Sovereign Share Discussion Threads

[georgia103] 10/11/2017 08:18

A change of broker & advisorHopefully getting closer to d day

[big7ime] 08/10/2017 22:53

Oh, it's John Wardle

Co director with GC in AMER

[big7ime] 08/10/2017 22:48

What do we know of Tracarta Ltd? Upped their stake here before suspension

[big7ime] 03/10/2017 08:19

Here's a better idea: Invest your money in ANTO
They'll be the beneficiary of a shortage and hence increasing copper price

[tippow] 02/10/2017 07:01

With Copper set to explode i have Put together some info on #GEO which is well worth researching over the weekend. GEO has £4.5m in cash (enough to take them to production) and BOD have bought £100k's of shares in the open market previously so they are aligned with share holders.

"Our twin objectives for 2017 are to report a 3 to 5 Mt copper and gold resource and to commence low cost production to be processed at our JV partner's neighbouring operations. We are on course to meet both objectives..."

GEO are looking at proving up 50mt and it looks like that may well be blown out of the water as the resource looks much bigger then originally thought.
50mT at 1% gives 500,000 tonnes of copper. Copper at $3/lb = $6.62/kg=$6,620/tonne

6,620x500,000= $3.31 billion

50% ownership so that become $1.655 billion

$=0.75£

$1.655billlion=£1.24 billion

Lets assume a modest 50% recovery and a 25% profit margin.

1.24x0.5x0.25=£;155m

Even with my ludicrously conservative assumptions and excluding the gold cap, this company is sitting on an asset at 5 x the current share price and production is likely to commenceg in the coming months.

John Meyer,twice winner of the UK Smaller Mining Analyst of the Year. He picks Georgian as his top copper pick and describes GEO as "the next SOLG" SOLG market cap is £500m!!

John Meyer, analyst at share price Angel, looks at his picks including Glencore, Rio Tinto, Georgian Mining and SolGold.

4.45mins in

hxxps://www.ig.com/uk/market-insight-videos?CHID=9&SM=TW&REF=IGTV&bctid=5567278253001&bclid=3671160850001 … … … … … …

Also previous videos on GEO worth watching

hxxps://audioboom.com/posts/5996550-john-meyer-covers-georgian-mining-corp-geo-ortac-resources-otc … … … … … … …

hxxps://audioboom.com/posts/6041037-john-meyer-on-solgold-solg-georgian-mining-corporation-geo-21st-june-2017 … … … … … … …

hxxps://player.fm/series/the-vox-markets-podcast-with-justin-waite/824-georgian-mining-corporation-geo-and-bonnie-hughes-on-botswana-diamonds-bod … … … … … … …

hxxps://audioboom.com/posts/6149837-greg-kuenzel-managing-director-and-martyn-churchouse-technical-director-of-georgian-mining-corporation-geo-27th-july-2017 … … … … … … …

… … … … … … …

This is what is being indicated by the BOD.
"Although work to date has focused on three zones as separate areas,
recent results suggest that they coalesce to form a large epithermal
copper-gold system"

Now that would be HUGE!!! "A large epithermal
copper-gold system"

GEO with its vast resources,no capex outlay for a mine,plenty of cash in hand Leading to a more or less debt free flying start to a rolling income equating to a minimum price target of 60pps+ based on available information with a million ton throughput for copper followed almost at the same time by gold?
Is 60pps too conservative in view of the increasing copper and gold prices?

we are awaiting in a strong news rich transformational period for the company and await results of the 28 assay results, JV production agreement, production starting date.

The project is derisked now. It is going to be mined and no capex needed!!
Remember the company have previously described their find as a "world class discovery"

John Meyer also said in one of these interviews that " this will be in hundreds of millions if not more"

Multibagger in the making here and all very close

All thoughts are mine and helped by others posters snipets.

[sabre6] 30/9/2017 09:18

Last time eye saw GC he must have been drinking as he looked a bit glassy eyed eye do hope he didn`t make a spectacle of himself.
He must have brought a boat as everyone was saying eye eye captain

[squiresquire] 29/9/2017 07:59

It does look so, Specialist Eye Equipment manufacturer, interesting, i wonder if they intend to sell as well because the earlier RNS had mentioned Indian Retail, If they found a cheap business £400,000 would go quite a long way, all good stuff, hope it isnt too long to wait for the outcome.

[2magpies] 29/9/2017 07:39

Things are developing nicely, behind the scenes!

And that seems like a very niche sector they're getting into.

Makes sense to sell a chunk of volcanic, which leaves SMA with £600k+ of cash. Still have 1,000,000 volcanic shares.

[goldguru2017] 19/9/2017 12:43

Kestrel Gold (TSX Venture Exchange symbol KGC.V)

Please allow me to bring your attention to this low-market capitalisation, high potential gold/copper exploration company that has assets in the ‘Eye of the Storm’ – the White Gold Area in the Yukon, Canada.


- Recently acquired acreage in one of Canadas most prolific gold areas – the ‘Eye of the Storm’ White Gold Area in the Tintina Gold Belt.
- Easily accessible, excellent infrastructure, safe jurisdiction.
- Sampling just finished, funded drilling programme about to commence
- >100g/T Gold sample from Clear Creek – excellent potential
- Peak values of 12,400 ppb Au from soil sampling on Val Jual
- Relative low market cap – CDN$4.2 million
- CEO with proven track record of growing public companies share price by multiples
- Leading Canadian gold geologist, Jean Paulter, running drilling campaign
- Nearby to discovered goldmines (Coffee, Golden Saddle)
- Val Jual /10 Mile Creek acreage surrounded by active 2017 programs by other companies
- Drilling news flow expected before year-end

Please do your own research on the Company before investing. Thank you for your time.

[happyholder123] 09/9/2017 09:25

HNR -
TWO wells successfully drilled with abundant oil and gas in samples extracted!
Fracking and FIRST OIL next month!
Don't miss this train!

[sabre6] 30/8/2017 15:36

Look at RNS 1st June & 22nd July
Hopeful that a deal RTO can be concluded before 21st January 2018
Looking at a investment in the Indian consumer market.
If I had stuck £125 grand in a company plus options I would want to make a deal.
Hope this helps

[thesloth2] 30/8/2017 09:32

Very quiet here. Do we expect a total loss in Jan 2018?
Or, news of a RTO before then ?

[squiresquire] 21/7/2017 14:06

He and Rupert Fraser,


Giles Clarke and Rupert Fraser have invested GBP100,000 and GBP125,000, respectively, in the Subscription alongside existing and new shareholders, including existing director Nathan Steinberg.


Jeremy Sparrow also has 11,000,000 warrants which are exercisable on the execution of a reverse takeover by the Company.

So yes the three main players each have skin in the game.

[2magpies] 21/7/2017 14:05

They may well be whizzos in all sorts, but they simply got nowhere at all in the resources sector, after years and years.

It seems that the best thing they did do was to take shares in Volcanic, which are showing a very nice (paper) profit (despite a recent fall).

What says the Newco will sell off Volcanic stake?

What will they be doing in India? Big choice.

[sabre6] 21/7/2017 13:55

Didn`t Giles bung some wonga in here some months ago.
I am sure like us all he does not want to loose it!

[blueboy311] 20/7/2017 14:55

AS you say Squire...there is a further six months after the suspension tomorrow for Giles et al to conclude a deal so it would be no disaster if a deal is not announced tomorrow . It does seem that on no reported trades today the MM's might appear to be trying to frighten people out of their positions before the suspension. I'm tempted to add further at these low levels, but already heavily involved at a higher average price.

[squiresquire] 20/7/2017 07:01

Suspension tomorrow

[varrirob] 19/7/2017 12:20

No-one buying or selling at the moment. Hold your nerve time I think.

[big7ime] 19/7/2017 10:34

Maybe I should increase my holding to access this rumour

[sabre6] 07/7/2017 16:03

I heard a rumour from Flavio and he owns 2.5%

[skidaddle] 05/7/2017 14:34

"I own 2.5% of SMA!"

What's that got to do with it?

Give us a link to the rumour if there is one or where you got it from. Otherwise it's called baseless gossip!

[squiresquire] 05/7/2017 13:04

Did you hear any rumour pointing towards the direction of the RTO, Clarke had said Indian Consumer Goods...any idea which?

[squiresquire] 05/7/2017 13:03

Flavio

Interesting post and thank you for sharing, how long ago did you hear?

[flavio_monteiro] 05/7/2017 12:50

I own 2.5% of SMA!