Member Info for aim999

Maybe Newmont should put Hav on care and maintenance. Will allow GGP to exit the game by running out of cash and a serious buyer to pick up the pieces. I’m sure Evolution could do that and have the cash to pay newmont in cash for a clean transaction.

Seems like nothing much going on here……usual ramping, no movement in the SP, same old bamps.

Maybe cash bonanza that Evolution ( and other Aussie producers ) are having with the price of gold and unhedged production will lead them to pick this up from Newmont. Be a nice payday for that huge Greatland board with that outcome. Just a thought

I love the idea of a shareholder help service …… real innovation in the over valued stock space

Was it Bamps idea? Whatever, credit where it’s due

Don’t worry I’m very well versed on the Aussie mining sector

Bamps could set up aussie GGP help maybe? Just a thought

Haven’t listed there…… the punters won’t pay over the odds

Spartan have a new brand new mill & own 100%

So not a good comparison

GGP have no milk and only own 30% ( also don’t have control of the project )

So many better opportunities on the ASX than over priced GGP. That’s why they have listed there

Every time I look the price of gold goes up and GGP goes down. Maybe I’m correct and this has been pumped to hell and now the hot air is deflating. Calm down paddy and Bamps, let the hot air go

Can this go any lower? As Bamps or paddy…….Maybe we need more satellite exploration photos or amateur mine designs. Come on Bamps

GGP seems to have an inverse correlation to the GOLD price at the moment. Now in the 5’s

Where is Paddy and Bamps? Pump, pump. More satellite pics and analysis guys

Maybe the sell off is concerns about a hugely discounted capital raise on the ASX. Who know how discounted they will go? If they go? At least their salaries don’t get discounted after equity raise, only the equity holders ( directors share options can get reissued and cash salaries come every month).

At some point this is worth a punt, but at what price?

GGP still looks expensive when valued at AUD$1.9 bn on 100% basis. Slightly more than gold road who own 50% of producing tier1 mine Gruyère and own 20% De Grey ( and a $150m in cash, and generating loads more cash as unhedged). Or look at Bellevue or De Grey about $2.3bn and they are both 100% in control . No way GGP should be valued at current price ( shortly there should be a premium for control and a discount for only holding a minority share )

Worth a look at the field, the other runners and riders are doing well. A non controlling interest in an exploration/development project is always going to be risky, especially if they have no money ….. this is going down for a reason while everything else is going up. It’s not by chance.

Yes, quite noticeable his absence. I also don’t see paddy posting. Probably lying low as they have clearly been pushing people to back the wrong horse. At least they got the gold sector right. Many gold stocks have doubled or significantly up and the rally is only just getting going, so still time to switch horse. ( maybe that’s where Bamps has gone - checking out the other horses in the field )

Northern Star have a history of buying assets on the cheap. That’s how they grew from a penny stock

Northern star looking at telfer if they bid for de grey. They have been seen there on a site visit

https://www.theaustralian.com.au/subscribe/news/1/?sourceCode=TAWEB_WRE170_a_GGL&dest=https%3A%2F%2Fwww.theaustralian.com.au%2Fbusiness%2Fdataroom%2Fwestgold-wheels-and-deals-for-22bn-karora-resources-merger%2Fnews-story%2F3404de4cb5c44cb492530be4be28067d&memtype=anonymous&mode=premium&v21=GROUPA-Segment-2-NOSCORE&V21spcbehaviour=append

You have to question why this is tanking in such a crazy strong gold price environment……everything else in the gold space is flying

It’s always a sh;t show on here when the SP tanks

Don’t catch a falling knife

Leave that to Bamps and paddy

Maybe another ‘Town Hall’ is required to appease the angry mob with their pitchforks.

The market always finds fair value…..eventually