Member Info for PortfolioPower

Excellent entry point.

Has bottomed out on the chart and looks primed to move back up.

Recent cash Raise of £2.375 million at 10.35p

Should be a string of news updates to look forward to from here

Growing significant Land holdings across known highly prospective discovery zone

Can see this moving back strongly from this deeply oversold position

Back to 12p-14p trading range by April imo.

GLA

Hopefully myself, Goldgnome and tibbs will have raised the right questions of coldspy to prevent anyone getting sucked into that shameful Cross ramp of GCAT yesterday.

I suspect GCAT will tank today.

Good to see there are some knowledgeable posters on here.

Let see if coldspy can answer my question to test his knowledge as I'm interested to know this very crucial aspect.

If not. Maybe a question for the GCAT bb?

@coldspy

So Goldplat are finally out over at GCAT (and that took some churn!)

I'm finding it very difficult to track the share incentive awards highlighted in the original prospectus pre IPO for Caracal in terms of what has been awarded & sold based on production milestones as no up to date TVR and no Tr-1 and no comms around this which seems very strange? Also what will the fully diluted position be once all these shares are on the market?

What are your thoughts on this?

Smart move

TheRiddler hasn't posted for a long while on here.

He made some excellent calls on this over the years

Suspect he is looking in and smiling at this one moving today.

GLA.

Another decent day here and nice finish to the week

Nice 1 Max

Trek

The Pivot point for Gold stocks (Majors) was back at the start of November

Take a look at the charts for all the Majors that have been on a rip since then.

The Majors always move first, then the Mid tiers followed by the juniors.

GLA

Only Just catching up now as been busy allday.

Good to see the various contributions & Best to take each level at a time.

Only just moved up slightly from the lows and updates this month as highlighted earlier can start to land anytime.

GLA

Both the chart set up and the macros look good for this to see a decent move from here.

Good luck Tony.

I managed to take some over at AAZ around their lows.

Expecting a strong year ahead for BHP.

Old resistance has now become support

This looks like it's heading to much higher levels over the coming weeks/months.

Momentum building nicely on the chart and the macros do indeed set up the scenario for something of a breakout rally throughout 2023.

ANZA has already thrown up grades as.high as 948g/t Au such as seen in hole MAP-079

It's actually the really large intersections averaging 3g/t with 50- 100m widths that the Majors are after and which make ANZA 'Elephant Country' and provide the tonnage for very large gold mines.

Initial drilling at Pepas has already shown:

150.90m @ 3.00g/t Au, 3.6 Ag and 0.15 Zn (from surface).
102.40 @ 3.73g/t Au, 2.27 Ag and 0.15 Zn

These are world class intersections, very similar to drill results thrown up from Havieron

APTA has continued to deliver multiple high grade large intersections .

Majors are here for 10 million oz+ and the Tier 1 District scale size of ANZA offers them that.

OMI market cap is 16m
GGP market cap is 436m

GGP SP really started to climb north after they entered their Phase 2 drilling program.

Newcrest confirmed their initial $10m drill spend at Havieron in RNS Mon, 2nd Dec 2019 and that they were going to move into phase 2.

Over the duration of GGP phase 2 their share price 20 x bagged.

> OMI are about to receive Confirmation of OUR Phase 2 agreement with Newmont/Agnico which will provide a further minimum cash of $20m for expansion drilling at ANZA + a further additional 2m upfront cash payment to OMI.

Clear demonstration of the value that can be added from a well funded expansion drilling program acruoss a Tier 1 asset in the making.

GLA

Just starting the move back from oversold position.

News throughout January and rest of Q1:

>> Assay results from Argentina
>> Re-Assay results from Pepas, Colombia
>> Feildwork results from Brazil
>> $2m contractual payment ro OMI (albeit this could come later on in Q1

>> Confirmation of the next $20m drill commitment (all free carried to OMI.)
>> Additional drill plans/targets & Spend commitments to come in from Agnico & Newmont.
>> Formalisation of the NEW Joint Venture Company
>> Details of phase 3 agreements + further cash commitments from Agnico/Newmont

Looking good for a strong move up from here.

Not surprised to see cheap sub 12p-14p tickets starting to be accumulated

Early buyers deciding to get in ahead of multiple updates due.