Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
The brokers rate Hav alone for ggp with a sp of 33p.... so this is well oversold.
Probably explains why scally wasnt part of the Juri Juri JV.
Next Hav update next week back in the 30's - even i am tempted to average up now and i have bought any since jan 2018.
DGR1980 - wasnt comparing NM EG and NC HAV.. this is a discussion around why Scally results are late.... only putting it out there.. the labs are backed up - but 2 years ago late results didnt result in the good news we had hoped!
Hope you are right... however the 2018 EG results were late and landed second week in jan and we know what happened then!!
The lack of communication shouldnt be concerning though - as they have already said the labs are backed up..
I dont post here very often - but found an old post i wrote back June 2018 - when the SP hit 1.5p:
"Back in Jan when I was several thousand up i was planning on getting the wife an F Pace when this hit 5p - that dream was shattered! I got her a Qashqai instead now"
At the current sp a lambo Urus wouldnt be out of the question (except she doesnt like the look of them!)
I've been in CARD for many years... my average is in the £ and starts with a 2 :(
Love the ramping but i cant see any return to normality in the sp until atleast this time next year - and even then i'll still be sporting a huge paper loss - but atleast if the divi's return I wont mind as much.
What a year its been... 90% of my stocks were wiped out due to Covid.... but my handful of mining stocks totally made up for them and some.... never dreamed hold for gold would would literally translate to the current highs the sp reached!
Heres to a better 2021 and more gold for everyone!
I have a punt in Wishbone.... but OP’s analogy makes no sense... for every 2p you make a bag - is irrelevant... everytime the GGp sp goes up 1.2p i make a bag..... its relative... today WSBN was up 7% GGP 3%.
If you bought £1000 at the start of the week in both you would be considerably up in WSBN.
I have no problems with those traders/ chasing rainbows... the market needs both buyers and sellers.
Simmol - i’ve been there before... an emotion has led to a reaction... and could have gone either way with GGP back then.... i’ve had stocks crash and i never cashed out and lost it all.
The day NM walked my Carillion holding - which i was adamant the govt would never let happen went bust.... doubly whammy for me - against better judgement i bought more GGP - and i got lucky!
Just checked mine first buy was July 2017 for 0.6p
Most expensive was oct 2017 2.35p
Once i got past the initial shock i got a few more after NM with my lowest purchase Feb 2018 0.5p.
Sitting on just over 5m shares which the 1-1.5p fluctuations which are happening at the moment are basically my annual salary!!
I'd say there are two approaches :
1) try and trade GGP - you may make a few quid along the way - but raise your bloodpressure doing so.
2) Just sit back and relax - zero stress and worry and in time you get to the same point as person 1 anyway!
Thanks yellow - The way its moving i' cant keep up anymore! Its like monopoly money now - its fluctuating by the thousands - when in the real world that money means a lot to me!
And today is the last school run until the new year!
ATB Yellow - and congrats to all the GGH holders to a merry Christmas and an even better new year!
I've been in SOLG since 2016 - considerbly reduced my holdings now compared to back in 2018 - however i only bought into GGP thanks to a cross ramp on SOLG back in 2017.
Today my GGP holiding has officially gone over 3000% - which is more than my SOLG ever managed even in its peak! Happy days!