Member Info for SnipVW

I suggested a few months back on here that the company could produce a map with its global coverage set up through resellers. I would dare suggest that the 'team' 18 are no longer there, if they ever were. The ones that had stuck around would most likely to have been trying to set up relationships with resellers over the last 6 months for future sales, and future commissions.

Sophie and Cat - I really don't get you 2. Sophie by what you post it seems like you are pretty successful in your professional life but when Cat posts something you take it as confirmation as to what is happening, and that's not what successful people do. Cat introduced himself to this board back in June advising he had no idea about this company and was a recent investor but now you are taking him as very knowledgeable and between you are leading a potentially false narrative. You could almost be the same person or work in the same company. It's very weird.

I've done a little top up today and easy to get some shares. If there are 55m new shares being pumped into this and the SP holds that's not too bad. Here's to the good news continuing for the next 6 months!

An update on Greenland before the end of the month would be nice.

it's broken the first resistance point of 1.977, next up is 2.053 then 2.117

did they not pass up on a JV for the region?

Newmont's JV & Acquisition team will be under a bit of pressure just now after walking away from GGP/Hav this time last year. They wouldn't want to miss out on 2 in a row! Although this does go to show that they are not the exact experts either.

I'm sure they will supply, that's how the global supply chain works. But, there's also been a realisation this year that your supply chain can break down very quickly if it's coming long distances and if you want to protect it/yourself then some of it needs to come closer to home.

Yes, but with the amount of mineral available, it's not realistic to just supply the current offtake partner, whoever that is. The output of the mine you would expect to rise substantially a few years down the line and you would think your market/customers do too. Europe does want to still have a footprint in Europe in manufacturing. Even getting through the 117mt that's been approved will take a very long time. It's good to build relationships with companies even now if you want to do business with them in 5 years time.

Some of our other targets in Greenland have been compared to the biggest mining regions globally. This coming year there's significant progress going to be made in Finland too, by ourselves and Rio. On the mining register for Greenland, Bluejay, Dundas and Disko all now have separate listings. A solid drilling campaign to be carried out this season off the analysis work done last year at Disko, which was part-funded by the EU I think, and building on previously known information, should bring other opportunities.

Those who provide the finance then have a large influence and window into the company. The buyer of the product is not the one who is making the money in pulling it out of the ground.

I would imagine timelines of progress & spend would be a key negotiation point for any JV right now given how busy things are in Australia. All very well of getting a good headline number for a JV but you'd want to know work was kicking off very soon.

The Barchart Technical Opinion rating is a 100% Buy and ranks in the Top 1% of all short term signal directions.

Long term indicators fully support a continuation of the trend.

PPC now listed as a Strong Buy on the bar chart technical indicators with a 72% buy. Must have been a while since it's been so positive

by all accounts, today's interview was very positive. News rich 6 months ahead, just a case of how quickly it starts. Key quotes for me; ' 7 days a week', 'new reef', 'do it myself' & 'started at the weekend'.

that's about as happy as you'll ever see an Aussie get. How many rolls of the dice have we got?!

EEE did something similar last week after announcing a drill program. It signals that there's going to be a couple of weeks probably without news so it's an opportunity for some to trade.

Gino, also I'm not saying that's what I think is happening. Workforce, equipment, licenses are other things that can delay a start but there are not too many others so it's a possibility. As said I want them to just start drilling, night and day if possible, and if enough of the people on the ground around this have some reasonable skin in the game and they think they're sitting on a good gold mine, they'll want to too.

No, I didn't say we did not want to drill. I said that if you were in negotiations about a JV on Baliston then you probably would not start drilling. I would think anyway. If the drill has passed ready and you are not waiting for an outcome on discussions then you would expect that drilling would have started this week, or this coming Monday at the latest.

It seems more operational & communication problems than anything else if we believe that the products themselves are at the top end of the market. Right now everyone is expecting sales news and if that's not coming then there will be another large drop. If there are no sales to speak of due to short term market disruption with Covid then they should have set another short term strategy as to what could be achieved for the long term betterment of the company and its infrastructure, and maybe put out an announcement to say so to dampen expectations. If there are decent sales and they've been bunching them up to release, then everyone's happy again.

If it's all been a disaster for the last 9 months then the company gets bought out for probably less than £10m, imo.

Baliston is perhaps still being discussed as a JV? Nothing to say it's not, things may be pointed elsewhere in terms of JV by the looks of it but who knows what's really happening. If it was you wouldn't want to go drilling in case you hit good or bad results.

2 days running. Must still be considered a very good time to buy!