Member Info for StrummerJones

Hi Toptuf.

In amongst some emotive and agenda driven posts only concerned on next day or weeks price. I think that's a very good analysis.

Thank you.

For what it's worth. Having been aware of DJ on both GGP and then HZM for some years. I like him and think he's quite genuine. Happy to share his research and open.

What DJ has always been poor at, and I think deep down he will admit it... is sitting on a position for a long term. He tends to get ants in his pants and finds a few other juicy options and shuffles his funds about. Happened to my knowledge here, GGP, HZM and also recently on GRL....

We have joked about it a few times on other bbs. But along the way he has certainly made a few quid and shared some interesting info to a depth most can't or won't do tbf. But sitting on his hands doesn't come naturally to him I have to say...
;-)

So we live with it.

Over the weekend I suggested come back today and we would see if the PFS lead up 6 point increase was traders loading up, or a real rerate on expectation of good news.

What ever the detail, and the fact that the PFS for most in the know was only a stepping stone. The Traders have won out for now. As the market has it back to more or less what it was prior to the uplift last week.

So be it. Happens on AIM all the time.

It's disappointing, especially following the last 10 month share price falls. But we all have options still:

Hold for the upgraded drilling, and end of year MRE progress. Or sell up if disgruntled and find an alternative. There are lots out there to try.

On the big rise I took 5.2 million shares off the table for various personal reasons. I still hold 2.15 Million. I continue to hold, as generally am a cr*p trader, and rightly or wrongly saw the PFS as a box tick along the way. Hence half expected the sell off on Monday.

Each to their own. But see no point arguing round and rounded on it.

Make your own calls and live with them. I hovered over an accepted sell at 37.6p for 1 million of my remaining shares at Xmas with my broker. Counted down from 15 seconds and I chose to not sell. Foolish... short term.. yep. Clearly. But that's life. You move on and we shall see how it goes here again.

Cheers.

Hi OMM.

I saw a few Green boxes and then your post. Assume that someone I had blocked previous for daily ramping a few months back had responded. So unblocked and read... this is a nice story for sure...

OK so then all is still being reported as going well. Fine...

We do however need the independent lab results to 500m down to back all this up do we not? Plus what the intention is to get to the supposed ore at the over the 500m depths.

But surely for most everyone on here, bar the hardcore amateur geologists... we need to see some material progress in the SP after all these promises! .77p is same as it ever was, is it not...

Then and only then will all the public statements from the company have some creedance to existing and critically new investors IMO.

Timescales for that were supposedly imminent.... all the rerate talk a few months back. So where are we now is what we need to be updated on officially via RNS IMO.

Cheers.

Although I am sadly all too familiar with the history of this share as I have outlined in the recent past.

I don't have the time to follow it regularly as some do I know.

As mentioned before though, and despite the hoopla weeks back on each hole going directly to the labs blah blah...

If you know a bit about the backlogs on other shares you would have suspected delays are current. Up to several months I know in some cases in WA at least.

So as the start of drilling was what... must be a couple of months nearly by now (?). As no peep out of the company officially on these top 500m assays. I assume we are still in those Qs waiting for official results back?

Can anyone confirm status here. As not been following it closely please.

As to the theory that was put foward about the main ore body at >500m. As mentioned in a previous post. I can only assume that to scale that (if a possible option). That we will see another of their placings coming pretty soon. As assume further drilling at that depth will need more capital (?).

The raise looks tricky of course. Given that the price as retraced, as many of us suspected it would, & is as usual here... so back at "base camp" again.

Seems like more questions than answers still here then.

But be interested in views, as with all that daily pumping about 2 months back. This one's gone very quiet it seems?

Ta.

So as it stands them the circa 6 point rise end of last week remains held. But not currently increasing much.

As said at the weekend. Come back Wednesday/Thursday, after a day or so to settle the dust. We will then see the fall out short term, & if the PFS is enough to hold it still. Or hopefully increase it. Or if the usual pull back results.

But for now the uber pumpers can pump. The de-rampers deramp. It makes little odds to some off us, as the market will ultimately be the judge.

Personally though I am fairly content it's not taken off on one again yet today. That would very much signal the buy on rumour, sell on news crowd are pressing the FOMO keys ready for the sell off.

Steady away suits me & suspect a few others?

Cheers.

IMO the share price come about Thursday next week will be a very interesting indicator of where this is going short term.

After the dust settles on the PFS, and well before the December formal MRE update.

Can the recent 6 odd pence uplift be held, or even bettered.

Or will the traders loading up for the PFS pull it down again. AIM is of course notorious for the cliche of buying on the run up and selling on the news etc. Especially when there is a lot of expectation of the reverse.

Sure, LTH plus those still under water from the terrible 2021 performance will hold. But will those that got on at 16p....?

That will be interesting and either build a new base for the later MRE. Or precipitate a stumble back....

COP Wed and Thursday coming will reveal a lot.

Cheers.

Hi Lethal.

My honest view is that I don't think the management here have been too great recently. Its very trying times though. So I cut some slack. In the aforementioned HZM. With a really well regarded BOD. Have seen the struggles over many many months to get their finance. Its almost there. But its been painful. This lot arnt as good IMO on that side. But... but...

In both cases I like the resources however. Here then, In amongst the justifued finance frustration. I still, perhaps naively see some decent technical updates, grades, stopes etc. Even in this RNS.

Sort out the finance Toby. Or add someone who can.... and then I still feel there is good stuff under the earth here.

As said. With 530k shares at 39p avg I am sitting on hands to see those up lands. If the resourses were rubbish. Would be gone.

Just my take.

Rgrds.

Have to agree Ant.

Your posting style has always been the Eeyore one... So not just now! :-)

When I was green confining the 3 Stooges. Who aside from the odd box I assume have mostly have now done their dubious jobs n left ( from the more limited coffins I now see?).

There were a few on here saying you were part of that set too.... But never filtered you, as said at the time. Thought you genuine. Though clearly very negative on stuff. But I quite liked your nononsense "style".... enough if you recall to even speculate on your motives and situation ;-)

However, you did by own admission sell out a little time back. So kicking it further here does smack of a bit of sadism now ...

Why not go use the time to find one you like?

I'll give you a tip. I think the 2 tier one Ni mines held by HZM with finance 2/3rds done and the cornerstone and off takes imminent is one to look at perhaps...

It's my other main green metal. Not pumping. As said I remain in here and there too. But maybe if you researched that one you may be a happier camper than you were here .... just a thought?

Cheers.

Sitting on hands still for mid 2022.

Funds arrive mid Nov. So this RNS a month early for me sadly...

Almost tempted to sell elsewhere to top up if this keeps going down in meantime.

Too many panic types on these bb.

Just my approach.

Have a good weekend.

O/T GGP.

As am sure Burleigh will testify. I am no apologist for GGP. I am invested there. Have made quite a bit of money there last year. Some of which came here. I held 7.7 Mill shares there at avg 3.64p. It climbed to 38p.... on the way up I sliced 5.5 Mill off for my kids mortgages and to invest more by diversifying into the likes of here.

Not being wise after the event. But felt it was overheating and was way over bought for the official figures of 4.2m oz. With GGP in for 30% in JV etc.

I now hold 2.15 Mill there, as do believe they will eventually see 30% odd of (say 20 M oz plus equiv). Its a big find and growing. With a likely low AISC, due to Telfer NC processing plant just down road etc. But have hedged my bets into my 10 Mill plus shares @5.07p Avg here amongst others. Good call or not... we shall see.

What I don't like about GGP isn't the valuation. Below is something one can argue that was posted there and I cut n paste without comment fyi.

I just dislike the tone of many of my fellow LTH there to anyone who dares discuss anything RE the share that's not a uber ramp... sad, as it was a great bb in 2019 before it went ballistic. But that's what success does. It will come here no doubt as we have postulated before one fears...?

Anyhow the post with no comment I saw that may look to justify it...

"Based on 10m oz

POG - mining costs, tax and royalties, lets say $1000 profit an oz

GGP’s 25% is 2.5m oz x$1000 = $2.5bn not inc copper

@ 20m oz $5bn not inc copper

@ 30m oz $7.5bn not………. I think I made my point.

And with gold at $3000?

And with another strike at one of the other targets?"

Cheers.

Cheers G_G_G.

I am torn. I want the finance sorted. So that the focus for RMM is on the technicals, increasing the output and paying off the offtakes n moving on to better things and so on....

But personally. I have targeted a couple of my miners to add to when able, which is in a month's time. One or more of here, HZM or GGP will get some funds. Its a race to see who.

I think RMM, as said, will likely complete before then and give the SP a first lift back. But HZM has also 2 legs of 3 of its finance set. Also due the 3rd anytime in the next couple of months. GGP has its PFS coming next week. A strong 20 % jolt up today is a start back, though still 50% off its peak. But its upgraded MRE id not due till Dec... so we will see if that's sold into prior etc. That upgraded resourse estimate may move it back up more IMHO.

Plus my eye is on Armdale and Phoenix Cu as other new ops possibly for me....

It's thus interesting times. So therefore be v curious to see this SP come a month on in light of all that lot??

I hold a medium for me 530k here, at an underwater for now 39.02p avg here. But have some strong hope that it's going to move up in the next 10 months to my next review point. So if its much under 25s by mid next month may we'll avg down a bit more here. If its lifted off will look ekse where maybe...

Just my honest musings.

Cheers n Rgrds.

Hello Mr Regulator.

Thanks for the feedback. I noticed your 27 odd negative posts on RMM in the last 30 days.... so assume your in the camp that says my top up mid Nov will still be at a low price then !!.. that's what I am hoping for chum... though not expecting....

Denial is interesting. I suspect that your type will be long gone by my main target date of mid 2022, one way or the other.

So little one me happy to float aling here unstressed personally till then. Hope you are in a position to be similarly chilled. Though reading your pithy submissions to date... you seem a vexed character I fear..

Not a good trait in a trader my friend...

Good luck in your bone gnawing though.... :-)

As mentioned before.

My review target date for RMM is Aug 2022. By then, this will have been mismanaged and sunk without trace. Or; my hope and expectation, is that the turnaround will be in full swing. The Mgmnt to have got to grips with both the technicals and the financial. That being the case the SP will have had a strong rerate etc etc.

My 2nd target is a more immediate one. By mid next month (Nov). I will have a reasonable new set of funds to likely invest. Some I had pencilled in for here. So I am interested to see if this SP therefore will stay this low by that time frame.... I kinda suspect the finance details will be in by then. So probably not. But it will be interesting to see. A month or so flies by in these type of shares. So I never say never....

Interested in others views...?

Paid Stooges....

Do some research CaneTodie...

If you did you, you would see that on this bb was DJG123, Helpme01 and AN other.... who though to me is green boxed, is assume still posting. Moon. Who unlike you had/has a certain charm!

You are weird. If you realky hate the BOD, and tbf they ain't performed great recently...

Dislike the whole setup, and can name 5 other "great Cu plays"... then why not go to one... why posting here, if not for a nice lower traders entry!

Seen you before, I know your sort... you think the world awaits your every breath.... P. Weller...

You are no more than a hyena.

O/T regarding HZM.

But last thing will say here for a while to Burleigh.

Is that, I saw you blazing away on the very "clique" oriented GGP bb. Trying hard over a couple of days to wring some sense out of just the types of people you mention. Spoke to you after, as kinda admired your principled go at it.

Of course you failed. All do there. But you were not backward in coming fowards that day I would say :-)

I hope you have found this bb a bit more open minded and friendly generally, regardless of how you think on the share prospects.

Cheers for now.

Cheers Oiltap.

I hold now only 4 AIM miner/explorers, and have adapted the date driven reviews for a good while with 3 of them. Seems to make me happier day to day and able to treat the:

1.6p to 38p to 16p (GGP), or the 3.1p to 10p to 5.8p to 8.5p of HZM. Or here the .36p (equiv), to .62p to .2p (RMM) ....

Just like Kippling !.... so meeting Triumph n Disaster ...all the same.....

Only as my review comes up do I make calls on resourses I generally looked into and believed in back then. For better or worse.

Example I still hold a considerably bigger chunk of HZM in my PF than here. My long planned review was post next finance stage, as it happens from only yesterday. SP did little. But I viewed it as a very strong milestone... so hold n will review again after final tranche of fin data hopefully in next 2 months hits. Review now set for just after Xmas etc.

The only AIM share I wing it on is ROCK. That's a basket case though, always has been..!
and the money in there is relatively small for me v the others. So I just let it ride n hope... :-)

Anyhow. RMM I like. The product n resourse. Fact its a mine, however broken. Not a sketchy plan in a notebook. Yeah its got issues. Not least the management don't seem quite on top of it still. But as I like the basics I will give it to mid 2022... assuming it still is here :-s.... then see how the wind blows.

Good luck, n thanks to a number of sensible n knowledgable posters here in amongst all the Stooges...

Cheers.

Well. I know it's if likely of no real interest to most. But in case anyone else has a similar date based review strategy.

My 1/10/21 HZM review of my holding 2 years on from my first investment here is hold.

My next review of what to do with my 10.565 Mill shares is down now as Jan 31st 2022. That's a lot sooner than my usual timescale. But by then I hope to see full financial settlement. Offtakes, Cornerstone and equity all very clear. Also the mine build up and running!? The later in that ramp up will need careful look. As it will, &as said before have its issues no doubt. But you can't make an omelette without breaking a few can you ;-)

Overall, whilst slightly disappointed in the SP reaction to yesterday so far. There is enough coming. Short, medium and longer term to make me feel its worth holding a fair %age of my PF here still.

That's probably it from me for a while. I am not technical enough, unlike a few here to comment on the mining detail. So will bow out and still read on occasion when milestones arrive.

In JM hopefully in good hands. Good luck all. Its been a pleasure reading 99.9% of you..

Cheers.

Leaving aside all the personal polemics, the various forums and the sometime unsavory personalities involved.

I think there will be a simple set of Investors here who want to see some proper results out of a company, that so far is renowned for producing very little of note.

It's got these Cu prospects. It's drilling. It seems to, for what ever reason have gone to 500m only. It seems to think there may be stuff further down. Fair enough. But we won't know on the top part until we get lab certified grades etc. The lower I can only assume a placing will come to allow them to drill deeper... if they are serious, or even if not on past track record!

If not then we are back to the lifestyle share that all LTH know only too well, and the history of which I outlined for newbies a few days ago.

Some wanna fight here, as sounds like they gave over committed. Some wanna form forums too.... that's up to them.

I want the SP to increase. Get my underwater money back, and hopefully make a profit. To do that the market needs convincing. New share holders need convincing.

So please DP outline the plan. Cost it, deadline it....and just get in with it. Produce us some worthwhile RNSs that move it forwards. Not cause 18% drops off an already weak price like the one the other day.

Too much to ask?

Cheers.

Personally I think that if a few people took the approach of setting a share review deadline. Mine as said is August 2022. Rather than hand wringing on every daily price and news change.....

Then they would be a lot happier. Bottom line to me is pick your date... thrn, do you think the resourse progress by then will mean the SP is where you want it to be. Break even. X1, x2 x100 whatever....

If you think it won't make it by your personal date need...

Sell now and stop the endless moan.

If you think its got a chance. Wait, or if inclined, and you think this is a good price and have funds add...

Might stop a bit of the teeth nashing?

Cheers.