Member Info for tbcx

All looks very encouraging. Real practical steps on the journey of getting this thing mining. Plus drilling to define and hopefully expand the quantified resource even further. Reviewing the MRE this quarter so we may well be looking at more gold as soon as that.

Xinhai clearly getting things done. You just know having the Chinese on board here with operational experience and skin in the game means they'll continue to be highly proactive. They're not just here to admire to admire a few drill cores.

Also good to see they included reminder of totals from current MRE for Dokwe. 1.1m oz at very conservative 0.6g/t cut off, bigger still using 0.3g/t taking it up to 1.4m oz. This thing could really be a giant.

With very little hype too, and a proper volume backed rise unfolding here. Far more authentic and sustainable this way. Happy to have been along for the ride for what is set to be a company making year.

Good to see gold price recovering here, bullish backdrop like this can only be beneficial to the economics of our projects.

Other goldies flying, sector seems poised, as much as it feels like we are back under the radar for now, suspect it's just a matter of time before this launches again. Whether through accident or design, the company may well have ended up timing the upcoming release of the drill results perfectly.

Doesn't that account post about dozens of stocks? Can't infer anything here, and really who cares.

For some reason we have a couple of posters who have latched onto this stock trying to erode morale or police conversations, easiest thing in the world to put the boot in when during a quiet period or when a stock has become oversold. But one thing you certainly can't accuse this one of is being pumped. Compare to leaderboard on here any given day, full of rampers' playgrounds, massive difference.

No stopping this one now, time to sit back and enjoy.

Very nice close on TSX and proper volume backed too, C$5m traded over course of day. Now it's fully open to North American investors, expect momentum to build from here. This story is only just getting started.

Loading up here. Bit of TSX price discovery mode today, but pretty soon the dust will settle and I'm expecting big things from here.

As far as gold mining plays, if you know what you're looking at, this story sells itself. Good reason why Sprott has bought a significant chunk of the company. One to simply hold and enjoy what's coming.

The other potential significance of this is that back in the day, I can't imagine the processing facilities were particularly sophisticated, so for it to have been economic back then it must have been possible to extract meaningful volume even with relatively basic facilities. If that's the case, fast forward to today, we'd be looking at minimal capex required to get mining again. Plus imagine how far processing capabilities will have advanced since then. Chances are they'll get far more of it now. Add that to the current sky high tungsten price.

This historic mine is one of those highly underrated factors about this. The sheer fact it was producing tungsten historically has to be an extremely promising sign. Shows there was more than enough of it.

Got my golden tickets, expecting big things here. GL holders

Let's hope it's M&A related.

Placing wise, the company raised £1.45m 7 months ago. This year they've also had cash from selling down stake in Storm. Plus that grant given by the Ontario government. What does all that add up to, circa £2m? On the cost side, there has been no big expense like a drilling campaign. If anything they've been cutting costs, reducing staff numbers and forgoing an office lease. They should have a very comfortable cash buffer.

Over 6m oz, a real giant

Para2022 I'd say CEO the best guide to evidence pointing to chances of a significant resource expansion.

Some choice bits from recent RNS:

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"Highly encouraging indications from step-out drilling has reinforced district-scale prospectivity"

"With all holes returning encouraging geological signatures and intersections, we believe there is a clear pathway to expanding the resource"

"With potential to evolve into a much larger gold system, underpinned by multiple targets and broader district-scale prospectivity."

"Expectation remains to materially build on existing JORC resource of 130k oz Au"

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Add all this to the history assay results, and those blockbuster grades they shared at the time of Molly acquisition, together with JV on existing 210k oz Paranaíta, across the whole portfolio we are talking considerable upside here. GL

Something has appeased NIU, so it is fair to ponder what that might have been. Promoting mine manager to board may have well have been part of deal. It won't have hurt, that's for sure. They backed this in first place with intention of getting it up and running as a mine. With this NED on board they would be undoubtedly be in a better position to ultimately see that happen.

Rooting for McDermott here. He's already achieved something at least by getting NIU seemingly back on side. Most of all, would wrong to see the project fail largely down to ex-Chair/CFO. Can't have the bad guys win.

The weird thing about how sleepy management seem here is CEO was actually brought on board by the largest shareholder (a subsidiary of Mota-Engil), his main gig being working for them. You'd think they'd want a bit more urgency. As quiet as they are, I do see this as one of the saving graces here, shareholders interests being (in theory) so aligned with some pretty heavy hitters. To an extent that's rare to see on a micro cap.

Https://www.mining.com/web/tungsten-breaks-records-as-china-export-curbs-military-demand-boost-investment/

More coverage around demand for Tungsten continuing to skyrocket

It does seems like a compelling opportunity at this price, yet nobody seems to really know about it.

With £4.3m cash, market cap barely above that, new directors with big skin in the game, plus their proven track records, seems like this is one of those stocks that could go anywhere.

A prudent time to add, undoutedly

It's not proper analysis, nobody credible uses this terminoloy. Good example of AI only being as good as the prompt it's given.

Here it's churning out guff and this poor fella has ended up talking in riddles.

Definitely seems to have woken up. Perhaps news soon. With the backers we have here, look forward to seeing this one unfold.