RE: Black hills results expected12 Oct 2019 10:41
I'm going to stick my neck out and say that I don't think Black Hills is going to be what we hoped for, and GGP will be reassessing the priority of this project. It is possible that the more intensely mineralised areas have been missed, but unlikely. Much better to focus on Havieron results and Scallywag survey work. Firetower is ok, and it would be interesting to see more results from that. Scallywag could be a huge catalyst for us, and any more good results from Havieron will cement it's future. On the markets, all junior exploration and resources are out of favour right now and there is some risk aversion. We have held up extremely well compared to other companies in the same space. GGP is well placed to overwhelm any market negatives - importantly, we have gold and copper which hedge each other, and there are very few companies on AIM that have the potential we do, as large high grade assets are everything in this climate.