The next focusIR Investor Webinar takes places on 14th May with guest speakers from Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register here.
Wouldn’t it be nice to hear NCM mention about bringing independent assessors in so they can get their 5% at fair market value?!?! Now that would have a big impact tomorrow!!!! I know… getting very carried away…. But it’s coming! When? I have no idea, but surely it’s in their best interest whilst we are cheap.
My view and it’s probably wrong, but the usual sell off after news is going to change. Now we have a PFS on a minute percentage of a small percentage of the resource and we get closer to ore body I think more people will start to take positions. I think it’s going to be harder and riskier to trade this as it will inevitably just build on the resources already identified. Here hoping for the 2nd upward momentum of the lassonde curve… remember this is not the same as a normal discovery, we already have the facilities and expertise nearby. GLA
Seriously well impressed with the interviews recently and especially getting the insight from the commodity discovery award. It also kind of explains the share price drop off from 37p when they were profit taking from 1.29p territory …. But they’ve clearly still got a substantial holding and also looking for more. Must watch for any newbies… watch the last 5-10 minutes https://twitter.com/share_talk/status/1448647259852197893?s=10
Just wondering from anyone in know. As stated here by a few, most ii’s will have been unable, by their own rules, to buy Ggp until there is a PFS or FS. Now we have the 1st stage PFS, some that will be watching May start buying, how quick to trigger are they? I’m curious if they could be agile enough to start buying timidity’s thing? Thoughts most welcome.
Great to see. For the questions about why 25% yesterday and the swing back to positive outlook, bear in mind this stock has been getting played both ways.. especially since having to await news and more specifically the PFS. So this acknowledgement that it’s Monday/Tuesday and not later on in year has caught a few people out, those people are closing shorts and switching the long plays/people are now coming back now we are back in favour. This is my opinion and still a way to go before can confirm it’s a trend but I’m actually chuffed a called a change last week I think
Personally my view is that we’ll now start seeing the ramp up as we get closer to the 6 weekly result and people start coming back for the 10-20% (so 19-20p). After that…well, history shows it’s sell off time to buy back cheaper. The problem with using that strategy is that now we are getting closer by the hour/day/meter to more substantial news which will eventually return this stock back to sensible land. My theory is that this has been getting shorted all year by the same IIs and professional investors playing the game with news…. My point is that when they lose that appetite (I.e the likelihood of positive news out of left field increases the risk of a short), they will shift to long position and from that will come the strong upward trajectory in share price. That day is getting closer and could come by the next update, if not then certainly not far after. Just my thoughts