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Hi JC,
I've been following gold and the trends/stories , a lot of ramping / deramping depending on the objectives on things like Kitco. One minutes it's going to the moon, the next day they are saying it's going to crash to $1600.
If $2000 becomes the base and the mining plane from GCAT holds up I'm happy with that, as you say the US and UK will start easing interest rates sooner then later. I believe the US will do it this quarter, my long term projections for gold this year are $2100-2200.
If war escalates in the Middleeast then that could go North pretty quickly.
Tweet back again https://x.com/CaracalGoldplc/status/1744338608318738758?s=20
Happy new week
@caracalgoldplc
stakeholders!
Progress is on at Kilimapesa Gold mine.
2 new excavators arrived at site this morning and will start mining tomorrow in the Open pit - the focus being on high grade area as per the DRA mine plan.
The new access road to the open cast area is nearing completion - the videos below were taken on Saturday.
Work on the audit has continued through the Xmas and New Year break and is on track.
Check out some photos taken within the weekend.
Wishing everyone a great week ahead!
Not bad for a company about to go under....https://x.com/CaracalGoldplc/status/1744335359473832301?s=20
New mill upgrade and two new diggers... If this is what life support is like it's not that bad
Interesting to see what all these bits will be used for, good to see progress
https://x.com/CaracalGoldplc/status/1740651229548777526?s=20
Video showing the mine and operations https://x.com/CaracalGoldplc/status/1738155794544079324?s=20
Looks like a fair bit of activity and POG looking good at $2060
Fingers crossed JC that next QTR is a positive one from a news perspective .
There has been some good insights as to what they are upto with regards to upgrades etc , just need the regulatory side of the house back in order
Fully agreed, if they get to 24k/Oz in a year or so then we should easily see 2p+ .
Let's get out of suspension first and then get the funds and expansion, this year has been a year about survival for the company and hoping 24 is far more positive , things are being put in place so fingers crossed
So in the new tweet it shows a new mill or new looking one, is this a replacement or in addition to the existing one, need to review the upgrade plans
None the less a positive stating improved q1 production due to upgrades
https://x.com/CaracalGoldplc/status/1737394960041730298?s=20
Hi JC,
Go to http://portal.madini.go.tz/map/
Type "Tyacks" in the search bar, two new applications in the last couple of weeks as per the JV I'm guessing
Another nice update
https://x.com/CaracalGoldplc/status/1734841948253344132?s=20
Nice new tweets confirming ongoing operations and loading of pads 1-3 and some videos, looks to be ramping up again.
Interesting that one of the rumoured potential funders has also just managed to extend their credit limit for use in acquisitions, going to be an interesting month or two .
Heap leech activity over the weekend https://x.com/CaracalGoldplc/status/1731575945113272829?s=20
Still suspended whilst they get their house in order, recently secured extra funding for short term expansion.
Major funding apparently in q1 which is just around the corner now , just letting them get on with it and let's see what happens not that anyone can buy or sell.
Let's see what the news brings over the coming quarter