Member Info for jptop7

It will take a while to clear this level to 10p but at the rate of buys it will probably be broken by wed . You also have to concider the point that the buyers here will hold for a bigger rise to the low teens imo . The next period of course is famous in the Santa Rally which normally sees gold price rise by 6% and this will be at around our revised MRE will be reduced . I am a gambling man and for that reason im going in a little heavier for the next rise to 16p imo . good luck the long the short and the others .

Great feedback and information , Bamps. I still believe gold will move above $2000 dollars and as high as $3000 within 18months this should revise the gold price in a way which due to the fiat currency being sadly devalued in a permanent stance as real money . This changes the previous predictions imo and they way gold is valued .

Most of the calculations for ggp have been made at $1500 gold its very obvious gold has increased from then its also clear that the MRE and future anouncements will include a greater amout of gold and copper . I think the holders here will be very happy soon . Its also worth checking how gold has increased per other currencys and if the west allows or lose the control of the pog here which looks inevitable and a $2500 gold price is in play by April 2024 which I believe is going to happen ggp will enjoy the benifits . Good luck holders.

Zack thinks we are going to 9.45 in a week or so , I tend to agree Gold is now breaking out as we hit a new monthly high today at £1570 on the way to £2000 relax.

https://twitter.com/i/status/1704509615587623345

The market was waiting for the asx news as a dip would have been gauranteed imo. However the game changer was that being put on hold the savy money knows its going to get to 10p sooner rather than later and we could in this occation see a squeeze as shorts wont like this at all . Time is now on our side with the closing door to get out if your short just moved and noone like to be the last to switch off those lights . I would also say that wyloo may have a very good reason for wanting 10p gives them more options I believe. As we move ever closer to 2024 and free cash flow , rising gold price and a totally different conversation . well done holders its been a tough 3 years.

Correction

Sorry a bit more than 8p

Wyloo will subscribe for 430,024,390 ordinary shares, priced at 8.2 pence per share, totalling A$60 million and approximately 8.6% of Greatland’s shares on issue.

Be cool now we are the small fry here but wyloo know whats what... not advice

Wyloo Metals Provides $120 Million Equity Funding Package to Become Largest Shareholder in Greatland Gold

Wyloo Metals (Wyloo) is pleased to announce an equity funding package of up to A$120 million, becoming the largest shareholder in Greatland Gold plc (Greatland).

In the current market raising funds is not an easy task , they would have went bust otherwise. They now have another chance but I believe this is punt money now at this price I am sure a few will take some out of morbit curiosity . good luck

The value of money is going down the value of gold and its spending power has remained stable for the last 20 years . Do not concentrate to much on the current share price . The Value of our asset is gaining daily in comparrison to the paper fiat currency. Its not by chance the banks have been buying gold the signs are all there to see .

https://www.bloomberg.com/news/videos/2023-06-05/central-bankers-are-absolutely-buying-gold-crowell-video

Bring on Monday re rate on the cards here. .

Https://seekingalpha.com/article/4611749-newcrest-deal-solidifying-newmont-position-as-largest-gold-producer

Looks like the games are now over at this level and the drop after the news was to fill those orders , The sellers will learn from that mistake its just experience . Its not to say they wont do the same the rest of the week but its very likely they will find it hard to get below 8p very soon . I will call 8p the bottom if we hold to Friday . Logic and then the sticky hands will insure we hang around there for a month or so before the next leg up . 9p to 12p and then 17p all very possible before the summer is out . gl all and dyor.

Great post McIlroy . This is all very normal before a company goes into production . The last mile of the marathon is the hardest one . Some of the greates investors will tell you the same dyor Rick Rule.

Looks like our II will have got in they never buy high double bottom was at 6.75 it may get overdone with the fear factor but it looks like a new Investor will have loaded up time will tell . gl and dyor

Same here it seems we were lucky with those buys well done .

8.156 share price 1,209,104 £1mil buy close . Looks likw we could see a rise in the morning based on that trade .

Great to see this being made public on twitter Willem is a very knowledgable man who know this gold /metals business inside out.
dyor

Looks like somone had to sell up, I think we will see more of this in the coming weeks months .

Its quite normal for a jnr to be now after the initial discovery to settle down to a more gradule increase as more of the ore body is discovered . The shares move to more sticky hands during this process .So from an investor point of view we are now at the beginning of the road to production and cash flow . A good way of enjoying a more ess volitile ride to production is of course to add to your store of share on a weekly or monthy basis to allow a more spread increase in your investment . Not advice just what I do.

If you like a company and have been buying it for the right reasons ( you did your research), then a pull back is an opportunity to own more of that company.