Thanks @Wack,Such a great presentation. Worth watching this to...

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Evergrayeful

410 Posts.

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18/05/24

07:50

Post #: 73889532
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Originally posted by Wack: ↑

Morning all.
Yes @pedro66 It is like watching paint dry atm.
A great benefit of that is that we get to buy shares from the impatient.
I was fortunate enough that a mate of mine was watching stk when they sold Millrose and pocketed $61m
What was so significant was the negative ev that took place.
I wasn't watching but as soon as I was told, I bought in.
That proved to be great buying.
Why do I bring that up?

Here we sit with a penny stock that has mc of ~$6.5m yet $2m in the bank.
Soon we will have $12m in the bank.
Hello! that give us a negative ev just like what stk had.
Again, like them, we have excellent targets and about to drill them.
Plenty of firepower so somewhat unrestricted to follow up positive result with no CR for now.

I really enjoyed watching this and highly recommend it to holders or even those investing in the area.

Sit on your hands and leave the sell button alone if this appeals to you.
It does to me.

Kind regards, Wack.

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Thanks @Wack,

Such a great presentation. Worth watching this to understand how much planning has gone in and my respect for Glen has increased exponentially.

The best carefully and methodical exploration I have seen.

Their approach to exploration has yielded great results.

Funny that assay turnaround time has not improved since Kate 1800!

Last edited by Evergrayeful: 18/05/24

AGC Price at posting: 29.0¢ Sentiment: Buy Disclosure: Held
1 Upvote

0 Great analysis

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