Hey Brocky love your work brother and encourage any & all others currently feeling the pinch of doubt being forced upon all by bottom feeding hyenas to do the same.. This man (Zeff Reeves) is the only one who knows what is going on & he doesn't sound like any prophecy of doom is about to befall him.
For the whole interview, as stated, he undersold the following in chronological order.. (And apologies to Corgi & Bella for re-hashing)
1. Project is de-risked geographically.. Just think on that for a bit
2. We are fully permitted
3. 27 Holes to date (Not including any old CDE holes) all hit mineable quantities of gold.. "Mineable", Zeffs words unless he is lying?
4. No foreseeable issues all the way through to production, including access to water..... Clear pathway
5. At 85M market cap it is still considered well undervalued by Zeff himself... (For those wanting 15 cents I hope you get them, then F** off)
6. Pre raise $$ all smart money investors as questioned by the interviewer and answered by Zeff
7. Everything to date has been executed well by a superb team on the ground in Chile.
8. They intend to "take it through to production" as stated by zeff 2 or 3 times the position is clear.
9. Currently retail accounts for approx 50% of the register but Zeff feels this will/must change in the future.. D"traders days are numbered hence the squealing now... Hyenas, the lot of em and n'er a donkey ever born that ever liked em.
10. Management own 15% and the Chilean company 6%, all fully invested and focussed on increasing market capital for the reason above.
11. Spent $10m so far, with $6m in the bank, for over 3000 samples, 40+ drillholes, 2 rounds of geophysical surveys (We have seen 1) and increased the tenements under control from 1500 hectares to over 300sq km.. NBoe how big did we say things need to be to be called batholith
12. Funded for another 20-30'000 metres of drilling..
13. Best intercept 120m wide at 2 g/t and again Zeff iterated the drilling path is de-risked as far as he is concerned going forward..
14. That's why he says at 21:40 in the interview "The gold is in the ground" and no it's not 500 metres down, it is from surface for a lot of it due to the outcropping above ground halo for the ill informed twats who pervade these boards spreading lies. Listen to the interview.....
15. Unfortunately we do suffer from a Chilean discount factor, but you can't help the ignorant I guess.
16. Why Zeff is not sure because once you are permitted (Refer point 2) it easier easier and quicker to operate in Chile than anywhere else with full access 24/7 to all facets of drill ops requirements.
17. Hence we are now looking at more drill rigs being mobilized on site.
18. And unfortunately Zeff did say the MRE may push right (Not for reasons of AU or anyone elses bull***t) but for the simple fact that they keep constantly hitting mineable gold strikes in areas previously unknown that they cannot leave out... (27 holes for 27 gold hits so far, not inlcuding any old targets!!)
19. All covid restrictions are based in Santiago with over 80% of the cases registered there, not in the desert so no restriction.
20. Zeff indicated we are very likely to be drilling (Fully Funded) beyond the end of this year..
21. For an agreed resource estimate target of between %00k - 2 million Oz.. First time Zeff has said anything beyond 1 millkion oz.
22. For an agreed iron clad mineral reserve (not resource) to support mining operations of 100'000 ounces per year for 10 years.
23. And as a focus Zeff agreed that the market cap must rise from here to weed out the piffle and bring on insto's if capital is to be raised to go mining and that is what he intends to do... Watch this space..
24. And in closing, he doesn't giv a rats ass about what anyone else is doing or the dribble they may speak, the plan is clear.. The rest, is just Hyenas cackling in the night and taunting the herd.
Have sat out most of this week as old 8tey was in fear of boiling his radiator if he waded in to the mire simply to throttle some carrion feeder.. To much boiler pressure merely causes bleeds on the brain so better to put any and all on ignore.. And that way the maggots have no right of reply..
Donkey only hears what he wants too... Stubborn SOB.... hehehe
And I have no idea of what the coming week will bring, but if they drive it to 15 then I will pour in like the tide and take market share off em for the future.. Good Luck All... 8H
(20min delay)