Ann: Acquisition of Joaquin Silver District, page-12

Hi all.
Just landed back in Kununurra to this nice surprise.
Grabbed another small parcel in this raise.

@binwood I mentioned what I was expecting some time ago and they surprised me with 2 consolidations in between.
We now have a very large number of targets but I am of the opinion that we can do a recalculation on the resource for our Jorc compliance.
I have no doubt that we will see a rerate and very soon now this is bedded down.
Drilling will be next and we certainly have some fire power with the staged payments for this acquisition.

@HeyLine I note that Sprott has had ample opportunity to add to his holdings here.
He hasn't but I don't take that as a negative.
This is probably too small.
An example is New Found Gold that he has put his largest ever investment of $250m.
It is 50% lower and an awesome target, I have been watching.
Worth having a look at some videos of the presentations.

This is one of my larger holdings and the news is getting better.
The silver price being part of that good news by the way.

As I have said, it has been a long wait but a lot of that was bought about by the change in government but the bear market in both Gold and Silver
really made some bulls surrender and give up.

Congrats to those that were able to hang in there, it was not easy.

I notice that the gold price is on the move as we write on this thread.
Some really nice moves ahead imho.
I am not here for nothing.

Have to take my hat off to @binwood for his buying a 7c.
That was better than ES and no doubt could be more profitable on % terms.

Kind regards, Wack.