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Guys, its blasted through 10 yr plus resistance, its still under the mainstream radar, theres updated news shortly and we are gathering pace nicely.
It's hugely undervalued, its apparent HAV is massive, NC infrastructure at the drilling site says it all. They are there for a loooong time..
Reddirt too....his contacts have been stop on from the start of HAV, would love to know what the latest inside views are on the longer drills being completed..
That's total commitment from NC fair play to them and shows what they think of the prospect. The main thing that pushed me all in here was the pics posted by someone of the infrastructure, the cabins, plumbing ect, it looked hugely substantial and they seemed to be bedding in for the long haul. Only one reason to do that! They have all the latest gizmos (technical term) down hole magnetic imaging ect ect...they obviously have a good view of what's down there..
I'd still like a meaty 20 holes in Scally though......
Just some sunday musing...
Although GH has presented himself very well since the farm in, almost a yr ago, the board do have a history of faffing and questionable plans. He has talked about getting rid of the Tasmanian licenses for a long time, yet only puts two holes in Warrentinna, where there had been decent grades there previously, were two holes going to get us to a point where a company buys it off us?...Absolutely no evidence anyone is interested.... They also missed in Black Hills and appeared not to drill in the places where gold was indicated.
They know HAV is huge and will therefore give them a lot of cash sooner or later, why not just get a wedge together, enough for 20 holes in Scally and PRE and just do it?...people will be throwing money at them at this stage. Having either of those hit big time drilling by June would put this into orbit....
Just don't a campaign of conservative 4 or 5 holes at a time..
Not being negative, this is still 75 % of my ISA and love the prospects, probably just in a bad mood from the rugby.
VC
sold
A least we are above your 3 p target greeny...you should be delighted! Don't tell me you told then?..;)
Nothing wrong with Butlins, but I was joking, got my Crete hols sorted, Jackpot money will get me straight to do some scuba diving in Belize.
This will double by June, should get Scally results by then too...
The last few weeks has been epic for this company, especially for those of us who were suckered in before EG.
Over two years of pain, finally we popped over resistance and now this end of week finish above 4p is a massive event.
NC are saying it, soon they will be shouting it to their shareholders, Hav is massive, the evidence is growing, not long now.
This will double before the summer, as I keep saying, could even be June we get the MRE, if that happens im cancelling Butlins and booking Centre Parks..;)
I think the main thing here is we (or NC) don't get bought out before the MRE, once we have that we will be at a sp that reflects the ounces....if both parties are still independent I see a big increase in our sp by then (both NC CEO and GH have intimated it could be as early as June!!). I see big gains here before then..;)
VC
Youre no fun Loggy..;)
Fibonacci numbers are all over nature ect MrEmC2, obvious implications for trading too.
But after breaking out after over a decade there's usually a significant amount of 'energy' which propels the share higher...
Im not expert enough to consider how the Fibonacci numbers would affect such a situation..
One thing is for sure, Hav seems blinding and fair play to GH, hes been consistent from the first drill was put in.
Talking about a big system and not knowing the scale of it....late last yr-Oct ish, the Newcrest CEO said 9 months to a yr before a MRE, GH said 6-9 months early Jan. We could know as soon as June!! With continued positive noises form NC, we could see a rapid rise up June.
In my gut, im thinking at least 10 mill ounces....but deep down im hoping for 20.
So...RTC, Keeping the chart in mind, Hav fundamentals, ect..can i ask what your strategy is with your shares ?
You've never commented on your strategy...
Hi Guys, Valley Commando here, been observing here most days since the Newmont Fiasco, yes, I came in strong just before the dreaded January RNS. So been in here since just waiting, fingers crossed that they would strike it lucky.
I have to say, RTC is spot on, he's usually quite the mardy xss, but the long term resistance for this has been 4 p for over a decade, its quite the cup (and saucer) chart if you look back.
I genuinely thought we would have a serious stretch getting past this, as the candles said though, we are clear, with nothing above us.
I agree, its all about the big money coming in now and that's looking more and more likely.
For the record, id love us to get pulled up to 10p over the summer as first 7 then 10 million ounces gets priced in. I just hope they put some serious holes in Scally asap, surely they know they are made as company now, get serious funding and just put 20 holes in and see what happens...
Don't mention the rugby, we were utter garbage today, Paddy is probably out partying.