Member Info for Seingred

Contd, pumping 25 p Cnr while long term holders generally hold the 15 years of losses. That’s how it goes.

Cheers for the reminder frenchy cos this bb is full of chat atm. Only pumping of some pumper.

Rider yes ones persons luck is someone else’s bad luck. Probably best applies here . You are a

Https://m.youtube.com/watch?v=VRro7OBdIJw

Rider, this is who I pay attention to. My crypto pf has trebled this year. Sol up 1100%. Crypto miners and micro strategy is where my cash has been going mainly in isa. Cleanspark 500% Mara 700% up this year.

I know there are mostly disbelievers here but anybody that has an open mind to making cash really should do a bit of research imv . Been swapping Shg there recently.

Good luck for the new year guys.

Https://m.youtube.com/watch?v=b4ZQI0Luz9w

Cd, this is the on I think. I like this guy vids.

Been strong on sol for a long time.

C d, Watching a piece by James at I a saying about crypto miners should rise 6x more than Bitcoin. I am in a host of miners and got them in my isa. Going to continue this strategy next year . Also holding and adding microstrategy .

Having a ball in sol which thankfully is my largest holding with avalanche. Been swapping out of eth. Too static now solana has taken off. It’s only just starting hopefully

Good luck.

Immerso, this was primed to move as soon as the placing was completed. Do you think this character is more respected than our very own billionaire master investor who has been plugging Cnr ? A bit of a coincidence that the timing tallies with the placing completion ?? A few promotion pieces will be timed for that event. Proactive etc.For me this is a fanciful story, no doubt it may have convinced some . However I bought between the warrants and placing and some after the placing and I am mr negative. Never read it, it was just obvious that a rise was on the cards.

You say he pumps stocks, is the pump over now then?

Just for a bit of reality I tipped clsk and it’s up 200% in the last months and 500% this year . Sometimes things are obvious if you use common sense and do not believe he is responsible for the re rate. Certainly hope not or we may follow the end result you give in your examples and tank back down.

Surrey, assuming a friend or relative, sad to hear . Condolences.

At least you got a bit of profit. Got to be honest I didn’t see that one coming.

Hi Jack, Could be that 6 good enough . Trying to keep close to 3 p. Were you in Shg ? I bought in just over 4 p about 4/5 years ago and traded a couple of times so done ok but very disappointed . I don’t see the need to sell now, it seems too early. Could still get voted down. I have taken a bit out but leaving some there as well.

I am not deep in here but adding little bits fairly regular. It is a punt tho. Good news should give a decent spike hopefully.

Btw, Nero can you state anything I have posted that’s been negative , can you give specific examples by any chance??? Because things that came true is not being negative is it ?

Nero, Shg is an obvious case of reference along with c fs example and your own. So let’s get this straight, it is fine to veer on the over optimistic side but to be realistic is bad . and there is the nub of peoples averages I think.

Being my biggest holding doesn’t track? I am almost 40% up why does it not track? I have sold a few times over the years and re bought at half price. I refuse to put new money in, mainly because I don’t have much free cash and see other places as more rewarding for any free cash (yes crypto). That is my strategy that I have been open about and stuck with. I have though added some new cash recently because I could see a good rise coming which has happened. You asked me how many shares I hold and 30-40 k wasn’t specific enough for you. Well it’s over 40 k now , small compared to many here no doubt. You didn’t furnish your average ! My research tells me that there are some over optimistic hopes here. They are welcome to them just as I am to mine. Why so defensive ? I quantify my posts, have always been spot on with dilution forecasts, production predictions, sanctions etc, why should I not give an opinion. You along with the main chancellors on this bb have been constantly and spectacularly wrong over the last 5 years. Only weeks before the for sale sign you were predicting the mine build funding. You also predicted that the dividends would roll etc. you and your ilk have more to answer for than I do! When I posted a couple of years ago that I would be happy with 70 p you replied in your usual manner and said melon would never let it go that cheap . Well let’s see.

I genuinely hope everybody at least breaks even but if not maybe refer back to mr lions post.

Yes rob quite disappointing tbh. Just as production was ramping up to 100 k oz and close to 2m oz and rising v high grade exploration in seperate Kenya project. I swapped from here into Cnr who are up for sale also currently and Getting to the nitty gritty. I think there as here peeps get over excited about possible valuations. That Shg valuation, £140m gives some food for thought on some of the crazy expectation that were bandied about here for a very early stage project.

Buying here for a 100% and then think about de risk. It’s a punt because it is still far from clear how this progresses and gets funding but prepared for a modest risk here with results elsewhere going well. Cashing a bit of Shg out too.

Hope you are having some luck elsewhere.my Copper plays have done some good moves recently and v happy with uranium this year. However the absolute best has been Bitcoin miners.

Good luck and happy chrimbo.

Ccc. Mc could have drilled more instead of wasting £7 m on a mill. He did however state it wasn’t worth drilling because the market wasn’t rewarding oz. Mm. We are not miners yet melon states production. A lot of rather contradictory communications over time and peeps invest on the back of it.

Ccc. In neros example it was clear that there was further exploration potential. Shg on top of a 100 k oz production have an ever expanding resource that is not too far of Cnr although none pnp. still has much more potential at very high grades. They are under offer at £140m . C forever example has further exploration potential. B2 assets bought by calibre had further exploration potential , two mines and was $100 m . You can get a general idea of value from other projects .

We will have to vote on any deal which may be painful if peeps are hoping for unrealistic returns. I hope I am on the cautious side for sure but rather have a pleasant surprise than a sharp shock.

It is not unusual for a royalty to be retained of say 2/3 % on a sale which can be retained or sold on to a royalty company.

I am still surprised how much significance peeps give to what 🍉 says after saying that production would be 100k oz oa this year. Have you never heard a salesman’s pitch before. You have no idea of his figure for reasonable offer! Unless derisory I think he will take the best offer that transpires. I do not see how it can be much above £100 m from my comparisons but am happy to be proved wrong.

Frenchy, I think that scenario unlikely. For a start mc has stated that the aim is to wind up the company.

🤞 for some further advance. Gla

888. Yes I added at that point. It’s a disappointing deal with full production coming up and more west Kenya results to come. It makes me wonder how low the Chinese offers were? Just confirmed my thoughts on sale price here.

I think we may run out of legs by 30 p before a deal. Hopefully wrong.

I have let some Shg go today and switched into a few other horses. Plenty of action atm .

I am interested to know what the previous offers were if they were too low and this one is acceptable?

Break, same here. Maybe they will convert to more equity in Omi perhaps. Bit of a mystery. Wasn’t overly impressed with answers re funding . That’s the biggest concern for me. We may not have raised for 3 years but the do is about a fifth of what that raise was at. Have continued to add on a punt. Having good results elsewhere and Shg has run its course so taking some out.

Good luck all . Personally not looking to add at much over 4 p.

C f, your example shows pnp that are nearly 3 x condors . These are by far the most valuable oz. I think that makes a difference in valuation . Hope to be wrong of course .

Joe, Shg is selling for £140 m fully diluted, with 100 k oz production and nearly 2 m oz and increasing high grade exploration project. Cnr needs $100 m on top and 2 years til commercial production. At current dilution levels and no expenses deducted , 60 p would make £120 m .

That would make Cnr nearly twice as expensive in real terms and a two year period of no return. I just cannot see it!

888, I think Shanta is a done deal tbh. You should know by now that analyst forecasts arnt worth the paper they are written on. You have put forward £1.50 etc in the past.

I bought into Shg just over 4 p and traded a few times so it’s not too shabby but would have hoped for more and selling a bit further down the road would have been better imv. Cnr was in the 40s at that point .

This deal should give a reality check to some of the more hopeful expectations.