Member Info for Seingred

Bob, not convinced the 21.75 trades are buys? Spread been fairly tight of late. Does seem rooted around 22 p . I think we may well see a sudden move up in the not too distant future. 🤞

S t. Perhaps when those things instead of being close, near etc when some or all happen then yes maybe grizzling has no validity. Lot of ifs and buts still tho!

Jac, crypto bull getting close. Mstr , clsk Mara and terra for me. Obvs dyor. Israel May give a buying op soon unfortunately.

St, I am correct in thinking the last £500 k raise was for drilling am I not? Let me remind you you advised me to sell my crypto so as not to miss out just before the recent placing took the sp down to present levels. Think I will stick with my own judgement. Good luck tho and hope you are right.

Rob. We on tha same page. This whole scenario rests on a major re rate asap or a partner. Two ifs. Agree if they get a decent jorc out that should give a decent lift and tbh I will sell it! If there are further delays in deal, mining this jorc then everything looks poor. Hoping deal completes soon but taking nothing for granted.

Nice run in aaz recently, any one else aboard. Good gold and copper producer currently £112m m cap just for some reality on values.

Hi doc, did he mention digging deep soon or if he was expecting more options?

123, no it doesn’t hence why I am adding however I am looking for a spike to de risk on. It is hard personally to see when we have had close to 25% dilution this year for about £1.4 m how this and other projects will progress. We know that that doesn’t even cover 1 years running costs. Some external deal will be needed. Still high risk but possibly high gain. Let’s see how long before deal completion and that massive jorc! Remember not only did you think for months that reg approval was the only hold up, you also thought completion and mining before any placing.

When do you reckon for mining and how long for jorc? And how big?

Surrey, well yes that 150 k oz this year would have been marvellous.

123, 😂. I have never had shares in a company where the bod held so little and it does for sure restrict confidence to get in too deep.

Connect, china just anounced massive stimulus package for housing and cheap rates for share buying. Steel prices rising and copper most likely. I have added a bit more copper producers recently and alibaba. Dyor obvs. Hinting at crypto legalising too😜. Will be very surprised if Cnr doesn’t go Chinese.

Dr, is that supposition or from the nags orifice?

123, all investment experts will tell you the same, if the bod don’t hold decent skin in the game it is massive red flag. Pointless you trying to gloss it over. Same goes for funders. That’s why the large discounts are offered.

Hi Rob, looke like we have traded places😜. You sounding more pessimistic than me. You are right of course. This funding will only last into early next year and drilling needs to happen asap even tho it is now rainy season. Still regulatory approval 1 day time., sat lol. I am adding but not putting huge ammount in . Better risk reward elsewhere despite 123 advice.

Hope you are well.

Hi connect. I think so but have to bear in mind it’s Azerbaijan and any border trouble with Armenia hots the sp . Transitioning into more copper buy also gold producer.

I have bought mainly when it’s been hit with trouble. So not without risk . Dyor

Don’t have many uk reg goldies after Shg and Cey deals this year. Been buying cmcl recently. Most of my shares now are across the pond.

****s, having bought his non dom lighthouse i think chances of mine build are v remote. the gold bull run is fortuitous and there will be a deal just a matter of more time. will be v surprised if it is anything but chinese.

nice little run in aaz currently. had two takeouts this year could that be next?

Hi Jack, my answer is the same, $500 k minimum before having to raise. I gues the nomad may have some say in that basically making sure they remain solvent. No telling when news will finally come. Perhaps expected better performance on news? When you need to raise you need to raise but I see your point which may well be valid.

On a different track entirely, Hm customs have agreed to re instate us fractional shares in isa. Great if you want to gradually accumulate expensive U.S. shares. Mstr was around $1600 until doing an equity split. Now $160 .

Hi connect, not a strategy I invented. I have made plenty of mistakes and still do. Painful mistakes made and learnt particularly 12 years ago or so but definitely getting better! These bbs are bad for encouraging over optimism and caution is generally jumped on. Aim explorers are extremely hard to make cash on and it will be in the short term that peeps make it.

🤞 as now is the time that the sensible money is likely to pour in all of a sudden.

Good luck

Yes I know it was . I have a bit of a different view. If you are at 20 p average it means you are going to have to bury multiples of your holding to get anywhere and to be honest this is far from a safe bet. My intuition is to trade and hopefully build ammount of shares without investing large sums extra. Obviously this only works when shares are dropping and you can come unstuck but was a valid strategy that imv should have been taken way before being at these levels. Granted it is hard to call bottom and I judged bottom wrong a few times.

No not the hundred folds, are you Bhargav alter ego😂

Yes been adding. Up to 3p now. Should’ve bagged some more at 2.7 earlier . Oh well

Jac I think it is standard procedure to not go below $500 k in da bank and think that is the reason for the raise timing.

El, each to their own, what amuses me slightly is that peeps seem to post they are buying when the sp has risen here generally which does give the impression that peeps arnt buying in the lows. Never heard anyone criticised for posting they have bought and generally helps give confidence no? After all mentioning conceived negatives is bad for sentiment and sp according to many ?

Anyhow, the nub of my original post was that mr negative is buying ! Ramping surely😂. I assure you I don’t announce my every transaction.

Anyhow again good luck and let’s hope we can have this wrapped up by next April.

E l, good luck. And hey look , now peeps are talking about buying. The idea that peeps here secretly buy and want to keep it to themselves is amusing . Price seems rooted at 22 p atm. Anyhow I am fairly confident that a deal will eventually surface and 100% is ok for me. I think considering there have still only been 3 site visits I am not convinced at all that Mellon could have sold under 50 p already and above mc reward of 40 p. Mc refers to materially above current m cap which is about 60% below 50 p so massive grey area. However I have always thought Chinese would be the buyer, Chinese companies are the main concession holders now so a fully permitted mine makes perfect sense for them and Ortega.

Connect, understand your scenario. I don’t have much free cash to sink that’s why I trade, to hopefully increase holding, reduce average . Also switching when it makes sense into a faster horse and returning. It has worked for me. Obviously a bit late in the day here now but is a strategy that can work elsewhere. Obviously we all see things differently and hope we clear your breakeven.

Moo. 2 days lol. According to 123 3 months ago we were only waiting for tsx approval. I would say you can’t make this up but clearly some do😂

Getting close to 3.5 av now . 2.75 to buy atm. Wonder if it will get any cheaper?

Like me mr lion you can post what you like but deffo hypocrisy to claim I police what you say. Over the years you have always made it personal when trying to close down my posts even though after the event you cannot actually tell me anything I got wrong. Like a few others when all said and done here probably worth checking your own posting history and reflecting. No I don’t care either.

Onwards and upwards.

E l, yeah sure. But happy to predict multiples 😂