RE: +8.1%27 Nov 2020 13:40
And what about Goliath ?
an old post:
Bamps21
Posts: 2,631
Price: 27.00
Strong Buy
AssetsToday 19:30
Just a reminder of what Ggp has:-
Assets always speak louder than words, they don't go away.
Gold came to earth some 4.3bn years ago it's taken Ggp just less than 3 years to find it at Havieron. 13+m oz of the stuff and there looks like a lot more on their 2 NW trending assets.
Asset Highlights:-
Havieron :- Multi million oz gold find and large amounts of copper, cobalt etc
Scallywag:- 4/5 priority targets
Kraken a Havieron lookalike
Blackbeard a large anomaly with high grade copper surveys
Blackhills:-
4/5 targets
Saddle Reefs:- a large gold anomaly increased length to 1400m rising at the surface at NW end. Early open pit mining feasible.
Paterson Range East:-
Where do I start - 19/20 targets
Extensive MMI survey
Goliath a high priority Havieron lookalike 4 times the size of Havieron.
Panorama:-
Huge cobalt anomaly 200 square kilometres probably the largest in Australia.
Extensive Paleo-placer gold field suitable for gravity circuit processing
Warrentina and Firetower:- Both are 1m oz gold finds and may be ready for sale
Ernest Giles :- 2 large areas , Ggp drilling has only targeted priority targets leaving huge areas to explore.
2x5m oz targets identified plus numerous camps of 1m oz
A large nickel anomaly at Carnegie
Bromus:- Early drilling nickel/zinc anomaly, very under explored
Rudall :- Early stage gold prospect
They have so many options but they are using funds wisely and targeting what they believe are Tier 1 assets.
The latest drilling is at Kraken, London, then on to Goliath and then back to Parlay.
If they've kept to their aims of targeting possible Tier 1 assets does that mean these 4 are possibles, it looks like it certainly Goliath and maybe Kraken and London together.
Parlay I think is a NCM request as it's partially sat over the border onto jv with Antipa.
The assets are a huge sp driver but political manoeuvres may propel it.
I don't believe NCM will buy us out I think they will see more value in a 10-20% stake and then others will jump in.
he key takeaway for me about this stock is:
3 Havierons:
Havieron :- Multi million oz gold find and large amounts of copper, cobalt etc
Goliath: a high priority Havieron lookalike 4 times the size of Havieron
Kraken: a Havieron lookalike