Sunrise Resources Share Discussion Threads

[theaviator] 02/11/2023 21:49

Hahaha My money where my mouth is dear boy!

[yasx] 02/11/2023 21:31

Still no development of note - Aviator has been promoting this dud for months at multiples of the current price. Even if it were to multiply several fold, he would still barely break even.

I am not sure why punters elect to buy ACo's with negligible prospects, no sign of meaningful revenues and a Board with a track record of poor delivery when there are dozens upon dozens of good Co's with solid balance sheets, paying a dividend and trading at a discount to TNAV.

It costs to be stupid - the more stupid you are, the more it costs.

[irishdave2] 02/11/2023 18:26

I agree aviator/1wager.Reese ridge will still be in play after conclusion of C.S. site.Note it is stated 3D ztem data no cost to sres. But drilling will cost a lot going down near 1000M.

[theaviator] 02/11/2023 17:33

Not interested in it! Interesting in CS ONLY!

[1wager] 02/11/2023 17:33

RR a very good RNS. But this wasn’t the reason I invested years ago! This could be big but I don’t want attention and focus off the CS site now. This can’t be an excuse to move priorities

[irishdave2] 02/11/2023 16:07

Pistolpete100 yes I have.

[pistolpete100] 02/11/2023 14:39

Dave - have you spoken directly to PC on Reese ridge?

[pistolpete100] 02/11/2023 14:38

Maybe but yet again we are right at the start of that project - lots lots lots of investment needed to define and validate the resource - so any pay day feels very far away - and not before plenty of further dilution - really need CS deal of some description to create some cashflow

[irishdave2] 02/11/2023 13:49

We all need to get our calculators out again,for projected share price after last rns news.P.C. Very excited About R.R. site, much more than he ever was about C.S. site.

[theaviator] 01/11/2023 15:22

Actually algos as per Setssq. Mms don't sit there tweaking prices like folk think..they make little on these stocks!!!!

[benchmark] 01/11/2023 14:59

pistolpete100 - reason for large spread is simple. Market makers want to discourage both buys and sells as they don't wish to be left holding too much stock when the volume being traded is so low.

[pistolpete100] 01/11/2023 13:38

Why on earth do the MMs do this re the spread?

[loot2309] 01/11/2023 11:58

50% spread on this!

[bsg] 01/11/2023 10:45

Odd, paying over the odds for 600k.

[theaviator] 31/10/2023 09:56

Simple don't even attempt to buy or sell. The fact they have spread like this tells us..... ;)

[theaviator] 31/10/2023 09:09

Yeah stupid one. They chancing their arm.

[pistolpete100] 31/10/2023 08:43

Ridiculous spread this morning...

[theaviator] 30/10/2023 15:45

Natural law an all that.... ;)

[mickhay3] 30/10/2023 08:39

I'm chilled Theaviator wake up in December ;)

[loot2309] 30/10/2023 08:21

I imagine that WalletInvestor are looking forward at the Tosla deal in December with that price prediction.

[irishdave2] 29/10/2023 20:11

O.K. aviator that’s fine thanks.would be nice to see your 1.5-2p mark.

[theaviator] 29/10/2023 17:59

"Wallet investor" should give me a call. I have 1.5 - 2p ear marked based on forward NAV

[theaviator] 29/10/2023 17:53

The sunshine always comes out after the rain