Member Info for Rob1967

Ive emailed brad but unsure if its right email address not herd anything.

Good point Seingred made about the 2m from majors. Its mostly gone where on brads wages we have achieved nothing in last 24 months except paying the board and seeing the share price being go down down and down alot more. So the shareholders have been decimated while the board have not suffered at all but there you go.

I still think they would have had talks for last 10 months about getting Anza back.

Can someone send me brads email and ill try again as Ive never had a response.

Way this is going it could be months before we here something except a raise.

Im not being negative just pointing out a few facts. a positive is the traders can buy more at these levels and seingred can say well his average is 2p or 1p. Also has he told you that he sold at 8p and bought back in 3p.

At some point brads gunna have to say something.

Doc, maybe the seller/overhang has cleared.

I have been of the opinion that the last week we have been slowly clearing the last of the placing shares.

From 3.30pm ish it was nt for 30minutes, not been nt to buy for quite sometime..

Been nt to buy any amount for 20 mins now.

Can sell over 1m though…🤔

GSA are also shorting AVCT, that's also not going to plan for them...

Everyone wants to see the deal go through ie shareholders not so sure about the majors they wanting blood again or else it would have gone through early this year.

Gold over 2500 atm and once rates cuts start so will go and silver so anything possible I did say early this year gold could go to 2535 even seingred cant deny that. i also said rates would be cut too and my friend seingred said rates could rise and gold would not go high.

Im still in the camp over next few years we will see 3,000 to 5,000 in a few years. the good doctor has gold at 3,000 in about five years. sorry doc youre five years behind me.

The big question is or should i dare say the golden question is will the majors be holding this up to get a better deal as gold zooms or are they waiting for us to run out of cash. its anyones guess why the hold up it but clearly they wanting more as this should per Brad have gone through months ago.

What you think Doc!

Are they now regretting the ridiculous short and having to buy back

Seingred always has an answer for everyone but why invest here if sooo negative why not just stick to your really zooooming cryptos and silver miners and others. how come you sold at 8p instead of when this went to 45p.

Why invest here when theres soooo many better opportunities.

When share price was at 4p your average that was a buying range for you. last week you said 2.8p buying opportunity now you say low 2s or 1p when they have rights issue and all this huge amount of shares to be issued.

We not vast resources they only have a rights issue once a month or if you luck once every 2 months.

Dr I bought houses from auction and they go through 3 weeks and others took 6 months down to lawyers solicitors.

Any herd who dont know but Seingred has sold at 8p and bought back and average 4p yes we know it off by hart. Well done my friend and the company will have to raise more shares. Yep we know and yes there over 200m shares not like vast resources whose only raised shares from 500m to 25billions and then consolidated share capital to 500m and now has billions and will raise again. to my knowledge they have raised at least literally 30 plus times.

Info only so 200mish think we doing ok even ggp has about 5billion. There you go.

I have a big average but nobody but myself to blame but theres nothing stopping me picking up more shares at a lower. Cant be doing with these people who blame others for their own decisions. hows the holiday Doc.

Well said Doc. The Anza area is great we just need to realise some of this and put a resource on one or two areas and I think we will get an approach from a local company as a partner if not then we will go it alone.

Lots of plus and lots of negatives all to play for place your bets.

Impy the rns indicate that negotiations could still be on going if so then this may take months as we know how the lawyers work that could be months to get over the line too.

All guess work so they could have been negotiating for last 12 months but we do have a letter of intent. Huge companies take ages to make decisions as lots of these things have to be approved by the board and they are only held every few months and what about if Agnico dont agree. its no wonder Brad is not smiling. The clock is ticking maybe that newmont want more now they see the gold and silver prices racing ahead.

Maybe they just waiting for money to run out.

Maybe it will be done soon. brad said end of June just a few weeks in a interview. Too many if this or if that.

All to play for. Hows the holiday Doctor!

Thanks for the info from Brad Impy very useful.

Karl Im just stating the obvious when I say a raise is coming, on 23.04.24 we had $1650m dollars if we burn through 150 to 200 pm then at best we have enough money to last 8 to 10 months at best. Do you run your car to last 3 or 4 miles before filling up no unless you skint.

Look at it a different way the lnger this goes on at least we not spending the 50k per month for the licenses that louis referred to. Im hoping brad gets this sorted sooner but either way he will need to raise some cash for other projects as well as this one either before or after they get Amza back. The question is do we buy now or wait and buy.

Anza is full of gold silver and copper and is a rich area. We are in a massive bull market and as I said before all goldies will rise massively at some point, and we not far away from that time as soon as fed starts to cut rates, it happened in 1970s it happened in 2001 to 2011. it will happen again. Maybe we should contact brad and chuck a boat load of cash in.

An update would be appreciated as we dont know if they still in talks or waiting on lawyers. if still in talks then its not good. Whats Brad said to you impy.

Karl Im not down about anything Im just saying what is going to happen if this does not materialise soon the board will have no choice but to issue more shares at a very very low price to pay for the salaries.

Lifes a gamble in everything we do so there you go. it just amazes me that this has drag on this long when Brad was talking about getting Anza back last November so they must have agreed in principle something then. maybe we are still waiting on lawyers maybe still in talks stage who knows as we cant always believe what the management say.

Here hoping. Funny how we not herd from MR Chickenlegs bet hes sold up.

As of 23.04.24 we had cash of $1,650.00 think we ae burning through 150k to 200k pm so thats four months down line so we have app 600k to 800k less. So around 800k to 1m dollars including the 500k to drill pepas so in real terms we have between 300k to 500k enough for 2 months more. They board will have to raise again within next 3months max so low and behold they need to keep their salary dont want them going short as they not poor people like some of us pensioners on this board who have already lost winter fuel allowance.

Heres hoping Brad gets his act together as we and he needs it.

In 2 weeks we fast approaching 2nd anniversary of phase 2 commencement not only another 2 years and phase 2 would be finished. its soon 5months when Brad said we would be drilling Pepas. I know sometimes things out of our hands and we can all be a little late sometimes but way things going its anyones guess when this will be complete. Every month and 200k dollars blown in directors wages and stock market listing.

I ask do you think Newmont is bothered not one little bit. its only a matter of time before we run out of cash. What the directors should be doing is saying we will work for free while this is over line. That would preserve cash. Newmont have done very little for the share price in last 18 months only brought it to this level.

Cheers ML, not sure how you knew that but it's good to know.

2.5m sell before close, been some biggish sells lately but that tops them all

Legalwolf, Brad said they wanted Anza back last November so to me they must have had negoiations well before November and he would not have said the deal would be done by April.

Its frustrating for us all how long this is taking and we all know whats coming. MM are taking advantage of this and marking it down on very very little volume. If people did not know we are an explorer so dont generate any income so issuing shares is part of the job.

Its been 2 years since anything has happened at Anza and Brad has picked up 360000 in pay since then for very little and as we know they have no skin in the game so it does not hurt them like it hurts us. if the board bought now or soon its a bargin basement price.

Lets hope Brads got a plan as upto now notes happening.

Thank you ML