Member Info for SpadesAspade

Ace, it’s not inspirational, it’s just simple Common sense, which far too many here show no signs of having any.

When you have the likes of freddie throwing his two penneth in, who quite frankly doesn’t seem to have a clue, is it any wonder a lot of folk seem to always lose, when they just go into investing hoping things will turn out good for them without having a modicum of knowing what they’re getting themselves into.

There’s quite a lot of savvy investors invested here, and they didn’t just have a punt, they did there due diligence and research before buying into GGP.

Unfortunately a lot of punters just jumped in on the back of the hype in the latter part of 2020, and unfortunately are suffering due to not knowing how this game usually pans out. Ultimately taking Havieron alone, never mind if we hit something else on any of our other very prospective projects, this will come good.

Imo there is no way that Newmont will walk away from Havieron, especially when it’s too early to say whether or not the Patterson region could turn out to be as I stated back in 2019, another Carlin Trend. In another 10 years who knows just what they will uncover deep below the surface.

These are new discoveries being made deep undercover as all the shallow finds, seem to have been exhausted and undercover is the new methodology of finding these new targets. But things like that won’t happen overnight and that’s why GGP are one of the ones who are in the driving seat when it comes down to exploring these finds in the Pilbara, that’s why the likes of Rio have shown an interest in us. And that’s why I’m still here, hoping that in time, this could be paying out handsomely for generations.

And that’s why I get so frustrated at some here, because all they want is for it all to happen yesterday.

ATB

Badger, “What does it mean when the share price spread shoots up?”

It means they can just f**k us around a bit more.

Reading some of the posts today about why we are where we are, does tickle me.

It’s all about the volume of shares being traded, that is the main factor for us slumping to these lows these past couple of years. Yes, the shorts that have been taken out haven’t helped either, but they are only capitalising on the fact that us Pi’s are such a fickle bunch, and playing us like a fiddle.

When you’ve got half the blumming posters continuously wetting themselves on a public forum, is it any wonder.

What is it Rick Rule says, “To buy when your sector is unloved will give you the biggest rewards”, and that’s just what the smart folk have been doing.

Why didn’t we see the institution’s rushing in on a Pi stampede, Why ? Because they’ve played this game time & time again, knowing back in 2020 that worse case scenario, they had at least 4 years to get this down to a level that many would capitulate at, before coming to the perceived rescue of a White Knight, and claiming the spoils.

Back in 2020 with around 4.2B shares, we were around Eighty five percent owned by Pi’s. Now with 5.1B shares, according to the latest register, the Pi ownership is down to around Sixty four percent. So slowly but surely, this is being played out as per usual, with the ii’s taking over.

It doesn’t take a genius to work it out what’s happened, and continues to do so, but you can still be a part of the large gains to be had, if only you play the same games as the Big fish do, and be patient.

It’s up to you guy’s, don’t throw your winning tickets away on the cheap, just sit out the storm and wait for sunnier days.

ATB

After watching said film/movie the other day, showing how the famous PT Barnum put on his world famous circus show, with all sorts of peculiarities from around the world. He wouldn’t of needed to have traveled far to find enough entertainer’s to fill his Big Top, by looking in on this board.

And the best bit, it’s all free !

Jeez I wonder who’ll make an appearance next ?

Big difference there ace, is that they robbed the stuff and wanted folding old notes for it to spend asap.

Don’t think my mate is interested in smelting down a few Rolex’s and his granny’s vintage rings.

Oj17, I know a guy who’s substituted a couple of bricks from his wall and replaced them with gold, and plastered over them. Nobody’s robbing those, except his kids.

TBF, I think untraceable in the hands of a Pi, would be exactly that.

You could give it your kids before you pop your clogs, and nobody would be non the wiser.

If someone asked where it was, you could deny all knowledge of it. That to me is one of its appeals. Maybe ask Speedie, I’m sure he’d have a view on the subject.

I’m sure plenty out there squirrel it away to avoid IHT and the likes.

Brillgold, obviously you have freddie in your bin also, I dont think we missed much 👍

Ben, I surely hope they were'nt bought in !

Nothing you say ever hits anything, your so wide of the mark Freddie !

Definitely not kiddo, quite the opposite actually, that’s why some of my staff stayed with me for over 20 years and can still have a pint with em.

If there’s one thing business teaches you, it’s how to spot a Bull 5hitt3r at a 1000 paces, and there’s far too many of your sort who think they know everything, when in fact you know nowt.

I say, I say, I say, Oooo you do make me laugh Fred (FTF). What’s up fella, did I hit a nerve with my last post that you got deleted, hahaha. Ironic don’t you think given the heading 😂😂😂⁉️

Shady Dawn, they can only manipulate this so far. As soon as the Big Wig at Newmont (Tom Palmer) raises his thumb, and says it’s a “goer Fellas” everything will change rather quickly.

The ii’s will have to move swiftly and pay the proper rate if they want to get in on the act. Just look what purchasing 121 million shares in Nov/Dec did for the SP. Until such time, we are at the mercy of the MM’s trying to make a market out of a very subdued audience.

Reading this board certainly has a resemblance of the program “The Traitors” were you have to decipher who’s who in this game.

I’m a 100% faithful, no big cloak to disguise any shenanigans or stabbing anyone in the back.

Aquakidd, from memory I think I last traded SXX in 2016/17 at around the 32p mark.

I then stopped all short term trading as my foreman had to go into hospital for a hip replacement. I found I hadn’t the time to keep an eye on the trades, so a friend of mine convinced me to invest into ukog at around 1.1p a share. Rode it up to 11p and back down again to around 5p before bailing. Since then piled in here Big Time on the morning of the JV announcement. It subsequently slipped back, so bought more.

Well all I can say James21, is it worked for me, and that’s all that counts. Not every time admittedly, but more often than not. I specialised in looking at the SP of companies that had appeared on the biggest losers category on the LSE at 9:00am every morning, they had, just like this share, been beaten down by the sellers on the back of a bad RNS, only to rebound a little. It was like shelling peas, easy money.

Aquakidd, have you ever seen the Pi names on the register who have quite a substantial holding ? No, I thought not. Well let me tell you something, 90% of those investors who were there in 2020 witnessing the exponential rise in GGP’s SP, are still there now. One or two of them occasionally posting here (mentioning no names). Why ? Because they see, as I see, even bigger gains to be made than the previous ATH of 38p.

As I’ve said before, "Great minds discuss ideas; average minds discuss events; small minds discuss people."

Guess which category you fall into ?

Aquakidd, fortunately for myself, I only ever did day trading with SXX, in and out very quickly, usually placing £15k to make £300/500 in a couple of hours.

My work schedule at that time, running a very busy manufacturing business, only gave me enough time to make quick trades. It was like betting on a horse the way I saw it.

That’s the reason I changed from a quick punt to an investor, as a few of the ones I was actively trading at that time, went on to make massive gains, which I of course missed out on. One in particular I remember that went on a massive run was KAZ Minerals.

That taught me a few things I can tell you, and the rest is history.

Well that’s for me to know, and it doesn’t concern anyone else.

In answer to your question, will I live long enough ?

I blumming hope so as I’m a very young 61yr old, having retired at 57.

Freddie who said I’ve got 10M ? I didn’t !

Like I said to Aquakidd, look through my posts to find the answer to your question.

Freddie, there’s absolutely no point in me thinking I’m down more, or up more, than most people earn in a year each time the price changes. That’s what you and several others fail miserably at seeing.

I along with others invest for the future, not the here & now. Maybe take a leaf or two, out of the book from investors who have a plan. You never know, you just might learn a thing or two.

Then again ?