Member Info for Padmaster

News must be imminent based on the 4th March announcement:

“The results of the Heliborne-EM geophysical surveying are sufficiently robust that the Company expects to announce the commissioning of initial reconnaissance drilling program within the month”

Evening Pinot. Thanks for that and here is the link.

https://mobile.twitter.com/bigdude6669/status/1380218681049841670?ref_src=twsrc%5Egoogle%7Ctwcamp%5Eserp%7Ctwgr%5Etweet

Yes ssmithtrsder - published this morning

Morning Quady"

Should I put a greater weighting on your opinion than the broker note?

Yes DBW - they lowered their target price to 39p

Yes DBW - they lowered their target price to 39p

Research note

“We expect a bid from BHP, Newcrest or a third party, in the middle of the year as the new government has been seated.”

https://*********************/companies/uk/precious-metals/solgold-plc/research/liberum/liberum-solgold-promising-regional-exploration-update/1_4bbf4e62-ffbb-4144-a293-08a9179965ea?ismobile=true

SolGold has received strong drilling results across it sites, but particularly at the Porvenir project in south Ecuador that drilling continues to intersect visible copper-sulphide mineralisation. Whilst ongoing uncertainty on Ecuador elections weighs on the share price, what is certain is that growth in copper is the most desirable for the major mining companies and SolGold’s Alpala asset is one of very few of significant size being held in a junior mining company. We expect a bid from BHP, Newcrest or a third party, in the middle of the year as the new government has been seated.

It seems that the inquisition , diligence and common sense logic “of a number of shareholders identifies gaps in the information provided by the Company, whether intentional or not.
Why not give us the full picture? - we are supportive shareholders CB, you know!

“............ electromagnetic anomalies, the most prospective of which displayed similar conductive dome geometry.”

The AIM-traded firm said it had now undertaken heliborne electromagnetic geophysical surveying over several licences in the “highly prospective” project.

It said a preliminary overview of the results was “very promising”, with the electromagnetic data interpreted to show several highly prospective geological settings for copper-silver mineralisation.

In particular, the data from PL250/2018 and PL251/2018, which were situated 30 kilometres west of Sandfire Resources' high-grade copper-silver A4 Dome Project, contained several electromagnetic anomalies, the most prospective of which displayed similar conductive dome geometry.

https://www.investments.halifax.co.uk/research-centre/news-centre/article/?id=7722638&type=bsm

The only way is up.
As reality sets in, more investors will want to get in ahead of the news flow, in particular ahead of copper exploration drilling.
GLA

The unsubstantiated fearmongering

In the words of a famous investor “be greedy when others are fearful”

If it outstanding the news has to be released at some point. If the copper grades are better than expected it could be the making of GLR. Would be great if Colin gave another interview to explain the great news.Nice try Billy the Kidder

Usual sell in news causing initial drop. Price recovering quickly now. Still plenty if opportunities here.
Well done to whoever it was who identified Siege and Chelwelwa way before this RNS

.....and just a reminder that Sandfire invested in Galileo with their purchase of more than 4% of GLR at 2.68p per share.

https://www.share-talk.com/share-talk-bulletin-board-heroes-tuesday-2nd-march-2021/#gs.v0jmjt

Bulletin board heroes from today 2.8p targeted.

CB “The trains are all arriving together”

Tickets still available for this journey at a cheap price, but not for long.

All aboard!

I have sent an email to Beaumont Cornish, Phoenix and will inform everyone as soon as a response is received.

Let’s hope Star Zinc is still on track!

CB needs to give some clarity about Star Zinc and quickly. Shareholders are getting nervous with the lack of information and rightly so when it appears that other parties have been issued permits on the Star Zinc licence area.

These new licence applications may be explained by the fact that our renewal of the star zinc licence includes a mandatory 50% reduction of the licence area - see extract from the Addison JORC technical report below". These new licence s being granted in what appears to be our star zinc area are probably others applying for our relinquished areas.

“The Star Zinc deposit resides within valid exploration licence 19653-HQ-LEL, known as the Star Zinc licence. The licence is currently registered under Enviro Processing Ltd, a subsidiary of previously Alternative Investment Market (“AIM”) listed BMR Group Plc. As the licence is an exploration licence, no extraction is permitted.
The licence was granted on 14th August 2014 and has recently been renewed with a mandatory 50% reduction in licence area. The licence is now within its second grant period and is valid until 13th August 2021 (Table 4.2, Table 4.2 and Figure 4.1.).
A further renewal with 50% mandatory reduction in licence area can be applied for 6 months prior to the 13th August 2021, which will extend the licence duration for the final three year period until 13th August 2024, for a maximum duration of 10 years. The holder may, not later than six months prior to the expiry of the exploration licence, apply for a mining licence for an area within the exploration licence, as shown in Figure 4.1.”