Member Info for mercedesman

You know what I said last week about the fact that GGP is now too good to trade? Todays posts are a superb demonstration of why I will not be trading the news.

Look at the sheer amount of people stating that they are holding to the end, you could say 50-100 posters in a day, and for each of those posting there are probably another 20 that read the boards with the same strategy, but just dont post.

So you are talking a few thousand PI’s minimum, who on average have what, 100k-500k shares, and then those of us lucky enough to have millions, thats a whole lot of shares in the hands of people who may have traded the news in the past, but are not going to take that risk this time round for fear of being “out” for the Offer.

This is why i feel almost forced to stick to my guns and hold the lot, i think it i sliced some between 12-15p, well, i dont think its going to come back down this time.

The other consideration is that what NCM say in this update, could be the green light for the II’s who have been completely missing up until now much to the surprise of the experts and media.

Perhaps they must hear those words laid out in concrete “we are going to mine” before they can pull the trigger?

And we know what will happen when they join the party.

Seat of the pants? Yes! Watching a six figure account compound at 10% a day is terrifying! But im sticking for the deal of a lifetime, be it next week, or after MRE in June (btw i think that will actually be May, NCM have delivered every stage earlier than planned so far)

GLA

That and the kangaroo’s!

Buying at full offer now, about to move up to 8.5p range

No, Newcrest have announced that as the day, they will not change it.

VCB, Auz (Newcrest) will release 1st, about 10-11pm on Wednesday 29th, GGP then RNS Thursday 30th at 7am

Sign up to Newcrests updates on their site (free) and you will be emailed a link to the presentation, and be emailed the full report

looking forward, i think if Newcrest give GGP fair value for Havieron, then GH will give them exclusive rights to do a farm in on Scallywag, without considdering RIO or other offers.

If however Newcrest lowball Havieron, he will see it as fair game to get as many counter offers as possible to maximise the Scally deal when the time is right.

Another reason why i think Scally will be "mothballed" until Havieron is done and dusted, and im more than ok with that, keep the carrot dangling for Newcrest, "treat us right, and we'll look after you".

We know that Scally and Kraken prospects have the possibility of being bigger than Havieron, that ground is absolute gold dust, and GGP hold the keys to the kingdom, I trust GH and CB will play a good game in maximising the value to shareholders over the coming 1-2 years, as he has done for the last 3. if he gets that phase right, the 20-30p's will become 50-£1's

Corrudus, i also read that Australian mining companies attracted the highest NPV because of the solid jurisdiction. 20x from memory.

Gold flying

News due next week

Newcrest frothing at the mouth at every update. There is no way with a 40% stake they are going to play this down now, if its good, they will let the world, they need it for their SP.

Stoked for next week!

Oh, so you have actually bought in now, i mean “for real”?

Arnie, you swore you were selling at 6p

Just wondered if you could confirm if you were lying about your target, or your position?

Asking forma friend

its going higher than that on the next one, i would imagine £8-£10

lol, mm's short of stock, its going blue today for sure.

£3.25-£3.29 spread so they can post every trade as a sell.

dont be fooled, i think news is coming

i'm not saying that im a good omen or anything, not at all.....

Auction extended, big bounce coming

£30k in now, bring on the news

£3.03 in auction, looking good!

I think this is the ideal time to buy, and so far i have traded this flawlessly, just got £20k in, and have more sat ready.

think we will get a monsterous sales update in the next 72 hours to send this flying.

Just loading up now, remeber what happended last time i dumped the £35k in, the RNS came out 10 mins later. lets see if i can repeat the feat!

Jacksdad, i litterally just took 15m at 0.0126 and sold at 0.136 for £1700 profit, look up RRR and see what Andrew bell did there, and look at the huge spread bets placed on the 6th april 2 weeks before the POW deal , i smell a rat, but good luck.

Just saw Andrew Bell and Paul Johnson's names on the last RNS re POW

IM OUT

sorry guys, i wont trade anything that has links to either of them, or that numpty David Lenigarse.

made a quick £800 anyway so happy days!

Oldtimer , could you expand on WeShop and Brandshield?

im furiously doing my due dilligence but you could spped it up.

my 8m and 7m buys not showing yet.