Member Info for PAD004

I will stick my neck out on this one and say one way or another the SP is about to rise. How much, who knows......

A lot of conjecture here. Valirx were advertising for a new strategic partner 6 weeks ago or so. My hunch, and it is only a hunch, is there is positive news to come in the next 2 weeks.

Agreed Tango1

Buy below 0.10 for it is worth. I am also invested here but not going to invest until this bottoms (if indeed it does....)

A sad state of affairs....

I had an exchange last week with Illbetabuck who was it seems trying his best to push down the SP. As I said then, there is no point in selling (at least for me) until there is news. This is a long term position for a long term project. With any positive news the SP will rise. Simple. All we can do is wait.

okay....

Looks like they have updated their webpage. I cannot remember seeing what activity has been undertaken at each site (see company overview via the 'about us' tab). Can anyone else remember seeing this?

Time will tell. I will suspend judgment until there is further concrete news rather than conjecture.

illbetabuck-Yes, stating the obvious is sometimes helpful, especially in light of some other posts here today which are prophesying the end of the world for this company. Nothing more than some people trying to set a run on the SP tomorrow.

Any positive news over the coming weeks and the SP will rise. Full stop.

Thankfully I only ever invest what I am comfortable with losing.

I can only speak for myself and of course DYOR......

There seems to be the usual amount of frenzied conversations. I will wait for news before making any important decisions. Being influenced by herd behaviour for this share makes no sense to me (selling) in the immediate term until there is further news. Hopefully that news will be positive for the future of this important project for the country and local communities.

Total Crud of a post. If you are going to decamp then do it properly.

As most of us know, the SP is irrelevant at the moment and we just need news when it is ready.

Not going to waist anymore time thinking about this one. Let's see if they can pull a rabbit out of the hat...my rational head says no....

Who know. It might be worth noting that in the Early August RNS drilling for the M2 site is mentioned with preparations already in place for a September start. Word for word copied below from this RNS dated 5th August:
'Drilling preparations are well in hand and the field team was on site in July, working with contractors. The programme can now be accelerated, with commencement of drilling scheduled for September.'

HOWEVER

The half year report RNS (published 30th September) states the following and pay attention to 'at the appropriate time':
At M2 the objective at the appropriate time is to drill a further two holes to target a deeply-buried zone within the host diorite rock, down-plunge from the current M2 oxide copper resource. The target is a magnetic anomaly identified by a previous Induced Polarisation/Resistivity (“IP/RES”) survey carried out over M2.

The half year report seems to provide cover for the BoD if they have not started drilling.

A long time ago I used to fly my RC planes at Wanstead flats....not far away from GH. Happy memories.....

Another small buy today of £500 not showing on NEX or anywhere else as far as I can see. Many instances of this over the past week.....

Not convinced of that.......

Given the rate of cash burn over the previous 6 month periods and the reserves as of the end of June 2019, this firm must only have around 4 weeks of liquidity. Is my reading of this correct? Thoughts welcomed.....

Let's all hope this does exceed expectations.....time will tell.