Member Info for Snake37

Yes I know they've money at the moment so need to raise which is good, not sure if it would be 10 to 12 months away though, but you could be right. But he'll need money to go after the other projects unless he jv's them, monetising pepas now would do that, anyways pepas the focus point for now, so let's hope the next update is good on that front!

Agree sharetrader, yes especially with the share price where it currently is having to raise again at these levels would be a nightmare! Brad definitely doesn't give the warm fuzzy feeling to the market which as a shareholder is annoying as if this share was promoted better it shouldn't be at these levels with what they have, he consistently downplays what we have for some reason. However the market should surely react positively on news of them monetising pepas regardless of brad, it would take the pressure off having to find the sweet spots at pepas North which they haven't found yet.

Will be interesting to see which way it goes here for the next few weeks while we await news, will there be a few buys at these lows to support the sp or will it drift further, I'd be hopeful he updates us on what the consultants say and the direction he's going with pepas before the end of June, but who knows.

I feel your pain, defo disappointing! What's your plan of action? Do you think the aeromag results were good/bad? Odd not to include them in the presentation, think he said they would at some stage if I rmb correctly!

A quick look at the charts shows this has dropped about 35% in a month, that is a fairly brutal drop, you would be hoping our main institutional investor buys and supports the sp so let's see! Otherwise typically with material news a few weeks away at best, this will go lower , its a binary bet at this stage and depends on what the consultants advise imo, hopefully it's good news! One or 2 people asked here what was wrong with the webinar , well telling the market you don't know what you have at pepas, possibly not being around long enough to see a mine lol, some ramblings about rig not being efficient etc etc, there's actually quite a few, It clearly didn't do anything to encourage the market, have a look at the sp, just clarified they're waiting or thinking about thinking, so no imo webinar wasn't good! I'm invested because of the juicy gold in the ground, and if there's lots of it, which I do think there is based on numbers/grades this will go higher,

But I do hope brad does get a move on as quick as possible, if further good drill results land before updates from what consultants said, that would

be a welcome bonus, gla

Interesting viewpoint on the engineered drop, it's possible alright, personally I'm not sure. It does seem pretty incompetent to mix up good results with bad results, poor news release headlines, longer than usual results and here we are back to 8p from 13/14 and no bounce insight unless some bug buys come in. Other projects are months away from impacting the sp, can't see 5p increase on soil sample news do you? It's clearly all about pepas and what the consultants say in my view, I won't be selling any either until that news is announced , that could catapult the sp especially from here, but let's see how things play out!

Yep interesting tweet! What they decide to do next with pepas after hearing from consultants and examining the data will determine where the sp goes from here short term, the other projects won't impact the share price for a few months at least, brad said would take a few weeks before that happens with consultants etc, let's hope its not too long

So the company is at an inflection point while awaiting advice from consultants, and pepas is still their main focus. Not a thrilling investor meeting and no joint venture talks. Hopefully the next set of results get us moving up again or news of what way they want to go with pepas, nothing else I can see short term to ignite the share price imo, however would like to be pleasantly surprised

Share getting absolutely bashed on the Canadian board, makes for interesting reading, mainly poor headlines in the rns titled being mentioned a lot, and not for the first time that's been mentioned as an issue. I would tend to agree with that, hasn't been a good few weeks here, fell on the previous set of results and barely moved today. Hopefully brad does a good webinar in a few days, gla

I'm not happy were the current sp is at, it is clearly worth more than 9p with what is known, it shouldn't have dropped so much the last 2 weeks, but it did unfortunately, looking forward to the talk next week.

I said before something substantial needed to get us back to where we were or above, north pepas didn't hit, and I don't see any jv talk that was rumoured here a week or 2 ago on this board, unless something is said at the upcoming investor meeting. Drill rig is coming back from the North to focus on south and west ,and drill results obviously good there and further potential to the west and that's the positives, will that alone get us back up or beyond I'm not sure it's moving in the right direction this morning but time will tell, also el cedro is delayed by weather but sounds good. Gla

Pretty large retrace from 13p into the 8's now, of course its done this a few times now and moved swiftly back up on good results. However I think the next news would need to be either gold struck at North pepas or jv news, something substantial needed to get us back up to the same level or above, anything less and we may struggle further, a lot now hinges on the next rns in my opinion, at least brad said things where progressing nicely in his last twitter post so I would be more optimistic than pessimistic the next news release will be good.

Hopefully the next rns is a blockbuster, the drip from 13p to 9/8p where we currently are is a tough watch at times, hopefully brad delivers this week or next with significant news, lots of positive updates on the way, so patience is key, gla

Would be expecting a solid rns next Monday or Tuesday with drill results, should be due about now! Hopefully north pepas delivers the goods!

Only speculation/rumour currently, but if they DID get a jv offer for El Cedro, happy days, that would give us a nice boost to the sp you'd imagine, news due soon on a few fronts, proof will be in the pudding! It would make sense to get a jv going on either el cedro or argentina, next rns should be interesting.

Would be expecting aeromag survey results and some drill results either this week or next, so not long to wait, sp will probably bounce around 10- 12p range in the meantime, any lower than 10p and I'll be topping up, gla

What price are people predicting by months end? back to 5p on good news, possibly jv news?!

Ahn thanks for that Rollo, nearly spat out my cornflakes when I was reading that, hopefully they get cracking on soon enough then.

Am I missing something, in the rns issued today it says drilling pepas north will be in q4, in the previous rns it said it expected drilling in north pepas to begin in the next couple of weeks?!

I think the longer than normal wait on the rns and the results not being as good as expected has resulted in the drop in sp, will just have to sit tight for a few weeks till pepas North results arrive, if the results are good there, and there's every reason to expect that, this should march back up to the teens in my opinion, gla