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Hey SAS - great post and just to add credence to your views wasn’t it the man himself (Calum Baxter) who said that we are in a Win/Win situation here. Bring it on, there’s plenty Lthers here who know what we’re waiting for. VGLA
Hi Rash - interestingly on your question about shorts on loan - they were up to 72.7m on 21st December then went down to c.61m shortly after. They went further down to about 59.8m before 10th Jan and then up to around 61m but as of today back down to 59.8m assuming Ortex is accepted as our source of shorts on loan. Hope this helps.
Hi Reaction - you are spot on - I’ve said before that there is no way Shaun (as good as he is) would be able to sweet-talk/hoodwink the likes of his vastly experienced Board intake, Wyloo (especially with Twiggy at the helm) or 3 major Banks and large institutional investors, without REAL substance to what we have at Greatland. You can fool some of the people some of the time, not all the people all of the time - no they are here because they believe in what is on the horizon. Whilst they’re here, I’m here as they are far more on this topic than I am as it’s their specialist subject!! I hate the bleed as it’s been called, but I will love the triumph even more!!! VGLA true Greatlanders.
Well said TT and SAS - the frustration on the Board today is palpable and understandable as it seems GGP does nothing but slip backwards. But and it’s a big but, we have the gold and it cannot simply disappear. We need the FS/DTM and Newmont’s final decision on whether they are in or out (hopefully next month) before these are rolled out and then it really is game on IMHO!! That’s when the Lassonde Curve should start to kick in and GGP becomes THE share to buy. Not long to find out Newmont’s decision imho so probably worth chilling out until then, if possible. VGLA - patience will be rewarded imho!!!
Hi Taverham - I think it’s fair to say that it has been managed pretty well so far in achieving excellent rates of progress versus how long it normally takes to get to the top of the ore in a new mine. Too many experienced miners at the helm to let this slip imho.
Sharebug - you’ve done well to get your average down to less than 15p if you firstly bought in at the high twenties. I am sure I am talking on behalf of most Lthers in saying that we are waiting for GGP to beat its previous ATH’s in SP so you should be amply rewarded if you see this through IMHO - good luck to you and to all true Greatlanders!!
Hi MH - you’re right of course - probably explains why I’ve been here all these years. My intentions though are to draw what income I need (for a good life) and then passing on GGP as a legacy for income for my son then grandchildren (as GGP should be a behemoth by then!!)
sorry - pressed post before finishing my thought process - maybe that is one area where shaun could take a leaf out of gervaise’s book - gervaise always seemed to be able to counter unnecessary downturns with director share purchases etc. don’t get me wrong, i think shaun has knocked most of what gervaise was able to achieve into a ****ed hat, but cleverly timed director share purchases normally gives the sp a lift when needed and let’s be honest we’ve got a wealth of directors who could stimulate the sp with some buys if they wanted (they can’t always be in a lock out period?). perhaps i will just go back to being patient and not worry about these current sp disappointments. vgla.
Hi Jerry - HNY to you and all posters - your post at 10.21 this morning would be fair enough if all shorters could be classed as “potential buyers”. Sadly you are omitting the fact that some shorters are in the business of deliberate manipulation and driving an SP downwards through questionable practice. On the other hand YNWA91 makes a solid point that no one complains when the SP goes up and without the AIM being subject to FCA regulation we ALL surely know what we are investing into when we buy GGP shares (on AIM).
I am not seeking to extend the shorting debate (as it has been done to death) but I am more aligned to YNWA’s way of thinking than to be considering shorters as our allies - I’ve seen them cripple too many investors in the past. Good luck to us all.