Member Info for Shakeyerbooty

Tbcx-I would say we've got just under 4 weeks to go to finish current drilling programme but am hoping that Paulo is referring to good news coming re the grab sample results before Xmas.

The drill programme is focused on expanding the current resource from 210,000 oz Au @3.165 g/t to ~350,000 oz Au under the JORC code. The TP2 and TP3.2 zones have a resource of c.106,600 oz @ 16.65 g/t Au and c.34,600 oz @ 1.35 g/t Au respectively and are two of the six identified high priority targets along the 8km mineralised corridor. This corridor has 15+ high-grade gold occurrences and historical sampling up to 135 g/t Au.

It's been explained repeatedly it's grab sample results that are delayed,not assays and it's because of a backlog at the labs.

Dealer,so if the share price goes up tomorrow,that means news is coming right? You've been around long enough to know that MM's could be on the hunt for shares.yes it could be warrants clearing,consolidation etc.It was Paulo himself who stated we should get a nice Xmas present.

This has already got a Jorc reserve of 210,000 oz AU,soon to be increased to 350,000 oz hopefully.Not a lot is priced in here.Currently waiting on 68 grab sample results with Paulo stating we should get a nice Xmas present.Just a bit more patience required.

The grade results from the 68 samples are already a month overdue. Surely these must be imminent

Sorry Lesh-Must pay closer attention lol.So used to it being quoted in dollars.

Lesh-Gold is already $4200 per oz now.

Appreciate your comment Zingerz,however the consultancy technical report states that there remains no geological,economic or legal impediment to proceeding to production as per the website.

As well as the excitement of our Paranaita gold project I would like to know when we will get a production decision over our VTM Pitombeiras project for which we already have a MRE & PEA and for which nothing is priced in.We are very shortly entering into a heavy news-rich period imo.

It's the results of the 68 samples that should come first.

Some excellent grades in there and confident of a much greater deposit.

More than US$2 million has already been spent on historic exploration that identified six high-priority zones and yielded excellent results, underscoring Paranaíta's potential. Samples returned up to 135 g/t Au, drill intercepts and trenching highlights include 5.0 metres at 5.48 g/t Au and 3.8 metres at 12.5 g/t Au respectively. The alignment of widespread gold mineralisation, geochemical anomalies, and their correlation with magnetic structures strongly indicates the potential presence of a large-scale deposit and we are confident of 1 million oz. Importantly metallurgical test results yielded average overall gold recovery of 86%.

We have potentially a high grade open-pit mine with the short=term aim of producing 20,000 oz Au per annum.An increased Jorc to 350,000 oz would support a mine life of 15 years.There is potential to increase the Jorc to 1m oz in the future.Assuming gold priced at $ 4250 (predicted to go higher by many) and AISC of $1750,this would give profit of $50m per annum.50% would be $25m,then apply your p/e and this easily supports a m/c of over £100m,potentially more.

The grades historically look excellent.We have very experienced people in place,small free float etc.The next set of results will be the key driver.

Whilst we await the results from the 68 samples,the 15 hole drill programme is 5 weeks through.It was to take 10 weeks in total,so assuming things are going smoothly,we must be close to finishing the first 8 drill holes where the mineralised vein was well identified over MORE than 700m and contained visible gold as per 27 Oct RNS.

We only need another 10% increase and we're over 2p.Assuming we get excellent grades from the samples & drilling then I believe we should be 5p+ and coupled with an increased Jorc of 350,000 oz and the potential for more,even this is well undervaluing the company.

Quiet is good. Stay under the radar a bit longer.

Usually to deter buyers. Mm's not fully ready to play yet. Positive results imminent,background buying,take your pick. Even with all warrants issued this would still be less than £40m m/c at 5p. Updated Jorc of 350,000 oz would be worth 1.47 b dollars.

Gold at nearly $4200 per oz.Assuming we get an updated Jorc of a minimum 350,000 oz then we'll have an asset worth $1.47b before costs.Crazily undervalued here.

Indeed BP.Previously known as Flying Squirrel who was banned for telling porkies.Needs to be banned again.

Behave yourself and I'm not your mate.Seriously undervalued here for what we already have.The market knew yesterday and there was no movement.