I hadn't realised they were drilling Goliath in a few weeks, think I missed that. Incredible, looks like a bigger HAV.
Imagine - next drill results are as good as the last, plus they hit at Scally, plus a hit at Goliath, and then a good MRE mixed in between that............££££
TMT - agree on the timing of news release. The timing of the release is very important, GH knows this very well and always seems to get it just right IMO.
It should be an overview of the NCM FY figures, update on all their on going at Red Chris etc, and a massive juice of "look at this haveiron thingy, its a monster and it is going to make all NCM shareholders a lot of money (it will make GGP shareholders money too, but a bet lots of NCM shareholders don't care about that).
Nothing on Scally because as yet that is nothing to do with NCM.
Amongst all the positives, the most recent one is that they have applied for an actual mining licence. This means that they know there is gold in the ground, and they are going to dig it out and sell it for loads and loads of lovely wonga. You don't apply for a licence to mine unless you really, really mean it.
Excellent post :-)
Nice.
Hydro - exactly. There are so many things that make this way, way different to most other shares and companies, and all those things you listed are excellent examples of why GGP is different. And better.
I sort of understand why people get twitchy with AIM shares. Seriously, how many times have you had so much confidence in a share and then all of a sudden. BANG, it all goes to cr*p.
But again, seriously, this share might just be / is the one exception out of thousands. It is completely different to most others. Look at the results so far, not just exploration expectations, actual cold hard results. Then look at the people running the show. Put them together and you have a truly exceptional opportunity.
No fears from me. I will be holding for a very long time, or until there is a buyout.
Awesome stuff. Can't wait to see what's down there, judging by all those great big white hot spots....
Thanks for the link. Very encouraging.
The short term moves upwards are always nice to see of course, but I know that I am sticking around until buyout / takeover, which realistically probably won't be all that much longer.
Exactly, and the Scally commencement RNS could drop any day now....
Agree. A keover will be in the works, but many variables. They will have figures in mind depending on what the MRE actually is. By that time we will have some Scally results. If the Scally results are in line with the assumptions and predictions from the magnetics, geo etc, then it is further proof that the techniques that they use to identify targets, coupled with their knowledge, is a good match and gives more confidence to ti actually being a good target. If initial Scally results are good, someone will want to JV with them, or just buy the lot.
Not a bad evening :-)
Before we are locked in for whatever news awaits us......
I remember the day it crashed after the EG announcement. After all the expectation it was a blow, but it dropped so hard so fast I held all my shares because it wasn’t even worth selling them. Plus the interview with GH afterwards he seemed genuinely shocked.
I’m so glad I held, and actually that disappointment was worth it, and also thought me a good lesson.
Here’s to a much brighter future this time around.
More than compensated :-)
I just got NT to sell (only a dummy sell) on HL. Weird.
Probs around 2300 - 2330
I had similar thoughts. In the past there has been a rise going into news, and then nothing or a bit of a drop to steady after.
The big rise could still happen before news of course, maybe this afternoon or maybe tomorrow. But if it doesn't, and if the news tomorrow is as good as we are hoping for, does this mean that we might actually see a significant rise after news for a change???