Gunsynd Share Discussion Threads

[billthebank] 19/4/2021 08:06

Is Chris Akers in this too?

[donaferentes] 19/4/2021 07:30

Just squeaked in at 8.00 on the dot at 2.17 having failed at 2.10 on Friday. Great set of results with plenty of IPO news to come. It's a great time for making small loans/investments to miners pre-IPO - all those battery metal hopes.

[jungmana] 16/4/2021 11:25

Still being held back by a few million warrants at 1.30p . Once clear this should be free to rerate. Looking forward to the low6 ipo soon

[tomboyb] 16/4/2021 11:25

1.3p warrants holding it back -

[jungmana] 16/4/2021 11:17

Should be at least 3p on that results news imo

[billthebank] 16/4/2021 11:16

Company's profit for the period was GBP1,032,000 (31 January 2020: GBP608,000 loss). The increase in profit from last year is mainly attributable to the realised and unrealised market valuation gains for "available for sale" assets of GBP1,280,000 (31 January 2020: GBP15,000 loss).

The Company had net assets at 31 January 2021 of GBP4,848,000 (31 January 2020: GBP1,755,000) including cash balances of GBP1,000,000 (31 January 2020: GBP225,000).

Amazingly good yet co still only valued at around £9M!!?

[abbynat] 16/4/2021 11:05

with respect. why do people copy and paste the results rns on the bb? it means i have to scroll all the way down to read any comments! maybe i'm just nitpicking and being a bit lazy.

[tomboyb] 16/4/2021 10:58

1mill profit for the YR -

[jungmana] 16/4/2021 10:10

Just fabulous results. We own a good slice of that huge pie

[ragnarr] 16/4/2021 08:27

Putting things into more layman's termsEagle Mountain has reported the highest copper grades ever hit at its Oracle Ridge project during drilling outside of the existing mineral resource area.While drilling the new Leatherwood contact zone at its flagship project in Arizona, Eagle Mountain (ASX:EM2) intersected 12.7m at 3.96% copper, 49.1 grams per tonne silver and 1.4g/t gold from 363.1m in drill hole WT-21-06.That intersect included 8.7m at 5.2% copper, 66.7g/t silver and 1.98g/t gold, with 34.4% copper, 367g/t silver and 26.2g/t gold over 0.4m in a massive chalcopyrite zone – the highest grade assay ever recorded at the project.Eagle Mountain also intersected 14m at 2.1% copper and 22.6g/t silver in drill hole WT-21-04, including 7.7m at 3.16% copper and 31.4g/t silver.The overall mineralised zone struck in this hole was 24.2m long and graded 1.38% copper and 14.8g/t silver.Eagle Mountain CEO Tim Mason said the results were a fantastic sign for Eagle Mountain, which is currently drilling to enlarge and enhance the Oracle Ridge resource and awaiting assays for a further three holes."WT-21-06 followed up the discovery of a high-grade breccia zone in hole WT-20-10 and delivered one of the best intersections recorded at Oracle Ridge, including the highest-grade copper, gold and silver assays ever recorded," he said."We are thrilled by the outstanding grades but also extremely pleased by the thickness of the mineralised zone at the Leatherwood contact."Drilling is ongoing in the vicinity of WT- 21-06 to assess further extensions to this new zone."Eagle Mountain is now seeking to mobilise a second drill rig to site, and also looking to expand its work at Leatherwood."The intersection in holes WT-21-06 and WT-21-04 confirms the potential of the Leatherwood contact to deliver substantial additional resources at Oracle Ridge," Mason said.

[ragnarr] 16/4/2021 08:17

Update on the Leatherwood contact : described by the Eagle mountain CEO as - truly exciting.https://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-02364160-6A1028626?access_token=83ff96335c2d45a094df02a206a39ff4

[2prsimo] 16/4/2021 06:32

The questions now are, do they sell up completely?, sell a percentage?, or hold on for more upside? They are up 500% odd at the moment.

[x54v] 16/4/2021 06:27

Eagle Mountain Mining up 24% on ASX.

[ragnarr] 15/4/2021 19:46

Glad to have been of assistance :-)

[axonic] 15/4/2021 19:21

Thanks x54v. Gun does look a solid company with decent management.

[x54v] 15/4/2021 18:58

Chris Akers - "I have a target price of 10p for GUN. Remember I do not and will not invest in any small cap company that doesn’t have the ‘potential’ to 10 bag."

[axonic] 15/4/2021 18:46

Ragnarr, I noticed that you like GUN so I had a look at them and grabbed just over 300,000 shares this morning. I think the clincher was seeing that Chris Akers has over 6% holding. Anyway, thanks I'm up over 4% in a day and looking for a nice profit in time.

[ragnarr] 15/4/2021 09:04

I notice Rincon have provided an update on the 6th - basicallyall looks very positive ( i think) with maiden drilling starting this monthhttps://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-02360456-6A1027304?access_token=83ff96335c2d45a094df02a206a39ff4

[jungmana] 15/4/2021 08:56

Looks we still have a few 1.30p warrants left. News should clear them out as imo not a lot left

[jungmana] 15/4/2021 08:11

Getting away to 3p+ soon. Low6 ipo within 2/3 weeks. Rogue Baron doing great too not to mention the excellent exploration/ mining investments in Oz and Germany