RE: It's not deramping10 Nov 2025 16:14
''Priory, has it ever occurred to you that people are happy to invest for the long term knowing it take time to prove up a resource and when MILA does it will be worth significantly more than the current share price - that's what investing is about isn't is?''
Exactly Tom1986!
I myself first invested in GGP back in July of 2014 when it was a high risk investment and within a short period of time was down some £19k odd (after Newmont walked away from 'Ernest Giles' citing 'not at this time' - for any here who may still remember that fateful day!) and feeling extreme guilt for wasting the money that my dear late Grandfather had recently left me.
Fast forward some 11 odd years later and my total overall investment of £47,649 is now worth £419,250 (as of today at the time of writing, but was worth over £725K back in Dec 2019/Jan 2020 when with hindsight I perhaps should have sold up; as well as having invested the total sum put in so far to date all in one go back in 2014 - when I purchased my first tranche at only 0.45p!)
I have no doubt that over time my GGP holding will at least double in value from here (whenever that may prove to be) and with the sp beating all previous ATHs; but it has been a bumpy journey to say the least!
I believe that MILA has the potential to be another GGP (which is why I am invested) but it won't happen overnight and from my previous experience with GGP I expect there to be 'bumps in the road' and 'nefarious games'played over the years to come (as has been the case with GGP!)
Mining is not a 'get-rich-quick' investment but the rewards (as I have already experienced with GGP) can be certainly worth it!
Patience is the key IMO and GLA!!