Member Info for Phoebus

Jungmana, that's not a bad idea, although I'm not doing so myself. KR1 does look like it's about to play catch up which OTC should turbo charge, but ARB certainly has a huge following and massive volume to really drive the SP. This afternoon should be very interesting for KR1.

Well I keep seeing posts saying if we get one trillion ounces then OMI's share is only worth 6p on takeover and the like, which is kind of the same thing and getting a teensy bit tiresome.

Oops. Meant Polkadot not Kusama. I'm a bit excited this morning. Kusama is also right up there.

Exactly Ken. I think of Kusama as one of the main parts of the operating system for Internet 3.0. We are at the start of a major paradigm shift and KR1 is THE vanguard equity in this space. Say. No. More.

The market and industry can value the same assets at wildly different levels. This is a long road and there will be many twists and turn in market sentiment, news flow and general market backdrop that will see wild swings in the SP. To think that the SP can only reach some low X pence target due to the strictures of some narrow and selective methodology is complete and utter nonsense.

Yep. 4 of KR1 biggest holdings are up big this morning. Great to see DOT breaking into the $30s.

'Starbright how the hell did ggp hit over £1b recently on 3.5moz?'

It didn't. GGP end up with only 30%, so it did £1.44B on 1.05 MOZ at 2.0g/t! What does that day for OMI?

40p is only 35% above the current SP and below the recent high set before operations even started. If you think a whole lot of drilling confirming mineralization all over the place and an MRE of 5 MOZ will only see us move this far not even reaching pre drill highs, I have to wonder what on earth are you smoking? We're at 75% of that already with no MRE and only a tiny amount of the overall package drilled. Put that in the model and scale that up to get a price target.

Agreed VF. I just don't buy those estimates at all.

5Moz SP price target is 0.40p
10Moz SP price target is 0.80p

0.40p and 0.80p? Are you serious?

Do you get the Polkadot reference?

and OMI trades on TSX, so perhaps news tomorrow when both are open.

Kusama Yayoi.

https://artsy-media-uploads.s3.amazonaws.com/89yfM9GtChm1snhhKycy2g%2Fkusama+social.jpg

No guts, no glory.

A lot has changed since Zijin bought Buritica. Incredible monetary stimulus and dollar sliding big time as commodities and the monetary alternative of cryptos and metals surge big time. The world has changed and so has the outlook for gold and gold assets. Quality gold assets will be increasing prized.

Thanks. Interesting angle.

I've been staring fixated at them the last few days and then suddenly realized the price was going up. In for a few. This market cap looks too low for genuine crypto exposure given current market appetite.

I switched a bit to crypto stocks. Still super positive on WSBN, just needed a bit of cash.

This feels like its being worked ahead of the next leg higher. When was the first claim related news due again? Isn't it some time in the next few days? I would expect another move ahead of that.