Member Info for Phoebus

on news of Pilbara licence acquisition near Havieron and Telfer. Excellent SP action on justifiable fundamental SP driver. Game on.

Yep. Square root of FA available on quote and deal, but can sell chunky no problem.

Look how easily it rises on little volume. When they start exploring in Queensland this will rocket. When Peterson Project news flow starts expect this:

https://www.youtube.com/watch?v=Y1pSxVz-XYo

Surely the market didn't expect the assay results to be this week? We were told drilling would finish around now and the assay results would follow. Last years drilling finished Nov 29 and assay results were released Jan 28, so I was expecting beginning of Dec for assay results. If we're drilling until end Oct then I would expect assay results end Dec.

I hope not.

Something has clearly spooked the market, but I can't understand why?

I'd look at WSBN. New licence in Pilbara announced today near Telfer and Havieron to add to its two gold licences in Queensland. Tiny market cap. DYOR

but can sell 750,000 in one go. Mega bullish.

We had the same with ALBA this morning. Slight stretching of timelines and SP barfed. Ridiculous.

With warrant exercise price at 1.6p I see almost zero downside from these levels with plenty of upside into PEA end November.

in relation to Telfer and Havieron.

https://twitter.com/DavidLenigas/status/1313023537020628994

Some interesting maps in the PDF version of today's RNS if you haven't already looked at it. Shows how close WSBN is to other mines and gold companies. We certainly look to be in an excellent postcode now. Mines, deposits and prospects peppered all around us.

http://www.rns-pdf.londonstockexchange.com/rns/0724B_1-2020-10-5.pdf

Indeed. I'm a bit surprised this hasn't moved further today TBH given the tightness of the stock and the tiny market cap. I already though this would do really well once they get going with Wishbone and White Mountain, but with this new eye candy asset I'd say there's a really good chance that we could see 20p here. Just need to start the ball rolling and there will be little to hold this back. GLA

THR is 13km. ALBA's is 25-30km.

THR does look interesting given it's Pilbara postcode as does WSBN after its acquisition RNS this morning regarding the Patterson Range project near GGP's Havieron licence. A few K there and big cash in OMI.

What happened to your '31,250,000 TOP UP' the other day at 0.36p? Did you sell?

Anyone notice the surface gold grades reported by EEE at their Eclipse project in Australia this morning? Looking at the diagram on page two of the PDF version of the RNS it seems they barely managed to scrape above 25 ppb and that's on an Australian licence.

https://www.rns-pdf.londonstockexchange.com/rns/0261B_1-2020-10-4.pdf

By comparison ALBA's Dollgellau gold belt surface grades look excellent. The Mairwen, Ifanna and Gwyneth prospects have higher surface grades than above Clogau at 648ppb, 247ppb and 204ppb and one of those, Gwyneth is four times the size of Clogau. Loads of potential here.

http://www.rns-pdf.londonstockexchange.com/rns/0996I_1-2019-8-6.pdf

They must want to buy back in, which is not surprising with that RNS. Aside from slightly slower progress everything appears to be going exactly as anticipated with plenty to look forward to on multiple fronts. A bit of extra time until results will just give the traders chance to play the SP a bit more and make even more profit on the next pre results rise. GLA

Great minds LesBoy.

over at WSBN this morning.

get shaken out? Nah ... me neither. This one's a peach.