Member Info for savs1907

Blakey - sadly it’s just the way their system operates. It was the same for my 500k buy today. It’s fairly simple though to work out which are buys/sells - just compare the deal price to the bid.

Not long to wait now for Molly - based on previous data, I’m expecting a significant uplift in resources leading to a much higher re rating of the SP.

As I’ve previously posted, this is just the result of a free market in operation. Nothing has really changed since Jan reported the resources at Paranaita, other than we now have a greater interest in Molly. The number of trades a day suggest that this is not really a day trader’s share. Some, who bought in sub 1p and need cash may be taking profit- nothing wrong with that. For me though, having researched both the company and the locations in detail, this is a medium to long term hold.

Good luck to however you trade.

No need to worry - simply the workings of a free market.

Personally, I rarely pay attention to such short term movements- happens to nearly all listed companies. Take comfort from a proven resource and an excellent and experienced leadership team.

As for smalleys- bless him, he can’t even count!

Well said VikR. I was content with the size of my holding here having accumulated a fair number over the past two years and had resolved not to increase further. However, with the drop today, I simply couldn’t resist adding more.

I see this as a medium term hold from here - hold at least until production. At that point, I might consider releasing a portion, depending on the price at that time and also depending on the prospects post production. I will certainly still look to hold post production- gold will be considerably in excess of it’s current value.

Currently this has to be the stand out prospect on the market- a proven resource, an excellent CEO and BOD and low cost of production and a product with phenomenal demand.

VikR - totally agree - its a very impressive set of results. The vast majority of hole results are well above the deminimus grade for a commercial operation - and this is only very early for Paranaita. In the event that Molly produces similar results, then today's share price is massively underrated. I posted some months ago, my estimate of Jan's NAV based on a producing mine - that was in the range of a minimum of 16-18p per share - that was based solely on Paranaita. I would expect that if Molly produces what the company is expecting, then that would add another 5-7p per share. Clearly, that is a little way off, but everything I've read and researched on this company, points to a very prosperous outcome for all.

Whl- in life I’ve found those that have to boast about their “ qualifications” are usually very sad, paranoid, and insipid individuals. You clearly fit that bill perfectly. I did ask you not to reply - clearly you struggle with our wonderful language. I will not be corresponding with you again - I have no desire to lower myself to your childish level. Adios!

Whl - like I said, he knows nothing about mining in Brazil - amazed you’ve crawled out from under your stone late on a Friday to post meaningless drivel. It’s always those uninvested that have a problem with a share rising significantly. Don’t trouble yourself to reply dear chap. Disfruta su fin de semana!

Zinger - agree - smalley is simply spouting rubbish - he's absolutely no idea about mining permits and the appropriate legislation in Brazil. A sad child who posts negative comments on several boards with no holding in any of those companies. Look like he's our local village idiot!!

Agree Dickie - he’s a sad lonely child who infests various BBs with his ill informed and uneducated opinions. In relation to Jan, he simply has no idea what this company is about. Only the other day he suggested that there was no gold! An absolute muppet and one that is best ignored. Doubt we’ll hear from him again once the next assays are in.

Limping - wow - what a martyr you are. Pathetic individual. Jog along muppet. Clearly have no idea about the simple principles of investing. Can’t be bothered replying again after this post.

Limping - I know exactly where this is - unlike yourself old chap!! Suspect your gripe is simply because you’ve missed out at lower levels- seen it so many times before from angry old men!! If you’re so interested in the company, you’ve still time to buy in and make serious profit! If not, LTHs here won’t miss you! Adios mi amigo!

Limping - got nothing else to do?? All you need do is research this company and check out the location to realise how ridiculous your latest posts are. You’ve made a right fool of yourself dear boy!

Jenson - closed at 2.55 - up .05 = 2% not .5 neither 20% - looks like simple inputting error at LSE. Having just seen the post on LinkedIn, this may well finish over 3p tomorrow. Once the next assay results are published it will no doubt fly again. CEO wouldn’t publish today if had any doubts about what they’ve got.

Well said Pete - doubt though that Candy will pay any notice simply because it’s all factual and truthful. He or she can’t accept the only way this share will move going forward is further south towards 1p.

He/she will no doubt post “blue days ahead”!!!

Brollyman says “share price is holding up well” - absolutely laughable when the SP has fallen from £2.13 to 4.7p in just 3 months!! Absolutely deluded individual.

Not only has the actual SP collapsed from £2.13 to its current level of 4.7p, the number of trades has also fallen substantially probably as a result of PIs realising that there is absolutely no money to be made by buying into this company. Not one of those supporting this company have ever justified with provable facts, why they believe it will improve- all they put up is generic statements suggesting jam tomorrow- sadly without any financial evidence.

There are still over 200m warrants outstanding at 4p. Doubt they’ll convert whilst the SP is at record lows- only other option for cash will be a dilutive raise.

Not a good place to be.

Agreed Pete - another 1m dumped earlier in the day. I reckon there must still be a fair number of warrants that converted previously yet to dump. There’s also well over 200m that have yet to convert. However with the SP at its current price, it’s unlikely that they will convert, resulting in the company not getting the cash. Reckon a placing could soon follow. Either way, looks like further dilution with the resultant further collapse in the SP.

Well that's a real grown up approach brollyman - "I'll just ignore what I don't like hearing, even though its the truth"!! Just about sums up the intellect, or lack of, of most of the investors in this company. If you bothered to research the company properly - i.e. look at its own RNS, published accounts, information at Companies House, you would see that its current NAV is certainly no more than the current share price. Having watched the interview with PK the other day, its clear that the company simply do not want to publish specific details on current trading, cash flow, new funding line etc. It was all very general, which in my past experience can only lead to a conclusion that all is not as it seems. He also never once mentioned the elephant in the room being the warrants issue. That may now become irrelevant once the SP drops below 4p, as no warrant holder will the pay to convert. That in turn may well leave the company short on cash, which could well lead to a further placing.

I suppose though, none of this is relevant to you Brolly boy, given that you only want positive vibes!!

Disfruta la fin de semana!!

PK came across as a very nervous individual - didn't instil any confidence whatsoever. Again, as with previous RNS put out by the company, it was extremely vague and light on details. He referred to the fund raise of £5m earlier in the year and described it as "expensive money" but failed to define what "expensive" meant - he could at least have confirmed how much net cash the company received.

He stated that the company was "essentially debt free" - what does he mean by "essentially"? Its either debt free or it isn't.

He stated that the company had a "healthy balance sheet", but failed to provide any details of what's on the balance sheet.

He referred to £5m funding secured at SPV level but again failed to provide any details as to cost, rate, terms etc.

He went on from a while talking about the AI data issues but failed to provide any details about potential customers, discussions, contracts etc.

Overall, a very disappointing interview for those poor souls invested here.

LeOracle- how refreshing to read such a well written, factual and totally true post. Like you, I think that JT is so far underwater on his investment in this company, that he will say literally anything to try and suck more PIs into investing, in the false hope that by doing so the SP will rise. His premise is based on the fact that because the SP hit £2.13 a few months ago, it must be worth that now. You only need look at the latest balance sheet to realise that the current NAV is no more than today’s closing price of 4.6p.

The number of daily trades has dropped off dramatically in the last couple of weeks, from well over 1,000 per day to less than 400. Perhaps the message is finally getting through. After all, £1,000 invested three months ago is now worth around £40.