Member Info for Skippysb01

Didnt the CEO say that first assays would be published end October early November? Yes, feels like a great time to buy considering how bullish they are about current drilling campaign.

I think you mean the additional drill? They have been drilling nonstop for weeks now.

Maybe the actually need the lab to provide the assay results first. Just a thought.

I think they should keep quiet now until they have assays.

What exactly is it you think they could roadshow about?

'all signs point to gold'. They always do don't they? They certainly did the last time WSBN drilled at Red Setter. That was for multiple holes too.

I do agree that the chances are a bit higher because the geology and the visuals point to a better chance but until the assays come in....

Don't forget that last time they had some good grades at short intervals. Wasn't good enough. IMHO the assays will need to be exceptional and I hope they are.

The core pics are indeed part of the story but they are not evidence. This is a problem for the mining industry as junior companies spin tales based on core pictures. IMHO they should not be allowed to do so.

Assays results are evidence. Wait and see.

I'm surprised you thought the video was rampy. To me it didnt show a lot of value. Ignore the language and focus on the facts.

Ultimately they don't have ANY assays for this drilling campaign. Let the assays results themselves do the ramping. Core photos are ten a penny.

Apps. Happy to disagree. It's how we get the best input on boards like this, However I think you are ignoring the very real fact that the RNS today and in my opinion the interview yesterday were really not very good. From that perspective the SP has fallen and that for me is to be expected. I sold about half of my WSBN shares yesterday because for the rise yesterday was only due to sentiment and sentiment alone never carries a rise.

I'm still in and will remain in until the first set of assays are in but I don't have a reason to blame the mm's for reducing the sp when the market itself doesn't see the value. This attitude has served me well on WSBN. It's a traders stock and until they prove anything it will continue to be so. MM's or not.

I'm still a believer. It could be the share of the century but it's way more likely not to be and there has been nothing so far to provide any certainty beyond that risk profile for me. GLA DYOR

In real life the mm's cannot just do what they like. Punters don't understand that liquidity is all. There are PIs posting every day on this site about buys being more than sells, tree shakes etc. It's all nonsense. Ask yourself the question - do you want to pay more or less when you buy shares?

MMs cannot and do not force you to buy shares at inflated prices - you don't want to do that and neither does anyone else. Willingness to pay more comes from market sentiment not mm games.

This morning is a classic example of a whole load of PIs not understanding how it works. Todays RNS and yesterdays interview - they are objectively not great. SO with that in mind - do you think punters should today pay more for WSBN shares today? No they don't want to do that so the mm's have to reduce the price to a level where punters are willing to do so.

It really is that simple.

Buys v sells is not a good indicator of SP movement. So it doesn’t make any difference. Market sees the RNS as a stop gap and with no assays the risk profile has not changed. It a traders stock and lots of people made 20% yesterday. It will probably be back over 1.4 shortly.

Nothing to do with mm’s. Just market dynamic. The interview and RNS have not provided anything of additional value. Assay grades could do that but objectively WSBN have never been good at messaging but it’s clear they still have no assay data and that’s the big pivot here.

They probably felt they had to RNS completion of hole 2 drilling and starting drill 3. They can’t very well not talk about what they found in drill 2 at that point so they have shown us what they know which isn’t much ahead of assays. Assays can still be good or bad. Nothing has really changed.

Well,they certainly mentioned it after they initially drilled the hole. Obvs.

I just don't see a situation where HEX isn't producing helium in the relatively short term. That's enough for me. Of all of the current helium plays I think this is the only one that I can be certain of that. It's just a no brainer hold and accumulate.

Typical AIM pullback. Basically impatience. I get it completely and each to there own, Some folk will have held short term which is to be entirely expected and now we know we won't get any more significant news for a month or so so maybe it makes sense to place your bets somewhere else for now.

In reality the SP has hardly moved. We could of course get a separate RNS re off take agreement any day. I look forward to seeing the RNS stating that the plant is on line and ready to produce helium. The SP will have a good day that day. I'm very happy to wait for this one.

Was it Skippy the Kangaroo. Can't be trusted.

It’s more a less a given that placees will forward sell shares before a placing is allowed. It’s legal and regulated to forward sell. So it isnt a big surprise that the SP fell just before the fund raise was announced. So yes people knew and those people were the placees and they acted within the rules.

Stinks but that’s the reality. It’s not a leak.

I think the geologists are very excited about the breccia cores. Even the geologists can't really translate what they can see into gold/copper values. They might be able to say - based on 'existing proven models..... this may be true'.

So I thinks that the geologists being excited does increase the chance of success for those cores but it does not provide certainty with the asset results. There are ultimately many reasons why a core might look a certain way - there is never a single possible reason. You only get that with 'nuggety' gold finds which is absolutely not what we have at Red Setter.

Yes the spread is very off-putting.

Cebo. That\s right. I just googled it. I guess you could still do an ISA transfer for more but that wouldn't explain the trades we have seen.

Thye don't get dumped. They just become tradable just like the shares you own.

Im reality the placee forward sold many shares before the RNS was issued.