Member Info for Seingred

isashempski
https://www.youtube.com/watch?v=eZj0ntmcuU0

yep , looking lively today.

hi cf. yes v safe jurisdiction, multi mine, more development in the pipeline , debt free and cash in the bank for around $150m ,mainly in shares and that is at 40% above the sp. food for thought. seem to remember Ross Beaties equinox buying in Nevada too. similar companies and can't rule out even the possibility of them . I agree calibre becoming multi jurisdictional may make a deal with us less risky. would imagine them adding another outside Nicaragua first though. like equinox they are looking for projects that add cash quickly so I dont imagine a deal before production.
I dont imagine either mellon or mc having a problem holding calibre shares ,just has to be over £1 valuation lol. maybe a seat on the board. I would have no problem holding calibre either.
I still find calibre finance officer joiner us a bit curious. I would imagine there being something in his contract that would preclude joining a competing company . interesting times ahead one way or another.

lifeis hard, as jonathon just noted,I have the experience of being mugged over twice at christmas and seen a few othercrashers. what is stupid is to put all of your eggs in one dodgy basket. I take ownership for buying in here just as I take ownership for some very profitable trades. I think rainbows historic posting from 2018 would be worth a look , along with 2 years of further garbage.
what I cannot fathom out is why someone posting now about sav ing the planet would stick all his pension money in a frackin frackin project. jonathon my moniker comes from the reaction smelling misleading horse..it on these bbs.

hi c f, interesting. valued at c$178m and thats 40 % above closing price. was only the other day mentioning different jurisdiction would be more likely for them . most of the decent producers have risen 10-15 % in the last month. seriously thinking of adding calibre .

icb, yes the market does seem positive which is good leading towards a cash raise. A sustained move in the 40s would be positive . if pog has a sustained rise that would be very helpful looking towards next years financing.
re gold price ,the most important thing is the economics are good at the present g p . Anything could happen with gold price but the early 1980s peak was around $780 . 40 years later it is little more than double so you wouldnt have protected your wealth by holding physical gold. gold is a safe haven rather than a store of value imo. I think we will see bitcoin double before gold but I am heavy in mining shares and crypto and interested to see how it all pans out.
re the land, unlikely that it will not be resolved, just a question of how much, if any delays .

hi webbs, yes indeedy .I have a bit in square. he is going bitcoin.

icb, that sounds like it is possibly a fairly lengthy process if it is needed . also wouldnt write off the possibility of protest action by miners possibly. mc didnt think re settlement was an issue and didnt notify shareholders of protests action against it. Agree with A F , not a problem when its finalised until then its an outstanding issue. there will be a lot of bad feeling towards the gvnt after the sham election.
yes E L, irrespective of the actual situation it is an issue re investors until finalised.

Rainbow, I bet there are many workers in that plant that arnt stupid enough to put all their money in one very speculative share .I bet they wouldnt feel entitled to your fantasy scenario , simply by investing in a dubious fracking project in a far away land where the workers get ripped off. at least you are involved in an ecologically better project now! always a positive if you look for it.

good post c f. you estimate figures similar to mine.I reckoned on 15 maybe 20 m shares soon at around 35 p. 230 m shares with 40 p cent dilution,could possibly be 250 m . A toll deal would certainly change the economics and give the share price a lift before funding however if funding is pencilled in for 6 months time I dont see toll deal being struck and up and ready avoiding further dilution but could reduce it . one thing to bare in mind is the rising fuel and re agent prices. aisc rises are just starting to show through and will deteriorate as a result , so a rise in gold price is needed going forward.
The gold price is the joker in the pack. I agree, once in production we could be looking at £200m m cap Mako sounds a bit overvalued at £150 m compared to calibre to me . The quicker we are producing gold the better inc toll if it is a possibility. we see some outlandish predictions of $5k gold along with $500k bitcoin . personally would love both of those and anything is possible which is why we speculate. I m top heavy now in miners , particularly goldies but more in producers now. managed to get into poly pretty much at the recent bottom.
I am sticking with your first scenario, so hopefully there is room for pleasant surprises rather than unpleasant ones. may stick some ponzi profit in here a bit further down the line. the chance of cnr being sold sub £1are pretty non existent so 40p-£1/ is not a bad gambe to me from here .Anything above would be a bonus.

mr tibbles, yes the value of bitcoin moves dramatically .just imagine ,bitcoin goes up 10 p cent in a week ,you buy your shopping out of profits. bitcoin drops 10 per cent , just use your old fashioned pound. worth checking out what mr sailor at micro strategy has to say about companies adding bitcoin to their ballance sheet too. el salvador is the experiment so worth watching but Brazil and others are considering making it an alternative currency.it is coming for sure.

cheers b d. ok bit more detail than original post.still think at least the 10% option makes total sense . I am sure the new finance officer will make the best decision on that.I guess availability could also enter the equation.
yes , as usual results good . nice sp movement at last ,hopefully carry on to the cash raise. Been looking a bit ominous on that front of late. be good to hold 40p this week.
yes the unspeakables going great atm. lifechanging couple of months imv. g l.

nice one b dog. am I getting this right. $750 k gets us an upgraded motor that will give 10 % more throughput. No brainer surely, and a further $2.55 m gets us a further 12 % giving total 22 % for $3.3 m. 22 thousand ounces pa for $3.3 m and no need for an upgrade later . cannot see why you wouldnt do the full upgrade from the start tbh. Its small change in the scheme of things cash wise.
(great afternoon in the ponzis)

bng, I have been musing this one for a while,surely since payback is mooted as 1 yr it would have made sense to have upgraded the motor before it being sent out. I would imagine it being cheaper to upgrade a brand new motor for another brand new motor than replace 1 year down the line but I think it is symptomatic of the lack of definitive plan for a number of years including claims of 50 k oz production by sarria in nica media. I guess there is still nothing to stop the upgrading prior to production.plenty of time yet. makes sense to me.

condor pilot.interesting. since the gold price is little more than double its high of 1980 presently and went backwards for 25 years ,a trebling would be some move. this 40 year record is why holding physical doesnt appeal to me but maybe we will see a 1970-1980 level of appreciation. I note they also recomend the ponzi scheme lol and there are predictions of $500 k btc.
interesting couple of years,also very hard for many.combatting inflation is definitely going to be key. crypto and commodities for meall the way.

Yeah Kens a cool old dude. I hold a bit in cameco and thats done vwell recently. he doesnt see eye to eye with A bell the serial confetti machine operator and shareholder devaluer at rrr and formerly rgm.
heres hoping.ufo coming back to life today. Iam somewhat underwater on that one presently so good to see some traction.

ddd, where do you get 6 months for construction from funding ? your timescales are similar to mine. q4 2023 at best but most likely q1 2024 for commercial production. rns states q1 2022 for publication of the study which would include the engineering studies I imagine.
my estimate is funding q2 2022 ,min 1 yr min construction and most likely longer ,ramp up to commercial production at least mcs 3 months ,possibly longer. first pour could be q3 2023 . my bet is q4. aimo obvs
we are heading towards ' shovel ready'. sure I read that about a year and a half ago. herein lies the reason imv why cnr sp hasnt taken off . we are waiting for a feasability study that over 2 years ago was stated to not be needed along with toll mill were being mooted as well as being shovel ready and full ownership of land were stated as last years aims.This is why serious gold investors look for proven mine developers. cnr will no doubt get there in the end but calibres story since the newmarket team is one of completing stages ahead of schedule.
e l .what you say about calibres dilution and market cap is true to a point but you will need to factor in cnrs dilution since calibre aquired b2s assets and the two further raises to come here in the upcoming yr. calibres sp will rocket as soon as the gold price rises as a 180k oz producer imv. no guarantees for cnr though until production. calibre will always be a t/o possibility but also mentioned is to be multi jurisdictional which would be more sensible imv .

its a decent rns thats pretty much in line with recent interviews. now lets get that next raise outa the way please and maybe the sp may move on.

burleigh, yes gathered he had finally gone. they have been left in the b drawer for mostly a decade but added a few last year and watched the sp ebb away again. As you say , some interesting assets so one day perhaps. Big interest in uranium currently.

hi bd, my thinking has been last q and start taking out, but have been hearing that the cycle on bitcoin may flatten out . yes a crash has to be a possibility and if march last year is anything to go by everything will get hit. Also have to consider us economy may power out and the taper may well do its job. gold didnt like yesterdays news. As always,best to be reasonably spread imv as it is fairly difficult looking long term these days. just have to react to situations. crypto is moving apace as we speak and as I expected the china issue has only strengthened it and more in the us are seeing it as a chance for us dominance so only a matter of time before the fed starts hoddling imv. Brazil now looking at something like el salvador as well as some African countries.
yes , always a good chance that crypto profits will filter down into pms. I think crypto investors are less binary . always appreciate your opinion and good to have a reasoned exchange.
apologies for off topic but there is naff all to discuss re cnr apart from guessing future sp.

i been in thr for about 10 years ,been a waste of time for most of that time . billing is a confetti machine. have lost touch with it really ,(bored). but gather he is replaced. been in and out of cobr, been thinking about getting a few again recently while down. i like to be well spread , been loading up with producers mainly over the last month.