Advfn26 Jun 2018 23:12
Proton.and all...
nothing below is cast in stone....just my listening and personal opinion....
...just sat through the presentation....sitting in the bar with my old fashioned, thinking on what was said and how or was presented.
I will start at the end, Newmont.
The spin from GH was that the decition was a company political one and not centric to the asset. Take from that what you Will, but his body language still portrayed a position of disbelief of the direction they went. The secret squirrel geo chemistry analysis Newmont carried out revealed a strong....his words...anomoloy just to the north of, and in the same geographical plain, as ggp's last drill campaign
It has also see the positioning of there current RC campaign.
Ok, second old fashioned......this is going to get challenging.
Funding...Fully funded was mentioned so many times I would 99% doubt any raise off the back of this latest rise.
Haveron....(sic)
I cannot under play how much both GH and Callum Baxter were hyped on this. Imho they are already talking with 3rd parties. We should see results of the remaining drills next week, possibly the week after. GH said the result of the drill assay has increased the asset value by 10 of millions.....
Black hills...
I have to say, in terms of body language, CB was way more hyped about this, and again GH indicated the asset was worth far more than the 250k Aus they paid for it in shares.
Our old friend.....EG....
They put up a map show I g all the green rock anomalies in Australia. EG is the only one left totally un-expored (with the exception of what has gone before for ggp) and as written above, the current drill campaign will focus on the Newmont findings with results probably in august/September.
Imho
Haveron is the golden egg, should 2,3 and 4 come in with similar results then forget 2p or 5p even 10p.......
There is gold here, in commercial quantities, the only caveat is getting that elusive third party to sign on.
There is more but it is Every thing we already know so I wont bore you.