Member Info for MH01

GGP is the 3rd largest ASX gold company now. Behind Northern Star and Evolution Mining. How good is that.

Great to see 3 consecutive green days since reaching the all time high on Monday 2nd March. It’s been a tough month of March enduring a vicious sell off globally. Hopefully this war can end and gold will march on higher and so will GGP.

Take away the 100-1 consolidation and what’s the share price… ?

The hype from 2025 is over. That sort of hype happens once.. many bought into the snake oil salesman Casper and his merry men. Good for you if you timed it well and made money. Shame if you are now the bag holder. This company is not a business that is investable. It’s a Lifestyle company. Why keep flogging a dead horse? So many investment opportunities out there. Sell up whilst you can salvage something.

I’ll be happy with new all time highs … in terms of timing I think we need to see if the market will not like the negative impact on margins due to lower gold and high oil, which will increase prices in general.

Daylight savings ends over the Easter weekend

Gold is down. Oil is up. And mass liquidation occurred the last month. Lots of pressure on gold miners. Northern Star and Evolution both been sold off as well. Let’s hope GGPs recovery isn’t slow and tedious. Oil is a big short term issue right now against us.

The BOD will only say positive words as they have a conflict of interest. If they were impartial they’d be more truthful. A fool and his money is easily parted.

Look at the share price over a medium to long term… why back a losing horse over and over. Throwing good money after bad. Invest in companies earning revenue.

It’s all a play thing for the speculators trying to make a few bob. Some will win and some will lose. Like the casino. This company is uninvestable. It’s a death trap for capital. If you make profit run.

Not looking good

Jeez you're a sucker for punishment. Why continue gambling?

Most of the largest gold companies globally are down 20-25% from their recent peak on Monday 2nd March. Not much GGP can to buck that trend otherwise ride it through. Need the oil price to drop back to pre-war levels and the gold price to rise back towards US$5,500 again.

Hard assets going much higher he says ..

https://youtu.be/wMYUp4RHz7k?si=IAuibR5dZ0AAIQVk

Here we go again. New day… start the pumping. Lessons learned… zero.

Again. Wait for a discovery hole “if” they find one. Don’t invest because some stranger on a chat site was hyping it up. Rainbow chasing often and mostly ends in tears. Explorers are all luck. Try the casino.

Wait until a discovery hole is announced… “if” they ever discover one. No guarantees. Instead of chasing rainbows and listening to the pumpers, you could have invested into a safer goldie such as GGP and made good money. Everyone thinking only 10 baggers will do but complain when chasing said rainbows leads to capital destruction. Whilst GGP is steadily making good returns for shareholders. And has a pathway to much more ahead. Whilst Wishbone and its ilk keep “hoping” to hit something. Which is a long, arduous and dilutive process. Learn a lesson. Avoid companies like these from now on and wait for discoveries to be made first. Management will always say what shareholders want to hear, hence this BOD saying all the right things for their last capital raise. Look how it panned out though once the bubble burst.

You all believed Casper and his incessant ramps last year, 20 posts a day here and on twitter. I called him out but the hype worked and the share price pumped. This company is awful. Its history is shareholder destruction. So the pumpers in numbers arrived and it pumped 10 fold. But look at her larger share price chart, disaster. One tiny period of pumping is great if bought and sold at the right time. But that’s all it is. No fundamentals. I’ve been beating this drum for over a year. The constant references to GGP and Telfer and that’s it’s so much bigger.. why would you believe that? Do you understand geology? And what’s required to drill and prove anything? The time, the cost? It’s mammoth. Casper was full of crap and the others too.

The company is doing this … not posters here. The hype and sentiment from 2025 (and the constant lies about this being bigger than Telfer/GGP) were bought into … now the truth machine (the drill bit) has proven the hype to be hot air.

Never ever buy into hype. Wait until a discovery hole is announced before buying into any explorer. It’s the best way to preserve your capital. I kept saying the risk is too much here and got slatered. High risk high reward you kept writing… forgetting that the downside risk is huge in that scenario and it’s not a guaranteed win here. This applies to all explorers. The discovery hole is the best way to not lose your money.. buying before in hope of a discovery hole typically leads to what is happening here.

I feel for those nursing losses as it’s awful. I hope most got out in profit or break even.

I suggest you stop comparing WSBN to GGP (Telfer) over and over. The market does not agree with anything you post. WSBN does not own Telfer or Havieron. There have been many explorers around Telfer for decades looking to score big, most have failed. Antipa is about the only company giving it a go, and they dream of GGP buying them out, yet it would appear it is not happening. Artemis road the nearology wave during covid after pegging ground around Havieron, and they fell on their face in the end, gave up. This is a tough industry and most explorers fail and keep raising funds to stay alive. I am surprised WSBN is still alive considering their journey, they were happy to wind up the company just over a year ago. Then the 2025 P&D began and the hype worked.... until it doesn't... as it needs to be backed up in the end... and the results today were sold off and not bought into. You are not smarter than the market I'm afraid, sentiment wins. The hype was last year, 2026 is the time to prove it, or it's over.

Yes you are missing something Cat. Howeszap has put it to bed. Tucked you in. WSBN has yet to prove it has an economically viable ore body that can be mined. To prove so will take years, tens of millions of dollars, and luck. You make it sound oh so easy, yet the share price / market disagrees with you.