Ryan Mee, CEO of Fulcrum Metals, reviews FY23 and progress on the Gold Tailings Hub in Canada. Watch the video here.
And don't forget the 2.5% dilution which would bring SP down a tad....
Yes, I can see it makes sense, but see no reason for it.
As an established exploration company, the MO is to find, prove, then JV or sell on to a Med / Maj.
That would make sense IF GGP had other designs for it's future.
My watchlist is a sea of red. FTSE down. Think it's the whole market, nothing to do with the poor MM's who're just out to make a bit of cash. Hey-Ho.... Not in a rush anyway. It's risen so much recently I can cope with a bit or retrace. 24 the new 12??? I'LL TAKE THAT!!!
GLA
Morning, All....
Don't get too excited about the Germans. Nice folks, but a bit boring when it comes to our gold stocks
https://www.boerse-frankfurt.de/equity/greatland-gold-plc-ls-01/price-history/historical-prices-and-volumes
They don't trade many GGP shares.
Didn't bother reading much yesterday due to amount of deramping detritus.
Just for the record - GGP ARE A JUNIOR EXPLORER.
DO NOT WORRY ABOUT COSTS OF MINING - THAT IS SOMEONE ELSE'S PROBLEM.
Our job is to find, prove up, and sign up a medium / major to take over and eventually pay us off.
If you want to invest in a miner - sell up and invest somewhere else - we are in the resource business.
And if you think our BOD are carp, then sell up and go invest somewhere else.
But for the record, I think it has been proved that GH and Co are actually pretty damn sharp at their jobs, so if they decide to take this company in an unexpected direction, then I don't worry about the finances, because that's what we pay them for and, darn it, they are doing an AWESOME JOB...!!!
GLA. I am sitting on my hands - where you decide to stick yours, I honsetly don't care.
But I genuily wish all well intentioned posters the best of luck.
It was pointed out MUCH earlier in the year that the Non-Exec Chair (AB) was involved in another company that declared special div when they had a windfall.
I cannot recall the company inolved, but it was mooted as a possible comparison to future working model in the evnt of.
See not a complete tw+t, am I? Do some research and you will find it. And good luck.
gwm... Welcome... We've never earned a sod, so the topic has never come up.
But nice to have you here anyway.
https://greatlandgold.com/wp-content/uploads/2014/01/GGP-Interim-results-March-2020.pdf
Half yearly report, page 12.
End of Dec last year there was over £4million cash.
Limited expenses due to COVD and lost of warrants and options bought since then boosted our coffers.
GGP is SOLVENT.
https://greatlandgold.com/wp-content/uploads/2020/09/20200910-GGP-Presentation-September-2020.pdf
Bottopm of page 18.
To Newbies, let us not forgetr that earlier today the Jester was saying GGP was cash strapped....
When at end of June GGP had £6million in hand.
Ignore the fool.
I'm going for an RNS release this week....
So 29p COP 24th.
Merc, if you eat too much Nutella you won't be able to ride a bicycle uphill..!
But i suppose it is ok to share that with the kids.
WF, you have the sound of a man who needs a bicycle.
At this time of year you should be planning to put the nice one to bed for the Winter, and getting that service done on the Winter steed.
Forget the Hazel nuts unless your garden in scatterred with them.
If that is the case I would recommend a garden service which allows more time to go cycling.
:)
24.1
How much does A hold....?
F+++ me!!! YOU HOLD GGP???
A is sitting pretty. B is up sh+t creek if his wife finds out he's rich. And C.... Well, C is bl++dy rich and needs to buy an AC Cobra.
Just spent an evening polishing off a bottle of Scallywag and then some with B and C.
Exceptional week. Topped by GDXJ inclusion.
Bring it on....!
GLA. Hold for Gold.
Hi, All..... Livin' the dream....
I suspect a new broker note will come AFTER Scally drill results....
Why 35p target when it can be 55p.
GH is doing a brilliant job at managing the news flow, so why waste a broker note when you can SMASH the broker note.
GLA. Hold for Gold.
Really good to see a proper weekend without sh*t stirrers and pro-derampers posting Arnie-esque cr*p.
The sun is shining. My bike is calling. Not sure how I am going to concetrate on ANYTHING ELSE this week other than GGP...!
GLA. Hold for Gold.
Sorry, Spinrock - didn't see your post.
Awesome.
Anyone else seen the trade just popped up....
Nearly wet myself.
TTB, I am firmly with you on this. There is a lot to play for here.
Here is a quote from Stephen Power from Anitpa: "Power added that with Rio proceeding with the Winu development and Telfer expressing interest in toll treating other operators’ resources, there were obvious possibilities for trucking and the like."
https://stockhead.com.au/resources/these-small-caps-are-chasing-elephants-in-the-paterson
So we know that if anyone has ore that needs processing Telfer is open for business.
And we all know how Deutsche Bank encouraged RIO to make a play for NCM last year, so I firmly believe that there are background moves taking place. And RIO are certainly steaming ahead at Winu with first production planned for 2023. And they may be a copper and iron miner, but they were making a point about the gold they have found near Winu at Ngapakarra. “The additional exploration results reported today support our view that there is potential to develop the Paterson region into a large-scale operation over time through both our 100% owned tenements and joint ventures." (Rio group executive of growth & innovation and health, safety & environment Stephen McIntosh)
".... develop the Paterson region into a large scale operation..." It looks like that Hav and SW will prove that the Paterson is one big regional system.
And check out RIO's half yearly results.... $5.6 Billion net from operating activities - in 6 months to June 2020! The next 6-12 months are going to be hectic.
Jambo, Great Bear are included in the GDXJ. So explorers are definitely fair game.
Why don't you have a look at some of the others...