Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
Hi Paddy, regarding this new tenement do you know (or anyone else) if this has ever been drilled or the extent of surveys conducted in the past? What has convinced GGP to make a move for this, despite comments released in the media? Is there compelling evidence or indication of mineral resources being there? It looks to me that GGP have not had to pay too much for this tenement. It is clearly in a very good strategic location. So is it speculative or can we reveal what they perhaps know but are not revealing what they know? thanks
Hi to all, Regarding the reference of Pascalle being adjacent to Canning - I dont think it is.
I have copied the presentation from Scandivanadium and the announcement document from Greatland regarding the canning application.
https://greatlandgold.com/wp-content/uploads/2017/03/New-Licence-Application-Paterson-20210218.pdf
https://cf8c9456-7a00-4485-958e-b392977d7ffd.filesusr.com/ugd/0bbab3_008f968c6a0b4d3fa50b2bc773b18cdd.pdf
If you search through Pascalle appears to be 20km to the South west of Haveiron and Canning is to the south east. I note these are not exact reference maps but they do show a significant difference. I note Paddy G questioned the location in the trail above, at the time of the canning announcement you beat me to the post with your map search from the Australian government mines website - I struggled with that site and could not get a clear output, however the canning site from memory was to the south east of Haveiron. If Pascalle is another new site and this is genuine it shows that GGP is not resting on its Laurels. The current news and potential of Haveiron plus drilling in Paterson especially Goliath etc is very exciting news - The recent helpful overview of Haveiron is a very strong indication of the potential resource we have. Keep patient and stay invested is my view as we have a long way to go. I have been in GGP since August 2017, I think we have a few years to go just yet, however comparing GGP to a few other explorers who became miners tells me that the rewards here are going to be significant. So lets keep sharing and supporting - all the best to all.
Bamps and Bottle - thank you both for a very helpful overview of the information in the presentation especially the extent of Haveiron but also the other targets, Goliath, Panorama. The share price movements can be a real distraction, but the potential of these projects provides lots of confidence to hold those shares - or get some more. Thanks again
Hi Zoros,
An excellent post that sums up perfectly the potential, of this investment, that surely will come to fruition in due course. I note the point regarding regional good news added on. This is where further potential and rewards will bear fruit. Previous predictions and comments declared that should this happen it would "transform" the share price. It is a matter of time. GLA.
Hi Mercedesman,
I also review every day the posts here. I agree with your comments that the quality of the content is now more difficult to see, well said sir! I also sympathise with your recent trades the smaller companies can be very tricky - some of the smaller miners / exploration companies can rise rapidly and then they "spike". I have seen numerous examples go up and I have been mistaken into thinking they may perform in the way GGP have in the last year . Some have actually done better or at least as good as GGP depending upon when you invested etc, but my experiences are that they spike up and then fall back and frustratingly stay where they are. Had I have sold when I had a 3 or 4 bagger I could then have then gone back in (MSMN and BZT). I think the difference between GGP and these other investments is that they have one or two prospects / projects while GGP has a wider portfolio and of course we have a flagship project that has substantial financial backing. When I check other companies out I sometimes feel that other explorers in the Western Australia or near Haveron have "missed the boat" or have yet to catch one. Thor mining is a reasonable good example - despite a wide portfolio I dont see the same level of backing nor momentum. The Newcrest JV, despite the fraction in Newcrests favour is a major stabilising effect on the GGP share price. My view is that we have great potential to grow the company and the SP but I think in the near term the growth rate will be steady. However we have a board who are very experienced individuals who are not in this for nothing. Its been an amazing year and I am sure there will be more gains and great days to come. Hope the views are of use. Good luck to all investors here. By the way I am also holding for Gold!!
Hi I called advisors - Daniel Stewart - they made no real comment on the situation. I wonder if it is worth contacting the company? I guess the same answer will be made. They do not seem to be too communicative or overtly open and under these circumstances I guess they will be even less communicative. Reading between the lines the company has stated that the violation is associated with "certain customers" how this impacts YGH is unclear as we do not have the full information. We need a list of the customers if they are few in number then that possibly would signal the adverse impact statement on trading. However for those with a stake in the company it is still a case of waiting.