Member Info for Piscator1

In an illiquid stock like this all it takes is one distressed seller to crater it. Looks like that is done and dusted now though, so bring on some news.

Https://ukinvestormagazine.co.uk/ai-stocks-genip-cel-ai-and-sealand-galaxy-all-deserve-higher-valuations/?mc_cid=a847912bb5&mc_eid=04312799c9

Reads well to me, with much more detail on Zambian exploration: https://substack.com/home/post/p-152437314

Probably a distressed seller imo. There must have been a load of margin calls on HEX today.

Massive increase in volume today and every trade a buy so far, yet not a single post on here. How weird is that?

Definitely not a stock you would want to be out of over the weekend imo.

Talking of multi ID trolls this case popped up on Advfn: hTTps://masterinvestor.co.uk/latest/usop-is-just-the-latest-company-to-take-a-swipe-at-the-bulletin-board-trolls/

Time they had their collars felt imo.

This thread commenced with the premise that Anglo is only operating one drill rig which is patently untrue as verified in Arc’s tweet on the 19th June. All the rigs pictured in other tweets and media have caterpillar tracks so that they can work in waterlogged conditions. Given how much drilling has already taken place and is set to continue, we can expect to see a steady flow of assays throughout the winter months, so what’s not to like about that? Unless of course you are a troll with an agenda….

It’s both about conserving cash for the company and making the most from any significant upside in its value, so to be applauded imo, and ensures the CEO is fully aligned with shareholders. Really surprised it didn’t generate a stronger market response though.

Got to wonder if the Directors were in the market for stock today. If so we might get another boost tomorrow.

And this: https://thatstocksguy.substack.com/p/amaroq-arc-rome-and-helix?utm_source=publication-search

Https://thatstocksguy.substack.com/p/10-reasons-to-buy-rome-resources?utm_source=substack&utm_medium=email

Couldn’t agree more Dan. This stock is so off the radar it’s got multi bagger written all over it and any decent news from the exploration that Liontown have been doing on Mila’s licenses should be transformational.

FWIW the 601k is my buy, but for the life of me I can’t understand why the reaction is so muted. Is everyone skint or what?

Didn’t anyone notice that the drills only went down to 112 metres? If they have found decent grades at such shallow depth, this will be incredibly economic to mine. Also note this statement:” Portable X-Ray Fluorescence ("pXRF) analysis of drill samples now being completed, together with QA/QC checks. Selected samples will also be sent to an independent laboratory for check analysis.

· pXRF analytical results will be released as soon as possible.”

The latter could be only a few days away imo. Lab results will take a lot longer, but the pXRF results should provide a decent guide.

Today’s price action should suggest that some decent news will emerge next week.

Ten buys so far and some of them quite meaty tells you something good is certainly happening, and hopefully the RNS is on the Nomad’s desk.

Well only a week to go before we find out according to JLP. Wouldn’t like to be out if Luansobe is confirmed.

Project G could well be Luansobe. See earlier dialogue from others.

“ With upgrades at our Roan Concentrator and Sable Refinery, we are well-positioned to achieve our initial target processing capacity of 25 000 tonnes of copper per year. The recent milestones, including the ramp-up of our Munkoyo open-pit operation, near completion of our due diligence of Project G, which if successful will be brought into operation within 4 months, ensure a continued upward drive in our copper output. Our discussions to secure a further two open pit opportunities are progressing well and I am confident in our ability to secure further similar opportunities”

and “ Project G is the second open-pit mining operation being evaluated by Jubilee. The Company is nearing the completion of its due diligence, which has included full-scale processing trials at the Sable Refinery. A final decision on Project G is anticipated by the end of September 2024. The due diligence focuses on an initial mining rate of 10 000 tonnes per month achievable by February 2025, with an existing on-site upgrading facility of the run-of-mine material which already can produce 3 000 tonnes of copper concentrate per month, containing 10% to 15% copper, for refining at Sable. The lower grade copper reef will initially be stockpiled at source for future processing through the regional processing hub.”

Jubilee is also in advanced discussions regarding two additional open-pit mining opportunities in the Munkoyo and Project G region, as it aims to fully dedicate Sable's 16 000 tonne per annum copper refining capacity to processing open-pit mining resources. Jubilee has set a goal to achieve this by December 2025.”

I would anticipate a broker note later today or tomorrow with profit forecasts. RNS always has to come first.