Member Info for Sanboy

Apro it will come, just a bit more patience needed. As you well know many people lose on AIM due to gambling on a stock and getting bored. Take a look at NCYT, EUA, GGP, they had big price dips but if you were patient and held then you would be on thousand % profit (over 9 months may i add). Its a waiting game and im happy to hold for a significant amount of time on these. After reading up on the new board, the strategy, the projects and then assessing the current market valuation it just seemed like an obvious play. It could all go wrong, but thats the risk we take :)

San

Hopefully next week with Rock sampling results

San

Stop looking at a screenshot

San

6 million to sell at .263. Can only buy 600k on 0.27

Speaks volumes, pardon the pun

San

And again cant get a quote for now 1million shares, but can sell all mine.

San

For all folk looking to invest. When this spiked to 2.5p it was grossly inflated and overvalued. The market cap is now a fraction of that with the same assets. The company is close to producing a quantity of gold which will help FUND future development work at Rock and Olympic projects. I would take historical performance with a pinch of salt. Here and now is key. The big question is, if you think the company is worth more than 6 million. If you think it is then now is the time to buy

San

So ive noticed a lot over the last 2 weeks that i can sell all my stock, but once again i can buy up to 2million. Above that figure i cant get a quote. I think we all know whats happening :)

San

Yup. Sensible also to Derisk. I will buy stock I sold this morning. If It doesn't drop and news comes in then I'm happy with the small amount I hold.

San

Bought more. Rude not to

San

Yes Jaffy i stand by that too. Never really understood that statement, unless direct link to US

San

Well actually not entirely true. If wall street opens with optimism then it creates a ripple effect across the UK markets, even if no connection to EUA. More so FTSE than AIM to be honest as more transactions occur between those FTSE companies across the POND. However, agreed its mostly cobblers

San

Holy Smoke Z that's a nice long hold!

San

Judge were they questions to answer? IMHO this share will be nowhere near those figures you stated in 6 months on a go it with Sino scenario . The valuation of this share is only on the hype of the sell and if that doesn't materialise then expect this to drop like a stone. That doesn't mean the share wont be successful as they still have a nice license with some big stuff under the ground, but you will see a huge dump of stock and it will take a good 1-2 years to get back to these levels.

San

Rowka agreed, but some of the timeframes, even from the bod, are unrealistic. Its irrelevant though as i think we believe a sale is imminent ;)

San

Ferg , sorry when i say go alone, i mean mine it themselves with Sino :)

San

Pete good to highlight those points and company is in a sound position, but people have to be realistic about timeframes. If EUA do go it alone then significant work will need to be done on understanding the size of the beast, complexity and depth.

San

Left, i would take that with a huge pinch of salt. I have been in numerous shares that have presented about production timescales and have been way off... And when i mean way off, i mean in years. This coupled with external current factors, like COVID, contractor availability, inclement climate, mining application process etc.

San

San

So how long do you think its going to take to size up the shape and size of the beast. Drill holes, JORC, Decline, permissioning, processing, infrastructure, equipment lead times

I will build you a semi and throw in a new lawn and fencing

San

2-4 Years to get to a mine. Dickie are you a builder :) No chance

San

They have an agreement with Sinosteel i believe to go it alone, but that greatly increases the risk. For a company this sizes, a sell of the company is much more lucrative, less of a headache and quicker turnaround

San