DYOR - Just found this15 Dec 2021 15:11
Rick Rule Investments - Greatland Gold plc (LSE:GGP) One of my current big wins for my clients. I got them in about 2 ½ years ago when they drilled their big discovery drill hole #5 of 250 meters grading 5 grams per ton gold. This is one of the top new discoveries of the last 10 years. JV partner – Newcrest Mining, just announced a maiden resource of 4.2 million ounces of gold equivalent. The deposit is wide open so as Newcrest continues to drill it while they soon start driving an underground decline, I am certain the deposit will get a lot bigger. Newcrest should take them over but if Newcrest feels the takeover would be to expensive, the worst case scenario is that Newcrest starts mining this very profitable deposit and doesn’t takeover GGP, then Newcrest will have to share 25% of the profit from the mining operation meaning GGP turns into a very profitable miner and would be re-rated accordingly. Be patient.