Member Info for MH01

From the link..... in point:

"The Virtues of Patience

Over the past ten years, investing in gold mining stocks based on the rationale of unavoidable monetary disorder has been frustrating and humbling. Still, monetary and macroeconomic developments since the 2011 peak in the gold price have been invariably encouraging to those who pay close attention.

In closing, it would not be out of place to sermonize on the virtues of patience. There is much sage advice on the topic, but the most appropriate for our purpose is the observation of famed economist Rudiger Dornbusch that:

“In economics, things take longer to happen than you think they will, and then they happen faster than you thought they could.”

Hard core battered and bruised gold stock investors have not journeyed this long for a measly 10%-20% rise in the gold price, although that would be a nice start. With a little more patience, we expect the payoff from the past two decades of incompetent central banking to be multiples of that measure."

IMO it is important to understand the sector your money is in Doublehun. I am not cynical. I look at the wider macro of money printing to the moon, it is out of control.

Https://kingworldnews.com/sprott-gold-and-the-global-debt-bubble/

"We believe the severe correction in precious metals is near exhaustion and expect gold to trade at new highs over the next 12 months. We reason that the Federal Reserve’s (“Fed”) “higher for longer” stance is unsustainable as it will trigger a general credit deflation and a steep election-year recession.

On timing, veteran market analyst Mark Hulbert agrees: “Gold and gold mining stocks are once again poised for a significant rally. "

Agree, the more we can de-risk the project the better. Perhaps the market is sitting on the fence in terms of whether or not GGP will make money from this. As it stands today it is not an operating mine so the risks exist until that first ore is retrieved.

I’ve never contacted Shaun so if anyone has done so previously and has his info such as email address, worth sharing the link directly with Shaun :-)

So watch this short video released today about the “hole of a lifetime”.

https://youtu.be/dc4POiNb1u0?si=s6-K2ZIWYvtusEKI

Someone should approach Shaun and say that GGP should produce a similar video, it’s would make a fantastic marketing video for future investors. YouTube is global and these videos have a way of gaining views.

I thought this is a great idea for GGP to do their own “the hole of a lifetime” video.

IOT … the GGP share price chart eerily is following the Lassonde Curve and the mine life case study analytical reviews performed over decades. Crazy isn’t it? Mere coincidence or does the decades long research behind the Lassonde Curve actually apply to GGP? Food for thought.

Fred, hopefully the cash on hand plus Wyloo loan on call, plus Newcrest/Newmont loan for Havieron, all mean no dulition necessary other than the current outstanding warrants. No doubt GGPs Financial Controller has drafted a 2024 budget for Board approval which will ensure they spend what they have an nothing more.

Hey Fred, any ideas on how GGP can receive income earlier?

I gather the Havieron JV is working as fast as they can given the Telfer ore is depleting every day. Let's hope the FS is released before we hit the top of the ore body. I am no Geo, however, I believe the decline is currently known as an "exploration decline" which I interpret as we cannot mine from the decline as yet. I assume WA Govt approval is needed before we can legally extract ore.

"The question is just how far will the sp drift from here as more delays are announced, it’s looking like the first gold produced could be in the first half of 2025 , according to the sunday roast podcast . Some will not want to wait that long and will sell and look elsewhere.

We need some income before then imo so I believe ggp will either buy telfer and the 70% or buy another producing miner ( with the help of wyloo) gla"

Tig, can you please read my posts on what is needed to prepare an official resource update?

Also, we noted by others, we are a minority owner with a brand new partner. I suggest Shaun has discussions with Newmont first, prior to releasing an update. If Newmont and GGP can both align and agree to release the update jointly it is much better for GGP.

Please do not respond by repeating yourself. You said you enjoy debates, so debate the conversion forward instead of copying and pasting prior your posts. :-)

So if you read the link I shared from the last resource update, you will clearly notice the hours of work required to prepare a resource update. Not so much a 15 minute job.

Tig.... "...is pleased to provide an independently assessed update on the Mineral Resources and Ore Reserves..."

And this...

"SRK Consulting (Australasia) Pty Ltd has completed an independent technical assessment of the Updated Mineral Resource and Updated Ore Reserve estimates completed by Greatland for the Havieron deposit. As part of that assessment SRK reviewed the Resource and Reserve modelling methods and parameters and found them to be reasonable and to take into consideration all of the current exploration data and levels of technical knowledge of the Havieron deposit."

https://polaris.brighterir.com/public/greatland_gold/news/rns/story/xo783mr

Tig just on this.... "They have the info , it is not secret , it would only take them 15 minutes to release it , ( or the treasons for not doing so, and I am campaigning to the best of my ability. If you dont like it, then bin me , But I do not think I am short of support. Do you actually KNOW of any specific reason as to why they are withholding an MRE."

If you read the last resource update you will notice they reference JORC codes etc etc. There is a legal reporting framework to adhere too, that includes having an independent expert company review the report and data to verify it. This is due to prior famous cases over the years of fraudulent resourcing to pump up share prices.

Example, made into a film https://en.wikipedia.org/wiki/Gold_(2016_film)

Tig to add, I agree in that I would like all current data known as well. That includes resource size based on the last drilling, the feasibility study, the decision to mine and finally are Newmont keeping Telfer plus Hav. However what can we do apart from wait it out? Buy the dip I suppose. Talk about “what if” scenarios.

Tig, people here are just noting that you being upset about how long it is taking for a resource update will not make a speck of difference. GGP have informed us of the current position they are in. I don't understand why you keep writing the same post every day, does it make you feel better like some therapy or something? We are all in the same boat ref: share price. When the resource update is announced it will be great, but asking "are we there yet" every day is a little pointless. Don't you think? I mean you have made your point.

SP has been the same most of the year. Read https://investingstrategy.co.uk/mining/gold/investing-strategy-the-greatland-gold-edit/

Https://investingstrategy.co.uk/mining/gold/investing-strategy-the-greatland-gold-edit/

Https://twitter.com/that_stocks_guy/status/1714212033518878816

Onya Fred, always love it when you pop in to offer such useful posts. Zzzzzzz.

Tig, have we not gone over this about 2 dozen times already?