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Hi MH01. You are right, PM explorers and juniors along with mid tier producers are finding it extremely hard to get finance. Most explorers fail, hardly any become producers and get bought out for a pittance due to funding problems. GGP is being "thrown out with the bath water", but is the exception to the rule. We have funding in place and only the worst of luck will stop us becoming a producer. Soon the market will see this as a good bet and will pile in. ATB Speedy
After waiting this long and enduring the relentless onslaught on the SP to get this close to production not a chance.
Stubborn and staying put.
IMO the SP is following the LC. Regardless of what else is happening. Right now we have no certainty on which direction GGP is taking so why does anyone think the gold price will mean GGP should be up??
Pretty sure loads of other gold explorers going nowhere right now regardless of the share price.
Chill out. Keep calm. Wait for the real action to begin.
Peepee. Based on your own self character assassination I would stick your money in Bonds as you well are not an investor who has any idea what they are doing.
Hey Bamps,
You in Exeter today? Lol!
I'm gonna put a couple of quid on it, if It wins I might just re-invest it in Greatland. :)
It's a good omen :)
Gold looking good……very interesting the reverse correlation this share has to gold.
Im certain that this is one of the most frustrating SP ive encountered. For sure that this has a world class asset including other potential projects, this is where the institutional investors try and drive the price down as much as they can to push as many PI's put before they start bagging them, look back at other gold companies, if you look at the SP at there different stages for example when gold has been identified sp booms then eventually comes back down to earth and then when production is about to start and thats where all the institutional buyers come knocking and then the SP BOOM BOOM BOOM, get my drift? just need to hold on simple as that if you want buy then please do if you can afford it, we just need to push back on these large shorters
We need captain underpants! 🤣 to help pee pee out
PeePee, we are feeling your pain over the share price, I was also here for many years and had all my gains wiped out, of course a time machine would be a great asset! After all there is nothing we can do about it now just try and forget past decisions and look forward to the future where hopefully we can pat each other on the back and say that it was a good investment decision after all. All the best.
Still holding and will be doing so till 2025. Hopefully everything with regards to the sp will turn around by then.
Plode - The market makers are keeping it above 6, perhaps that is a safety tolerance level for them.
5p in the near future probably
The Hong Kong Hedge Fund is simply rinsing and repeating. If you examine the share trades over the last month you can witness the trend. When this period of uncertainty passes and it will, these institutional short sellers and retail hangers on will disappear like yesterday’s chip papers.
My advice just let SD and his team get on with negotiations. Too many unqualified assh..e DIY armchair critics on this board who frankly know nothing. They don’t know what they don’t know because they don’t know.
And just for context - when I started this GGP journey gold was circa 1200 USD/Oz .....
I suspect that 98% or more of the posters here (including myself) have largely cut their exploration shareholding teeth with GGP and some of us will have lived the Lassonde Curve rollercoaster with lots of kicking oneself for not getting out on the top of the first wave.
Well for those that are still here, you have hung in this long - it would be a shame to lose heart at this stage in the game.
Keep the faith.
ATB
Wow zoro ridiculing someone who is sitting on a big loss ! Zoro who has never got one prediction correct except whats already happened , great bloke
Is that professor pee pee diarhea poopy pants? 🤣
ITSOUTH - ahh the serial shorter has arrived. I expected you today with the share price down.
Peeper - have a poopoo, you’ll feel much better. X
Z
Just sinking all the way back now. Hope i break even soon
Fed up with this share. I went in with the kitchen sink when this dropped down to 16p. Loaded all the way up to 32p and on the way down to 24p.
In an attempt to average down i threw everything i had at it then then 14p placing destroyed that too. Average is still 16p despite topping up further at 11p and 9p.
Needless to say i wont be investing in explorers anymore. Should have just went all in with rolls royce which was below a £1 at the time.
What do you mean no control over it. we are the ones managing it, newmont are just digging the hole for us.
If ...you've been invested here 10 years n didn't get out at 37p ISH how much exactly were you expecting?
To the main point re 18p buy out,GGP are currently in a position with no control over it's,one and only current 'asset' liable to produce,AF is in charge of the bod,Wyloo are constantly being asked to ipo ..... Havieron and Telfer in THEIR portfolio would make it so much more attractive to repeat FMG's once,but now potentially,waning success,it would be quite easy to 'starve' GGP out so any offer would seem acceptable hth
The sooner this is resolved the better. How long do we estimate before ggp will be in a position to make an offer
''Either an external buyer comes in and takes out Greatland for about 18p a share''
🤔🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣
(I doubt anyone on here would vote through a T/O at 18p! I sure as sh8t haven't been invested here for 10 years now for 18p a share!!! 😡🤬😡)
I think that is just indicating that the pumping out volumes increasing and the increase to the original pond modelling not necessarily the aquifer modelling. I doubt if that would be far wrong but additional water could enter from other underground reservoirs.
Hydrological surveys are quite specific and shouldn’t be far away from initial modelling.