Member Info for Rob1967

added 2 lots at 63.9p

CPT, its simple profit taking, also new buyers will be nervous buying in due to the huge rise we’ve had recently.
This pullback will be short lived, met coal prices will more than likely continue to rise and sentiment will return, maybe even today…
We are also expecting news on numerous fronts.

The sudden shift in sp seemed to tie in with the Biden announcement.

Just keep refreshing…you I’ll get in eventually

Brad said in the meeting tonight that there were 130 people working on site 20 of the geologists and others working on licenses or permits. Thats alot of people to say we only got four holes drilled in last 4months. I bet they are going all over other sites and getting rock samples. I bet they know what they got here. Smoke and mirrors come to mind.

The budget for last year was $4m which was spend mostly on Apta drilling again this year $4 to be spend mostly on Apta and we still drilling so $8m of budget being spent on Apta and some licenses for other areas. We still drilling on Apta and still working so if we spend this budget on Apta on a site which is easily accessible then how much will it cost to spend on others areas where they are five times as big and we have about another 5 or six sites to drill.

My guess is they will want to chuck kitchen sink at this project if they think its as good as Buritica or surrounding gold miners as most are 5m resources to 25m.

I got the impression that more drilling news soon as Brad said a few weeks then he added months maybe not to build expectation or just extend the date so I would expect more drill plan or drill results next few weeks only time will tell.

Also phase 2 he said JV partners in a hurry Ibet before gold really takes off towards 7,000 Id guess they want to get it bought out well before then. He said phase 2 20m over four years but they can spend the lot in one year or 2. Also phase 3 resource estimate could cost them 10m to 50m who knows but gave impression it would be expensive. I think from what I herd tonight once new company set up and jv own 51% I think they will really ramp up drilling as by then they will have all permits to drill north and south and will want to spend that 20m asap then go onto phase 3.

Remember if Im right and gold does go as high as Im expecting then every 1,000 dollars per ounce says them hundreds of millions. so they want to get cracking which would be good news for us all.

People do compare omi to GGP wether its correct or not but even Brad has said we are 2 years behind GGP and they went up 80 times from their low. They have a resource of 3.2million ounces currently. brad has said he thinks we have a big one something between what Buritica has 10million ounces to 30 millions ounce. Buritica was sold for 1.3billion Canadian around £800m around 2015 when gold was around 1500 an ounce.

I believe when the resource is defined gold will be trading inexcess of 3,000 to 7,000 but thats just my guess. we will get 25% of the market cap so Im hoping big word here that our market cap or value could be 1 to 3 billion depending on value of gold and how many ounces.

its all guess work but we can live in hope if ggp is valued at 600m to 1.5billion then we will have 3 to 10 times more gold than their resource. Thats my guess from what Ive herd from brad what historical grades Ive seen. Everything to play for.
DYOR

Todays drill results nothing special we have had 6 or7 drill results in 7 months not much in my opinion. The market cap of 22 million is only just above what the jv partners gunna put in phase 2 which starts in September along with the 5million dollars we got in cash makes the market cap a joke. Iwas hoping for something better today especially that we had no real results in 6 to 7 months and what do they give us not alot to say the least.

Gold running near all time highs and we running at all time lows almost. Think the JV partners are playing us. If there was not something material here then they would have walked along time ago. Just look at the historical grades they were mega. if things carry on like this maybe we will have to pay JV partners to take it off our hands. bet theyd like that.
Still think at this rate of drilling would take 100 years or more to drill all sites. JV partners agreement is another 7 years with another 5 or 6 areas to drill how long will that take probably at least that plus some.
See what Brad comes up with tonight but it better be good as lots of people are getting fed up.

Its on Vox..

One has to question why the directors have not got their hands in pocket and dug deep and committed to buying this share. Brads excuse was well we in previlleged info or Im not a rich man. believe me there are many here who have chucked the kitchen sink at it lock stock and blazing barrels. I know the Dircetors get their options easy money no risk but its good for directors to get out into trenches and get them shovels out and invest with the rest of us. My god the share price has been on its knees long enough.

We are all very bullish on here. I like your enthusiasm and commitment if we do reach 20p by Friday great but if we dont then no worry we need people like you to be super positive so stay onboard for a great ride.

Chickenlegs we have had 3 holes since July that is pathletic to say we have No1 No3 in world backing us. Theres lots of smaller companies churning lots of holes out month in month out so if our jv partners cant do it then theres something seriously wrong. As brad said theres hundreds and hundreds of samples and he says lots of samples of 10gt being retested unless we being lead down garden path this next rns needs to be someting special as it will be or could be a while before we get next one. 7 months in my book since we had anything decent. November holes were not decent think they were playing around edges wi grades.

Logoic tells me Agnico and Newmont know what they have here because if they were not happy they would not be talking phase 2 early. All rns come out on Tuesday 99% of time. however its possible if Brad is holding some aces up his sleeves and hes been sitting on these drill results and licenses then Monday it could be but it maybe Tuesday to fall in line with Webinar. Who knows everything up in air.

A lot more if we get another offtake agreement…around $350 would be nice

CPT…is today a spike ;-)

CPT, have you looked at the mkt as a whole ?
Not a great day across the board, even oilers are down and we have record oil prices, wind your neck in and take a reality check…

Cpt...this is not a sharp drop, this is a slight pullback and is expected

Let’s hope so Vic, surely its not down to Brad…Agnico need to be told its not acceptable.
From memory GGP get regular updates from Newmont.

Ours is hedged at $270, hopefully Adam will be negotiating another offtake agreement at over $300….

13.95p should look at bargain eventually..don't forget we were happily buying at 30p not that long ago….