Ggp - giant asset monster rise coming30 Mar 2020 09:01
Here’s some facts for ggp we know and now we are entering the news round period we can expect this to be even better now :))
1. we had a 5.5moz /6p conservative resource estimate from December data we’ve done 10000 meters more drilling - I now believe this to be nearly 12moz resource as Newcrest have fast tracked Havieron from 4 to 8 rigs
2. We have still 20000 meters more drilling which paddy has show they are doing many more steps outs
3. We haven’t yet started on the nw region which could yield even higher results
4. Newcrest have promoted this more since January in all their major presentations and to Institutions
5. Newcrest speeding up to phase 3 or even started it with just official announcement waiting
6. Spending advance budget of 25m
7. Global shortage of gold means that anything we discover will be worth even more - meaning a higher goodwill premium on a buyout imo
8. Other licences such as kraken and scelleywag GH has admitted they Have very similar geographical properties to Havieron meaning we could be having major major mor me Gold finds here
The biggest tell tell Of how big an asset we got is the way Newcrest have promoted it - With tefler dying a slow death they need a new major Resource to shape the future of the company and only something with 20,000,000 ounces plus will be able to suffice and satisfy shareholders which they’re trying to appease as they’re listed company.
The would be advertising and highlighting Haverion esp to their institutional investors such as ubs if that wasn’t the case.
Coupled with the speed they are doing the work and bringing forward the money I see this as a global major find (as highlighted in several Reports and publications since January and as recent as last week)
we are in for a huge rise here - and totally undervalued and we’re the only company with pure upside.
I foresee imo a buyout at major levels ie 25p+
And I’m hold for gold all day and night long
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