Member Info for stuartw6040

Gonna be a great week and month for sure MercM. My weeks also started off wife my daughter jumping on my head! Must be a sign.

#Ducks Ducks Ducks

Totally agree Panama. At some point NC will have to take notice of the metals bull run and raise their long term assumptions above 1.3k for gold etc,,whoever is drawing up mining plans on HAV as a result,is watching the cut off commercial grade go up and up, you would be crap at your job as mine designer and planner ,if you didn’t allow for the most economical solution possible,and that’s going to be something next door or which you can run transport through,that can also add ore on its way to telfer and be ground up at source hitting two birds with one stone.(3 in Nc case if you add telfer)

I can see the conveyor now, HAV ore on cart A,scally ore in cart B!

What a great find by timber yesterday. The data has improved significantly since that was compiled and the new breccia zone trending to the NW Should be further revealed along with depth & infill next week.
Flying V....

Almost certainly free trade and robin hood type platforms with zero comms,.been happening mostly this year which coincides with the rise of the printing press and these freetrade platforms

Getting a bit ahead of ourselves here folks, SB comment was that havarion grades are 10x that of telfer which we worked out is roughly 6gpt and above. The breccia isnt 10x, the sulphide is.

They wont process 10x the amount of ore, but the ore they do process will be 10 x as valuable. SB mentioned 1MT to 2Mt for the high grade stoping.

The only message really is its high grade and we need it!NOW! if the breccia is commercial, and it looks like it certainly is at these gold prices and with that mine plan, then we are looking at bulk tonnage, thats gonna be the real game changer.

Then dont forget the copper, and dont forget, most holes ended in mineralisation the fact those rigs havent moved much recrently,coupled with NC last comments on going deeper, is going to make for an exciting quarterly next time around. Next week hopefully proves up that 220m extension in the mean time and the new breccia and continuation of the sulphide zone.

The ofcourse there is the possible conveyor belt running from HAV through scally and off to telfer for a double bubble!

DUCKS DUCKS DUCKS(for you Panama!:))

Thankfully it is if its in an ISA Jerry!:) but for your holding...no chance ;)

It goes into Gold and silver ofcourse Zoros :) OR, it goes into gold or silver miners. Id put some into crypto as a hedge too. then i would spend the rest on assets and enjoying myself :)

I certainly hope you are right Elise, the sprott buy in Mcap terms certainly moved and held us ,once moved, far more than one would assume for a 20m share buy, I can only assume as this was in a large go or series of large buys in contrast to beetroots sell off of 140m hence lesss availability meant supply and demandincrease, the price certainly didnt move in the same ratio down. So i def take the point that needing that many shares as one time will exaggerate the move, I am just a little cautious on something as high as 30p as this related to an absolutely huge Mcap, frankly with the results we have to date I would feel it would be an unjustified Mcap at 30p with what we know at present, due to that feeling I reckon if we got that high there would be a sell off, I would be one of the ones selling to get back in lower, I do believe we will hit that 30p but if we do it this year, I think its going to come from scally results or extensions at depth or to the NW at HAV..

lots of factors at play, buy I for one would be mighty happy with a smaller and more sustainable jump on our road there. Either way, hopefully the only way is north, or NW :)

Elise1 - I am confused as to why you think a share purchase of under 5% of our wonderful company will generate near 500m pound increase in our mcap to take us to 30p?

I mean its a nice thought, but the maths doesn't quite fit

Oh,and then I guess they would partner with the world experts at the cheapest and most efficient mining (block cave) and they would utilise their ready made infrastructure which happens to be. Um.”required” by said major partner!!!

If Carlsberg did gold discoveries

They would be in the best jurisdiction in the world
They would have Exceptional high grade drill results
They would not be able to find the edge or depth
They they would own the surrounding tenements
They would have LOADS(9) rigs running 24/7
They would be recruiting like made
They would be growing the camp infrastructure
They would be growing the camp personnel
They would be drilling all the surrounding land

And they would be finding this mine, and possibly those next to it,in a time of unprecedented seemingly irreversible positive fundamental upside for the commodity it was mining, that’s almost certain to leverage the already world class assets they HAV.

Ah.if Carlsberg did gold discoveries ...

Great post TMT

Novice,that depends what you mean by long term. If you mean 2-3 years then now is a wonderful entry imo,September is a huge month,go to ggphelp.com and follow paddygall1 on twitter. Do a couple hours research tonight on our discovery (havarion) and the farm in with newcrest and then do a little reading on our new drilling programs next door at scallywag which we own 100%.

I’ve been here 4 years and many top ups later(last of which was 15p on the spike after last results. And each and every top up has,as time has passed,looked like a great entry.

If you ,like me and most of this board ,believe this is the start of a gold bull run like never before seen. Then GGP with possibly one of the largest and highest grade discoveries In decades and in one of the safest mining jurisdictions on earth is a wonderful proxy to invest,sit back,and watch the fireworks.

Major catylists near term for price increases (I am sure there are more)
•Gdxj possible,probable inclusion,announced September along with a probably 20-30m buy of 120-160m shares,in one go!
•interim drilling results from newcrests 9 diamond drilling rigs which run 24/7(in the middle of the desert) hoping for extension of breccia and completion of other side of the possible horse shoe,expecting more outstanding grades from the infill drilling,expecting new hits from the step out drilling. Hoping for it to remain open to the nw and at depth,holi for some depth results also as that has been going on and many holes ended in mineralisation
•Electromagnetic survey results in sept likely
•berenberg initiation note (ex numis analyst and last note 15p risked and 30p unrisked basis,that will be three sets of results old By the time it’s issued likely second half of this month
•end sept /Oct scally results and these could come anytime from a visual mineralisation RNs,to an rc or diamond assay,look back at us when these were announced for had005 before the farm in with NC. Very exciting stuff,I see scally way as a whole new exploration company like one of our nearology plays ,all bets are off if we hit! BUT,we likely won’t,it’s gold exploration,the odds are against us,although we been to have lucked out with our land package and swift wise moves,and also HAV a Pilot/blueprint having succeeded the first time,could it be a whole gold province and we HAV discovered the epicentre? Well,a long shot,but,the best place to find a gold mine....is next to a gold mine!
•end of October 29th is nc quarterly results with GGP drilling update(we get one every 6 weeks)
•November we are likely to start drilling Goliath and PrE,so plenty of lookalikes to still come in the near term and we are cashed up with 5-6m and have warrants converting (85m to go) which are constantly topping up our coffers.
•then although this could come at any tike from now,most think towards the end of the year we will get the big one....the MRE/MIR “maiden” resource estimate or inferred resource. This could and should be the major cat

Well let’s hope we don’t HAV too many caves on our little footprint in the desert

hmm, makes me think we should do this for the Blackhills results as assuming the same issue if its a drilling issue, maybe we just assayed the wrong part of the bag,.lol

Cheers for that Pddy, I totally missed this discussion but that makes absolute perfect sense, I guess if they plan on using both thats also a good reason not to specifically announce anything regarding drill type. Appreciate the responses, sometimes I just think cos all I have done is research GGP for 4 years that I know exactly whats going on, it refreshing to see I certainly dont but in no time our great board are here to help set things straight, this really is the best board on LSE.

Thats another 2 ducks at least :)

Cheers TomE and Merc, I stand corrected. Bottle also just highlighted that most of the Rigs can do both. I do find it strange that in all our other drill campaigns we said which type of drilling and yet this time around we haven't. But it would appear to be RC, which is good as its cheaper, but removed the visual mineralisation RNS possibility.

Thanks for the info and correction, not sure how the heck I missed this point.

Combination of the two maybe? Im sticking with diamond then if this info is from satelite data rather than GGP. Historic holes show how shallow it is. 478m odd from memory.

darn it now I am going to be searching all day to find this answer

Where does it say that Merc? ive never heard of RC drilling going 500m down. cant see how the hell I missed this, was 99% sure its diamond and with DDH1 again

Merc Scally isnt RC drilling? youve just made me do a complete double take as I know you are in the know like me? Its diamond to get through that cover surely.

Try not to watch the sp too much this month!

By the end of it we should all be well rewarded!

Have a great week all.thanks as always to the valued contributors