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Waiting is the hardest, just switch off and wait for the red dot.

That's what I'm doing.

I don't disagree they need to start delivering on various commitments, ultimately it's the funding that will unlock potential

Think some people would be best to sell up as they have zero trust in the company.

There are issues and the company appears to be righting them, ultimately this is taking time so as PIs we either hold even if frustrated with delays or sell.

It's that's simple, I know what I'm doing and have assessed everything in depth

Here you go

Afternoon @CaracalGoldplc Twitter. Another week of hard work at Kilimapesa … smelt day Monday and Thursday successful. Our new mining equipment has been busy opening up and stripping areas in the high grade zone. Processing Plants performed well. 2nd Mill End payment made and more steps toward closing out the expansion funding completed … wishing everyone a good weekend. #GCAT #Gold #Mining #Kenya

I would say TRX is our closest in terms of our aims/goals over the next 12-24 months , they are a couple of years ahead

It's ironic that they keep talking about the demand for various metals for green purposes or wealth preservation but the actual companies producing them are being hammered in the markets

Not sure what happened here, posted twice so apologies.

Anyway , fingers crossed for a positive day and tweet day tomorrow so hopefully some decent updates whilst we wait.

Anyone notice in the last one they appeared to be putting the finishing touches to pad 4 i.e. the big heap leech

I do agree to some extent That the whole stock system is massively fixed and against PIs, especially at the lower end it's a massive scam as I've found out over the last few years.

At the other end you have insider trading and all sorts by people in influential positions i.e. politicians that seem to get off with a slap on the wrist,most of the Tory government is a prime example.

At the lower end i.e. AIM and here it's full of trading groups on telegrams doing pump and dumps, I've been following their activities on telegram/twitter and also watching on L2 how some of the most popular AIM stocks are traded , they can only do it at the lower level due to lack of governance by the FCA and influence.

I also agree on your other statement around "not wanting anyone to own anything", funny how cars etc have gone up much more then inflation, housing market etc, all these things could be fixed, trick is not to play and these convenient buy now pay in installment plans have popped up everywhere.

Anyway, back to GCAT. The good news is with all this dodgy financial manipulation in markets and governments, Gold will go up in price as we are seeing. If Robbie and GCAT can pull their finger out and deliver this should rerate back inline with value of the others i.e. TRX, Shanta. This will take a couple of years but patience is key .

I do agree to some extent That the whole stock system is massively fixed and against PIs, especially at the lower end it's a massive scam as I've found out over the last few years.

At the other end you have insider trading and all sorts by people in influential positions i.e. politicians that seem to get off with a slap on the wrist,most of the Tory government is a prime example.

At the lower end i.e. AIM and here it's full of trading groups on telegrams doing pump and dumps, I've been following their activities on telegram/twitter and also watching on L2 how some of the most popular AIM stocks are traded , they can only do it at the lower level due to lack of governance by the FCA and influence.

I also agree on your other statement around "not wanting anyone to own anything", funny how cars etc have gone up much more then inflation, housing market etc, all these things could be fixed, trick is not to play and these convenient buy now pay in installment plans have popped up everywhere.

Anyway, back to GCAT. The good news is with all this dodgy financial manipulation in markets and governments, Gold will go up in price as we are seeing. If Robbie and GCAT can pull their finger out and deliver this should rerate back inline with value of the others i.e. TRX, Shanta. This will take a couple of years but patience is key .

Agreed, especially when you look into ME as an entity , how we got into bed with them amazed me .

Wouldn't touch that with a barge pole, anything with DL associated is a red flag , saying that we could do with some positives here

Sadly it can only go as fast as the process i.e. due diligence, legal etc.

Finance generally has become a lot more scarce for all companies whether it be mining or silicon valley start ups and investors are doing more due diligence , fingers crossed all completed soon

First time I've ever seen that in an RNS, fingers crossed.

I think the April date was them showing the start of the process with each of their defined goals and each milestone, ideally funding would have been completed and drawn down but sadly they can only work to the speeds of the funders and their process.

I believe we are close but as we learnt with OCIM, until it's complete and the funds are drawn we can take nothing for granted . Fingers crossed for July so we can get on with the interests stuff

According to the following presentation , they will be working on an updated MRE as part of the roadmap for the year once funding is complete, is suspect they are doing this in parallel already

https://caracalgold.com/wp-content/uploads/2023/06/CP001.Caracal-Gold-Presentation-Mines-and-Money-April-2023.pdf

700k of JORC resources which is more then enough for the funder to get their money back or a stream of the golfd sales (hint hint), the mining plan will show how easy it is to achieve.

On top of that we have the high grade zones which does need to be drilled be JORC certified , then Vim Rutha and then Tanzania which are both great term exploration.

Get the funding over the line and the future is very promising

Yep, only advice I can give it to look at all the recent tweets and RNS and you can see the progress or at least set your mind at peace with what ever decision you make.

We are all frustrated without a doubt at the lack of progress, WSBN was a massive con and the a few names in there that I will steer clear off, remember GCAT are producing and have licenses

It's frustrating but the toughest time is the waiting, given you've waited this long I'm not sure and extra month or so will make a difference

Agreed but they do contain nuggets for those digging into the detail and very few see tweets, ultimately it's the RNS that will move us foward

Simply trust and people are waiting for news on funding , prospectus etc and also rainbow chasing quick wins .

Robbie needs to earn the trust back over the funding issues and CLNs from Jan etc , ultimately the photos show they are actively mining and progressing, if they turn out 1500-2000 this quarter that's still close to $4 million revenue for a company with a market cap this size.

It's high risk at the moment but good shoot up rapidly on the above news, certainly been a rocky road which I believe we are coming to the end of .

Once the above is sorted and the start expanding, exploration results this should go north quickly, until then it's a case of sit patient , stay on the sidelines or sell. Something only an individual can decide. Waiting is the hardest part without a doubt