Member Info for wraith

Hi Texasoil,...yes, Tony told us, sealion was a project ready to go, back in the 26 Apr 2020 interview ( https://youtu.be/37GCTCXGgL0 (30:23 into interview clip)),.....welcome to the board.

BW

I have no losses on RKH to recoup, mpl50,......arbitration result, will eventually drop,....haven't followed, the share you mention, but did take another tranche (s/p@4.981p) of RKH, late afternoon today.

BW

Agree, cubane1 (hold),.....it's a waiting game & that's what I'm happy to do,......arbitration result will come, in due course.

BW

The Kouroussa gold project, does look good, this is the latest update, I have seen, dated 1 September 2020 ( https://www.mining-technology.com/news/hummingbird-acquires-kouroussa-gold-project/ ),.....diversification, is good to see.

BW

Mike Maloney is indicating $5,000 oz gold price, in the interview link below, GoldenBull,.....giving silver, huge potential upside.

Silver's Silver Lining: Triple-Digit Silver Price?
https://youtu.be/F823UcrXGwc ( Premiered on 6 Jul 2020 ).

BW

Yes, it's no fun Risendshine,.....still sitting on an AAOG shareholding myself, that is deep underwater,.....that's why I believe, in having a spread of investments,...won't be selling AAOG though, or buying anymore,....." till death, do us part ", as they say.

BW

With the historical mine data, kadavul,.... collected over a 95-year period,..... digitization program, leveraging the historic data, resulting in identifying, high-grade silver targets,.....the chances of success, look good, (IMO).

BW

Reduced at s/p@2.256p (2 x 120,000 COBR share tranches),.....it's also strategic for myself, with the difference, I have gone to a higher percentage of Cash, held in our share portfolios,.....if they take us sub s/p@2p, I will probably take our COBR shareholding back up, & not wait for results.

BW

Interesting NICODEMUS63,....first I had heard of blue ammonia;-

Headline:
"Saudi Aramco ships blue ammonia to Japan for zero-carbon power."
Source: https://www.power-technology.com/news/saudi-aramco-ships-blue-ammonia-japan-zero-carbon-power-generation/

BW

Hope it plays out for you, Dean2020,.....still invested here myself, with reduced shareholding,...also don't mind paying a bit more, on good results.

The warrants mentioned, on the 15 November 2018 RNS ( https://polaris.brighterir.com/public/cobra_resources/news/rns/story/w9dyl1x/export ), convert at s/p@2p.

BW

With our investment, in Bunker Hill;-

Extract:
"Following the Placement, Hummingbird holds 4,052,857 Common Shares, equating to an interest in Bunker Hill of 5.8 per cent, which at a current share price of C$0.73 has a approx. value of US$2m. In addition, Hummingbird holds 2,660,000 Common Share Warrants and balance of US$1.6m (excluding accrued interest) of the US$2m interest bearing convertible loan provided to Bunker Hill, as first announced on 19 July 2018."
Source: https://polaris.brighterir.com/public/hummingbird/news/rns/story/w05g6lr

I find the history, encouraging ( https://bunkerhillmining.com/ ).

BW

Taking the long view, aprogerson,......we know fiat currencies, lose purchasing power, over time (Stimulus packages, should accelerate this (IMO)),.....with production & good prospects, on the other fronts, HUM looks to be in the right place, at the right time,.....with indicated, increased production timeline, targeting increased gold production, at about the right time, (IMO).

BW

Got that scenario covered, Jhill84,.....reduced here at PRD (to a free 6 figure PRD shareholding, plus cash profits),.....been concentrating on our gold shareholdings, this year,.....sitting on a fair percentage of cash, in our portfolios at present,.....looking forward to the Morroco drill,.....well-positioned, to buy into any unexpected weakness, of PRD s/p, such as you indicate.

BW

As mid-tiers go, HUM looks to be well placed;-
Extract:
"Mid-Tiers and the Sweet Spot

Ideally, the best entry points for mid-tier producers are FD (fully diluted) market caps between $100 million and $200 million."
Source: https://seekingalpha.com/article/4376036-how-to-ride-this-precious-metals-bull-market-to-top?utm_medium=email&utm_source=seeking_alpha&mail_subject=must-read-tesla-to-make-cells-in-germany-umm-not-so-fast-elon&utm_campaign=nl-must-read&utm_content=link-7%20Mid-Tiers

BW

Gold that is,...what I see as a long-term uptrend, in the gold price,.....chosen HUM, as a mid-tier producer, with good prospects (IMO),.....using uptrend on the HUM chart, for averaging-in entry points.

BW

Agree, RichTheNewbie,.....long term uptrend, is what I'm buying in on.

Keeping an eye on the US Second stimulus;-
https://en.as.com/en/2020/09/28/latest_news/1601299988_520670.html

BW

Thanks for the heads up, TenStorey,.....just found link;-

https://www.dw.com/en/mali-moctar-ouane-named-new-prime-minister-by-transitional-government/a-55072944

BW

I hope so aprogerson,.....it's all looking very good at HUM (IMO),....can't see much more downside, for the gold price, from the current levels,...looking forwards a couple of years, I'm expecting inflation.

BW

That's my strategy Troajan,...to average-in, just started buying HUM, over the last few days,....my view is, we are in a long uptrend in the gold price, which will see pullbacks,.....myself not knowing, how long the current pullback will last, is why I average-in, over a period of time.

Yes, I was last interested in the gold sector, about 2010,.....you have a good memory.

BW

Being cautious buying in,.....had s/p@34p to 35p range, penciled in as my next buy target,...bought s/p@35.33p on both tranches, late afternoon,....that was close enough, to my target.

Looking very good here, (IMO).

BW