Member Info for greengrass7

Bang on OilAnylyst, Messers Swann and Hannigan are no mugs,neither are Demir so in my estimation things look pretty positive.

Obviously there are posters on here who are better informed( morning Death)and think differently.

Thanks Forzeb, it's always nice to see reasoned,intelligent analysis.

At 4.4 mill mkt cap it feels like a significant breakout is imminent, cant even get a quote to buy 200k.

I like this a lot. Potential future buyout?

Paloma is a large metal refining and commodity trading house, which owns its own refineries for gold and silver. Paloma's registered office is in Dubai, United Arab Emirates. Following the Subscription, Paloma will hold 400,000,000 Ordinary Shares, representing approximately 21.7 per cent. of the issued share capital of the Company as enlarged by the Subscription.

I'm no expert but my guess is selling by the impatient and hard of thinking.

Interesting that massive sell was timed before 10am yet they were still willing to take more, in fact i got a quote to sell 10 million but could only buy 500k which i did.

MM games, can't get a quote to buy 1 million but can sell 5 million no problem.

The number of shares in issue is immaterial, it's the market cap that matters and that is a mere 3.7 million quid.
There used to be someone on the GGP board, six or seven years ago ,continually talking that down,wasn't you was it Rise?

Indeed, the stepping down with immeadiate effect is extremeley concerning.
All the very best wishes to Paul and family.

Strange timing, surely much better to have waited till after the Molopo Farms results.
Good results he could walk away saying he had done what he could and was passing the baton to a more experienced person for the next leg of the journey.
Bad results, he could leave ,saying he had built up expections and under the circumstances felt the honourable course of action was to go.
Or , expecting this market reaction are the company getting this bad news out of the way in anticipation of positive news from Molopo that will then drive the share price higher.

It actually beggars belief that with the anticipated newsflow, anyone is actually selling shares here. All in my opinion of course.

Unfortunately i didn't hear anything in that interview that would tempt people to buy this share. No buyers and the odd seller equals falling share price. There are a good number of shares available that seem to have better short to medium term prospects. I am confident that eventually CGNR will come good its just the wait may be considerable.

The whole process is just far too slow, the prof has no chance of seeing any real return (other than a buyout) in whats left of his life, indeed i am 63 and not sure i will either. Anyway i've sold 67000 today (still well over 300k left) and bought another 10 millionGWMO at rock bottom price where at least things are happening.
Is it a good move, only time will tell.

How old is Brian, i'm guessing mid sixties but still investing decent amounts of money into the company. I reckon he'll have an exit straegy but on what terms. 172 million shares at 1p giving 1.72 million quid ? Dunno, but reckon he will want things to progress as quickly as possible so he can enjoy some of his potential gains.

There are posts on Conroys twitter account most days, probably to remind us the company is still alive.

Chairman Brian Hall now holds 172.5mln shares or 3.77% of the company.
Skin in the game,very positive.

Raising cash positive but at such a discount, was that neccessary. Unfortunatley standard when using the cowboys at SP Angel.

Bsg-what evidence did you base that pre drill observation on?

Very disappointing results but that's the exploration game, occasionally you win generally you lose.
The more disturbing issues are the actions of the lab, first in making a basic error and then taking so long to inform Thor.
Bsg ,you state Mick shares the pain with us. Us ,are you sure ,i find it very hard to believe you hold any shares here as you've done nothing but post negative comments on this board for a year or two. Surely someone with such an anti Thor mindset would of sold long ago.

Another 2.5 million added. This is going to end in tears, hopefully of joy.