Member Info for tbcx

Impressive investors who have come on board here. Together with fact they are putting in their own money and intend to actively manage this. For what is currently a very modest sized company, with an ambitious team like this, looks set for them to generate significant value using the plc as a springboard. With so few shares in circulation, can only really see this going one way.

Storm ripping upwards. Hold on to your shares folks.

Can see why demand was high. Went in large personally and applied for equivalent of 5x existing holding. With the scale back, have still have been allocated more than what I held. Admittedly I didn't hold too many of these, region outside of my normal comfort zone, but consider that a very good result. Not often we get the opportunity to participate on same terms as IIs, so credit to the company for that.

With Eagle Eye putting in that £13m+ and importantly having that operational track record on ground, the project now largely de-risked with significant upside from here.

Big prize here is state funding and go it alone with 100% ownership. We know EU and US are in an arms race to secure critical minerals. Then you consider there are few, if any resources on this scale anywhere in Europe. Just a matter of time before EU write a cheque here. If they don't, the Americans will.

Love to see insiders with so much skin in the game here. The more the better. Easy red flag to avoid those names where directors hold close to zero %. This one had minimal discount and enabled Molly acquisition, management being aligned with regular shareholders, just what you want to see.

Also results in proportionately fewer shares in general circulation. These guys won't exactly be trading these. When we do the catalysts here well expect, small float will turbocharge momentum. Only so many shares to go round.

Great to see RNS confirming Storm news and that cash coming to Landore.

Considering we also raised £1.465m in October and haven't had big expenses like a drilling campaign since then, should be very well capitalised.

Plus still leaves that stake in Storm, which in turn has its own catalyst by owing a decent chunk of European Electric Metals Inc, which is about to launch on TSX renamed Canadian Goldfields Discovery Corp (TSX:CGM). That deal also surely shows M&A alive and well for Ontario gold assets.

Thanks, this is epic

Good question. I read somewhere that at any one time, pricing of juniors is 90% sentiment driven. Totally unscientific but I think that explains goes a fair distance to explaining what is happening here.

The previous CEO has a lot to answer for in setting expectations too high. The last MRE had a larger overall resource than one just published, so we saw a sell off when this one came out a few weeks ago. Importantly though, the new MRE is nearly all in the indicated category, as concrete as you can get. We also got decent numbers for various critical minerals including Nickel from the company's secondary property.

It's when you look at how little volume/hype there is here, you begin to see what is happening.

On the one hand we have traders who move on to whatever the momentum play is this week, and when trading is thin, small sellers have an oversized impact. Then on the other, you have both Eric Sprott and Rick Rule holding here. Both paid 2.4p, not far below current market price. Plus we have insiders who bought in much higher than today's price. And that 650k+ ounces of gold in Canada.

What first drew to me EXG was their royalty deal on the Sprott backed Galantas mine, which you may well have seen on course to be operational this year. Add that income to their pretty vast land package, plus stake in Empire even if PXC's equity gets nuked, I reckon we'll do well with that one.

PXC wise can't disagree with lenders being pole position in short term. The reason I see EXG ultimately as kingmakers is that even NIU topping the creditor ranking order have zero operational experience running a mine, or even exploration property.

In a debt for equity deal, they are going to want someone to run the thing. Can't see them wanting status quo with discredited PXC leadership. Nobody better positioned than EXG to step up at that point, via Riley. They have the personnel, contacts, boots on the ground. NIU aren't even on same continent. Riley will be at forefront of those discussions, and have that vested interest in getting EXG overrepresented. They also have form for canny dealmaking.

Either way, suspect it won't be too long before we find out.

Https://www.accessnewswire.com/newsroom/en/metals-and-mining/storm-completes-sale-of-miminiska-project-for-5.8m-and-outlines-plans-for-2026-1137696 👍

Timing of EXG announcing a fundraise despite already being pretty well capitalised looks interesting. Doing at market price implies good demand (and respect for their shareholders, some of these UK explorers should be taking notes). Do they see an opportunity coming up to acquire the remaining 80% of Empire from their highly distressed co-owner? Who knows, but despite a minority stake I see them as true kingmakers here. With half PXC board ousted, bailiffs at the door and EXG's Ryan McDermott now CEO, they appear in cruise control here. Only sane way to play a stake in Empire imo. Glad to hold them.

Horlick's ex husband was arrested and had his property raided in relation being gifted a £250m+ PPE contract and allegedly underpaying tax on it. Given contract despite having no history of manufacturing protective gear. Charging decision tbc but says it all really.

The remuneration part of the annual report will be interesting. Get to see what's Horlick on for presiding over this shambles. Sadly we won't learn exactly what price Laffer put on his soul to be here. No doubt buried somewhere amongst what will be eye watering and totally disproportionate administrative costs.

You said before he at time of his last TR1 he was insider trading, but I haven't seen evidence of that. For example there are no public facing connections to board members/founders. He might just be an extremely good trader/investor. Either way not someone to bet against.

Another positive day to cap an excellent week for news with the company acquiring 100% ownership of the Molly gold project, drilling underway, and closing in on news about Paranaita gold.

Packwood is a bit of an enigma, but I suppose all that really matters in this game is that his trades here have been fairly spectacular and that now he's significantly increasing his stake.

Never normally engage with this type of stuff but as DeathStanding is replying to nearly all my posts here:

Just learned he was criticizing the company even when it was circa 2p! You could not make it up.

If he had just bought the stock at the start of last year, instead of spending all these wasted years criticizing it, could have had an 8 bagger.

How does that feel DeathStanding?

Being right on the cusp of production before any of this is anywhere near to being priced in is a real sweetspot to be in.

The sheer scale of this project wildly underestimated by the market.

We are starting to look unstoppable here.

As a base case expecting to exceed the all time high here this year, which puts us at 10p+.

By way of comparison, some of you may have seen another explorer OMI put out their MRE for their main property this week.

They have 219k oz. They are also in cartel country (Colombia). Omi market cap today is £90m+

Then you look at Landore's market cap when we have more than 650k oz of gold.