Member Info for Sanboy

Don't know much kr1. Will look at them

Interestingly i cant buy NFT as i am with HL. They sent me a message last week informing me that they will not be allowing trading as they dont accept companies who are heavily dependent on Cryptoassets.... So i bout more ARB and VLRM

Clowns R US

San

Bought 15k more of these as the MCAP still looks incredibly cheap. If the NFT bridging tech is right then this will be many multiples over the next few months/ years etc. Will be good to get more detail around the mining way forward and funding for it

San

Listing on the OTC is the news we are waiting for as it will give us exposure to the US market, although we may get something with regard to NFT tech which bridges FIAT currency to Crypto. Hope that helps

San

Nobody should underestimate the significance of this. New drilling, new strategy, drilling precious metals, and first time drilling since 2018

San

A lot of people said we wouldnt get here but now we are starting drilling. It's been a long time since the company drilled something...great news

San

Yes as its still early in the journey. The mcap is tiny and will only grow as this company gets more exposure to the US market. At the moment its been pumped heavily, but that doesnt mean significant value over the next few weeks wont occur.

San

Sliced that at 29.8, but the broker held me on the phone so long that it dropped from 36p. Anyway, slightly different here as we are in a consolidation period and the company is actually mining bitcoin, as opposed to early start up like VLRM. This share will only get bigger as the company build their BTC holding and forward lean on initiatives like green mining

San

That certainly helped, but from 38p to under 19p was as a result of more than that. Some LTH sold and that was against an assessment of the mcap and how much more it go in the short term. Anyhoo, i imagine there is some of that here, but with ARB its slightly different as the actual valuation should move each time BTC rises as the actual value of their tangible good is increasing. GGP has no product on the market. Thats whats great about this company.... revenue generating and only increasing with more machines and value of BTC rising

San

I think the main reason people are selling is the sizeable mcap of ARGO. We all know that in time this will double, but many will move their money into lower mcap companies where the potential in the short term is bigger. The same happened with GGP, where the MCAP inflated to a point where investors took money out to invest in smaller explorer companies. Chasing the rainbow and all that.

San

Well if you see all the people posting how to buy then clearly there is a lot of demand for this share. Once we get OTC listing then that demand will increase significantly as we get US exposure.

San

HL but you have to call in and pay a fee

San

Sometimes cross ramping is good as it provides visibility on other shares. As long as its not to get people selling here then no drama. For what its worth i just bought VLRM this morning and own ARB, both have significant upside!

San

Just called in on HL and bought into these. Had to double take on mcap based on valuation and imminent news coming. Got a nice 63k shares in sticky hands

San

Apro ignore my post i bodged it... half asleep :) I was meant to write 2moz equivalent gold and wrote about GT. Yes i would be incredibly disappointed if the gt didnt come back well into double digits. The initial presentation suggest 1-1.5moz at Olympic and that could well be an underestimate. Suggest i quit for today :)

San

My 12 month target is 1-1.5p, which equates to 30-40m mcap. I think this will be based on the below

- Processing area set up to process tailings and monthly revenue
- Drilling at M4 with grades of between 0.5 - 1 %
- Drilling at RH with over 2gt gold and silver
- Drilling at Olympic over 2gt gold and silver
-Drilling at MJ expanding beyond known veins

If we hit a JV agreement on the copper then i would suggest that 2 - 2.5p is achievable (70m - 80m mcap). I think it will happen this year, but im going for the lower target price as im more conservative in my older age :)

San

Happy no need to apologies. Although a small rig, it will still provide some understanding on the mineralisation potential. Remember that they have already drilled and hit Breccia at M4, so I' m hoping that trial holes to test the rig, but also to get some more detail should be achievable. It looks like they can step out across the strikezone and potentially could punch the sulphide area. Have you noticed that its not very deep, so a light rig should work. If you are in GGP then this rig would never work because of the depth to hit high grades. Nevada is known for high grades at near surface depth, so this Rig should be ok. The RC drilling is the more exciting of the prospects as its drilling undrilled areas and we are hoping the anomalies picked up on the grav survey are a huge gold district :).... but then think about the Copper at M4 with our light rig! 7 million mcap... April fools surely

San

Have i misread but we can drill now on M4 and have started with the concrete casing for the first metre. The permits are for Olympic?

San

All

This is a good day. Apro is right to question and hopefully a response is given. Lets get back to the most important thing and that is the drilling starting, which is great news :)

San

Simulator, you only need the infrastructure when starting to look at extraction. Obviously you need something to get a rig there but most of the licenses have something that we can get a rig to. Remember half the spoil heaps are already accessible, so no need to build roads. However, you are right we need to ensure that the tailings fund the remote heaps that cant be accessed. All the infrastructure costs if we hit a big hole should be capex cost covered if we get a JV in place / loan to extract. This will be deducted as part of AISC calculation.

San