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With more bought than sold today it does seem odd it went down in reality but that aside it was the 3rd best performing of all UK shares last week. It went from 1p ish to 2p ish. Very normal for people to derisk or to get a bit of retrace. Most won't be selling all but will take some off the table. Also there was a recent placing to fund the drilling at .85p a share which was a small discount. This was decent news as it sets us up for drilling but such large investors will look to sell some once have 50 to 150% profit. They either keep some or just hang on to their warrants to buy more at a later date if they got any, usually they do but not always. They may activate at 3p or something so they won't miss out and free up cash in the meantime. Then MMs know after the weekend people go off to work and will set stop losses of 10 to 20 per cent usually so they can go fishing for those and make money and load up others wanting more than the normal market size of shares (75k or 100k here depending on MM). Rock looks good and has some news imminent but many are not fully aware of this and some, especially in lockdown where we have many new novice investors, just buy because it's going up and gold but they get spooked easily when it goes down. These types mean any positive news in next RNS will mean it will rise easily again, but the key results are from the deeper drills really which are a few months away, near enough to hold interest but will see some traders disappear then come back. If it's another Mt Wright there will be a bubble of high grade gold below 300m I think but above there could still be quite hit and miss but we ideally want to see some gold from the great sulphide indications at stage 1 of current programme (see last placing RNS for plans). That will see the gains increase and hold. The old Newcrest drilling here encouragingly showed breccia at 300-500m but is thought was a bit too far west and just caught edge. Mt Wright was not a thing then either I believe. That's why we are drilling to East. If we don't find it within a few months we probably won't explode in value, but we have several tenements including two large copper resources and some silver which are also doing very well pushing us along and mean we are still good value.

well played sir

Agreed. 40 Mill oz in area and maybe more at depth. Presuming even if you don't mine it all you might get to process it all. And you can snap up the cheapest to produce pt operation at the same time ready for when pt takes off.

Because the buys have been big. Don't persist the shorters/bashers negative subjects here...

That's what drove rise along with timetable of more drilling plus work this year on the massive copper resources we hold.

Early pattern was of some big buts but sadly mms going after thd 20 percent stop losses now. Not a lot of free float but chunks of placing shares around still making 100 percent at these kevels

normal market size is only 100,000 shares so chunks can be the way to load up.

Needs the lab results from stage 1 now to hopefully push it on to 3 or 4p while stage 2 is underway. Bit of pressure on them now but signs all been good so far.

Interesting daramuda. The place where heads of terms could come in I presume would be "misrepresentation" that induced a contract. It could be a cynical ploy now that things look promising on a JORC, for Platina to try and profit without lifting much of a finger by saying they should have been given the opportunity afforded EEE instead, or similar. As you say a "boiler plate" clause may attempt to rule out misrepresentation as a course of action. I just know I was starting to follow this and thinking if Georgia goes sour always got Oz. Now oz looks sour though and seems to me like leaves with few positives if so. So I took my punt money and ran but sadly for me it did rebound a little after turning a decent profit into a small loss for me. I'd only just invested enough to keep me interested but I'm still watching it. Details of the actual claim would be interesting to see. It came totally out of the blue.

I thought good bet this would go over 2p with RNS but buying strong I am now thinking will go to 4p quicker than I imagined. Was very oversold with seasonal break. With good upcoming results I think 8p would look about on the balance and that would be a great place from which to fund next phases. Don't expect exploration companies to be making a profit till the big paydays but can up value. An open pit mine at plateau is feasible though to fund proving up the copper deposits. If we hit big gold at depth within 6mths as signs suggest think we will look to be a 200 to 500 million pound company in a few years. Its the makings of a great story which you should never make up or get lost in but want to be involved with. I think it's the hot ticket of the moment but strategies need careful thought on when and where to buy or derisk.

We are saving that one for stage 3 results. You've gone and spoilt the crescendo.

Bit of easy listening... https://youtu.be/w3PoTnkLfxE

Was a recent placing rns to fund a lot of detailed drilling in 3 stages as and also work on the cv opper prospectsall set out. Company website is great. Also Google Mt Wright and what happened there the hope is we have another and signs good.

More placing shares churning maybe but looks good for a push on. Would look cheap at 3p still I think.

Stage 1 assay results literally any moment now could drop. Stage 2 drilling underway suggests are good will give more news within months. There is dome work planned on the copper projects not sure on those timescales but this year.

No bad thing if some shares churn here. Tbh I expected the rise after news so when it lands could really push on well past 2p.

Trading peaks and dips like pro he is. Probably realises needed to put confidence back in. It should rise a few percent on this.

I think he's bought 500k more shares at c. 17p? Vote of confidence was my take.

Final results from stage 1 are due

I was looking at this and ggp and thought this, was better potential but changed mind when ggp was at 4p sold at 12p. Now I think this is better. So much copper and even got a smidge of palladium in recent forays at plateau.

Was cheap as chips still is but gold at depth as looks promising is probably the money shot. With Mt Wright as the precedent even though newcrest been over the ground only drilled deep once and probably just missed target.