Here is a MUST WATCH interview between Bronwyn Barnes and Samso from the 17th of May.
One of my favorite parts in the interview comes up at the 29.17 mark where BB simply says;
"I'm pretty confident that well see the option money in August"
This comment is made in regards to all the listed options being exercised by the 5th of August which are worth $4.5 million dollars.
She then proceeds to say;
"This will fund the drilling for the next 18 months"
For me this confidence call was a very BIG BUY signal as she was extremely confident throughout the entire interview and also about the entire project!
I then decided to do plenty of research about the geology on the IDA tenements.
Simply put, the reason why I did buy into this stock was written in one of the earlier announcements where it stated;
The Minos prospect, located within the LLSZ is interpreted to be a 30km long WNW-ESE trending regional structure that is at least 50 to 100 metres wide.
The mineralisation at Minos and Ariadne are not veins but mineralised shear structureswith potentially varying orientations located within the regional LLSZ.
And for me it was also about the obvious nearology!!
The Central Gawler Craton has outstanding potential for the discovery of significant gold deposits, as indicated by the Tunkillia (588,000 ounce gold resource), which adjoins the southern edge of the Tenements and the historical mining centre of Tarcoola, which adjoins the northern edge of the Tenements, where historic production and current resource total approximately 190,000 ounces.
Both Tarcoola and Tunkillia are now owned by Barton Gold Pty Ltd. In addition, Barton Gold also owns the Challenger Gold deposit, located 150 km north west of the tenement package which historically produced more than 1 million ounces.
From what I can see BB has every reason to believe that these options will be exercised! I hope that she is right!!
Lets hope that these grounds really do have the necessary geology to support future drilling and a possible mine?!?! It looks pretty damn good to me!!
Hopefully the imminent results announcement will be G R E A T, however, if it is perhaps only mediocre I will still probably buy more shares simply because this project over time could well and truly hold some spectacular high grade gold over a strike of 30km+ and between 50-100m+ wide and at a depth yet to be fully disclosed!
Basically this stock may well turn into something very very very special with plenty of drilling and time!
As BB in the interview has already stated this could be just like Kalgoolie was just over 100 years ago! The Gawler region is pretty much brand new and under explored! They also discuss the possibility of a one million ounce + resource in the interview! Now IMHO that's confidence!!...
Wishing all holders and management the very best of luck with the release of the announcement ending the TH!!
GLTAH+DYOR
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Here is a MUST WATCH interview between Bronwyn Barnes and Samso...
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Last
8.5¢ |
Change
0.002(1.81%) |
Mkt cap ! $54.31M |
Open | High | Low | Value | Volume |
8.3¢ | 8.5¢ | 8.3¢ | $49.33K | 581.4K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
5 | 171249 | 8.4¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
8.5¢ | 135399 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 146249 | 0.084 |
8 | 205456 | 0.083 |
2 | 207600 | 0.082 |
1 | 6173 | 0.081 |
2 | 140000 | 0.080 |
Price($) | Vol. | No. |
---|---|---|
0.085 | 135399 | 1 |
0.086 | 550000 | 1 |
0.087 | 385040 | 2 |
0.088 | 400000 | 1 |
0.090 | 500000 | 1 |
Last trade - 15.59pm 27/06/2025 (20 minute delay) ? |
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PARADIGM BIOPHARMACEUTICALS LIMITED..
Paul Rennie, MD & Founder
Paul Rennie
MD & Founder
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