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Looks great. They raised 250k June 2020 and then 200k recently.
Is this going to be enough? Lots of super sites but where is the money coming from to drill? Any thoughts. Not deramping. They seem to operate v economically but drilling can be expensive when it commences
It's funny you say that. I was looking at both 2 weeks ago. I like both. I bought in cmrs first and then chf few days after. Both equal amounts.
to get over the 5p mark.
Bought 50000 today. ticks almost all the boxes (my own criteria) including small mcap, well funded and interesting geology.
Looking to hold. GLA
Not contributed for a while, still hanging on. I don't want to look at the day at day share price.
This is a journey but the overall trajectory will be upwards.
If i have to complain about anything then it is the placing that happened a month or two ago. but that is over now.
Just out of interest, if you don't mind me asking. How much AAU do you hold?
i have to say this does not look like a pump and dump at all. With a P&D, there is normally so much publicity and ramping.
On this thread alone there have been only a handful of comments (most are mine!!)
Thanks vanvan for all your posts. they are v helpful.
I keep re-reading the RNS's to see if i have missed anything. I really think this is grossly undervalued.
I think the seller has gone now - I got a quote for 500000 shares which i have not been able to get recently.
news soon - hopefully market will take note
GLA
this was 27p precovid?
seems to be happening here. Not the type of shares i normally invest in but i have taken a punt.
vanvan - that is a super summary. could not agree more
Thoughts about the placing:
1. not at all happy that one took place. was not expecting it.
2. not happy with the placing price or the warrants that are attached.
However if a placing was needed then atleast they have raised a substantial amount and should be more than sufficient for the next year or two.
moving forward, the same happened with GGP and it was diluted to a larger degree. I am expecting to see outstanding drillling results.
Hold on.
Another 50000 @20.38p.
This is my first addition since the rise from 4p.
will add another 50000 at some point.
will take me to 600,000.
If you don't believe in this, sell now!! it may still go lower or it may suddenly rocket without warning. i have no idea which one. but i wont trade. happy to wait. there are always severe pull backs and there will be more when this starts shooting up.
GLA
This will continue to rise and fall and rise as it continues its journey. All the great big hitting shares have followed this journey.
we are currently on a fall. will it fall further? i dont know.
but the reality is it does not matter if you are a LTH and believe that this will come good.
it is v normal to have big drops and big gains on the way up.
GLA