Member Info for tbcx

Stew909

Who is that directed at?

I'd say Brazil different league from Africa. Here we have government actively offering incentives to resource companies, stable democracy, home to tier 1s like Anglo, Glencore, Rio Tinto and BHP. Throw in strong economics with mining infrastructure across region plus relatively low employee costs, all that feeds through to higher profit margins at production stage.

Plus here we are cashed up, high grades ( suspect those historic Molly numbers being significantly underestimated by market), exploration upside, resource expansion underway, no comparison really to some of these other names.

A decent vid about the ultra bullish outlook for tungsten.

The funny part is comments people trying to ramp Tungsten West, even thought that's already had it's monster run and now valued at £500m+. And it's got to face getting planning permission in Devon. If we compare to GWMO, being in prime mine building state of Nevada, together with all those federal and local government incentives, and having such a tiny market cap. I know which stock I'd rather be in.

Https://www.youtube.com/watch?v=G2TIRpQP7e4

Looking good here guys, price action backed by noticeable increase increase in volume has to bode well leading into these drill results.

We do seem to be building a decent foundation here leading up to these drill results. Makes sense we should see decent support around this level, with market knowing the chair was happy to put in £100k at 1.4p, together with other investors paying over 7 figs at that price. Coupled with being on that Lassonde Curve sweetspot leading up to hearing some gold numbers in very short term, easy hold here.

This does look like a very good entry point. I've bought a fair chunk here but struggling to get a quote in volume, which is normally a good sign. Seems not much stock left down here.

Key point from last RNS was the drill rig can be funded from existing reserves. Removes a huge amount of uncertainty. With their own drill rig, the company will make significant ongoing savings. And not have to rely on an external contractor who also have to serve other clients. Suspect it'll enable much faster turnaround of drill cores too.

Starting to look unstoppable here guys and rightly so. Blue skies ahead.

Very nice, once active will enable that potential wall of US money to invest here. With properties being in Nevada, together with Tungsten backdrop, this story should sell itself to US investors.

Silly board censor has a bug where it removes capitals when it thinks you've sworn, so broke my link.

Here we go: https://archive.is/ZMyoW

barrick in news this week for retreating from riskier regions like ****stan and africa to refocus on north america, 0 and looking to make acquisitions.

https://archive.is/zmyow

realistically we're not big enough to be acquired by a goliath like this - but it does reaffirm the investment case for gold assets north america. we saw similar recently with fresnillo pivoting away from mexico, with that acquisition of probe gold in canada.

having this gold asset in canada a genuine selling point here - and should command a significant premium.

You are right about the warrants Mr10cent, if exercised would equate to £4,642,957 to the company. Huge. Unlike so many Aim placings you see, helps they were at a significant premium to the raise price at the time. Not in the money just yet as we know, so all hypothetical at the moment, but that level of cash would potentially negate need for any funding for years. Bring it on I say.

That 1.4p placing here was an interesting one. Share price actually went up that day if I recall correctly, and pretty much continued climbing since. Minimal 8.5% discount, together with the sheer size of it in relation to market cap, market took that slug of cash to be a decent indicator of investor demand. And so it turned out.

It's funny how it happens like this sometimes. As if one day the market wakes up to just how compelling an opportunity is, and realises what we knew all along. And rightly so, I see no real limits to where this could go.

Having £3.25m cash and being fully funded for the foreseeable a pretty enviable position to be in.

Genuinely don't know of any other explorer with this high a ratio of market cap in cash. I'll bet there isn't one.

These stocks so sentiment driven. Seeing some decent bounces across sector over last couple of weeks. Have been fortunate enough to ride a couple of other explorers on way up. Jan next.

This is truly shaping up to be something quite epic.

With everything we know is coming here, gold doing its thing, and the company being cashed up to this extent, I'd imagine it won't be long before we sail past the 52 week high here.

Very well summed up Capabilitypete 👍

Managed to snag a few more of these a tad under 1.6p which I consider a good very result.

Fully loaded now for forthcoming news. Expecting big things. GL holders.

Each update here seems better than the last. There's a genuine sense they've found a monster underfoot here, with scale that just keeps building, while they continue to piece it altogether.

In the meantime plenty of clues this is something special. We're definitely still early here, but in time I'm sure the wider market will realise it too, perhaps sooner than we think.