Member Info for Impecunious2

Hi, Bigminnow. If "Gervaise" is spelled with an "e" at the end (which is how his name is given on the company website and the press releases), then the "s" would be pronounced in French, as in "mauvaise fille;" which means Andrew Scott's pronunciation is correct, and Shaun Day's is not.

Hi, Mapp. I'm not sure you're right about "without much talk." GGP had more than a thousand posts, last Thursday. And there's some ramping there, too.

Hi, Stebo. I hope you're right.

I think not, because a good morning is usually followed by a disappointing afternoon.

I hope their mining and commercial skills are better than their English language ability. It astonishes me that such a supposedly great company can't be bothered to employ a native English speaker to edit the English version of their website.

Hi, Professor. Thanks for the excellent posts.

Hi, Zoros. I'm sorry to say that I don't agree with the last sentence of your 13.43 post. If GGP can see it through to production and a steady stream of revenue, without any dilution of our shareholdings, that seems to me an excellent thing. We could transition to the FTSE 250, which would allow many more fund managers to buy in, and still continue exploring.

Well done with this, hydro.

Hi, Jerry. I'm not sure you're right about that. The very fact that people contribute their knowledge to this billboard shows that there is an element of co-operation. And much depends on the character of the CEO. Obviously, I'm not going to be loyal to a company, if I think the man's a shark. But if I think he's honest, and doing his best for the shareholders, then I do regard selling as an act of (minor) treachery.

@dgr1980. No, never.

Hi, once more, LZ. There's a third factor, which I forgot to mention. If one has a holding outside one's ISA (as I do), eventually the capital gains tax becomes so enormous, that one can never sell (except in small amounts of £12,000 p.a.). I am now resigned to the fact, that that part of my holding will be sold posthumously, by my executors.

Hi, LZ. There are two ways to hang on. One is to be busy doing something else (I was teaching myself), so that you scarcely notice what's happening. Another, is to be very old-fashioned, and say to yourself, "well, I can't possibly sell, that would be letting the side down." Hope this helps.

Nice piece of wit, Oilmonkey.

Hi, Jet. No, we have nothing else to do, because we've all retired on the profits of GGP. The billboard is now a collection of Bertie Woosters.

Hi, Dodge. I agree with the sentiment; but perhaps not with the vocabulary.

Hi, Sharetrader. I liked your reference to Joseph Fritzl's basement. Made me laugh a lot. More seriously, Gervaise H (CEO of Greatland) would never allow himself to be filmed against such a backdrop. If one's a CEO, image matters; one has to project an image of success, in order for the company to become successful. If Brad George is unable or unwilling to do this, that counts as a significant liability.

Hi, Phoebus. I agree with you that Newmont's holding of 18% is an excellent reason to buy into OMI. It's also a reason why OMI will not follow the path of GGP. OMI will be taken over, probably at the time of the pre-feasibility study; GGP will see it through to production and revenue. All in my opinion, of course.

Hi, Mr Positive and MEM. I'm not a geologist; but Brad George says in the webinar (11.09 minutes in) that La Cejita is probably porphyry; and he has already said (4.52 minutes in) that porphyry contains very low grades, which are often uneconomical to mine. "Of more interest to us," he goes on to say are the veins, i.e. the other four sites.

Thanks for this, Timbertrader. Maybe he read my post. I live in hope.

It's a good day for the market makers. They must be making a lot of money from the huge volume of trades.