Member Info for igrowmoney

Wish I had come the other night so definitely! Would be great if the SI Capital guys could make it again too.

I'm loving the rises but slightly confused as to why.

Yes a big seller who was keeping a lid on the price has gone - but we don't really know what is going on with Lenovo, yes we have a tie-in with them but what if the product is not selling.

Everything is all potential, surely we need facts and figures or perhaps these big sellers are privy to info that we smaller pi's do not have yet?

We were doing ok today until after 3 then a major dip, must have been some event, mini-budget?

Anyone got a theory?

Was thinking about picking up more but may hang fire.

Why on earth is this not an RNS?

Seems to lend credence to the suggestion that Al Sisko does little to promote the companies achievements - hence the poor share price relative to companies possible real value.

This is confusing me and I wonder if anyone can help? How does this work.

It looks like if I buy now at 7.5p I instantly lose 25% because of the spread!

Is this normal?

I understand if GPM goes up (which I expect) returns can multiply quicker here?

But if the GPM price is below 46p in November I lose everything?

People are talking possible ten baggers here but how does that work?

Why would the price shoot to 75p from my purchase at 7.5p? Presume this is something to do with the calculation in November somehow?

Do I need to hold until November or can I sell anytime if price moves up quickly?

Thanks for any help.

This is confusing me and I wonder if anyone can help? How does this work.

It looks like if I buy now at 7.5p I instantly lose 25% because of the spread!

Is this normal?

I understand if GPM goes up (which I expect) returns can multiply quicker here?

But if the GPM price is below 46p in November I lose everything?

People are talking possible ten baggers here but how does that work?

Why would the price shoot to 75p from my purchase at 7.5p? Presume this is something to do with the calculation in November somehow?

Do I need to hold until November or can I sell anytime if price moves up quickly?

Thanks for any help.

I'm also in GGP and bought a small amount here recently - no, I don't think you are too late.

This seems less risky, a steady grower we all hope.

Eric Sprott owns a good percentage of company, think 12% - a good sign!

I see a lot of chatter about price was 170 not so long ago but a lot has changed since then!

We need to be in the present. I'm considering investing but surely this is sentiment driven - in other words going forward now we will see constant massive job losses.

Surely any gains will keep being pegged back as our human emotions will be to panic?

Can anyone argue the fundamentals i.e. profits will be enough to overcome this and drive us back over £1?

Quick summary:

For:
Some people believe Tern's investments are worth way more than the share price reflects.
Once one business sold value will be seen and share price will rocket.
Did I read somewhere some astute US investors here from the start?

Against:
Management seem to constantly disappoint, do they care, they earn big salaries regardless.
Placing after placing (although you could say money raised helps build these businesses so not a negative)
These companies do not produce great cashflow hence people are wary.

This seems too good to be true, possible high value tech companies and the share price does not creep up accordingly. If they were that great surely the price should have gone much higher by now. Why not? What am I missing here?

I wish I had the funds Goda, fully invested elsewhere otherwise would buy more here.

Someone asked why the drop - to me because opened in Canada down - and surely we follow them - in Canada it is PGM.V ticker symbol.

Although not sure why it has opened down as thought gold price was going up - Eric Sprott owns 12% of Pure Gold - he thinks gold price is going up and more institutions are going to want to buy in to gold companies - this is massive for us long term.

I will be buying more as soon as I can.

I'm delighted with this share, I only bought a week ago at 84p.

I can't quite work out why it is rising so much more than any of my other gold related shares, apart from them being ahead of schedule and making steady progress. Great communications from the company.

Sounds like they don't know how much gold they have no their land so plenty of possible upside. Big question is should we buy more at this price or has it got ahead of itself.

I’m thinking about buying in but just wondering if longer term holders who know this share could offer some informed opinion.

To me this looks like a good short term trade because I gather there are some major name buyers and therefore little free float.

I did read the CEO sold shares not that long ago (start of year approx) for 1p so that makes me a little concerned about buying in at 7p.

I’m looking for the USP here - there are plenty of tech stocks and many of them in VR, education etc.
Why are the big buyers (Akers etc) here? Just a trade or is the tech potentially unique and a major under the radar opportunity at an early stage?

And just because Lenovo bundle some software with their hardware doesn’t mean it WILL sell anything and bring in revenues which is ultimately what we need to drive the price up.

Any thoughts?

Good info Hydrogen, although sadly there are enough sellers to feed this big buyer, otherwise surely by now we would have moved up with the price. At some point we need some bigger buyers coming in, there is enough info and hype out there by now surely.

"Newcrest wouldn't have drilled a hole that far out on a whim."

Surely they have to drill holes in all sorts of spots to see if the gold extends that far? At the end of the day, it might come up with nothing in which case they move the drill and try elsewhere. Obviously there is more science to this but ultimately nobody knows what is underneath the ground. Why is this any more significant than any other drill hole?

Been doing a lot of research today, current Greatland Gold holder, really like the look of this one. I see the price has risen a lot over the last month, I need to raise some funds to buy in. Are there events coming up soon where I should get in beforehand? Just trying to gauge if the price might plateau a but for awhile or if there is a reason to get in ASAP?

Did consider some Australian companies that border Greatland Gold but think I prefer this to diversify, like the fact they are pouring this year.

Thought to buy into any of the neighbouring companies that border GGP's land? Artemis and Antipa seem best placed, also read scandi vanadium are close by too.

I know people like magictrades have an idea of the geology, surely it makes sense the gold continues out of our reach?

I like what takenorisk has posted - they are saying there is going to be 20% dilution of our existing shares so really the price needs to stay at 36p to stay level - so unless the price goes a lot higher what is the point of taking up the placing shares?

Am I missing something? I thought placings were meant to be at a discount otherwise what's the point.

Don't go back to FARN Zen - everytime you show up the price goes on a nice run. How do you do it?

Disagree slightly - Alaistair Smith himself said BAMS news could come before LFD, I think this was pretty much expected having said that Myles is bound to be more in the know than us private investors.

Was thinking about topping up a bit more - price obviously surged due to Sprotts wanting in. Are they in and done or are they continuing to increase? I guess if they have finished things may even out pending next news.