Member Info for Jerryspaniel

I take a lot of pills......

I bought in after the second set of drill results about 15 months ago when GH couldn’t understand the sp response. I like asset based shares that go down on sentiment but the assets are still there. Bought into a few false rallies above 2p but bought a lot at 1.60/1.80. Intended on selling some at 2.20 but felt sure it was still mispriced so I bought more and ended up with 37million thereabouts. This was too many and mostly in a tax paying account, so tried to job from the short side into my isas and sipps. This cost me a few shares on the way up and that’s ok as it was sort of planned. Now have about 30m across about 6 accounts, including some starvest which is just about keeping up. I also have a gold and silver fund, a silver etf, Solgold and GDXJ, so my colours are well and truly nailed to the precious metals sector.
May derisk completely at some stage but not anywhere near here. In fact was trying to buy today. It’s a lot at risk but I haven’t spent it yet, so it’s not money, just tokens.
I would love Mickeys numbers to be right, but atm I think we will be taken out between 25-30p. Otherwise I will sell when GH does.
I have had a few good ones over the years but this is my biggest position, my largest percentage gain (atm!), and the one I feel most certain about - which is handy given the size!
I would like to add my thanks to some wonderful posters and analysis. There are one or two people with whom I would like to think i have forged a proper friendship, and it would be good to share a beer with many others.
It’s been a great ride and when it ends I hope we will all have achieved way more than we hoped and dreamt at the start. Lastly I would like to thank GH and CB.

It will NOT be in the FTSE 250 any time soon. It doesn’t meet the criteria. Just be happy that it is in any index.

After quite a few days of big gains it was always going to have a pause. I think this is healthy and the chart will look better for it. A few more days in the 10s and 11s before we hear what Sandeep has to say would be good I think.

You are so right Chippy re responsibility for actions. Well said.

Learner, you should try and watch the two pbs Programmes that were shown last night and details posted on here yesterday. A great intro into the world of gold.

Yes its all rather exciting isnt it? Still trying to view the sums as counters and not real money. I have been trading around a few but still got 90% of what I had. Still think the time to sell is when GH and CB sell and there doesnt appear to be any sign of that. We have good newsflow over the next few months so its a case of enjoy the ride, even the dips.

Mickey, surely you arent still stuck at 74p? So yesterday....

Why post if you don’t want to discuss it. Pretty sad really. Not everything is relative. Maybe Lundin and solgold are massively undervalued. Maybe nobody wants the country risk. But I doubt there are many investors who compare solgold to ggp.

Maybe it’s as simple as the Italian infers. Everyone loves heddle, no one loves NM.

I won’t get into a long debate with you iceberg but to understand ggp you need to understand a lot more about the pilbara, Paterson and Havieron. The latter might be 900 x 900 x 350m. Divide it by two or three if you like. Use your own maths to calc the ozs and price in ground. Then make a decision on its value. Then read the Hannam and numis notes which only talk about part of the hg zone. Then follow and understand the 7 consecutive outstanding drilling reports by Newcrest, which only take us up to feb 2020. Then listen to what the NC ceo says about the prospect.
After all that, compare it to whatever company you like.
Oh and by the way ggp own 60% atm but will be diluted to 30% at the end of the farmin, not 25%. All other prospects are 100%.
Sorry OT, but just trying to clarify something that was brought by someone other than me.

5/8ths. Brilliant find. It’s a great programme and all lths should watch it.

Western Australia vs Ecuador.
Mining in 18months vs god knows when.
A clear plan vs a confused one.
Plus imho the resource at Havieron maybe a lot bigger than some realise.
Not knocking Solgold but they are different companies. Appreciate that Solgolds gross prospects are phenomenal but stuck in the ground and in many cases, undiscovered.
I own both.

Top stuff mickey. Share price goes up 2p and you raise your price target by 14p! By that calc if we hit 30p you will be at £2.

Paddy, do you think that ‘David’ might be a more successful drill hole than Goliath?
I do think it would be good if GH and CB came on to proactive and did their double act about their upcoming drilling programme. Then the share price might go up a bit.

Enough for all of this year and some.
Think I would prefer it if they spent some more on getting extra rigs in as they have lost 2 months drilling time. We need to get drills into all Scally and PRE targets, plus another visit to BH. All before the summer heat.

Back off Academy. Merc has been here way longer than you and has always posted sensibly. Do some research on him before you post such dross.

He is non exec. He won’t be taking any decisions on the direction of this company. I am sure if GH thought he was a problem for the company or the investors he would be gone. Compliant non exec chairman are two a penny. If this is your only concern, then there aren’t any concerns!

Matty, looks like the financial adviser got in ahead of you. Front running the client....

Absolutely, more than happy to come over Godalming way when its ok to do so. Anyone else in Sussex is also welcome to join Max and I at the Sloop in Scaynes Hill.
Hopefully there will be more to talk about on this board about drilling results soon. Otherwise its country pubs and sailing!