Member Info for Steve4077

@Goldstone_uk

I note from your posting history, you sold out in December. Many people who sell out of a stock don't want it to succeed because that would mean you made a mistake in selling.

If anything, the increased number of de-ramping posts is a very good sign that we are close to a re-rate. This is a very different situation that the finance last year due to the type of organizations involved and the very positive recent signs (including from the Ethiopian government).

In any event, we should know for sure in a few weeks.

In terms of Bushranger, we are awaiting hole 1 assays which are apparently "imminent" :)

Next news after that would be on hole 6 in maybe a couple of weeks. There may also be some news on the Africa assets in the meantime.

@Themaskedsinger

You only post on the KEFI forum and all your posts are negative. In fact, negative without any substantiation - the classic de-ramp. What is your weird obsession with a share you don't even own and why are you focused solely on this share? Did Harry kill your cat or something?

> >Hope you are correct Dibs, cos it is getting a bit depressing each day.

Its just short-term movement. Some is due to MMs looking to shake free some shares for the next leg-up, some is trading cashing in their 10% gains and some is people being bored because there is no news for a few days.

If you look at the long term trend, it is very much upwards. A couple of weeks ago we were hovering around the mid-5s.

It was the highest volume in a week yesterday (by about 5m), so you could be right.

That seems logical. However, the XRF doesn't include any gold content, which would increase the CuEq, plus the mineralization could be in blebs, which would throw off the XRF results either way.

>> If you want the best chance of benefiting from the Anglo American fundraise, ARCM is by far the best bet as it is already in the final stages of concluding a deal with Anglo.

In that case, you should sell your shares here and buy ARCM :)

Excited is an understatement. He can barely contain himself :)

He seems positive on the assays. I wonder how much he already knows.

>> A little disappointed that mineralization didn't extend a bit more....but that still gives us 800m of it.

I think it says a lot about the scale of the discovery that you can use '800m of mineralization' and 'disappointed' in the same sentence. I think we are becoming desensitized :)

RNS for hole 5 was released about 30m ago :)

The current drop is on tiny volume. About 400k since RNS. I suspect MMs gathering up weak hands before assays.

Correction - 119m

The previous RNS said that mineralisation started at 45m and this RNS said similar to hole 3, which was 800m+ mineralisation from 199m.

>> Doesn't sound as good as the previous holes.

Did you read the part that said "The hole has now been completed at a final depth of approximately 876m, having passed through the full porphyry deposit sequence containing chalcopyrite-pyrite-pyrrhotite mineralisation similar to that reported previously for hole BRDD-21-003."

So same as the very good hole 3. Now they want to see how good the porphyry is deeper down plunge

"The next hole, BRDD-21-006 will be drilled to the north from the same pad as BRDD-21-005, but angled to drill obliquely through the mineral zone, aiming to provide an intercept across the deposit at greater depth down-plunge."

>> One more unto the breach, dear friends, once more..

Not sure that is the ideal quote, considering the next line is...

"Or close the wall up with our English dead."

MMs have brought down the bid-ask in the last 20m without any volume. Possibly a tree-shake ahead of news.

>> You are right. The saying no new is good new just isn’t right.

Not sure why this is so difficult to understand. The CEO said there would only be an RNS after the hole was complete or there was a technical problems. Therefore, no RNS means they are still drilling, which is good news.

If you are concerned though, you should sell the stock.

>> Lots of selling today!

Strange that the volume is the second lowest day in 2021 then :)

Some odd share price movements this morning on very low volume. Only 400k traded, yet opened at 7.65, went up to 7.94 and now back down to 7.5.

MM are moving the price around with very little pressure either way.

>> i have been invested here since they were messing about in the north sea so have been let down many times before

If you are concerned, you should sell. We need to free up some shares :)