George Frangeskides, Exec-Chair at Alba Mineral Resources, discusses grades at the Clogau Gold Mine. Watch the full video here.
I did listen in part to the conference call but missed sections as I was multitasking. I looked for the video so I could listen to the bits I missed, but it is yet to be published.
Great to hear there will be newsflow. Huzzah!
I had expected this summer to be a news-rich period with RNSs coming out every couple of weeks from Anglos 2023 drilling campaign.
This JV means everything to ARC holders, but doesn't even merit an RNS from Anglo's perspective. We might be starved of updates until discovery of a tier one deposit.
Taken a big hit today. Seems fear-based though.
Goldman Sachs recently forecast rise to $6.80/lb by the end of 2025
https://tinyurl.com/yfbjx7mc
Buy some stock and the sp goes... down? That's right. Today's price action is not caused by selling volume. 4.16 was my BUY.
It's NT to sell... all by design. MMs trying to create liquidity in an illiquid stock.
Golden cross incoming, indicators showing good value, due a tidy rerate in the foreseeable future.
MMs will open up the bid at some point and the more distressed PIs who capitulate, the more energy will be taken out of the coming rise when the buying pressure is back on.
Simple fix: Hold on to your stock and buy a few at this month's best price. Let MMs deal with illiquidity by RAISING the bid, not the other way round.
Mate I've got over 10% of my net worth on this.
I believe in JAN as a project very much... I wouldn't invest in a project if I didn't. What I am not certain of is that the FS will be published this quarter, although I am betting it will be. If a delay manifests, I tighten my belt and wait it out. Yes I am looking for double digits although in how long I do not know.
And WMM got squashed under a steamroller apparently and is no more.
SR flip was hard won but now it's on the upside of the 200DMA there should be some decent support.
I think a complete FS to arrive this quarter is priced in - the contents of it not so.
I'm getting increasingly anxious as the month draws on, but at these levels r/r is favourable.
All in my opinion.