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Well said Tiggerman - I have filtered exactly 65 but it really shouldn't be necessary to do this on what should be the domain of reasonable, sensible and polite like minded people. As it is we risk losing the best and being left with the worst which is not right.
As someone pointed out earlier, something very similar has been going on over at another BB and raises the awful question as to whether it might actually be orchestrated from within LSE itself by some person(s) unknown for manipulation of the SP for reasons of financial gain. Certainly, I never thought I would ever see the likes of events like these seen over the last 24 hours on the GGP BB.
I hope it isn't the start of something and worse is yet to come.
A fond welcome back to all those wrongly suspended.
1N
That'll be Raf06 tumbling into the green coffin for pointlessly goading other posters and Ells tumbling after for naked baseless talking the company down - reportable I believe.
" information that is false or misleading, may constitute market abuse. This could lead to an unlimited fine and up to seven years in prison"
Other than that, I continue to be a happy holder here. 1N
Deecay, well at 06.25 AM? Can't you sleep? ?
Hope it all settles and point is made. Question is WHY did LSE take out some of the best informed posters. It isn't just on this BB either - it's others as well. What is needed is some form of moderating vote by users of these boards to black ball the obviously deliberately disruptive posters who are here for that reason alone (and ulterior motives of manipulating the SP for their own financial benefit)
1N
Time for bed said zebedee - good night and good riddance to the rotten to the core admin.
Here we go with your 3-6 posts '1 month old dodge account' you won't last long here, believe me.... Spreading FUD - fear uncertainty and doubt - over the bulk underground, because that's essentially the only unknown left that such disingenuous posts can target.
Last year we had months and months of tecnhical FUD with the GreenTool and others - who said Havieron would never be economic... but here we are 12 months later with a gigantic starter deposit, a $50m decline going in, and $50m GGP cash funding to DFS, and a published phase 1 mine PFS to take to the bank ... so NCM can get ore to Telfer ASAP.
You may be able to confuse and scare the un-researched with your manipulation, but you cannot touch Bamps or me.
For the rest of you MrBig is a skilled and devious operator who last night was attempting to exploit an ostensibly clever argument. The posts were subsequently removed this am. For the correct reasons.
What he/she was trying to do last night was apply NCM's conservative, underground stoping phase 1 mine operational costs @ $84/tonne - actually $81/tonne according to GGP using the correct exchange rate to Bulk Underground production.
The first Stoping operation has naturally has lower volumes, due to the inherent volume limitations of the Stoping technique and higher costs - ore transport to surface limitation, requirement for drill and blast / explosives, and extra material handling, and subsequence labour in back pasting costs )
But you cannot apply this to the anticipated Bulk under ground block caving grades of the larger scale deposit where the cost per tonne would be circa $25-27/tonne
This is a totally and fundamentally inappropriate comparison made by BiggL - It's like comparing two completely different company cost structures, AND specifically designed to imply that anything under 1.5g is likely to be 'uneconomic'...
And It's total BS becuase we ALL know that Cadia is economic down to 0.4g/t Au... specifically due the bulk efficiencies of the operational costs.
And very much like comparing and interweaving the cost structure of building Ferraris directly to Ford Fiestas -
IE both make massive profits, BUT in TOTALLY different ways . Obviously You cannot make a profit building Ford fiestas in the way you build a Ferrari though. That would be loss making.
That's the best analogy I can come up with. And that is the tactic of this poster. Always Happy to smash them into touch.
Expect Multiple shorter accounts with a very obvious agenda.s
Regarding bulk underground : The only question is will this be a block cave or a more selective sub level cave...? Anyone with mining nouse can see that.. The grade in those breccia are nothing short of sensational. And a mine in their own right.
Agreed on the momentum aspect. Now looking better than I expected at this point in time and very happy to be in this cheap compared to what it will be quite soon.
1N
Infrequent visitor here but liked the set up and bought for long term - not day trading - I haven't got the time. 6% spread now and all think there is an upside from here.
Yes, BUY Daisy! Like others, if you had been doing so on the way down, by now you would've also been in a nice profit. From what I can read, most posters seem to be informed and have the conviction to hold and wait for their rewards. It is understandable that any loss is difficult to live with but it is not like you are/were in the now fairly famous SXX in which case then I would have some sympathy for you.
I don't read you as a de-ramper (I hate that phrase) you just want it all and want it now but that rarely happens.
Do cheer up and give a little credit to the company and board for doing their best for shareholders, for directors themselves of course and for you yourself.
Even Jenny had a little "Boom".
All the best and enjoy the progress of this but I guess you may sell out with huge relief once you get to break even - and miss out on what you invested here for. That happens frequently.
1N
Looks like some know something I don't! That's not unusual but at least I was here before them so my little profit at the end of the day is just as sweet.
VAL heading to be top of the risers for the second time in as many weeks - nice after holding for so long. 1N
hillybilly,
that wouldn't be your friend St Rampez - where has he disappeared to?
Never mind... everything is down today BUT PAT is top of the risers in this sector. How about that?!
I have ORR on my watchlist but I haven't seen/read anything to make me open my wallet. Things are better here with PAT and I am staying.
1N
itacon,
Yes, has felt like a bit of a long wait but looking forward to a good read I think - not just now but for the next few years. This company seems to be in the right place at the right time and with the right products - it doesn't happen that often.
1N
BobbyAxlerod,
Thank you - I couldn't have put it better myself.
People email me almost 200 times a day - if I were to answer them I would get nothing done. Some of them are 'you haven't answered my email from this morning'. ' Or the same email from yesterday'.
When I look at the header it is something so very trivial they must have a decision tree for which corner of their lunch box to prise open first.
I get peoples dissatisfaction that the SP isn't a linear rise but that's not why I invested here. . . my view is exactly the same as BA - put some money in and by all means check from time to time but otherwise let it take it's time and leave them to get on with it. I am confident that I will still be here in 2 years from now and better off than if I had kept the money dwindling in a 'savings' account. Easy decision really isn't it. Find a good prospect and stick with it - I haven't got time to be trading in and out for small margins here and there.
Better to keep a look out for any information, news, write ups that give a more detailed picture of the progress of the business. One of my most accidental but advantageous reads on another company was in a discarded newspaper on plane!
Hopefully see most of the patient ones in 2 years for a 'review' then.
N
missgonads,
"i lead a very lavish life" Not by comparison to a lot in here!
"i dont have to come on here and gloat or waste my time with you lot" So please don't - just disappear. . . into the green septic tank. 'badumtiss'
N
Aspenwood,
Shame really as EP usually does OK on his choices. SP does seem very low currently compared to couple of years ago so I'm just standing on the sidelines but have dipped into EQT as that's a bargain although mostly I am in with everyone here at EUA - too exciting to be looking anywhere else!
N