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If Havieron turns out to be a 500x500x600m IOCG ore body we will know what value means. The idea is to make it attractive to mining companies already in the area.

Ernest Giles is worth waiting for. We have 100% of a huge area, and already identified a 5km x 1.5km anomaly. Tropicana is slightly smaller than that. https://geoscienceradio/discovering-the-tropicana-gold-deposit/

Yes okenia, it's all very clever. But the market cap is still next to nothing. It's beyond me why people would invest in this mess.

The money is probably in off-shore accounts somewhere. Oh, and Bell does not know what "due diligence" means.

More likely the windfall will be used to buy more dead land.

As for RGM, I rate that at junk status.

Daisan, you hit the nail on the head there. What you are talking about are the very people who think it's a good idea to bundle up bad loans and mark them as AAA rating. The mathmaticians are indeed in high demand by fraudulant banks and hedge funds. Algorithms are no substitute for common sense, as you will see when the debt pile again become too large and people start defaulting.

ma5k, yes I know many traders use automated algos and project using historcal data. But these are not real traders / investors, but just fools. You need to distinguish between high speed traders and proper investors / traders like Anton Kreil who knows what he is taking about. I was mainly refering to investing properly on AIM over a proper time horizon - not 2 weeks, and losing patience like many novice investors that buy a share on AIM because it is currently going up, and without any knowledge of the company or why the SP is going up or down. This behavious is just ridiculous. IMO.

Charts are a waste of time. No decent professional investor or trader uses them, least of all on AIM stocks. Charts cannot tell you what Calamity will do next either.

Mumbles, your posts look like desperation. Lol. Who would bother hunting through others posts, looking for ramping? BTW, it is not a ramp of GGP, but an observation. Just because you can't see it doesn't mean it not true. I have followed and researched GGP for more than 10 years, so I know the facts. I have some advice for you - stay away from incompetent CEO's.

mumbles, you have no idea do you? There's a big difference between the directors running GGP and MTR and the guy running RGM. AB will just lead you up the garden path and back again, with his lies and excuses. Have you actually listened to him in interviews? The guy is off his rocker - completely incoherent. GGP, MTR, UKOG, and IOG make far more sense as investments. I have no problem if you want to post your views on those boards, and will enjoy seeing you shot down in flames. In any case, the opportunity you imagine is in short term fluctuations in the market. Why do you no longer hold GGP? Seems odd to dump a good share for the likes of RGM. I can see what you are doing, like so many other novice investors who do know that you can't trade AIM with any degree of success over time. It doesn't work, and no professional trader would buy and sell on such short term swings. I know you will say "I made xyz", but the odds are aganst you. You'll get lucky sometimes and lose sometimes, and over time gain nothing. I mean it's not like the coal has yet to be discovered - it's there, so all they need to do is dig it out and stop lying.

Imagine if people piled real money into this head of ****. Oh, they do. Can't believe people actually say things like "opportunity" and "decks are clear". Greets, there's a big difference between daring to dream and absolutely deluded. Not holding on to a non-performing share is one most basic lessons in investing.

http://www.proactiveinvestors.co.uk/companies/news/20059/auzex-and-ggg-jv-bullabulling-in-450-boost-in-gold-resource-to-2m-ounces--20059.html "The recently completed diamond drilling program confirms this potential and also confirms that additional mineralisation occurs in stacked shoots beneath the known zones of mineralisation as suggested by the structural modelling."

Are we sure that funding will not also be delayed? Any sensible bank would wait until the forestry permits are re-issued, however, the SP is likely to bounce back somewhat unless European problems increase. As bobo posted, at 6p it is a good bet for those who wait.

I would think that potential future value has to be factored in. Shareholders might also be interested in potential value of Caldag - the price cannot be just the current calculated value of the asset in the ground. JXTC would be getting 20% of something with huge upside.

I don't know why it took BHP's investment arm so long to notifiy ENK about their interest - anyway, that was a while ago now. On the subject of interests in ENK, the fact that JXTC may get 20% for only $20 million if the Jiangxi authority approves it seems cheap now, since Caldag is now worth considerably more with new tax changes in Turkey and the $20 million is not critical for working capital now - hopefully the board won't give it away as it should now be $28 million at least. ENK must be within it's right to say no or increase the price because JXTC have missed the agreed completion dates.

The Chinese associates are being channelled into a window to May 14th with regard to financing terms, western banks have already issued them and it looks like financing will be secured very soon. How many chances will JXTC get? They don't know what they will lose, and if BHP gets it that might not be a bad thing. The plan must be to start on Caldag as quickly as possible after the merger. European Nickel is on the verge of greatness.

Yes, OK so Caldag first. Problem is the Chinese are wasting our money. Should have kept BHP Billiton on board.

The test plant will become the actual plant. To launch into full-scale production it would be about $400 mill - that's true, but the nickel produced from the pilot will be sold. Surely they will scale up over time, or are you saying that the site will be abandoned.

No far to go then. Should be in production about Aug/Sep if everthing works out OK.