I'll continue to soak as I picked up a few wins on recent nearology plays
Had a chat to Eddie King last week and he seems pretty switched on, looking for a genuine project etc. After speaking with him, I have a feeling we are going to get a Gold vend over a Vanadium. Reasons being:-
1. We already have Botswana based assets (plenty of gold about)
2. Vanadium stocks are not getting love despite the all time high price
3. Gold stocks are copping love for discoveries
I like his interview with * from earlier in September on his approach to running a company. His comments highlighted in bold below are also what add to me thinking we are getting something Elephant Gold and African based potentially
https://unauthorised investment adv...approach-is-all-about-value-for-shareholders/ (note it is in relation to another stock, but his comments highlighted in bold are very interesting)
Mr King has a methodical approach to turning unloved, low enterprise value companies into success stories
"The top three things investors should look for in a good resources company are valuation, people and grade, according to Mr King."
“When you’re investing in a microcap company you’re usually drawn in by the people or quality of the projects but sometimes valuation is forgotten. You’ve got to look at the valuation also because you have to be comfortable with what you pay as an entry price,” Mr King explained."
“The best place to find new gold mines is near or under existing ones.
“We’re looking for elephants in elephant country and if you want to go looking for a new gold mine, go to where there’s lots of gold mines.”
I'd be cheering for an Elephant gold play in Africa - big grades, huge targets, vendor should take most of the consideration the back end
Hopefully their asset in Botswana has seen them come into some interesting and cheap projects
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