RE: Haverion7 Feb 2019 19:06
@Daes999 18:41
1)Havieron was bought at some $250,000 from recall + shares issued? So, under Gervaise Heddle [new CEO], they may have seen something etc. From what I have read, to stake a licence will require some A$60,000 nearby. So, this was not staking but buying the licence.
2)Newcrest drilled a few holes at Havieron and one can see the grades and intercepts. According to Salpetite, an Exploration Geologist with 25 years experience, he provided a very detailed geological answer in that they missed it and also they did not go as far down in terms of depth. Usually, co*s just drill 4 holes as a test drill and often not deep enough. I understand that Newcrest owned quite a lot of licences in Paterson so perhaps quick more shallow drill and off to the next. Salpetite is Australia and posts at an Australia site.
3)Everyone has heard of GGP in Australia now via their national newspaper like The Australian etc.The mining community has also heard and heard of their exceptional results.At the London recent GGP AGM, Australian mining experts were present in the room + "Suits" and not many Pi*s. So, everyone has heard.
4) Havieron Hole 1 was good but it was HOLE 5 that had EXCEPTIONAL GRADES.
After Hole 1-4 results, investors did not quite appreciate Hole 2-4.
Hole 5 results were awaited and the GGP RNS said "MASSIVE....".
The mining world cannot follow every co but WAIT until results are out and then it comes to ATTENTION eg via Mining Journal etc. Steve Torodruk said they review all the results and from there they follow it up.
On this forum, with research into Telfer and "Massive" terminology, one could get the idea that Hole 5 appeared to be
? as proved by the assay results.
So, at 1.08p, one could have got in BEFORE Hole 5 results were released. So, we did a HEADS UP.
The story of Havieron [GGP].
Thur 7 Feb 2019