The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
Other mining companies I am invested in have typically taken 6-7 weeks for results to come through, these are also in countries which favour mining for precious metals e.g Australia. Taking into account xmas and any delay with covid such as ppl having to self isolate or close down for a certain period that are assessing the samples it doesn't seem overly delayed.
Shares at these prices will experience swings either way with double digits not being uncommon. The market needs something to digest until then patience is all we have.
Always nice to see. Maybe helping to maintain current price awaiting news.
Happy to see the share price holding until results come through with a platform to build upon in the coming monthes.
And that's the pinch point of investing when to buy, sell or hold. If we all knew that would be very rich indeed. Anyway we all have views and no one actually knows whsts going to happen can only prepare the best you can. Looking forward to assay results. Gla
Good luck to everyone as we all want to earn lots of money. My small piece of advice is not to tell people how to invest is just to remember its only profit once its in your bank.
I think the assumption is that they will be sent off and not to get too caught up in the wording in this instance. Looking like another blue day afterall
Thankyou for clarifying, I'd prefer if they sold their shares too.
Thankyou for your calculations. Please take this as a question rather than taking shots at you. How did you come to horse hill production practically quadrupling in 2021? I can see their september report of 208 bpd wondering if I've missed something as it contributes significantly to the share price here in the calculations?
There seems to be a lot of excitement from the 2nd december rns. I'm sure everyone can read it was the initial drill program which identified an extension to the main lode and the 2nd phase of drilling is due 1st quarter to see how far the extension goes. No it's not likely to be 3p in January even if they "strike gold" as there is so much more needed to get it out of the ground in terms of time for your investment. Accumulate your shares at this price while you can. The aim market is volatile at best at these prices and 20% swings either way are not uncommon on the daily share price.
I invested in ggp very early, 3 years ago. This is a good entry point for new investors and expect this to rise and provide good value for share holders
I'll be happy if we hold at 0.55 at this week. Shares at these prices can swing massively on a day. The momentum is building and maintaining a level is important in the long run for the share price.
That's the main point aswell even if a "big" company wants to get involved it doesn't immediately shoot the price up to 30p. There are so many other factors to take into account. That's why this company is very early stages in Greenland, a LTH for that and very cheap and investible atm.
I would agree I cant see any JV with bluejay the numbers aren't there. The most likely scenario is with a company with big funding but that is a wait a see moment until further information is given.
I invested just before the recent raise and the company has a good foundation for growth.
I'd like to see them part ways with ukog on horse and focus on the prospects from the presentation which look to have real value, there are many ducks that need to be lined up to see massive increase and the real value will be in the long term of this company. As an early GGP holder I can say following that journey has taken years. The greenland project interests me most especially with the highest grades of graphite known on the planet, this could be a great 2021 gla
Really interesting prospects for 2021 and nice to see everything. I'm particularly interested in the Greenland projects as I think these hold long term value for shareholders
Too much expectations on scally results. After everything this company has done for sp this year for you all of a sudden patience is wearing thin just before xmas and the company is somehow letting us down as shareholders. Take a look at yourselves
Reworded
Another year of broken promises it's almost becoming an xmas tradition if not a horrible one. Those with optimism still just move on and do your mental health a big favour. It's all repetition just recorded. Hope you all move on to pastures new in 2021 gla you deserve it after this treatment.
I think GH has been brilliant leading the company to this point not only the obvious share price for investors but the way he has conducted himself giving honest points of view and transparency when possible. We all know plenty of CEOs of AIM companies with personal intentions only. With the new appointment and him stepping down he still has the best intentions for the company handing the reigns over to a person who can take GGP to the next level, he still has shares in the company so clearly would want to maximise them just like the rest of us. All the best for the future.