Firering Strategic Minerals: From explorer to producer. Watch the video here.
https://www.**********.co.uk/articles/bezant-resources-acquires-metrock-resources-86eaa01/
80 & spreading to thinly. Would you really go and add another asset in need of cash injections if you wasn’t sitting on a copper gold district. I think they know what they have & with MMIH telling the world about Mankayan I think we have just knicked a little value enhancer from one of the less fortunate in the sector. Colin bird is like a property tycoon waiting on the next probate or distressed seller. He’s got his contacts and they call him up. A few more shares a bit more drilling on hope and increase in share price and it’s all covered! That’s the view and strategy they are taking in my opinion.
I can only think that with the cash burn this additional acquisition will use to get going they believe they have an absolute monster on their hands with hope, so much so that they can in effect keep remortgaging the value to add other bargain buys creating more shareholder value.
A poor day across the markets, we got tested really tested at times and we held and a few more cheapies got sucked from circulation. A good day in here!
They are being very careful what they offer. I can only get 999999 in one trade @ 23.4 it then goes negotiaited.
Bit!
That’s a nice holding and a tidy average too.
We have some really big holders here.
Fingers crossed we get a nice update in the morning to get things ticking.
All adding to the support of this market cap and good value.
MR Emc
Thanks for that I thought as much looking at them and some placings however some interesting projects. Point being that it’s 34p on exploration pending future productions so unearthing value. If we unearth anything more than entry level good grades here this is going to commence it’s re rating very fast.
Mr Emc2
Are Ggp currently all exploration licences?
Next week it is then gents unless its a super tactical 4.30 piece.
I use Hsbc direct I can buy up to 2 million @ 24.4 after that its .25
Yep agreed, I love buying the unloved minnows. What did Ggp start of at around 0.0050?
Mr Emc2
Thanks for the reply, I hope it works out for you as I do for all of us. I have never been in Ggp but have had a look at some of its projects just to compare grades e.t.c to here. It does look a touch over bought to me now, I don't say that to be negative just all of these stocks get to a point of being one or the other. I did have a good look into Cnr a few weeks back at 38p but it began its bounce as I was looking into it so left it.
Not many left on the ask now, might well see a good afternoon.
Mr Emc2,
What's your thoughts on Ggp's main project compared to here as you indicated a gamble being out?
The absence of news just creates more value whilst they drift it as folks become in patient. Absolutely nothing has changed that we know of yet since the last update other than those results are imminent and hope is being progressively drilled into. If them results show good to very good grades with hope well underway and the indicated bigger prize you won’t stop it this time as too much foundation supporting news would be in hand and with hope being the higher indicated of the zones the sp will do the talking. If the grades are disappointing we all know what will happen however we would still have hope to bounce it back. Plenty to play for, but the dips, buy the value buy when you can buy not when everyone else has got it locked into negotiated trades. It’s simple stuff really.
Read that last operations rns very carefully!
It’s been squeezed for weeks mate, even today yes a few respectable sized sells near the end but plenty of buys wiping them out through as sells. Like the Mayon when this erupts it will mean business!
Its bang on current support Pops so would be well timed!
Mr Emc2
I like round numbers myself! Interesting how they are holding this either way. Copper still rising!