Firering Strategic Minerals: From explorer to producer. Watch the video here.
All of a sudden its tightened right up. 24.1-24.6
I just took some more as they offered 24.7 so took another 400k.
Just waiting on them to play silly buggers again. It’s hard to get a quote when they do.
Kev, every time they take it down it gets heavily bought into. With the lack of real selling going on it’s really going to squeeze things.
Just shows what support this area now has & how quick these aimers can move onwards. I couldn’t buy anything in that window. It didn’t encourage the seller. It’s going to go up fast again soon.
They are happy to take large amounts and buy quote for .28 is nout!
Some grades from one the ggp projects recently reviewed, didn't really slow it down. Our indicated appears far better quality!
Crescent Zone containing 18Mt @ 3.8g/t Au and 0.61% Cu for 2.2Moz Au and 110Kt Cu.
· Breccia Zone containing 34Mt @ 1.1g/t Au and 0.15% Cu for 1.2Moz Au and 50Kt Cu.
Prickly, I’ve got another one left if they drop it again. I suspect that they might give it one more go at trying to scare a few out.
Good buy, interesting they didn't get anyone flap with that bid either just lost a few more shares.
Wow that was brutal they took the bid down to 23 with buys @ 25.1 then straight to .27 in a blink. Just shows how it gets bought when they test it. I thought for a second we had seen an rns
Some time this week I’m expecting to be honest. I don’t believe that to be unrealistic.
Welcome Jon
I see this stock often mentioned on here rose solid from 9th October to the 19th with nearly identical shares in issue. What was such ground breaking news to cause that rise. I’m not even aware of where or what they are mining.
This stock outside of private investors has 1.4 billion tightly held on the last update.
As much as that would see me on lottery winnings I could only dream off that's a £750 million market cap approximately! That's some ask even in my confident outlook.
they say Mining contributes to 25% of the country’s income. It is the largest contributor to the Namibian economy.
Five major companies account for 95% of the mining income.
Five controlling 95% of the income, what a place to have a potential copper district!
Infrastructure already in place.
The fact the project area has good infrastructure and a history of successful mines owned by major mining companies is such a positive as the project will be faster to production and far faster to offload to any of them majors once we have proved up more of its value.
Truth, I think if Gorob comes back with good assays you feel that Hope would all but be certain to be encouraging. I would just love to see something that exceeds expectations. Some of them figures are pretty impressive to other exploration companies I have previously researched or held. Is anyone currently involved in many other exploration juniors they can compare notes of economically viable grades on?
Hope Project Background
The Hope Copper-Gold Project comprises three exploration licences, EPL5796, EPL6605 and EPL7170 (under application) covering over 1,200 km2 of the highly prospective Matchless Copper Belt within the stable, safe and mining friendly jurisdiction of Namibia. This Belt hosts multiple high-grade copper-gold Besshi Type massive sulphide deposits, such as the historically mined Otjihase Copper deposit (>16Mt @ 2.2% Cu & 1.2g/t Au) to the northeast of the Hope property.
The Bezant project area contains a series of copper deposits, of which three make up the combined mineral resource reported above, namely Hope, Gorob-Vendome and Anomaly. The Hope deposit itself has an Indicated Mineral Resource of 3.09Mt @ 2.53% Cu and 0.84g/t Au at a 0.7% Cu cut-off reported in accordance with the JORC Code (2012). Historic drill intersections include 23.31m @ 1.59% Cu & 0.23g/t Au from 464.09m, including 9.68m @ 3.18% Cu & 0.42g/t Au from 477.17m (hole HDD82) and 10.12m @ 5.72% Cu & 0.56g/t Au from 525.57m (hole HDD91). Gold is an important accompanying mineral to the copper deposits of the Matchless Belt. This was not always recognised previously, leaving scope for adding value to many of the prospects along the Belt, including Gorob-Vendome.
Metal recovery during previous ore processing tests was excellent. Metallurgical test work at the Hope project indicated recoveries of 96% copper and 84% gold to a 28% Cu grade concentrate via conventional flotation.
Welcome back Truth.
If these assay results are anything into the entry of high grade or exceed with hope underway and Mankayan still bubbling profit takers will naturally happen but I can’t see it retracing to the same levels as foundations will have been laid by adding value and the price would get bought into so quickly with more developments ahead it would keep it up higher. Eua has been on a strong upward trend for months as it awaits unfolding news. Others have done the same. As others become overweight profits will need to be put elsewhere.