Member Info for MidasMac

To all the doubters, the nay sayer's, the doom and gloom merchants, the negative posters, the SD doubters, the shorter's, the ones who have nothing but negative opinions of the company, the BoD and the GGP team. How do you feel now? The ones that have remained positive like myself, and who have posted nothing but positive comments, believe in the company and its assets etc, congrats to all of you. Those who have topped up on the dips especially. As I have always stated, be extremely patient and you will be rewarded in the medium to long-term. Thar's GOLD in them thar hills! For the rest of the week the chart is looking extremely bullish heading towards 10p, and should surpass 9p tomorrow due to the chart set up, increasing volume and sentiment, plus being mentioned as one of the TOP 3 STOCKS to watch in November in the Investor magazine. So, keep the faith. Keep topping up when you can afford to, especially on any dips, and watch your profits grow for those with a lower average, and make any losses back those that have a higher average. Have a great evening everyone. To 10p and beyond! GLA Greatlanders!

Https://www.proactiveinvestors.co.uk/companies/news/1030748/greatland-gold-announces-plans-to-de-risk-havieron-development-by-managing-water-extraction-1030748.html

Https://ukinvestormagazine.co.uk/greatland-gold-shares-fall-as-havieron-feasibility-study-delayed/

My gut instinct tells me that SD and GGP had no way of not releasing the news, as their JV partner would have insisted on it. However, I think they've got the bad news out of the way first, not that it is really that bad, before releasing a stonking RNS, in order that shares can be brought cheaper before the rise, but I may be wrong? Watch this space! GLA Greatlanders! Our time is still coming, but it may be a tiny bit later.

Bloomberg just reported in the last 10 minutes that several stocks have had to be halted from trading due to a system glitch.

I haven't been able to get a quote for a dummy BUY on HL for at least the last 30 minutes above 5,000 shares. Is anyone else having the same problem? It could be a good sign that news is incoming? Let's hope it is and it's not just good news but great news! GLA Greatlanders! Our time is coming!

My own personal opinion from SD's presentation & Q&A is.... Nothing has really changed apart from the recent RNS's, and the share options exercise. There's still uncertainty and delay, and despite the extra funding with no dilution, we are solely reliant on news from assay results, which rather than as Shaun claimed are not taking as long to get back the results, seem to be taking longer - talking about the December Quarter for assay results from both Scallywag and the Rio Tinto JV. I can understand the latter, but Scallywag seems to be long overdue? He didn't really explain enough why shares were not being bought on the open market, but that they could do a share options exercise? He's very good at explaining the technical aspects, but seems to go around the houses when it comes to the share price performance, which I think will continue to suffer in the short-term due to lack of clarity, impatience on behalf of private investors and institutions alike who like myself (which I have never contemplated before) selling a large chunk and then buying back cheaper at a later date when MRE upgrade is announced, DFS or DTM. However, you play it though is mine/your decision and should not be taken as advice. Having held since the very early pre-Havieron days it is a decision that I won't be making lightly. I look forward to hearing comments from tonight's TH meeting. GLA Greatlanders!

Here are the Resistance/Support Levels for GGP for tomorrow, as follows: -

Resistance Levels: 7.20, 7.50 and 8.00

Support Levels: 6.40, 5.90 and 5.60

Pivot Point: 6.70

I did tweet Zak Mir at www.share-talk.com to include an update on share price projection today, and he did include GGP, stating that it should be heading towards 6.8p and then the bigger picture is 7.75p by the end of next month.

The trade for approx 8.3 million shares that went through just after close today, was it a delayed BUY or a SELL? I guess we'll have to wait for the market to open and see if the share price starts higher than it finished or heads North or South, but hopefully we've seen the start of a strong recovery with the confidence this morning's RNS has given, removing a lot of the uncertainty. I did state that SD would not come to London unless he had great news to bring with him, and still expect more news of a positive nature before he arrives next week - watch this space. I think the share price will continue North and we have seen the back of sub 6p once and for all! GLA Greatlanders. Also topped up today at 6.48 and 6.89 as seems the ideal time to do so.

Sorry, and credit where credits due. There are several ways of applying the strategy, some better than others. However, what I said still goes, and I did say people/investors should read Benjamin Graham's excellent tome The Intelligent Investor, which Warren Buffett for instance followed on the way to becoming a multi-billionaire, and if you find just one useful ideal in the book, and execute it, it could make you substantial profits, but using extreme discipline and following what he states to the letter, and not getting carried away. The example I gave was if the share price goes up in a straight line, based on a minimal spend of £100 per month, and any sort of profit is profit at the end of the day. My friends who I advised to use it when starting off on the investment journey with out any experience, trusting my more than 10 years in the game are all doing really well, as I/they also invest in DOW 30, and NASDAQ stocks, where you can't go mad due to the price of the stocks, but can use the DCA method, which is even more successful than AIM for instance. You can also increase your monthly investment as and when you can afford to and when market conditions dictate that its the right thing to do. I always tell people/investors to do their own research, and not to invest more than they can afford to lose. Every strategy has risk attached to it, and some work better than others, but as a basic beginners tool its a good place to start. Enjoy the rest of the evening watching the Rugby World Cup or whatever else your watching/doing.

Looks like the cracks in the dam are getting bigger and it's about to burst, as the last of the cheap shares go to the institutions at mate's rates?

MM's desperately trying to keep the share price subdued, but will fail miserably as institutional buys start coming through, and they want to keep it as cheap as chips for their mates for as long as they can. The market will dictate otherwise. Would expect to see 7p+ as the dam bursts in the next couple of hours, and maybe as high as 7.5p by the close. Let's see what happens, but hopefully, we won't see sub 6p ever again!

There are always of course different scenarios, but if the share price was to go up over a 12-month period and be higher each month, you would still be making profits. However, as share prices never only on the rare occasion go up in a straight line, and there's bound to be dips due to buying/selling pressure plus MM's shenanigans, the strategy should work if you apply it correctly and invest wisely.

I forgot to add that you should use the Dollar-Cost Averaging (DCA) method of investing for 12 months to get the full benefit. So, if you invest £50, £100, £500 or more a month it should work, you will make profit and at the same time keep your average down. Any questions, please don't hesitate to reply to me.

For anyone who's a newbie to this share, or is thinking in investing in GGP, and even those who are invested. Here's a tip, that if executed, should (no guarantees), especially with the share price where it currently is, is a very successful strategy called Dollar-Cost Averaging or DCA for short. It was penned and recognised by the renowned author and the Warren Buffet of his time - Benjamin Graham in his world-wide best seller that has been updated and had many reprints since it was first published over 50 years ago entitled "The Intelligent Investor" and if you haven't read it, you should. When dollar-cost averaging, you invest the same amount at regular intervals and by doing so, hopefully lower your average purchase price. You will already be in the market when prices drop and when they rise. For instance, you'll have exposure to dips when they happen and don't have to try to time them. By investing a fixed amount regularly, you will end up buying more shares when the price is lower than when it is higher. It has worked for me many times, and while amassing thousands more shares in GGP, I have also managed to keep by average, currently at 5.43p the same. It may not be for everyone, but give it a go, but as always don't invest more than you can afford to lose, and see if he's/I'm right?

FANTASTIC NEWS this morning that takes away a lot of the uncertainty and should give both private and institutional investors a lot of confidence both now and moving forward. More great work by Shaun and his team, although, it could have been arranged sooner knowing that the NCM/NEM takeover was going to put a 'spanner in the works.' However, market caught unawares, but seems to like it early doors. Let's hope it is now the beginning of a sustained rise, and there's more good news flow to come with the Rio JV assays for instance? GLA Greatlanders!

Shaun just finished his presentation, but there was only time for one quick question at the end, as someone asked about the MRE regarding Newcrest/GGP estimation, which Shaun explained and also pointed out that the upgrade to the MRE didn't take place as Newcrest said it would, as they are rather busy right now. However, earlier he did state it would be announced in the December 2023 quarter this year. Got as much as he could get in the 15 mins allowed, and did an excellent job.

Is there going to a 'live' webinar plus Q&A as well as a TH meeting, or is it going to be one and the same thing?

Having listened to quite a few 'experts' comments about the different scenarios regarding Havieron/Telfer, here's my two pennies worth. Firstly, SD booking a flight over to London (do we have a date yet)? Also, arranging a town hall meeting and likely webinar? The timing seems coincidental, but I think he genuinely had to delay his visit planned for the end of June until later on, due to him wanting to be as up-to-date as possible, as well as furnish investors with good news. If we can buy the other 70% of Havieron and Telfer as one commodity for only $500-600 million, then we should bite Newmont's hand off and agree a deal asap. However, as people have quite rightly pointed out, you don't buy an investment based on a timeline nearly 2 years ago, and to what it is actually worth (more) today! Like SD has stated many times, they are looking at every single scenario, plus making contingency plans. I think the market got caught out by the announcement regarding both assets, and investors are now seeing the real possibility and advantage of the weak share price to pile in, knowing with a bit more certainty that GGP can fulfil its obligations to shareholders. Still a lot to consider and digest, but things looking far more positive than they have been of late, and welcome news, with more to come, as I think this is just the beginning of more positive news flow and prospects for the company and shareholders moving forward. The pieces of the jigsaw continue to be put into place, and soon we will see the complete picture revealed. Funding should not be a problem, and we have SD and the team to get us firmly over the line. GLA Greatlanders, and I welcome your comments.