Member Info for Seingred

Wolfie, spot on . Not going to replicate that post. Suffice to say this bb is similar to the last 10 years on Cnr bb . Only peeps are finally smelling coffee there. Some peeps need to do research on resource definition and what is needed to go through the various stages to a reserve status !

Let’s see when the drill turns and how cash is raised.

Breaktwister. Am I understanding your post correctly. Did you just say 3 m oz reserves in next 12 months.

If that is what you mean, that is the most ridiculous prediction I have heard in a long time.

Burittica only had that kind of reserve from years of drilling.

11 m oz jorc estimates.

Hi Rob. Not really up on the athletics tbh.

Re interest rates. Do you remember me saying that they were not going to come down as soon as you may think. Us is the main market. Has not reduced and looks like one reduction this year. Stubborn inflation.

Even though the pog has done well. Producers are nowhere near 2020 highs and drop seriously when pog drops. Do you hold many goldies?

I am in a few gold and silvers and they are patchy.

Peeps can see the cash burn for last 3 years with no exploration so we know gonna need around $200 k p m before drilling. So $2 m for the next year for lights on money. How much for drilling??

Everybody is absolutely hanging on a serious re rate before a cash raise. What if there is just a spike and retrace??what level of sp do peeps expect a cash raise at next time. Let’s not be shy guys? I will be surprised if it is over 5 p personally. And it won’t surprise me if a raise is incoming before drilling starts either. Time will tell

Could be worse could be paying mellons 18% interest rate.

Big man, imagine the interest lost if you have been buried in here for 10 years .

Hi bt. I am saying I will be surprised if there is a jorc by year end but let’s see. Yes I believe as usual he is being over optimistic.

A 500 k jorc will not give Omi a £50 mm cap sorry. It will however raise the sp. For how long who knows. Unless there is a j/v the funding of this project is going to be painful.

Totally agree with legal. However at 4 p av J am happy to see how we go and a 1 bagger is ok for me. Ggp raises its head again lol. This is what I meant earlier dr.

Funny tho that I was countering Bhargav ggp link as well as others and now he is saying this is not ggp. However this is not ggp!

Https://m.youtube.com/watch?v=NrcemZpOmpI

Dr, that is the plan yes . But to be fair we have seen a fair few plans go awry. I believe we are not too far away from the point where more cash will be needed. Let’s see.

Yeas maybe there is a j/v lurking. Until one is anounced I will not consider. There isn’t any proven resource and 3 m is an easy figure to pluck but have you any consideration as to how much drilling ,Tim’s and cash that involves?

Cnr has a billionaire investor and still taken around $90 m to get 2.4 m oz .

😂

😜

Bhargav, even if the dp had crossed 50 p, that still didn’t justify paying 50 p which is what you were saying at the time. I said at the time, not only were the forecasts ludicrous but that it made no sense paying 50 p when they were : p not long before . Made no sense!

Dr, holders with low averages will hopefully be rewarded soon. What about peeps who couldn’t afford to constantly average down and bury more and more cash?? All the ramping in the 20 s, £1 sp forcasts? No accountability there?

I am sitting ok as I didn’t buy the hype being chucked around then and am yet to be convinced now. That said I can be convinced and am not in a loss situation and never have been in this share thankfully.

Dr, wasn’t specifically referring to you but it is fact that peeps were continually brights skying things here when selling clearly was the best course of action!

Dr, I didn’t buy the last time we were in this region even though many were predicting the end of the 4s and deal end close. I waited for the retrace and bought again around 4 p. Buy the tumour sell the news may well rule here. Spike on news then re trace. I am setting a small limit sell around 6 p and then see what happens. Doesn’t pay to take anybody on a bb too seriously when gambling your own cash!

Ok doc, well I would counter that with the bucket loads of ramping posts all the way down to 2 p. Where’s the accountability on that one? Or the accountability of news from company re next phase. Personally I get the heebies when I see over the top ramping because this is what helps lose peeps cash. Unfortunately have to throw that one at you Bhargav. We had a lot of disagreements when you were pushing up to 50 p to buy. It was ludicrous .

Well if a poster like bhargav influenced another poster rather than the ceos performance thus far I would be looking at the ceo and asking questions.

Apart from the last rns !

Listen here 123, I will absolutely stick with my view thank you. I have looked after myself in this share for last 4 years . According to Brad we were heading in to the next phase so you will have to excuse me if I am cautious on any information from him.

I am not willing this to fail, I do hold and hope we see everything transpire, however peeps that were convinced that brads original timescales were good getting indignant when slippage is pointed out now is pretty annoying and sexing up and trying to cancel legitimate concerns also.

If and when we get the 8 p that some interloper suggested for 2 months ago I will be happy, now let’s see it .

Meanwhile I am enjoying crypto rally

Gnight

I did not and am not saying that is a lie. What I am saying is the deal is still non binding and in negotiation. There are more than one thing to tie up. It is disengenuous or stupid to portray just Canadian approval as the only thing holding this up.

Share trader, I do not believe that Canadian approval is the thing holding this up. It is stated that negotiations are ongoing re agreement!

Stoneo, I think you will find that generally, punters look on the bright side because it is hard to admit you may have called it wrong . And Karl , the obvious most sensible scenario was to sell way before dropping to 2 p from 40 p then re buy, getting twice as many shares for the same money.

Stoneo, It was obvious that the timescale was over optimistic as ever. It doesn’t however mean that it wont complete and that the share price won’t rise even if it is short term. However getting the asset back is just the first hurdle. Let’s see what funding plan is forwarded. I am yet to be convinced but not heavily exposed here and just under 4 p av. for peeps with an average over 10 p, well good luck with that.

Karl. Well the problem with just holding a couple of shares is if you get it wrong that also gets magnified.

Personally, I hold over 50 shares and 30 cryptos. I trade between them often depending on what is moving. That’s my strategy . I used to just buy and sit tight but really doesn’t work in aim as this share shows. Only hold a few aim shares now. Palm is currently doing ok for me but obviously as always, timing is everything.

When you look at price graphs for tech shares like nvidia. Tesla clsk mstr etc , you really don’t have to risk all in aim casino shares to make great returns.

, it’s not easy making cash in these shares . We do have a decent pog backdrop so as good a chance as possible. Just remains to be seen. Good luck everybody.