Member Info for Jerryspaniel

There is no real logic to step out to miss. If the mineralisation were to end just by the horseshoe they would end up drilling a load more dusters just to get back to the horseshoe. No, there had to be positive reason for putting that hole there while separately building the horseshoe (hopefully into an oval).

China is coming out of the virus shutdown, or at least thats whats reported. They need a lot of copper for their domestic economy, and that economy will be boosted big time by the govt. I wonder where they will get the copper from with so many mines closing? I think copper is pretty cheap at these levels. All IMHO, naturally.

Surely if we produce it internally, we wouldnt need any? ;-)

The NYSE floor is to close, but the exchange remains open, for now.

Agree tigger, thats my pref (and slightly more likely!). 20p buys a lot of loo rolls.

Mercedes you missed out
Goliath biggest gold find in history and just after that
Greatland bids for Newcrest!!
;-)

Hi speedy. I know it’s a little irresponsible but we can dream. I am sure there is a mathematical calculation that could get us to £2.50 but it’s probably got a less than 1% chance of happening!
I bet there will be a few who will go to bed and wonder what if........

The probability of the ggp drill campaign hitting something big should be low, as a hav sized deposit is like hens teeth. But with 100%, this drilling campaign doesn’t have to hit massive deposits as all will be additive to telfer and its long term future.
After hav anything will be pretty exciting especially as there is v little cover so economics should be fantastic.
More hav type discoveries and we will be nearer £2.50 than 25p :-).

Absolutely SaS. The market for these assets is priced in us$ so if and when a deal is done it will be priced in that currency. It will then get converted to a £ equiv at the going rate. The only part of the transaction that will be in £ is the last bit when the company returns money to the shareholders, if that is what they do that is. Obviously none of ggps biz is conducted in Sterling, except the cost of the biscuits at the agm!!

Welcome back! You must be slipping, because I understood at least half of that! Marvellous.

Anyone heard from Observer of late? Miss his unfathomable posts, but always fun trying to work them out.

Plus the value of the gold has gone up 10% thanks to the £.

I think 20% plus an upgrade will be great, not that it will affect the sp. I would be happy with 10%.

They have repeatedly said that MRE3 isnt about more tons so much as moving it from inferred to indicated.

I would swap any amount of 'civil liberties' for a vaccine/therapeutic cure.

Obviously if we get a nice fat HG zone that will vastly improve the economics and equally improve the value in the ground. So say $3-400 for the HG could bring the average up to say $250, and with cable collapsing that gets us to a much higher sp value. (You can play around with the numbers but the essence of the point remains the same).

Commodities priced in $ and shares priced in £. Every little helps.

its all on their website.

Not only that tymers but I am not that bothered with replies to him either. He is nicely filtered away. Suggest everyone does the same! Then he will have no oxygen.

Tymers I absolutely would not accept 6p plus 2p or whatever. I haven’t played the grand old duke of York with this share to cash out at a fraction of what I believe is it’s value. There is no reason why we shouldn’t get full value whatever that is if we wait and I believe that NC will behave responsibly to the junior sector.