To all the moaners….10 Sep 2024 18:04
To all the arm chair surfers who think they could of structured a better, more lucrative and appealing deal to purchase the WHOLE of a multi decade mine loaded with gold and copper, along with the WHOLE processing plant at Telfer and all the additional joint ventures etc from the safety and comfort of their front room….RELAX.
Yes the market is rigged, yes the traders always have an escape route, yes we could have sold at 37p and bought in at 6-7p and blah blah blah blah…..
The fact is, you have shares in a company now 100% owned by Greatland Gold, which means they can dictate and control to an extent, their own timeline, their own communication and their own ultimately fate in this project.
Does tomorrow mean people and institutions buy in at a low price….yep….but hopefully it also means we get more security, more certainty and ultimately reward in the future with the profits from not only this mine, but others within the portfolio as well.
Are you going to be able to sell your shares tomorrow, next week or next month for a 20 bag’er and sail off into the sunset….probably not, but if it’s an investment opportunity you signed up for, then that just got a whole lot more interesting and a whole lot more lucrative in the long run.
So sit back, grab a cushion, a cup of tea and stick EastEnders on and enjoy the ride.
GLA