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Nice bit of buying towards cob pushed the sp up ahead in anticipation of SD taking over as CEO.

Cup and handle pattern starting to take shape. Bullish.

Make that 15% up and note the swing in confidence

With hundreds of pis invested here and ripe for the occasional mm caning, be prepared for more dramatic price swings. At one point yest, down 9%, this morning up 13%. Prob best to simply hold tight rather than engage in risky day trading. Whatever, don`t fall for the suckerpunch sell. Fundamentals are solid, fully funded and potential for interesting developments, incl poss acquisitions.

The fleecing of the pi lambs. Hope nobody here fell for that well-worn mm trick. 9% down at one point.
GH already up 10% and 11 grand on a nifty little move. Nice one Gervaise, and reassurance for genuine pi investors here.

Where`s the money come from for these ASX juniors being acquired? Newcrest taking its 5% of Hav at fair market value.

Why is this guy being brought in? Newcrest has a perfectly competent management team in place to get on with Hav and Juri. Is SD really going to play 2nd fiddle consultant to those guys?

Imo he is in for m&a, and I do not mean GGP being the prey. rather the predator, with antipa and artemis on the doorstep and ripe for picking off. Can those two miners go it alone, I suspect not. so what better to merge with a funded acquirer.

And in that context, SD`s appointment, i/c of GGP`s 100%-owned projects + an ASX nearby junior added to the pot, starts to make more sense

Interpret that £112k buy as a msg of reassurance to lth pis, whilst at the same time picking up a bargain half mill for himself

Watch out for the after-hours stuff coming through. Mr Million has scooped up a cool million with 10 minutes to cop. Expect to see more, and a little recovery in the sp as the bell nears.

Pis are selling as they go in search of February`s double-bagger. Their shares transfer over to the sticky hands of iis who, along with lths, sit on their hands or top up on the dips. Should see big ii trades popping up early next week when their large orders are filled. No brainer for them.

How can sp drop on such good results? The answer here is that iis will have their buy orders in at around 26p. In order to fill those orders the mms must accumulate shares. The way to squeeze out pis is to lower the price. and so they sell. The well-worn path of wealth transferring over from one group to another. Expect the sp to increase into the 30s after this latest episode of mugging the weak.

Focus has been on infill drilling rather than seeking the edges. Obv it is still open in multiple directions because that is not what has been targeted this time around. Infill shows up a massive resource, as if they have drilled into the heart of an enormous gold bar. This is almighty big.

Someone is scooping up in 200k and 250k batches ahead of tonight`s update

Newcrest will be managing Hav. and juri jv. this begs the question. Why has SD been appointed? On the basis of 3 dusty holes at Swag, the indications he would have been aware of on taking the job? So he is in to preside over a duster.
Somehow I think not. What lies beneath has pinged the AEM hit. The next 3 holes at depth at Kraken are likely to give vital clues to a substantial ore body at depth, imo. And in Maic`s opinion. And in SD`s opinion, hence taking up the post. What else is there for him to manage in the next few months?

The double-your-money quick buck brigade will have been disappointed by the initial Swag results. Looking elsewhere for the next boom stock on the AIM casino. IIs and lths mop up the stock on the dips or simply hold through for longer term gains. Fundamentals are of no concern to punters seeking instant reward. Hence sell-off into the 20s. Sensible types are more patient, and actually won`t have to wait long for the next update from Newcrest on Havieron.

Fillya boots

IIs have invested on the back of Tier 1 Havieron, which remains open. The huge trades of late yest are not from iis suddenly deciding to depart. They are snapping up offloads from pi punters disappointed with the first impressions of Swag. It`s the same old story of wealth being transferred from the weak impatient hands into the stickier palms of institutions who see the bigger picture.

GH interview reveals multi minerals confirmed at Scallywag. They`ll now be seeking the source. Normal drilling procedure. Too many ppl thinking they were going to hit the bullseye on first hole. Patience ...

Is this the usual trickery? Release half of the data, showing results less than expected. Sp drops like a stone. Certain ppl fill their boots at bottom. Full results later and boom?

Highly likely that negotiations have taken place with Newcrest, with a view to another jv. If the indications are that any of Scallywag`s 4 targets are a hit, then NCM will be pushing to be involved. What is the data showing, we wonder? High copper/gold, near surface, poss extension along the Havieron fault line. This prolonged wait can`t be simply a lab delay.
SP is holding up very well due to ii backing and expectations of good news coming through on Swag.