RE: Eye watering!30 Jan 2020 04:20
After 6 years invested in GGP I keep adjusting my target SP.
I bought 400,000 at 0.06p or £240 (todays value around £12000) and not sold any.
I bought 100,000 at 2.4p or £2400 (todays value around £2900)
I bought a lot more in between those two prices and have kept adding.
I have not sold 1 share yet as there always seems potential for the SP to go much higher.
My point is, as investors in a company you need to keep re evaluating what you have.
My target SP for the last two years has been 10p. That all changed with this latest update. I'm not sure what it is now but its a lot higher than 10p.
For a company the size of GGP this is just massive, not good, very good but massive potential, so much bigger than I ever imagined. A whole new world of opportunity has opened up. I'm not sure about the future direction, what happens with Havieron or any other projects but GGP are starting to be noticed as a very important player and no longer just a junior exploration company.
My advice (for what it's worth) to anyone invested here, at whatever SP you got in at, is that it is going to look like a steal in 12 months time. Sit back, ignore the daily ticks and get on with the rest of your life wrapped in that warm comfort blanket of your GGP holding. Whilst others immerse themselves in when to get in and out of GGP and predict the daily and weekly movements in the SP relax in the knowledge you are invested in a company going places.