Member Info for Jambo813

Have to agree with Shlemiel on the financing of public services which all seem led by incompetents In Whitehall who waste billions by not managing major projects and same in councils who think the only answer to problems is more money. NHS also waste so much and that too is down to management. One thing they all have in common apart from incompetence is they are not accountable.
The real panic over Cov19 is they need to get the private sector back to work to pay the wasters / not the frontline, in the public sector.

Nap, my main reason and I know it should not in itself preclude inclusion is we have no income to date and no short term income on the horizon.
I do know the MM s take notice of what’s posted here and they do keep one step ahead of us.
Any underwhelming news will be jumped on and so far we have had a fantastic run. To be honest if there is going to be any negatives then I sincerely hope it will be the GDXJ as will not matter one jot in the big picture.
I fully expect when I post a cautionary opinion to get a bit of flak even with best intentions. It would be tempting to trade on a small pullback but I certainly would not with other news to drop anytime. That’s why I posted hold.
Gla

Expectations from posts this week on up and coming are high, including the discussions on GDXJ.
I honestly think this one is going to disappoint a few and will be the first piece of news we get. Also IMO the MMs have been raising the SP on the back of this expectation as they have more or less traded flat.
I expect if GDXJ inclusion dies not materialise they will pull the SP back, playing on sentiment to pick up cheaper shares just ahead of the NC results and any other news from SW.

Fun, it’s a target and only an opinion at the end of the day.
Albeit a well researched one and risked , patience is the key as always.

GGP
TOM
HMFC

As I thought, this confirmed GDXJ participants can reposition their weightings ahead of the announcement.
So recent large trades could, and I repeat could, be down to GGP being included.
Personally I think as one of the factors for inclusion is earnings being derived in main from precious metals and the fact we have no earnings as yet, then doubtful we will be included.

I am sure NC are just as interested in the SW results a well. They may not be anxious as some here but the early results may be pivotal on their strategy for any move they make for the rest of HAV.

How anyone thinks buying Prim is getting GGP on the cheap defies me. Yes it is their star investment but it’s going a long way to counter the others stocks in the portfolio AND pay all the admin & salaries they take out.

NOt sure if gremlins are at work here. When i log in to chat this week it opens on random VERY historic pages with the then historical bid & offers.
Not good for the heart when you see low single figure quotes

Ignore the for Telfer as it was included in my copy n paste

While NC do caveat the results are from the 23 July quarterly report, the last bullet point in the briefing book is in BOLD.
for Telfer
• Located under 420m of cover, 45km east of Telfer
• Drilling has returned the best high grade Au / Cu results within the Paterson Province
• Some of the better results include:
Drill results as at 31 March 2020
• HAD049: 82m @ 6.1g/t Au and 0.41% Cu incl 34.8m @ 9.2g/t Au and 0.64% Cu
• HAD059: 109m @ 6.3g/t Au and 0.71% Cu incl 55.4m @ 11g/t Au and 0.89% Cu
• HAD063: 101m @ 4.6g/t Au and 0.36% Cu incl 26.9m @ 16g/t Au and 1.0% Cu
• Drilling has defined a High Grade Crescent Zone: averages 450m in length, average width of 20m, and over 600m vertical extent. The Crescent Zone remains open at depth and along strike.
• The Crescent Zone is surrounded by breccia hosted mineralisation which has a footprint of 550m in length and widths in excess of 100m
• Drilling continues to expand the mineralisation footprint – new breccia zone identified

Just as likely the MMs are playing on the index chats as they are rinsing through the sells and buys . If so they will take it back to low 13 range. Just games for now

Hydro, I put my hands up to that one, only went by the title and first couple of lines on the piece that I read up.
I never look to mislead anyone and no ulterior motive in my post .

We are not a miner so I don’t expect us to ever be in this index unless we become one.

Over 6 months !! Well on an intra day , daily basis its very likely to be up down up down (repeat as often as you like) on an upward trend with sporadic booms until Big Bang and we are all out.

The market understands Ggp is an exploration company , they explore and if they hit the jackpot great. That has yet to be confirmed in the context of the MRE. If it is confirmed then greater still. But what happens next ? Mine or not to mine. If they do then II s will be interested, if not then it’s a special div or PU s scrambling to sell 4b shares . Imagine that !!
However , if SW hits gold then something else will come into play

No one ??

The new target is on a risked basis while the previous was on a derisked basis ?

This boosts our DCF-based valuation of Greatland’s eventual 30% stake in Havieron to US$709m from US$541m (unrisked). In addition, we increase our ascribed value for Greatland Gold’s other assets – including the Scallywag prospect on which a new drilling programme was announced today - from US$50 to US$100m based on the significant increase the average valuation of gold juniors in the Paterson province, as well as potential value in the breccia zone which has yet to be included in our Havieron DCF. After adjusting for net cash and G&A expenses, our updated target valuation on a risked basis is US$795m or GBp17.8/sh, up from GBp12.9/sh. In our view, the most significant potential catalyst over the next 12 months remains the maiden JORC resource, expected before the end of 2020. Further increases in the gold price in the current bull market are also likely to have a positive effect on the Company’s shares.

I reckon one of our own will make an appearance before the final whistle. Mickey Svenysxpee.
He’s got the 76 shirt

Perhaps it not very diplomatic as sure our partner does not want a reminder of what they once had. Many of their current shareholders probably don’t have a scoobie of the history and sure NC would want to keep it that way.
Just pondering between the lines as why embarrass them.Lol