Member Info for mikerockfield

Capetown1234: GGP already have a core shed and state of the art equipment. That's the difference between GGP and so many others, they're thorough!

All cores have to be independently tested. Releasing results to the market that are not independently tested are completely useless and could be damaging. Anybody buying on the back of testing done in the field is taking huge risk. Only Mickey Mouse PI's do that, GGP has to provide information to a top a tier miner like NCM and Institutional investors.

Droverman, I assume you're heavily invested in tin foil also!

Beside the sea,

As far as I am aware, they (by there own rules) cant buy until Friday. However there does be front loading by others, possibly associates, who will then transfer to GDXJ at a nice profit. In my opinion, that is where the big buys are going now.

I doubt we will see him around any AIM minnows ever again!

It will be interesting to see where he goes, a lot of people will be watching closely.

He brings competency and professionalism. Would be a huge coup if he landed at COBR!

Sliotar,

All I can assume from your post is that you are not familiar with this company, its resource or its plan.

Maybe you need to cut the bull?

The weak just got shook like a bag of fertilizer!

All the de-ramping in the world cant hide how good that initial MRE was!

Without a doubt, price fall a complete overreaction. Nothing negative in that RNS that we were not already aware off. Delays in labs are across the board with all explorers. Impossible for labs to nail down a timeline in the current environment.

Any testing done by Newcrest would be for internal use only. These would hold little weight on the market for obvious reasons.

Independent testing required, as for Newcrest skipping the que, I don't know anything about that. But I wouldn't be surprised if it was first come, first served.

Labs in Australia stated there was a back log a few weeks back. all explorers advied shareholders of this.

#GGP #COBR both the same.

...orders being filled?

There is a simple reason why there is no tax on spread betting. Its because the exchequer would be at a loss!

Why would they be at a loss?

Because people would be writing off their losses in spread betting against profits they made elsewhere.

So many people lose money spread betting, there is no money to be made applying CGT to it!

The clue is in the name!

Trump drove national debt from $19 Trillion to $27 Trillion in 4 years, 40% increase. If Biden does the same Gold will be king.
Don't even talk about the debt the Tories have ran up over the last 10yrs, frightening!

Ya, I'm thinking the same. Results, if good, to come with a JV!

I would hope a JV on much better terms than Havieron. We had no leverage in that deal, we have now!

Love a bit of #FOMO in the morning!

Charlie,

Just from looking at Google maps, you can see the tracks and drill locations appear to be cleared at Baggy Green. I genuinely think they will rock up with the rig, which is truck mounted, and commence drilling in a day or two at most.

To be fair, as Australia goes its really not that remote of a location. Its only about 20km from the town of Wudinna.
A typical rural Australian town, shops, butchers, pubs restaurants and the obligatory Caltex station.

I don't know, but I would imagine the camp would be fairly small, like literally a site cabin and a toilet with accommodation in the town. It would not be worth investing in a full site compound.

Quitefrankly,

There is a huge difference between that article and whats happening at Havieron.

The main difference and the most important: There is no construction for a processing plant, its sitting their in Telfer just waiting for more ore. The beauty of having Newcrest onboard.

The whole feasibility and construction stage of that graph is skipped past. The MRE in December will allow works to commence immediately on the decline. they will be mining at some stage next year while GGP continue to explore the region

There is no comparison between GGP and ORR. I hold both, been in GGP since 1.6p.
ORR has nothing like Havieron or ScallyWag or the Patterson Range East. Not to mention one of the largest gold miners in the world on a JV drilling 24/7 with a processing plant next door at Telfer.

They're is huge potential for ORR and a market cap of multiples from here is possible, but in my opinion its not in the same league as GGP and most likely never will be.

Cant help but feel that is a typo!..probably more along the lines of 0.66, which would be ok too!