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Reviewing the trades this morning, the shorts are selling a significant number of shares this morning for what appears very little gain. Approximately 90 million shares out on loan now and they will have to repurchase at some time. Grand ouch.
I suggest everyone puts filters on Tinners, Culpepper and any other space cadet that scaremonger. Devoid them of the oxygen to breathe. I have. All I see now is green boxes and people who reply to their bullsh.t.
Major success - Fully agree. Newmont will make you money I don’t doubt this but GGP is a life changing investment. The really shrewd gold investors target the 5 to 10 baggers and GGP qualifies here.
As I stated previously should SD succeed in making the deal (and I believe he will) GGP will move from explorer to a mid tier miner. This is transformational!!!!!
It is my understanding that L&G have taken a 2.5 % share holding and purchased within the past several months. My recollection is that they purchased shares at prices of 8 to 11 pence each. I believe Hydrogen has ready access to this information.
For me L&G taking a significant holding in GGP was a strong vote of confidence in the company. We are not talking about some half baked DIY armchair critics who use up valuable daylight but skilled analysts who have carried out proper due diligence. L&G are a cautious high performing investment company.
Philbrim - totally agree. At least this share discussion board is properly moderated. I do believe aim999’s caustic entry has been removed. He or she or it will move back to the ADVFN discussion board, the Wild West where anything appears to be acceptable.