Member Info for plode

How low can it go

"""My take

So for now I see a company with an unclear long-term commercial outlook, no revenue and ongoing cash burn. That does not strike me as an attractive proposition. There is potential upside here, for example if the Havieron feasibility study turns out to be very positive. But there is also a lot of risk.

Investing in gold shares involves considering precious metals pricing in general as well as the prospects of a specific company. The gold price has been riding high. Copper is also performing strongly and the threat of a growing mismatch between demand and supply could push it higher in 2023. That could help the long-term value of Greatland’s projects and, in turn, its share price.

But commodity prices will likely go down at some point in future due to their cyclical nature. They are outside Greatland’s control. I feel the company offers potentially high reward, but also more risk than I like as an investor. So although I think the share price could potentially rebound this year, I have no plans to invest."""

https://uk.finance.yahoo.com/news/greatland-gold-share-price-rebound-131901931.html?guccounter=1&guce_referrer=aHR0cHM6Ly93d3cuZ29vZ2xlLmNvbS8&guce_referrer_sig=AQAAADlnJXt4UuRmQsRv1kHP9ol9O2fS2VgzIyQS8QfLVZrHcUaVnJU2YydoBjwInel4m-5XA-qCx0sc_0YxPcuXN2F5c1ADxMLc7UhTNuqYtWBCEtyLRJlB6LOQlCMsRCk3kQtNzBPsPyFAhDm824RZdO9YmSaeKemiiB_IHxNfQmLB

What an awful awful year for this share. Truly dreadful.

Hannahjack you appear to have a weird obsession with replying to us. We're very much invested but it's important to call out people like that. People like that had a big impact on these boards and it's dangerous to allow people to be grossly misled by wild predictions that will be lapped up by those not curious enough to see otherwise. There's no need for bitterness

A gold price under $2k is essentially irrelevant. All the factors are there and it still won’t move. Just like this share

But Hydro said it would break out in December...

Whole lotta nothing just as we expected.

Plenty of buys but a share price of just 7 pence

Hardly a rally... Anything under £2k is essentially not newsworthy really...

Hydro told us all it was a matter of time before gold went ballistic. He said December 2022 and it’s nearly here hahaha. Please do your research and never listen to people like this.

But Hydro and all the other clowns said Nov/Dec time it would go ballistic hahahaha. It's scary that people read into these posts. It was all falling into place apparently.

A mere blip on an otherwise downward spiral unfortunately

Touched a nerve obviously. Tin foil hats springs to mind

Wow wow and wow what a truly miserable state of affairs here. Down, down and down with the new ceo

Who would've ever thought this share would be in the pits like this.

There's clutching at straws and then there's clutching at straws hahaha

Echo chamber widens haha, "we don't wan't to focus on the fact that our share fell off a cliff for the last 2 years" happy clappy thoughts

1 step forward 2 steps back, rinse repeat

Back down we come, all gains from Friday pretty much quashed

Hopefully the corner has been turned after 2 years of pain...