Member Info for HungryBadger

It was mooted before it happened that the cross listing would add another layer of volatility to the share price, but at the end of the day we've got a billion Aus Dollars in the bank and we're sitting on two 100% owned gold mines with the funding to fully exploit them. Make your own decisions people.

Forgive me if this is a stupid question, but is a company with a relatively low share price and a butt tonne of cash in the bank a ripe target for a hostile takeover from, say, a large company that may already be accumulating shares? At some point does that wealth make us a mark? It doesn't seem healthy for a business to have that much cash lying around. At some point either an acquisition or a dividend must be tabled.

Gold up. Almost a billion Aussie dollars in the bank. Excellent news. Share price goes down. Welcome to the whacky world of GGP.

@Doublehun You mean Carney, a man who has worked in the top levels of international finance all his life, was "involved" in a fund ran from a foreign bank. That's not particularly illegal or seedy or dishonest. All you've done is repeated a GOP piece of innuendo from Fox News. Thanks for passing that on so we don't have to watch that cess pool of lies ourselves but to be honest you may as well not bother. It just makes you look as stupid as the MAGAs.

@Droverman. Trump got nothing except driving the US allies away from them and making sure NOONE trust him from now on.

The US could already station whatever troops they wanted to in Greenland. They have now demanded to defend Greenland with whatever troops they wanted. The truth is Greenland was already defended by NATO troops. Troops that are trained for Arctic conditions and supported by planes and ships that are built for the Arctic. The US has very little of these assets but will now have to build and train like crazy. This will cost the US extra billions and give them nothing that they couldn't have got for free by asking.

The US has been given no access to rare earths and minerals that they didn't already have.

The US has been shown to be untrustworthy - this will take decades to fix even after the orange puke stain dies.

Trump has shown himself to be weak - like all bullies are. The mask has slipped.

Doublehun. Do you feel like telling us what law of which country Carney has broken? Or if not a law then what political rule has been breached?

Just saying.

The question should be "Do I need the cash right now?" If yes then enjoy the windfall. If not, then welcome to the whacky upside down logic world of GGP share ownership. You'll laugh. You'll cry. But enjoy the ride.

I see Time2BuyNow has already been banned from the GST board for persistent ramping.

I'm too far away to make it today, but I would like to take this opportunity to declare Bathams the (un)official beer of UK GGPers.

If there's a similar drop size drop the green binners wake up and start posting. I've always wondered why.

So we're getting a coach going for a Batham's Eight when the share price hits £10?

@Quepensa @CmonYouBeauty I'm currently living in Barnt Green. I used to live near the Seven Stars in the 90s - drank loads of Bathams there. Used to go up the "Bull and Bladder" sometimes too.

@Quepensa Chaddsley Corbett would work for me. Does the Swan Inn still server Bathams?

strange, but the only people i've seen being called out for "hurty words" has been for either racism or inciting political violence. will gladly look into any other examples people highlight though. but as for the share price, then yes i agree with the "wtf is going on?" sentiment. we are quite literally sitting on a ******* gold mine and sleeping on a mattress stuffed full of cash. i can only hope that this price holds for another week until i get next months sipp money.

I think by the time gold reached $17000 a loaf of bread will cost you that much - assuming you can fight your way past the warring post-apocalypse tribes to get to the last bread shop.

I'm all for future dividends being paid out with little bags of gold dust. :)

"I say we will and just bought another 19999 shares for the thrill of it all"

You've just exploded my OCD. I'm unable to buy shares unless I can do it to the nearest 1000. It get's very expensive sometime. Meanwhile, how about an acechaser special close of play on Friday price anouncement?

@Lokiloo GGP If there is bad news then GGP goes down. If there is good news then GGP goes down. If there is no news at all then GGP goes down. The share exists in back-to-front-land. What makes it go up is a freakin' mystery.

This isn't a new idea. I've been reading about this since the 70s. Every few years someone pipes up and says it's going to be a thing. Currently the maths is that you can use £1500 worth of mercury to create £100 worth of gold if you also input a sincerely monstrous amount of energy. I think you'll own a flying car and work on the moon before we get to the point where we have free gold.