Member Info for JerseyCrew

Thanks Dimvestor - on a learning curve and whilst I had come across diamond drillling I had not seen it called core drilling before - thanks for the info. I presume cost and time was the factor for not going deeper at this stage?

Just to clarify why i am enquiring about the diamond v RC drill in case it isn't obvious - the 600 meter depth takes us to near the ultimate open pit depth at Telfer (650M) - the diamond drill hole can take us into the territory below for a possible 2nd phase underground mine if there are resources at those levels that are economical to extract.

Hi Dimvestor - would you mind sharing where you got that info please? I know that Newcrest completed 6 diamond holes between 1991 and 2003 at Havieron but i can't find reference to GGP using the same method recently. Given the depth GGP have gone to I have assumed RC drilling but I could be wrong of course.
ATB

https://softrock.com.au/portfolio-posts/telfer-mine/

Of course this has no immediate relevance to our find but it was news to me that Telfer has an open pit and then a mine directly beneath - a possible model for what could happen in the future however?

Elevated gold and copper results persisted to end of hole suggesting the mineralisation continues at depth, which is supported by the results of forward modelling of detailed geophysical data (RNS 14 February 2018).

Just how deep does this find go and presumably diamond drilling has to be the next phase to true understand the magnitude of this find? Anyone care to comment?

I am learning everyday on this share!

ATB!

And for balance potential investors read all the RNS updates over those 52 weeks to add context and an understanding of what material evidence has come to light in that timeframe. Add in a fair dash of sentiment and human nature and then make up your own mind on direction of travel. I endorse your comment on how long you can afford to invest for but that is true of all investments surely?
ATB

to GH and CB for driving this forward on so many fronts in relatively short time and from a well funded position. I am still sitting on a paper loss but I have never been more confident that this stock is going to become one of the AIM darlings that gets referred to in the future as to what can happen.
There are so many projects in play and when they are able to show gold nuggets it will capture the imagination of PI's given the right amount of media exposure. I am not normally prone to making predictions and I said back in January when Newmont decided not to proceed at that time, that Q3 would be the telling time of where GGP was going - it was a hunch at the time but as more and more evidence comes to the fore, I think that my hunch might be right. There are a few interesting plays in motion on AIM at the moment but this is where the majority of my stake is placed.
Gold has had a special place in the hearts of mankind for century's - in these days of hi tech obsessions it appeals to me that this commodity might be the one that creates most value for me in this day and age.
ATB on this lovely Sunday and take a note from the Panama fan's approach - enjoy the small positives in life!

Great endorsement by Nigel Woodford and his team by increasing their stake - others will take note!
GLA

I don't think that they have started drilling yet - this is just from collecting rock chip samples through a thin layer of sand on the bedrock as they try and locate the old drill holes from previous if I understand the RNS correctly. Is anyone reading this more familiar with exploration techniques and can confirm or otherwise?Always good to get an expert to put this into laymans terms if there are any here?

What a great piece of news in todays RNS and rightly so, the start of a re-rate ......Black Hills might prove to be one of GH's shrewdest investments as we look back on how the news broke in 2017

Greatland Gold plc (AIM:GGP), the precious and base metals exploration and development company, is pleased to announce that it has acquired 100% of the Black Hills gold project in the Paterson Region of Western Australia for A$225,000. The consideration consists of a cash payment of A$25,000 and the issuance of 6,500,000 new ordinary shares of 0.1 pence each in the Company ("Ordinary Shares") with an approximate value of A$200,000.

As many have said, so much news to come on so many fronts - I for one am very pleased I stayed on this particular roller coaster!
ATB

I am not sure how you draw that conclusion Mercury from an intraday spike but when the share finished 3% up overall on the day (which by the way represents a 10 fold increase on the footsie 100 percentage increase today).

https://www.jnj.com/media-center/press-releases/johnson-johnson-announces-completion-of-alios-biopharma-acquisition This gives an idea of just what can happen when a major like Johnson & Johnson buys out a company undergoing Phase 2 studies. $1.75B was paid....sounds a lot but J&J had turnover of $70B in 2015 and net income in 2016 was $16.5B ..... the numbers are staggering and consider the MC here presently. J&J's MC by the way is in the region of $325B....and whilst it might not be J&J there are plenty of other heavy hitters out there like Roche, Pfizer, Novartis etc Very happy to hold this share. ATB

Surely today's SP only matters if you are looking to buy or need to sell today. If the latter then you have invested too much and AIM is not the place for you.

Plappers - you might wish to view at least one definition of sustainable in the Cambridge English dictionary: = Able to continue over a period of time..... Everything has a time limit context in this world - that is just common sense. Your argument when taken at it's most rudimentary level is true for almost everything and therefore i would question it's value. I take it that you visited their website to understand their global footprint and why they may or may not be interested in GGP before posting? I understand that you are not being personal with me but with the companies stated aim and I agree that the word sustainable is used far too much in corporate comms that thinks using words like this makes them appear in some way environmentally friendly. That aside their presentation gives some good insights into the majors philosophy and is very similar in tone and style to Newmonts in my view. First rule in any negotiation is to understand the company / person on the other side of the table - it is useful information to investors in mining exploration stocks as you can better judge whether the explorer and the project is likely to meet the demanding requirements of a major or not. Just my opinion for what it's worth. ATB

As we eagerly wait and hope for positive news, it is worth reflecting on the number of large gold mining companies there are in the world - any or many of which will be watching GGP and other explorers with interest - it's what they do. Here are the top 10 in 2017. http://www.mining.com/worlds-top-10-largest-gold-mining-companies-2017/ I started to look at Gold Fields https://www.goldfields.com/pdf/investors/integrated-annual-reports/2017/iar-2017.pdf whose stated aim is to become the global leader in sustainable gold mining ....they already have a number of going concerns in Western Australia ... maybe GGP can help them on their journey ....who knows! GLA

https://lifecycle.newmont.com/development#!s=exploration An excellent presentation from Newmont on the life cycle of a mine. It shows just how complex the decision making process is in moving forward.

Personally I tend to think in quarters as opposed to days / weeks / months - it just helps me manage my own expectations! At the moment I am hopeful for results during Q3 - if anything comes sooner that's a bonus.

http://www.miningweekly.com/article/australian-gold-miners-to-benefit-from-new-technology-2018-05-24 I wonder whether GGP are looking at this new technology? I would be surprised if this wasn't on their radar.

Well done to the BOD - pushing forward on a number of current projects whilst maintaining a longer term strategy of increasing the licence footprint in our areas of interest.

Miker - I am of entirely of the same belief as you in terms of the Newmont scenario and have said exactly the same in previous posts. I think however that GH will go with the best deal available and not be prejudiced by prior actions. Business is business. Just my opinion. Looking forward to the many RNS's to come! GL