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If anyone cared to view share price action over a longer time period they would observe that each low point is higher than the last. There are many reasons for people selling, but I would say the main one is only focusing on the most recent activity. Investing over many years requires absolute confidence in the future of the company, and most people just cannot do it - the human instinct defaults to the need for quick returns. Trading or investing is all about doing the opposite to our normal impulse, that's why we should buy when everyone else has sold or given up.

If we really understand the level of activity building in the Paterson region and the relative position GGP has there, it's quite easy to see much to be positive about. Gold and copper demand will only get stronger in the years to come, and Newcrest need the recent investment strategy to work in order to provide continuity after Telfer runs out.

I have never sold a single GGP share after buying at an average of 0.26p, and I am not likely to for a good few years. Nobody was interested in GGP back then, but when GH was appointed and Paterson licenses where being acquired I knew this was a strong investment case.

Yes, weak holders will sell :)

The warrants are an important way for small companies to raise capital. If UFO are successful in proving a good silver deposit then the SP will appreciate even if there are more shares. Just talking about warrants in terms of share dilution is wrong. I personally prefer a company to raise enough cash to more than cover exploration costs.

https://www.proactiveinvestors.co.uk/companies/news/216387/greatland-golds-us65mln-joint-venture-deal-is-just-the-latest-in-an-ongoing-rush-into-the-gold-bearing-riches-of-paterson-216387.html

https://seekingalpha.com/amp/article/4249228-gold-miners-finally-making-interesting-capital-investments

AIMtowin691, it's your belief that the SP will go to 1.6 which means you will lose a lot of money over time. The long term holder is far more likely to make money if they hold the right stocks. Nobody knows what the market will do in the short term. If a good RNS appears your theory will fail, which is highly likely with GGP.

This is a very clever strategic deal, focused only around the Havieron discovery. The Newcrest blocks go flush against Scallywag, but do not enter it. This leaves GGP to press on with Scallywag and Black Hills this year.

What I was referring to was those hoping for better than the results we just had from the second campaign. For example:

HAD005 intersects total mineralisation (combined intercepts) of 275m at 4.77g/t gold and 0.61% copper (275m at 5.75g/t gold equivalent*)

HAD008: 89m at 1.97g/t gold, 0.8% copper, 362ppm cobalt (89m at 3.6g/t gold equivalent*).

Seriously? What is wrong with these results?

If we get 3g/t gold equivalent it would be just fine. As was pointed out, 2g/t would be ok too if over wide zones. I'm not dismissing copper and cobalt here either.

I see people are once again banking on higher grades on the next hole. When will they ever get it? We should be pleased if we get a lot more of what we had last time, but if we get the odd bonaza section count it as a bonus. It's scale that will creat value, not one hole of high grades. I mean, what if one hole is amazing and the remaing very low grade? Would you be happy with that? I would much sooner have 10 further holes averaging 3 g/t.

Seems like shareholder value is being created in spades. I am up almost 700% in about 3 years - can't complain at that.

If hedge funds are trading on AIM, they should be closed down. Proper risk managed portfolios are unlikely to involve AIM juniors. Maybe some big ones like KAZ, but the whole idea is just mad.

Office, agree totally. Trading AIM cannot possibly be described as professional. Professional traders don't trade AIM period. Ridiculous. Invest in good well researched companies and over the long term you will likely gain. The next problem is how people value and determine what is a good company. Many are way off the mark.

The current MCap does not reflect what we have now with Havieron. As has been noted, buying has been strong at this level and rightly so - good time to top up before the 2019 plan becomes clear. The markets are more volatile than a few months ago, but we are climbing steadily over time. Long term investors will ignore market fluctuations and buy when the opportunity arises.

Deas999, you have to take into account the price of gold when Newcrest were exploring the Paterson region.

strictlyinc, balanced portfilios are for know nothing investors or traders. You can't trade on AIM and consistantly make profit. Long term investers understand what they are buying and hold for many years or decades.

Academy, but what about all the profit you could have made in the next few months, if only you held your nerve?

Yashy, it's just a little pull back. No problem if you are an investor :)

These latest results can only be interpreted as excellent. If people can't see the bulk tonnage potential at Havieron now, they need help. Well done GH and team.

Yashy, people don't read the information and just follow the herd - they are gamblers looking for a quick buck.

There is a lot of copper shown in these results. Good bulk tonnage potential - I'm holding.