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credit to Joeman1 - genius
I'm not a geologist, but I would assume there is a bit of a lag between cores coming up, logging, initial analysis, and then summarizing what they have actually got?
Then that needs crafting into am RNS. I think 7am Monday morning is a bit hopeful
Nice discussion.
We all are weighing up the +ves and -ves in any shares, especially in explorers where the risks and rewards are higher.
I reviewed my holding here last week, and bought more last Thursday.
One of the key deciding factors for me was #6 - Mike Moles buying a lot more shares. We will never have as much information as insiders in the company - if they are buying, then that suggests that the information they have so far is positive.
Re the assays for hole A - I thought there were also delays as rocks were being displayed to various interested 3rd parties?
Good presentation for those, (including me) that have not done extensive research on the other licences kav hold
I bought a little more yesterday. No more.
This was more of an interview with Ben, about Ben.
Good stuff though
Great responses guys.
That was the point of my post, to tease out / verbalize the risks that we face. We know what the rewards should be, but we need to have our eyes open.
I am forever thinking of adding more here, but I have enough for my risk appetite. I will be cursing if we find our norilisk/iocg duo, that I did not invest more, but I am happy with the size of my investment.
But.... Norilisk/iocg on top of each other.... :-)
I'm happily invested here, with crossed fingers... I have about 3-5% of my portfolio here as I feel the force is strong with kav.
But it can all go wrong....
I've been listening to the portfolio matters you tube channel. Their latest video is 'my worst trade - adv'.
Or how to lose 85% of your money in a day.
We all hope for boom, but you have to be prepared for bust.
One of the most interesting points was people with limit orders in, hoping to catch a dip in the share price ahead of any news.
Well, the news came in, it was bad, the share price plummeted, and those orders got filled on the way down giving those investors instant 70-85% losses. Ouch.
Im feeling a little exposed, but the conviction seems high, building evidence, and other prospects if this fails.....
Thoughts..?
I thought iocg style deposits have the good stuff in a ring around the iron oxide core.
Ella
Were you contrasting the very good drill hole of filo v xtr hole 38, or the *7 increase in share price of filo in 1 yr.
I would be 'xtr'actic with *4!
Back on the summer, this did the same thing on no news......
Then it spent a while clawing it's way back.
I stupidly did not sell during cop26.
So the roller coaster starts again....
Thanks for the post - I've never looked int the history of the company before - I assumed it was yet another Colin vehicle, but I saw he joined in 2012 as the company changed focus from energy to mining.
is that because there are not many shares available to be traded?
wait, wait, wait - buy!
The most important lesson I have learned in the last 2 years I've started to dabble in AIM / junior miners, is that its better to miss an opportunity than to buy at too high a price. So many times have bought too early. Occaisonally I've missed a great uplift, but hey ho, I'll wait to the next rise/fall.
Aim stocks get bought, then drastically oversold. Are the shares really worth 4% less than yesterday? no - just sentiment / overselling. I have a significant position already. The drop will continue tomorrow, and I'll start buying more when it hits my buy target.
This will (eventually) sell for 15, 20+, now hopefully within the next year.
Position yourself accordingly
Thanks for the link steveM - thats a presentation I had not seen before.
To be honest, that makes me even more enthusiastic about XTR - I've seen nothing about anything done on the other licences. They may be empty, but........
Sorry, I should not have posted
I promised f79 on another board I would not bite here....
But...
Cb has 4-5 other companies all going well. Xtr is going to sell a v large, low grade massive copper porphrey system this year, AFP and others have KCB licences , somewith deals inplace with sandfire. His various companies have multiple Zambian and Namibian licences etc.
Why on earth do you think CB cares about 3-4 Zambian licences that arcm maybe own?
If MM owns them, then yes he may be interested, as MM has no idea how to progress them, but to be honest CB has way much bigger fish to fry.
XTR / bushranger is his legacy now.
If you've done some research why on earth would you sell XTR shares? It's copper, they have a porphrey... No sorry, 2 oh, and maybe a 3rd.
If you honestly think Ella = cb then you are sadly mistaken. There are many others out there who have cash to invest, and who can actually read an RNS and more importantly point out inconsistencies down the line.
It's not hard, you just need to be disciplined, unlike most shareholders.
I had fun today reading the twitter history of Equivest, for example. A small Norwegian find that posts really interesting blogs/tweats on resource companies.
You can also buy your shares 20% cheaper than I did tho
I think BMN is not a goer..... FAR seem to have a cheaper way of producing vanadium pentoxide, when they get into production.
IES actually can install working vfrbs
It's just a shame no one is buying them
I suspect the shares will fly in 5 yrs time ,,??
The image is from part of the core from the last completed hole is the KSZ, competed roughly at the end of December. It was a proof of concept drill hole - learn how to drill near the great red spot, but also then to do a tdem survey that found the conductor they are aiming for now.
The end of the hole found some minor alterations as mentioned in the tweet Ben mentioned. I got the impression that was a bonus rather than the point of that hole
All the focus is now on the main target hole to intersect the conductor mentioned above.