Canada Nickel, the Canadian nickel explorer, presented at London South East May webinar. Watch the full video here.
Not here to ramp or provide false negative/positive expectations. I was talking to my sister last night (who works in the NHS) and she said there was approx 300000 recorded covid cases in Scotland last week;
That's equivalent to approx 5.5 % of the Scottish population. Transpose that to England and it is approx 3 million cases; which maybe sounds improbable and the figure could be significantly less; but take into account the lack of masks, no real visible public info regarding washing hands and/or using hand gel, etc - and also take into account the complacency that surrounds us all in most of England, then is it possible to have so many cases ? or even more ?
They still have a 'mask in public places' policy in Scotland yet the cases increased, So in reality then any guestimate figures for England are possible ?
Folks - if anyone is upset at the fact that Newcrest have not released an interim report tonight and think Sandeep/Newcrest have thrown the toys out the pram then email SB direct and ask why :- sandeep. biswas @ newcrest .com .au (without any of the spaces)
Otherwise, without factual answers or RNS information then it's all speculation and fictional discussion from posters that only creates FUD on the board.
Looks like Shaun (and the Team) took the bull by the horns and decided to crank up the odds for the 5% and put some pressure on NCM to reconsider their decision to push the MRE back to near the end of the year.
I would think that the decision to get independent verification and release the information was outlined to NCM; therefore showing that Greatland certainly have their own ideas on where they think the 5% figure starts at, so no point NCM coming in with a ridiculous offer.
I haven't posted on the LSE boards for a few months but I do read the boards everyday. My previous posting was generally always in GGP, as it's my largest holding, but my second largest (by value) was EUA. I have my personal reasons for not posting for quite a long time.
I have sold up today at a very considerable loss, and at a point in future then I might buy back in as I believe in the fundamentals here, but I cannot take the risk of letting my money possibly dribble away further. If I buy back in the future and end up with less shares I sold today then it's my risk and one I'm willing to take
My losses today are nothing compared to the loss by the people of Ukraine. Everyone on here makes their own choices but unfortunately the people of Ukraine are having their choices for freedom and life itself being forcefully taken away from them.
I am not here to ramp or deramp this share; all I want to do is remind everyone to keep themselves well informed of what is occurring in Ukraine and how it will affect Russia in the long run. If you think the 'experts' posting on here are correct and this is going to blow over soon then sit back and take the risk; but no one on here should ridiculing others who don't want to take the risk but want to give their honest opinion on what is occurring.
For instance, It has now been stated by Russia that they will be taking out targeted areas and buildings in Kiev; in real terms then that means they will be carrying out heavy and precision bombing to weaken Kiev for the run in of the massive convoy less than 20-30 miles from the City. Putin is not going to back down for the foreseeable future and he and his cronies are digging themselves in - even whilst stating they will have peace talks tomorrow.
For the present time, there is only going to be more death and destruction.
China will only stand by 'it's partner' for so long and if China starts stepping back then Russia with Putin still as head will become totally untouchable; which of course could maybe seriously impact the future of EUA for a considerable time. Irrespective that we know the world needs what EUA have, then at the present time I'm sure those who need it can find it elsewhere, and if exports from Russia are blocked for years then where does EUA stand.
Of course it is up to everyone to make their own investment decisions and I wish everyone luck with whatever decision they make, but please make sure you read the factual information available and do not make investment decisions with what you read on here.
Good luck to all and for peace in Ukraine.
As much as I would like (and I'm sure everyone else would) for the JPM short to get burnt, then most likely they won't as the market will play it right for them.
They're professionals at what they do and generally always come out on top; and of course they have some third party control over certain markets with the help of their banking, broker and market maker cronies.
Even if they did get burnt then they'll have many fingers in any other pies so they always maintain a positive advantage in the finance game - it's what they do.
IMO then the amount they're shorting will have no real impact on the overall long game; so
I'm sitting tight and not worried in the slightest.
Matty, sorry for your loss and please accept my sincere condolences.
Taking the time to in life to care for and love a family member or even a friend shows you have true compassion and faith in life.
At 59 you should still have the confidence to work in life, because with age and wisdom You still have plenty to offer in your lifetime and dedicating the last 6 years of your life caring for someone is true life experience and shows employers you are thoughtful, caring, resourceful, unselfish and dedicated - skills that are appreciated in the workplace, especially in the modern day.
Invest4theLT already posted today's updated list, from Genedrive, earlier in this thread; and it clearly shows Omicron variant is covered in the surveillance programme:- https://www.genedrive.com/assays/cov19-id-variant-surveillance.php
Indomie - why would you post a variant list dated 19th July 2021 - that was published many months before the Omicron variant was discovered ?
JJane - good post and provides a reminder on how much NCM are targeting for growth. IMO then GGP will be pushing back any negotiations on the 5% until the MRE update is released.
Shaun has not put an experienced team together for them to not know the full potential at Havieron at the present time and for future growth; so they certainly won't be agreeing to any low ball offer.
I'm so pleased I'm still holding GGP shares; it's been a tough year but especially a real tough few months. Many have said hold for gold and the same applies today - don't listen to idiots who say they've sold, etc; and don't comment on their threads to give them attention.
I commented Wednesday afternoon:- "I just hope there's enough buying pressure to maintain the SP in the high 14 - 15 range or slightly higher today, so we can then maybe have at least another penny or two added before the Xmas break". hopefully we maybe add a few more pence on to that; but there's no need for way over the top predictions of what the SP will be in a few weeks, steady rises brings the prizes.
Tex - a had a browse a couple of hours ago for some of the crew but none of them about. I think they'll be hoping for a retrace back a few pence and then they'll turn up and say it was in the charts, etc.
I just hope there's enough buying pressure to maintain the SP in the high 14 - 15 range or slightly higher today, so we can then maybe have at least another penny or two added before the Xmas break.
Shaun has put together a very experienced well balanced team who will not be bowled over with a lowball offer. Newcrest know this also and being experts in their field then they have a reasonable idea how big Havieron will be; so they will have to come in with a decent respectable offer.
Adrian - I don't think I'm at the same level as TMT on posting but I'll take the comparison as a compliment. I just post honest opinion and try to keep my opinion and thoughts balanced.
It's unfortunate at the present time at the SP and for many holding GGP shares but I'm sure there's many holders of other AIM junior mining shares who are in the same boat.
It's not been a great year but the diffrrence for me is that GGP have a share in Havieron and other juniors maybe have possible future prospects but still lots of exploration to do.
Also we have a joint venture with a major, so we are well ahead of the pack. It is having Havieron that will help with the GGP SP recovery but IMO it will take a bit longer than many anticipated at the start of the year, but at least we have a target date (approx) to production; so if people want real value out of this share then they need to have patience and resilience until they get to the target price they want.
Lol, I do get where you're coming from regarding the comment about your wife, as I have some friends and probably my brother whose wives might not be so understanding. I think I'm quite lucky in that respect and fully appreciate the relationship my Wife and Myself have together.
Good luck all.
Tex - to be honest my Wife is not materialistic at all. Yes, she like nice things like posh restaurants and nice holidays/hotels but she's also happy with a bag of chips on a bench with a lovely view and a few days away in the UK in a cheap hotel.
Red - I posted many times over the months - ignore, filter or report the trolls, not sure many took it as advice.
Ruth - Sorry to hear about your Husband's past problems and hopefully he is much better now. yes, money is good as it gives you more choices in life but health is more important; no point in having lots of money if you can't enjoy it with ill health. Hopefully you both have a great future with health, and wealth from GGP comes your way soon. Best wishes to you and your husband for a Merry Christmas and prosperous New Year.
So here was me last night moaning to the wife about the SP and how much it has went down this year; of course she said we could have sold up in December/January - even February or March, and then at least we would have made some money, plus our kids would have made profit on their ISA's; Hindsight is a great thing.
I did say to her that we are victims of our own success but I also reminded her that when I invested her and the children's money then it would be 2-4, maybe 5 years for true value to come (the wife is 45, and 14 years younger than me).
Although I bought 114k shares in 2018, I never started buying more until May 2020, when the price was going up and up and it was clear there was great fundamentals with Havieron. When I moved my old works pensions over then I bought more in August to November and even a large chunk on the 18th January, 2 days before initial scally results.
The "victims of our own success" comment comes from the fact that actually since buying buying heavily from June 2020 onwards then all we really got was a meteoric rise to December. We never seen massive drops apart from maybe after the first few days/week after the first GDXJ buy-in. By that time we were up on paper anyway, so no matter the price fluctuations down then we were still sitting on profit, so why worry - and we bought more in the mid 20's up to the low 30's because the fundamentals at Havieron had not changed since we had been buying in the teens prices. So when the scally results came in and there was the massive sell off drop and then recovery we were still in profit, so why worry.
Fast forward to now and look where we are. In all my families investments then we are approx 50% down with me quite substantially in my SIPP - this is real money down and not in paper profits. Obviously I accept I'm an amateur share owner and should have maybe top sliced at some point; but again the fundamentals at Havieron had not changed, so why should I have worried, we were never massively down.
So at this point then I have to remember a comment from Rick Rule, I don't know the exact words - but at some point in your investment then you could be 50% down, but if it's a good share and you believe in the research and/or fundamentals then you hold it.
I believe in the fundamentals for Greatland and Havieron; the gold is still there and it will be coming out of the ground, so I'm holding on. If there is a buyout then there is nothing I can do except maybe vote for what I think is the best offer.
As my wife said last night - no point in worrying about it as it is what it is and you can't do anything about it unless you sell at a loss, if you believe in yourself and what you know, then it will come good in the next few years. She also reminded me of my great friend Kevin (of 23 years) who passed away in February with Covid. "At least at present you are alive and in reasonably good health, that's always more important than money"
sorry for the long post.
Seems like the frustration is starting to creep into the threads.
Everyone who is genuinely invested in this share is frustrated at the present time and quite understandably so. None of the PI's can explain exactly why we are here and in theory then it doesn't really make sense with the asset we have at Havieron, as it has only got bigger since last year.
The fundamentals from last year are actually better and we all know there is more news to come, especially the updated MRE. We all know when production is due to start and until then it will probably be a frustrating journey, but it is a long game and if you still believe in the fundamentals then you need to hold on for the journey.
It is what it is and if some of you remove the blinkers then you will see that the vast majority of juniors have taken a bashing this year. That includes two Canadian juniors and one Australian junior I'm invested in, so it's not just AIM listed juniors and it's just the way the market is working and of course due to global economics and the Covid Pandemic. We have a better asset than most of all the other juniors but if the sentiment and money is not in the metals exploration sector then nothing will really change until these two factors change or there is great news.
You either tough it out until we rise on better news, the sentiment and money comes back in or we get to production but you just need to keep the patience for the long game.
Unfortunately the board has went downhill; maybe a controlled move by a few trolls but let's be honest and say that some genuine members have also got drawn in by their tactics and let themselves get involved in petty squabbles with them which results in many posts/threads being deleted and many posters switching off from the board.
Yes, it can be argued that there has to be some pushback on misinformation and some posters respond well to this and answer constructively; but many of the threads just deteriorate in personal slanging matches and attacks which is not good reading.
As I'm invested in several shares then I do go onto to other boards but don't post on them, and I can say now that IMO then this board has probably the best overall knowledgeable people posting great information about GGP, NCM, mining, geo, etc. As my main investment is with GGP and actually felt like I had a good home here for the first 9-12 months after I joined LSE in June 2020. I am not overly technical but was posting some occasional bits of information I thought useful and provided feedback in threads I think that was reasonably balanced.
Occasionally I got drawn into troll threads and commented when I was suspicious of them and their motives, but realised I was only probably fueling their fire and keeping their posts at or near the top of the board, Hence I started creating threads for 'Ignoring the Trolls' - which went unheeded. Having been on quite a few other boards then it is much the same and they are littered will trolls spreading FUD and in reality it's just part of the boards and social media and life in general. No matter where you think or want success then there will always be people trying to knock you down.
Of course a good measured response if delivered in the right way can push back or silence the haters and actually it can make other genuine members be aware of them but when frustration enters the fray and the responses start to deteriorate into playground behaviour with name calling, etc then the valid argument starts to demise and it just puts other posters off reading or taking part in genuine debate.
It is quite obvious that the mood on the board is being affected by the slide in the SP, and personally I am now down a substantial amount on my actual investment - not a paper loss - really down in monetary terms, but I'm sure it will recover. I live with this unfortunate circumstance at this moment in time but I take full responsibility for it; I pressed the button to buy and I accept there is no one else to blame. Of course it's frustrating for me but there are many on this board in the same situation and down varying amounts of money, and I share your pain; but my frustration is mine to bear and I do not bring it to this board; I only ask that others should try to do the same and not bring their disappointment or frustration to the boards.
Although I've responded in this thread regarding a takeover I actually think there is too much conjecture and speculation about a takeover and when people start saying about lowball, cheap, etc then it's akin to spreading fear and doubt - IMO it's time for it to stop, as it's only bringing more depressing reading to the board.
Viking/Jerry, sorry to hear of the loss of your pets. Even though you know that you will generally outlast the life of a pet, you put your love into them and then it's always hard to accept the loss of a loved one; most of us have been through it, so your sense of loss and grief is understood.
Re: Option C
I'm sure I heard SD stating that Havieron is a world class asset. He has not put the vastly experienced board together to just roll over for an offer of Greatland, all of Havieron or even just the 5% NCM option. As Jiffy has said, at the present time no-one knows how much the 5% or 30% of Havieron is worth and I don't think a fair guestimate can be determined until at least after the updated MRE. Even then the MRE might not have taken in all of the drilling results for 6 weeks or a few months before release, so IMO any offer would have to take into account a reasonable amount of possible/probable future growth.
But lets not forget the 5% or 30% of Havieron includes all of the 12 blocks within the E45/4701 tenement, so this also includes any possible mineralisation finds at Zipa, Hav north and any other possible targets within the area. It could be that GGP will want to see what else NCM turns up with further exploration of these identified targets before agreeing to sell 5% or even the 30% (as some on here suggest). Also take into account 'every hole hits mineralisation' and 'open at depth' and sides', so how do you get to a sale price when you know the drill cores are providing results - even up to a few days - before you enter negotiations; IMO it's difficult to determine a figure when you actually still don't know the estimated full extent of mineralisation.
Taking this information into account then IMO it will be difficult to get an agreed figure for the 5% never mind 30% for the near future (at least next 3-4 months and after the updated MRE) but I do think that the agreement for the 5% option will come into play for Greatland to finance their share of the works at Havieron, so some price will have to be determined. As for the other 25% ? IMO then Greatland will not want to part with this as it's a company maker and if they do then it will not be cheap - in the $billions; but I also think NCM will be happy with their 70/75% knowing it will feed Telfer for years to come so therefore no need to spend $billions requiring an asset they already have the lions share of.
Any the other options are possible but I think SD, the board and shareholders will push back on any low ball offer, so any offer will have to look reasonably good before acceptance - 60+p for starters !!