Guardian Metal Resources Share Discussion Threads

[the count of monte_cristo] 10/6/2024 13:43

Mostly, not all of them. But not every investment will be a winner. GMET is my largest holding, followed by EST.

[saint in exile] 10/6/2024 13:41

Thanks Count I'll have deeper look when I get a chance.Glad to see your investments have been going well.

[the count of monte_cristo] 10/6/2024 13:20

Hello mate, nice to see you here. Well the scoping study from 2018 will answer some of your questions, however with the drilling this year expect a revision to some of these numbers, such as mine life, size of resource etc. I have bullet pointed a few key items below, as previously mentioned, they are from 2018 so will need to be revised, the garnet could be a nice kicker into this project.



• A 12 year life of processing ore from open pit operations at Desert Scheelite
• Project payback of 36 months on the base case, reducing to less than 18 if metallurgical test work, currently under way, is successful in improving recovery to 85% or above.

Garnet (based on Inferred resources)

• Initial open pit transitioning to small scale underground
• Supplementary ore feed averaging 120,000 t/y
• Reduction in project payback to less than 18 months.

[saint in exile] 10/6/2024 13:14

Looks great this share.
Private investor more than willing to fund us without warrants
US governments encouragement and likelihood of Grant's from them
Tungsten price going to keep on rising as Chinese and other unfriendly countries are squeezed out of supplying the US
Biggest TUN deposit in the US
How long before the mine will be producing and what are the likely economics?

[888icb] 10/6/2024 12:43

A good start to the week currently Up 7.14%at 22.5p which is the price of todays premium subscription. It is a great vote of confidence from a large shareholder which bodes well for the drilling results we are expecting and the ramp up of activity at Garfield. If the drill results are good the share price action should be impressive as GMET continues to rerate.

[888icb] 10/6/2024 08:55

It’s worth highlighting the CEO’s comments on the RNS:
“ Oliver Friesen, CEO of Golden Metal, commented:

"The Company is currently active in exploration and project development work at its flagship Pilot Mountain Project and with the raise now complete, have the flexibility to expand some of the ongoing work streams at the Company's discretion, including further drilling.

"The Company is also keen to ensure that the Garfield project advances and with a view to further extensive exploration planned at Garfield, the raise allows for dedicated working capital for that project.

"The ability to raise significant funds in this manner from a single investor, without recourse to the usual market placings, demonstrates the stage of business development and the prospects offered by further work at Pilot Mountain and Garfield.

"The Company wishes to record its thanks to all shareholders for their support and to Purebond Ltd for its continuing engagement and support of the Company.”

[metis20] 10/6/2024 08:40

Garfield reminder

[sos100] 10/6/2024 08:08

This is how fund raises should be done...

last time 15p and went up another 50%...same thing will happen again

[the count of monte_cristo] 10/6/2024 08:05

Really nice rns this morning.

[the count of monte_cristo] 04/6/2024 13:09

GMET mentioned at 23:50

[wisteria2] 03/6/2024 09:20

Nice...Always wish i had bought more around the 15p level when first invested !
GLA

[the count of monte_cristo] 31/5/2024 16:06

So far so good, there will be ups and downs. Take it easy, enjoy your summer....more to come here.

[888icb] 31/5/2024 12:36

Up 16.2% at 21.50 as the volume just passes 1 million is certainly a good morning.

[rafboy] 31/5/2024 12:26

Think we are on a winner here.

[sos100] 31/5/2024 11:52

well done Count...not easy finding multi baggers.

skill and Patience and sticking to the target 👍

[the count of monte_cristo] 31/5/2024 11:46

Well, if I do I can focus more attention to researching the resource stocks on the ASX and TSX. Four years ago I had less than 10k as a total portfolio. SOS100 knows me from EEE, and how that went from 2p to 12p, transformational if you focus your portfolio on such a stock. XTR was a similar one, pre-Bushranger drilling. Just need a few like that and you can do very well and right off some of your losers, not everything will fulfill the potential.

[sos100] 31/5/2024 11:40

20p wasn't much of a target :)

[rafboy] 31/5/2024 11:38

Hope you do it. Good luck.

[the count of monte_cristo] 31/5/2024 10:25

Rafboy, ask me the same question in 2026, retiring before 48 would be nice.

[888icb] 31/5/2024 09:11

20p has been breached currently Up 9.46% at 20.25p. It seems GMET is off to the races at the end of a week that has already seen some decent rises.

[mr.oz] 31/5/2024 09:11

55k @ 18.89p delayed trade from 8am
Thought this might pause at 20p. Will be interesting as we close the week off

[rafboy] 31/5/2024 09:01

Why are you still working?😀 Nice one though.