Member Info for Jerryspaniel

Its not really a 'camp' is it? Just a few trailers and rig. All of which they will need at PRE. So they couldnt have really left anything behind, and why would they? All getting exciting....

GDXJ is an ETF not a bed wetting PI.

Bernard. You haven’t learnt much about ggp in three years have you? Hydrogen is wrong with his comment almost no chance.
It’s absolutely no chance plain and simple.

Afternoon Tig. I have a reasonably large investment in merian and have spoken with their team a few times. Ned is a good guy and plays the gold/silver spread plus the miners vs bullion quite well too. I recommended they bought some ggp about a year ago. They said too small. It isn’t now!!

Rick Rule/Sprott are obviously idiots. Why would someone with all his knowledge skill and track record hold 17 times as much GGP as Solgold? He clearly knows nothing cos I only have 8 times as much. ;-)

Its great to hear everyones extreme political beliefs. Helps me to decide who to ignore and who to filter.

Brilliant Schlemiel. You are a great leading indicator.........

Jambo, thats what the convos are about atm. I think its more a question than a statement atm, but its very exciting to be a question! One for the geos I think....

Mushy I hope you took the opportunity in your best French to tell your audience about havieron and the 4 zones.

Evening Tig. What a wonderful evening it has been. I was going to sell a few at 30p. Not any more. This has got Mickeys target all over it.
I can imagine which of the gang you are missing most.....

JJ. Welcome to the board. There are a few of us who live in Gods county! Mid Sussex myself, though came from a house right on the beach in far sw of the county. If we are ever allowed to socialise again I am sure we could arrange lifts to tiggers bash. Also a solgold holder and seen you over there too.

Afternoon addicknt. I dont hold as much as I did, but havent sold any for a month or so.
Think I am done now on Solgold, but I have said that before....

Picked up another 400k today through HL. Wasnt that difficult, just left a resting order.

I think that’s an important emphasis Paddy. You don’t talk about gold as ‘tons’, so is this GH telling us it’s copper?? I think so....

Colonel, GGP will have 30%, or 25% if NC take up their option to buy 5% at fair market price. Not sure where or how you get 15%?

My tuppence worth on a Sunday morning.
I dont think that NC are that interested in Solgold long term anymore. They pulled their director, increased their involvement in FdN and have their hands full with many other developments in the assets that they own or are seen as a welcome partner. They do however realise that they have a valuable stake in a company where some corporate activity is likely. So they will hold until there is/are bids and sell out to the highest bidder, or they could become the king maker. So I see them as the least likely buyer of CGP or doing anything that will increase their involvement in Cascabel or Solgolds business. Which leaves the ground clear for BHP. Would NC sell out to BHP? Probably but equally probably not at these prices given what the drill bit is turning up. I think they are more like an investor than a miner and potential owner.
At a price its for sale.

Morning Bamps. I too think that a smallish strategic stake stake in GGP by NC, at a premium to the current market, (say 35p) would be the best solution for those that want GGP to remain vaguely independent for the next few years. This would secure NCs interest in GGP and the local area and give GGP the necessary funds to prove up any deposits that they find. Of course NC did this with Solgold only to find that Mather wasnt that interested in being influenced/controlled by a major. I think GGP and this geography is sufficiently different to make them try again.
For those that prefer a clean exit, the alternative would be a straight takeover of the whole company but I am not sure either party would want that at the moment.
My preference was for the latter, but I can def see the attraction of the former should Scally, and anything else, prove to be commercial.

I used to be covered by raoul many years ago. Nice bloke. Good for a beer. Wouldn’t invest any money with him though. Which is just as well as I can’t stand Bitcoin.

Hi Bamps. That’s an interesting way of looking at it, mind you not one that any analyst uses. If the copper is pure profit, is that inferring that the aisc with no cu contribution equals the au price? Cos I would v much doubt that.
I think we can say that the cu is significant and a higher cu price will help with lots of valuations and calculations.

Aren’t you valuing the copper in the ground at the spot price? Maybe 10% of that?