Member Info for Dip666

You may have lol :-)

Might dip my toe in next week on more but happy at mo to hold and wait and just observe the panic selling across the markets. This is one of the stocks I am very certain of for 2020 so not intending to sell. It's not often I buy considerable amounts of any AIM stock and research heavily in advance, but I really have liked what I've seen with GGP so am happy to be in still.

Sry - title got capped off :-)

Mining Capital's Alastair Ford gives his assessment of the impact coronavirus is having on the commodity markets.

https://www.youtube.com/watch?v=F2SgGeCvcag&feature=youtu.be

https://www.youtube.com/watch?v=F2SgGeCvcag&feature=youtu.be

I agree Sam, I invested based on the rollout globally with Lenovo in 2020 and beyond leading to a lot of growth potential. Most stocks are taking a kicking this week regardless of their fundamentals.

Totally, as long as the Lenovo/USA rollout is strongly defined it should help, but current market conditions will make it tougher than it might have been, but its held up remarkably well I think this week.

I invested with the rollout in mind Sam and happy to ride the current market downturn out. I like the product set and approach from DEV leadership and can't see the global rollout with Lenovo leading to anything but a very positive outcome by year-end as VR is a growth market within both the Tech and Education sectors.

Some interesting info in this survey.

https://www.fraserinstitute.org/studies/annual-survey-of-mining-companies-2019

Western Australia is the most attractive jurisdiction in the world for mining investment followed by Finland (2nd) and the U.S. state of Nevada (3rd), according to the Annual Survey of Mining Companies released today by the Fraser Institute, an independent, non-partisan Canadian policy think-tank. “The mining survey is the most comprehensive report on government policies that either attract or discourage mining investors,” said Ashley Stedman, senior policy analyst at the Fraser Institute and co-author of the report. This year’s survey of mining executives ranks 76 jurisdictions around the world based on their geologic attractiveness (minerals and metals) and government policies that encourage or deter exploration and investment.

Some interesting info in this survey.

https://www.fraserinstitute.org/studies/annual-survey-of-mining-companies-2019

Western Australia is the most attractive jurisdiction in the world for mining investment followed by Finland (2nd) and the U.S. state of Nevada (3rd), according to the Annual Survey of Mining Companies released today by the Fraser Institute, an independent, non-partisan Canadian policy think-tank. “The mining survey is the most comprehensive report on government policies that either attract or discourage mining investors,” said Ashley Stedman, senior policy analyst at the Fraser Institute and co-author of the report. This year’s survey of mining executives ranks 76 jurisdictions around the world based on their geologic attractiveness (minerals and metals) and government policies that encourage or deter exploration and investment.

Thx Samspade - bought in this week, really useful doc and thanks for the info to find it on the site :-))

https://www.fraserinstitute.org/studies/annual-survey-of-mining-companies-2019

Just current market conditions dragging it down despite the results is all :-)

Yes, even without the epidemic and current market downturn resulting from it, GGP still has a fair few stages to clear before reaching full potential, it might take longer but as Schlemiel pointed out - all of the positive factors that convinced us to put our hard earned wonga down on GGP still remain in place :-) But again, I have no issue with anyone wishing to derisk presently.

Totally , cash savings rates are abysmal and in the UK at least the Buy to Let market is very tough making it hard to profit if you don't own the properties outright without being mortgages so regardless of negative factors that are in place or might arise - investing in equities with a div yield will remain an attractive prospect and provide some robustness.

Yes absolutely Sclemiel, the last recession and factors such as brexit affected many of my shares that I didn't sell off but I kept certain shares knowing the companies were solid and time would provide the return of the price .
I'm not going to sell my GGP off as I am confident the gold in the ground isn't going anywhere and given time the virus will recede and the market will calm again.
I totally understand those who may be getting spooked and can't afford to risk their money though.
Differing circumstances and investment strategies for all of us, just no need for those with differing opinions to be upsetting each other- on both sides of the fence - after all we're all trying to improve our lives and those we care for :-)

About 8:25 min he states while discussing telfer reserves .....however the real value I see at Telfer is its established infrastructure in an otherwise very remote area, its camp, process plant , airport etc places it in prime position for new discoveries in the region....one such example is Haverion deposit which we're on track to own 70 percent of in a farm-in agreement

Towards 23 minutes in he answers a question about cadia exploration that in fact the most exciting place in Australia now is this new kind of deposit in the Patterson which haverion is...... which has turned everyone's thinking on their head in that region....there's a real land rush and exploration rush going on there at the moment.

Here's a direct youtube link to Ged Hall discussing GGP as per Volvics post - 3m 35secs in
https://www.youtube.com/watch?v=16KD49xLkrc

Seems to be a handful of buys today interestingly.

Yeo I agree with Littlepost, if anyone has put their hard-earned cash into a company then they deserve an opinion whether negative or positive - as long as they are being polite to other board members and not ramping/deramping for nefarious purposes - as you do need to take a balanced viewpoint in any kind of business endeavour.