Member Info for miker444

Been thinking of the effect sp wise of positive mmi results. Whilst good results will be further confirmation of the likelihood of gold, ie the molecules travelling to the surface soil of whatever the mineralisation is, be it gold, copper, iron oxides etc and the higher ppb the better I am of the opinion that yes the sp will firm up and may well hit the 1p+ mark (should do seeing as we got to 2.61p on sentiment of Newmont 'deal') the mm's will probably hold back, somewhat, until drill results as this is the final provenance of what is there. The drilling will either show it physically in the core samples or it wont. No doubt either way good or bad. But for me positive mmi results in good numbers which travel from a 'parent' source further underground will be a pre-cursor of successful drilling, clever technology using natural physics of ionisation. atb

sandgr....Totally agree, I expect the MMI results at any time, as in previous posts they are not too difficult to undertake, basically a few soil samples from the surface to only a foot or so down and then off to the lab for analysis. As you say could well be in a couple of weeks (or sooner imo). atb

People on all boards moan when CEO's do not give updates / info / news at frequent intervals, understandably so. I for one am always support updates and some have more impact than others dependant on the content of that update. However, yesterdays rns was relevant. Whilst we know the intention of GGP is to explore and undertake a drilling campaign the rns actually stated that drilling has now begun! they are there and the machinery is being put to work. That is different to intending to drill as a lot of small cap companies promise an exciting agenda and often it is just rhetoric. Yesterdays rns was relevant, it was confirmation of what they intended is actually being carried out. Thirdman you state "all the effort should be put in to EG, I suspect it is a total waste of time and money etc". GH is undertaking 24 drills at EG and that is where the majority of their time and money is going, fact.

We are due at any time now the MMI results from EG prior to drilling the 24 holes. The exploration at FireTower is underway as is with todays RNS the drilling at Havieron. Lots of updates some closer than others.

The �4.5m cash in bank is plenty to see us through all the drills, we are funded for nearly 2 years. The drilling will take approx. 2 months and then a few more weeks to confirm the results. Seeing as drilling will take only a fraction of the time the �4.5m will give us we will not run out of money. The important question is what will the drill results contain, its as simple as that.

Apologies bassguy lol, I genuinely hope mmi results are good just guess I am getting a bit nervy as I thought they would have been released by now but I suppose GH will want to get it 'word perfect' after Newmont and not rush any statements through. This really can change on 1 piece of news, if we get 1g/t+ over EG 5km x 1.5 km we could be looking at a super pit to rival Kalgoorlie, the gold is there in other districts hence Rio Tinto, BHP Billiton, Artemis, Barrick, Newcrest, Newmont etc making billions so we may get a decent find, anythings possible. atb

happypennies whether GH answers you or not about investing in GGP somebody obviously thinks its a good idea as a �20k buy just gone through, is that you Stew ? atb

I would have thought that GH would have a pretty good idea as to the results of the MMI testing by now, news should not be far away imo. I did think that they would come before any other news and whilst I welcome the FireTower RNS and 1m oz exploration target I have a niggle and hope I am wrong that FireTower might be a deflection away from the mmi content at EG. I know the conclusive proof will be in the drilling but good feedback on the mmi's could be transformational for GGP and shareholders with current gold prices not only solid but appearing to be on an upward trend going forward. Still fully invested. atb

Morning Coldjoe, I think it is an excellent idea to re-iterate your post periodically, and I for one will not get fed up with it, because as you say any new investors coming to this board will se the facts of the link ( Presentation ) and be able to make up their own minds totally devoid from ramping / de-ramping. The presentation is in depth and factual not opinionated either way, so keep posting mate. atb

Hi Boom, agree as I stated using the words could and should, we have both been around long enough to know AIM but with RBD we do not have long to wait and we know perfectly the intended plans, assets, acquisitions etc. It does happen and we are starting out at the bottom with 2 very able CEO's whose background pedigree is with very respected Fund Manager Companies, I believe it was Guinness Fund Management but going from memory so will stand corrected on that one. atb mate

Hi chris the point is and a very pleasing one at that is the risked and I repeat risked sp forecast is still 2.7p, 284% increase. So that looks the minimum we should expect on known news and acquisition assets. If we de-risk then 9.4p possible and add to that the suggestions from Steve and Sachin that there are other deals in the pipeline that are not yet known. If we get the upgrade of gas from 30bcf to 300bcf then we will smash through double figures imo, the Xmas sp could be higher than any that have been posted on the guess the sp board. Shouldn't be long now for the start of news. atb

"Gold Prices seen Moving 'North' as World fails to replace output". An excellent article from Bloomberg well worth a read. It is on the NewsNow website, just click on Business and Finance on lh side dropdown (Home section ) and then Gold. We still have to find the gold but the higher the price per oz the more commercial the g/t becomes. atb

Many Thanks Groucho

Hi Groucho, forgive my ignorance mate but how does one actually access Vox reports, do you have to register etc I have gone on the Vox website but its all world news. Prepared to be shot down in flames but obviously interested in any third party feedback. atb

Hi Simon, thank god for that, I didn't want to be the first one to say that ! As though they have bought and sold but their overall % has gone up lol atb

TR1

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Coldjoe, absolutely agree. I do suspect though that there were some hints at other acquisitions / assets we are not aware of and it would appear the gas has not been factored in. But as others have said it does look as though a re-rate of sorts is on the cards, certainly from where the current sp is. atb

It was posted by chrishutch on Wed 12:29 and it is a Whitman Howard report, the first paragraph highlighted in a reddish hue states 2.7p with the possibility of 9.4pps if fully de-risked ( this is at the end of the first paragraph). I knew I read it somewhere and not ramping but quoting, even if it does not get to that my point is some serious sp rises to come, certainly multi-bagging from here, its a question of how many imo. The 300 bcf of possible gas reserves would be valued at approx. $150m - $180m on its own without anything else. atb atb

Hi Coldjoe, it was an expected sp that was quoted if all known assets acquisitions were de-risked. A fellow investor posted the link a few days ago ( on here ) I will try and locate it. atb