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*defintely left Freetown
They definitely Freetown before the recent landslides.
lol, famous last words.... (Hopefully not!) :)
Mid Sept for the next/final batch of phase 3 results. Unknown for next interview. Would expect something as part of next core results.
HAHAH! Splendid, I bet in those slippery buggers you look reet dapper! Greenstone rock hosts a couple of other mines in this region which should be a guide here. Have a good weekend all.
Bonjour Rev/All. Nice tick up today, felt like this share had been driven down over last few days and that 43m buy was very suspect. Wish I'd sold that kidney after all.. All indicators bottomed and turning up so it's a technical play for now... Not sure for how long though. If it can return to 0.52 territory, then we're on for the next impulse wave up... *hides* What's the news with you Rev/Gamekeeper? Hope all good.
On th is point: "However, it don't make sense a professional like that would buy well over the odds when they could have bought back in smaller drabs at just over 0.17." You could also take that argument and say that EQD could have offloaded their 25m disposal today (if it was theirs) in smaller drabs at a much better price rather than sell them all in one lot at 0.145 at under the odds.... I guess it works both ways. Not that I'd put it past anyone to invest £91k to spark interest - but if it does, I'll thank them for it!
Yeah I guess it could have been that, or it could have been something else, we'll never know unless we see some evidence.
Lol, I thought goheavy as soon as I saw the size of the trade! I suppose it could have also been someone closing out a short, but not sure how that would show here? Howdo Rev, off me holibobs thanks, also trying to work out how to top up here. There's always the kidney to sell :)
yes indeed Micks, interesting times..
Now that's confidence!
True Royoboy, would have been nice to be digging it up about now!
Thanks Kimura for misrepresenting me. I didn't say that. But I am confident there is enough gold in the license area from my own research to be economic enough to increase the sp to a decent level to make a nice profit. Which is why I hold a lot of shares here. If you were so confident of the opposite, why did you invest given how you 'knew' how little there is here apparently and before the license area resource is proven up one way or the other? Frankly speaking, you don't sound like you know very much here with a lot of confident statements backed up with no fact. You sound quite angry most of the time and I'm guessing you're underwater and are trying to target your rage at someone. Maybe you should sell and move on because you're not making many friends here. In my opinion of course. GL if you stay but you're now on my block list as I'm not interested in wasting my time debating this with someone who doesn't appear to have done their own research.
Yes, agreed, it could have been worded better! I suspect that the remaining holes on Sanama Hill will report similar mineralisation and then we will see a refined resource estimate by end of year which RM will hold picks the sp up and allows for more equity raising in 2018 to explore the remaining targets starting with TZ4. You're right that to do that will take further dilution for the driller, and we could see a consolidation if too many are issued. We have to wait and hope the resource estimate is still! In line with or better than the target jorc on Sanama Hill and that TZ4 shows more mineralisation too.
Actually, I misread the rns from yesterday, they will get another load in September, my bad.
Ok, maybe that's the issue here. Equity were paid fully yesterday in shares for the whole phase 3 drill campaign so they won't get any more shares in September. The average gold per m is 3.65 if I recall, so it's actually within the 2-4 range predicted earlier. Let's see what comes back in the remaining 11 cores and the the resource estimate.
The drop happened yesterday, so when the shares hit the market is inconsequential. Not sure it's uncommercial though, do you know how much gold is actually there in Sanama Hill then? They've not yet defined the remaining targets, so no-one knows how much is there globally in the license area to confirm overall commercialisation or not. I don't think they're in any financing option such as Darwin, and so far there's been no issue raising capital. There will be no further drilling this rainy season which ends around November. But I suspect that there won't be any more until 2018 as RM said that their focus will be to get a maiden resource jorc for Sanama Hill by end of 2017. If they can get that, then it will give an asset of value which should actually take the sp up. Anyway, there's another 11 core results to come first.
Hello Rev, hope you're well mate. On my holibobs (hate that phrase!) at the moment but definitely loitering with intent (until I get told off for looking at sula share movement!) Suspect today's down move is more to do with the dilution due to equity release than the results which show continuity and extension at Sanama. I'm more interested in the TZ4 cores and then the resource estimate for Sanama later this year. Don't expect any further dilution until we have the resource estimate and plan for 2018 season. Take it easy.
Interesting information ParaRanger, thanks for sharing. Did the crew pass on any other interesting tidbits of information???
It's definitely no pot noodle! And at a premium too!