Truly feel this last week has given all holders something to be genuinely excited about. We've been through a bit of a rough time with the impact of Covid inadvertently hitting us quite hard, but that's soon to become a distant memory. Looking forward to a week without the downward pressure of Loryser and to see what news Brad has tucked away for us. Newmont on the ground calling the shots is phenomenal news and takes us to a totally different level. Here we are in an incredibly gold rich area with the world's number 1 gold producer calling the shots. We are long overdue a correction in sp and feel this is highly likely this next week, its just a shame the weekend gets in the way! Good luck to all of us, time to look forwards and feel genuinely excited for what I feel is going to be a transformational 12 months. Roll on Monday!
10 million shares to sell with a low daily volume slowly eroding sp and sentiment every day, can't understand why they haven't cleared off sooner... That's all changed now with Newmont calling the shots, they obviously liked the look of the BLEG's and have decided to go full steam ahead for the next 12 months. Very strong chance of news next week along with the knowledge the seller is out. Strong finish on the cards.
Yesterday was a game changer for us08 Sep 2021 22:35
I know I may not speak for everyone, but I have never been so confident in my investment here. The simple fact that the BLEG's have been analysed in Newmonts own labs and they have in turn essentially said we'll take it from here makes me very confident for the future. I know there's still a long way to go but Newmont are obviously incredibly keen to progress things, and I expect an epic drilling campaign for the next 12 months to be announced very shortly. I feel the real rerate starts next week once we know Loryser are out, confirmed by Brad or not we know they have to be out by the 13th. Many reasons to be positive with a considerable amount of news still due any day. My personal opinion is that Brad has worked a master stroke here timing most of the news for Lorysers exit to remove any downward pressure. So, so incredibly cheap and an unbelievable entry point for any new investors. £33m Market cap is outrageous. We are long overdue a correction in sp and it isn't at all unusual for the wider market to take several days to digest the enormity of some news, I feel that applies to us. Number 1 gold producer heavily invested in us and paying us to do all of the work themselves!?! Shut up and take my money!
We all need to take a breath here and consider how fortunate we are. Newmont on the ground calling the shots...name any junior who wouldn't be salivating at the idea. We will see true value any day, we just need to wait it out a little while longer. Newmont are going to want to do some serious work and I don't see anything other than them throwing serious cash at this. Remember BLEG analysis has been done at their own labs, and all of a sudden they want to take charge of ground operation.... MCAP here is tiny and will no doubt be many, many multiples in time. Maybe Newmont will even take assays in house and improve turnaround times vs ALS in Peru. Very happy and still see a very strong month ahead of us.
Worth noting that our last Columbia update saw us hit 100% rise briefly, the difference this time is Loryser have less to sell and there are more shares in sticky hands than 2 months ago. Buy early or be left behind very quickly I think.