My thoughts5 Jun 2020 20:53
Hi everyone
I've tried to keep up with the BB but its so difficult with so many posts and being busier with other commitments. However since last week, GGP has been great to watch rising from mid 9's to now mid 11's and touching the Numis 12p price target. Furthermore we are being admitted to the FTSE AIM 100 Index as of Monday 22nd June. We are approaching the time where the next updates are due for release based on the target of news every 6 weeks. Newcrest have had a recent buy recommendation from UBS and are expected interim results from them next week. The work from Paddy has highlighted activity in the NW and his coverage continues to be of great value to everyone here on the BB and wider investor community. If you haven't been up to date - go to his twitter @Paddygall1. Lastly, if you check out the latest Artemis presentation they highlight the Havieron project extensively and have provided some comments on the interpretation that fit in with the current exploration model I and others subscribe to here.
The only downsides I can see in the near term is that the gold price is starting to make a potential temporary retracement. However in the long run, gold is still bullish and shouldn't be an issue. Also the expected drill results as i've highlighted before could be just as incredible as previous results or not so much. If it is the latter, it shouldn't be viewed as a negative because all it has done is further define the extent of the project and hence we are one step closer to the full MRE. Ideally though, the more gold the better haha. Last point i'd like to make is to try not to worry about the daily price fluctuations too much and certainly the more negative posters that occasionally frequent our BB. If nobody replies to them, then they get no attention and will be buried among our very own tailings dam of positive posts!
Overall this has been a fantastic journey for me so far in the short time I've been invested here. This BB for the most part is very informative and friendly if not a tad overwhelming at times with the number of posts haha. I hope I haven't missed any other big news or articles recently. Likewise I'm sure there are many other good contributions I haven't seen to make comment on. Keep up the good work everyone, stay patient and lets look forward to the bigger rewards to come!
Thanks
Magic