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Hi Mattyboy. Lets put this "low ball offer" to bed for good. GGP is in an excellent position with finance in place and production starting soon at a very good margin. Offers will have to take into consideration that it will not be a fire sale and will have to offer a massive premium. We will not be sold at a low valuation, if at all. SD has on many occasions stated that Hav is a great platform for further expansion and, i for one, will not accept an offer that does not reflect true value. ATB Speedy
Hi Doublehun. Anyone can make an offer as low as they want, it will be firmly rejected. Hold for gold. ATB Speedy
Hi All. Here is my view on the state of play. Gold is entering a massive bull run that will go down in history as one of the greatest wealth transfers ever. The big boys and the smart money folk know this and will do all they can to maximize that transfer. With great discoveries of gold becoming rarer, Cos like GGP are wanted and the rules are being bent to facilitate a low entry point for the smart money.
It is up to you to make your mind up as to which group you want to be in, the losers or the winners. The losers will be shook out and the winners will hold for gold (copper, silver, cobalt, lithium, nickle,Etc, Etc) ATB Speedy
Hi All. Please be kind and welcome watcher back. He infested GGP yesterday and we need him/her/it gone. It is bad enough dealing with the rampers and knockers let alone the flat Earthers.
Still holding for my 1p. ATB Speedy
Hi All. Really great post by LA over on GGP chat. ATB Speedy
Hi Blue Toff. Lead pipe, library, Colonel Mustard. ATB Speedy
Hi All. All the digital coins are falling along with most world stock exchanges. UK gilts and USA treasuries are the one of the gains. ATB Speedy
Hi All. All my watch list of stocks (not invested) is a blanket of red along with the few stocks i am invested in. Gold is finding it hard to break out above ATHs. Not sure what to make of it but it does feel like something is about to give, in a very big way. ATB Speedy
Hi Tig. Come on now, you were never 17. Your friend. Speedy
Hi All. The SP is struggling to pass 10p and hold. We all know where this is going, just needs a little more time. ATB Speedy
Hi All. My bet is on "open at depth" ATB Speedy
Hi All. This shorting debate is getting a bit long in the tooth. To say "shorting should be banned" is flawed, may as well say "longing should be banned" to prevent over valuation. GGP are a non income explorer and were over valued at 38p so the professional traders profited from that position. Now we are approaching production the SP is undervalued and the professional traders will profit from that position. It is called the market. Most here are not professional traders and class themselves as investors and are holding for greater profits. Therefore, what ever happens to the SP over the short to med term is totally irrelevant. Happy new year all. Speedy
Hi All. After the very speculative rise in the price of lithium it is now over sold and will see a gradual increase in 2024. Gold has entered a massive bull run. The outlook for KOD, from these levels is good. Hindsight is a wonderful thing but holding a position in KOD is a two pronged bet and both prongs should bear fruit. My bet is the Chinese will take over and then you will not have to worry about the exit price. Still holding for my 1p. ATB Speedy
Hi All. Just my 2 peneth on shorting. It has its place in a free market but using shorts to drive down a cos SP to facilitate a low ball TO is downright theft and should be controlled. But, as folks here have suggested, there is too much financial interest for it to be stopped. I think investors should realize that shorting does happen and should act accordingly. ATB Speedy
Hi Panama. A happy new year to you to. The next meet up should be full of good cheer. ATB Speedy
Hi MasterRSI. After "supper volume" can we please have a "breakfastout". ATB Speedy
Hi All. I never thought i would get excited about GGP hitting 10p. It has been an arduous journey from those dizzy days of 30p plus down to under 6p. Good luck to all those that held out. More excitement to come as the SP breaches 20p then 30p and on to new ATHs. 2024 will be the year to tell the grandchildren about as gold and the producers enter the biggest bull run in history. Happy new year. ATB Speedy
ATB Speedy
Hi All. Some fair sized buys going into the close. Is this the rise to fair value? or just a head fake for the spivs to earn their new years bubbly. Deprive them of their ill gotten gains and hold for the big one. ATB Speedy
Hi Bamps. 1000oz of gold would be sold for the new currency allowing investors to benefit, producers to carry on producing and paying workers and the recipients will swap their commodities for items they need using the new currency. Its called trade. It will cause disruption and will not be good for holders of a dying fiat system. The signs are all around us and action is needed now to protect from what is unfolding. ATB Speedy