Member Info for MrEMC2

I don't know what qualifies as a long term holder on this board - is it someone who bought before Newmont walked and still holds? I have been in since December 2017 and have taken out £440 profit on this share when it was under 2p. Won't be a millionaire with my holding but GGP is very exciting to be in (as long as the share price keeps going up!).

Price holding steady after that £8 buy. So is it safe to buy or will it drop further?

Experts like Rhind believe the gold rally has legs left.

“You go all the way back to 1980, which was the previous high in gold before the high we reached in 2011, and in 1980 gold prices reached about $800 an ounce. So inflation adjusted, that price is about $2,500 today. If you look at the all-time high for gold we’re nowhere near that today. And in 2011, the nominal all-time high was over $1,900. Remember gold has not gotten back to that level even right now. So from that perspective, gold is not like other asset classes that are trading at or near all-time highs. So I think there’s still room to go,” Rhind added.

Of course it is pure luck - all AIM stocks have a rainbow story when they launch but most turn out to be duds. Look at the 5 years chart for GGP that is an exception. GLA

I have been here since late 2017 and being cash poor was able to add only a modest number of shares when SB was buying his hundreds of million shares below 1p. In fact I sold some a year later for £400 profit lol. To cut a long story short I need 17p for my 10 bagger. I am following Paddy's advice to sit on my hands although still cash poor.

Closing bid prices - 6 trading days winning streak comes to an end:

01st Jun 100p ********************
29th May 105p *********************
28th May 95p *******************
27th May 90p ******************
26th May 85p *****************
22nd May 75p ***************
21st May 70p **************
20th May 60p ************

Hopefully there will be a gap up at Monday's opening so that 10p does not become a barrier (wishful thinking).

https://www.quora.com/Is-it-true-that-putting-a-high-limit-sell-order-will-prevent-shorts-from-borrowing-your-shares

Gold M&A back on the agenda as coronavirus restrictions ease

https://www.reuters.com/article/us-health-coronavirus-gold-m-a-idUSKBN2352AF

We can dream!!!

Closing bid prices - 75% rise over 6 trading days. (Great if you bought in around 60p)

29th May 105p *********************
28th May 95p *******************
27th May 90p ******************
26th May 85p *****************
22nd May 75p ***************
21st May 70p **************
20th May 60p ************

A multibagger stock is an equity stock which gives a return of more than 100%

GGP just keeps on giving bags of money

Let's see what next week brings and roll on 13p.

Back on 8th February I stated:

"GGP share price may very well follow Fibonacci numbers

The beginning of the sequence is thus:

0 , 1 , 1 , 2 , 3 , 5 , 8 , 13 , 21 , 34 , 55 , 89 , 144 ,"

I have a modest holding but all I can say is wow wow wow ......... with a big smile on my face. Okay it is paper money but still have a really great weekend everyone. GLA

Market Cap £344m and not a penny income wow

End of the Quarter Portfolio Management Yipee

Possibly quite a few PIs like me who need a lot higher price to see any paper profits here, and with 6 daily rises in a row (doubt it is a pump and dump) I hope that day comes sooner rather than later. GLA

Closing bid prices

28th May 95p *******************
27th May 90p ******************
26th May 85p *****************
22nd May 75p ***************
21st May 70p **************
20th May 60p ************

The bid closing price is on the up; 20 dma crossed above 50 dma; British Bulls state 'long position is secure'; near term resistance at 102.5p and 127.5p. Looks positive for continued upward path (famous last words).

Closing bid prices
27th May 90p
26th May 85p
22nd May 75p
21st May 70p
20th May 60p

Now with the AGM and update out of the way it will be interesting to see whether the new Director buy shares.

From Q&A

It appears that the business is progressing nicely. For example,the deal with SmartestEnergy, new board members, cash in the bank and new office in Leicester etc. However,this has not been reflected in the share price andacknowledged by market analysts. The share price of Yu is almost at is lowest. What further can thebusiness do to achieve its real value and convince investors to stay supportive?

The Board is very aware of the share price which, to an extent, is a reflection of the current environment. We are keen to explain the investment case to potential investors,both institutional and retail, and are actively discussing timing of activity and strategy with our advisers.

Was the share buyback resolution passed? RNS on voting no doubt to follow.