Member Info for Terry_Tibbs

To have some constuctive, informed opinion on this board instead of the constant vitriol and pathetic point scoring. Respect the fact that people buy in for all sorts of reasons and lets have some reasoned chat based on realistic expectations.

A couple of recent posts:

The project is definitely maturing at a rapid pace. I could see a big developer offering a buy-out once the mining lease is approved and maiden MRE is annouced.

It is easy to see what is likely going to happen here. Get mineralisation report to submit with mining lease application. This can take quite some time to be approved. Engage a mining contractor to do earthworks for mining. Open a pit and extract shallow ore for processing. Engage carriers to transport ore to a processing plant. If they can get access to use the old cannon mine haulroad from the south which is under 2 kilometres from the tenement that is a massive win. Biggest problem for RGL is $$$ which they dont have to get it all rolling no thanks to the previous MD who smoked $5.7m chasing rabbits.

What report? Beyond what was in the last RNS?

"As illustrated in the Leapfrog figures within this announcement, the mineralisation envelope and footprint continues to grow, with the 3D Leapfrog model being used to refine areas for the next round of drilling. The drilling which has been targeting higher grade shallow gold mineralisation, may lead to these areas being the future focus of reverse circulation and diamond drilling below the higher-grade oxide gold mineralisation to expedite the Project towards a maiden Mineral Resource Estimate (MRE). We are encouraged by the recent success of Black Cat's Myhree open pit operations[1] only 7km up the road from the Northern Zone Project and we are assessing if similar operations can be achieved with the Northern Zone Project after we convert the tenement to a Mining Lease. The compliance mineralisation report required for the application is nearing completion and we expect will be lodged early next week."

1: That is early this week, so today or tomorrow for the ML app confirmation and compliance mineralisation report.

2: And a future date (not specified) for the maiden Mineral Resource Estimate (MRE)

Lower volume today, but buys v sells will be interesting, not many selling at this level.

No L2 commentary?

No promise of RNS today.

1. The compliance report/licence application - early next week...

2. The Mineral Resource Estimate (MRE) - who knows when...

As per the last RNS:

"The compliance mineralisation report required for the application is nearing completion and we expect will be lodged early next week."

Gold mineralisation remains open in multiple directions and will require further modelling and drill testing as the Northern Zone Project matures. The Company will continue to further its understanding, in conjunction with its potential JV partner, Riversgold Limited, of the Project before proceeding with a maiden Mineral Resource Estimate (MRE).

I'm tired of the constant ramping and de-ramping on here, from one extreme to the other.

We are waiting for two things currently:

1. The compliance report/licence application - early next week...

2. The Mineral Resource Estimate (MRE) - who knows when...

As per the last RNS:

"The compliance mineralisation report required for the application is nearing completion and we expect will be lodged early next week."

Gold mineralisation remains open in multiple directions and will require further modelling and drill testing as the Northern Zone Project matures. The Company will continue to further its understanding, in conjunction with its potential JV partner, Riversgold Limited, of the Project before proceeding with a maiden Mineral Resource Estimate (MRE).

The MM's manipulation recently is frustrating, especially given the volumes and demand. Looks like we're in limbo until news breaks, but break it will IMO...

A notice of cancellation of admission to trading on the Alternative Investment Market (AIM) is a notification that an AIM company intends to cancel the admission of its AIM securities to trading:

The company must notify the Exchange of its intended cancellation at least 20 business days before the preferred cancellation date.

The cancellation is conditional on the consent of at least 75% of shareholders' votes cast in a general meeting, unless the Exchange agrees otherwise.

The Exchange will cancel admission if the AIM securities have been suspended from trading for six months.

Bid dropped to 0.045

Https://www.mining.com/web/column-tin-supply-chain-tightens-after-key-mines-long-absence/

An interesting read...

I would respectfully suggest that you seem to have too much time on your hands and your lengthy "analysis" is absolutely pointless. Just sit tight.

Bit premature, a long way to go yet...

In the most simple terms, Market makers set prices based on supply and demand. If there is more demand for a stock than there is supply, the market maker will increase the price. If there is more supply than there is demand, the market maker will decrease the price. However, market makers routinely take positions in stocks, long and short, and then turn them around for a profit or a loss later in the day. They provide liquidity, too, but they are more focused on capitalizing on your lot of stock by buying it for their own trading accounts and then flipping it to another buyer.

From a casual observation I would suggest that the volume of CUSN shares bought outweighs the volume sold on most days, it would be interesting to look at the volume bought/sold over a period of time to establish the demand. Then the question would be why the drop in SP?

Whatever the reason for the declining SP it is certainly not based on CUSN fundamentals. I'm happy to top up, reduce my average and wait.

This is a good read, and relevant to the current situation. https://digitalcommons.wcupa.edu/cgi/viewcontent.cgi?referer=&httpsredir=1&article=1001&context=acc_facpub

Give it a rest, I'm sure I'm not the only one getting tired of your behaviour.

"Ask yourself why they will deny something over the phone that they won't deny officially via RNS?"

Perhaps because RNS is a statement to the investor community, that is usually tightly worded and subject to the rigours and oversight from both the Nomad and the Exchange. In the literal sense it should only convey simple instruction or disclosure of information, not to counter hearsay or gossip...

Well I live in the shadow of South Crofty and if there was a rumour of any sort I would know all about it. Nothing to report, I'm happy to hold and am looking long term. A good opportunity to add and average down IMHO.

Https://www.cornwalllive.com/news/cornwall-news/cornwall-planning-new-south-crofty-9316101

Just topped up @6.80, average now down to 8.70 in it for the long haul...

Just received my email from Irene with the PEA, looking good...