Member Info for smickster

Sono it's the manner in which twww predicted the share fall with no real effort to explain his reasoning and along with the many other with obviously no investment in the company. In the bin you go

Hi savshare Thanks for your reply. All that is ringing a few bells and guess a suppressed sp may actually benefit solg and newcrest at the moment?

Can someome please tell me what options cornerstone have with regards to the eventual feasibility report, as far as I can see they either have to cough up(20-30m?) or sell it on(giving some indication of value)or lose for next to nothing considering the size of the resource. This surely will play out in the next few months

sounds good to me Italian just added another 11k to my kitty.

Thanks for your input KB an interesting view and largely how I see the upside here.

My postcard says nm will sell when he wants and that's during the next up cycle probably next 2-3 years

KB agree with you 100%. What do you reckon the time scale could be on that? I still think it could be upto another 2 years on that.

Hi columbo Where does the 3billion figure come from, I'm not doubting it but I have seen a few mines made for far less and we still don't have the data to confirm mining costs?

https://www.google.co.uk/url?sa=t&source=web&rct=j&url=http://www.edisoninvestmentresearch.com/%3FACT%3D18%26ID%3D3046&ved=2ahUKEwiz-P3fhPnaAhVpIsAKHeUwCN0QFjAIegQIARAB&usg=AOvVaw1S5pTILCRgJs6N3ii9Dr2N Interesting link on nevsun mine. Notice capex was only $250m and funding was easily found.

Lotto I agree with what you say and believe some of nationalisation will happen. Not sure how it would work for us if we would see a buyout or services sort of sale and dividend along the way. Don't think we are that far away from a £1 a share if a complete buyout was to happen. So in my opinion yes £1 is definitely possible Wirral

Wirral I'm no expert but I Base my expectations on an ever increasing copper deficit and what this will do to the copper price over the next few years. This along with the size of the deposit should make it a valuable mine when the big boys decide to start buying up such deposits(assuming this is what we all think it is) and hopefully we don't sell to early. For me another year proving up and a rising copper deficit will be the perfect scenario for us as after that we get into the whole funding issue. If we could go another 2-3 years with increasing the deposit I belive we could see more than the £1 price being thrown around. However there are still many stars to align from here and plenty more shenanigans to be seen especially when big boys come to play. In the last commodity super cycle it wasn't unheard of smaller deposits to be bought for $5b which would be around £1.80 for us but we are a long way from that in my opinion.

I'd prefer a £1 t-shirt if puma is still heading down to the printers and will need an xl one now, shall hold you to that drink too Mick :-)

Don't get me wrong mick I hope you get your £1+ but I won't be hanging about for your drinks as I'm still waiting for my 20p t shirt from puma who done a a runner shortly before/after we hit that milestone

A 1p move would of saved black Rock 0.5 million so it would of been in someone's interests. With a share price that moves so easily why not. Whether that saving went to them or someone who was collecting the shares I couldn't tell you that but it does make sense.

Columbo I do not for one second belive they are paid per post as a job but they have a vested interest in the share going down either as shorters or trying to stoke up some uncertainty, they just spend to much time here to be a run of the mill investor and to many appeared here at once. As far as I'm concerned they are employed in some sense and set out to do a job. If they convince one person to sell it can and does have an affect otherwise why bother? This is just my observation having been here a few years.

Totally disagree Colombo something stinks when. a number of new posters appear spouting negative rubbish with no real logic or argument to support. I'm not buying the whole upset trader who missed the boat b#+@s?it

Would explain the paid derampers here the last few months and the reason my filter hit list is now so big.

I'm sure friedland and and share holders don't mind holding shares in there $7bn company and just think what that will be worth once all issues are sorted out. Not saying it's without risk but if you bought in early there well done to them.

DG1 I still think we are in discovery/speculation period until we have larger resource and indicated figures then we will hit discovery highs in terms of sp. After that we will either be a target or price will drop lower while plans for mine are drawn up. This is the way it was painted some time ago by nm

Considering the recent uptrend. Any ideas?