Member Info for Strider4

Incidentally, if the ducks continue to line up, I see £3 in 2 years is actually achievable.

It really depends what those 25 targets turn up, alongside the other explo streams. If they hit something decent, coupled with an already rock solid balance sheet (getting stronger by the day) and continuing, perhaps increasing, dividends, then this will rocket.

JC, can't remember you to be honest, as it was a while ago! Assume you're referring to the AAZ vs HUM comparison. I did come on here some time after and hold my hands up.

Matters not really where you join the party, if you are making a profit. Pride before the fall.

Indeed...so he came out with that tripe knowing full well that the results were going to seriously disappoint...

I note that the results are not highlighting the net debt/cash position, perhaps because it's worse than this time last year? I also note there's a whopping $35m odd in trade liabilities, which is nowhere near balanced by trade receivables - it's just about covered by the receivables and the cash.

What a disappointment here. Gone from being a potential divi payer to "needing a turnaround" job. I won't touch this now until they have one of the following:
1) Decent set of interims, such that it is clear the tide has turned.
2) Zinc prices go through the roof. Can't see it happening any time soon.
3) They finally get the full (no ifs and buts) green light to develop that other zone. Even then, it'll take a while to ramp up.

Chart looking super strong now. Gold is due a serious breakthough to the upside: DJI at all time highs and the global economy looking shaking (and has been for a while).

Meanwhile, AAZ is raking in the cash, self-funding a serious, ongoing exploration campaign and paying us holders a nice ~3% divi (this month I believe?).

UB, you called it. Your comment yesterday made me slightly uneasy - should have heeded it. Delay = bad news 9 times out of 10. Lesson learnt...hopefully!

Took a quick squiz. It has had a good run recently. It's FY guidance is only about half that of AAZ, but it's mcap is 2/3 of AAZ. It also operates in Russia - I prefer Azerb over Russia, as far as political risk goes. And TSG still has about $10m of debt, c.f. net cash of ~$11m here...

Worth keeping an eye on both though.

Ah yes, PWC brought in in September last year.

Isn't that something which companies are obliged to RNS? I see no evidence of it...

They ditched one of their brokers last July, but that's something completely different of course.

From the last RNS:
"This is truly an outstanding result for the Company and its shareholders. The new resource statement reaffirms the world class size of the current Zone III orebody. One only wonders what the revised resource statements for Zone II and Zone VIII will reveal and the size of the increase to the global resource at Caijiaying. Stay tuned."

Doesn't get much more bullish than that. Doubt he would have the audacity to say "stay tuned", if the results were going to disappoint! Added some more today. Chart looks great and so do the fundamentals.

It's not just a great start. It's an excellent start.

There is the ongiong LOM extension programme at the existing mines. Then there is the potential for a number of additional mines/satellites. What is does is opens the door to huge potential growth in the years to come. Out of that there is bound to come something good. And it is all internally financed from a rock solid balance sheet.

And in the meantime...sit back, collect the divis and watch the share price appreciate (hopefully) as more and more positive news is issued, as the cash piles up and certainly if we see the gold price find solid support and move back up to 1300+.

This is THE best junior goldie on AIM. If you can show me another one that's better, I'm all ears.

Big expansion potential and generating loads of cash to fund the explo. Balance sheet rock solid.

Look, wrt to Troajan it must have been a slow build up of comments over time. Certainly, in the last few months on here, as far as I've seen, I'm surprised that it is Troajan that got banned and not one or two of the other regulars on here, who are so casually abusive that it must come naturally to them.

Langtro, ok I'm not going to spend all day on here arguing the toss, as it's a sunny day outside.

How is looking at Troajan's last post in any way, shape or form a deep dive? Stealthy is digging months back into mine and picking out selected comments that were no doubt in response to abuse from the regulars on here - so yes Admin can feel free to look at the whole dirty lot if they like and we'll see what comes of it.

Just be sure to report (that's report, rather than recommend...) abusive posts from the "home" side as well...abuse is abuse afterall, however cleverly (or not) it's dressed up.

Richshep - don't get too excited. It'll be months before the picture becomes clearer and probably a full year before you could confidently say that the company is profitable (i.e. reported in an interim with the full P&L and balance sheet), if indeed it is. With MM at the helm, LTHs have every right to feel confident that it will come good in the end.

More than happy to stay on the topic of WRES if you can. From time to time I might call out on off-topics that are clearly hypocritical, insulting or otherwise.

WRES - the commissioning of the plant is now delayed by about 3 months from the original stated delivery time. We'll see just how long it takes. The emergency placing (ahem warrant conversion), was presumably needed for La Parilla, as I can't see how you could justify converting them on such "favourable" terms any other way. £1m ain't going to last long at all if they don't get the plant up and profitable quick sharpish = another placing to follow toute-de-suite. I predict first profitability at the end of 2019 - best case., and meaningful profitability is unlikely to be achieved until well into 2020. The first months of ramp up will be key, and perhaps a clearer picture will form. Then again perhaps it won't as MM is the master at dressing things up, and until he can be nailed down on some hard and fast numbers (i.e. pre-tax profit, net debt etc) then he can talk it away in generalities.

I remain an interested observer, watch the chart and if all of the ducks line up at some point, months down the line, may even dip a toe in.

Richshep, Funny how I might remember such a comment. Seems you do too. And it seems you were stalking me onto the SOLG board like a number of others in the WRES GANG.

"concerned"...utterly false. If I have any further hint of that along those lines, I will be pursuing it to the max with Admin.

I am not continuing this conversation any further now. And if you or any of the others on here post snide or "concerned" comments about me on here, I will report it and it should get the treatment it deserves.

Try sticking ON TOPIC richsep, and "worrying" less about my stress levels.

"Strider, Lighten up. If you are picking fights all the time not good for Health. Want to hear something nice from you. Go on do it."

Wolf in sheep's clothing: at Christmas you implied that I have mental health issues - the comment was duly removed by Admin. And now you're pretending that you're Mr. nice guy. Sickening.

Thankfully Admin looks to be stepping in a bit more now, and not before time.

Thank you for stepping in and monitoring this board more closely. Abuse by the regulars, might is right style, has been going on far too long and this is a step in the right direction towards putting an end to it.

"It's okay letting frustrations out because you have monies, invested here. But some of the remarks of the people who are not positive about company are becoming personal and vile..."

Translate: it's ok to be vilely rude, just so long as you are one of the regulars. Good on Admin for finally stepping in.

And if I get any abuse following this post, I will report it. So good luck to you.