Member Info for Sanboy

Smalltrader, in my opinion I don't think newcrest will buy out GGP. I think they will buy the rest of Hav out and offer royalties to GGP when hav goes into production. As a value on that, I have no idea but I imagine it will be north of the current mcap. I think they have a good working model where GGP goes out and discovers and then first refusal on JV if anything bites. However if scally hits before MRE then I think that a buyout for GGP maybe more appealing financially.

San

Mickey spot on...it's all about North West activity

San

https://www.youtube.com/watch?v=BeyZ6oQ_O1U

San

Jakep, numerous reasons why the SP is dropping on sea of blue
- Buys are actually sells - Remember its a computer algorithm that determines buys and sells and that can incorrectly capture the price at the time of transaction
- The Size of the trades are bigger on the sell side than the buy
- The MMS are dropping the price to fill a sizeable order in the wings (Cant see any irregularity buying in this at the moment

San

Short it you mean scoobie? This share is now tradeable due to the volatility over the last 2 days down to higher volume. I think that this will rise on AGM hype, which means you could make a nice turnaround holding for a week

San

Hammered11 its a patience game. The SP will only increase significantly on good results, which we should start seeing next month

San

Matt, don't beat yourself up. Timing is always hard. Still got a good price in based on true value not realised yet

San

MMS widened the spread, which aint having an effect on buying pressure.

San

Spread tightening.

San

Oversold and currently undervalued based on resource estimates and imminent AGM with update on Bid progress. Stupid not to buy at this price to be honest, be it to trade or hold

San

Would avoid that company like the plague. Any hostile action for a company is not going to sit kindly. Check out AMGO on the day James Benamor tweeted his statement of intent, 30% down if memory serves me right.

San

Matt i dont think they are. There is no indication of a buy order being filled as the volume and size of trades is low to indicate sporadic sizeable buys. I think these are sells based on lack of news. Definitely looking oversold over the past few weeks of trading. IMO of course

San

Think Mike likes me, he keeps talking about me. Should i be concerned? Anyway back to EUA! As Mac said UBS are one of the best companies to have in a merger. I think the magnitude of them onboard representing a company of EUA size hasn't really been absorbed by the market

San

Because UBS still have clients who want to buy and sell EUA stock. They have to disclose due to the conflict of interest

San

Mattyboy thats a nice post. Its good to think of others and how GGP will help them out.

forget about more than your house, you will be buying a street

San

just the goal to produce that over the six key projects on the nevada belt, no timeframes. It would take years to extract that full amount. The SP will reflect that potential plus PE ratio. Ridiculously cheap

San

Agreed. This could be the start of a very nice journey for Great Western. I happened to stumble on these when i was going through my research on shares to trade and my strategy is now an investment one. Im only invested in 1 stock currently and that is GGP, where i have held for 3 years. I trade numerous stocks, but this just seems too good to be true.

Six projects running in a stable democratic country
Licenses across a known lucrative Gold belt
Infrastructure in place
Production potentially this year, with potential for 1-1.5 million OZ production
MCAP 3 million
Fully funded to complete works, future self sufficiency
Gold Price rising and futures look bright, Warren Buffett pumping into Gold miners and away from tech.

feel free to add to this

San

Just bought another million. These will be closer to 0.5p by Christmas. Hold for me

San

The Truth that will be on strong results, not from an operational update saying they have focused attention on 3 projects that may be very lucrative. Hold and see what the results say ;)

San

Very strong update by the company. I'm surprised how low the mcap is. Only needs 1 project to hit some nice grade and quantity to smash this north. Should be 10-15 million just on potential

San