Phoenix Copper Share Discussion Threads

[orhlsw7] 13/4/2023 10:56

That management has inabilities is correct.

[deuchar] 12/4/2023 13:46

Correct Haut Brion 58

[haut brion 58] 12/4/2023 13:27

m1sterx

I don't think the persistent bashing on this board is driving the share price down; it's pretty minimal compared to other AIM stocks. I do believe, unfortunately as an existing shareholder, that it's the directors inability to secure funding.

HB

[m1sterx] 12/4/2023 12:33

On another bulletin board, not related to PXC, a basher has fessed up the purpose of his actions, namely to allow a group of investors to secure a decent position in the stock way below what they deem to be fair market value, he confirmed 'his mission had been completed and a decent stake had been secured'

So think PXC - an illiquid stock, hard to build a position of scale, what is needed therefore, you guessed it, persistent bashing to drive sentiment down to secure the above result.

Time to buy !

#knowthegame

[kaos3] 12/4/2023 10:30

is there a list of the most expensive states to do the mining in

USA
world wide

can not find anything useful

[bradshaw980] 12/4/2023 10:28

OK let's see who gets fully permitted first baby boi

[juju44] 12/4/2023 10:25

Rampers are the big losers here

[deuchar] 12/4/2023 10:20

Still no sign of funding

[purpleinvestor] 12/4/2023 09:48

Just ignore these guys. Its always the same bunch. Probably not invested, live alone and can't afford the heating so type on their keyboards to keep themselves warm.

[zaphod99] 12/4/2023 09:43

drillhole BKZ 33600-10 is in mining basket-case Indonesia!!!!

Shame it isn’t in one of the best, lowest-risk mining locations in the world like Idaho for example.

[donald pond] 12/4/2023 09:43

The drilling was carried out by contractors. Their drillbit broke on their previous job and supply chain issues last year meant they could only source a smaller one, so we ended up with fewer, narrower and shallower holes than we had planned for. Nevertheless, these results are absolutely fine and the geology team are very happy with them. We weren't aiming to hit the known veins of mineralisation but to skirt the edges of them, within the limitations of the drill bit. It is early days at RS, these results are another piece in the jigsaw, no more, no less.

[goodgrief] 12/4/2023 09:38

I think that is a reference to an Asiamet Resources drill hole. And yet its share price remains on the floor?

[greyingsurfer] 12/4/2023 09:35

Your search - BKZ 33600-10 - did not match any documents.

[jasperthemonkeygod] 12/4/2023 09:26

Google drillhole BKZ 33600-10 !!!

Do you get many dinner party invites?

[juju44] 12/4/2023 09:16

Red finish

[juju44] 12/4/2023 09:06

Not impressed with those results

[bradshaw980] 12/4/2023 09:02

Granted I can be a massive bell-end, but assays were distinctly average at best fella! Wanna see a top-tier AIM polymetallic assay ? Simple ! Google drillhole BKZ 33600-10 !!!

[jbravo2] 12/4/2023 09:00

It’s not an economic mine digging (underground) for 1.5m of 7g/t in USA

[donald pond] 12/4/2023 08:55

It's important to emphasise that Red Star is very different to the proposed open pit at Empire. RS is a high grade, low tonnage vein system that is more suited to underground mining rather than a bulk tonnage open pit. The contractors had problems sourcing the right drill bit for RS after their one broke, so we had fewer, smaller and shallower holes than were planned but everyone is very pleased with these results. We were looking at the edges of an area identified by the magnetic survey and so to find 7g+ of gold was really intriguing. It is another piece in the jigsaw but it highlights again that everywhere we look we find signs of a rich polymetallic resource

[jbravo2] 12/4/2023 08:50

He’s right. They are average at best/poor. One drill hole couldn’t replicate any results 10 ft away from the original

[bradshaw980] 12/4/2023 08:42

Hmmm distinctly average at best imho DYOR!

[qs99] 12/4/2023 08:19

well so far IMO market likes it! DYOR, is this the final piece of the jigsaw to unlock the funding?

[qs99] 12/4/2023 08:14

V +ve IMO, should help with the Bond issue IMO..DYOR

[mininglamp] 12/4/2023 07:56

A good RNS with positive comments from the CEO, expanding the footprint of mineralisation.

The shares look decent value given the fall from the mid 40p's recently.