Member Info for westie50

I'm afraid so. Sad but true. Why would anyone commit money ott his lost cause? Just madness.

Good finish to the week, hopefully building up for what's in store next week. Have a good weekend all. Some really excellent posts today from knowledgable guys. Cheers

Do we have a bit of momentum gathering again?

Cautious - I won't repeat Fulmar's comments except to say whilst your scenario could transpire (as it could for every explorer), I think you're being a little too premature. Did you listen to the CC recently? Yes another fund raise ( assuming no sale of non core asset) will probably happen Q1/Q2 2020 - Nick hinted at that so you could argue it's already been priced in.

All previous placings have been well received so no reason to think any different for the next one. Plus, he hinted that figures will be to hand on CE by the end of the year to enable Arc to provide a MRE probably Q1 2020. Another drill for equity agreement for next seasons drilling will also help.

If I see NvS (or the FO) starting to sell his substantial holding then I might become more concerned, but I can only assume he's happy to hold for a future reward. The same goes for other board members.

So i really think it's a little early in the drill programme to be thinking of the "exit door". Believe me I have a considerable holding here (taking personally anyway) and I know others have far bigger interests than me. So I certainly am looking to protect my capital and constantly try to assess any negative side to Arc as well as positive. Things don't always move in a straight line, but then if it did we'd all be very rich, so I'd welcome your comments in say 9-12 months time when the project should be considerably further advanced.

Are you invested here BTW? Or just commenting?

Lack of appetite wasn't something which came over in the CC yesterday. For those who are wanting a quick profit or are querying your investment then you might as well sell and look elsewhere. The pay day will come next year. The patient ones will be rewarded

Dusterman - sorry for your loss re SXX. Probably most if not all have been in that situation in the past. AST brings me out in a cold sweat every time I mention it!

What I will say is that this is a very decent board with many many knowledgable posters. You will get a genuine opinion, but hopefully you will see the extraordinary potential here. Indeed you may not need to be patient for too long with just a few working days to go until major news should be announced. Good luck sir and hope to see you here.

It's on the website now

http://www.arcminerals.com/news/media-and-press/default.aspx

Or take a serious look at somewhere else to get your money back. HZM and ARCM for starters

BTW i do feel for all you guys. I've been there in the past. Hope things recover for you

Agreed Fulmar. With an average depth of 200m per drill that equates to somewhere around another 40 drills before season end

Significant in my view that Optiva have been brought in. Will give fresh impetus

Could I just say posters like Shear Class and Luke2 really are very impressive. I like to think I have an area of expertise but these guys are researched and knowledgable way beyond a lot of us and certainly me. Keep it up guys, let's hope before too long HZM will rerate.

I agree with previous GAP comments. Yes that can work when no news is due or news is delayed. But here with so much news due, I really don't think it has a place.

Welcome Worzel7. I think you'll find this a very decent board with lots of knowledgable posters. We're all excited about the short/medium/long term prospects here

antimidas - "dates are slipping"?? Please explain what dates and by how much are they slipping

ORCAM?? Who the f**k are they?

That level of buy is as good a confirmation to me as anything that i am in the right place. Yes for sure, imminent PFS, Nickel price, etc, etc is all very good but unless that buy will be done as some crazy tax loss then that's settled my mind (as if it didn't need settling anyway!).

You could also ask yourself the question, why didn't the buy go through yesterday @4.8p for example. That would have saved them circa £25k. I've no real answer apart from the fact they are happy to pay £25k extra as they are very sure now (for whatever reason) that things are just about to move onwards.

By 2035 I'll be far too old to enjoy any money I might make here, so i'll plump for a nice little profit later this year for starters!

It was a trade below the mid price so will show as a sell. Even if it was a buy

I do enjoy looking at that graph. Been invested in a few donkeys but this isn’t one of them!

up on very little volume

AIM-T-D yes i'd gathered that, hence my just slightly sarcastic post!!