Member Info for Veteran10

I am not invested there myself. This is by far my biggest gold miner / small cap investment. I just think it is very undervalued and without the higher risk some small caps carry.

Just been reading the Economic Times. Analysts are saying there is a 75% chance of a Fed rate cut in December. That bodes well for gold prices and explains the bounce back in gold prices in the last 24 hours. Let the rally recommence is the message.

MILA doing well again today. Hope we get the repeat here.

Sentiment doesn't actually matter. If WSBN release an RNS confirming a big gold find, the sp will look after itself. It is a waiting game. I am seeing a few naughty posters on various stocks trying to get in cheap atm too. China and US relations are supposedly improving with the trade deal but gold will always be in demand in such a volatile world.

With all due respect it does look like you predict negativity to buy in, looking at your posts. Good you are interested in Jangada though.

Annoying price action today. I would think we will get updates as drilling progresses. Amazed it is under 1p atm.

Test samples were sent to the lab on 2nd October and will take 30 days. So expect another RNS shortly. Historical results were very good indeed.

Good post. Everything points towards the company taking their time to ensure a thorough understanding of what they have before doing the big RNS we hope for. On a side note, Jangada my other big gold share has delivered a very good RNS this morning. Hoping for a big turkey this 🎄 🇨🇽 🤶 🌲 🧑‍🎄

Exactly. About time we had a fair market cap in relation to our peers, many of whom, JAN are ahead of in terms of gold resource, CEO quality and now drilling progress. Should be over 2p now.

Very good RNS. Sticking to their deadlines. Just had a read about magic dykes. They seem confident / expect to prove up more than 350000 ounces under JORC This has to be a multibagger from this sp in my view.

On a macro level, hopefully the US - China deal brings optimism to the wider market.

What price do we think they could achieve for the other project? I suspect they will sell it for future funding and concentrate on gold 100%.

Surely they must have some assay results by now. On the plus side it wouldn't take this long to say there is nothing in the cores...

Holding nearly 8m now. Still under the radar and undervalued.

A few I follow like ARV and CMRS have also fallen back. I could mention GEO but I see that as a bit different given the binary feel of that company. I suspect some fear the budget but I have read Reeves wants to put rules on the minimum % a share isa can hold in UK shares. Just maybe that could give the whole UK market a bounce. It is the US which is over valued.

Looks like a few people tool advantage of the drop today anyway, hope for better tomorrow.

Should not have dropped this low. Silly market.

FTSE is doing well today on interest rate cut expectations. Could just be games here but the AI bubble news from Jamie Dimon didn't help with market sentiment. I didn't expect to see sub 1p in mid October. I think we are well set, perhaps just need to surprise the market with the next RNS a bit more.

I agree. I am now happy to increase my holding to higher levels. Today isn't the 200% jump everyone wants but it is gradually being derisked. Buy.

Be quiet and buy in cheeky chops

TW is a loser.

3p plus if it is an intraday results RNS. Under 2p if not imo

Thanks for this. Link didn't work for me but I searched Jangada on YouTube and found it. Nice to see the company doing some PR to spread the word!