Member Info for MrTurpin

Maybe so Blantyreboy, but i'm willing to take that chance, got to be in it to win it!!

Could be up to 4 years according to the RNS dated 23rd April, guess what you really want to know is how long before they know we've all hit the jackpot? How longs your piece of string?

Parkdog, I used to own 2m GGP shares a few years back that i'd bought at 0.3p but sold out just before Newmont walked away, wish everyday i'd kept them.....it's the reason i'm not selling here, it may do the same as GGP....it may not...i'm certainly not risking making that mistake again

Yes, drilling by month end by the looks of things....finally something to get exited about again!!

ST, there will be £1m to come in from warrants not £700k, it's 5m at 20p...You're working it out at the placing price of 14p

Shorn
When i first got into GGP i believe it had a MC of around £10m, WSBN at the same starting point is around £22m, reasons for this could be a multitude of things but i believe it's because there's more now known about the geology of the rocks under soil. If you look at the RNS's it stated that RS is a very similar make up to Havieron and therefore more people would assume that they're going to find something juicy, who wouldn't want to be in it for the journey....it could really be Havieron 2.0
Ps, there's not many Co's that also has a CEO was such a large skin in the game, if they discover gold he will become a very rich man(along with quite a few of the regular posters on here(me included))

There's a lot of "IFS" when it comes to the SP. If we get a Havieron find and it's open cast and our BoD can negotiate favourable terms on a joint venture i can see £5+ without any further dilution, that gives the company a similar MC to GGP. IF the anomaly turns out to be mutiple times the size of Havieron then who knows.
One thing i'm certain of, i aint selling a bean until i know what's in the ground and by that time i see the SP way north of where it is now. I sold way to early from GGP having bought 2m shares around 4 years ago at 0.3 of a penny.....not making that mistake again!!!

Only surge i see was at 8.12 and 9.03, the former being my top up. i'd expect a little FOMO maybe tomorrow as news of the permit is due anytime soon though.

Hi JTB, You're forgetting that Redsetter could potentially be six times the size of havieron, If and i say IF it's proved up to that extent then the MC here could be way higher than your prediction!! I have everything crossed it pans out that way(excuse the pun)

I wish they'd pull their finger out and get on with drilling Red Setter, the suspense is killing me!!!

Ha, if we get anything like havieron, i'll be running but you won't see me for dust, not in this country anyway!!

2020, they'd have to dilute to the tune of around 6 billion shares to get anywhere near GGP's MC, then consider the company is looking at an area far bigger than GGP's
I really don't think if results are good there's anything to be concerned about...just IMO anyway

You have looked at the MC for both companies right?
GGP is valued at just shy of a £1b and yet WSBN at just £23m and are looking at an area 6 times the size of havieron. Any sign of good drilling results and this is going north.....and fast.
Nobody will want to miss this boat setting sail.

Doesn't it have to close above 16p though as clearly stated in the placing RNS, which would only be around 3 days IF it remains above that figure today(a couple of days have been 16p bang on).....and then it's the right of the company to require warrant holders to exercise their warrants, doesn't necessarily mean they will
Or maybe i'm getting cynical in my old age?

I believe it's the 5th day it's been 16p or above but it depends how you interprate the accelerator which clearly states above 16p and not 16p or above, guess only time will tell and then it only becomes the right of the company to ask for the warrants to be exercised, doesn't mean they will.

20p? Any mention of gold from the first hole at redsetter next year and this will be in the ££'s once investors realise the proximity and similarity of the geology to GGP. I'll continue to hold and screw trying to trade it. AIMHO

I was in GGP well before Newmont and then Newcrest came sniffing, i used to hold 2 million which i'd bought at 0.3 of a penny(just wish i'd kept hold of them), i see WSBN at the same point as when i first got into greatland, with some good results i can see this going the same way as them......i certainly won't be selling out early this time.

My thoughts entirely, at £1 the MC here will still only be 1/10th that of GGP who also won't have taken an ounce from the ground, just gotta hope for excellent grades as and when they become available.

Indeed, and with a six times larger magnetic target to aim for....what's not to like here?

Thanks to BurtonD for the interview link. Hopefully a merry christmas for all of us....bring it on PC!! Finally :)