Member Info for Droverman

Hi Doge, misery's continues with oilies, mine are GKP, DES, FOGL, MATD and others, still holding on MATD as 98% down so in knicker drawer, GGP has been my savior for many reasons and is whats left of my pension after Equitable debacle and gained all back and some. First purchase was 1000000 for 2000 pounds, wish bought more at that price but came to my senses and bought a load at 0.5p then upto 2.0p no loot after that so sitting on hands so to speak. Keep the faith guys, DM

Hi Dip, maybe SD is waiting like Tim Cook at Apple he just received 5000000 shares worth 900 million quid now i would be a very happy man if SD got the same amount within 5 years so to speak mmm that would leave me a billionaire as well as a few others. Proof of the puddin in the end. Ciao DM

For me its more proof that we are going to be an exploration and Mining company, that suits me down to the ground so to speak. Might also be a royalty company in the making as well. All we need now is for one of our other projects to make a big strike and maybe its done already that's why we need these new guys to run multiple projects. Ciao DM

Quite agree Zoros, that amount of shorts will do nothing to the SP, just think Gamestop was shorted 140% of total shares in issue, now for me that's a real short. Ciao DM

Hi Bamps, as a reference we can compare to a certain extent the progress at Red Chris to HAV as both declines have reached 100 m in length. Allot will depend on rocks and water ingression plus extraction of the dirt. I think the next info will draw more conclusion on the progress once they get below the water levels. Ciao DM

Hi DWatty, long time ago the guy who discovered Telfer and was done out of the project later on, stated a few years ago there was another Telfer but not letting on as he was taking NMM and NCM to court and he took this secrete to his grave a couple of years ago. Telfer initial find was an outcrop and in those days they had no way to find stuff under cover so where was this Telfer 2. Saddle reef is the only outcrop in this area as far as i know, could this be Telfer 2, only time and drill bit will let us know. Ciao DM

Hi Spy, shouldn't touch EG for some years, rather spend the money exploring around Patterson to boost up our protential for sending ore to Telfer. EG will require all the facilities that Telfer have which means billions of dollars to find even if we have a JV it will still cost a fortune. Maybe after 10 years of HAV production in GGP coffers. As i am 75 years old i need something back from my shares without all the profit going on EG. I bought 1000000 shares just before Newmont walked from EG and dont want to to happen again. Ciao DM

Hi Redtrader, Otto is required to follow NCM mining costs as at the end of the day NCM is spending GGP money in proving up the mine and preparing to mine it. He will also follow the other projects and specify where its best to spend our money in proving up the best project for quicker returns ETC.Ciao DM

Hi Paddy, i wonder if part of this 246 million, (which for me seems allot of money) in revamping the process plant. Not only is the plant old but must be inefficient based on new technology that is available now. It will take 2 years to design, procure and revamp the plant so its in timeline with ore from Hav. Ciao DM

Hi Hydrogen, i think they want to up-grade the road for extra traffic volumes as well as an all weather road for future exploration for 12 months a year instead of when they can. If they have found something very interesting for sure it will be the catalyst for SP reset. Ciao DM

Hi Sax, Trump had signed an executive order on 2019 to take the dollar back onto the gold standard would have been done if he had got back in, one reason he got pushed out. I mentioned this about 10 months ago. Ciao DM

Hi Tig, you are stealing my thunder, thats my minimum calculation done some time ago, i think its much more but time will tell. Have a nice weekend. Ciao DM

Hi Bamps noticed that HAD136W1 had an interception outside the ovoid in the sediment which basically infers a possible new Brescia pipe so for me this is the main drill for discussion for more knowledge guys than me. Ciao DM

Hi Welsh and H2, basically it comes down to what the FED does with interest rates, in my younger days i was paying 15.7% on the mortgage and that says it all, any interest rate increases now will kill the housing market as well as the stock market as 20% of the market are zombie companies only surviving on low interest rates. Can you imagine what a 2% increase in interest rates will do, quadruple repayment rates as a minimum. FED and all central banks are between a rock and a hard place and all they can do is print more money and the biggest printer of all is that idiot in the white house finally doing what Mr O (God) tried to do is destroy the great US of A which will bring all of us down except for his Russian, Iranian and Chinese friends mmm but that's another story to be played out as they hold huge quantities of gold in reserves % wise much more than the FED reserves and EUR reserves put together. UK only holds 400 tons after that other stupid idiot Brown sold half at the bottom to save the banks, told them one week before so they could short and what did he buy, EURS says it all. So my friends where do we go from here, think we have a few thousand tons of gold at HAV all safely underground ready to come out at the right time. Ciao DM

Hi Hydrogen, not so sure on increased inflation for a couple of reasons, clothes, electronics etc are cheaper though food and materials are going up, money velocity is low, a sign of increasing inflation when its high, banks are hoarding money by not lending out. If you look at a 2 year cycle from 2019 inflation is low by comparison, i think it will spike until that idiot in the white house starts fracking again and releases federal land for exploration, yanks will get pixxed off with him as his supporters get stuffed first with high food and fuel prices. We will have to wait and see as i think the whole lot will break down soon. Hold gold and silver which will also initially reduce about 30% as people sell for cash and cover positions but after gold and silver plus the miners will go to the moon. If the markets crash think of 85% down. Ciao DM

Hi Speedy, i think inflation is on a spike as the figures given so far are based on the past year and seeing inflation was at a low due to china virus i think inflation will run 50% less by this time next year, though still too high. Ciao DM

Hi Speedy as mentioned before book me in for 4 bars one each for the grand kids. Ciao Mate. DM

Should stick with AIM redtrader for GGP look what happened with GKP when they moved from AIM to main market. Also some believe one of our new MM was involved in that fiasco somewhat. Ciao DM

Hi Jerry, names getting screwed up at the moment, i am who i say i am as always mate never tell a porky pie. Ciao DM

That was a much better interview for sure from SD, informative and he was much more relaxed over the questions and his answers, hope much more to come over the next 6 months or so. Only the best for GGP. Ciao DM