Ann: Entry into Agreement for the Potential Sale of Way Linggo, page-53

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06/07/22

13:07

Post #: 62399541
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Originally posted by EricFarrugia: ↑

Well GAL does have the backing of Mark Creasey who was the main buyer there and he loaded up big time.

And then we also have to consider that they have a mining lease already.

However if we dissect into it, it's clear in my view that we have a better deposit, in fact it's quite obvious and I'm not geologist. It is likely to be the permitting factor and possibly a "geopolitical" factor in terms of peoples attitudes about the EU perhaps. However if we think about it the EU will be doing themselves an incredible disservice by not approving the Penikat drill permits.

In my view, KRM offers a better upside to GAL based on that fact that we KNOW the deposit is here. I expect if it's due to the permitting factor once we obtain them we will witness a huge rerate based on that. I also think people cannot handle waiting, especially the retailers who have little regard for business analysis.

Only thoughts and opinions here - feel free to disagree

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Thanks for that it confirms my views on it also. Patience should be handsomely rewarded in due course. I also came across a post of yours from some time back re Sprott having some positive comments on the Finland project.

Originally posted by EricFarrugia: ↑

Well GAL does have the backing of Mark Creasey who was the main buyer there and he loaded up big time.

And then we also have to consider that they have a mining lease already.

However if we dissect into it, it's clear in my view that we have a better deposit, in fact it's quite obvious and I'm not geologist. It is likely to be the permitting factor and possibly a "geopolitical" factor in terms of peoples attitudes about the EU perhaps. However if we think about it the EU will be doing themselves an incredible disservice by not approving the Penikat drill permits.

In my view, KRM offers a better upside to GAL based on that fact that we KNOW the deposit is here. I expect if it's due to the permitting factor once we obtain them we will witness a huge rerate based on that. I also think people cannot handle waiting, especially the retailers who have little regard for business analysis.

Only thoughts and opinions here - feel free to disagree

Expand

KRM Price at posting: 5.5¢ Sentiment: Buy Disclosure: Held
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Last 3.7¢		Change 0.001(2.78%)		Mkt cap ! $27.84M

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Ann: Entry into Agreement for the Potential Sale of Way Linggo, page-53

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Ann: Entry into Agreement for the Potential Sale of Way Linggo, page-53

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