RE: Greatland Gold has had a storming run on positive news flow26 Nov 2020 07:45
Another contradictory article on Greatland Gold - first of all says the price is high and investors should wait for some of the heat to come out of it.
"It has great assets, however we think there may be better entry opportunities for the shares in the future, particularly with some of the recent strength in the gold price waning of late. Mindful of that, we think this is one to add to your watchlists and buy when some of the heat has come out of the stock."
Then further on discusses the near term catalysts of Scallywag results & Havieron MRE.
"Speaking to Shares, Greatland Gold’s chief executive Gervaise Heddle unsurprisingly insists there is still a lot of shareholder value to be created, with ‘a lot of potential upside’ to come from Havieron, and that’s before touching on the other promising targets which are showing potential.
"Berenberg highlights this as another key to the investment case for Greatland Gold and says: ‘Deposits such as Havieron and Telfer do not occur in isolation so we believe that it is likely that other economic deposits could be found in the region as the company works through the list of geophysical targets for follow-up. The discovery of a second Havieron-style deposit or similar would be transformational for the shares.’
More immediately, the analysts see a maiden resource estimate for Havieron as being a catalyst, something which is due before the end of 2020."
Bloody journalists - covering their ar*es no matter what happens,
ATB - Paddy
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