West Dome Deeps28 Jan 2025 07:07
For a long time, I have been telling you all, the sp will not be allowed to rise prior to the ASX listing, only to be abused by the usual thugs. Price enhancing news will not be released before ASX listing imo for obvious iniquitous reasons.
I am merely expressing concerns about potential market manipulation and the timing of important announcements related to the stock's performance, particularly in relation to the upcoming ASX listing. It's not uncommon for investors to be wary of trading practices that may seem unfair or strategically timed to benefit certain parties over others. Having transparency around price-affecting news is crucial for maintaining trust in GGP management.
So now we have this thought-provoking post by Bamps yesterday at 14:36
"My thoughts though are still centred on the West Dome Deeps it could “ blow the doors off”.
Length 500-1000m ?
Width 100-200m ?
Grades 3-5g/t ?
All this is not in the public domain." (Well, you've opened the bag with the cat still in it)
"Gold content could be 2 to 9m oz my guesstimation.
Released before the ASX listing could give them a headache.
It’s a big big prize."
If the information provided above is accurate, it could lead to significant fluctuations in the stock price due to shifts in investor sentiment, market perception, and potential changes in company fundamentals, you see the headache Bamps refers to.
It seems there’s a palpable tension surrounding the potential release of significant findings related to the West Dome Deeps before the ASX listing, which many will be believing that such information could dramatically impact share price and create complications for those wishing to control market movements. The speculative estimates regarding the dimensions and gold grades raise intriguing possibilities.
But, it would also cause GGP a problem with doing a consolidation, as SD said a while back, 'he does not want a £1 sp pre ASX listing' This scenario could complicate the company's alleged strategy to keep its post-consolidation share price below £1, as any driving force that elevates the pre-consolidation price beyond 10p may jeopardize these plans, fostering discontent among Australian investors who may feel sidelined in the process..
If substantial gold content is confirmed and the information is released before the ASX listing, it could trigger a surge in investor interest and confidence, potentially leading to increased demand for shares and significant fluctuations in market dynamics. This could result in elevated valuations and heightened trading activity, as investors position themselves to capitalize on the promising discoveries.
I am hoping for (not holding my breath) timely disclosure of all West Dome Deep findings prior to the ASX listing, as this information can significantly impact investor sentiment and market performance.
IMO, the sp will NOT be allowed to reach 10p pre consolidation before ASX listing.