GGP for life......not just for Christmas10 Dec 2020 11:27
In my experience the SP has often dropped on news. This was always going to be the RNS that sent the SP down, unless the MRE had been ridiculously high. I wish I had the courage to sell yesterday and buy in again today. However im a LTH not a trader.
I see the MRE as the perfect foundation to SP strength over the next year. It is only one part of HAV and that part is still open in various directions and at depth. Basically the SE Crescent and Breccia isnt finished at 4.2mln ounces of gold equivalent. Add to that gold and copper at North West Crescent, Northern Breccia and Eastern Breccia and this deposit is looking bigger and bigger.
What if they discover another breccia in the SW or areas of the tenement bordering the Artemis land?
Then of course there is Scallywag, what are the grades from Kraken going to reveal? 100% owned still. GGP will know about 80% of what those drill cores show before sending them to the labs in Perth. Interesting!
The Juri JV will shortly drill at Parlay and Goliath. Newcrest arent doing JVs unless they believe there is a good chance of success.
Fiscal stimulus and a weaker dollar in the US over the coming months could see gold rise towards $2000 per Oz. The upsurge in green power and all that goes along with it will increase the global demand for copper, possibly pushing the price over $10,000 per tonne.
There have been some very dubious posters on here this morning! Bare in mind that they have an agenda, either shorting, or wanting in at a lower price. How many have posted with sincerity and offered concern via well thought out arguments?
GGP has a very bright future, I am here for the duration. It will have a huge effect on my families future I am certain. GGP is as solid as the ground it drills upon and will eventually commercially mine.
Buy and hold if you can folks
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