Goldstone Resources Share Discussion Threads

[cpap man] 22/5/2019 17:05

KAV



Some nice words in the morning note from the highly respected mining analyst John Meyer at share price Angel ref: LSE:KAV / www.kavangoresources.com /Tw*tt*r = #KAV



Kavango Resources (KAV LN) 3.6p, Mkt Cap £5.7m – Laws of probability to be rewritten after Kavango strikes mineralisation in first and second drill holes under Karoo sand in Botswana

Kavango, which is exploring for a large-scale bushveld igneous-type mineralisation reports results from a second drill hole in Botswana.

The team which are highly experienced in the geology of the region have used geophysical data and remote sensing to establish drilling locations.

Remarkably, the first drill hole hit mineralisation under the sandy Karoo sediments
Even more remarkably the second drill hole is reported to have also hit mineralisation including copper in chalcopyrite with a 1.5% XRF gun reading. X-Ray Frequency gun readings are not considered to be reliable due to their potential for miss-reporting but we do place some value on the readings when in the honorable hands of Messrs. Foster and Moles.

The first drill hole hit a 200m zone of intensely altered rock with indicative cobalt values of up to 0.9%, averaging 0.2% cobalt and >70m of elevated copper, zinc, lead and nickel values.

Conclusion: Kavango is worth watching and we await results from drill core assays. While we never doubted the skill of the geological team we are surprised and impressed to see two sets of mineralised results in so short a time frame. Well done team!

[spacedust] 22/5/2019 15:58

Correction * need this to go to 50p on NO news

[spacedust] 22/5/2019 15:58

Need this to go to 50p on news

[spacedust] 02/5/2019 11:04

Not surprised. Seen these types of news for over a decade on this doghst.

Need to see the money rolling in

[shortarm] 02/5/2019 09:47

No squeaks and no purchases either!

[stonesp2] 02/5/2019 08:48

Positive news and not even a squeak..?

[nicd] 12/4/2019 12:12

Act of faith to stay in this

[anley] 25/3/2019 12:54

I believe that to be a true statement.

What the current management has in mind to settle this action is not clear in my view.

[goldenshare888] 18/3/2019 15:28

Old management still a drag on the share price I see!!!

Hopefully they are not involved in this business anymore.

[anley] 18/3/2019 11:50

No ....... a mark down as the market is short of stock and needs to protect itself if for example good news suddenly lands on our door steps.

[trader365] 05/3/2019 14:41

Breakout on the cards?

[anley] 05/3/2019 09:59

The market seems to be short of stock as the miner keeps to its tasks........

[anley] 25/2/2019 17:49

A purchase of 250,000 @ 2.05 was down as a sale........watch what these MM get up to when wanting stock!!!!!!!

[anley] 25/2/2019 13:28

They are now getting on with the job of developing a gold mine..........and with the price of GOLD going up and looking firm then the future value looks firm.

[spacedust] 15/1/2019 15:42

Anley you are NOT filtered carry on posting

[anley] 15/1/2019 14:47

SPACEDUST........you are filtered so please do not post.

[spacedust] 15/1/2019 13:42

Big sells being mopped up

[spacedust] 15/1/2019 12:15

Amy buying pressure and this will be 3p

[anley] 15/1/2019 12:11

All is well down the shaft................

[spacedust] 14/1/2019 21:30

452k bought at 2.2p????

[spacedust] 04/1/2019 11:24

The pull back looksa great for another moonshot

[spacedust] 03/1/2019 11:53

Would be great to finish at 2.5p today

[observer007] 03/1/2019 07:49

Saw this on Twitter - poster has 10p target and explains
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@Oilplayer2009

30 Dec 2018

#GRL (1.5p) - 1 of my top picks for 2019 - new major investors are game changing - shares will re-rate - low £3.5m base - see below - 10p year end price target is fully attainable - good luck trying to buy in - 250m of the issued shares are VERY tightly held ! #gold #production

Oilplayer2009
‏

@Oilplayer2009

33 minutes ago

#GRL (2p) lots more to come - target 30,000oz production within 18 months - equates to $40m annual revenue - free cash flow IRO $17m - current m/cap £5m - why I have 10p target price - then only £25m m/cap