Member Info for TakingMyTime

Yeah, we're a minnow to them, for sure.

Should GH accept at that price?

Suppose they said, "No one knows how much gold is in the ground, we might be overpaying, we might be underpaying, but we'll buy you out for 25p." Should GH / BOD accept that and recommend it to shareholders?

If they said no, we think what we have is worth more than that, and NCM said, "Fine, we'll take it to the market," would you sell them your shares or would you stick with GH's recommendation and hold?

How high would NCM have to go to convince you to sell?

To new investors: SunStroke is a suspected deramper, he's never been seen here before and all of a sudden appears bashing the company. There are similarities in his posting to some others we've seen before We don’t know if it is because he is shorting this share, or hoping to drive the price lower so he can get a lower entry price, or if he is working for someone who benefits from a lower price.

If you have questions about things he has said, you may find the answers here: greatlandgold.com or newcrest.com. Also, a private investor has put this site together which most of us here think is really helpful: ggphelp.co.uk.

If you still have questions about something he said that you’d like someone else to answer, feel free to post them here, and we’ll try to answer them.

@mushroom " It could still happen TMT."

Of course 15p could. But it won't be 18p the next month and so on until December, like someone said, LOL.

Likewise, we could see 11p, 13p, or 17p in very short order. All depends on who buys and sells, whether some big IIs get involved, what the results are. If the next results disappoint we still might see 15p but we won't likely see 18p the next month. If we learn the SW is a big or moderate find close to surface, 18p might be deramping. Who knows?

"Seriously, aren’t all these “15p incoming” messages (already) just as misleading as TGF’s tirades?"

Not quite, because they do have a chance of coming true, unlike his stuff. But you have a point. The likelihood of a repeating 3p / month increase is very, very low.

I keep saying this but that Sprott fund is a tracker. Their investment in GGP says nothing about whether or not GGP is a good investment and everything about the fact that the share price has gone up, which we already knew.

"Alex Borrelli (Chairman) who robbed BMR Investors and conned us all out of our hard earned cash."

Borrelli is and was chairman of BMR when it was delisted from AIM. The BMR story seems to me mainly a sad story of the risks of exploration in an unstable jurisdiction, compounded with some less than ideal decisions.

In 2018, the year of the delisting, Borrelli was paid £118K. Unless there are other payments that are hidden somewhere, I don't think that constitutes robbing investors.

Borrelli had "skin in the game" -- over 10 million shares and options. It therefore seems likely that he was one of the biggest losers when the company was delisted from AIM.

Unless there are things I didn't find when I went looking, I don't see this as a matter of dishonesty. Mistakes were made, and investors, including Borrelli, suffered as a result. Mistakes will always be made. In this case, they were operating in an unstable jurisdiction. With GGP, at least, Borrelli seems to have learned from that one.

I would be very hesitant to invest in exploring/mining companies operating in African jurisdictions, but Borrelli's involvement in GGP was not a huge red flag to me.

I will say that the fact that the derampers haven't even flagged this one up and tried to turn it into something tells me a lot about the quality of their research. If they had given this company a really serious look I'd have expected BMR to be part of their continual rants. The fact they haven't even noticed this tells you, if nothing else would, that they haven't really researched the company and don't know what they are talking about.

I should learn from you, mushroom. I rarely actually filter, I tend to wait too long and give people another chance, and then another. I think on this board it's just him and TGF that I filter.

I reported and filtered him for a pretty egregious comment in the political nonsense this morning -- fine to have strong views and express them strongly but he went to personal abuse.

After the mods arrived and cleaned it out, and he commented again, I gave him another chance, but he earned the same treatment again later. So unless TGF is back again, it's pretty clear he's kept on a roll. Too bad, because before today I thought he posted some sensible comments, but whatever.

Perhaps your house can have a place in the back garden where the grandkids come and dig for gold. They can decide from day to day whether it's Havieron or Scallywag or Rudall or Firetower.

@mushroom "How many filters does it take before LSE show the red card?"
I doubt they look at filters. Report him for defamation of the directors. That should get action.

GL, spoon_key. Doesn't make you a deramper to decide to sell. We all have different perspectives, risk tolerance, investment thresholds, etc.

@ttb, Sprott wanted to get in quick because they are a tracker, so wanted to get in line with their index.

They've only added another 1m shares in June, almost certainly the first trading day of the month, since their buy in May wasn't completely fulfilled. Any changes since then are not due to more shares but due to changing share prices changing the percentage value of the holdings.

I believe the index resets twice a year, and the fund holdings rebalance soon after that.

@FullBoots, £60m for salaries? That's great news. The only way to spend that much money would be if NCM said, "We've decided to just let you mine this yourselves, it's all yours, and you can hire our staff to do the mining." This will launch the SP into orbit, of course.

Unfortunately, I won't be able to read your celebratory / congratulatory post when it happens because your deramping has become so stupid that you are now filtered.

" so you can take 2 weeks to Scotland and come back"
Better plan a little longer for that. Ms Sturgeon wants to differentiate from Westminster in every regard so once you cross the border you'll no doubt have to quarantine for 14.5 days, not 14, just to prove that she "is being safer", LOL.

To be clear, if you look at the "Change Amount" on that report, their holding at the end of May was 23 million and they added another 1 million, which is a 4.5% increase for them.

That's because, if you remember, they had the big buy on the last day of May that wasn't entirely filled so they came back for another million -- likely on the Monday.

So not really a significant change. Sorry. Whoever has been doing the buying doesn't report to Morningstar. And whoever it is hasn't hit 3% yet, either, so if it's heading towards a takeover attempt it hasn't gone very far.

We might never know. It could just be PIs waking up to Hav, but it seems to be careful and consistent as if there's a plan behind it.

@lseo, not sure which FTSE100 because I'm in several of them, but to be clear, I'm not doing myself down. BR is talking nonsense about me "rightly" getting credit for "behind the scenes work" -- I'm not doing any!

I know pretty well what I bring to this board, a lot of bad jokes, a few good ones, some useful analysis on a few topics, and the occasional wild speculation (just like a lot of other people). Some of it is valuable, no doubt. Give me credit for that if you want. But I could have started GGPHelp myself and I was too lazy to do it, and the guy who wasn't too lazy is the guy who should get all the credit for that project. He's taken it far beyond what I ever would have done, it's a better site than I'd have ever made it.

@mushroom "18.3p or 20.1p, come on guys! Tut"

Hey, it's not a weekend but it's late evening, silliness is fair game!

Nice analysis

@Enrico ""Year-to-date change: up more than tenfold from 1.83p on January 2."

So, it's official now: we're going to finish above 18.3p tomorrow! :-)"

Tenfold of 1.83p is 18.3p. But "up tenfold" means up 18.3p, therefore, 20.1p. Obviously they looked at 12.0p (because that's now the eternal SP), accidentally transposed it, ended up with 20.1p, and said, "Wow, that's up 18.3p, up ten-fold." This is my theory and I am sticking with it, LOL.

But if the SP goes to 20.1p tomorrow, I'll retract!

@hyrdo "My wife's best mate is a tax accountant in Australia.. I'll run this all by her."

Brilliant! Top man! But you'll need to buy flowers for her and explain to him why!

@Tymers "You dont neccesarily pay corporation tax on profits if your R&D claim counters the value of profits ."

Are you talking UK Corporation Tax / R&D, or Aussie? And how big of an R&D claim do you think GGP is going to have?

@BR, maybe Mickey's 74p should go on your Broker Forecasts page, LOL.

@lseo "Keep up the good work Bottle - we all know who’s baby it is and where the credit is due!"

Absolutely. I've had no input on this than what everyone here has seen, and it's nothing compared to what BR has done. Doesn't even deserve to be discussed on the same page.