Member Info for addicknt

On a serious note, it shows how much demand there is from the market makers for the shares. They know what their task will be over the coming days and they need to be ready.

Jerry, ha, ha. You know my views on that. I shall continue to hold both and when GGP reaches a quid you can provide me with a beer...in your Lear jet.

a reasonable seven figure holding here (not in Jerry's league) and have just tried a dummy sell.
For the first ever, in any share I've owned, I was given a price for the full amount in a single transaction.

theitalian, wrong. The right of first refusal doesn't relate to the corporate entity of CGP. You've been around long enough to know that.

DBW, thanks for that. Pity they didn't make it clear in the first place.

Jerry, agreed and once I cash in some of GGP chips I'll be buying some more here. Perhaps fair was the wrong choice of word, but I think you understand my point.

Let's hope so Max. Sometimes it's easy to forget the sheer scale of what we're sitting on and in truth, the company hasn't been very successful in getting the message out.
I have no wish to re-ignite the SOLG vs GGP argument, but the comparison between the two companies in terms of market perception is simply vast. Unfairly so, in my opinion.

iceberg, apologies.

iceberg, who said I wasn't excited? And I don't need lectures from you about what I should invest in.

iceberg, I'm not looking for conspiracies, in fact, far from it. I want clarity.

iceberg, if you say so. Are you saying they started drilling yesterday, got the results and issued an RNS immediately? Or am I misunderstanding you?

Quady, yes, yet more scope for the conspiracy theories we all love so much!
Just to add to the pot, as if by magic, an RNS appears this morning. I bet they've been sitting on it for a while, so why issue it now? Distraction?
Sometimes CEOs can try too hard to be clever.

Heaven knows how you make money, as you don't even appear to have a grasp of the basics. Do you honestly think folk on here don't understand what a consolidation is? Sadly, all you've achieved is to confirm the view of most of us that you are a total eejit.

Quady, I think that's where I was getting to. But why would we not use the most accurate information, particularly as it would appear to be better? A complete mystery. Did CGP have a hand in this? And to what end?
I confess, I hate it when companies issue such opaque information.
And yes, I think we can anticipate a delay to the PFS. Quelle surprise!

Not being a geologist, nor being of a technical bent, I confess I really don't understand this announcement. Various posters have attempted explanations, but I'm not sure it's been nailed down.
Is it good or bad news? Why were the mistakes made? What is the impact? Why has it taken so long to emerge? Who alerted the authorities, or are we to believe they've spent all this time poring over our documents? (seems very unlikely to me)
I know mining companies have to issue technical detail, but I wish they'd also provide a translation into layman's terms so that us ordinary shareholders could actually understand what we are being told.
Of course, it could just be that I'm being really thick and everyone else knows exactly what's what.

MiningPig, thanks for that. Do you think this implies the key assumptions that were to be used in the PFS have been undermined?
Does anyone think this info is what CGP wete referring to when they claimed NM was witholding price sensitive news?

I ticked you up, Quady. But it was only a sympathy vote.

Yes, schlemiel, but you remain in considerable profit from GGP - which isn't to be sniffed at. Our time will come here and I'm sure you won't regret your decision.

MDC1, thanks for the replies. Not sure I'm any the wiser, though. During my time in the City I didn't have any cause to deal with market makers; we simply gave instructions to brokers and told them to deliver the goods. I still find the dark arts of their trade a mystery.

stuart, yes, I recognise that, but my question was really about the tactics market makers will employ to satisfy the demand.