Member Info for Boldicus

I've sold part of my small position, just at a nice profit with the intention to buy back in if share drifts off due to delay in news.

it could work! I could get profit and get back in at my entry point towards 1.3p or I could have to buy back in higher.

But as we all know as soon as you sell your shares they go up lol...

I'm in that with you, GGP, SRB and HOC.

HOC and SRB seem to be heavily affected more by silver price.

GGP seems to be very stable and games played on ASX... honestly do not think there's any rush to load up GGP as atm they seem to be purposely holding it around £3.50 - £4 but, with us hitting new highs on gold and silver if its maintained that could change. ..

I top sliced 5% on a few shares lol and it all rose hard the following day, classic market

Guys!

This company was never going to explode anytime soon, We get 10% of the profits from Philippines mining venture. That's not even completed yet!

We are waiting for FCA approval, that takes time and also lets be real everywhere is going to be in chill mode throughout December...

for example my work place starts a Change freeze in December all places will its only going to be admin for that entire month and keeping everything running.

We are still waiting for the challenge for the TMUP in Korea again this takes time, Bitcoin dropping is good for us, why would you want to buy bitcoin at $100k? with the £2m mentioned that would be just under 20 bitcoin....

As long as BMV can tick over, I have 0 concerns. All parties involved are stuck at +2p share price. I'm in at 1.35p,

I'd LOVE for us to get approval and buy bitcoin at these low prices/ lower prices it was $41k... It's March to June that if we get no good updates I'd be worried.

Not towards the holiday season when everyone is selling to buy trash.

Around that same sort of time, do you remember it was suspected that BTs company provided poor kit to reduce the price and attempt to take private.

I mean 450% Cannot argue with those number Well Played! Good Luck with future investments.

Yeah, But HOC is having issues with Maria Rosa atm which has affected output and dropped its value sub £4... Either way Lets just hope gold continues sideways above 4k oz for the year.

Still got plenty of time and we are due a update regarding the Korean Mine in December about the legal challenge. Due to the rejection of the TMUP, I honestly wouldn't be worrying about this.

However you should understand that it is NOT A QUICK TURN AROUND!

Wow Shanta Gold looks disappointing in that aspect basically doesn't move then takeover. I'm curious now then, what would you advise to monitor/avoid that situation.

As we are all aware we are going into a continued Bull Market for gold and there will be lots more takeovers... which is fine! but I don't want to have capital stuck with no progress/dividend just for the CEO to sell.... if I can help it...

I've just started comparing more and more the quality of the RNSs as I'm looking around and the difference is head and shoulders in quality from companies that seem to not care to others that give solid data.

Thank you I'll have a look into those and form my own opinions. booboouberbear MTL seems like it could be at the beginning of following SRB to £1+ after looking at their gold produced and costs.

atm it is saying they aren't profitable, but it seems to be due to their investments in the projects and previous debt.

I'm curious who are other Gold miners you guys are looking into?

The one's I've looking into are:

GGP, SRB, HOC, PAF, MTL

Part of me considers trying to trade this to recover my losses then close my position lol. But I'd probably still lose out so naaaaa.

@nap, no I didnt my mistake cannot edit my post.

@MH01, at what point do you decide use your financials to expand your company. if you decide that $1 billion AUS, isn't enough CAPEX.....

$750m AUS in the bank, with growth of $150m(AUS) per quarter. 0 Debt, GGP is a thing of beauty!

GGP doesn't have the data to get on JGDX and GDX. We have not been producing long enough and we won't appear on certain investors radars due to a lack of data.

We produced our 1st quarter in December 2024. I think if I just read the RNSs correctly...

We will continue to get investor interest and exposure with consistent output and cash growth. At this rate summer next year GGP will be sitting on $1 billion AUS, just imagine the headlines of investor articles it will be beautiful.

Even if they announced a crappy quarter and this dropped £1.50 from this position. They will still be sitting on vast capital, So nothing to be concerned about. Just keep buying the dips, remember Telfer was meant to be a dying mine... and we were expecting to have a gap where there was 0 income until Harverion came online.

I think by summer 2026, there will be a whole new crowd of people joining GGP after consistent data.

What I am curious about is what do they do with that money once they hit $1 Billion AUS. Do they buy other mines / shares in other companies / dividends or something else.

LMAO! WTF! dropped 7% already where's my money to buy more! I need money!!!! as if anyone should be worried about a company that made $170m net profit in a quarter!

What a fantastic way to all me to increase my position.

CyberMonkey - Completely agree, I've started comparing GRL to gold explorers such as KEFI and CGNR. They have 0 gold produced and are not running a mining operation yet. Their share price is 1.45p and 12p... Yet they have 0 operational cash flow... They will have to obtain debt and their share price will fall...

GRL on the other hand has the debt and is producing gold... We need capital, consistent output growth and time, I do believe AIM will give us that time and hopefully additional capital for that growth... But the time is what concerns people as I said I highly doubt that AIM will take control. they could of done that 2024...

But they are going to slap us with extra interest.

Not a problem HarChris I request you is continue posting balanced opinions on any shares you take interest in GRL included as I always read what you have to say here.

These Forums can easily become a echo chamber and manipulated. People who are willing to provide a input that may go against the grain or challenge peoples points of view can always be useful especially when that information is reasonable.

For every 1 person posting something there could be 10 - 100 people considering investing money into something based of multiple opinions stating it's going to the moon.

They shouldn't but people do...

Exactly, However they will definitely leave it till the last minute to announce... Some Hype up news coming at some point increase 10% - 35% Then a gradual drift back to 0.45p or lower.

Then more news good/bad and end year the same as before or worst case scenario BUST...

Harchris, he has been crystal clear with his opinions if you go back further you can see he was excited at the GRL potential March/April time(I think). However he consistently stated it needed to happen within a certain time frame.

Which to GRL holders detriment, GRL failed at hitting those targets. He's probably still here to see what happens and if the call he made was right or not. If they recover/obtain more time and buy back in.

A lot of us who hold/have held GRL, have consistently gone through the Hype/potential to bad/failures consistently.

I personally have twice, but I'm still here because of that potential! I honestly expect dilution and increased debt with additional time provided. However I do not see this gold price as something that is going to fall back to LOWER prices. the price of $3000+ dollars is here to stay and I do believe were looking at $5000 December 2026 or sooner.

Either way continued growth/holding of that gold price is fantastic for gold and keeps GRL alive!

If we get a smoke and mirrors RNS, then we stay at 0.45p if we get 500oz RNS for a months worth of gold mined we will rise. I suspect we will be somewhere in between with GRL trying to play it off as better than it is and then price drifts off lower again to have AIM agreement renegotiated December 20th 2025...

I might try and play that game with my money depending on what the RNS states... I might continue to hold at 50% loss of 0.8p

That's what I'm leaning towards, I'm curious what the rollover costs will be though?

Any opinions or idea's?