Member Info for tbcx

Market cap now just £6.5m. With a concrete 650k oz of gold, now priced at less than £10 an ounce in the ground. I must have looked at over a hundred gold stocks listed on LSE, Canada and Australia this year, and genuinely I've not seen anything like the value disconnect we have on Landore today.

Yes PMs taking a beating this week, but in long term everyone knows gold will only go one way. And considering we also have critical minerals and other bits all together in a district scale property in a Tier 1 location, whichever way I look at this I'm drawn to same conclusion this is absolutely insane value. GLA

Exactly, it's a rigorous process. Just because Aim has barely any regs people assume other countries are the same. They're not. Personally delighted it'll be a few weeks yet, I mean look at the wider market. This would have been an dreadful week to unhalt. With any luck it'll readmit at the point gold has established a solid floor for next phase in bull cycle, then we're off truly to the races.

Very good find about this funding, and especially it being Ontario specific.

This has to bode well, and surely gives positive read across to value of all resources across the province.

Late last year we also saw (the aptly named) Canadian Nickel Company getting a massive slug of cash to advance their property to production. That one company became a cornerstone of Mark Carney whole plan of securing these minerals on their home turf. Always thought that news alone should have uplifted this, given we're in same area and literally have same metal.

https://www.cbc.ca/news/canada/sudbury/proposed-northern-ontario-nickel-mine-set-to-be-declared-nation-building-project-9.6976989

Canada - and arguably Ontario specifically - is in many ways the perfect location.

Very pleased to have bought back in here this morning for what turned out to be a classic fomo Friday.

Allow me to be the one to dust this old chestnut off...

I wouldn't want to be out of this over the weekend... or for the next year!

Sentiment will return quickly here. It fell too fast, which also works in the other direction. Let's see if we get a decent gap up coming weeks.

Does look like a classic Fibonacci retracement from recent peak, if you believe in such things.

Bought back a bit here. GL holders.

PS smalley should be on everyone's filter list, the guy has issues that I'd wager go way beyond just Jangada.

Admittedly haven't been in this as long as some but I'm not aware of any gang in operation here lol.

In fact of all the boards on lse, I would say this is by far one of the better natured ones.

We did have one strange poster who liked to use the phrase 'stranded asset' a lot, and say various odd things about the CEO. Otherwise amazingly nutter free (hopefully that hasn't jinxed it).

Time to yolo into this. At least that's what I'm doing.

Not financial advice. 🥴

Lenigas has been and gone in this one some years ago. True to form long term chart here tells its own story. Nothing left to pump now. Classic lifestyle company.

Smkr well spotted on that article, somehow missed your link earlier.

Looking up the publisher they're part of News Corp, large a Aussie readership. Article could not sound much more bullish. Rightly emphasizes significance of Chinese stake building. Great to see this kind of coverage.

Yes, both notifiable level so a TR1 would be required, without one of those we can say for sure they hold.

Rick Rule has indicated he's diverted more to oil stocks this year. With low liquidity here, even if he exits other gold juniors, practically I can't see him drip feeding sells here. Would be far more likely in one hit to another investor that wants in. Sprott has form being ultra long term holder of his gold stocks, plus being diehard sector bull and not exactly the type to trade. For different reasons, safe to say M&A would be required for either of them to cleanly exit here. In other words, everyone has an interest in getting a deal done

Can certainly say most of the Bird vehicles have surged. BZT for one has 5 bagged in a year. XTR doubled since November. KEN year to date chart is eye watering stuff.

Always thought GLR was superior to all of them. Just a matter of time.

Agree with that FunkySausage. He will never win any prizes for investor relations but as a deal maker with a knack for seeking out these prized assets, he's right up there. Ultimately it's this that matters more than anything.

I see this as one of those shares that does not much at all, until one day, perhaps soon - and without any notice - we see some blockbuster deal that gets us the value we all see here. I just know I want to be holding for when that moment comes.

Very interesting Aussie price action, and you'd think has to be telling we're now on the move here too.

Somebody is buying these shares up, and doing so in a hurry.

Tons to look forward to here, starting with EGM next week to approve Eagle Eye investment - then soon after we should be off to the races, as they start to gear things up by applying same Toubani playbook here.

More than $3bn worth of gold in the ground.

Market cap lower than WSBN lol.

👍 Suspect you'll be well rewarded from that entry.

Https://metalsinvestorforum.com/metals-investor-forum/

Galantas exhibiting at MIF in Vancouver May 8-9th. We don't really do these equity conferences in UK but tend to be a big thing for mining stocks other side of the pond. As we get towards Andacollo deal close, expecting the PR to increase over in Canada, where it matters for more. The Sprott machine tends to be extremely good at getting the story of his investments out there. Let's see where we are by then.

WhiteDot for a sense of valuation worth looking at peers.

LSE listed wise there's OMI with a recent MRE giving 200k oz of gold on their main property in Colombia. Valued at ~$145m CAD!

There's one I have been meaning to make its own post about, as I see tons of read across here.

Scottie Resources (TSXV:SCOT) has ~700k oz in Canada (of which they anticipate a portion underground and remainder pit type). They are advancing to PEA stage. Scottie valuation today $191m CAD. Landore has that similar total 650k oz, ours being fully and rigorously quantified, also in Canada. Then you compare with Landore's current market cap.

Can only be a good sign. Nobody can try and claim this is a rollover now, these larger trades happening too frequently. Definitely seeing some accumulation take place here.