Member Info for gymboy

Just looked on ADVFN at the buys V sells. Misleading as usual as many buys at 22.5 and just above are actually sells with buys going through at around 22.75. Usual games I suppose. This is quite a narrow spread in real terms for GGP.

One of the reasons gold has retraced is because of the yield on the US 10 year bond. That went from 0.8 in October 2020 to 1.72 recently. It is now falling (which is good for gold) and has fallen from 1.63 this morning to 1.55 now. The further this falls the better for gold. Long term the US government cant afford a high yield on the 10 year bond.

Perhaps ring your broker and do a bed and breakfast next time. Doesn't really matter what the SP is the two trades will have a slim margin.

Yes there is certainly a shortage of shares. In a market when there is a shortage the price goes up when there is an abundance the price goes down.

MM's are not acting like MM's today as I can't get a price to fill up my ISA. The system is rigged and I won't have anyone tell me otherwise.

US 10 year bond up and Gold tanking $1679. Something is going to go pop soon. The US cant afford inflation on the trillions of dollars of debt. There is an almighty storm brewing and we know where the save haven is.

Yellowstuff- That turned out to be a good top up 5 mins before that RNS. Happy days onwards and upwards.

I have been in GGP since 2015 and followed the ups and downs along the way (mainly up) I have bought between 0.05p yes a 1/20th of a penny and 34p. I have bought all the way down from 34p s funds become available. Just added another 34711 shares. As a long term holder I have seen bashers turn up on a fairly regular basis over the last 6 years. I suspect their work here will be done shortly and we carry on the trend as if nothing ever happened.

My theory on all this is its good to buy when the bashers have done their work and got rid of weak holders or people who need to sell for whatever reason.

Good luck to all long term holders. I think we will be triple this SP by the year end and who knows what as the gold comes out of the ground and just whats underneath all the other fields is discovered.

Medium term to double your money from here but look long for the big money in this stock. GGP is a safe haven from events that may happen elsewhere.

MM's make there money when the SP is moving up or down. Its in their interest to have movement in the SP. Some MM's are on the offer, some are on the bid a few are on both but will only trade when the SP suits them obviously.

I keep topping up but feel many are waiting for the 6th April to top up into their ISA's. Could be a few £20,000 (full ISA allocation) in early to mid April.

I have noticed that during the first 30 mins there are a few sells that cause the SP to drop. A 100,000 here and there and down we go. However during the days there are a lot more buys than sells but that doesn't push the price back up as the trend has been set for the day and its going in the direction the MM's want in order to fill orders at a lower SP. At times its hard to buy and you can't get a quote when the spread is narrow.

Thoughts anyone.

Does anyone know what time UK the rebalance is annouced?

Does anyone know what time UK the rebalance is annouced?

Gervaise Heddle- A man of conviction who believed in GGP and was always open and honest with shareholders and the market. No games, no releasing information to suit the larger institutions. A fantastic deal with Newcrest that enabled GGP to move to the next level and generate value in the assets we have. An honorable man who stood out amongst his peers. I am sure Gervaise will be remembered by many in the mining industry and by PI's invested in GGP as the many who helped changed their futures.

I wish Gervaise and his family all the best in whatever venture he takes next.

Gymboy

Over the last few weeks everything has been done to limit the buying whilst encouraging selling. When the manipulation ends the spread will be a little different. For those who think the price isn't being manipulated you need to get into the real world.

There is a reason for this manipulation but none of it is based on fundamentals which is why so many LTH just sit these dips out and ride the waves.

Greb

I am not sure a time has been given. I don't think its live I think its a video. I would imagine it will be after the Newcrest results and any comments made about Haverion from Sandeep Biswas. I could be wrong on this but thats my understanding.

The drop from 37p to 22.5p has cleared a lot of weak holders. There will be a few that bought between 22.5p and 24.5p who will sell once they have made their 10-15%. The cull of weak holders is done for now it seems. I was fortunate to sell a few Shanta Gold and top up here. I will sell the 70000 shares around 30p ish and put that money back into Shanta to keep some diversification in my portfolio (not much 90% is GGP) but that's the reason for having money tied up in other stocks.

GGP is medium to long term hold for me now but this is my 6th year here.

Said I wouldn't do it as I have enough but why not. 71324 at 22.42p the price is madness for a tier 1 asset

Nothing wrong with Colin having his opinion.

Having been here since 2015 there have been lots of Colin's. The SP has dipped 20% or more too many times to mention in the last 6 years. However back then the SP was 0.06p and has gone up 450 times. When it went from 0.015 and dropped to 0.01p I held on and so on and on and on. Look at the chart over the last 5 years and rest easy at where we are now and where we will be in 6 months, 12 months and 18 months. This share has changed my life so I really don't mind Colin having his opinion its just different to mine.

Too many stocks have a false valuation based on unknowns or potential.

GGP SP is based on established facts and massive potential for further value.

All the foundations and initial blocks are in place for building a portfolio of tremendous resources. The resources we are discovering now will also be far more valuable in months and years to come as the value of Gold and Copper increases.

To all holders who can hold, relax and enjoy the warm blanket of GGP and watch this company continue to develop.