Member Info for Sharetrader123

As some of us have suspected, our condensed drill programme will mean regular news and updates without the long periods of inactivity. Exciting times ahead methinks.

We have seen 2 large retraces in the past few months once when we were in the forties and it dipped below 20 then again just now from 38.5 to 21.5. These are huge retraces and with so few shares available this is likely to happen again when we have the next big rise. My question is how long are these large retraces likely to plague us for?

803799 all of them reasons. There was nothing enthusiastic or upbeat about the RNS. He should have highlighted positives more like the 4th rig but chose statements that were muted instead. Considering they seemed excited about the visuals of the cores the results didn’t quite live up to expectations.

28p now

Can today get any worse. This is more than a reaction to an average RNS.

So what is it that the market has taken umbrage with regarding the RNS as it’s obviously something.
Was it the results themselves, or was it Brads downbeat and rather muted RNS where he mentioned challenges ?

MiddleEastMoney I do agree we will be bought out at some point and Brad referred to this when explaining that he expected it but it was in the context of sometime before 12 years. I’m not sure where you get 2021 from as Im not aware of any snipped from Brad or anyone to suggest this. Can you confirm where have you heard something that suggests 2021 as a possibility?

It was me mentioned but in the context of being there for a 12 year period

Thanks for all the replies. Yes I can remember Brad stating omi won’t be there at the end but the burning question is how long will we be there for? If the asset is as good as we think then a sale is inevitable and it could be sooner than many think but what does that mean a year? 18 months ? 2 to 3 years? I’m no expert but surely a buyout is based on seeing enough to prove the asset whilst still trying to get a purchase early whilst still being cheap to buy.

It’s all well and good drilling holes and getting back some very good results. I have 2 questions if anyone can offer opinion. My question is at what stage and how many holes or how long does it take to prove an area and put plans in place to mine it ?
My second question is: when we say open a mine, do we mean opening it and slowly working through the whole area bit by bit or are the areas treated as separate mines considering the large sizes of the areas?

One would think that so close to the announcement of the drilling investors would be scrambling all this week to take a position ahead of the expected SP hike. Its baffling that this has not materialised

Masks, I hope we do go to 70p after the results and we all know how quick the price can rise given the limited amount of shares in existence. I suppose it will all depends on how the results are viewed and how upbeat and with how much enthusiasm Brad can inject during the presentation. I do agree that there will be regular udates due to the accelerated drill proprogramme of trying to complete 4 years drilling in a timeframe of 18 months.

Art the fact that the holes currently drilled are not the best doesn’t mean they are not good. They are not the best in relation to some of our other areas that have exceptional potential. You are trying to convince us that we have missed the boat on this share due to how much it has gone up already yer the fact we are st the start of the drilling journey and the low mcap would dispel any accuracy in your thinking. This share still has the potential to multibag easily from here either because the resource being more proven with increased drilling or due to a future buyout. It may take a year or two or longer to get there but the share price will be far greater than it is now for sure.

Art you do talk some rubbish. We already know these holes are not the best and have been drilled for ease of access. Mediocre results will not cause a price collapse and you are clearly working to an agenda suggesting such nonsense.

and flying.

Nice update, drilling on schedule , gold up so it could be a good day.

Sadly with no news on the horizon due this week it is more likely this downward trend will continue for the next few days.

Tymers gold price will recover and already has after the recent blip where it touched €1831 . It will be over $2000 consistently at Q1 this year and will rise further through the year as predicted.

$1865 and still dropping

$1873 now