Member Info for shelly123

Yes some lovely big buys late on yesterday, we love to see it! Let’s hope Craig & Barns can deliver some decent results now this month. Got my fingers crossed. GLA

Up 15% into close in Poland it looks like!

Google wse:SEN

That takes Mcap to £65m Sterling Equivalent over there!

Craig & co seem to be doing things right, they’re being transparent about each drill hole, down to the angles and cross sections in the PDF. I like what I see but it’s very early days here! I was also in WSBN from 3.3p, yet feel a bit more comfortable here for some reason, I think due to the amount of targets and Craig’s technical approach.

People forget that just 500 ounces of gold at today’s prices is worth almost $1m. This Mcap will be long gone if things start coming together...just takes time.

GLA, all imo, dyor.

Welcome to the new holders, good to see interest picking up in Cobra and rightly so imo. Price of gold is flying having broke $1900 again which is great to see!

You’re right...COBR seems way under the radar and I believe the herd will come very soon. The postcode of the Wudinna Project alone makes it very attractive, not to mention the IOCG Targets and £5m market cap which give this a lot of upside potential imo. Craig’s technical expertise is also a key reason why I chose to invest here.

Good luck all. Dyor, all in my opinion and not advice!

Vascular - No worries mate! I’ve got around ~£30k in here now and tempted to add more.

What made me like this even more is that Richard Sneller former fund manager at Baillie Gifford (managed £1Bn+ Emerging Markets Growth Fund) holds 12.5% of SENX. According to a few of the FinTwit guys he has multibagged many stocks including ODX where he used to own around 25%.

Couple this with recent oil/gas price gains and strong (now debt free) producing assets at SENX (many new exciting ones in the pipeline too) and I feel this is very undervalued.

Anyway...GLA and Happy New year...cheers to a better 2021!

Sources:

Sneller TR-1: https://www.**********.co.uk/rns/announcement/f9bbf8e1-97ad-45c3-9a99-8f5c177aeee8/
ODX holding: https://www.heraldscotland.com/business_hq/18876117.leading-omega-investor-cashes/
Twitter Reaction: https://twitter.com/blowster85/status/1339524153557315585?s=21

*All in my opinion. Not financial advice. Please do your own research etc!

Up 8.7% now in Warsaw

Just type WSE:SEN into Google

Mcap of 290m Polish is £57m GBP

Good advice Trek, thanks for sharing!

Looking very strong, added £20k ish today, very happy to hold this one for a while! Debt free, CEO from Goldman Sachs looks fantastic, plenty of cashflow and high return projects in the pipeline...what’s not to like!

This video really sold it for me: https://youtu.be/VA3M8ijRGCg

Cheers, GLA dyor etc etc

Good to hear from you Carribs, some holding that! Hope you’re well!

Yes...if it hits 1.5 big deal, i’m in this for the bigger picture and at a tiny £5m market cap this could move very quickly!

Just watching this video with Craig you can see the huge potential here, this is only the start imo: https://youtu.be/LmBh4qoGkYI

Still holding 1m+ and not selling anytime soon. I trust Craig’s exploration approach and technical expertise. Staying positive and looking forward to next results. GLA

Just done some more digging and found this on Andromeda’s website, looks like fantastic grades were found previously at Baggy Green including narrow bonanza gold grade zones:

2 metres at 39.9g/t gold in BGRC-1222, and
1 metre at 97.3g/t gold in BGRC-1223

LINK: https://www.andromet.com.au/news/asx-announcements/first-baggy-green-holes-deliver-exceptional-results

All imo, dyor etc, cheers!

Thanks for posting this Alwaysone, very interesting. Seems that historical drilling has proven some nice grades at Barns, White Tank and Baggy Green then.

From memory Newcrest Mining still retain a 1.5% NSR royalty but don’t quote me on that, remember reading it a while back! Cheers

Agreed, the results from Clarke look very promising with some nice shallow high grade intercepts but the Baggy Green grades while still shallow seem lower at just over 1g/t average.

This contrasts from the historic grades drilled at Baggy Green which appear to be much more promising:

11 metres at 3.55g/t Gold
24 metres at 2.04g/t Gold
7 metres at 5.66g/t Gold

We are still awaiting results from Barns which appears to be the main deposit.

Sources:
1) https://www.andromet.com.au/images/uploads/reports/20161202_Adelaide_Resources_2016_SAEMC_Presentation_ASX.pdf
2) https://m.marketscreener.com/quote/stock/ANDROMEDA-METALS-LIMITED-10352943/news/Adelaide-Resources-Limited-Baggy-Green-Drilling-to-Add-to-Barns-Gold-Resource-Inventory-23086901/

*Not investment advice, dyor.

Just watched the video with Craig and the SI Geologist and I do feel a bit better despite being ~£8k down on paper. Drop feels a bit overdone considering the strong result at Clarke which is situated just north of Baggy Green and exceeded expectation. Craig appears to know his stuff and wants to prove 1m oz which I like, the IOCG target at Laker looks very interesting also. To summarise, i’m frustrated, but I guess you can’t hit bullseye every time, plenty of targets, will re-assess my investment after next results from Barns etc.

Video: https://youtu.be/LmBh4qoGkYI

Cheers

Anyone know why this mining ‘specialist/geologist’ would be saying the drill results are ‘fantastic’ on Twitter?https://twitter.com/geologycharlie/status/1342043640051412995?s=21

I’m holding strong, so far under the radar this one!

Side note, just seen Robert Kiyosaki (Author of Rich Dad Poor Dad) is pumping gold to his 1.4m twitter followers: https://twitter.com/therealkiyosaki/status/1341550159612809216?s=21

All imo! Good luck.

Carribs - Haha yes agreed! Getting excited about the other one.

You’re right, knowledge is no good without patience, your posts have helped me a lot with that!

SENX looking good, happy to be in here!

Carribs - Good to see you here!

Looks to be some good upside from these levels.

GLA and DYOR.

Just added £5k worth, looks to be good upside here, debt free and impressed with strategy going forwards. Merry Christmas all.

All imo, DYOR etc

Just watched the interview, wow, very exciting, Craig sounded very happy/optimistic about the Clarke results! Interesting how Andromeda’s Mcap increased by £15-20m on the results but at Cobr was muted...once the 50% earn-in is complete and we get the next set of results (hopefully before Christmas) I think we will see a big move here. I was getting a little impatient but definitely seems undervalued at these levels.

GLA & DYOR, this is not financial advice.