
Wednesday, March 27, 2024 11:14:36 AM
Not quite sure why Clive has all of a sudden entertained the thought of selling prior to doing more drilling. As soon as they announced the Rupert offer and he agrees to consider we get a very high drill hole results.
There is much more property to be drilled yet.
I understand we would pick up a bunch of Rupert shares and not have to spend more on drilling or building the plant out.
I think this stock will take off in the 4th quarter unless we get some major news prior. There are a lot of shares and people want him to buy back shares. I am sure he has his reasons not to at this point.
I just wish they would be more open to shareholders. IR never responds to an email. I had to dig up that they are abandoning Uzbekistan.
They give no information on any drilling results in Egypt.
While I am grousing a little here, I am still totally bullish on this stock.
None of the message boards are picking up on the drilling at Matador right now. Looking at potential 60M ounce site drilling right now.
3 geologists at three different times, not together, said this site looks like an African mine with 60M ounces. A short distance away another 5M ounce potential. That is not even counting 4 or 5 other major sites that have not been drilled yet. We have Calibre, which we own shares in, buying Marathon gold which is up the road to the East. We have 120KM of basement gold quartz.
They are going to be looking at the Hermitage site and drilling this year. They are very high on the potential there.
I think IMHO Goose has much more gold to be found and I feel Clive is licking his chops on Snowline gold which we have some ownership.
One needs to be patient with miners which is hard to do some times.
Hope this helps some.
Boing X 2

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