Member Info for SpotTheNutters

Not surprised at the move as just a start on a bigger journey, considering the below:

__________

If you wanted to expand Marc Sale's assumption further:

What is he telling us ?

"When you put it into context, our next door neighbour, Agnico Eagle, the largest Gold producer in Canada, and they have a 3.3 Million Oz deposit only 10kms away on a similar structure and a similar style of mineralisation, I think this could be a company maker for First Class Metals."

The neighbour has 3.3 Million Oz From 'a' similar structure. From the evidence so far, that FCM have 'three' of these structures on the property. So, 3.3 Million Oz on Sunbeam or a collective 9.9 Million Oz ?

Or another way, hinting there could £11 Billion's worth of Gold on one structure, or £33 Billion on three of them ?

What's the Market Cap again, 5 or 6 £ Million ?

All to play for. 😀

' its normally the case if you are good at math your poor at English and vice versa '

😅😅😅

What a load of utter rubbish ! No it isn't at all.

Lamest excuse I've ever read about a low standard of literacy, but then again, in line with expectations, given that the author also likes to fabricate facts.

Maybe there's a strong connection between illiteracy and the urge to perpetually lie. Must check.

😅

JP

Think I'll take the CEO's view on it, who's already got 3 separate Million + Oz Discoveries under his belt.

How many have you got ?

'clickbait merchants who continue to try and throw stones'

😅

He should be careful, next they'll be calling him a ramper. 😂

'Demented history teacher mode' !!!

😂😂😂😅😅😅

Good point, about the timescale, which shows that Kefi will have beaten the average timescale. 😀

'It takes an average of approximately 16 years for a mine to go from discovery of a deposit to startup. Open-pit mines have a longer average lead time than underground mines due to the longer exploration and permitting phases. '

Due to start production, mid 2028.

The TK mine developer, Lycopodium, two weeks ago:

'with delivery of services having already commenced for full gold production anticipated mid-2028.'

Bounty

I've read posts from hundreds of 'armchair experts', just like you, pretending they have the qualifications or expertise to advise other people what they should do with their money.

Your advice on the 1st August last year when it was around 0.5p:

'Again I would say sell up and invest in us market taking advantage of today's fall.. You will do much better'.

It tripled in short order and anyone could have doubled or tripled their money and sold for months after that had they ignored your 'financial advice'.

Here's another pearl of wisdom from you on the 23rd September:

'When was the last time when someone made any money in Africa besides.'

Er, Endeavour (EDV), Gold Producer on the Ftse 100, valued at £9.7 Billion, core interest West Africa.

So, it's all very well trying to criticise others for what they invest in, but if you're going to try to put yourself on a pedestal, and falsely claim to 'know better', it's probably best to make sure that your previous failed claims and 'advice' can't be shot at.

🙄

Bonkers

Incorrect, it's already a Gold Resource stock, Construction about to start, followed by Production.

Exploration

Discovery

Resource Definition

Pre-Feasibility

Feasibility

Financing

All above done.

Construction - Starting

Production.

And yes, you've called the price of Gold incorrectly and the price of Kefi incorrectly over the last 12 months, which demonstrates the 'blinkers'. (In this response, I'm ignoring all of the additional nonsense and unintelligent finger pointing at anyone with a positive view, that you can't help yourself from writing).

I've been rewarded well over the years, thankfully, because luck always plays a part too, ignoring self appointed, anonymous, uninvested, armchair 'experts', and I'm not going to change that strategy.

Well, Bonkers, when considering 'opinions', there's a few barometers.

Aside from cheering his own corner, which would already be obvious to all, he has industry knowledge that surpasses yours.

He has £20 Million invested, you have £0, so he's put his reputation on the line.

He accurately predicted $ 5000 Gold well in advance, you spent months last year claiming it was never going to happen.

He spends his day actively analysing Gold stocks, you spend yours actively berating something you have no investment in and berating those who are invested in Kefi.

Synopsis:

You make irrelevant and inaccurate assumptions about other people's personal intentions relating to their investment strategy and their balance of portfolio risk relating to one stock. This is because you're negatively blinkered. You sold out at the lowest Kefi price last year, yet could have remained invested and sold at multiples of the price that you chose to sell at, so this demonstrates that you fail to recognise market and stock sentiment.

It will therefore comes as no surprise that for me, your opinion is not one I will ever be basing any investment decisions on, but thanks for showing concern.

Jeremy Gray, CEO of Chancery Royalty

Some salient points related to Kefi discussed, covering Gold price forecast, number of Gold ounces forecast at Tulu Kapi, and Kefi being 'bought out' forecast.

______________

Pretty volatile couple of weeks since the Iran invasion. Look, we've had a pretty bullish call on Gold for the last 18 months, and we predicted it to hit $5000 a while ago and we're seeing it going up to $7000 by the end of this year. Now, of course, its a roller coaster as well and it might have its bumps along the way.

Tulu Kapi came on our watch list just before Christmas. Another royalty group had spent many months negotiating with Harry about a royalty.

It's probably the best undeveloped Gold mine in Africa, and East Africa, it's this new area. Harry describes Ethiopia as Western Australia fifty years ago. He's basically fully funded now to start construction at Tulu Kapi. I saw it and knew instantly that it's our fourth royalty that we must have, so we've invested $20 Million in that royalty.

I was with Harry over the weekend, it's funded a lot by two big African banks, ourselves and equity investors. I think it's going to be a tremendous success.

Going back to Ethiopia for a minute, I was shocked at how modern, advanced and booming that country is. I think a lot of people think of that country and think of 'Live Aid' and Bob Geldof, all that stuff from the 80's, and now this place looks like Dubai. Obviously now, it's a better place than Dubai (referring to Iran), the country's booming, and I was taken aback at just how amazing everything looks, and East Africa is the new frontier, because West Africa has been picked over by the big players and by the Chinese.

Kefi, the same, long life, life of mine, I think there's at least 3 Million Ounces.

Kefi is a very special asset in a very special part of Africa, and honestly, I said this to Harry on the weekend, 'you're going to build this half built and someone like Endeavour (EDV in Ftse 100) is going to buy you', and then our royalty is going to become even more valuable, when a major like Endeavour picks that up. You'll notice Allied Gold, in Ethiopia down the road from us, just got bought for $4 Billion by Zijin in China.

Oh, so now it's not just 'muppet', it's 'troll' too, because I disagree with the tripe you're writing. How erudite !

That's after you crying that you were 'being attacked', despite no name calling from me.

And despite how terrible you're repeatedly claiming it all is, you're still holding stock.

Not very convincing at all on numerous fronts.

😅😅😅

So, what's changed ?

In the RNS today:

'The Placing was oversubscribed'

How is that different to:

'more than enough capital on offer for the Project development'

🙄

Oh, I see, so you believe an 'investment law' has been broken.

Well, in which case, you'd better sell your stock holding, in case 'the authorities' find you complicit by supporting them financially.

🙄

Oh, okay, so rather than provide an alternative solution to complete the financing, which they've done, they should have announced that the financing couldn't be completed in the way they first intended, just to keep you updated.

Because that would have had a far more positive effect on the share price .... not.

🙄

Fook.in hell.

Yaaaawn.

'It's not fair', 'I need an explanation', 'he could have, but didn't', ad nauseum.

Any of you whiners ever discovered £ Billions worth of Gold, got the approval from a foreign Government, set up the financing for developing a mine, selected a mine development partner, etc ?

Er, 'no' !

Armchair experts. Boring.

Who's claiming a discounted placing is 'wonderful' ? Nobody.

Yes, happy to remain holding, happy that there's a path to extracting £ 5 Billion of Gold and happy that the wild speculation about the financing not being finalised is answered. If I was unhappy like the whiners, I'd have already sold.

They didn't though, so what's the point of a 'what if' ?

Sell if you're so unhappy.

Bradley

'All the people saying no TR1's!

They don't have the shares yet! Go figure!'

Haha, just a doom mongering 'technicality' they 'chose' to overlook !

😅

You're not alone. It's happened to me too on the odd occasion. 🙂

Not really, in candour, it's simply that your constant moaning and griping about events that you can't change, are boring to me, and pointless.

You're still invested, so try to enjoy the journey, rather than whining all the way through it.

Get a grip. 'Being attacked'. 😅

You mean expressing a difference of opinion. 🙄