Cobra Resources Share Discussion Threads

[wrtmf] 21/1/2021 12:11

congrats to those that held on past xmas eve [-25%]. J-shaped recovery was foremost in my mind. now working our way towards a fairer valuation with further news in due course, inc. updated drill prog, updated mineral resource,..

hoping to see 4p on the bid today/tomorrow

[milliecusto] 21/1/2021 11:19

Good results but long term play, don't expect much more news short term

[catchingmice] 21/1/2021 10:58

Always several muppets that sell on a rise and then see it gain another 25%/35%Watch them scuttling back in here paying much higher after regrettably selling outF-----G Lemons

[chickndinner] 21/1/2021 10:01

Any day traders that bought in 1st thing and sell for a quick profit will be kicking themselves INMO as I can only see this heading north all the way to the next set of assay results. No ramping.

[chickndinner] 21/1/2021 09:58

Jimbo. I had to read the RNS twice as I was sure I had misread it the 1st time. Its not just high grade gold but high grade silver and copper.

A triple whammy. You are right. Wait until this all sinks in!

Unbelievable results.

Very exciting. STRONG BUY!!!

[jimbob999] 21/1/2021 09:46

Agree only a matter of time here.. Re read the RNS let it sink in and then look at the mcap and then look at where they are located... Connect the dots...undervalued here atm imo.... DYOR folks and gl.

[wrtmf] 21/1/2021 09:43

at some point this is going to take off, might take an hour, a day, a week, the nxt rns...

[chickndinner] 21/1/2021 09:23

Shorts closing. Hold onto these golden tickets!

[chickndinner] 21/1/2021 09:01

Feel sorry for the ggp weak sellers and stop losses mugged by the MM'S yesterday. Will be back to Berenberg's 33p broker rate in no time as they only priced up on Havieron. Anything else is a bonus.

[wrtmf] 21/1/2021 08:59

ref 100%...

we are awaiting an rns that confirms cobr have spent enough in exploratory costs over last 2yrs or so to earn 50:50 jv partnership with andromeda on asx, hence why i suggested 12-16m mcap. well, cobr have put that rns out, late last year, we await the formalisation of the jv, these barns results should spur that on now. from the relevant rns:

'Stage 1 Completion

Cobra, the mining exploration company focused on the Wudinna Gold Project in South Australia, is pleased to announce that the Company has (through its wholly owned subsidiary, Lady Alice Mines) issued a notice of completion to Andromeda Metals Limited ("Andromeda") and Peninsula Resources Limited confirming that Cobra has fulfilled its Stage 1 obligations entitling it to the initial 50% of the Wudinna Project (the "Project").

The interest in the Project may be increased to 75% by the Company spending a further A$2.9 million over a 3-year period.

Cobra will now work with Andromeda to establish a formal joint venture structure pursuant to which the Company's wholly owned subsidiary, Lady Alice Mines, will acquire a 50% participating equity interest in the Project. A further announcement will be made once the joint venture has been formally established.'

[mufprat] 21/1/2021 08:58

Course it is.You only ever turn up on threads when a stock appears on the Toplists, having never posted previously.You got roasted on BOO and you've now arrived on COBR claiming to be a holder.Great, standby for Ill informed multiple ramping posts.Post 331 by the way.

[chickndinner] 21/1/2021 08:53

Mutprat. GGP is the biggest holding in my portfolio by far. I invested when it was a minnow like Cobra and now I am a very rich. That's why I have a nice holding here as I see another GGP in the making 🙏

[janestone] 21/1/2021 08:51

You can't compare this with haverion, but if you was going to then cobra are at the start, and own 100% of their licence instead of ggp's 30% at haverion. Also all of the drilling is comparatively shallow so far, but Clarke with 5.2g over 15m is a great start, as well as todays results. I think that these have big potential.

[wrtmf] 21/1/2021 08:47

this is main market listed, not aim. 321m shares.
given share price rises at some other shares recently, this should rise all day long
an mcap of £12-16m just for starters here, imho

[wrtmf] 21/1/2021 08:44

got money
got targets
got permits
got drill contractor
got samples in lab [strikethrough]
got upside potential...

[from an old post, one item can be scrubbed, await new drill plan, 3900m available to drill, before negotiating another agreement with contractor]

[mufprat] 21/1/2021 08:40

And you call Tidy a ramper? LolThese results don't even come close to GGP's Havieron.You don't need to dig deep into the Havieron drill results to pick out an intercept of 300m at over 1.0g. That's just one of many and by no means close to the best.Jeez go back to ramping Boo

[chickndinner] 21/1/2021 08:36

Stig. You obviously have not read the RNS.

Please can you share your wisdom with the board and tell us where you have ever seen a junior explorer on AIM delivring better assay results than this!

You cant.

Also this is in Australia where Newcrest are buying up and doing JV's to keep thier flagship gold mine Telfer running.

Only 370 million shares as opposed to GGP's almost 4 billion shares.and a £billion plus mcap.

I remember buying ggp over 3 years ago and this excites me even more.

Massive monster RNS.

Wait until the herd arrive 💰💰💰

[jimbob999] 21/1/2021 08:26

Double figures coming here soon imoDYOR

[mikedon1946] 21/1/2021 08:24

Chicken you know in exams always read the paper through first, that was for a reson. Well done for the apology.

Yes brill

[chickndinner] 21/1/2021 08:21

Here we go. The Stig is skint and cant afford to buy any shares. Oh didums.

Sad Troll and a placing would not bother me on results like this which they dont need as fully funded.

[the stigologist] 21/1/2021 08:21

Warrant tap in place I see

"Post period end, in August 2020, the Company raised £1.5m in a placing of zero coupon convertible loan notes convertible at 2.3p, with warrants attached"

Heads they win, tails you lose

[janestone] 21/1/2021 08:20

What is interesting is the copper.

[chickndinner] 21/1/2021 08:19

MM's and brokers are being absolute stinkers this AM. Not able to buy large amounts and brokers playing games with negotiated orders!

I wonder if they are holding this back for big orders and mates rates.

Only 329 million shares and £9million ncap.

Greatland Golds best results do not even come close to these and they now have a JV with Newcrest and a £1billion plus ncap and almost £4billion shares.

If none of you reading this RNS and do not get in now you will be looking back thinking why oh why did I not invest!

[the stigologist] 21/1/2021 08:17

Can smell a placing coming

[mufprat] 21/1/2021 08:12

Irony at its best lol