RE: SP27 Sep 2023 16:54
Buy low sell high :-) Every day the same conversations are had here and questions about the share price. And the same answers are written.
Until the uncertainty is removed on what is happening the share price will probably keep lingering. The important news we need answers for include what is Newmont doing with Telfer/Havieron, what is the updated resource size, when is the feasibility study being released, and subsequent decision to mine being made. These 4 items are huge for what is to come for GGP and so until this uncertainty is answered you either consider this a buying opportunity or not.
Additional embers in the fire include our new JV with Rio and what the drilling my unearth, the current JV with NCM and drilling results, plus Ernest Giles and drilling their.
Once GGP becomes a "producer" its fortunes will be much improved. Steady income will be welcomed. And will the GDX ETF start buying GGP shares? Who knows.
Lots of reasons to be positive. Also there are so many YouTube interviews that help understand the cyclical nature of this sector and the reasons for share prices being suppressed. GGP is not the only company in this sector experiencing a depressed share price. Names to listen to... Tavi Costa, Rick Rule, Michael Oliver, David Erfle, Michael Gentile, Luke Gromen, Kerry Lutz. Channels to follow.... Blockworks Macro, Soar Financially, Money of Mine, Kitco, Kitco Mining, David Lin, Wall Street Silver, Wealthion, Liberty and Finance, Mining Stock Education, Jay Martin Show, SBTV.