RE: GGP Trauma5 Aug 2021 09:24
Strange one at GGP. Honeymoon period seems well and truly over, I hold too. It can be a very fickle place the AIM at times. A lot of investors temporarily backing the winner in the midst of huge success.
The flippers are out and it plows on. Delivering world class grades at Havieron whilst exploring its additional options within Paterson. If they strike on the Juri JV, I think you’ll see a lot over movement over there, and I mean a lot. Until then, who knows.
Cora has it all for me. Some investors turn their noses at Cora and invest elsewhere in “safe jurisdictions” waiting 6 weeks for a “0.4m@17g/t” highlight hit. Not knocking those who use the jurisdiction factor as a Golden rule, each to their own. But on a personal basis it’s all about the project. You can run a company as well as you want, but if you don’t have the Gold or resources to build a future, it’s going nowhere.
We have 265,000 oz inferred resource
£4m in the bank
$21 term sheet signed for next year for construction
On the verge of competing 35,000m! Of drilling
Hitting world class intercepts:
19m@31g/t
49m@15g/t
32m@7g/t
New high grade zones being discovered
20,000m to be reported over the next 2 months
Followed by a resource outside and a 2021 feasibility submission
Current resource all within 100m of surface on shallow oxides (free digging to fast cash flow return, limited to no rock crushing involved)
I know where I’d rather be. Im leveraged in numerous companies throughout with AIM and have high hopes for a lot of them. I don’t see near to mid term growth at a level as I do here. It’s a brilliant company and well done to all holders.
More assays imminent. I think with the Selin DD and follow up on Zone A&C to come, the best is yet to come.
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