DrAim....what makes you say " will be rewarded very soon" I know little about this company and am possibly looking to invest after a friend said to take a look. I note the large trades at COP....not sure if buys or sells? 8 billion shares in issue is of concern. I don't recognise any of the Directors names but note they are well invested so have "skin in the game". Have read investor presentation...standard fare!
I very much agree with Ponies comments. GH could well be negotiating another JV with NC and if predominantly copper at SW, with Rio T. Its not long to wait until the AGM where he will be questioned heavily on SW so we can expect information any time soon. Even with a 6-8 week delay from the labs the results will be released any time now. I'll be surprised if we are disappointed not that it detracts from HAV.
Good question Baby....don't know how old you are but some here have built up ISA's over the years, have inherited money, have taken lump sums from their pensions, others are on very good salaries so can afford to buy another 10,000 shares each month. Equally a relatively small (for some) investment of say £10,000 in Greatland at say 1p (many bought under this price) would now be worth £220,000 and growing. There have been many shares over the years that for a £10k investment you could have £100k in your bank. Equally you could lose the lot even after due diligence if you are not careful. Even though many of us in GGP are well in profit we have will have had some awful losses along the way. I know I have. You live and learn and research heavily and hopefully get in early. Depends on your risk taking....high risk can = high reward. GGP is now almost de-risked so it is a good investment IMO with potential good reward even now. I'm no advisor so always do your own research.
Speedie...I thought we were in a JV with NC though I suppose its just for exploration at the moment. Presumably you are hoping to find out if they are going to buy us out of HAV or at least the 30-25% if they take up the 5% offer. Good luck with the question. We are not miners so I can't see the point in NC of having sleeping partners but then what would the 30%-25% cost them in a buy out? 70% hasn't cost them that much! Having said that GGP's current near $1B value of which most is attributed to HAV is a lot of money even for NC.
I would also suggest playing a dummy portfolio for at least 6 months to a year before using your hard earned cash. I was also about £150k down and 2 years in before I started making money and to be honest Greatland alone has been the biggest boost to my portfolio. Fortunately I was in at the beginning with a significant number of shares.
Dodge...thats an interesting question and I would have thought that their increase in value means at this point in time their % holding in GGP would decrease though you have to take into account our rise in shareprice since their purchase. To maintain a % in GGP they would therefore have to increase the size of their purchase in December.
I don't know much about ETF's and Napthman appears to think not. I bow to his greater knowledge although it does seem strange. I do understand it also relates to more or less investment in the GDXJ. Is the 8% increase due to the increase in the value of the companies it holds in its portfolio or could it be greater investment in the GDXJ by holders? As I say I don't know much about ETF's.
At least we won't have to listen to the nonsense that comes out of Trumps mouth. He's fighting to stop the count because he knows he doesn't have the protection of office once he's out and the 'Washington Swamp' as he calls it will be lining up to see him fall whether its tax evasion, business deals etc. I expect the media will totally turn against him. He will try anything to stop the count ASAP and i'm not surprised. Hopefully democracy and common sense will reign!!
I was surprised to say the least that scant mention was made about SW in todays end of year results and comment. Also the delay in results being communicated to the shareholders raises obvious questions. Given NC is advertising for 7 drill rig operators and it would make sense for NC to JV with GGP on SW then all the evidence is there pending an announcement. I also got the feeling that GH was saying that GGP would start to focus on some of the other tenements in terms of exploration. SW is possibly a signed and sealed JV on the same lines as Hav. Depends on what they have found to date regarding the % deal and cost for NC to buy in.
Volume low @ 8,381,771. It would make sense for NC to be in discussions with GGP regarding SW and a similar JV. Depends upon what they have found already. It would mean another 6 drill rigs given there is still a lot of drilling left to do at Hav.
'Low volume today but creeping up. Last three lowest sells 21.25, 21.50 & 21.75. Hopefully 22p is next in the sequence of sells!'
21.93p.... nearly kept to sequence! Will get there this afternoon. Now just need the buys to rise above 22.50p which seems a sticking point but on low volume it doesn't surprise me.
Stout...I don't call 28m shares traded massive volume and there's certainly not massive buying going on unless it is a negotiated trade yet disclosed. If you look at the buying it is mainly small amounts...one even for less than £1.00. We need SW data to move this share on.