Member Info for Gingertom1

RP is finally able to leap from a sinking ship thanks to his old pal! Obviously we will not benefit as one might if we continued to be a proper explorer and found something positive!

Anyway I am expecting the worst as no doubt the RP lifeboat is already alongside the sinking ship.

What happens to our assets (tenancies) is in the laps of the gods!

GLA

GT1

GLA

GY1

All the pumping about GGP will not encourage Shaun to divert any attention towards us yet!

He has both his hands and feet full getting Telfer and Havieron organised as well as taking them to ASX first.

If we drill and find good quality ore in volume then that may change the position.

He does not have bandwidth for yet another project but when (not if) we find some suitable ore he may be forced to pounce rather than let us be grabbed by someone else. Whatever happens he will get the chance to process the ore we find as he is the only game in town at Telfer . No one in their right mind would think of building a processing facility so close to the biggest one within hundreds of miles!

So we need to explore our tenancies and prove our worth to the whole market first I believe!

That way lies the big gains! Being bought out now would be very disappointing

Good luck all

GT1

Just topped up with loose change and no more ….

Sitting firmly on my hands until something happens.

I see that bandit David Lenigas is starting his own Bitcoin company mining for those who really like a gamble.

Sorry don’t trust Bitcoin and him separately, double jeopardy perhaps together

GLA GT1

Does that include the money from the Aussie Gvmnt that they got towards next drills.?

GT1

I think that with just 550m shares (at the moment) any movement will be rapid indeed but we need some news to help that along

Hanging in for something positive

GLA GT1

Whilst it may be irksome to many at least its not the usual abuse we see on these BB's.

Carry on chaps if you wish too. Nothing else going on.

However when they finally decide to let silver go and E.Hills gets some funding then we can change back to less important matters.

In the meantime have a chat.

GLA GT1

Mainly sells I guess today and some people will have an eye on tax bills at end of month .

News needed to give us a steer about the future

Patience needed

GLA GT1

Hi

Well we have found traces of all sorts of potential commercial metals but not in any quantity to get excited about. Lot of iron pyrites (fools gold) we were shown a couple of years ago!

However we have only drilled a fraction of the tenements which are in the richest area of Australian gold producing region one might hope that with greater activity and more effort something will appear. Sadly it seems that this cat and mouse game being played by the management will continue for some time.

It’s a big gamble at present but these prices it could be a good each way bet?

Either we drill and find something or somebody with even modest pockets wants to get into the action for relative peanuts and buys us out

So in short the answer is Not Yet!!!

GLA GT1

Whilst I agree that the management of this company seems to be AWOL in every respect I am happy that the world around us , particularly at Red Setter, is moving at a very fast pace. Newmont selling Telfer is a very interesting move and whilst nothing is likely to happen short term we are sitting on a very valuable piece of real estate at a ludicrously low valuation.

Too soon for GGP to do anything but others will be actively looking over our shoulder at what little activity we are doing and just wondering what the best move might be. At present waiting is all we can do. I assume some drilling has been done or is about to start but as its the hot season now perhaps more delays are inevitable.

Topped up to bring B/E down and will sit on hands until something exciting happens. One way or another.

GLA GT1

Should we ever drill anything and find something of value I will be rich but a genuine question nags at me!

Am I right in thinking the tenements we own cannot be sneaked away from us by some legal aspect I cannot unearth! I know some licences have either activity conditions or a time limit on drilling.

I assume not but can’t find an answer!

Any views?

Old RNS links imply perpetuity but do not mention it specifically back in 2020

Thanks in advance

GLA GT1

Not sure what will happen but I have added once again this morning.

First bought 22nd November 2010 and made a profit that year. Making 2010 a unique year until 2024 hopefully.

GLA LTH who have been patient beyond any common sense.

Well done Harry and Rob666 and others for keeping the faith and updating daily for so long.

Fingers crossed for a positive outcome very very soon.

GLA GT1

Lots if very small buys and sells gong through so looks like the cat is out of the bag in the general population.

I hope they don't have to wait as long as I have but it is fun.

Every little helps and we all started somewhere I guess.

GLA GT1

Having waited so long for TK to get underway the shock of being dumped by SA (I suspect it was a foregone conclusion anyway) the future looks much much clearer. We are very much in favour in Ethiopia I feel and have a seat at the highest table in the land whereas in SA we would not be let in the door - leave alone be given a seat of any kind.

So on reflection reducing the complexity of the situation and focusing on the nearest prize makes a lot of sense.

Now we need to get the funding and signatures sorted so that we can actually get in with getting the gold out of the ground.

We are not a major player on the world scene but we are in Ethiopia so lets be grateful that we have got this far despite every obstacle that has been in the way.

A little more patience may be needed but step by step we will get there.

GLA GT1

Thank you , I will watch out for next one

GT1

Nothing new this morning so far but high hopes that our northerly course will continue today !

One day nearer the market realising that SA is in here for free at the moment and oddly that is the big one!!

GLA GT1

Good morning Bamps

As a long term investor and fan of your most detailed knowledge would you be willing and kind enough to post your presentation after the event for those of us who cannot attend?

North of Scotland makes it more difficult than most!

Many thanks in anticipation

GT1

From about 22 minutes in excellent logic for massive rise in silver as Gold continues to rise

Silver stockpiles become normal for industrial nations as well as private buyers

All we need is a working mine!!!!

Anybody know of one ??

GLA GT1

Having had these draining my holding from 2011 I am at last confident we are on the way to success at TKapi and the Ethiopian part of our journey!

I also agree with those who say that SA has not been factored into the equation.

The potential there remains exciting but to be honest relatively unknown.

Our SA partner has lots of clout at all levels so I expect very interesting developments in the coming year.

In the meantime we’ll done Harry for your persistence despite every obstacle

Onwards and upwards starting next week

GLA GT1

Any thought as to why this week?

I hope you are right but I fear it’s unlikely without positive irrefutable news!

One wonders if RNS stands for Reliable News Soon

GLA GT1