Member Info for Sanboy

Completely different companies, so you cant compare them. GGP have an agreed JV, EUA are awaiting a buyer

San

Full Sale, 1.5 Billion (60p ish)

San

Rise you are a lost hope. Hopefully this gets to a point when you are more positive about the share. I was hoping you would provide me with an actual strategy. Not to worry, i think im not going to respond anymore as you don't want to discuss the company prospects

All the best

San

Slight correction 30% GGP with Newcrest having the option to buy a further 5% at market value ;)

Apro completely agree, there is nothing to stop the same happening here. The likelihood has increased due to the majors strategy change in investing more in smaller finds to maximise on the rising gold /copper/ platinum rise, and to replenish dwindling reserves (Check Newmont and Newcrest presentations this calendar year).

Rise, there is no value for you in hammering this share. Nobody is saying ramping, but try to look at the potential positives. Scratch the past and judge the BOD over the next 3 months.

San

Rise what would you do if you were CEO of this company?

San

Im starting to think this isn't just Friday FOMO . The price hike seems very high!

San

Sorry Lenoman, miss read your post. Yes agreed

San

So you would ask the BOD to justify why they are moving away from a previous failed strategy, to a new more sensible one to get revenue earning before looking at developing any JV. You do know that the value of the other assets in the back pocket have not depreciated? The mineralisation is still there and the price of Gold and copper is at a premium? Rise i'm lost as to what you want from this company? If you bought in high and are heavily underwater then surely a different strategy is going to improve your chances of getting back and potentially making money on this? I would be interested to know what you would do if you were the BOD? Personally I would look to try and prevent any further share dilution by looking at the possibility of getting revenue generating. Once revenue generating, the company can go to institutions and borrow money to help develop projects, getting them into a better position for JV.

San

Or if i sold at 17p on Monday and bought GWMO or OMI then i would've made a considerable amount more than remaining patient here.

San

Ethio ive been in the game a while thanks ;) You have to trade when the spread tightens to beat the margin. Try not to get to emotional about a stock, there are more important things in this world. Friends, Family, Health and all that

San

Ethio, it depends on whether the folk who sold cheap dumped it into a stock like GWMO or OMI which has bagged whilst this was doing nothing.

San

Think about it logically. Bring in revenue first, so you are in a strong financial position. When you start to look at JV, it puts you in a better negotiating position. Also revenue will reduce the risk of placing whilst waiting on a JV to materialise

San

Rise i think the strategy is to step back and use the funding to get to gold production on Jackpoint by the end of the year. They alsso want to spend the money in getting a better understanding of OLYMPIC and ROCK. Next year will focus on JV movement and i believe the copper will come back into the mix... Revenue generating first to fund next year

San

Share looking a lot healthier than last week, which is a great sign. I'm going to plump for news in the next 2 weeks.

San

Who is hypocritical? You've lost me

San

Noise, Noise, Noise, Noise, RNS, Money, More Money, Noise, Noise, Paddy Sat, Money, RNS, Money. Its like baby hearing, but for adults.

San

Back to no quote to buy but .282 to sell. Popping

San

No quote being offered to buy 500k shares, but getting offer to sell all. MMS want shares

San

Riseagain, i posted this on Telegram group, interestingly the majority of CODE1's i have seen have resulted in an RNS within 24 hours, but i think this may be coincidence. As you said, with all the communication channels about you would expect them to use those. Unless, theory here now, they use the code 1 for their advantage as they know about the "code myth" .

San

Hopefully the latter :) I just feel that could surprise us.

San