Member Info for phil45

As expected buys being reported from Friday I expect todays delayed buys will show tomorrow.

For those that are so interested in this share going down I suggest they take a look at what they are invested into I have had a quick look at some recent history and 9i55ed myself laughing.

Darren for making an extra 10% it does not make sense, in months to come buying at .24 or buying at .26 will not matter. I think the placing is now done with delayed trades still to come. Company is only at this level until placing shares are cleared so be careful you do not miss out..

Looking positive now can sell 8million without going NT above bid price.

I think the placing shares are nearly done I have loaded up I cannot see this dropping imo its through the worst and now we look forward to an update. Some great posts below its a board that is worth scrolling back through.

They are already in production, we should be getting a Q3 update soon following on from last update they were expecting to increase production rates in Q3 We are also waiting for Gold assays which were not included and also an update on the below -
The size, continuity, and near-mine location of these resources is a compelling focus for revised life of mine planning; we plan to develop and release a new mining reserve later in the fiscal year."

Great update twib

Agree Kev. The resource and grades that this company has is worth more than £20million when you then consider that they are in production which before covid were hitting 1250tpd. It will not be long before this breaks out above 0.3.

few of these today and another clearly a buy 14:57:49 0.26 2,500,000 6,500

.27p paid looking strong

This will tick up very soon, no sellers down here and nt to buy at size but not nt to sell at size.......

I am sure the £84k buyer agrees as he has just bought in at 0.26

I think it might be some PI money the CEO is well followed and has a good history. All that has gone on before with this company is not his doing the next 6-12months could get really interesting. I have broken all my own rules for this one so fingers crossed 2022 I will retire !

Yes nice buy that what it does show is the confidence behind this company now.

£84k buy just gone straight though no delay print just over ask. Follow the money

This is worth more than a £20million market cap imo !!!
Operational underground Ming Mine, high grade Cu-Au, plant, and port in Newfoundland, Canada
? Currently exporting approximately 27% Copper/Gold Concentrate with offtake arrangements in place
? Proven metallurgy with recovery of 95-97% delivering 9,500 tpa Cu.
? High grade resource targeting 2% copper ore
? Current plant design capacity of 1,350 tpd.
? Potential +20 years mine life based on internal company mine plan
? Permits and major infrastructure
(power, water, roads, port)
? Attractive exploration upside
? Large scale deposit with expansion potential
? Excellent mining jurisdiction
? Additional local tenements in the portfolio
An experienced CEO now in charge with funds in place to increase output at the right time for copper prices.

Thanks tb

you are making yourself look silly its never going to new highs !!! the share price today is 0.0026p yes less than 1p and you reckon with 8 billion shares its going to new highs !!! get real. It has potential to move to 1p over the next 6 months and longer term may get 2.5p but 60p no chance.

I give up ! This is why I have never posted on these boards good luck all.

I posted this last night and feel that for those that are invested for more than a couple of days its worth posting again. These are reasonable expectations in my view over the next 12-18months.
50% of the share options are only paid if the share price hits a certain price so the ceo will get -

23 million shares if the price hits 0.57
47 million shares if the price hits 0.90
72 million shares if the price hits 1.24

This is a massive incentive for the CEO but I am also sure that if he did not feel that this was achievable he would not have agreed, also it goes on to say - if there is a change of control of the Company, all of the Share Options will vest in full.

The reason why I say its pointless looking at previous share price is because they had a lot less shares, if you are only looking at previous share price to see why the company had a problem please share more about your research. (I spend hours everyday reading over old updates, listening to old podcasts, researching the CEO's history etc etc and you look at a share price to tell you why the company had a problem)