Current holdings are among other $ths.l $enq.l $stgo.to $orv.to $tvi.v $ase.v $edm.v $tal.to $mko.v $lflr.cn $mci.v $agld.v $fred.v $mjs.v 2/2

Thanks, still looks v undervalued for what they have! Would you avg on $ASE.V now or you waiting for their next step?

Portfolio update: Up 15-20% ytd across accounts. Have remained focused on miners in last 6months with maybe average 10% allocation to oil companies. Managed to gain on most positions with exception of one large loser $ASE.v, still holding. Biggest winner $EDM.v still holding. 1/2

$ASE.V observation

$ASE.v crazy selling, I am still holding, will probably buy more at some point. The ones finding the bottom in this stock can make a lot of money in my view. Uncertainity around when AISC drops and how the required 100m$ equity/debt will be raised make buyers hold back for now.

Thank you. Yes $ase.v has been a tough one but I expect it to improve a lot once they hit the higher grades. Also a good example why mining investors need to diversify and have lots of patience.

$ASE.v announces that its recently appointed COO will step in as Acting CEO. globenewswire.com/news-relea…

$ASE.V — Asante Gold | Q1 2026 Results Ghana-focused gold producer running the bibiani and chirano mines — riding a record gold price environment ⛏️ Q1 2026 Highlights (USD): • Revenue: $300.4M ( 112% YoY) • Gross profit: $60.5M (vs $6.5M) • Operating profit: $46.9M (vs -$1.4M) • Net loss: $(8.3M) — derivative & price-protection losses • EPS: $(0.01) 🪙 Production & Pricing: • Gold sold: 62,996 oz ( 31% YoY) • Gold equivalent produced: 59,803 oz ( 15%) • Avg realized price: $4,769/oz (vs $2,946/oz, 62%) • AISC: $3,886/oz (vs $2,971/oz) • Realized-to-AISC spread: $883/oz 💰 Cash Generation & Capital: • Operating cash flow: $34.1M ( 78% YoY) • Capex: $77.7M (heavy mine investment) • FCF: -$43.6M • Cash: $62.3M (up from $44.0M) • Total debt: $334.5M 🏦 Capital Markets Activity: • Private placements: $140.1M raised • Settled price protection contracts: $59.7M • Settled gold streaming: $3.2M • Equity attributable to shareholders: $126M (from $3.2M at YE 2025 — recap completed) 🔄 Fiscal Year Change: • New FY end: Dec 31 (changed from Jan 31 in Dec 2025) • This is the first Q1 on the new calendar Operational story is excellent — production up, prices way up, OCF more than doubled. but ($30M) in mark-to-market losses on derivatives and price-protection contracts kept the bottom line negative even as gross profit nearly 10x'd. the recap has rebuilt the balance sheet; now it's about converting that into clean earnings. Full analysis: investorlens.io/stocks/ASE.V #TSXV #CanadianStocks #Mining #Gold #Ghana #GoldStocks

Good write up on $ASE.v , the turning point should soon come although possible some capital raise before getting listed in Australia.

What's missing is the trajectory of production growth at $ASE.v (guidance). Shall we expect a 2Q26 at 60k or more? That will define whether the cash inflows from gold sales will be more than enough to show that additional debt financing can be sustainable.

"The May 2026 Waiver requires the Company to raise aggregate funding of not less than $100,000[k] on or before August 31, 2026." Debt or equity. Gold forward agreements are excluded. If the ramp-up is real, I believe $ASE.v can make it without equity.

$ASE.v "to defer $52,568[k] in settlement payments under the price protection agreements that were previously due on May 4, 2026. The deferred instalment payments and interest will be paid in six monthly payments from July 2026 to December 2026."

Production of 59.8k Au Eq oz was disclosed thanks to a decent increase at Bibiani. $ASE.v changed end of FY just recently, so past quarters are not directly comparable. AISC are improving as production increase: 1Q26 at US$3,886/oz.

$ASE.v reported 1Q26 overnight. Bibiani ramp-up supports total production growth (1Q26 run-rate at 240k oz/year), still no guidance, and several arrangements to boost liquidity were discussed. Below a first look at main items.

Soma's Q4 report was abysmal. Lots of similarities with Asante ($ASE.v), i.e. overpromising and underdelivering. Like Asante, Soma promised substantial production growth, but failed to deliver. The result: crashing share prices in both cases. I still believe that Asante will ultimately achieve a much higher production level, whether it will be 400 koz per year as guided last year remains to be seen. In the case of Soma, I'm not so sure any more. I think production can increase to a 30 koz annual runrate by the end of this year, but whether the company manages to achieve much higher production numbers as previously guided for 2027 and beyond remains to be seen.

My top pick $orv.to , also hold $stgo.to, $ase.v, $mko.v , $mjsv etc.