The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
So production at Havieron is definitely on, could be a huge surprise for Ggp shareholders when valuation of 5% comes out. Lots more to come and remember this is Havieron only whatever happens the rest of Ggp is in for free.
Suspect this is the long awaited reset, with PMs looking to new highs, gold $2200 and silver $35, copper may lag a little but Solg will be caught up in the coming frenzy, after all they have more gold than most gold miners, anyway onwards and upwards.
This has gone from everyone's darling to a whipping dog in under a year, nothing much has changed except perhaps the increased amount of recoverable gold and the drop of gold prices to a very low figure considering whats coming next. It seems that the only short term mover is going to be gold price, which has taken a bit of a battering because Cryptos are the new Gold. Bank of England announced yesterday that Cryptos "could" be worthless, read this as we are going to make them worthless and you have been warned. In fact you could read this as an attempt to get rid of a few trillion of liquidity after the mega binge of printing thats gone on of late(last 14 years). Once gold rises this will be back in fashion and if Shaun announces he's having eggs for breakfast the price will rise 5%. Anyway all I can say is when a share becomes oversold and undervalued the correct response is to top up, complaining or reasoning is pretty pointless. As to the bank of England's statement, as my Old Mother use to say, when ignorance is bliss, tis folly to be wise. Oh and I forgot to mention BASEL
Not sure what area that covers yet but this is massive, shallow, deliverable and in the best jurisdiction in the world. Load up the boat isn't in dock for long.
Still got a few of these which are just in case they crack the the stock factoring enigma, probably will be taken to cleaners by disreputable customers and go belly up, if they do manage it could be a mega unicorn. Either way this is no time to cash in, if you can, as there are still many more situations to take profits or most likely consolidate l;osses. GLA
Just amazed people are amazed at the antics of the manipulators. We are less than 3 months away from the end of the covert shorting of gold by JPM et al, and Jamie Dimon is saying Bitcoin is worthless…. As for Ggp it is now a producer, with a profit of over $1200 oz at $1750 spot, what,s going to happen when gold hits $2500 and that’s just, for starters.
Are you serious about having 75% of portfolio in one AIM stock. I never have more than 10% except on the odd occasion a stock rises very rapidly eg. ggp and solg being the last couple. You are never really sure whats going to happen on AIM or smaller companies. Anyway I take my hat off to you for having the goullies, hope sincerely this pays off for all of us.
Seems like an age with tha Chinese torture of drip drip drip of Ggp, those who are not risk averse see an almost dead cert but have to wait for the safety brigade to get on board, let’s hope the herd push this to silly territory, would not be the first time, anyway PDF’s out Tuesday and we will know more, maybe Ggp will get an unexpected bonus when Newcrest get their final 5%, who knows how much that will be, minimum £50M could be as much as £100M either way there so much more from Ggp. Alm
Sorry might have phrased it better, but point I was making is that at present share price indicates Fair market Value with, a bid would probably increase share price and the 5% would probably be worth more like £45 - £60M, when we hear more news from Newcrest we may well find 5% of figure is more like £100m who knows , that's the point I was trying to get at. I think we all BELIEVE the 5% will be nearer £100m than £35M thats why we are holders. Whatever the figure it provides financing for the other prospects.
Newcrest have option to buy 5% at fair market value presently this would be circa £35M but obviously GGP and Newcrest will fight their corners. Once we have an accetable offer for the final 5% we will know definitively what GGP is worth. Incidentally the £35Mplus will have an impact on GGPs ability to fund further drilling at sites where we have 100% ownership.
Think this is the point at which Pur start it’s inevitable rise to a new high, effectively financing for free, a big ladder to the 8th grade.
As a holder of both seems to me that they move inversely with each other, not checked it out just anecdotal. cannot believe that we are in a much more risk averse position than when we traded in the 30's, patience is a virtue. normally I would topslice at 35p but next time think I'll hold for gold, must be close to the valley bottom.
Small holding here after top slicing, was never sure of business case, I would say that if Greensill can command values they did while clearly fraudulent, who knows where Syme could end up. Quantitative easing, Modern Monitory Theory, Bitcoin and Non Fungible tokens have proved the Emperor has a fine set of clothes, at least Syme appear to at least possess underwear. I'm holding for 10p or nothing
With all majors desperately trying to get into gold its a bit surprising Solg with the biggest new discovery, languishing at these levels. Its a little like every auction I've ever attended, no one will make the first bid until the figure is so ridiculously low embarrassment sets in, the bidding then rises quickly to near or above the true value. Interesting times when everyone and their brother NEEDS copper.
Oil inventories at multi year lows, tension in the gulf and the possibilities of significant free flowing black gold all point to this flying high. In the next few years oil is going to explode as the majors stop discovery and mature fields rapidly decline. Generation X will not invest their overdrafts in oil companies, but will happily carry on filling up their tanks, and there's the issue of a billion people in China and India saving to buy their first car, cant see it being Tesla.
Seems to me Ggp in the same place pure gold were when at 40p. Once we get near the mother load, gold fe er sets in and it will fly. Hade a four bagger with Pur, this is a much bigger beast, anyway time is on our side.
After a material update price is now back where we began, real opportunity to call MMs bluff, as good a risk reward ratio as you’re ever going to get. Providing the Board are not outright liars this should mutibag on definitive news.
Think there are baggers in both, Ggp on the rise side of the second value valley, meanwhile ccz on the first rise, expect both to be taken out, Ggp in next year about 60p 3x bagger, ccz well it depends when and confirmation of how good this find is, at current expectations 8p is about right, but this could quite easily end up in the 20’s. Anyway you pays your money and takes your profits ( or losses). Gla