.5.24 Mining Engineer in Zim using some old machinery and so simple to mine GOLD. For ya, Helpful - RRR' will be more sophisticated machin.
Https://www.nsenergybusiness.com/features/six-largest-lithium-reserves-world/ NS Energy.
Clontarf RNS, 15.5.24 - 1 of the 21 chosen to go thru @BOLIVIA lithium tender. See RNS for details and below.