Member Info for JerseyCrew

Hi Mercedesman - good to see you here - hopefully we will be able to put our GGP learning to good effect here. Of course when we were in GGP in it's infancy POG was circa $1250 - and we were excited then! It's easy to imagine next year POG around $3K and miners being held in higher regard. We hopefully have a long and exciting journey ahead of us and having Callum at the technical helm significantly improves our chances here. He knows far more now than when he initially found Hav and if we prove to have a similar sized ore body at depth, the template for extraction is right there on the GGP shelf together with costings / timelines / potential obstacles and solutions and of course financiers will be able to easier make investment decisions based on prior learning as well.

If I can state the obvious - the greatest number of potential bags occurs from the lowest buy in cost - and of course that is because at that point there is also the greatest risk. Follow the usual rules - only invest what you can lose and be prepared to wait.

SirJames - hopefully decimal place is incorrect but understand you sentiment. And in the very short term unless we have news on the oil play, it is now going to be sentiment that drives this forward- just news that the exploration has started will give a reason to RNS and pull more attention in. Pure speculation in terms of GH involvement but anything more concrete beit shareholding and or directorship would give an additional huge tail wind. This company has shown they like to bring left of field news to the table - so nothing can be assumed here. I think one thing is bolted on here - if you want excitement over the next 6 months, this is the place to be.

Thanks for the opportunity for more relaxation but enough of me - please enthral us more with how you are going to trade this share and be in front of the average punter - I’ll take notes and promise not to respond.

My advice would differ for anyone looking to invest or take a punt - your first port of call is to review the RNS announcements and the presentation put out last week - but please bear in mind that this company is moving at pace and they haven’t had time to update the fact they have now got 80% of the initial gold license and acquired the 2 adjacent licenses as well. Also familiarise yourself with Callum Bauer and his previous achievements. I have not touched upon the potential oil play but you can read and digest for yourself.

Then if you want start to read the posts here for context and there is a great TG group as well.

Good luck

Thanks Bebeto - appreciated- just my view as you know but give this company 3 months and we are going to be in a hugely different place - just watch ( trade etc).

It really is going to come very good in my opinion.

We are 100% in agreement on that one Ppanchol - too busy with my young family to get lonely and I have mastered the art of multi tasking over the years — having kids with varied interests and trying to still maintain your own is great training - it’s a constant juggle - my time on these boards falls into my little me times. I find it relaxing posting here. Even posting with you believe it or not.

That’s kind you ppanchol - thank you - I hope so too. Yep I have the time and financial freedom to be able to spend all day on here if I wish - courtesy of my investment strategies - I’m a lucky chap and I know it. GCAT is taking longer than I originally anticipated but it will be actually quicker than most mining stocks I have been in over the years, so I’m still expecting to be here to reap the rewards.

I meant to add if there is something you didn’t understand in my post when you ask what can I on about, feel free to ask questions. I have been playing this game for in excess of 40 years - started in the days of having to phone my broker and buy the FT each day to watch the markets. Technology and types of trades have evolved together with the creation of the herd - but the fundamentals haven’t changed that much. So ask away. I’m a patient chap and will try and talk in basics if required.

Ppanchol. You clearly think you can beat the market. You must be very good - better than most here.

Chum - isn’t it interesting that some investors get tunnel vision when trying to recover losses - when there is a big market to chose how to make money, they attach a loss to a specific stock and in their mind that stock has to make amends- it’s an interesting investment strategy but I don’t subscribe to it.

So for those thinking about an initial exit and getting back in lower, in principle you are most probably correct. But here’s the rub - theory and ability to execute can differ. You will not be the only ones with this cunning plan and therefore you are now in competition with the next person with that same plan and if you are reliant on selling to get the funds to reinvest then you have to get out quick and call the bottom - just like everyone else. Typically in these situations the market over reacts and for your plan to succeed you have to get the timing perfect and ahead of the next investor playing the same game. The best way to play the game in my view is to have the cash already waiting - but now you are putting even more money into a stock you don’t like. It’s a conundrum and it’s those that hold good reserves of ready cash that normally make the most gains in this scenario- that might be you of course. I will be watching the movement of the SP with interest.

Bebeto - another thought following my previous response- once we have (yes I’m the eternal optimist) completed the expansion and producing in sufficient volume we will have more opportunities I’m sure for funding including a royalty deal I think, which could take out the previous funding. All possible outcomes that may not end in dilution.

Thanks Folio - glad you enjoyed our beautiful island - you got some lovely weather - even the wind was warming. Reach out if you plan on coming back and we can meet and compare notes. Not a huge fan of the local wine but the estate is a great place for a visit.

Bebeto - valid forward thinking observations in my view.

For what it is worth I think the likes of Orca are hard nosed and will sell any holding as soon as they reach their magic number. A probable drag factor as they off load but much will depend where we sit in terms of production/ JORC resource at that time and the POG to impact SP movement- whatever the impact it can only last so long. A conundrum for traders - a short term irritation for LTHs.

Just my view

Bebeto - I’ve been thinking long term here since day 1 - so have many others and exactly why we have been considered and forward looking in our views. It explains why you have been so negative if you have only been thinking in the short term. No one is trying to influence your decisions - just put into context the negative comments and statements that litter your posting history. Whether you reflect on this or not is of course entirely up to you and whether you may wish to post in a more measured way in future.

Ppanchol - you seem to be ignoring the fact that you are considering taking bites out of this donut which can only mean that you expect the price to rise - how else can you rinse / repeat? You are fixated on this one stock and yet you don’t trust the BoD… you do realise that there are many stocks out there where you can apply this strategy - and yet you want to stay with GCAT - have you thought this through fully??

And ppanchol-so you must realise that if you are contemplating trading here that you think the price is going to rise - otherwise why trade here and not on another stock. It’s vey clear to me that the doom and gloom brigade are repositioning themselves now that they realise they got it wrong and GCAT is not going under and with the POG looking great , this going to be a profitable company.

Welcome to the world of positivity

Bebeto - please please please consider Trademasters recommendation - plenty of other opportunities out there. Why you would ever contemplate reinvesting coming back in is frankly puzzling given your continued issues with the BoD. I can only conclude that you secretly realise that we have great potential here - otherwise why would you put your money back here when there are other opportunities out there? And no you don’t have to answer me - I think you have said it all already.

And our current MC is less than 7m …..

Bebeto - you seem intent on creating a negative picture for your own objective - this s really going to keep you awake at night if you are not careful. Try having a little positivity and have a bit of faith that it's going to be ok. Or I suggest a guard to prevent too much damage from your gnashing of teeth.

Relax....it's good for you.