RE: Is GBP the next GGP…22 Sep 2024 13:38
The possibility alone of finding another Havieron is enough reason to take a position here, with the added bonus of possible value being added by the oil play. If one does not come off, the other might, mitigating risk to the downside, while offering significant upside potential.
I was in GGP for the entire move, a year and a half early in fact, and I cant stress enough the importance of getting in early. its the difference between a 5 bagger and a 50 bagger.
Looking to see 0.5 here just as the bass line, before drilling commences, the Mcap is bonkers low for the potential the company has, should be at least £20m. Gold is going to the moon, GDX etc have started re-rating, established companies always get the volume first in a bull run, but the speculative outfits with potential like GBP soon attract the greedy eyes of the masses. Im expecting a ton more volume as word spreads.
Are there risks? Could it all come to nothing? Sure, but the company can only go down £4.5m, it can go up a whole lot more!
I didnt get enough GGP back then when it was rock bottom, im not making the same mistake here.
Roll on next week : )