Charles Jillings, CEO of Utilico, energized by strong economic momentum across Latin America. Watch the video here.
This is self-explanatory, today we have received partial results if something that is going to turn out to be much much bigger, shares can go up and down for different reasons, what is said here is that there is load of gold & copper still to be added to future MRE, brilliant results
Havieron Exploration Potential
The Inferred Mineral Resource is centred on the South East Crescent and adjacent Breccia including a portion of the
Northern Breccia and represents a lesser percentage of the currently identified mineral system footprint
(approximately 650m x 350m), with the mineralisation open in the South East Crescent and Breccia, North West
Crescent, Northern Breccia, and Eastern Breccia. The Inferred Mineral Resource is reported within an envelope of
sufficient drill density and above the cut-off.
Within the South East Crescent and Breccia region, mineralisation remains open at depth in high grade shoots as
demonstrated in previously reported HAD065W2^^ which included 120.7m @ 9.3g/t Au & 0.18% Cu from 1349.3m,
including 26.6m @ 34g/t Au & 0.23% Cu from 1384.4m. Growth drilling in calendar year 2021 will focus on the
extensions and definition of the identified zones external to the current Inferred Mineral Resource
https://www.londonstockexchange.com/news-article/GGP/mining-lease-granted-at-havieron/14681684
this is just getting an one way street towards the ??
Following the vain of pessimistic post in these recent day's, we should consider
1 GGP has reported 9 consequitive positive results of high grade good and copper
2 An second breccia has been discovered
3 Application for starting the descent mining has been applied
4 Scally drill results will be available soon, very possible that they will be possible
5 Havieron is world class top finding, NC not making it more evident in there report stands to show, that they do not want GGP SP to go up too much and brookers are downgrading NC for lack of gold output, Havieron is the diamond in the mud
6 The SP doesn't match the true potential of GGP , but I strongly believe that it will pick up soon because GGP has Havieron and Havieron is going to be huge,,,
hold on to see
have a great day
they have 3 trillion on paper, I lived in Shanghai for ten years, rumours are that most of those USD are out of China , either invested in one belt on road or simply Hidden, China is building up gold reserves like no other country 16.000 ton official data, anyway time will tell , all im saying it's going to play in favour of gold commodity prices
Havieron based on all the data well presented in this chat and on other platforms I would say it's easy that it will become tier one mine with estimated 18/22 million onces if not more, Newcrest will probably buy up to 90/95% of the mine , and will then proceed to a second phase of the business relationship with GGP to develop Scally, which is very possible to be bigger find than Havieron and the terms will be more favourable for GGP, SP will only consolidate , and become less volotaile in time reflecting the business.
we are going through exstrordanary financial times the USD will keep beeing the world's currency however China has no other option than to build up the good reserve's having no swap line with the FED they have no other option, this and other geopolitical unstable scenarios will push gold to unthinkable prices, to concluded based on the above mentioned thoughts I feel that SP in 24/36 months from now will be well over £ 1.50 to get there there will be ups and downs but gold is gold and we have access to approximately 36million onces between Havieron and Scally :-)
Havieron is 47km distance, which is nothing compared to the gold that will be taken out of the ground, the transportation between Havieron and Telfler possibly by other means than trucks, industrial conveyor belt systems could be put in place, that connect the two sites making one site, the fool thinks like a fool:-)