Member Info for SpadesAspade

Hi James, I’m not saying a 100M shares will or will not have an influence.

I personally have no opinion on the matter, and ditto with regards to what Hydro posted.

I read most folks views and make a judgement based on what I do know, not on conjecture or supposition.

ATB

Unfortunately Yes.
Have a read of this article

https://www.wsj.com/articles/SB116978080268188623

Hard to believe, but apparently Yes you can vote with the loaned out share, whereas the original owner can’t.
Maybe that’s what Hydro is eluding to.

I know, beggar’s belief doesn’t it.

Agueroo, The money would of come from me.
I’d have gave him $85,000 any day of the week for 5% of the company including Sunday’s.

So then Tymers, after two years of trying your very best to convince everyone on this BB you are a professional investor, you finally admit now that your just like the rest of us mere mortals.

You have done nothing but come out with snarky comments about how us “retail” investors, don’t understand how you and your off book trading pals do business.

Well all l can say is that this group your in, I hope they haven’t been taking notice of your share buying tips, that’s for sure.

All the shares I have witnessed you being in, have all had sudden exponential rises, only after you getting involved suddenly tank.
Or is that your game, short the 5hit out of something that has risen.
That would sure explain a few things.
All supposition on my part, but it would not surprise me one bit.

If there’s two things I hate about people it’s those who are, two-faced and liars, and you sir unfortunately show both traits.

Panama, I’m not saying another discovery wouldn’t be blumming marvellous, of course it would.
I’m saying that we don’t necessarily need one, to get the SP moving in the right direction again.

GGP are not alone in experiencing a massive drop in their SP.

You only need to look how Solgold’s SP has performed since their discovery.
Up and down more times than a fiddler’s elbow.
50p down to 2.5p, 46p down to 2p, 44p down to where they are today, and umpteen times in between.

That’s a classic example of what I posted earlier.
Just need to have a little more patience.
Tick Tock.

Mattyboy, Mickey’s £1.44 could be achieved far quicker than you think.
I agree that 50p e we I’ll be very achievable once we start to produce.
But once we get to 6B shares, I can see at least a 1:3 consolidation to around 2B shares, thus 50p becoming £1.50

Who knows

Geckos, what is the point of holding another Pi share count, when all that happens is when you declare a larger than average holding, you get shot down by the jealous types who say you are lying.

I know how many I have, and that number has more or less stayed the same since 2020, apart from buying another 275,000 a few weeks ago at 8.3p.

I’m here until what I think FMV is, and all I can say is that 38p wasn’t it.
Yes in hindsight at that time 38p probably was, as we didn’t have any funding or management capable of progressing this all the way through to mining the asset.
But now we most definitely do.

I for one will be holding on for as long as it takes.

As Rick Rule said,
“Most of his 10,20,50 baggers declined 50% or more 3 or 4 times during their journey. To have ticked it, and tocked it along the way, is a fantasy, it doesn’t really matter.
Just because the stock went lower, doesn’t mean the Silver went away, the upshot is that after declining 50% or more four or five times, the stock went from 50 cents to 45 dollars, and it only took six years.”

Now to me, that’s what investing is all about.
Making a gain on your original investment.
It’s not about what you coulda, woulda, shoulda done.

I keep reading post from folk here saying things like,

“We need to find another discovery”

NO WE DON’T

What we have already is fantastic, and if you don’t believe that, then maybe GGP isn’t for you, because even if we do go and find another quarter or half Havieron, it will take years from now to prove up anything like what NCM/GGP are proving up at Havieron.

Not long to wait for production to start, and a re-rate in our SP and our fortunes.

Pottersfield, may we ask what you do for a living ? Are you on local politics by any chance, as you seem to have a very strong opinion on how you think things should be done.

Totally agree Sprout.
One thing the LTH’s can be grateful for is that most if not all the Big Boys bought in to GGP at way above what we did.

Even Wyloo paying a 400% premium to what any holder Pre 2020 paid.

So the way I look at it is, my investment is safe, admittedly not as confident for those who bought at the top of the market, but patience is a virtue as they say, and I’m confident if they stick this out, they too will make a handsome profit.

Ignore the Plebs who are here to cause panic amongst us, even the likes of Blackrock paid over 30p.

In answer to this afternoon’s post by Culpepper, about why we haven’t seen a declaration by some of the Big Boys having taken over 3% of the company, is because if you are from a country other than the UK, you don’t have to issue a TR1 until you have passed 5%.

And even if some of the Big Boys were getting close to declaring, I’m pretty sure that they are nowhere near declaring now, after the recent issue of shares going from 4.2 billion to now getting towards 6 billion.

Remind me again who very recently said,

“I’m gonna need a bigger boat”

and it wasn’t Roy Scheider

How much do 60ft yacht’s cost these days.

After my last post, I just had a thought.

“ why would someone have borrowed a further 80M if they had no intention of using them.”

Was it just to disguise a large shareholder selling off the remainder of his holding.
Mmmm let me think who still held around 80M shares, and is now no longer with the company.

That should get the tongues wagging.

So please explain then why someone would have borrowed a further 80M if they had no intention of using them.
Why would they even bother ?

James21, can you please explain your thesis on why you think only the reported 20M shares (JPM) have to be bought back.

What would be the point of borrowing upto a further 80M shares, if you were never going to utilise them.
And why would the shares on loan figure change on a daily basis.

T4G, I never said you were a fudster.
I did read your post, and commend you for sticking it out.
I was merely pointing out that it was obvious we needed to be funded through to production.

Yes it would of been wonderful to have maintained a high SP, but unfortunately we are where we are.

ATB

T4G, Which just goes to prove you hadn’t a clue about how GGP were going to suddenly turn a bit of dirt in the middle of nowhere into a fully fledged operating mine.

Where did you expect the money to come from ?

It sure wasn’t by capturing some very rare night parrots, and selling them to collectors was it.

It was inevitable that along this journey to production, GGP would need funding.
The thing that wasn’t inevitable to most, including myself, was the drop in SP to these levels.
Even now I still have every confidence in that I will see fantastic returns on my initial investment.
Although not in the timeframe I once hoped for, after the rapid rise to 38p, but very much within the next 2-5 years.

I’m a patient person and can sit this out no problem.

To all you Fudsters who frequent the board to try and get us to sell out our holdings, I’ll still be here when your long gone.

This is a world class Gold mine, and it’s gonna take a world class price before I decide to sell.
It’s as simple as that.

As Jerry McGuire famously said,
“SHOW ME THE MONEY”
and I’ll be gone.

ATB genuine holders
To the scumbags here, I hope you rot in hell

Culpepper, don’t forget this classic
'I wanna moonwalk son but life's a 5hit-house'
Brian Potter, Phoenix Nights

BTD another one in the green bin never to be heard of again.

Cmon anyone else fancy a spell in there, with the rest of the compost 5hit that’s already there ?

CJ in the bin with you as can’t be doing with your infatuation with a former poster.
And I certainly don’t need to reminded of what Hydro once posted.
Get over him