Repeat buys 24 hours apart exactly the same quantity, and not in round numbers either.
I must admit to the occasional uncertainty. It's all very well Malcy talking up stocks - this time 50p - but I have never known him to get it right. Outstanding warrants ("investor warrants") have drawn my attention in the last few days and I am glad Sturm has highlighted the matter. At the moment I can't see any expiry dates. They are possibly one of very few unknowns but because of it being so my stake is accordingly capped for the foreseeable. Oddly enough Castillo's rhetoric is a minor inconvenience.
Being something of a lightweight I regret not having taken up a larger wedge @ 14.77p last Thursday. Offhand I'd hazard a guess the instis - having assessed the Peruvian situation - are piling in whilst the rest of us are either undecided or unable to comprehend the company's finances.
20p might be within reach when the next horizontal is up and running.
[Just hope GTE are done for the time being. Hadron, too, could have finished.]
Have noted two entries from EZ this morning. The above link is from a couple of days ago, possibly captured from a drone. I see the main pit has been converted to tunnelling procedures.
. . . which reminds me of footage from a youngster's Icelandic footage. The images and videos are very clear. I hope Yuri is applying the tech to Lupa; he can discover a lot from aerials vis a vis artisanal workings across the acreage.
Have been out on the tractor trying to understand why so few are aware Bretaña and the company's all-round health. Need not have been concerned. Seems matters have moved on a tad since this morning . . . possibly better than any of us could have imagined. So, in the time I have been in PTAL, the knee-jerk reactions following GTE and Castillo now look quite foolish.
And tomorrow we have an update to shift the SP further.
He doesn't seem at all fazed by the Castillo result. Quite relaxed in fact. By Thursday we will find out effects of "hedges" and "true ups". Not entirely clear on them myself until the bottom line is seen on annual finances.
Not sticking my neck out any further on questionable opinions. In fact, I think my last comments were out of line. So apologies on that count.
Seem to be on the way up again although a long way off an anticipated 20p.
RE: Typical muted market response once again!19 Apr 2021 20:38
Which instis continue to sell and their reasons for it? Are they being enticed by CEY's relatively low price? If so, is a yield of 2.17% (interim) in May (ex-div) more attractive? Were they expecting better from us than 0.1p?
SP @ +7.81% is OK. Where could it have reached without the offloads? Might be another fair day tomorrow. But we are still being held back.
Sticking with Shanta and Centamin for the foreseeable. Their SP progress will mirror each other. Lupa is big and may even be as extensive as PWV/Witwatersrand. Drilling is now going to the 500 metres vertical at NLGM. Indicative of ambition and progress to date. Open at depth to 1,000 metres would be truly transformational. Bushi/Isulu is more tentative at this point. Noted Rosterman was mentioned for the first time in update.
After the earlier post I thought the above provides a good reminder. Some will be aware of the hazards and know how dangerous it becomes. When there are Sotho, Swazi, Ciskeians and Transkeians, Zimbabweans, Zulu competing for the prize the AK-47s come into the frame.
Virtual currency in a virtual world of virtual reality. It's all gone a bit over the top and almost certainly why I have not done well. Life, as I understand it, is what can be derived from the soil and watching the San Bushmen at work in the Kalahari or the Hadza hunter-gatherers in Tanzania or the Kikuyu in Kenya.
We in our wisdom pretending a virtual work ethic at our computers wouldn't know how to survive after a month if the wheels came off.
I leave it to others to determine when the nonsense finally ends and reality takes over from our virtual existence.
[I interpret the post-5pm trade of £267.76k as a buy. We are being manipulated horribly by backroom boys and I hope EZ/LL are really awake to the shenanigans.]
The current three projects are merely scratching the surface. NLGM as pointed out in the overview is steadily converting much of its activity to underground ops. None of us have really registered the fact. The main pit is open at depth so much of the tunnelling is being concentrated on it. Should mineralisation occur at, say, 1.5 km it's quite easy to visualise shaft headgear being constructed at some point. I look forward to MicroMine's next modelling assessment. Their last one was on Singida, quietly presented.
My main point now is the vast Lupa Goldfield. NLGM is a fragment of it. That area around Mbeya has been largely ignored. There are, I think, four nearby ancient volcanoes. I forget just how active the springs are or how many. It's a swathe to the south and SE of the town that gets the imagination going.
EZ has said little about it but we either hold fair-sized parcels or are in the process of doing so.