Cobra Resources Share Discussion Threads

[novicetrade68] 27/4/2021 18:25

Let's hope the new work program is going to start soon and see interest return, nearly 4 weeks now since the last update, but there are quite a few prospects to follow up upon of course, let's hope for a further update soon-ish..

[wrtmf] 23/4/2021 09:15

12wks since...

21 January 2021
Stunning results, including 3.25 g/t gold over 13m, including 33.60 g/t gold over 1m with 7.25 g/t silver and 1.71% copper for Cobra Resources Wudinna Project.

acknowledged,


was it enough to swing us some extra funding? [not that we're short of funds, but the name of the game is acceleration!],

round 2 adi funding
12 Feb 2021 Proposal assessment by Expert Review Panel (ERP)
21 Mar 2021 Proposal assessment close
23 Apr 2021 Announce recipients

[wrtmf] 19/4/2021 09:05

2.412 v 2.5 [better than 2 v 2.4!]

[plentymorefish] 15/4/2021 09:16

16:36......pubs must shut early round your way!....;)

[novicetrade68] 14/4/2021 15:36

Nice stream of buying just before closing time ;-)

[wrtmf] 12/4/2021 09:52

2 v 2.4
barmy

[wrtmf] 07/4/2021 08:31

lets get back to 2.5p for a bit before having a go at 2.75
cm leaving is now old news

[wrtmf] 07/4/2021 08:10

feels like an rns is coming +/- si capital 'sophisticates' seeing a bargain?
work on the ground about to begin, permits received?

[novicetrade68] 06/4/2021 20:20

They're going to see if CBRC009 can be extended, perhaps drilling as long as warranted.

So that is not bad, previously 31 metres at 3.06 grammes a tonne (g/t) of gold, so could be a lot more meters eventually.

[novicetrade68] 06/4/2021 20:08

Hence perhaps some more buying towards the close, in just 45 minutes 250k, 226k, 227k, 100k close to full ask of 2.20p.

[wrtmf] 06/4/2021 15:55

there is a proactive vid doing the rounds, cm was head hunted/tempted away.

[wrtmf] 06/4/2021 12:21

804k buy at over the offer. should be 2.5-3p in a few weeks, imho.

[.....if not sooner]

[shujja1] 06/4/2021 01:06

1.5p this week if it holds otherwise lower .

[wrtmf] 03/4/2021 09:45

no drilling dec
no drilling jan
no drilling feb
no drilling mar

-let's hope the new guy likes to keep the drill bit turning all year long
-with cm out the way the price should have GONE UP 20% for the exit of captain slow
-imho, watch the sharetalk presentation from apr2019 to better appreciate how little has been achieved

controversial! lol

circa 1.5m more sells than buys, is that worth a 22% drop? no, even allowing for some trades in the wrong column.

[wrtmf] 02/4/2021 06:13

as per xmas eve, there is a decent chance of a J-shaped recovery [then: 2.6 -> 1.70 -> 3.7]

this time?
2.5 -> 1.9/2.0 ish -> 2.75/3.x

imho, a snakes and ladders share!

[novicetrade68] 01/4/2021 13:26

Yes, let's hope so, bit surprised by todays' crash, as if the company doesn't have its existing Jorc of 211k oz of gold anymore as well as a realistic-ish explo target of 1m oz resources. Ariana Resources managed to build a very impressive mine in Turkey on the back of just 500k resources, I guess we have to wait a bit longer, but at least they're getting the drills out again.

[wrtmf] 01/4/2021 12:53

waiting on...since end of nov

'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.'

back we'll go to 2.5+ ?

[novicetrade68] 01/4/2021 09:56

Let's hope it's a kind of an overreaction today, drilling recommencing & should be fully funded for that + the below should also add to a Jorc #.

'Significantly, the 2020 Work Programme successfully identified a strike extension of mineralisation at the Clarke prospect, with an intersection in Hole CBRC009 of 31 metres at 3.06 g/t of gold (including 15 metres at 5.2 g/t).'

[wrtmf] 01/4/2021 06:55

12 weeks of no work on the ground, finally some movement, also the iocg targeting commences.

[dibs61] 01/4/2021 06:27

Yes! And Craig has jumped ship! I guess he realised what a dull small time project Wudinna is!

[wrtmf] 30/3/2021 16:05

is there ever going to be any news here?!
[rhetorical]

[wrtmf] 20/3/2021 12:16

positivity from streuth, lse:

'What we are possibly dealing with on the potential IOCG on Cobra’s Blue Sky project.

Extract from the Australian Government website

Uranium-rich IOCG deposits in which U is an economic metal are an important yet uncommon subset of the IOCG family (Hitzman and Valenta, 2005). Currently the Olympic Dam deposit is the only IOCG deposit in which U is extracted as a major economic commodity. This deposit is the world's largest single resource of U (BHP Billiton, 2010 Annual Report, www.bhp.com). In a global context, most of the other IOCG deposits containing higher grades of U are found in the Gawler Craton and Curnamona Province of southern Australia (Hitzman and Valenta, 2005; Skirrow, 2011). Based on current knowledge of IOCG deposits globally, it would appear that the IOCG deposits with the highest grades of REE are also confined to southern Australia.

Lets hope we get some good news soon.'

[wrtmf] 19/3/2021 08:46

no drilling dec
no drilling jan
no drilling feb
no drilling mar

[novicetrade68] 16/3/2021 11:45

It would be great if they could drill at least one of these iocg holes during their next campaign, if they can go for all four of them would be fantastic.