Any company looking for a listing by way of hosting a cash shell will inevitably look to the viability, integrity and expertise of the current BoD and the major shareholders track record. Antos has a superb investing background an much experience in company start-ups but never managed to secure a listing. With our current BoD taking us to a name change new company...i do believe Antos has played a trump card with his enormous stake. He obviously foresees ultimate success?
Greatland Gold interview: Finding the mother lode by Lee Wild from interactive investor | 26th September 2018 14:17 It's already struck gold, but now Greatland Gold needs to prove how large the find is. Chief executive Gervaise Heddle tells Lee Wild how he hopes the story will unfold.
Behind every mining company there's a great story. They know where the prize is, just not how much or how good it is. Trick for investors is to spot a great prospect with a better than evens chance of finding the mother lode. Not easy.
Far easier is to be seduced by the story, and Greatland Gold's chief executive Gervaise Heddle has a good one.
Greatland has been around on AIM for a decade or more, delivering the odd spike in share price penny share fans love. They'd not traded above 1p for over five years until last October when a flurry of activity quadrupled the price to a peak of 2.44p.
Within months, however, they were back near half a penny. A similar thing happened in June, although this time there's been enough interest to keep the shares above a whole penny and the market capitalisation at around £37 million.
That's largely down to progress at Greatland's two 100%-owned licences - Havieron and Black Hills - in the remote Paterson region of Western Australia. A second drilling campaign at Havieron began a few weeks ago, following a first round in the spring that established the presence of a zone of high grade mineralisation
Newcrest — Australia's leading gold producer and one of the world’s largest gold miners — said it was "more and more evident" that the Paterson region is highly prospective for under-cover discoveries, highlighting the value of still having infrastructure in the region.
I’m interested to know what happens to all of the material from the drill holes? Do the refine it and use it for the Christmas party? -------------------------------------------------- Good point. Maybe if there are sufficient deposits then why not. Or the drill deposits could simply be stack piled for later reprocessing. I vaguely remember 12 yrs back a small company in Africa buying the rights to a lead/zinc clinker stockpiled from a disused mine. Can't remember the name *began with a B* All i remember is the shares 10 bagging in 24 hrs from 0.3p to 3p. So one would imagine there could be value from the clinker in Hav drill deposits?