PYX Resources: Achieving volume and diversification milestones. Watch the video here.
Thanks agree both, and not trying to de-ramp at all as been here for 20 months and not sold a bean. Just picked up on that wording and was a little niggle - agree think they would have drilled regardless which then questions why bother with MMI but hey ho - 2 weeks and we should know and hopefully be well up from today!
Interesting debate on EG Meadows - I am holding firm - what I only recently picked up from the RNS' were the below statement
"MMI sampling was completed at Ernest Giles during March and April 2018. Over 980 samples were collected at a spacing of 800m x 200m over the Meadows, Empress and Wishbone targets. At Meadows the MMI gold response was subtle but broadly outlines and reflect results of Deep Sensing Geochemistry by Newmont while at Empress results outlined several clusters of elevated gold responses over a strike of approximately 9km. Results from Wishbone showed an elevated gold MMI response across the target, particularly in the north-west and central eastern parts."
For me the "At Meadows the MMI gold response was subtle but broadly outlines and reflect results of Deep Sensing Geochemistry by Newmont " statement could be a couple of ways - "subtle" isn't the most compelling word or supporrtive of elevated gold levels...... would welcome others thoughts on this?
This has been in the RNS from day one so nothing new - but interesting given they said Empress & Wishbone were elevated MMI and the results from those were average (yet very stage and wide drilling).
I am holding a decent chunk here, and in it for the longer term so not too concerned but would welcome genuine debate on this.....
Everyone now doubting EG results - weren't we doing exactly that with Firetower - I think most had discounted that from any investment decision - and we get results like today which are very positive and prospective. I think on EG there is wider work at play - they did 24 odd holes underpinned by Newmonts red zones.... plus Nikel hole etc.. the opportunity is massive and after the backlash last time he will underplay until the results are out - either way! However, I am even more confident post todays results and interviews.
Agree - most people had discounted this as had gone quiet - this is a massively bullish sign - GH I think has the RNS plan all laid out and this is the entree to Hav, BH and then EG... smart move, and 1m oz at todays' prices is attractive and values the rest of licenses at 0 vs. cap so I think the next 4 - 8 weeks are genuine opp for game changing movement here. I hope he brings out another update this week to ensure sentiment and FOMO kicks in.
Think this will now stabilise with most of placing stock gone, and reckon perk up again from Monday onwards probably underpinned by a strong RNS or two early in the week. Fingers crossed, these dips will have driven some out but nothing has changed and loads of news on the way. Cheap here. GLA
Can see some news flow coming in the next couple of weeks as new man gets his feet under the table. FDA approval would be a lovely welcoming gift to us all.
Ballsy to post on Twitter - he must be feeling confident in the conviction on this. Would love to see a RNS to land this week and kick start this back up to 2p. If the Nickel drill shows anything then that effectively could be another project/sell off by itself. I think Black Hills is the one they are going to go after hard with this new cash - shallow and they will have seen the 3DIP headlines.
http://www.proactiveinvestors.co.uk/companies/stocktube/9918/greatland-gold-in-the-strongest-position-its-ever-been--9918.html
He is on the PR push now - another interview - all positive. Some interesting exchanges - when asked about future opps - clearly something brewing either with current or new licenses. EG remains their jewel - I think Hav and BH are the ones they will be looking to get sold/JV'd. EG will take more time, but could be massive I think.
Fantastic combo of messages in here. The Cash Position is key and discredits all those saying it is already run out. Only spent £1m so far on all that has happened. Brilliant.
They are definitely gearing up for some sort of sell off, JV or partnership arranagement .
here is link to full report. Need to register but no cost to access: Is great reading......
https://www.progressive-research.com/research/promising-gold-copper-exploration-in-the-paterson-province/
GG and GH tweeted this mornign link to report.....re Black Hills “Initial exploration in June 2018 identified visible gold in outcrops... suggesting very high grade mineralisation reminiscent of the upper portion of Telfer”
According to resources journalist Barry FitzGerald (www.resourcesrising stars.com.au, 6th
April 2018 and 15th June 2018), one of the world’s largest mining companies, Rio Tinto, may
have made a significant copper discovery in the Paterson Province. The find is suspected to
be roughly 120km NW of Telfer on wholly-owned ground, and Fortescue Metals has now
taken up a large ground position to the north of Rio Tinto. Clearly a Rio discovery would
bode well for the junior explorers in the area, and FitzGerald notes that geophysical mapping
suggests a clear trend of distinctive anomalies in an arc from ground controlled by Sipa
Resources, Antipa Minerals and on to Rio Tinto’s discovery site.
Agree that is fantastic advertising for Greatland to be quoted in another explorers "Highlights" statement, and then pulled out explicitly on the maps within the update. Brewing nicely - open reds, time for a little top up.