Sunrise Resources Share Discussion Threads

[bsg] 28/10/2015 14:18

It's interesting to take a look at THR to see what can happen. They've had placings galore, last one was @ 0.05p (one twentieth of a penny). They seem to always have somebody to stump up the cash in the placing. Either they forward sell or have a window after the placing where the share price is about 10-20% over the placing price so the placee can offload to the mug punters. It happened here at SRES after the 0.2p placing the price was 0.3 - 0.35 for a while.

[fire2480] 28/10/2015 14:05

Think it gonna be hard to swallow another placing below the last price . StIll Patrick needs to keep feeding the slots in vegas from somewhere . Penny for the guy anyone

[bsg] 28/10/2015 14:01

At what price the next placing. Although in this market better than debt. One could lose all with debt.

[fire2480] 28/10/2015 09:20

In summary Patrick here and at tym is just fleecing holders . It's a disgrace , ask why a ridiculous spread for months ? Simple because it's going nowhere and markets have little confidence in the exploits of this company or man

[fire2480] 27/10/2015 11:57

About time Patrick pulled his finger out of the bloody holes he digs . Investors are losing patience with this man !!!!

[bsg] 27/10/2015 11:48

Drilling for a few more years, with ever increasing dilution in a depressed market. not good.

look at THR for a good example of this.

[nigthepig] 27/10/2015 11:39

nigthepig - 05 Oct 2015 - 14:49 - 2055 of 2111 - 0How unusual, we are back at 0.225 yet again. I am amazed by the enthusiasm and confidence of some on here. History tells a very different and more gloomy story here and I can't see anything to get excited about.Oh dear - we are back at 0.225 yet again.

[stevie blunder] 25/10/2015 12:46

SquibNO1

Got it in one. The decision to concentrate resources on just one project would signal confidence and would be a turning point.

I saw this happen with Brancote years ago, they disposed of all their projects around the world except the Esquel prospect in Argentina. Shares went from a rights issue price of 2p to over 200p in the course of time.



The most interesting thing about the recent release I thought was this:

"The narrow high-grade silver mineralisation encountered at 88.70-88.85m down-hole was from a speculatively selected sample and the high grade of this sample, 11.5 oz/ton silver (394 g/t), was unexpected. No samples were taken either side of this interval and further sampling around this interval is now required."

To me this refers to silver mineralisation that was not obvious visually. We should get the results of adjacent samples from the core in due course.

[benchmark] 25/10/2015 09:17

Who would buy worthless almost-abandoned propsects? They would have to pay someone to take them off their hands!

[squibno1] 25/10/2015 09:09

If this silver project is so good, shouldn't the Company be getting rid of all the other half tested non progressive projects around the world so as to concentrate resources, both manpower and cash resources?

[fire2480] 23/10/2015 16:32

Think Patrick needs to say something to his shareholders here as there may well be an uprising at the agm! Where's the value Patrick ? Oh it's in a hole in the ground!!

[desert orchid] 23/10/2015 16:21

Gotta love the Bull $hit these guys put out.10/22/2015 03:07 Alliance News "Sunrise Resources Shares Surge On Silver Shows At Bay State".

The reality is the day after the news release and SRES has 1 trade of 6,867 shares!

Pitiful

Dessie

[desert orchid] 23/10/2015 14:05

I might find myself in a hole before Patrick finds anything in a hole.

Dessie

[bsg] 23/10/2015 13:08

Definitely seems easier than working for a living ...

[fire2480] 23/10/2015 13:00

Patrick's fascination with holes happened when he starred in the film ( holes ) . You can have square ones , round ones , slopey holes , diamond shaped holes , odd holes , even holes and finally big holes or even little ones

[benchmark] 23/10/2015 12:50

I have heard that Sunrise has applied to become a Registered Charity.

[fire2480] 23/10/2015 12:46

I'm gonna go for my dilution next week as Patrick needs to issue shares to the fat directors and pay for further holes .

[desert orchid] 23/10/2015 12:41

Anyone much over 40 probably not going to see a return in their lifetime.

[fire2480] 23/10/2015 11:20

Patrick's very good at drilling holes, after all that's all he has achieved for shareholders for the last 5 years . More holes please Patrick

[benchmark] 23/10/2015 08:44

I would suggest: Years and years!

[squibno1] 23/10/2015 08:41

said group executive chairman Patrick Cheetham.

"So far we have drilled at a wide spacing on only the northern section of the vein, and to a relatively shallow depth.

"We need to drill many more holes to get a true picture of the silver mineralisation but this is an excellent start."

Any one know what timescales the company are planning?