Member Info for Gingertom1

Perhaps the delays from last few years have been reduced substantially so perhaps allowing for the shallow nature of the potential targets we may be in for an 8 week wait?

Optimistic I know but one lives in hope

GLA GT1

Whilst I share the enthusiasm for the future here we have to remains factual.

The positives are:-

1. relatively few shares available.

2. Very close to the Telfer processing plant which is running out of ore

3. Situated in the hottest mining area of Australia - bar none

4. Potentially shallow ore body - compared with Havieron

5. Capital value so low its loose change for most of the big miners should they wish to take us over.

6. We must now have enough cash to drill both tenancies without further funding this year

However having said all that the market emotions suggest that RP and David Lenigas? are not flavour of the month and some appear positively against them.

We also need to get the Heritage sign off before the drills can spin and then we have to wait for the assay results.

So whilst we wait I will continue to gamble a bit each month waiting for one of the positive results to arrive.

GLA GT1

Https://kingworldnews.com/michael-oliver-08-12-2023/

From GGP board .

Don’t understand all of it but very bullish on POG and POS

GLA GT1

Https://kingworldnews.com/michael-oliver-08-12-2023/

Interesting for the analysis it offers

Don’t understand all of it but very optimistic regarding POG and POS

GLA GT1

Still massively overloaded on my limited investments with this dormant rocket!

Still in the hot spot in all of the most exciting fields of Australia and still waiting for permissions to drill!

Still shallow coverage of exciting possibilities

Still cash rich

Still only a relatively small number of shares on offer

Still a bargain IMO

Still under scrutiny surely by Newcrest, Newmont and GGP

Worth a quiet tuck away and await fireworks

GLA GT1

I guess bad though the news was and almost criminal in its timing I guess we won’t see another fund raise until we have at least two lots of drilling results.’

Red setter and Cottesloe

Just a matter of time once again

GLA GT1

Having been here for an eternity , or so it seems but is only 10 years, I am pleased with the theoretical progress recently. Jam tomorrow being the big hope of us all.

What surprised me this morning is the large number of 200 share trades valued at about £1.34p

Obviously from non-commission brokers but why just those same small amounts.

Perhaps they know more than we do!!

Just a thought

GLA GT1

No action on LSE for an hour or more. Something is afoot perhaps. No doubt the no commission trades will flow in the next hour with the small amounts causing price distortion. Still if that's all you can afford that's just fine.

Thumbs being twiddled at present.

GLA GT1

Can't remember which old TV program used that as its introduction but it seems apt.

The proverbial Assyrian Empire was less volatile.

Still very exciting and worth being on the journey. Especially when we get some long awaited news.

The deafening silence makes one think that something is going on that we are not privy too but I guess is always the case.

Patience my friends and all will be revealed I hope.

GLA GT1

Having waited so long for some encouraging news the sudden surge from a very low level to just a low level has attracted a much wider audience.

No surprise that some have taken their profit of 100% (ish) over two exciting days.

No real idea why this week is the key to the rise but no doubt we may find out in due course.

Fundamentals still there:-

In the Patterson

Near the surface in relative terms

Near Telfer

Gold traces found in Red Setter but needs a lot more drilling

M&A activity in the region

Ludicrously low share price

Cash in the bank

etc etc.

So news soon? Who knows.

GLA GT1

The "Big reversal incoming " is rather a random statement with nothing to support it. I agree we are undervalued but put a little thought into it. Otherwise it just looks like a boiler room pump and dump effort.

What makes you believe your comment 1day? I obviously hope you are right but what news do you have. A few small purchases are not going to do it.

GLA GT1

Pure speculation on my part and a bit of lateral thinking........

GGP and Shaun Day are very ambitious.

All sorts of joint ventures and drilling going on in the Patterson mainly towards the North west corridor from Havieron up to Scallywag , RIO etc at Antipa !

They now have the clout and perhaps the ambition to get involved in Red Setter and WSBN in view of its obviously contiguous location extending their explorations towards the South East and leaving Telfer in the middle of their assets.

As I said pure speculation but with WSBN valued so low they must be watching us closely as well????

One can only dream when one is so much out of pocket.

GLA GT1

Hi MrP

Cannot argue with the logic and have been invested here far too long at far too high a price not to believe that is the case.

The OK for Newmont to buy Newcrest has been given by Aussi Regulator so now we get to the interesting part.

Will Newmont keep Telfer and Havieron and GGP? or will Newcrest keep Telfer and start looking for more feed for the leviathan processing plant. Havieron can only provide max of 3mtons per annum and Telfer can handle 20mtons.

Even if Red Setter is lower grade than Havieron (which is most likely) its only 13 k away and is much shallower. So keep hoping and one day we might get a nice surprise.

GLA GT1

These small trades come in batches as the no fee trading houses pool lots of tiny trades and fill all at once.

You see it all over aim as less affluent investors dip into the active shares looking for a small profit.

You normally see them come through 4 times a day. First thing, Mid morning, about 2pm then mid to late afternoon.

Always at highest buy prices and lowest sell prices but they offer a service I guess.

News awaited with bated breath - patience is a virtue I am told.

GLA GT1

Will it be wisteria sinensis.....

GLA GT1

Interesting buy after hours Friday ! Does somebody know more than we do. Rhetorical question…. Of course they do. Hopefully someone is loading up before the next excellent RNS. Perhaps a bid on the way has been leaked somewhere.

Total guesswork but someone has taken the bait it seems.

More so than any trout I have been chasing

Right lines everyone

GT1

Random thought about the likelihood of Newcrest positioning themselves to be left with Telfer operation after the fat lady has stopped singing?

They need more than just Havieron to keep it viable and perhaps this is their shout out to get another elephant under their control. Cant recall how far away Juri is but must be close enough to be viable long term.

Just a thought

GLA GT1

Been loaded up here for far too long but with all the talk of Newmont taking over Newcrest and the liability of Telfer (15 miles away or so) I suspect someone is eyeing up our Red Setter prospect and thinking it’s a cheap gamble.

With so much activity and success all around there must be something under the shallow cover somewhere! However to find it you have to drill - so once they secure the drilling team then we should see rapid progress if not a serious rise!

Hold onto these cheap tickets a bit longer !!

GLA GT1

Still holding and waiting to see if they can hit the 10th May suggested target (or close to it). Gas seems to be there and they seem to have a plan and I can wait just a bit longer for the price to reach a slightly better level.
All their other plans are obviously longer term and not why I bought so its all about timing as always.

GLA GT1

Putin is thinking of using silver bullets as well !!!

Excellent news