Member Info for kempey

doggy...Don't I remember you promoting GGP a short while ago and closing in on owning 1m shares? Whats changed or have I misread read your comment.

If NCM have the resources capital investment will follow. Management can be bolstered , NCM have plenty of risk appetite and I'm sure the ambition to become one of the worlds leading miners. They seem to be moving at pace on all three resources hence three Pre-Feasibility Studies at the same time.

The graph on P35 is very telling!! Thanks Timber for putting the link up.

The boarder line between Mozambican side and Tanzania side is an artificial political line. Geological structures and resource distribution do not work on political boundaries. Unless they are separate gas fields or there is more of the geological structure on the Mozambican side then the resource is one and the same. If there is 200TCf on one side of the border there will be access to the same on the Tanzanian side. I say access as I presume the gas can move side ways to fill voids as its extracted. My understanding is that the Ruvuma basin is one geological structure. It will be interesting to see the results of the seismic surveys. I would suggest that there is more than 6 TCf on the Tanzanian side extractable. Having said that its not my area of expertise so I am happy to be enlightened.

Hydro...h/she wont find it yet if they are not using L2. Stock Xchange and most platforms are on 15m delay.

What did GDXJ buy at? From memory it was in the mid 20's... so massive loss! Must be algorithm generated or someone's out the door!

Bamps...don't let it get to you. Your contributions are respected by the vast majority of those on this board. A few have another agenda and IMHO a personality disorder. Easy to criticise , far more constructive and helpful to contribute the research you undertake and offer. Total respect from me my friend.

Been around for 6 years waiting for them to drill it, what's another 6 years in the scale of things?

Two sizable buys gone through 1m and 1.4m. Looking more positive. The size of the resource they have is huge....if they would just let us get on with drilling it!

Monkeydluffy....thanks for the prompt to look at their facebook page. Looking good!

Quote:
'These are busy times here at Rambler Metals and Mining! Our operation continues to grow, and we must expand with it. Here are a few pictures of the latest addition to our site – one of two new office buildings to house our Engineering and Geology Departments.'
Engineering and Geology departments....thinking big for a small mining company! New cranes and ore movers look good.
For those who have not looked at their Facebook page, its worth looking.

Tanzania, I consider myself a long term holder whether forced to be or want to be. I can assure you I have lost a lot over the years and learned the hard way but fortunately learned enough from my losses to recover to where I am now. I stopped trading a few years ago and now hold a small portfolio of investments made after lots of research. Aminex was always a LTI for me. I Just expected financial growth over the period not regression.

MaverickD, .. generally a safe and sound investment tactic to take 50% out on a 100% rise but I'm glad i haven't used that tactic on some of my investments. I didn't take 50% out of my GGP shares bought at just over 1p. and now I'm sitting on a small fortune. Given its a unique investment I should do well over the next 5 years, so you lose some and you win some. Yes, I saw the share hit 7.5p I remember it well because I've got a lot of them and at the time it covered losses on other shares and on paper left me well in profit. Thought I take 50% at 10p which, I really believed on the size of the resource, was going to be achieved. I'm sure we've all been there. I do believe Tanzania will come to its senses and permissions etc given for companies to progress. At the moment potential investors are reluctant to invest in Tanzania because of its track record.

Like you MaverickD I also believe there is the potential for this to be in the teens but politics in Tanzania is such that its difficult to realise that potential. ARA has been on board for a while and still no movement. If I remember correctly didn't the Chinese build the pipeline for the expected gas years ago. Like Crusty I've been here for years with £40k held up, fortunately at just over a 1p, so I may do OK in due course but I never thought for one minute we would be where we are after 5 or 6 years.

Lot of very short term trading on 212 buying in small blocks and dropping the lot for £100 profit etc which is fine and for some traders 2 or 3 trades like that and they can exist reasonably comfortably. I prefer 2 or 3 more 0's on the end before I sell. I don't like shorting but as Sonny says it really shouldn't affect the LTH. On all the evidence GGP is an exceptional investment in the making.

Manipulated definitely and I would love to know by who and why. With all the positive info coming in on a regular basis this should be in the mid 20's. For me the current situation is as illogical as this share reaching a 1billion MC on an unknown potential.

Morning Zoros....thanks for your response and all points accepted. I think as TimberTrader pointed out the Pre-Feasibility & Feasibility studies are requisite parts of the JORC Code. Effectively compulsory as well as good business practice!!
TimberTrader....thanks for the link to the Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves. I will have a skim read through it at some point.

Zoros...normally I would agree with you and in 99.9% of cases you are correct but ..

'.Pre-feasibility study is a preliminary study undertaken to determine, analyze, and select the best business scenarios. ... If the selected scenario is considered feasible, '

They have already considered the project feasible by starting the decline which indicates, I believe, a decision to mine. They also already know the best business scenario given they have been working in the area for years. They have already stated how they are going to mine it, how they are going to process it and I wonder if they need to produce a PFS. Having said that Greatland have said they will produce one, by December, I believe.

Razmendo.....I understand what a MINING Engineer is. That's pretty obvious. 'Group' implies more than two companies though unless Shaun is going to separate out the projects as independent companies within or under the Greatland name. At the moment we have 2 JV's so two companies working together which do not constitute a group. Appointing a 'Group' mining engineer implies structural change or an acquisition which would be interesting to know about, as an investor. Otto looks a good appointment though given his local knowledge.

So is he a Greatland appointment, a Newcrest appointment, a joint appointment. Group suggests more than one company. Greatland have a joint venture so where does the group come in? I can understand it if he's a Newcrest appointment but not seen a notice from Newcrest about the appointment. Does Joint also mean group in this context? Just wanting some clarity. Looks a good appointment though, plenty of local experience.

Just watched the video and was very impressed by the focus on Haverion in the Patterson region. This is clearly a very exciting find for them and its clear they feel confident that there may be other similar clusters within the Haverion footprint. It seems the deeper they go the greater the % of gold per ton. I wonder how far down they can go in reality. The new on site lab based Assay technology will be a real boon to inhouse operations though institutions will still want independent analysis . Shaun Day knew what he was doing taking up the helm at Greatland with such a strong rel;ationship with NCM. I'm very confident that this is a unique opportunity for investors over a 2 -10 year period, if not longer.