Member Info for CharlesRyder

It is true that the 'next GGP' is not going to be GGP! (Although it will do better than most shares over the next 12 to 18mths).
The problem is, the story that's stacking up here seems to beg the question, 'Will there ever be another GGP', at least in the short term?! I thnk it unlikley so maybe it's wiser not to chase 'the next GGP' but grow capital with the actual GGP and have more firepower for when something similarly great comes along...in about a decade!!

Did you see what he did there?

As subtle as a brick in the mouth. Try trading this one at the moment and you could end up getting it all very wrong!

That's my point. HAD065W2 went straight through the SW crescent zone which is what the MRE will be based on to start with. More cores with higher grades means a higher initial MRE ultimately.

That's my feeling. They had the best intercept to date in Round 11 at a depth they hadn't drilled much before. I assume they will have drilled some more in the same region so it's not unlikely that similar results will hit.

Certainly looks like it fell from the sky! Odd for the middle of the day, mind.

I guess 'absolutely , mind blowingly staggering' probably refers to the upcoming MRE/Sulphide zone given that is where they've focussed drilling this last quarter?
In some ways, I think a blowout on the MRE for the limited sulphide zone will do more for the share price than the discovery of a new zone of mineralisation. Feels like the market needs something concrete at the moment rather than just more decent-grade breccia.
It's all the same to me, frankly...

Bluebird Merchant Ventures. Now 100% owner (to be completed in Jan) of 2 disused gold mines in S Korea with permits and financing to match. When it moves, willmove fast

I'm working in £ as far as GGP goes since about Feb this year!

I first invested in August 2018 at 0.012 and added and added and added. I started with a broad diversified amount of stocks spread across 20k which was a mixture of very safe dividend stocks (infrastructure funds etc.) and much more risky plays of which GGP was one.
At that point, gold was a key strategic consideration; it looked undervalued and equities looked 'toppy'. I was right...but it took a while to come through. Which is a lesson for us all as far as GGP and the market is concerned; we're right, but it will take the rest of the herd longer than we think to catch on. But as part of the gold play, prospectors needed to be in there to turbo charge the whole investment (I also invested in Caledonian Mining which pays a dividend; nice business by the way; about to double production with commission of a new shaft and been given 'most favoured prospector' status by Zimbabwe's govt. Another Blackrock pick as well!)
But I selected GGP for the following reasons:
1. Safe jurisdiction which narrows the field considerably
2. Good prospects - Newmont had happened and there was the survey data
3. Looked out of favour and undervalued post-Newmont
4. Also, linked to (1) above, 6 prospects in one country. Sounds a bit leftfield, but it seemed to me that at least one of them must come up trumps as there must be some more gold in Australia. If it was 6 prospects in different geographies, the odds are much lower.
5. Linked to (4), management looked sensible, balanced and experienced. But I question over-valuing good management on a gold prospector. It matters now a lot, but it doesn't matter a jot if they don't discover anything!
Of course, I had no clue just how excellent Havieron was nor that there are multiple discoveries, as I anticipate. But as the story grew, I invested more and put money into the 'winner' and weighted the whole basket more towards GGP (average 0.04). I'm not very diversified anymore; 96% in GGP 4% in BMV, but I'm very comfortable with the risk. My aim was transformational from the start. My finances have been 'transformed' already but as I started out with nothing to lose that is still my attitude even though we're closing in on 200k (at 0.32!) in the ISA and well past that in the SIPP...and that includes 10k gone to charity.
However, I doubt many of us will achieve this sort of good fortune twice. GGP is a once-in-a-lifetime opportunity and I intend to ride it hard the whole course!