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DH are you stalking Troajan? He is old and he smells, are you sure you want to go up this road?

Troajan, that was the guy that was the elf warrior with the bow on Lord Of The Rings.

Today on Bloomberg I saw one guy predict a big crash just around the corner, he based that on the USA debt being far worse than in 2008. I saw another analyst say just how good it all is. Me, I just bunged me dosh into Wres, that’d do me just fine. Analysts, I’ve shat em.

Inkisblue I hope you ain’t going to start on the ******* name inference thing again.

Oldskool, what is all this about tailings? Could you run it by me again, that way it will save all the ‘ what about the tailings’ cycle. You know they got to try it.

Referring to a earlier post about individuals and what they bring to the table. Meeting someone is a good way to find out. Which I did on our visit. As it goes Pablo’s family come from Salamanca (my daughter lives there). He seems a shrewd guy imho, and his family are involved in large business ventures in Spain. My understanding of what he brings to the table is a thorough understanding of business and finance as carried out in Spain.

3cv guy. The grant required 25 Spanish employees to be employed. Well that’s my undestandind. Once that happens the money gets released.

... I should say; what about the tailings? What have the tailings ever done for us? .....and herring are fluorescent under UV just like tungsten in scheelite. The resource was always there ( as I have always maintained), once we got the finance and this team assembled the outcome was inevitable.........we start to move upwards and my predictions of 3.4 eventually moving to 10p seem more readily available. .....0h did I ever tell you about the gold, it being Gloden wit gunnets strewn all about?

Cuts: I have been involved in commissioning of equipment etc; delivering and plonking machines and framework is a relatively quick thing and it makes a considerable visual impact rapidly. However, electrical connection, alignment, tuning, calibration and adjustment takes considerably longer without any real visual difference. So I would have expected a lot of visual change initially with a hiatus on pictures whilst said commissioning takes place. Hence, not a lot to photograph for a bit seems right to me. As to an RNS on other matters I do not know........ 2 million ozs of gold would be nice.

Just thought that I would comment on your opinion of MM. He is not perfect, nor is anyone else. He had previously let us down on timescales. However, at least one of those was due to proving up the ore resource at La Parilla; the extra drilling took place at nth behest of Fernando the plant manager - I know this because he told me the whole story including how he persuaded MM to go along with extra drilling ( to MM’s credit he listened to the expert advice). The result of that was we now have a much bigger mine there and was no doubt part of Blackrock reasoning in providing the loan. Also having met MM a couple of times he is very focused, hard working and he makes lots of sense. He gives detailed conversation on the financial management and is open to questions. I find him impressive ( and that is just how I see it) he has people there that have joined in the workforce having worked for MM previously when he was a major player in the transformation of Fortesque- they have high praise for his effectiveness. So I don’t know if he would ever be a friend because all he engages in is work related stuff, but for me I am happy that he leads the company. So personally speaking from my contact with him and those that work, and have worked with him my view on MM is different to yours. Top guy imho.

Not too top

At a hotel Merida,one evening in September, in a lovely i garden I was sipping some wine and eating bits and bobs. Michael Masterman was talking to some investors- he said we would be producing revenue of 2.5 million per month next year: the next day we visited the site which was very impressive, we spoke to managers and engineers, we saw concentrate being produced and the new kit being installed. We have seen pictures of more installation work since. In one of the published group photos you may notice a strikingly handsome chap, that’s me. I do not recall K3 saying we would be producing 2.5 million this year. However, I think did on one of the podcasts in October that we now expect to produce 3 million per month. The main production is to start in March, MM has said we are ahead of schedule for that and under budget on the installation. MM also spoke a lot about the importance of strong financial control. So from RNSs, meetings with MM, pictures on Twitter, conversations ( and interrogation by me), observations on site and the impressive CVs of MM and the team it all seems too top. Also on KV3 he is a very factual chap as it goes, I have not noticed him saying the production was this year (other than that we are producing on the old kit which we saw on the site visit). Anyway top investment imho.

bob, the other day I was referring to an 'old boy' I used to work with. On reflection I am older now than he was then. as for being where we are, you correct. We are what we are and where we are, hindsight is the philosophy of fools. Use the strength you gain from your life and move forward.

to paraphrase; 'the stockmarket is a vehicle for the impatient to give money to the patient'. Well certainly seems to be the case at Wres. Prior to my investment here, for the most part I did blue chip stuff moving backwards and forwards between rises and falls, a little dabble in aim. Did well for me, and if I exclude getting me bottom slapped on crashes I could have done magnificently. This one though those has the makings, imho. of being rather special, so I just accumulated. Would have liked to have top sliced some on the recent rise and come back in....but, with the gold in the background I am just too frightened of missing the train. So I am being patient. Not being sharp enough or quick enough, its best for me. Not many more sleeps now. 'Fruition' lovely word that goes with the word 'serendipity' (I came across these long time since when I was looking at over things).

The "Oracle of Omaha", he has no use whatsoever for charts and their deeper meanings., Buffet's disdain of this tea-leaf reading is well known. "I realized technical analysis didn't work," Buffett has said, "when I turned the charts upside down and didn't get a different answer." ….Buffett is hardly alone on that score. Others like investing legend Peter Lynch have joined him observing once that, "Charts are great for predicting the past."
having said that I should take a balanced view and consider the other side of this; I myself have based my investment strategy entirely on my breakfast toast presenting an image of Michael Masterman with the Madonna in the back ground.
This is a very strong buy based on facts, some of which I have personally validated on the visit to La Parilla.imho.

And farty too.

Predictive text...,. Chrimbo

Brussels sprouts will be expensive this chromosome due to shortages. Good to get in Brussels on the fatty vegetable commodity market imho.

I believe that I have broken the 10% rule.

Dis pick able. Won’t let me say out on predictivevtext