Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
WHOPPER WHOPPERWHOPPER
nm TY CB
Being pumped to the hill on TWITTER
It has been said that if Racecourse comes up trumps they will extend the exploration North
This is gigantic, and extending North, makes this an even bigger find
with give us 3 x this minimum @500 BOPD
£100M CAP add in WN and Biscathorpe WOW
After Colin told us what we have yesterday, he has let the cat out of the bag
Even with $200 this is an easy one way trade..... Bring on the news, and KEEP BUYING
This is one investment that you can buy for 50% lower than its worth MINIMUM
Watch the RNS Monday, this is huge
Even if we
Stronger FROM 340m.
Currently at 405m.
Target Depth: 700m.
and we end up with say $300m whicxh is not the base case, but if you want to be extremely risk off the MARKET CAP of XTR alone is 6 x where we are here so 30p !!!
This is a no brainer trade from here
Patience prevails
So the deeper we go the thicdker the mass is..... this is what we expected
Its not going to be thick at the top is it !!!
Use your brains
Another FAB rns
So they were looking for mineralisation at 450m-500m instead found it at 150m
BINGO Msssive
Such alteration and mineralisation is typical of the hanging-wall margin above the Racecourse deposit. Drilling is continuing towards a planned total depth of approximately 750m.
* Short-seller favourites such as Pearson, Evotec, Klepierre and CD Projekt jumped on Wednesday even as the broader market sank. Their gains are far from reaching the levels of U.S. shares like GameStop and AMC Entertainment, propelled by bullish day-traders, but short sellers are feeling the pinch.
* “Hedges are definitely closing out some shorts” says Patricia Shin, Global head of execution at Kepler Cheuvreux, noting the Goldman Sachs EU Most Rolling Short basket has been surging. “This shows that some are hedging the risk of a bigger short squeeze in Europe,” she adds.
* “I would be careful about seeing this as a case of the Reddit crowd finding new targets right now,” says Neil Wilson, chief market analyst at Markets.com. “It is likely down to short covering as hedge funds back out of their positions in light of what has happened to heavily shorted stocks like Gamestop. This is very much about managing risk.”
* “A retail army chasing manias (Tesla) and fads (Nikola) is nothing new, but looking at the fireworks that happened over the last week in name like GameStop, AMC or Blackberry is simply mind-boggling,” says Oliver Scharping at Bantleon Asset Management. “I know of some high-profile funds who got absolutely hammered and incurred massive mark-to-market losses, not because their thesis was wrong, but simply because they were crushed under the collective weight of a few thousand Robinhood retail perma-bulls.”
* The moves may be less pronounced in Europe, given a less active retail market than in the U.S., but funds losing bets on U.S. names may be forced to seek liquidity on other positions they hold. The current frenzy, which began on Reddit’s WallStreetBets forum, has hyped previously-unloved stocks like GameStop and Blackberry, pummelling funds including Melvin Capital and Citron Capital.
* “There is the possibility that we might see some further short covering in Europe,” says Alberto Tocchio, a portfolio manager at Kairos Partners. Tocchio says the “de-grossing” started with retail and is ending with hedge funds covering shorts and selling longs. This may explain the recent underperformance of crowded favorites like lockdown winners Zur Rose and Delivery Hero, or green plays such as EDP Renovaveis and Vestas.
* “I would think all hedge funds are taking a good hard look at all their short positions and deciding whether they are worth it,” Markets.com’s Wilson says. “Shorting can result in potentially infinite losses, so the risk management is always against you if the flows are there from buyers,” he adds.
nm Not sure....
except that the market has got this wrong
No drilling issues on federal land, as permits have all been granted
Which means that they will need to close their positions which means PFC will got parabolic as there are big shorts and out of the money options here
in excess of $200m dollars...... Gane changing for VAST, not long to wait
Those interims were never going to be pretty, but the outlook is VAST
So from then on, there are no numbers for the year Dec 2020 - Nov 2021, so you want see sales etc
The Company is now on a solid footing to begin to realise the value of
BPPM and continues to be well positioned to successfully execute on its
Zimbabwe diamond opportunity.
Next announcement is that VAST have got the Zim diamond licence after the tender
VAST diamonds to be floated as a seperate entity
Bank financing announced for Romania
More shipments to be booked
Then... share consolidation
By this time we will be in 0.40's
The step-out drilling results provide further indication that the Stonepark resource can be expanded and increased closer to that of the nearby Pallas Green project controlled by Glencore, which has an Inferred Resource of 45.4m tonnes at 8% combined zinc and lead. If a higher grade at Stonepark is maintained as the resource is expanded and given the mineralisation’s shallower depth compared to Pallas Green, Stonepark could prove much more economic and lucrative for a producer to mine. It may be with this emerging fact in mind, along with the exploration upside potential between the two project areas that led international mining major Glencore to increase its Group Eleven shareholding to 27% last year.
The current market capitalisation of only £5.2m significantly understates the potential upside value of Arkle's strategically held 23.44% stake in the zinc-lead Stonepark discovery project and also overlooks the early-stage success being achieved on the 100% owned gold exploration interests at Mine River and Inishowen. To this end, we continue to recommend the shares as a ‘Buy’, with the strong belief that investors should be more attentive to potential future near term developments at this junior exploration play.