Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Hi MFU
In the Ncm release on page 5, fig 2 it shows that the MRE in Dec 20 was for the areas circled in black ( bit in the north and in the SE crescent )
They state that the present infill drilling is inline with their expectations of the Initial inferred resource amount.
However if you look at the diagram then 3 holes, namely had10, had25w1 and had56w2, the arrow is pointing outside of the initial black area.
So while I’m sure others will come on and have better clarification than me, I take this as most of the holes reported will be based on the initial MRE of 4.2m in total, however these 3 won’t be ( nor all the other holes in the fig not in the black area)
*I await to be shot down by the more knowledgeable but it sounded ok in my head!
GL
Always the same on good results
Does get a bit tedious but is what it is
Now gone red but won’t be down here in a few months time.
Switch off unless you need to sell.
If you can’t see what’s staring you in the face with Havieron then just keep reading all the small print
Open at depth, east, north and New Targets! ( plural)
Gl
In the last release they stated that ,infill drilling on the top 350m of the south eastern crescent will continue to upgrade the resource already defined to indicated . (Or something along those lines)
This was already underway before December 10th So all being well we’ll see some more big numbers.
As for any holes we were waiting on to be reported that were partially done I didn’t see any.
There will no doubt be some more holes reported from the new eastern breccia and also from the northeast. So plenty to look forward to.
One thing I will say though is people will sell the news again Thursday morning, plus there will be plenty of doom merchants from about 9.30pm Wednesday until the end of the week.
Easy for me to ignore as been here long enough, saw off HAT, Sicilian Khan, the green fool, Lauren Louise , The box of gold coins/mortgage buyer And now Arnold Palmer. (Plenty more who I’ve no doubt forgot!)
Only need to listen to 3 people at the moment and that’s GH, SB and yourself, the rest is just wild speculation.
Although Paddy has brought the best piece of info that I would say has been on any chat board with his eye in the sky. So us Pi’s had real time evidence of what is happening. (For that ,for me,he is the best poster here)
Plenty more have contributed way more than myself, like Bamps21, Hydro, Spy that has enabled anyone to actually do their own research and be confident in the fact that this is as unrisked as can be (on AIM)
Ignore the noise, results every 6/7 weeks will catapult this share to higher numbers than now in time.
Anything else from our other excellent licenses will be a massive bonus.
I’m one happy shareholder and will continue to hold until the end
GL
The true investor scarcely ever is Forced to sell his shares, and at all other times he is free to disregard the current price quotation. He need to pay attention to it and act upon it only to the extent that it suits his book, and no more. Thus the investor who permits himself to be stampeded or unduly worried by unjustified market declines in his holdings is perversely transforming his basic advantage into a basic disadvantage. That man would be better off if his stock had no market quotation at all,for he would then be spared the mental anguish caused him by other persons mistakes of judgement”
Very apt in my opinion for some of the daily posters we see on here!I’m long on this share, very long , and for anyone the same I would read that statement every now and again, especially when the SP drops, to remind yourselves why you invested in GGP. Money to be made here for everyone, but I intend to be here at the end when the true value will hopefully be realised
Good luck to everyone
All the above is a post I made last year. Always good to give it another airing ;)
Nothing else to say about today really, although this time next week you’ll have the same posters coming back on with their negativity. Easy to see through the bull if you look hard enough :)
Still excited about the exploration side of Scallywag and as someone mentioned earlier about time we heard about our other licenses ( I’ve been banging on about Firetower and Warrentina for a while, look at last results )
Good luck and see you next Wednesday
Don’t worry Joe my brother lives by cable beach and works as a prison officer in the local prison.
I’ll get him to look after you if you spill the beans ;)
Ignore the muppets Joe , but if you don’t post again thanks for the titbits you’ve posted throughout the years and good luck
Gl
Yes Paddy, remember it only too well as it’s my Twin boys birthday!
While they were opening presents I was staring at a screen showing my Share dropping from a buy in price of 2.42p to 0.89p and then down to 0.55p
3 years on and look where we are!
Now I just let HAV do it’s thing relaxed in the knowledge that Gervaise and Callum have sorted my family’s financial future. My kids have a few shares tucked away in an ISA also so happy 3 year anniversary all who were here back then.
GL
Further to my earlier post that is for the box cut/decline! Before anyone picks it up, looks like actual mine to be hopefully completed by early 2023.
So if decline is in by March then the Ncm quarterly reports will have plenty of drill results if they’re not having to go through the 400m cover
BIG year coming up ( even without any other news from our 100% owned Scallywag)
GL
Thanks paddySat
So 35 construction workers taking up to 3 months and started in December 2020
Then operations workforce of 80
As Hannibal used to say in the A-Team “ I love it when a plan comes together”
Hav taking care of itself, a long hold for me.
Thanks for your continued updates off to read the other 200 pages
GL
Happy new year all
IF (I’m hopeful,but you never know) Scallywag has some good initial drill results, what would be the implications if it’s more of a copper play?
By that I mean at the moment the copper price is going ballistic ( no doubt gold will keep increasing too) so would the more astute posters here (Bamps,TMT,Hydro and of course Paddysat) prefer higher copper grades or higher gold grades ( obviously hopefully both) if there is decent mineralisation?
Like I say IF Scallywag strikes, I’m hopeful it will with the way it’s going regards Juri JV etc....
But nothing ever certain.
Like many have said 3 weeks today until we have more (hopefully) excellent results from Hav and then after that we’ll be into February and getting ready to be involved in drilling 3! Highly prospective areas.
In these dark days GGP has constantly been a ray of light for me and many others , no need to worry about dips (unless you’re trading) just be comfortable in the fact that this is the closest most of us will have to being involved in a share that will end the month/year higher than it is now for the foreseeable future
Good luck