Member Info for Sharetrader123

I doubt they will sell Pepas. Its going to be one of the cheapest mines to extract from so the profit margins will be high, even more so as gold keeps increasing.

Seingred I have explained why we can fast track Pepas if you can't understand then I will leave you to your own ignorance. As the Dr said there is an opposing view to yours closer to the horses mouth so we will leave it at that.

Now Seingred is suggesting Pepas would take 10yrs plus to develop 😆

I can imagine him if he went to Vegas. He would cover all the numbers and colours on the roulette wheel just to claim he had won every spin.

Seingred you didn't answer because we are far more advanced than a normal mine. Things that take years will already be in place so exactly where will the hold up be?

Identifying as a resource no that will be done this year. A feasibility study if it's economically viable no that will be done this year. Permissions then no big hold up or backlogs. Relations with local authorities and community for land access already on good terms . Easy access to gold due to being a shallow open mine so come on Seingred where is the lengthy delay coming from. You are not taking into consideration the infrastructure and relations we already have in place but I suppose it supports your negative agenda.

If you think there is no value here then sell up and lump into collective.

Seingred that where you are wrong. Pepas isn't going to take decades to start delivering. Most of the issues have either been overcome or can be very easily. Please detail where you think there will be a hold up considering we shall soon see it proved up and feasibility done this year to establish if it's economic or not which can normally take years for a maiden resource. Planning and permissions should be a formality as we have already established good relations with the landowners and community again saving years of painful negotiations. We have basic roads and a camp from the drilling campaign again saving a considerable length of time and an asset being a shallow open pit mine that will save even more time during the extraction phase so Seingred please enlighten us why this will take the lengthy time you think or are you just spreading doubt again., remember the rainy weather forecast 😆

Moo, Seingred is the type of person who will bet on every runner in the Grand National just to say he picked a winner.

NewboF he is a joke. Out of his so called 70 open positions the only two I know of he has made losses on. Strange how this never comes to light. His latest stirring is trying to convince us Pepas will take decades to start producing when he is way off as you won't find a mine anywhere that can be developed quicker. He is just a wind up merchant.

Seingred perhaps you should take your 70 open positions sell up here and you Craptos and invest in collective then. You won't be missed.

So forget about the argumentative Seingred who would have you think it would be an eternity before to begin to mine Pepas. A good friend of mine who is invested here and several other goldies commented this which is most probably a more accurate assesment of opening Pepas as an open cast mine.

Shallow open mines can be set up quite quickly especially if we bring in a large company to develop and construct it for us which we might now be able to afford due to the rising gold price.

Surface mining normally entails exploration and definition which can take a few years but we will have the advantage of already proved up the area as a resource by the end of this year. Same with the Feasibility Studies which might normally take 1-3 years however we would again be in a position by the end of this year to determine if it's economically viable to mine. That only leaves us with Permitting and Regulatory Approvals which I'm not aware of any huge obstacles or delays with applications in the vicinity

At the same time obtaining necessary environmental and mining permits and engaging with local communities is something we have experience of and have done so for the drilling programme. So that's just leaves construction and development such as

Building infrastructure, camps and roads, which has already been done on a smaller scale when we had the JV so just leaving the processing plants, and equipment.which again could be done very quickly if we employed a reasonably sized and well resourced company to do this on our behalf.

Seingred is very good at boasting his successes normally after the event according to posters on other sites which seems to be accurate and consistent with

his performances on here but you don't hear about much about his failures of

which there are many. Typically Panther metals for example .His average was closer to a pound and it did a raise which he didn't see coming and plummeted to less than half his average very quickly and then dropped even further. He then claims he has 70 open positions which would require a considerable amount of monitoring which he can't afford to still having to go to work. He's a complete fraud and his ego demands him to care more about oneupmanship than reasoned debate.

Seingred I haven't stated any dates but once defined which will hopefully be done this year then we can then move then to development and construction.

As stated an shallow open pit is far quicker and less complex tovelop.and construct.

Once Pepas is properly defined hopefully as a tier 1 asset then even if we don't mine it then we can still borrow heavily and cheaply against the asset or bring someone in perhaps a larger company to mine it for us so plenty of options there for us to ponder. With the gold price still rising then the extraction costs will just become cheaper and more attractive to undertake.

Gold $3011 on another run.

Nap, Bill and Ben having admitted to never paying tax now have bigger problems with the HMRC to occupy their time.

Seingred I gave you the correct stages and after defining as a resource then it's development and construction. You then proceeded to list a few other things such as licenses etc which I also covered but you chose to ignore this and blindly attack me anyway.

I also told you that a shallow open pit can be developed significantly quicker than a normal mine but again you have chosen to ignore this as well.

So if you need to pin down timescales more accurately then simply write to Brad and ask him. I've no concerns of a lengthy process as I know a shallow open pit mine doesn't take anywhere near the timescales that you have inside your head. Once producing and with gold at record highs we should be generating sufficient funds that will negate the need for future funding which has caught you out recently with the losses you sustained in Panther Metals. And by the way I don't and have never used Aliases.

Joshi-stoneo are there any updates on the amount of tax Bhargav has avoided paying to the HMRC. I know he hasn't been active much recently most probably down to working out the eye watering amounts of tax he owes. Or has he gone into hiding before he gets the dreaded knock on the door?

Seingred stick to Craptos. Pepas will become a shallow open mine and Brad wishes to mine it ourselves. Timeframes are irrelevant if the resource is there. Keep climbing them chimneys and boasting about your 70 open positions 😆 prat.

Johnstoneo did you ask your alter ego Bhargav what was the total tax he owes the HMRC?

Josephi you might have misread Karl's post. He didn't predict £2 by year end as you stated. He said £2 by end of next year

Karl when Pepas starts to generate income we should be well advanced in Colombia and Argentina by then. If Argentina turns out to be a decent find and we secure a JV (Newmont) then the price of Gold should be at new record highs and the picture would be looking very rosy indeed