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if anything we have probability ended up paying them less than market rate for their services if they were to cash in their shares now, so suspect they will holding them to 15-20p+ range.

In return we have retained 60 million plus of additional value.

Sounds like a good deal brokered to me

I also think the fact the advisory team had opted for shares at the outset for services rendered rather than cash gives a good indication to their belief in the long term positive direction of travel for the SP here.

Also important to remember that this contractual arrangement would have been made a while ago when we first engaged their services

Circa 1m payment when spread across a full team of lawyers, accountants and advisors is small beer to have secured their services over the past year to nail down the 30%.

It's just the 5-day VWAP

Miniscule price to have negotiated the 30% retention over the full period of the deal not to mention the lifetime of the asset

Highly Value acreative arrangement which is good for GGP

Looking like breaking out the recent range today and then the run up to 15p is on and should be seen over the next few months.

Andrew forrest is an exceptionally smart mining investor.

Follow the money.

Smart move, it is breaking the range and all wishing they had picked up more when down in the 600's.

I think it's safe to say now any dips in the price of gold & silver will be heavily bought into.

AC in the latest video from 11.15min

"The resource is going to grow, and grow and grow again"

From 17.30mins

Talks about the present drill program in the Patterson next to GGP Havieron

"Expects to be updating shareholders in the next few weeks"

Discusses if we might be drilling the same ore body as Havieron that it wouldn't be uncommon and has been dropping into the greatland camp whilst on site, sounds like they have a good relationship with the newcrest drill crews.

Speedie

Dollar index rolling over and gold will continue to push higher.

Loaded up on a number of producers on the recent double bottom on gold and most +20% up in quick fashion

Now starting to mop up the cheap exploration companies as they tend to react after the producers but once they get going, the good ones will really move quickly.

GLA

$DXY index starting to roll over

Will be excellent for gold price

Position accordingly

GLA

With Multiple drill results due to be released back to back over the coming weeks from our crews working literally touching distance from the GGP crews at Havieron.

Should we hit a new discovery or extension to Havieron on our 100% owned licenses, the SP here is very likely to explode vertical.

Still extremely cheap below 3p as won't be surprised to see this back near the top of the trading range at 4p+ in the run up towards results.

Looking like the beginning of a multi week rally in the SP here now as we head towards what could be company making results.

Gold now tagging $1750/oz & just warming up.

Our recent MRE of 704,000oz worth $1,23billion of gold in the ground in a prime jurisdiction with average grade of 2.5g/t makes the present SP so deeply undervalued alone

@Orangutan73

As discussed below, HUM needs to reduce its AISC (all in sustaining costs) from what was announced in the Q3 results and caused the SP drop as when you have debt to repay you can only remain unprofitable for so long.

Was Q3 just a bad quarter in isolation, guess we will find out in the new year.

In the meantime it appears that they have the support of their lenders so they could have plenty of time to turn things around and a rising gold price will certainly help matters.

If you are looking for a value Australian goldie which is trading at the bottom of its trading range take a look at ARV (artemis resources) I've just posted thier latest CEO video up on their bb.

SP tends to yo-yo in between news periods and they were the first on site during this drilling season, have results expected over the coming weeks, has a 704,000 oz MRE Gold proven up, no debt, a nickel mine and processing plant, however the next news is the anticipated assays results from their drilling program next door to GGP and if they hit a new discovery next door to GGP suspect its SP could go crazy. Anyway video link posted on their bb.

GLA

Latest CEO interview......

Time for another
@ArtemisResource
quarterly update: https://youtu.be/oQO3YpEL54M Liam and Alastair discuss the most recent goings on

Interesting that ARV drill crews are almost holding hands with the GGP crews from the aerial photos.

Multiple Drill results due before Xmas to be released in succession, first cores already sent off to labs

Expect SP to gain traction as we head towards release of news.

If ARV announce a discovery next door to GGP's Havieron all bets are off.

GLA

ARV

Drill crews almost holding hands with the GGP crews from the aerial photos.

Muktiple Drill results due before Xmas to be released in succession, first cores already sent off to labs

Expect SP to gain traction as they head towards release of news.

If they announce a discovery next door to GGP's Havieron all bets are off.

Full video from CEO explaining it all in you tube video link below.

Time for another
@ArtemisResource
quarterly update: https://youtu.be/oQO3YpEL54M Liam and Alastair discuss the most recent goings on.

There isn't a share in small cap space that hasn't experienced a major draw down having seen a rapid 100 x bagger move.

Anyone considering taken a new position the question you should be asking is

Is the position GGP are in now vs last time they were 8p

A) Better
B) Worse
C) Same

I'd say that right now they are in a significantly better position now with funding in place to production and a lot more now understood about the resource at Havieron.

I suspect Andrew forrest's Wyloo metals also thinks (A) also as he is increasing his exposure here.

Suspect the institutions and hedge funds have a nice rolling short on BTC.

They will want to see the whales all get margin called IMHO.

Won't be surprised to see a volley of BTC scare stories served up to the global mainstream media in the run up to Xmas to hasten the flight of capital from the BTC exchanges.

Big premiums being paid for both Gold & Silver physical

Central banks took record deliveries of gold last month...

I wonder what they expecting to happen next. :-)

Good spot troajan

Some very cheap goldies about atm - but for how long..

Just in case anyone had missed the below from UFO (Alien Metals RNS)......

"Artemis Resources Ltd who have sold a total of £500,500 (143,000,000 shares)
and thereby now hold 215,617,818 shares representing 4.26% of the Company's issued share capital. The process was managed by WH Ireland at a price of £0.0035 per share."

Not sure If Artemis are looking to sell ALL their remaining 215,617,818 shares in UFO but if they waited to get just shy of 0.5p average it would generate a further 1 million extra in cash.

Or selling the remainder at 0.35p would genrate ARV further cash of £754,662.

ARV have yet to issue a Tr1 or RNS their sale of UFO shares on here.

Suspect they are still therefore selling UFO until they issue a RNS to confirm they are finished and therefore we should have more cash coming in.

> Results due on multiple fronts and noticed that paddygall has tweeted the recent paydirt article

paddygall@paddygall1
·
"Great write-up on @ArtemisResource in the Paydirt magazine.

Carlow Castle is looking like the real deal.

Fingers crossed for good news at the Paterson also ??

#ARV"

Pushing up against the top off the range again.