Member Info for strudel

I do not hold a candle to the shining light that is PG.

...and much of my satellite knowledge was gained from insights posted here by the likes of Value_Seeker and the not seen here recently AM90.

And I like to think my small screen gadget and terrible eyesight add a frisson of the unknown to every Strudel posting, that hopefully amuses some as I bark up the wrong tree, or perhaps down the wrong hole.

What gets me about the drilling north of HAV is that the locations are 100s of metres apart, has been going on for absolutely ages - and they keep going back for more.

While NC may not be reporting every core I bet you if Apollo drilling even hits so much as a copper penny that fell from some old timer's pocket they will be shouting from the roof tops in an RNS as soon as the market opens.

I have another holding that has been through the mill recently trying to work out who owns chunks of its shares - "the mill" includes High Court action.

I keep that share in my "dog drawer" but occasionally catch up with news. The most recent was a routine audit by the company themselves of who held what ..... Turns out one individual had ended up with 5% or so of the company so they quietly reached out and suggested the individual formally declare their holdings. After a reasonable period of silence they announced that individual's holdings to the stock exchange themselves, and explained they had asked the individual to do so but had had no response.

I think sticking to the rules is aligned with your attitude to reputation management whether on an individual or company basis.

@J813
The biggest Step outs are, I believe, all still in the labs if you are looking at new locations beyond the northern dune line, in the area South East of the explosive store.

There have of course been lots of drills scattered even further north in recent weeks, and if you look on radar images from Nov 2018 onwards you will see isolated single drill locations in similar far flung distant locations to the west and north but seemingly none to the east or south of HAV. This may be due to where potential targets are distributed across our tenement; the shape of our tenement - why prove up mineralisation for your neighbours early on in our exploration activities? Or because with radar images once every 12 days they may have set up, drilled and gone between images.

The latest Scallywag drill circa 2,500m south west of the decline is very intriguing as it is very close to our boundary with Rio, but was always the southern tip of a huge trend line of strong gravity / magnetic signal, the bulk of which is not in our tenement.

Are any Rio watchers aware if they have reported any results from their Patterson 2021 drilling campaign - they had a flurry of activity a few kilometres north of Scallywag but unless they move fast or were drilling very shallow I was never convinced they had done anything other than ground preparation works back in April.

@ValueS,
Always good to hear from you....

The south west from HAV spot is a good 2.5km from the decline. I was, to be honest, expecting a much bigger radar echo which would assure me they were core drilling. Today's hint of a blue dot was quite disappointing. Maybe they are still preparing the ground? However, seeing a relatively huge echo back at the bend in the road 8km west from HAV was intriguing. There won't be a daylight image until the 27th which may show additional drilling activity.....

Or as per normal Sentinel scrutiny be a bit "maybe yes, maybe no"...

...and I've also just spotted we may still be active approx 8km due west at the bend of the road in Scallywag. Activity had started and then stopped there over the last few weeks, but today there is a quite a strong radar signal back again....

I know there was speculation on this board about whether GGP could get a wee go on NC's instant x-ray analysis tool for cores that are strictly speaking nothing to do with NC - Scallywag is still 100% GGP's and not in the Juri JV. If we are indeed back at the bend in the road drilling more (the most recent daylight image has nothing obvious to go with the radar signal) then maybe there is an informal arrangement and a return was decided upon swiftly courtesy of what was found from initial tests in the field camp.

Always interesting, always patience required between satellite activity and getting published results in RNSs.

A fresh radar is available on Sentinel. The Scallywag drill location spotted by everyone (apart from me) on the 22nd that is south-west of the decline is visible, although very subtlely.

Not so subtle but clear as a bell is our own northern drill towards out northern neighbours, a good kilometre north of our explosives store..... as PaddyG said, "we ain't drilling all the way out there again just for fun", or words to the effect.

The northern neighbours seem to have a field camp and not much active drilling. There are no signals leaping out of the radar image showing where they might be. Unless they are in the midst of one of their lakes - they can be a bit sparkle-y on the radar image.

Further afield, Rudall, not that I am 100% sure as to where it or its boundaries are, seems to have a single strong signal at -21.844 / 122.850. It may just be a bit of random noise as it is quite far east - and I never seem to get the lat/long co-ords to translate into the grid references used by GGP and others in their updates to convert correctly.

Since I'm working from a large screen for once my caveat will have to be "all of the above when I wasn't wearing my glasses".

Well spotted folks!

That distant activity south west of the decline I have been waiting for since Callum's screen saver days. That is the tip of an interesting bit on the magnetic and gravity charts that crosses into Rio's tenement and then pops back into Scallywag.

New image this morning. More road improvements in / around the decline and a new drill in the west, south of Lake Havieron.

Can't see anything new that may be Juri related - they were doing ground AEM according to a recent RNS so that won't leave a big footprint.

And nothing at Rudall from ourselves....presuming I'm looking at the correct bit of outback.

A fresh radar in a day or two may help the spotting of new activity.

Have just had a quick look at the latest Sentinel. Lots more road improvements in and around HAV but nothing else to thrill.

Can't see any Scallywag activity and need a bigger screen to have a look at Rudall as I'm not entirely sure where that boundary is from just looking at stripey sand dunes in the outback.

I could see the northern neighbours camp quite clearly - all the roads seem quite distinct for some reason - but haven't spotted any actual drilling activities. Do we know if they are RC or diamond drilling - diamond seems easier to spot on satellite images.

I think DK have to "formalise their offer" on or before the 19th of this month - at which point I would imagine other suitors would come out of the woodwork.

Whaddaya reckon the chances are of that coming up in a pub quiz...? Or should I not bother committing a few brain cells to remember that?

You'd fail basic maths if you presented that diagram in an O-level paper. No dimensions or volumes. FAIL.

Hi Prof Q

What's a WRL when it is not an acronym?

My radar is loading fine on an Android.....

I reckon we'll be moving our explosives store sooner or later..... That northern drill location is another new spot in an ever expanding series.

Are our northern neighbours drilling right beside a line of sand-dune? Pretty much between their two big lakes.

21.50-21.75
Make it a Gold Bar please...... It had to be didn't it?

Haven't read much of the PFS yet, but have skimmed this board and I think Hydro flagged this up...... For me it is key...... And it is in the intro highlight bullet points.

The possible purchase of 5% of HAV has a start date of 12th Dec 2021 and only a 12 month window to be exercised in. This will, I reckon, include an on-going royalty (Google - Net Smelter Revenue - I hope I decoded that acronym correctly?) To account for any undiscovered and unquantified HAV ores at the time of selling the 5%.

I love the idea of the clock ticking early and for a limited time period as it will focus minds to get the 5% deal done at which point GGP can repay the $50 million NC loan - or will we even be utilising any of it if the FS is now due in the Dec quarter of 2022?

Is this NC making sure that GGP end up fully funded as a priority and not having to use their loan offer at 7% interest to pay for developing our share of the mine. Or was this a well honed agreement crafted by someone who knows from experience how to flourish as a junior partner whose main goal in life was exploration, but having hit the jackpot, quite likes the idea of mining revenue for the next decade (or four).

I think that deal will spur the SP in the short/medium term.

In the medium to long term the SP will bounce along with good days and bad days, this board infested with nonsense from rampers and trolls. As the MRE updates colour in the details of the HAV elephant the life span of the mine will extend and values of recoverable gold and copper will increase to underpin the SP at a higher and higher level.

I like to think we will still be sitting on our hands in the months and years even decades ahead; but totally get the concept of folks wanting to enjoy their gains and to help fund life's big milestones for their nearest and dearest. Let's hope we can all time it well and top slice on the peaks as and when our individual circumstances require.

Now must read more of that PFS.....

Means Sentinel's next radar image is due out tomorrow not tonight. You may move back from the edge of your seat (whilst keeping hands in situ).

Hi Malva,

Thanks for answering my gravity plus magnetism query from a couple of days ago - I was worried that much of the good ore at HAV had no signature that could be detected from the surface.... but you assured me in my geological ignorance that this is not the case.

It would have made finding HAV a very lucky fluke with HAD005's results, and make finding the next HAV utterly impossible - unless you believe in luck. I prefer more application of engineering and analysis when picking the next bit of outback to drill.

Hi Hydro,

I decided to do some hiking in Iceland once and in a (fleeting) moment of being sensible bought a map. I was confused as hell when I perused it in my tent and tried to work out how to get up and back down high bits. There seemed to be very odd semi-circular patches where there were no contours but just numbers - like "1973" or "1955". I couldn't make head nor tail of it, then I realised there were similar red patches with other numbers like "1994".

It was only when I went hiking did it all fall into place - these were the dates of lava flows labelled by year. Black meant you had a chance of crossing it without melting your boots. Anything red was egg frying territory.

Unfortunately lava being lava meant you couldn't walk in a straight line, couldn't see more than about 20yds to the next lump, and everything had had no time to erode and was as jagged as heck.

I tried to cross one bit from the 50s to climb up a local low hill. I gave up when, having tried to traverse the lava for about twenty minutes, I went up to a high bit to see how much closer I was to the hill. It was nowhere on the horizon in front of me - I had been turned 180 degrees whilst trying to get up / over / around / back / forward through the lava.

It took me another week to work out that there is so much iron in Icelandic rocks that compasses are useless - but that's another story from when, due to a misprint in the bus timetable, I was hitch-hiking through their eastern desert and I worked out I was precisely 7.5km west of the ring road.... which was actually at my feet as I sat on a roadside boulder wondering if I was going to even see a car that day.

And if red is actually your favourite colour try this:

https://apps.sentinel-hub.com/eo-browser/?zoom=13&lat=28.60871&lng=-17.92969&themeId=DEFAULT-THEME&visualizationUrl=https%3A%2F%2Fservices.sentinel-hub.com%2Fogc%2Fwms%2Fbd86bcc0-f318-402b-a145-015f85b9427e&datasetId=S2L2A&fromTime=2021-10-10T00%3A00%3A00.000Z&toTime=2021-10-10T23%3A59%3A59.999Z&layerId=4-FALSE-COLOR-URBAN

The La Palma volcano is busy creating a second lively stream of lava, on a more northerly route, that looks likely to reach the sea shortly.... the live webcam footage is also fairly hypnotic, specially from a safe distance.