Member Info for sportbilly1976

https://twitter.com/Phoenix_Copper/status/1415970619200528388

Superb snapshot of where we are and heading....fully funded into mid 2023 (by which point the Empire surface oxides will be throwing off cash)
Exploration costs covered this year and next
Game changing deep sulphide drill already hit high grades - more of these to come
EM surveys on Red Star and Navarre Creek - both of which could be company making in their own right.

https://twitter.com/landore_plc/status/1415571739107545089

??????? ????????? ???
@landore_plc
?????????????? ???????????? ???????? Flag of Canada
#metals #Iron $Gold #LND #Ontario

Focus on Lamaune Gold

Conceptual Exploration Target of 1,350,000 to 1,650,000 tons 50,000 oz Au.

11,644 Metres of drilling.

Significant exploration upside potential.

Proactive event:

https://t.co/yLTJTTOBO5?amp=1

They also expect to have updated the market ahead of this.

https://twitter.com/landore_plc/status/1414900724060798977

??????? ????????? ???
@landore_plc
?????????????? ???????????? ???????? Flag of Canada
#metals #Iron $Gold #LND #Ontario

Following the earlier tweet a bit more information on the Lamaune Deposit.

12 Km potential strike length

Near key infrastructure

At surface, so low cost.

Sits within the Junior Lake area

https://twitter.com/landore_plc/status/1414863794388541440

?????????????? ???????????? ???????? Flag of Canada
#metals #Iron $Gold #LND #Ontario

Spotlight on the Lamaune deposit.

In addition to BAM Gold Junior Lake holds a lot of assets for a junior exploration company!

Rightwards arrow 300-500m tonnes 25-35% Fe iron target.

Rightwards arrow 50,000oz Gold

Both open

Take mid points - 400mt @30% - adjust down to get 200mt @60% which has a current price of $215/t makes for multi billion dollar resource

https://twitter.com/landore_plc/status/1409766752263839746

??????? ????????? ???
@landore_plc
?????????????? ???????????? ???????? Flag of Canada
#metals #Nickel #Copper #Cobalt #Iron $Gold #EVmetals #LND #Ontario

The Junior Lake project hosts three substantial metal deposits along its 31km length.

Which one do you think holds the most potential in value uplift?

Comments?

Interesting tact to take within their social media promos..

hTtps://twitter.com/landore_plc/status/1408318036407427076

??????? ????????? ???
@landore_plc
?????????????? ???????????? ???????? Flag of Canada
#metals #Nickel #Copper #Cobalt #Iron $Gold #EVmetals #LND #Ontario

‘Majors have underinvested in exploration and must replace their reserves’ —Crescat Capital

...and I wonder how they might do that, when a local Company gets to a 2-3Moz resource? Hmm....

Donald Pond ‘slams’ Phoenix Copper (PXC) in the latest PIWORLD/Stockopedia StockSlam at 28m37s

Watch the video here: Https://www.piworld.co.uk/education-videos/the-stockopedia-piworld-virtual-stockslam-june-2021/

Or listen to the podcast here: Https://piworld.podbean.com/e/the-stockopediapiworld-virtual-stockslam-june-2021/

10k max now at 45p

https://twitter.com/landore_plc/status/1408008011390623748

??????? ????????? ???
@landore_plc
?????? ????????—???????????????????? ?????? ????????????????
#LND $Gold ?

‘The new PEA will be commissioned when the current drilling programme has concluded, with 17,070 metres out of 23,000 completed so far’

@proactive_UK

Bill will have received offers to buy Landore before next fundraise imo.

Once the MRE is underway and they comfortably breach the 2Moz level, those majors who have been keeping an eye on Landore will swoop.
2.5-3Moz gold (at US pre-COVID peer value of $90/oz in ground value) puts this around the $225-270mln mark (£1.36-£1.60 using 1.4 fx)

From the table provided in the results, and their conservative prices I get the indicated and inferred resource value to be around $733mln!

In addition to the multi-million ounce gold resource too...and all for sub $50mln currently.

https://twitter.com/Phoenix_Copper/status/1407683760812875777

Phoenix Copper Limited
@Phoenix_Copper
We're pleased to announce that EM surveys at Navarre Creek and Red Star are finished and now for the number crunching! Also, we are about to begin the deep sulphides drilling program at Empire so stay tuned for more news!
#PXC #PXCLF $PXC $PXCLF #copper #Idaho

Taken from other BB - great summary of where we are currently and cold be heading during course of 2021

"No, not 4 million ounces by the updated MRE in Q3. He said that will likely be approaching 2 million ounces. The 4 million ounces comment relates to what he is confident is there. It wont be a resource in Q3. So for example some of the step-out exploration drilling has hit gold, but they wont have the drill density for that to be converted to a resource. Its merely to show the big boys that there is huge exploration potential on top of the resource.

The average takeover price for N.American discoveries is $90 per oz... 2 million ounces x $90 is $180 million or £130 million, which equates to a share price of £1.10. I think this is easily attainable, very realistic and quite conservative. This does not include any of the battery metals, which as BH highlighted in the interview are worth nearly as much as the gold. This will not be overly sensitive on gold price - the $90 average is largely based on pre-covid gold prices.

Punters just don't realise this yet, its being priced as if it were some form of rogue exploration company. Indeed, some companies who have no resource, no drilling appear to have similar market caps, its crazy when you think about it. BAM is the real deal and will be a mine.

Ultimately most undervalued companies revert close to fair value at some point. Patience needed.

Webinar Registration : https://bit.ly/3fhWYVT

Need to register, but good to see us first on (9am US time / 2pm UK time)

Using just a 5% in situ value on the gold comes to around £1.18 valuation for the 2Moz gold....and then add in the battery metals which Bill says has a similar value and you're looking at £2 a share reasonable take-out price.

Further interview to come next week from Total Market Solutions, hopefully with a couple of follow-on questions, such as what is the plan to realise value - solo venture, JV with local partner or release the updated PEA in October and hoist the for sale sign?

htTps://twitter.com/Phoenix_Copper/status/1401850608982937606

Full steam ahead! Our first electromagnetic survey programme proceeding apace at Navarre Creek!

If the mgmt can get a reasonable estimate from surveys and drilling of the deep stuff then I'd happily take a fair value offer from a major.
But that is going to be in the multi $bln range, and actually - without the need to pursue equity placings/raises to fund the deep mining programme it could be advantageous for shareholders

I notice you cleverly and teasingly left out question 9 and the reply too... ;)

WHI View: "The deal as structured appears to be perfectly timed. It allows Phoenix to concentrate properly on its Empire copper-gold(-zinc-silver), Red Star and Navarre Creek gold projects – all in one central Location. It also allows for progression at the first of its cobalt properties whilst retaining full control of the Bighorn property also in the ICB. Any resources found at Redcastle will then be processed through an “Iron Creek mill” providing a low capex solution to Phoenix. Phoenix has succeeded in potentially monetising its Idaho cobalt assets at a low cost to shareholders. There is a pipeline of news flow from Phoenix this summer as it continues its studies into Empire and begins the proper drilling for Red Star polymetallic mineralisation (and some deeper holes into Empire where previousholes showed high grades) and begins to see the full potential in Navarre Creek – to this we now add the start of exploration at the prospective Redcastle cobalt project.

We continue to see fair value at 64p/sh, but note that positive news this summer from Phoenix could be transformational."

News flow due over the summer, as mentioned during the AGM yesterday:
All votes passed with near to 100%. This ended the formal part. This was followed by a brief update from Ryan McDermott, who mentioned the following:

• Everything is running to plan in Mackay.
• We are on course to deliver the Operating Plan in late June which is the main permitting requirement
• The following is planned for the drilling:
o The electromagnetic survey is already well under way
o The first drilling rigs (for site surveys) arrive June 3rd
o The Core drill rigs arrive 15th June for Red Star and Horseshoe canyon
o The RC drill rig arrives mid-July to complete the work
o The Geophysical work will most likely be presented in mid-July as it needs substantial interpretation.

Above courtesy of Someuwin and PantsonFire over on a-dv-fn