RE: Newbie and some advice26 Apr 2020 08:34
MrP, I've also dabbled with some oilers and lost most of my investment on EVERY one: Echo, Sound, 88e, Hurricane and Savannah. It's always something: water, shale, sulphur, aliens whatever. Here it is different. The gold is there and exploration drillings from GGP and first mining reports from their partners NCM are very favourable.
Obviously it is hard to be exact at this stage because the finds in the current main project, Havieron, are several hundred metres underground.
However, all the pointers are that this is no ordinary find. Our own hero of the board, Paddy, regularly updates us with satellite images indicating a widening drill pattern, again suggesting a significant discovery.
Your investment pattern makes perfect sense of course but I won't be following it. Many here are anticipating a huge increase in the share price that will reflect the Havieron venture and several other finds by GGP yet to be exploited.