Sunrise Resources Share Discussion Threads

[fire2480] 02/1/2025 05:26

PC needs to be open with investors and inform what the options are being discussed . Not next month now

[irishdave2] 01/1/2025 22:43

YasX read the original agreement check first agreed lump sum amount,why did they increase this after first round of drilling and also stake claims around our site.Tolsa will be back faster than you can sell your shares.

[yasx] 01/1/2025 22:19

If you read the RNS you will note there is no confirmation that Tolsa agreed to pay the 1.4M. There appears to be a hint that Tolsa are dismissive of the nature of the Sepiolite given the lack of correlation of grades between different holes. In other words, it may not be what they anticipated or hoped for and they therefore may not have come close to anything like the 1.4M sres wanted.

It has taken PC nearly three years to get this rejection from Tolsa. His rebuttal is that they spent more on the project than he did - but that is just nonsense of nil relevance and an indicator of a cheap parting shot given his disappointment.

Tolsa have walked and that is that - I opine that even if they were to return it would be at a fraction of what they previously agreed to subject to assessment/analysis ie 1.4M plus 3pc.

This project is dead for now unless Tolsa come back with a derisory offer. PC needs to try and sell some of the royalties attached the other projects and soon.

[yasx] 01/1/2025 22:05

Dave,

I would have welcomed 1.4M and given the royalty to Tolsa - I am fairly confident PC would have accepted the same. I think Tolsa simply declined to make an offer on those terms.

PC is not negotiating from a position of strength - you witnessed how the Co recently paid the 40k or so. This is not a Co that is in any position to recuse 1.4M.

You now aver a deal is immunent - it is not. That announcement is as bad as it could be for sres.

[irishdave2] 01/1/2025 21:41

YasX no deals in short or medium term,you could get a big suprise very soon.Tell me would you have been happy if P.C.had take lump sum and dropped the 3% royalty for a deal,without knowing what we have.If he needed a deal that quick he would have taken it.

[yasx] 01/1/2025 21:05

To try and compare RE with sres is meaningless. It is palpably absurd since there are no similarities.

There are no deals on the horizon in the short term. It is likely tgere are no deals of any significance in the medium term.

I reckon a going concern statement in the next set of results. Time will tell.

[irishdave2] 01/1/2025 17:10

YasX keep selling better some back in the bank.About market function remember Rolls Royce under £1 now over £5 assets were still in place when down at £1,same will happen with sres when deals come.

[yasx] 01/1/2025 16:49

Dave,

It is clear you do not know how markets function - try selling this illiquid Co if you hold a reasonable line- it is virtually impossible at anywhere near the bid. However, on the family account we did manage to offload a few million or so but nothing substantial but was surprised that could even get that away at 0.03 or more. For me this was only a modest short term punt and never an investment for reasons I set out previously from 0.25p all the way down.

[irishdave2] 01/1/2025 16:38

YasX if you think that bail out.We have enough funds at present,P.C. Is not in a panic mode.Just let things settle for a while,picture will become clear.Your reaction is what Tolsa are looking for,Tolsa are not walking they are still in game,but with others now.

[yasx] 01/1/2025 16:26

Barnaby,

Your drivel can be summarised as follows: PC is a nice chap.

Well, I do not know him personally but he might well be a nice chap but so what? It is irrelevant to sres so it is baffling why you and the vibrating tuning fork keep plugging that point. A better aspect for you to consider is what tangible value has PC delivered to holders in all the years he has been at the helm of this Co?

There is a reason the shares sit where they do. Being a nice guy does not help matters as evidenced by the past decade. The astrology ‘star gazing spin the wheel I can’t write or spell but we have been here for years little boy’ seminars from Alienator are similarly of no use to sres either.

The bottom line is this- PC needs to sell some asset and/or royalties in the very short term to keep this thing going since raising funds by any other mechanism (even if that were possible) would be to the detriment of current holders. The question is what can he sell and for what price. All the projects are nascent in nature and based on his handling of the Tolsa negotiations it does not bode well.

[yasx] 01/1/2025 16:08

Dave,

PC does not have the funds to sit back patiently and allow things to unfold - it might have escaped your mind but he has explo commitments he has made on other projects held by the Co. There is not a magic money tree from which the funds will fall.

Tolsa walking is a disaster for sres - anyone suggesting otherwise is either unrealistic or unwilling to accept the inevitable demise of the Co.

[irishdave2] 01/1/2025 14:18

Tolsa site at present is jointly owned 50% each with 3% royalty over whole site.If we are entitled any results & samples from Tolsa half as per rns good.Tolsa could end up with half a cake and still end up paying 3% on extraction.We need more info.I say Tolsa will not let this site out of control,mileage still left in this.P.C, should not approach Tolsa again let them come back,Just like our pozzolan site original cement co back at table again.P.C. Been in this game long enough and will see them give way a little,then the deals will flow.

[organstop] 31/12/2024 23:09

Sorry to lose you Theaviator. I've been here too long I fear.....

[barnaby5] 31/12/2024 20:17

Yas, spending that amount of time you do on here makes me believe you’re a loser. We’re all down here but you make out youre an Expert. What a tawt you are. I’ve known pc for around 15 years . He works more hours than all ceo, he has brought in small deals with royalties but I think big deals he needs to bring in big boys for big deals who can cement the deals. He is not a scammer and works all hours. It’s a pity his directors don’t back him up with buying. Just maybe pc will take a different view of getting share price where it should be.

[yasx] 30/12/2024 16:47

Undoubtedly the tuning fork will be back - he rarely adheres to any of his assertions.

As for his view that he will no longer offer anything constructive, the remarkable thing is he thinks he has offered a constructive view at some point in the past. His ramblings go as follows:

This is a great company and will treble from 0.25p in an instant and those not invested will miss out on such a stellar opportunity. PC is a great chap, sincere and competent as they come. Moments later this turns into PC is out of his depth, he needs to be removed and the tuning fork will vote against him to make sure that happens. Several moments later this changes to PC needs his guidance and he is willing to lend him his tuning fork which he used earlier in the morning when advising GS and JP Morgan. That again changes to something along the lines of have had enough am selling out and PC will know when that happens. An hour or two later he alters his stance to this is a great company and PC is a chap of utmost sincerity.

You could not make it up - but Aviator certainly does. One thing that does amaze me is that there is a school in this land that actually taught him to write as he does. I mean, it is simply staggering. That teacher needs to have his/her certificates scrutinised.

[theaviator] 30/12/2024 12:36

Folks you can DM me if you like. This my last post on Sres advfn. When there's excrement around like this character below it is very difficult to say anything let alone anything constructive that may be useful to us long termers.Wishing all the very best.

[yasx] 30/12/2024 11:38

Aviator,

I think you ought to keep the discussion to sres - I am not interested in your other fictitious claims for which you claim to have provided evidence (another figment of your imagination since no evidence has ever been provided by you in relation to anything).

The only thing that is obvious is that you are unable to string a few words together without it becoming apparent that you received very poor schooling.

[theaviator] 30/12/2024 10:45

PMSL I dont give a toss about the money. My total lot on here is less than what I make a week with regular trading as I've posted and evidenced to you several times little boy. Suppose you don't believe that either LOL Hence it is not about the money. Never gamble with what you cannot afford to lose little boy!

[theaviator] 30/12/2024 10:42

Go back to school and learn some maths!

[theaviator] 30/12/2024 10:41

How can I be down over 90pc with an average below .08 you thick boy!

[yasx] 30/12/2024 10:11

‘PrincipalR17;
Oh dear.

Incidentally, small point for you to note: voting against any resolution with your paltry holding has no impact - hence why it was and remains a futile exercise.

Indeed you are down by over 90pc but almost certainly you will eventually lose the lot here since you are hoping to get to breakeven (0.25p) but that will never happen, not in a million years.

[theaviator] 30/12/2024 10:00

*or without