Member Info for safetyman

It’s an extra $50 X 100x 1000.

In my opinion, we are at the low price end of things for buying. Great time to buy. Wish I was buying my entire holding now. Have managed to buy some back that I had sold. Now if we were to ten bagger from here I could imagine myself getting a cherry feeling. With increasing metal prices, improved recovery rates, increased throughput per hour, increased working time from 5 to 7 days, higher grade ore and incentivised work force we should see improving figures- that could lead to refinancing at better rates, then if Regua high grade ore gets fed in - then licence arrangements and a JV for the Sao Martinho gold all come together, I think it fair to say the SP will pick up.

I do know that when digging, it’s not uncommon to find worms crawling out. It’s part of mining.

I think the Chinese price can be seen as APT at 88% purity or such. So that might account for the price discrepancy. Having said that, I don’t really know and I would defer to those with greater knowledge on the subject.

bridger- 300 per quarter surely,300 per month would be super stonking

139 tons, that would be nice

OMR, the phrase in question ‘rich as……’ and this lot are not familiar. Perhaps we are too old.hope you’re well.

Trosjan with tin up and tungsten too, it gives warm feeling. In fact, I wouldn’t want to be out of these over the weekend.

I agree with that Tonlin.. One query though, on the question of flooding, why did MM and the BOD not foresee the flooding in China this week? Perhaps they are doing the best they can at la Parilla and Wres at the moment, and are not weather Gods. I think good figures will be reflected on the expected RNS in August.

GUG, my apologies, ‘not ‘ invested ‘was meant. But then again if you are invested you could say so.

GUG, please don’t worry, you are invested in Wres and have stated it’s not a company you would invest in. However, it is understandable that you would be concerned if the company was not here as you wouldn’t be able to come on the bb, month after month, week after week, day after day, post after post to keep slating the company and other posters. Ye Gods, you might have to do something constructive in your life.

There is not stated target for July. However, it is implied that there Will be improving production figures implied in the RNS, primarily in the reference to year end target being achieved and that it states ;’ With increasing production and improving recoveries and plant utilisation, W looks forward to updating the market in August 2021 on the excellent progress being made at the mine at La Parrilla.’

I too, would be ‘quite happy’ at £1 per share. With knobs on.

Hi Mullins. From figures produced it seems the higher grade ore mostly provides more production of concentrate, not higher concentrations necessarily, albeit some it seems. It looks like our product does indeed have higher concentrations when using better ore, but I think it’s more about there being more of the stuff above the 66% from the feed, rather than an increase in concentration for the same amount at output. There are limitations to the processing at la Parilla, and I think higher purity is obtained from further non-mining processes. However, that’s only my opinion based on what I have seen on the RNSs etc so far.

Contained metal perhaps.

troajan, indeed, it looks like a downy day all over the place.

Also, I reckon there’s a fair bit of evaporative drying out going on in and around La Parilla. More bettered access and all that. Cracking.

GIT, why would anyone cry out ‘Harold’? ( got you there lol). Perhaps aSid James Phwoarrrr will suffice OMR for the time being, and I mean that in the sense of what MM was saying in the interview with regard to la Parilla, cracking in my opinion.

GUG: if you’re not paid to undertake posting, I have no understanding of your motivation or agenda, especially given the persistent effort continuously made in a company you don’t like. That posting at 15;55 is really scrapping around. All in my honest option of course.
In the meantime I consider the SP a great buying opportunity in my view.

Rod, me one thumb typing ain’t that great. Lol. Mind you, it is a fun time imho. Great weekend for Wres investors imho.