Member Info for news

There has been 2 days of "noise" [?] and the sp had fallen

Day 3 today, Tues 13 Feb 2019 - Share price at 9.10am is now up + 2.92% [Blue].
The advertised price [allowed to post] is 1.75 to Sell and 1.76p to Buy.
However, on trying to obtain a live price for Normal Mkt Size, there is NO live price. This is on HL.

History.

On HL, my 520 shares is showing a share price of 2.6p. If I sell [?], it will return £13.52 of which is not deducted yet for broker commission. I don*t need to do anything LoL.

mikemike

Thank you for the courtesy of a reply.

What would I like to see?

I remember one chap from academia that bought £50k of CHL stock in those heady days. I hope for his sake his wife never got to know.

I have developed an American attitude [please people dont ...]. I feel that a win of any sort would be good but commercial sense also has to provide a balance?

In terms of management speak, one has to prepare for worst case, mid-case and best case.

So, hence, why the CEO*s thoughts would be good to know. If CHL were still on AIM, it could be a shell and an RTO sought.

However, since CHL is on NEX, I am not too sure it is possible in that exact way.

I would like to think that there is a way of progressive thinking and a good outcome whatever happens from a progressive leadership in this co?

Maybe I am not a quitter. From my years on AIM, I have learnt resilience and fortitude.

However, I may wish to put up my feet sometime soon, hence why I asked.

Once again, my appreciation for the reply.

Tues, 12 Feb 2019

I bought 520 shares on 5/12/2016 as a Xmas punt. At HL, one can click the stock symbol and it will take one to data which shows when the stock was bought etc.

Since, it is not tradeable online, I have just left it since the sum involved is too small to worry about.

However, it has given me a opportunity to delve more deeply into tribunal cases. Suffice to say, I have not bought any other tribunal cases since following CHL*s case closely. It has allowed me an opportunity to know the finer art of arbitration.

In the past, there were investors who were in touch with the CEO of CHL.

Is anyone still in touch with him?

I wonder if he has forward plans for this co, post arbitration results?

Thanks.

Tues, 12 Feb 2019
CHL is quoted on NEX currently.

"Property & hotel mogul Ervin Vidor ups stake in Sipa Resources and pays a 23% P r e m i u m."-Stockhead, Australia, 11.2.19 [Overnight news].

Link: https://twitter.com/StockheadAu/1094785628502016

Hightlights:

"The Paterson province has become a particularly hot topic following reports of a big copper find by mining giant Rio Tinto in the region."

"I n d u s t r y watchers say the speculation has put P a t e r s o n province on the m a p as an exploration h o t s p o t and is very r e m in i s c e n t of what happened at Fraser*s Range after Sirius Resources made its big Nova-Bollinger discovery, when Independent [ASX] quickly swallowed up Sirius in a $1.8b deal."

"The Vidor family has other "minimal" investments in junior explorers, but Mr Vidor would not say which ones."

"..Mr Vidor...has agreed to stump out an extra $450,640 to take his stake to 10%."

"..to help fund Sipa*s aggressive copper exploration program in the Paterson province in WA."

"...in order to stay in the Top 20 to establish a potential c o n t r o l position if the co makes a big discovery."
*******************
>Telfer Technical Report NI43 -101 posted last night:
For the avoidance of doubt, may I respectfully point out that in earlier PRE- Hole 5, the research on Telfer only showed the e a r l y initial intercept and grade for Telfer. Why? At that stage with only Hole 1 [2-4], it would be appropriate to only research early>early results.

Last night*s post re: Telfer*s Technical Report [Indic & Inferred] submitted to the Canadian authorities by Newcrest is to provide a balance of objective e v i d e n c e that the expectations of some British investors that the grades for Hole 6-9 at GGP*s Havieron might ? [or wish] to come in at 5g/t of gold or better must be looked in light against Telfer, the mine results.

This is especially AFTER salpetie*s [exploration geologist in Oz - 25 yrs exp] post on Hotcopper Australia re: Greatland share price that these above expectations were not met as "expected."

It cannot be wrong to put the facts for EACH investor to check, after all SPROTT*s note also used the Telfer comparitive as that was the nearology play being 40km from GGP*s Havieron. In the NI 43-101 report, Telfer had to use O*CALLAGHAN results as a benchmark as that is also nearology - so s t a n d a r d.

Note: GGP at Havieron sits at the s t r u c t u r a l corridor to Rio*s rumoured said find. So does Sipa and Antipa sit at the structural corridor [from Sipa website]. So, industry news and news re: Paterson is on-topic.

DYOR. Pl check.

May I also respectfully say that everywhere ie in America, on Twitter, the s h o r t thesis alone must be countered with some factual objective facts/evidence? That is b a l a n c e?

In case not clear re: Telfer Technical Report NI-43 101 as submitted to the Canadian authorities:

"Telfer:
Total Indicated Resources
480Tonnes
0.84g/t gold
& 0.12% Cu Copper

Telfer:
Total Inferred Resources
73 Tonnes
0.79g/t gold
& 0.23% Cu Copper

Note: It bunched up so posting clearer figures.

SPROTT
Paddy Gall [See link earlier] also posted the Sprott note on Greatland Gold. Sprotts also compares Havieron to TELFER and the grades of Havieron also show they are better.

So, Primorous and Sprotts compare Havieron TO TELFER mine which is the style in the Newcrest NI 43 101 report as it compares Telfer with O*Callagan nearby. See map on https;//greatlandgold.com/paterson/

Mon, 11 Feb 2019 @8.20pm [Stock Mkt closed]

Primorous CEO via RNS on further purchase of GGP shares:

"These excellent results only further compound our view that Havieron has the h a l l m a r k s
of a globally significant gold copper deposit in a world class mining jurisdiction. "

"We note that on 5 Feb Greatland announced a host of what we consider to be o u t s t a n d i n g results
for the 2nd half of the discovery drill programme at Havieron, comprising Hole 6-9."

"I researched my Thesis on instrusive-related gold deposits...and studied the nearby TELFER geology & geochem."

"We will be investigating expanding our stake in Greatland should funds be available to do so as we believe they Will Firmly be on the R a d a r of I n d u s t r y P l a y e r s looking for P o t e n t i a l T i e r 1."

Link: www.lse.co.uk/member-info.asp?nick=PaddyGall

SPROTTS NOTE Link etc also given on the same pg 3 under Sprott Wed 22:24
Australia comment also on the same page.

Comment:
Some backup of the NI 43-101 Telfer Technical Report vs Havieron results to show what Primorous CEO above is talking about.

Mon 11 Feb 2019 @ 8pm [Mkt Closed] DYOR. Please check.

"Telfer Technical Report - prepared to NI 43-101 [Stan of Discl of Mineral Projects] by Newcrest."
Link: https://www.miningdataonline.com/reports/annual/TechnicalTelfer2013.pdf

Pg 9, Table 1.1 [133 pgs]

Indicated Resources Tonnes Au Cu %
Main Dome OP 210 0.67 0.09
West Dome OP 170 0.66 0.06
Telfer UNDERGROUND 96 1.5 0.33
Other Satellite Deposits 0.57 4.2 0.33
------ ------ -------
Total Indic Res 480 0.84 0.12
=== ==== ====

Inferred Resources
Main Dome 2.6 0.56 0.09
West Dome 1.1 0.46 0.06
Telfer Underground 53 0.95 0.21
Camp Dome 14 - 0.37
Other Satellite Deposits 1.7 2.58 0.08
------- ------- ---------
Total Inferred Res 73 0.79 0.23
==== ===== ======

TABLE 1.2
O*CALLAGHAN
Indic Resource 69 0.29 [Cu%]
Inferr " 9 0.24 [ " ]

Note: O*Callaghan is the comparitive mine NR Telfer [NO gold]. Au=gold & Cu%=Copper.

HAVIERON [Standard to compare to TELFER as above]
Hole 1 [25.6.18] 121m 2.93g/t gold 0.23%Cu

Hole 2 [4.7.18] 1m 5.9g/t 0.24%Cu

Hole 3 21m 3.78g/t 0.44%Cu

Hole 4 Table too long

Hole 5 [19.11.18] 275m 4.77g/t 0.44%Cu

Hole 6 [5.2.19] 367.1m 1.15g/t 0.44%Cu & 176ppm Co =367.1m at 2g/t EQUIV

Hole 7 " 77m+149m 0.63g/t &0.29g/t 0.14%Cu/0.11 42ppm/51ppm Co
Hole 8 " 89m 1.97g/t 0.8% Cu & 362ppm Co=89m at 3.68g/t gold EQUIV
Hole 9 117m/74.5 0.16/

On HL, no record of above share price for GGP. I have just checked 5 pages?

Mon, 11 Feb 2019.
@16:02

mickey1122

You asked me to let you know once I have finished my re-calibration in light of salpetie*s post last night in Australia of 10 Feb 2019 [re:GGP].

I spent the whole of last night reviewing:

1) Telfer mine near Havieron [some 40km away]. Mackenzie Wood wants to charge $2,200 for the report on the Telfer mine so I had to look at other sources.

I had to re-visit their results again in light of Hole 6-9 at Havieron.

2) Today, I spent time to copy down all the Hole 1- 9 results of GGP*s Havieron.

3) I compared note 1 with 2.

4) I looked up Newcrest*s detailed Havieron drilling results of some 6 holes.

5)I revisited Encounter*s results from their drill near Telfer for nearology purposes.

6) I also found GGP*s RNS of 19 Nov 2018 insightful [para*s that start with MMI and Forward Modelling].

7)GGP*s RNS of 27 Nov 2018 re: Geophysical Modelling useful.

This means that Hole 1-9 are viewed against a set of benchmarks ie Telfer, Havieron historic drills [Newcrest] & Encounter which gives an idea of the drill results near Telfer [nearology]. I did Olympic Dam [IOCG] in the past but this time, I have decided not to include this at this time.

In the case of Solgold*s Cascabel, the entry of a major [BHP] was around the time of the 16-17th Hole. Dr Rothlach [PhD] suggested doing some 18-23 holes then. There is NO inference. This is just an example of the pathway of the drills then. History now.

So, as GGP is about to embark on new drilling in March 2019, there are further results to come. Also, wireline would be helpful.

At the end of the day, the end objective is to find out the TONNAGE and the overall average grade, norm for all drills. As things progress, the model may become more defined as in the Solgold case, as is norm.

That*s my outline re-calibration but everyone has to do their own & a/c to the Methodology they USE. All I have done is to RE-VISIT the GGP results and said RNS and the Telfer drill [limited as I do not have the full report] + Historic Newcrest drills at Havieron.

I will be putting my feet up after this. DYOR. IMO.

Sun, 10 Feb 2019 @9:05pm.

TomE

The context: Paddy Gall asked salpetie about the share price drop in Greatland Gold on Hotcopper ASX.
Salpetie*s reply gives the reason why:

1)Sell on news - not something unknown -standard.

2)"Regarding the SP drop of GGP the Sprott sensitivity table may give some clues: Table 2 Havieron ounce potential sensitized to grade and depth extent. The bulk grades in Hole 6-9 are towards the lower end of this with EXPECTATIONS IN THE 5g/t AU E Q would have been disappointed."

I guess that salpetie may have read this forum to be able to say that EXPECTATIONS of 5g/t Au Eq [Equivalent = includes all copper etc credits]. I did read that the expectations 5g/t and BEYOND.

I have been reading all the forums LEADING to the Hole 6-9 results and no where else were people expecting 5g/t Au Eq as that would really be TOP END of Sprott*s sensitivity table 2 as above.

Salpetite [prior to results] modelled forward figures to include a range of 1-6 [much earlier post] vs Sprotts 2-5.

SALPETITE*S - Top line post and 12 pages of pdf on 10 Feb 2019 on Hotcopper ASX entitled: "Greatlands share price."

So, Greatland Gold has drilled Hole 1-9 Havieron, Paterson Province, Western Australia. Share price: 1.865p, Mkt Cap £60.2m, Shares in Issue 3.2b, High 2.53p and Low 0.53p [52 wk] as at Fri, 8 Feb 2019.

What now?

I have gathered all the views: Primorus CEO on GGP, DL/Mead of Artemis on GGP, Sprott note [Salpetite said in one of his notes that it has a lot of DISCLAIMERS], Australian press, GGP*s RNS & Interviews and Salpetite, a Exploration Geologist of 25 years experience [not an Economic Geologist] with a good overview and educational. [Mkt closed period ]

So, now, investors or speculators [forecasters as per Rick Rule] must now CRUNCH all the numbers to make a sense of it.

GGP said they will update on their 2019 plans? They said they doing the WIRELINE? So, soon, we will know how far they intend to drill but from past information, they think mineralisation goes to 1,400m?

Sun, 10 Feb 2019

Spymaster25 & mickey 1122

I have been spending the last few hours trying to locate salpetite*s TONNAGE estimate and grade estimate PRIOR to the actual results released for Hole 6-9. I remember only the tonnage but not the grade but this is only from memory.

Salpetie had NOT seen the Artemis Aeromagnetic Survey over Greatland Gold*s Havieron/Scallywag and hence he comments further in his thesis and hypothesis of some 14 pages via pdf which was included in the post of 10.2.2019.

Ha Ha, must have given everyone a headache?

I have been following salpetite*s posts for quite a long time now so I have less to crunch as each is an update.

As for me, I have posted Encounter*s drill results [near Telfer, Paterson Province, W.Australia] on this forum and this is the range of the geology in Paterson, WA nearer Telfer.

salpetite [without capital for S] did some earlier work last year [sometime in Dec 2018] comparing Havieron with Ridgeway & Carrapateena in Australia.

Interesting that salpetite has covered himself by quoting GGP*s GH, Sprott*s note and Artemis Aeromagnetic Survey + Newcrest*s work relating to GGP*s Havieron etc.

I have been listening to Rick Rule, CEO & President of Sprotts as to how he made it. He said he had a mentor who was generous. Rick Rule also said that mining speculators have to FORECAST. Rick Rule made a lot of money and lost it and more. But he must have made it back as I believe he is very wealthy?

The founder of Sprotts is Eric Sprotts and he was an analyst and later a fund manager [See Wiki].

Forecasting is not easy. In simple language, once the facts, geo models are given etc, one has to try to decide what is the actual results going to turn out in say 5 years time or more if they continue to drill like Solgold. Solgold will be releasing the PEA soon ie Qtr 1 2019. However, when they started out at 2p placing to start up at Ecuador, the mkt cap was £8m. Now, now at 35p+, the mkt cap is around the £660m mark. Big difference. Mind you, it has gone to 45p via the major paying that. History now.

I got an easy ride on Solgold - they gave the estimate right from the beginning and this has come in SPOT ON ie Maiden Resource [Initial] and 2nd MRE. Only the grade overall was not the same.

Of course, one can wait till the results become very clear but then that will not produce as spectacular gains would it??

From the stories I have read, I recall the Rick Rules of this world get in at the low or lower levels and ride it to the top eg Garibaldi started at 15c and reached C$5 at one point from recall. I read Rick Rule*s story on Garibaldi [nickel].

I think in simple terms, its called "Take a View."

I have to think more about it and re-calibrate. Will take quite a while.

The courtesy of a reply. I have covered myself in that I make NO predictions,NO forecast, NO advice etc. I have ONLY posted the range of others inc large publications & Sprott note.

Make sure to sign in to read salpetie*s pdf of 12 pages. It is IN ADDITION to the top copy: "HAVIERON POST HOLES 6-9 paddy gall.pdf" [not my caps but salpetie*s]. It is in blue to signify CLICK on the link. Very interesting especially about the Artemis Aeromagnetic Survey etc. He has done a RE-MODELLING? I am only starting on the pdf now.

Sat, 9 Feb 2019.

OK , that is all from me. I have my answer now with thanks to salpetie etc.

Link as per your request:

https://hotcopper.com.au/asx/azy/discussion/

See the TOP post: "Greatlands share price" by "salpetie" at 00:57 so it will be Sun, 10 Feb 2019 in Australia.

"salpetie" answers Paddy Gall and the ARV Aeromagnetic Survey by Artemis ref: Greatland Gold*s Havieron & Scallwag.

Sat, 9 Feb 2019 6.30pm

by Artemis via the said tweet and their RNS.

Salpetite has now answered to Paddy Gall*s question. Salpetite, 25 years Exploration Geologist in Australia has also answered relating to the Artemis Aeromagnetic Survey over GGP*s Havieron. Salpetite being a Geologist in Australia has seen Newcrest*s 2005 Aeromagnetic Survey and he comments on this and ARV*s Survey.

NEW NEWS.

So, please go over to Hotcopper Australia and check what Salpetite has said.

So, that covers this subject matter.

End of discusion on this.

Sat, 9 Feb 2019 5.30pm.

Oh, joebop, I forgot that I need backup.

"BHP New World Class Copper Strike In South Australia." - AFR, 28 Nov 2018
The Australian Financial Review is a established publication in Australia. Go to London South East BHP forum to read as its on page 2 of the forum with link. BHP*s Oak Dam referred to by the AFR gives also the Holes drilled, which is ONLY 4 HOLES and one can see the grades as I have posted them.

"It could be BIGGER than Olympic Dam-This is the most phenomenal drill bit in many years."-The Advertiser,28.11.2018

Again, another Australian publication.

Comment:
Over here on GGP, there have been 9 HOLES drilled [HAD001-009] plus Newcrest*s historic driling. PRIOR to Hole 6-9 results, Sprotts wrote the note on GGP*s Havieron and it was quoted ">10MOZ" and from recall I think they said lateral was not taken in yet in their cals [please check].

So, if anyone please refer to Sprotts as they did the note ONLY ON 5 HOLES ie GGP Havieron Hole 1-5.

Again, covered myself for external review or on London South East -backed by evidence and NOT what I say but from the CEO of Primorus and Sprotts and Australian publications.

Thank you.

Sat, 9 Feb 2019
Please note that the Aeromagnetic Survey from Artemis on GGP*s Havieron was posted on Fri, 8 Feb 2019 well after the mkt closed. In their comments on GGP*s Havieron ie Mead [Chairman], he has to back his comments with the said Aeromagnetic Survey and it was via an Announcement or RNS as it is known in the UK. Again, it has to be backed as they are strict in Australia.

joebop

Kindly note that the CEO of Primorus in their further investment in GGP as RNS*ed said: "POTENTIAL TIER 1" and not "TIER 1." By the way, on Hotcopper Australia they used darkened letters but there is no such facility here on this forum. I used caps for all my posts. Saves me looking through. Thought I should let you know.

Spymaster25

You may not be aware that one individual posted on one of the very popular shares. He also did it on Twitter.
Of course, his research was his own assumptions etc.

When the drill did not turn up as he thought, I believe the FCA contacted him? He does not post anyone on boards or Twitter with his own assumptions any more.

I do NOT hold an FCA licence, nor do I have a geology degree and classed both as a Exploration & Economic Geologist with a C.V at Rio or BHP and hence I have to be very carefully in my post. I usually quote and not give my own assumptions.

I did not want to post the Artemis Aeromagnetics on Greatland*s Havieron on this forum. Why? Easier to keep it to myself so that there may be no further comments.

I was looking for geologist to explain the anomaly that ARV*s Mead talked about to learn more. So, far none want to share.

So, it is for my own posting security if viewed later that whoever it may be will have to take on the established sources eg Sprotts. At the FCA, the first thing they want to know is: What does the broker report say. Someone rang them about GKP and that was what they wanted to know.

So, its for my own posting record that I want to keep ie that I use established sources and EVIDENCED by the written in my posts.

Maybe, others may be aware that there could be external review? I know of more potential cases?

Since this is Saturday, the mkt is closed at 2.10pm.

If there were no further comments, I would have left it at that but since I read the comments, it cannot be wrong to protect my posting and ultimately my posting record on the London South East.

I am off now. That*s all.

Spymaster25

I have said why I posted the bullet points. I will not be having Primorus bullet points unless I post it myself and it will appear on my posting history for me to check later with dates.

I did thank Paddy Gall who posted it first re: Primorus RNS. Your post and Paddy Gall*s will not appear on my posting history to check in later years.

Just posting LINKS may not do. The link itself gives the Artemis RNS but so far no one picked up on the Aeromagnetic Survey done by Artemis. So, it does need an introduction.

On Hotcopper, they may be more nuanced in GEOLOGICAL models and hence, it does not need comment.

Finally, the SUMMARY needs to be done. Why? I have read the comments after my post from the Artemis Survey and I have to BACK up the DEVELOPMENT SYNOPSIS.

Otherwise, for the less nuanced in geology in Britain, I may have to have the factual objective via geology to back up my post ie the FACTUAL FROM ESTABLISHED SOURCES eg Sprott*s Note.

That way, anyone checking will have to refute the established sources?

For my own posting security.

P.S.

The link to Artemis *s comments on Greatland Gold*s Havieron by the Executive Chairman Mead is via
https://twitter.com/Artemis_ARV/status/1085658722095919104

The tweet shows the full Aeromagnetic Survey over Havieron and Scallywag belonging to Greatland Gold.
See notation 1 of my post earlier.

SPOTT NOTE - Greatland Gold
I have already posted the qualification of the writer of the note who is an Exploration & Economic Geologist with PhD [Distinction] and BSc [Hons] from Australia and who did stints at Rio.

Comment:
Steve Tododruk of Sprotts did a video interview and it has already been posted on this forum. He said they look for the SIZE/scale and therefore it will not be just individual holes grade results alone but the overall grade that is important.

One can see from the initial Maiden Resource Statement of Solgold in Jan 2018 that it is about tonnage & grade [takes in all the drilled holes and out comes the grade and not just the world class intersections].

So, for me, these are the geologists who have come out with the above.

From Solgold, their methodology is also via geological model based on several metrics. So, it is an objective exercise.

So, up to the individual what they take from it and how they wish to proceed with their investment in GGP.

Primorus CEO [did a study into Telfer] said that Greatland Gold*s Havieron may be a globally significant deposit [check his exact words] and potentially Tier 1.

Together with Sprott*s note written by an Exploration & Economic Geologist with PhD [Distinction & BSc [Hons] from Australia and stint at Rio, Artemis Aeromagnetic Survey + Mead & DL comment & The Australian - it has been widely viewed and so far no rejection as far as I am aware at this time?

As the Primorous CEO said in his recent RNS about Greatland Gold - he mentioned "HALLMARKS" for his hypothesis and also a study into Telfer [the legendary mine next to GGP*s Havieron]. Sprotts note is also based on their study into Telfer and they give the Telfer results vs the Havieron results.

The Primorous CEO was looking for "CONTINUITY" PRIOR to the Hole 6-9 results. Hole 9, some 350m from the discovery hole was mineralised. As for BHP*s world class discovery find at Oak Dam near their own legendary Olympic Dam, South Australia, the expert commented that 400m of continuity was what they were looking for [See results and expert view on London South East BHP]. BHP ONLY DRILLED 4 HOLES and potentially world class.
So, the experts look at "HALLMARKS" to match Olympic Dam actual drilling reports etc.

For me, I will not be spending time looking at hole to hole from now on as the experts appear not to do it like that since a mine cannot be based just on world class intersections alone. I have posted that even for Solgold, NOT all 70+ holes drilled are world class intersections.

DYOR. IMHO. Please check.