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That RNS was a piece of dung!
Needs to hold the 2.9 resistance, if not its 2.25 and onto 1.5. Poor management and terrible communication!
DGR1980,
I would never include or use that absolute junk in my investment decisions! Run a mile form that ****e!
"mikerockfield - you've clearly not seen the Bloomberg terminal postings or checked morningstar
https://www.morningstar.com/stocks/xlon/ggp/ownership"
Mike.
Rup,
I agree, it will take a PFS and an advanced MRE to attract the II and funds.
When they are delivered they will drive this up significantly, any II or fund linked to mining or precious metals will be on it like flys on $hite!
I am an LTH here, but unless tonight's report highlights significant growth of the resource area, some holes with very high grades or even better a significant rise in the indicated MRE, then I don't think this will do much tomorrow!
Another report about decent grades from infill drilling or open at depth, we're very excited etc. etc. just wont draw people in. We need to move up to the next level now, away from "potential" we need to start seeing the figures that count!
Jaguar,
Lets say you have that bitcoin in your wallet and also £1000 in notes.
The wallet falls out of your pocket on the train, gets stolen etc. Your £1000 is gone an your never getting it back. You still own the Bitcoin!
Jet,
Why are there so many FIATS, we don't need them, they're just for control. There are multi-billionaires and business around the world that could make Bitcoin their currency and change its place in the world overnight and probably will do once they can make it profitable.
The real question is what will the US and their lacky the UK do when currencies get threatened. They cant invade Bitcoin like they did with Iraq, Libya and Syria when they threatened to stop trading oil under the dollar. Any threat by banking to close it will be met by another bank that wont.
Interesting times ahead, but Bitcoin is not going away!
"The UK has Pound Sterling, the USA has the Dollar, Europe has the Euro (don't get me started on that), Japan has the Yen, etc. What country does digital, thin-air, crypto-currency belong to?"
Bitcoin, People ask what is it? They say its invisible and worthless. Well what is gold? Its just a piece of metal dug out of the ground and used to prop currencies because its rare. Why not use white rhinos??
There are only 21 million bitcoins available with nearly 19 million in circulation. They will be rare too. Its all in the head!
Shaun..its just the yank version of the real name Seán!
That's the thing Speedy, if we continue to increase Havieron as is expected, all the other targets don't mater.
A larger Havieron and commencement of mining will drive this forward on its own!
I said last week that without news this could go to 3.2p.
there has been no news, only a pile of crap RNS!
Lower 3's, here we come!
Its a bloody long time now. I haven't looked up if the labs are still trying to clear a back log from last year with Covid, lockdowns and travel restrictions etc.
But this is taking an age!
Did the MMs just steal a load more shares on the bell this morning for a round 21p?
They will give this a 5% rise today and finish level again. A nice days work all the same!
It is unlikely they have them and are withholding them on purpose, certainly not for a significant amount of time anyway. Its illegal for starters. I know this is the AIM, but the management are better than that in my opinion.
I can see though what people are thinking,: "management waiting for remainder of NCM drilling at Havieron then bury bad Scally news with them."
"This could test the 200ma for support this week!..News needed!"
Well, she didn't just test it, she blew through it!!.....Hate to say it, but 3.2p on the cards here!
Back logs in labs been an issue, 4-6 weeks would have been my estimate for remaining results. So cant be far away.
Results of the remaining holes must be imminent!..Cant be much more than a week away?
This could test the 200ma for support this week!..News needed!
That's basically it Glen,
Newcrest wont go mad with the drilling early on. If the GGP team can prove up some targets the I would expect NCM to muscle in and take over the show with a dozen rigs (a la Havireon) etc. etc.
I am a long term holder here, been in since 1.8p. The current market is bringing this down and until we receive some positive news it will continue to fall.
All technical analysis has this falling further, in some case considerably so. The sooner we get further Hav or Scally news the better. It cant come soon enough.
Holding GGP myself and have been since 1.8p so I didn't panic this morning. It will be back to 33p by end of week. With updates on Havieron to come.
Similar to COBR, they had a long wait for results and then only got 3/7 drills. The labs must really be flat out this weather. The remaining results for COBR must be here any day now! Like you said Fairview, an updated program would be encouraging also.