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Christophe - I agree with your synopsis up to a certain point.
The drill results and the obvious satellite step-outs tell a very compelling story, as do the Numis, Hannam & Sprott notes, but the biggest bullish factor in my own analysis (apart from the tea-leaves of course) is the attitude of our major partner towards the development of Havieron.
NCM have many other JV's & farm-in agreements with other juniors around the world but nowhere else have they dedicated the resources that they have here, just marvel at the speed that they are bombing through the farm-in stages.
They only began drilling in the middle of last May and we are probably approaching 100km of drilling already on the property (I totted up all the drilling done up to the last report and it came to roughly 70km).
We have seen the Field camp increase in size and permanency over the last 12 months (thanks to pictures on LinkedIn).
We know they need the ore for Telfer and we know that NCM would not be dedicating these sort of resources to a small unworthy deposit.
We have heard Sandeep stand up in front of the mining world and use all sorts of superlatives to describe the high grade deposit, of which they have 'never' seen the like of before in the Paterson.
While I agree that discussing the overall size of the deposit and the eventual monetary value of Havieron is a moot point at the moment, I'm happy to have my capital tied up here for the endgame.
GLA Paddy
Zoros, if I were you I would sell GGP and move on. There are many investors keen
to buy more. Every GGP retracement was short and the SP is moving up steadily
as expected. GGP is my one and only very profitable AIM investment.
Zoros surely it's in line with historical digs drills and assays from other companies? I think gold has been drilled for before! GGP is one of many companies and they all do the same thing. So the share price valuation over drill cores will be based on the facts that in the last 20 years of drills and results in various places, those results were analysed and on the basis of that an MRE was made. The gold was subsequently mined and the shareholders all lived happily ever after. You seem to be suggesting that the drills cores and eventual MRE are not linked? Why wouldnt they? You playing devils advocate?!
I wish you would as these are the best results seen in years of any exploration company
thats the bit your missing its an exploration company.
any way we are looking good for next week and the following week
lets chat in 15 days see where we are at
You're not listening. I give up.
Aurora: WRT the RNS you talk about. They are spectacular results and one hopes and prays that projections reflect a big finding in due course.
However, the RNS doesn't give you quantity overall.
Where in the RNS does it say what the amount of gold is?
All I am saying is that the rating afforded this company ...on sampling results and hearsay, is off the clock. Because at this moment in time, GGP has nothing to show for it.
[It may/should/will do after the MRE but until then it is massively overvalued.
Yup keep typing Yawn
watch next week
Undervalued and behind more great results and remember when we get results there 6-8 weeks behind paddys sat intelligence
get with the plan
Oh and if its overvalued please feel free to pop a short on as you clearly feel its on its way down
Viking - chill out.
I am a believer. I listen to the interviews, watch the vids, read the posts and DYOR. I genuinely think we are sitting on a major find (not sure about a Tier 1, but a major find).
But try and make sense of the current SP.........it suggests a minimum of 10 mil Oz down under.
Until that is PROVEN (in the MRE), there might be less. If so, this stock will crash and burn, like the majority of AIM stocks.
We are currently priced in on hearsay and nothing else. I genuinely believe there is more than 10mil down there but that's not what this conversation is about (from quitefrankly). It's about whether the current SP reflects the true value of GGP as it stands today. And it does not.....no way!
read the RNS reports my friend all the information is there multiple outstanding results
we explore and find and then there is value HUGE value
Tumbleweed.......................................................
So answer this aurtora: based on FACTUAL evidence of what gold/coppoer actually have in their possession, what is the value of that product?
And most people who have researched think you are WRONG
CB1984: Please read my reply to Quitefrankly - a little more slowly....please?
I am a LTH of GGP. Having said that, does one consider May2019, long term??
Suffice to say, I am far from deramping. Everyone who has a basic understanding of the markets and of this stock will understand that CURRENTLY, the market value of this stock is based on rhetoric. There have been no actual firm recorded resource estimates (that I am aware of). A maiden resource is by definition an INITIAL assessment of what is 'down under'.
So the SP is based on fresh air - theoretically.
NOW - comments (and activities in particular) by interested and experienced parties like GH, NCM et al, suggest that something BIG is brewing.....the rest is smoke and mirrors.
Is there 5Mil Oz or 30Mil oz underfoot??? Can you answer that CB?
No, you can't because other than those interested parties....NO-ONE knows.........yet.
On July 23rd - the cat is out of the bag and perhaps then we might see true value of this stock and I for one......................believe it will be substantial.
In summary...12p as an SP for a company that has nothing to show for it (YET) is ridiculous but only a symptom of hysteria and AIM histrionics.
Aurora1 I take that as an insult my friend if you check my postings you will see that I am no such person but I am realist and need to determine, as indeed we all have to, to make our hard earned cash work for us rather than depositing in the banks etc. I am just trying to make money for my family's future, I fail to see why you should criticise me for trying to do this
Nice to see you de ramp all your shares, well done you clown.
Quitefrankly you are talking P I S H not sure if your the first of the paid derampers for the weekend
but next week its only going one way
I put just one question if you step out with a drill and find nothing do you step out further. Think about it
cheers
Aurora