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Looks like Rio are on the prowl and it wouldn’t surprise me if they set their sights on Newcrest.

https://www.australianmining.com.au/news/rio-tinto-eyes-ma-opportunities-amid-covid-19-uncertainties/

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Even Warren Buffet would be stumped trying to work out what goes on with the share prices on AIM!

They could quite easily have been buys so nowadays i just ignore buys or sells cos it winds me up the way they are manipulated.

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If you want to skip to the best bit start watching at 10 mins

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https://youtu.be/vubsc3oIdJk

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Once we get this takeover out of the way i reckon we’re on our way to 3p.

I don’t understand why some think we’ll be getting dilution.

It’s an obstacle we need to clear and once done there will be no stopping us!

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A good article explaining drill results etc

https://www.businessinsider.com/drill-results-for-gold-precious-metals-explained-2012-7?r=US&IR=T

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Printing money is basically legalised theft.

The banks take a cut of all the new currency they create So before it even springs into existence it has already lost some of it’s value.

I read the other day that the fed are adding 3 trillion dollars On top of all the bailouts that have taken place since 2008.

Gold and silver are the safe havens In times like this.

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When central banks around the world start printing currency like it’s going out of fashion gold prices rise.

Currency is just bits of paper that have no value whereas gold that was first used as money thousands of years ago still has great value today.

The amount of currency that has been added is astronomical which is why gold is expected to hit $3000 oz and probably it will go a lot higher.

You can not print gold!

I know which one i would prefer to have!

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https://www.newcrest.com/sites/default/files/2020-05/200508_Newcrest%20prices%20US%241.15%20billion%20bond%20issuances%20and%20commences%20repurchase%20-%20Market%20Release.pdf

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We have one of the biggest gold miners in the world paying for all the exploration here where at sirius all the PIs had to foot the bill and the big miner walked off with it all.

Massive difference and we have a lot more than just one project here.

If you are worried i’d say put your money in the bank and move on.

You should have been here in the early days long before Newcrest arrived!

In those days it was really risky putting your money into but we all did our research And we believed we were onto a winner but we still needed a large slice of luck!

Good luck whatever you decide to do.

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Some fabulous info on the greatland website has been added since i last went on there.

Well worth taking a look at what we have got here.

The potential is mind blowing!

https://greatlandgold.com/paterson/

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$1billion placement

https://hotcopper.com.au/threads/ann-newcrest-successfully-completes-a-1-0bn-placement.5374480/?source=email

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This statement Is the highlight For me.

Newcrest planning approximately 80,000 metres of drilling at Havieron over the 12 months commencing 1 July 2020.

7 sets of outstanding results and then they announce a further 80,000 metres of drilling!

That drilling does not come cheap!

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All the indications are showing that Havieron is bigger than telfer.

Telfer 30m oz

Sooner or later the market will wake up to this.

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Good luck for tonight everybody.

Special thanks to Paddy

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https://www.newcrest.com/investor-centre/key-dates-agm

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I’ll be showing off when we hit 2p!

You ain’t seen nothing yet!

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Between myself and my daughter we have 1.5m if somebody is compiling a list?

Already in profit and got a good feeling about infra!

I’ve decided i’m holding for the long term.

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All the problems that Newcrest have got right now are all outside Australia so that will put a lot more emphasis on securing Havieron.

Promorus think that Newcrest will buy us out within the next 8-9 weeks and i wouldn’t be surprised if that happens.

They have loaded up with cash for a reason.

Watch this space!

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Here is a post i wrote when the share price was 1.6p.

somebody was asking whether they should invest or not.

“Think of greatland gold as a 3yr fixed ISA if you are investing buy your shares while they are so cheap, sit back ,ignore all the crap and wait for Newcrest to go through all the stages up until they acquire 70% and we have a definite resource estimate.

My guess is you will be happy at the outcome!

Patience is key here if you have none then do not bother with a mining exploration company is my advice.“

I would still give the same advice right now!

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