Member Info for PortfolioPower

Agreed LW

I anticipate September right through to December should be a very hot period for OMI with multiple catalysts in play..

No harm in being positioned early.

OMI is looking good.

Would love it if it did the kinda move CNR did.back in the 2011 gold bull run in the lead up to their MRE.

20 bags over the space of about 6 months for a total resource of over 2Moz+

Every gold run tend to throw up a small cap junior or two which move from zero resource model held to a chunky resource estimate that really moves the needle if everything falls into place.

@Drankwell

Depends on the type of drill rod used and the rig's pullback capacity.

From what I can ascertain, they could potentially keep going down to 800-1000m

A lot would depend upon whether they continue to hit mineralisation.

They may also want to step out from the existing pads or from the same pad, drill down at a different angle to test the extent, orientation and the width of the mineralised ore body.

GLA

This is a diamond drill program

Should they see the need they can drill much further down using these diamond drill rigs.

They were limited by the RC drills used previously.

The diamond drills can go much deeper than the target zone so should the mineralisation that starter around 300m+ continue all the way down to 550m and remain open at depth, they may decide to keep drilling.

This should be the floor around here now that placing is out of the way.

If the drilling enables them to add sounces then some significant value should be unlocked

Market cap here doesn't anyway properly reflect the assets held.

The price action over the past few months tells the usual story of a resource stock selling off in anticipation of a fund raise.

Now the raise is out of the way, the SP should be finally free to start to recover.

GLA

Yep, agreed Antipa would be ahead at the moment

But if this wishbone drill program hits the motherboard all that would change.

Even SD has said their are more deposits in the Pattersons just waiting to be revealed.

It's their goal to grow their reserves, stockpiles and ROM.

The processing plant at Telfer is underutilised and can take way more feedstock before reaching capacity

It would clearly benefit GGP if they were to agree an arrangement with wishbone given the proximity of Red Setter to Telfer.

It's less than 8miles by truck

They could have a conveyor set up to red setter quicker than building one to Havieron.

But even If they started trucking from RS to Telfer the costs involved in thie would be miniscule for such a short distance.

I also think they wouldn't want the risk of another major sweeping in and stealing a deposit from under their noses should results start to come in confirming another 'Telfer like' structure is sat eight next door to them.

Jamesp21 Premium Member

Posted in: WSBN

Posts: 4,358

Price: 0.605

No Opinion

RE: TAKEOVER rumours by ggp are circulating again 🚀 🚀 🚀17 Jul 2025 14:13

I hope you do hit a discovery hole as it will benefit GGP in the long run, and investors here get their pay day. Best of luck

Worth reminding of the GGP drill results for their

Maiden West Dome Underground diamond drilling program announced earlier in the year. Since these results have come out GGP has put on an additional £1billion in market cap..

--------'

§ 16 of the 19 holes drilled in this program intercepted >50 gram-metres Au (gm), with the average down hole intercept from these 16 holes of 23.2m @ 2.95g/t Au and 1.07% Cu (4.23g/t AuEq1)

§ Exceptional results included:

‒ 14.3m @ 9.06 g/t Au and 8.57% Cu (19.34 g/t AuEq) from 290.4m

‒ 59.0m @ 2.83 g/t Au & 0.71% Cu (3.68 g/t AuEq) from 259.0m

§ Mineralisation identified over 700m of strike and remains open along strike and down dip

§ Drilling confirms high grade mineralisation in the West Dome Underground is associated with the same geological units seen at the active Main Dome Underground, which has produced more than 3.1Moz gold and 210kt copper to date

§ Existing infrastructure supports the economics of a potential West Dome Underground Project and would accelerate its development

Company is well cashed up now with a flexible contract with APEX in place and over £2m cash at bank.

If the APEX crew start to repeat the recent drill successes they had over with EEE (empire) then I think we can expect the drill program to be extended and further drill holes and ongoing newsflow right through the summer and beyond

Sounds like will be be receiving regular updates now works are underway.

GLA

Ed Mead, Wishbone Gold WA director, commented;

" Access routes have now been opened, and the drillers have mobilised to site and established the necessary site works to drill. As of yesterday, the rig was over the first of two drill holes that are to be deepened from around 300m depth down to around 550m target depth and had successfully run casing to near the bottom of the first hole.

We expect further drilling towards the new target depths in the days ahead. "

Excellent post Element1

Some of the land packages that Garrett has acquired within GSCU were once owned (and even briefly mined) by ANTO f agasta back in the 90's where they mined the much lower grade areas before hitting on their other licences nearby and the rest ie history with their SP exploding from 10p to over £22 quid last year.

Garrett has not only managed to pull together the surrounding licences into a single company vehicle for fbe first time ever, he has subsequently hit much higher grade zones of both copper and gold with grades well in excess of those historically mined by ANTO.

Gervais Heddle has also invested in GSCU.

I mentioned the opportunity over a GSCU when it was sat on 1p support and no one was posting on there at all.

Same as WSBN when it briefly dipped to 0.95

Same as EEE when it was sub 1p

Same aa FRES when it was 440p

Sadly each and every time anyone mentions a potential 'opportunity' elsewhere, the same 2 posters always pop up trying to preach how all these 'opportunities' elsewhere should somehow be discounted due to XYZ risks.

I'll remind everyone that there is risk in ALL mining stocks. GGP is no different and I hold a decent weighting of my portfolio here. .

Management of the aquifer at Havieron which will require a significant undertaking of major engineering works to manage the water will be crucial to the future comercial success at HAV.

GGP doesn't need defending 24/7 it's a maturing mining stock now.

Shame the same can't be said about a certain handful of posters.

Other opportunities are just that.. other opportunities.

If you get upset by anyone posting about other companies on these bb's take a break from the bb's.

Those that have been around a very long time will remember that a lot of fhe early retail PI's who started shifting large amounts into GGP did so as GGP was a hot topic over on the Taylor Wimpy bb back in the day.

GLA

Should see the drilling mobilisation RNS landing next week.

Looking forward to the crew from APEX getting to work at Red Setter.

Constantly NT to buy in any size

Taking multiple attempts to get a buy quote atm

Another cracking day for all shareholders

Excitement building day by day as we head towards the commencement of the planned drill program next week.

Well done everyone.

Time for a few cold ones & BBQ now.

Same again tomorrow

Good point islandgirl.

I also recall UFO hitting £100m market cap on pre drilling speculation alone prior to their Mexico silver JV announcement back in 2020.

And they didnt have anywhere near the excitement of a diamond drill program right next door to Telfer in a raging bull market for gold.

If WSBN hit some nice intercepts , this will be trading well north of £100m market cap.

Worth noting also that GGP recently hit some very nice intercepts when drilling out the West dome at Telfer that many didn't believe they would hit.

And they believe there is alot more gold and copper to be discovered all around Telfer.

Casper

The market cap here has been even higher than that.

Back in Jine 2021 the market cap here hit just shy of £34 million on speculation alone.

We are currently trading at less than half of that at present

Since then, lots more technical work has been completed to enhance the geophysical understanding of the ore body and target main dome structure within Red Setter.

Drilling to comence next week.

GLA

Another tick up

Relentless buying day after day as we close in on commencement of this summer's drill program

Ever since WSBN got Apex on board, this is very much a 'risk on' play throughout the summer program of work.

GLA

If you are at all interested in the resources exploration sector in any way its a completel no-brainer to have some exposure here now for the upcoming drill program