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From a 2017 paper called "1-share orders and trades"
Abstract
1-share trades are the most common odd lot trade size, accounting for 9.62% of all odd lot transactions and 3.65% of all trades on NASDAQ in 2012. While 50.41% of 1-share trades result from broken orders, 34.89% of 1-share trades are intentional. We provide substantial evidence that traders use 1-share trades to “ping” for hidden liquidity. In particular, our results indicate that 1-share trades are disproportionately aggressive and also execute against hidden liquidity more than any other odd lot trade size. We also find a relative increase in trading immediately following a 1-share trade. Our results are in line with Clark-Joseph (2014), who suggests that traders may use small, unprofitable trades to detect information from other traders. Specifically, 1-share trades represent the minimum cash outlay necessary to trade, while simultaneously producing the smallest possible effects on a market maker's inventory, and in turn, a security's price.
https://www.sciencedirect.com/science/article/abs/pii/S0378426616302035
Paul Arndt, an independent Non-Executive Director of Regis, was previously General Manager of the Telfer Gold Mine.
https://regisresources.com.au/about-us/our-leadership/paul-arndt/
I link this paragraph from the article.
"Other than the politics, there’s infrastructure to consider — find a Havieron next door to Telfer surrounded by road, rail, a port, power, water (perhaps too much) and that’s a different story to a similar gold deposit in the middle of the Botswana bush."
This is an interesting read from the Guardian in 2020 about a proposed project to construct a flywheel in Scotland to help stabilise grid frequency.
"Currently, the National Grid Electricity System Operator (ESO) is forced to shut down windfarms and run gas power stations even when there is more than enough renewable energy to meet Britain’s electricity demand, in order to keep the grid’s frequency steady."
https://www.theguardian.com/business/2020/jul/06/giant-flywheel-project-in-scotland-could-prevent-uk-blackouts-energy
An interesting read. Apologies if already posted.
https://www.mining.com/can-beaten-up-junior-miners-fight-illegal-short-selling/
A quick search of the internet shows that your chap is a lot older than his late 70s if he invented corrugated paper!
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When was corrugated paper invented?
1856
Corrugated – or pleated – paper was patented in England in 1856, and originally used as a liner in the manufacture of tall hats, but corrugated boxboard was not patented and used as a shipping material until 1871. The patent was issued to Albert Jones of New York City for single-sided corrugated board
Speedy, the thing that worries me is that although I have physical gold and silver and also too much of my portfolio invested in gold and silver related companies, if we get to the gold price some folk are talking about it will be a very tough world out there.
What you said Speedy but in more words!
"Ghastly expensive mess’: bond vigilantes return as deficits rise"
https://www.theguardian.com/business/2023/oct/26/ghastly-expensive-mess-bond-vigilantes-return-as-deficits-rise
The second to last bullet point in the summary made me laugh. We need flower power!
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Greatland Gold has:
* A ridiculously overqualified senior team
* Which is almost certainly scheming to gain 100% of Telfer/Havieron
* Joint Ventures with both the Newmont/Newcrest hybrid and Rio Tinto
* The prospect of a super-JV with Rio if they can’t get 100% of Havieron
* Masses of highly prospective exploratory tenure
* 30% of Havieron, which will imminently deliver an updated MRE and then DFS
* That 30% can be valued at anywhere from circa $150 million to $1.7 billion+. Seriously
* A banking syndicate happy to lend $220 million
* Wyloo flower power
* A plan to launch an ASX listing, massively improving liquidity and access to a senior investor base
This is the freely available summary page for GGP from his site goldstockdata.com.
https://www.goldstockdata.com/company/835-Greatland-Gold-Plc.html
Yet another one pops out of the woodwork and will doubtless clog up the board for the next few days with drivel until the moderators belatedly put a stop to it. Straight in green bin.