The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
Farmerlad- I think all the long term holders who have grasped all the details, done their research and have followed developments will be sitting on their hands to come. The nature of being a long term holder here means that their are a few million plus shares some up to 10 million. These shares could be worth 3 to 4 times their value today in 12 months time. Life changing for quite a few.
I am still adding shares with money that comes available as I think GGP is getting more and more de risked at the SP as it is today.
Gervais looks to smug today and why wouldn't he as its all life changing for him and his family too.
I missed all the thread discourse and a little upset (I could be wrong here) but I can't be bothered looking back. Roll on GGP and all the news to be released shortly. My faith is on the board and gold in the ground discovered and yet to be discovered.
Lots of froth on this BB doesn't change any of that. People are welcome to their opinions and ask as many questions as they like. As for me having faith in GGP over the last 5 years has been life transforming.
I will be taking the advice of Paddy and sitting on my hands as this PI is experienced on aim, and the daily musings on a BB.
The institutions that are and have been taking a position here in the 27p-22p range are doing so with an expectation of a significant upside.
Gymboy
Looking at the trades today I fully expect some large after close trades. An easy way for an institution to pick up stock from PI's. Same old same old going on. However I am sure some of the PI's selling now have made good profits. The next few months will see live changing gains for some of the PI's on here.
I have had SHG on my monitor for quite a while. Gold is down temporarily so now is a great time to buy. It looks like there is a lot in the pipeline so its a hold and add on any dips for me.
After quite a bit of research i thought I would add a few here.
I am mainly invested in GGP, but this gold minor seems so undervalued at my purchase price of 12.9p. Well funded with promising times ahead . I must admit it was the recent funding of £32 million at 16p that makes this such a good prospect.
It all depends on timelines and the type of estimate we are looking at. A mineral Resource Estimate can only be given when the drilling is finished. However we may get an inferred Mineral Resource Estimate in December.
Take a look
Inferred Mineral Resource
An inferred mineral resource is that part of a Mineral Resource for which quantity and grade or quality can be estimated on the basis of geological evidence and limited sampling and reasonably assumed, but not verified, geological and grade continuity. The estimate is based on limited information and sampling gathered through appropriate techniques from locations such as outcrops, trenches, pits, workings and drill holes.
Indicated Mineral Resource
An indicated mineral resource is that part of a Mineral Resource for which quantity, grade or quality, densities, shape and physical characteristics, can be estimated with a level of confidence sufficient to allow the appropriate application of technical and economic parameters, to support mine planning and evaluation of the economic viability of the deposit. The estimate is based on detailed and reliable exploration and testing information gathered through appropriate techniques from locations such as outcrops, trenches, pits, workings and drill holes that are spaced closely enough for geological and grade continuity to be reasonably assumed.
Measured Mineral Resource
A measured mineral resource is that part of a Mineral Resource for which quantity, grade or quality, densities, shape, and physical characteristics are so well established that they can be estimated with confidence sufficient to allow the appropriate application of technical and economic parameters, to support production planning and evaluation of the economic viability of the deposit. The estimate is based on detailed and reliable exploration, sampling and testing information gathered through appropriate techniques from locations such as outcrops, trenches, pits, workings and drill holes that are spaced closely enough to confirm both geological and grade continuity.
As a well know poster on another BB its time to sit on your hands for the real gains here. The temptation is to cash in particularly on pull backs or whenever the doubters appear. For real gains an real money sit tight if you don't need the funds now.
Half of my shares were from the 0.06p days in 2015 through TD Waterhouse. My next purchase was in 2017 where I got 394,000 for £1000 at 0.25p. My last purchase was around 16p. I think thats it as regards buying more as I would be paying around 330 times my original purchase price. My wife has said to me quite a few times over the years why don't you sell a few. I have never been tempted.
I did the same with SOU when she was telling me to sell a few around 90p. I still have my 28,000 holding of SOU that are now around 1.6p grrr. You can't win the all but fortunately my loss there is dwarfed by the gains in GGP.
My first 10 bagger, 100 bagger and now 380 bagger and still not ready to sell. The outlook keeps changing so i'm here to stay like so many others on this BB. Massive thanks to Paddy and many others for helping me reinforce my conviction to see this through.