Member Info for Bamps21

Well this is my theory at what's happened at Havieron
Back in time you have to imagine this area being under sea with a lot of volcanic activity about and tectonic plate movement.
A crack appeared in the sea floor caused by plates moving apart ( Arcuate zone), in this instance a crescent shape. Sea water entering the crack would be exposed to high thermal temperatures forcing it to rise taking with it rocks which would have been eroded forming Breccias. These Breccias coming from deep in the crust would be mineral rich and when small enough spat out from the crack. Some of the Breccias would have been moved by tidal currents forming the crescent arms and filling holes (new zone) , these arms may or may not meet up.
At some point the Breccias would have filled the crack and under extreme heat formed the high grade zone.
The Post Mineral Dyke is a later earth movement after the earth body was formed.
Only my theory of course but I also feel the Arcuate zone is heading towards Scallywag:))))

Using their latest figures of the sulphide zone
Top high grade zone = 2,530,000 cubic metres
Middle zone = 1.6m
Lower = 0.8m
Total 4.93 m cubic metres
A conservative $100 per ton in the ground
= c $400m for Ggp
That's without the Breccias or the new zone.
This share hasn't started yet :))

Leapfrog Edge is a powerful software system helping geologists modelling ore bodies.
Explained on Seequent.com
I hadn't realised that high grade copper zone was near the top of the ore body , from the drill reports I assumed copper was lower down :))
It still looks to me that the SW is the Decline survey exploration

Hi Nige, Tom
Think it was Prince Harry he was on about or it could have been his hoddy:))

Hi MM
At my time of life a mining company emerging from exploration is just going to take too long for me and the costs are enormous. Ggp with the free ride towards mining has just been an exceptional investment.
JLP don't mine, Glencore are amazed what's happening at their old Sable Refinery. It's in the most polluted town in Africa- Kabwe so let's hope they can do some good

Hi earthling
I wouldn't try to look for another Ggp, it's been nearly 40 years of share investing for me and Ggp is just extraordinary . If/when this is over it will be a big deflation.

What I am keeping my eyes open for is a company that may do some good for the future and the nearest I can see is JLP. They've got into a niche market of cleaning up other miners tailings, there process can produce from the smallest of particles. It's been a long time to get to profit but next 3 years should all be one way.
Question I have with Telfer is what happens with their tailings, I've read their process is over 90% efficient which means there's 10% of a vast tonnage with materials unrecovered

On opentext.ca physical geology I've been looking at the economic grades of certain metals
Copper
In normal soil samples 10ppm
Typical Economic grades 10,000ppm
Gold
0.003ppm
6ppm
Nickel
25ppm
20,000ppm
Lead
10ppm
50,000ppm
Silver
0.1ppm
1,000ppm

In 2018 the Scallywag MMI survey results displayed discrete elevated MMI responses of gold, silver,arsenic and copper over the western area with a strike length of 6km.
silver 8ppb
copper 2750ppb
gold 0.4ppb
arsenic 50ppb
Lead 240ppb

These results on some areas of Scallywag are similar to the MMI sampling seen at Havieron but don't reflect typical economic grades which will come with the drilling results.
In my mind I'm looking for drilling on the western side of Scallywag

Hi Ironman
According to Rightmove there is a mini boom at the moment but mortgage availability is not good and the boom is not expected to last.
Ben's post on Vistry shows though that social housing is booming and can't see it being long before the big boys cotton on and muscle in
ATB:))

Hi Nige
If you can get to Malvern you can have this Sony:)))

Pressure must be increasing on House Builders to recommence their divis with Vistry paying out 41p and also Henry Boot paying a divi.
Looks like Ben is doing ok with Vistry on Gallifords old social housing division

Hi Nige
I'm having troubles with Tv's at moment.
My 15 month old JVC out of warantee the screen gone black but got sound. On You tube they say change the main board which I have, still the same so now I've changed the power board , no good.
Decided to buy a higher priced Sony and the wife can't watch it with the picture perspective in her face and jumping.
Decided to buy a T con board for the JVC my last hope :((
Why can't we buy a TV turn it on and lasts for 20 years like in the 80s
Where did you get $1,000 for each set that average looks high to me.
ATB:))

Hi Skeletor
Well done on investment.
Like Nige I haven't any medical shares at the moment but made good profits when I was.
I got into Ggp at 0.6p before Tom and we were the only 2 for ages from here, thankfully in these troubled times others followed me and Tom, it's saved a lot of people's portfolio.
My only regret no one followed me into ITM, rights issue last Oct 40p and doubled my investment now bouncing around £3 absolutely astonishing and I've now got a pot trading their highs and lows very easy at moment.
Have a look for Jubilee Metals presentation on their website over the weekend- annual earnings from Zambia in 3 years time will be equal to today's Mcap.
Overall I haven't seen anything else at the moment but to be honest Ggp is so good I'm not really looking and I would say it's probably at SNGs Fridays position readying itself for take off.
All the best with your job hunting

Hi Paddy
$1,000 costs seems very high just looked at the top 10 lowest costs mines 2018 and the lowest is Polymetal at $425 , Kirkland Lakes - Fosterville mine is second at $442, Newmont is 6th at $505 in the US.
Apparently that year costs fell by 6%.
I know each mine is different so would need to take that into account.

Found it on mining.com

oops too many hics :))

Hi Nige
I do keep reading a lot of the covid stocks but I haven't invested again yet. Have bought more Ggp though.
I believe the Mosel flows into the Rhine, that was a fantastic wine tour I didn't expect the Germans to make good whites but they were. The Champagne district is centred around Reims to the N and E of Paris, that was another great trip hic:))

Hi Nige
I do keep reading a lot of the covid stocks but I haven't invested again yet. Have bought more Ggp though.
I believe the Mosel flows into the Rhine, that was a fantastic wine tour I didn't expect the Germans to make good whites but they were. The Champagne district is centred around Reims to the N and E of Paris, that was another great trip hic:))

After reading that link this morning by Hopefully I thought I would find out why Ggp are classed as a Cobalt explorer which took me to Panorama.
3 licenses with a swathe of surveys through the main corridor, lots of gold nuggets and geo chemistry results.
Results for Cobalt look very promising with analysis finding 50-70ppm. Normal soil samples contain about 8ppm.On Lenntech.com it gives a comprehensive study of cobalt and suggests can contain a maximum of 70ppm.

Looking at the gold at Panorama it seems there are 2 different gold deposits completely different to Havieron and the Arcuate zone which we have been getting used to.
Firstly there are Paleo-placers which are sedimentary deposits above basalt, these are gravels where the denser minerals are sorted by gravity and are at lower levels.
Secondly there are the Archean lode deposits which are formed after major earth movements and are influenced by fluids such as acids or volcanic temperatures.
I'm presuming here as the web pages I was looking at were very technical and bit above my knowledge but I think fluid gold migrated into faults, folds, traps forming pockets of gold seams.
I was looking at cloudfront.net
Panorama is another overlooked license with big potential:)))

I must admit I thought Daveri was having a pop at me being the next post after mine. Posters that have come here with me know that I got in at 0.6 and I have top sliced at 1.6 what a plonker :)) Sold all my Cerp shares and bought in here a couple of times around 12p and still really happy with that.
Ggp have a great deal of assets and just increased them. Every asset they have has potential to make a company I personally can't take it all in, as I keep researching it looks better and better.
I researched Cerp thoroughly and knew it inside out but didn't like the merger. I have to admit Ggp is far more intriguing I'm more than happy now.

Hi Nige glad to see you here :))

Oh forgot , on the web site they have increased the length of strike of Saddle Reef to 1400m and gold surface mineralisation
Roger anomaly to the East has a rock chip sample of 50g/t gold

Hi Hydrogen
I did a little post on the phrase Gossan the other day , it's where the bedrock has weathered leaving behind iron oxides,quartz and other minerals. Underneath is the unweathered metallic body. It's a clue to what's below.
The weathered rock has left gold etc in the surface layers.
On Ggp website they mention the rock chips found in Gossanous layers, I presume the geologists would have metal detectors like the Aussie Gold Hunters :))
I've read somewhere the largest nugget found in Australia took 4 men to put in the boot of a car , hope it wasn't on a GGP license