Member Info for TheBasher

It’s the perfect storm 😊💰💰💰💰💰💰💰💰💰💰💰💰💰💰💰💰💰💰

A geologist I am not and never claim to be, but AI can be a useful tool, if used with caution, to help understand technical subjects I have no idea about!

The AI I interpretation would suggest that the chance of a Tier 1 discovery increases which each RNS.

Further interpretation of photos:

🧾 Conclusion:

These cores visually support the geological model — a structurally controlled hydrothermal system with sulphide veining and alteration typical of intrusion-related Au–Cu systems. However, economic mineralisation cannot yet be confirmed — assays are essential. Based on this evidence, the probability of a mineralised system (not necessarily economic yet) rises further to ≈ 60%, and the chance of an eventual discovery (economic) improves slightly to ≈ 30–35%.

Full report here: https://chatgpt.com/c/68ec2a18-80f8-8331-9149-2eabe6896561

Bottom line:

➡️ This announcement meaningfully improves the odds of a discovery. While assays remain the decisive step, Wishbone is now testing multiple confirmed mineralised zones with an expanded program — shifting the project from “concept-testing” to “system definition”.

🔭 What to watch next

Assay results from Hole 1 & 2 (due in coming weeks): Look for multi-metre intercepts ≥ 1 g/t Au or Cu > 0.2 % — that would validate the breccia system.

Hole 3 assays: If it replicates or extends the 7 m @ 2 g/t Au + 0.38 % Cu, that establishes lateral continuity (a key “discovery” criterion).

RC shallow results: Any near-surface Au–Cu intercepts would materially improve project economics (lower cost potential).

Structural/geophysical reinterpretation:

Integration of new holes could refine the Red Setter Dome model and guide higher-grade targets.

🧩 Strategic implication

The company’s willingness to drill deeper and wider simultaneously signals internal conviction.If Hole 3 hits similar grades to WRSDD0008, Red Setter could evolve into a Havieron-style multi-level breccia system with both shallow and deep mineralisation zones.Conversely, if assays from Holes 1–2 show only low-grade pyritic alteration, enthusiasm will cool quickly.

✅ Overall assessment - The new RNS materially strengthens the case that Red Setter hosts a real mineralised system. It does not yet confirm an economic discovery, but it moves Wishbone a significant step closer. The probability of a discovery outcome rises to roughly one-in-three, pending assays.

@downtothebone - completely unnecessary.

…should get a room. It’s getting a bit 🤮.

😉

@montyfino - an interesting spot, and it didnt pass me by either, plus Ed Mead talking about the expanded claims as though potentially creating a cushion if the news from recent drills was not as expected, but not a total failure.

However, he did say "have better grades than Telfer" then stated the Haveiron discovery "would easily fit into the area they are drilling".

So I am continuing to hold from below 0.5, and also added yesterday. You've got to be in it to win it.

@davidobee1 - are you failing to understand the process of managing shareholder expectations, and the process of officially releasing business critical news? They didn’t “confirm” anything in that interview (that would be via RNS in the first instance) however what was the sub text they were relaying? The market appears to be getting impatient and jittery due to the wait for assay results. This interview has, in my opinion, gone some way to reassure investors that things are on track but without breaching disclosure legislation. If you believe that the interview was positive and reassuring, then Richard has done small retail investors a huge favour IF they now don’t sell and the share price subsequently rockets north on release of very positive assay results.

Of course, it could all be a big stitch up, and these guys are prepared to ruin their reputations in a small industry to make a few quid. Me? I don’t think so.

It would have been rude not to at these levels.

It’s just worth being mindful that some of the noise is specifically generated to try and influence PIs. It’s a dark art which I believe DOES exist, and can be at a very high level ie journalists being fed information by the market to achieve an outcome. Even if a news report (not RNS) comes out saying they have hit a duster, I would not take that as true - as can (and has?) happened in the past, an RNS could come out shortly afterwards declaring a huge discovery, but only after Joe Public has been frightened by the so called reputable news source, the MMs have dropped the price, and then Joe has sold their holding cheaply to… guess who? The buyers who knew what was going on. .The only news that matters is via RNS.

All this chatter and noise! In the recent placings, I do not believe for one second that those investors were in anyway influenced by noise on social media or chat boards. They invested after direct conversations with the board. Along with that, the geophysics report, previous RNS and the booming gold price, I am more than happy to wait until actual assay results are released, rather than listen to so called experts wanting their egos massaged on here, before making further investment decisions.

@sansavatar - also a reply as posted on Telegram group:

“A bit harsh? There was an explanation of their modus operandi in respect to reporting financials (and the chairman was also mentioned in this regard so it’s not just Dennis). I’m bored of waiting, but not that bored as outweigh my belief in the prospects here and to sell. Everything appears to be headed in the right direction. We know now Dennis uses terms such as “exciting” (or even transformational!) to describe forthcoming trading periods to hint at potential significant progress, and to date he has constantly delivered, so perhaps cut him some slack and either continue waiting or if you don’t have the patience, maybe chase another rainbow?”

@Quickwin08 - have you checked the RNS today? Just asking.

Oh, and read it properly as it’s not saying “BOOM” we are off to the races, but it is expected, solid progress towards full commercialisation.

Very clear double bottom formed and a reversal to the upside is a definite possibility….

Further info:

https://chatgpt.com/c/68ede9ef-c5a0-832f-8114-a37e0b03e8f9

🔹 1. The core difference

Platform Trading model Role of Market Makers

SETS (Stock Exchange Electronic Trading Service) Order-driven electronic order book Optional — Market makers can register voluntarily, but they are not required for a stock to trade. Liquidity is mainly provided by limit orders from all participants (including institutions, algos, and prop traders).

SETSqx (Stock Exchange Electronic Trading Service – quotes and crosses) Hybrid: periodic electronic auctions (“crosses”) + quote-driven market-maker layer between auctions Mandatory or core component. Market makers are required to post firm two-way quotes (bid/ask) throughout the day to ensure continuous pricing between auctions.

@highland - was just about to post something similar from CHATGPT. This shows the intent of the company to play in the big arena. Big thumbs up from me.

And off it goes… +10% , near vertical trajectory!

Https://www.google.com/finance/quote/WSBN:LON

This looks like it’s about to blow…

3 mins in:

https://youtu.be/DvBT5dH2Q8w?si=7rvRJ0WBZ8BtJqj3

Headed to 0.1 and beyond?

@news - I just supplied that answer as an exercise, and not as an example of my exclusive research resource! AI is an efficient aggregator of ALL information that is available online, be it verified or not, and lacks the ability to filter misinformation or provide nuanced answers. “I read it somewhere so it must be true” seems to be its modus operandi. That’s why you need knowledge of the topic you are researching so that you can “steer” AI to look in the right places, and call it out when it is wrong.