Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Very interesting to note the proposed construction of a 440 km gas pipeline from Port Hedland to Telfer and the construction of a 160 MW gas-fired power station at Telfer. A 440 km gas pipeline is a fairly serious commitment!
I don't buy this mm's controlling the share price. As I understand it they make money on the spread and volume and don't tend to hold large amounts of a stock on the books. Happy to be corrected by someone with reliable knowledge of how mm's work.
CTB are you referring to grade smearing? If so the drill hole interval calculator at https://explorationinsights.com/drill-hole-interval-calculator/ illustrates your point very well. 18.25m @ 22.0g/t Au from 924m to 942.25m, including 1m @ 393g/t Au from 926m corresponds to a residual grade for the 17.25 m "sans nugget" of 0.49 g/t Au. So, a huge amount more drilling required, as we know from our experience with Havieron but it is encouraging IMHO.
Unimaginative, several 100 10% days would result in a share price in the trillions.
100 days at 10% = +13780%
200 days at 10% = 1.9 x10^8%
300 days at 10% = 2.6x10^12%
The power of exponential growth...........
Tigger, I don't know any different and its nice to hear your advisers' estimates. I found this the other day on https://www.smallcapinvestor.ca/post/a-beginner-s-guide-to-junior-mining-stocks and I'm confident Option 1 is not going to happen and Options (2) and (3) seem quite good to me so I'm patiently holding on to every GGP share I have and topping up occasionally. I have no control over what happens and if I'm not happy I could sell.
The Endgame
In the long run, there are really only three possible outcomes for a junior mining company.
1) Most common is a failure, which leaves a hole in everyone's pocket, including that of the banks and investors. It is often said that only 1 in 1000 junior mining companies actually goes on to become an operating, producing mine.
2) The second fate occurs when a junior has enough success to justify a major paying a decent premium to gobble it up, leading to decent returns all around.
3) In the third and most rare fate, a junior finds a large deposit of a mineral that the market wants a lot of – it is a magical combination of the right deposit at the right time. When this happens, juniors can return more in a few days than a major will return in years.
- SmallCapInvestor
No it isn't - you're here to disrupt, attract attention, force the price down but you aren't here as a genuine shareholder or someone who is interested in buying shares. The sheer volume of posts over the loast few days tells me that. There should be a daily limit on the number of postings allowed by a forum member and the moderators need to be more proactive in preventing someone like you from clogging up and ruining the bb.