Member Info for Sakura7

Close a deal in May or June? Really? I doubt it Simms

The much referenced Lassonde curve depicts a share price increasing as construction progresses towards construction. The less referenced Sakura curve is where, in a high gold price environment, a share price tanks as construction progresses for no apparent reason . Worth publishing?

I am deeply sceptical of DB’s prediction about an acquisition announced in H1. I really hope I am wrong!

Like you without dilution I am not sure how we will pay unless it’s a gold loan

What would you have done in his position?

West what was wrong with Jim Mellon? He sold the mine successfully to MTL . He was chair at a time when the gold price was low and it was pretty much impossible to get funding to develop a mine from scratch. Did he not make the right call?

There is never good news on Friday

Lee I don’t think that is fair. Personally I thought the MTL deal was pretty fair even without the CVRs. There has been no bitterness on my part.

And obviously I have not sold MTL shares because I have for more than 15 years been aware of the potential of La India

Lee you have to keep in mind that some of us bought La India years ago. Praising DB for acquiring it means little to us given it was up for sale and we were ahead of the game. We have always known this is a huge district - at least 5 million possibly 12 million. We have a mine 40% built which is good. But the share price has taken a hammering in part from overpromising and poor communication . I have gone in the past 12 months from being a DB fan to be in the same position as EL - the jury is out. These concerns are not capricious. I am an experienced investor and look for consistency. And judging by the share price and comments on this board EL and I are not alone in our caution . I am looking forward to the time when a new project is announced, the resource has increased and the share price has doubled. I look forward to your being able to demonstrate that DB was right all along

Thank you for the information tornado

Lee - you sound like Donald Trump with your conceit!

Tikitaki - DB did not “pull La India out of the hat”. It was developed by a team there, it was shovel ready and it was up for sale publicly.

He has promised us a new project in q2. Let’s see if he pulls something out of the hat this time.

As recently as 6 months ago DB was touting Abra as the long term future of the company. So he has over promised in my opinion

Pedro it was scarcely a masterstroke to acquire La India. Bear in mind most of the shareholders here - at least on the condor side- were fully aware of the potential of the region. What has really unlocked this venture has been the funding and the rise in the gold price.

Punter64 you are fighting the mighty forces of conformation bias!

Bad news is just a buying opportunity. You are either with us or against us

Thanks T. Hopefully that means we will get some results this quarter

It was not up and running in February

Do we know if the lab is up and running yet?

Maybe but a lot of posters talk up the share price constantly. So that goes with the territory. I work on the basis that people - for good reason- have little interest in my posts and they are therefore share price neutral !

LMA - hopefully no effect on our share price. Personally I was grateful this was posted

Not me