Stephan Bernstein, CEO of GreenRoc, details the PFS results for the new graphite processing plant. Watch the video here.
You do need balanced views on the boards however it’s better if they are backed up with substance.
I’ve been topping up monthly and building a nice holding.
Sadly some people have sold and are nursing there loss.
This has all the hallmarks of a multi bag.
Two majors involved
Drilling in areas of safe legislation
Gold prices set to soar
Other valuable minerals like copper to exploit
Fully funded
Looking at additional licensing prospects.
Experience board experts in there field
Many locked in at higher prices
Low market cap
Low free float of shares
Area rich in minerals
Drill results sparking additional rigs to be fast tracked
I’m holding for Gold
We all should have taken profits I’ve been on these boards for ten years and and still learning.
I sold Ggp at 2p and 10p good profit but missed the jack pot.
I can see a similar pattern forming here.
Nothing has changed and hopefully our market cap may one day equal Ggp.
1. We have not one but two majors on board.
2.Historical drilling produced world class grades.
3.Gold will rebound soon once the world faces into the massive debt.
4.Drilling in now safe legislation areas.
5. Many now locked in higher.
6. Not many shares in free float.
7.The last drill results generated activity that instigated a further drill to be commissioned.
8. Other precious metals that are growing in value to be exploited.
Hopefully we will bounce off this valve I’m continuing to buy 450 pounds worth a month worked well with Ggp.
I’m still buying up to 30p I did pause last year.
Just been reviewing a few articles from the professionals like detailed below.
Between the announcement of a new incoming CEO, and a price upgrade from Berenberg, Tuesday has proven to be an auspicious day for Australia-focused metal mining company, Greatland Gold (AIM:GGP).
Investment bank, Berenberg, noted that GGP’s maiden resource of 4.2Moz on a gold equivalent basis was ahead of it prior projection of 3.75Moz for the company’s Havieron project. This, it said: “demonstrates the deposit’s exploration potential. It also makes it more likely that Newcrest Mining, which is set to earn a 70% interest in the project, ultimately elects to move forward with development with a prefeasibility study guided to be completed by the end of 2021.”
Berenberg added that it had updated its price valuation: “to account for the maiden resource and exploration results that, in our view, suggest a materially larger mineralised system than we had previously envisaged and we now ultimately expect a deposit of 12.5Moz to be delineated based on the current drilling (versus 5.5Moz previously).”
Based on the average EV/reserve ounce for Australian mid-tier gold miners, and assuming a 50% profitability weighting, the bank have decided to upgrade their price target on Greatland Gold shares, up by 50% from 22p, to 33p apiece.
So still a great buying opportunity here.
It’s amazing that some people don’t understand how these options are executed.
As a result of the exercise of options and the sale of shares, noted above, Mr. Sarroca has increased his shareholding in the Company by 68,334 shares. He now holds 168,334 shares in the Company representing 0.09% of the Company's issued share capital.
That’s the bottom line.
GLA
It’s not often you get successful aim stocks my watch list is riddled with companies that have gone out of business of the last 10 years.
Funding joint ventures are always key.
All these were penny shares only a few really successful companies.
Some have changed name like REM.
So really take time to research.
I only have Lloyds on that list but did hold some of them for awhile.
GLA
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Ticker Mid Chg Pct Tools
BIOM 205.00 5.00 2.50% Remove BIOM from watchlist
CHA 0.00 0.00 0.00% Remove CHA from watchlist
CRND 0.00 0.00 0.00% Remove CRND from watchlist
EDL 38.00 0.50 1.33% Remove EDL from watchlist
EOG 1.325 0.00 0.00% Remove EOG from watchlist
FRR 0.00 0.00 0.00% Remove FRR from watchlist
GGP 21.875 -0.125 -0.57% Remove GGP from watchlist
GKP 176.40 -0.40 -0.23% Remove GKP from watchlist
LDP 0.00 0.00 0.00% Remove LDP from watchlist
LEG 0.00 0.00 0.00% Remove LEG from watchlist
LLOY 39.645 0.31 0.79% Remove LLOY from watchlist
MAGP 0.00 0.00 0.00% Remove MAGP from watchlist
MTV 0.00 0.00 0.00% Remove MTV from watchlist
ORE 0.00 0.00 0.00% Remove ORE from watchlist
PTCM 0.00 0.00 0.00% Remove PTCM from watchlist
RBS 0.00 0.00 0.00% Remove RBS from watchlist
REM 0.00 0.00 0.00% Remove REM from watchlist
RMP 0.775 0.00 0.00% Remove RMP from watchlist
RRL 0.00 0.00 0.00% Remove RRL from watchlist
RRR 1.025 0.025 2.50% Remove RRR from watchlist
SCLP 25.00 0.75 3.09% Remove SCLP from watchlist
SLE 36.00 -1.00 -2.70% Remove SLE from watchlist
SOU 1.35 -0.05 -3.57% Remove SOU from watchlist
SQZ 119.00 -0.40 -0.34% Remove SQZ from watchlist
SUMM 0.00 0.00 0.00% Remove SUMM from watchlist
SXX 0.00 0.00 0.00% Remove SXX from watchlist
THR 0.84 -0.01 -1.18% Remove THR from watchlist
TOM 0.465 0.035 8.14% Remove TOM from watchlist
TRP 0.39 0.00 0.00% Remove TRP from watchlist
XTR 6.30 0.60 10.53% Remove XTR from watchlist
On my opinion the drill results have reduced the risk I’m sure the leading gold producer with experts in there field know more then us.
The extra rig the clue.
I’ve been buying like I did with GGP for 5 years 450 ponds a month.
I will buy up to 50p.
GLA
https://www.bullionvault.com/gold-news/gold-price-forecast-020420211.amp
86 post 72 in last 30 days only two on omi both with no facts posted.
Columbia has government backing for mining.
Two of the world’s biggest gold companies involved.
Record breaking essay results.
Fully funded for further exploration.
JV to cover exploration costs.
Low market cap.
Newmont a big stake holder so shares are in sticky hands.
Many locked in at higher prices.
Gold outlook bullish.
Gold production down world wide.
All the perfect storm.
GLA
I can’t see any shorts for GGP they have 11millon pounds worth on loan.
Always a good sign .
I always look at the 12 month chart also if major gold funds with experts in there field are buying here they know better then me.
Hopefully news soon and we will bounce again.
GLA
I’ve been treading these boards for ten years and investing longer.
I sold too many at 2p and 10p as needed funds and I got spooked due to SXX fiasco.
I was buying 450 per month on Hargreaves regular saver in my Sipp.
I stopped buying at 30p but now just set up new instruction at these prices.
This is now in my opinion a good 5 bagger.
Gold prices will rise when the world faces into chronic debt.
Gold production as been dropping.
The programme is accelerating at pace.
Future exploration sites still to be exploited
Production in the future creating a revenue steam.
Drilling in safe legislation areas.
New CEO who will want to make his mark.
So I will continue to add monthly again up to 30p.
Invested since 2016 so few more months crests only more buying opportunities.
Managed to buy more yesterday 450 pounds worth I have been buying monthly since 7 p so building a nice pot .
Also sold a few other shares to increase my holdings.
I did the same with a regular investment in GGP since 2016.
Sadly sold over a million at 2p and 10p that were bought below.68.
Not making the same mistake here still have a nice holding there.
My experience with SXX from 7,5 to 40p unnerved me and then back to 5p.
I’ve set higher targets here .
Low market Cap
Drilling in now safe legislation areas.
Experience board.
Minerals growing in value .
World gold production falling.
Fully funded.
Market leaders on board.
World class essay results.
GLA
This is not UKOG we have two majors involved fully funded products that are growing in value not reducing like hydrocarbons.
World class drill results and the world’s leading mining company involved.
Low market cap with limited free float.
Great opportunity below 40p my cut off price for buying.
GLA
Just had notification of Newmontd quarterly results to be published on the 18th February.
I’m sure there will be plenty of news to report and a strong balance sheet.
Hopefully OMI will one of the highlights I’m pleased with my years return on Newmont has them before I bought in here