Member Info for Texlax30

All,

With Sandeeps comments last night, the overall GGP news flow for 2021 has just been turned up a notch. I have never seen Sandeep act like that....not for Lihir, Cadia, Red Chris. He literally lit up when discussing Havieron. We just had the CEO of a major miner, in a very corporate setting, talking about lil ol GGP and the sulphide zone, growing the breccia, etc. They took a punt on 4 drill holes a year and a half ago, and are now prepping for the decline and plan for the PFS in September. Sandeep, that’s only 6 months away, sir....

We have 65k meters of infill and growth drilling at HAV up to July. Chunky updates every six week, ‘every hole finds more gold’, ‘new targets’. The scary reality is that HAV is still early days. A year from now, will mention of 15m oz be seen as deramping?

This coincides with Juri JV exploration starting in a few weeks, and will be steady for the entire year. You think the Havieron satellite game is fun? Have a look at the map of BH and PRE. And Scally...100% owned, we should expect the 2021 plan in the coming weeks.

GGP has already stated they are actively planning for others assets outside the Paterson. What in the wide world of sports might this entail? Real potential to add value in this precious metals market, be it via organic growth or divestment.

HAV will continue pushing this company to new highs, and we are as derisked as they come. But a hit at Juri or Scally will send this to the moon, and quick. This is when the entire industry will have to take a step back and start thinking district scale.

Best part for us, starting in a few weeks? News flow from every angle, the timing of which is known (HAV) and unknown (well, all the rest). Well done to the powers that be for getting this into the low 20s and accumulating. Those days are numbered.

Monkey, as another poster mentioned the key number is 4.2 billion - that is the calculation to use, as has been the case since 2019. No ‘dilution’ here.

For dilution or unexpected placings, look at your top share RMM which diluted you to the tune of over 30% a couple of weeks ago. It’s the name of the game with microcap companies, and a necessary evil for the few that will actually achieve sustainable growth. Hope that’s the case with RMM and wish you all the best.

Tymers, your posts were more enjoyable before you discovered cryptos. Bang out of order post towards Speedy, not sure how anyone could interpret his opinions on physical gold as being short term, particularly as they are well evidenced and he is usually in here warning of a downswing or volatility in the PM space.

Jack, you hadn’t thought that better grades would reduce the AISC? Have a look at Cadia, but ensure to keep in mind TMT comments on transport and tolling (this is me helping you to continue your self proclaimed bearish approach).

The UT is 24, that is the closing price and if the spread remains the same on open Monday, we will be well in the red.

Does anyone recall what our SP was when H&P commented they were working on a substantial upgrade to their target price?

Gibson SG -> AC/DC -> Australia -> GGP...

Now I see what you’re saying, a customized SG with Gold pickups and Paddysat images on the body.

Done,sir ;)

Bamps, you love your cobalt!

That’s exactly right, Oldtimer. This share moves on its own when least expected, usually a string of 5-8 percent days before people look down and see what has happened.

Mush, can I just quickly say that whilst we’ve not met, watching you and your Mrs journey in early 2020 was quite entertaining and a bright spot during lockdown here in Dubai (even though I only joined in November when it was a requirement!). I seem to recall you were in a caravan, in a field in Portugal for one of the drilling updates haha. Continued watching your journey and how this share helped you achieve your dream of moving to Portugal. Very cool, well done.

Silotar, I’m down well into six figures on this recent drop. I say recent because they’ve happened before, and they’ll happen again. The reasons - I have no concrete conclusion, though I think there are some good theories and it is perhaps a mix of many factors. This is the risk / reward I signed up for when investing on AIM (I’m American, this makes our pink sheet stocks look like a walk in the park!).

It’s not easy to stomach at times, but you have to zoom out and look at the facts and inevitable growth of HAV. If you need the money out now, it’s a tough one, no one can deny that. But if you can leave your shares alone and have peace of mind that you will be here for the end game, these games become almost amusing and create opportunity to increase your investment - its a gift. My worst case scenario ‘end game’ is approx. 220% from this level, if no further value is achieved from other assets and the company is taken out post PFS. Now if SD does what I think he is going to do, this figure starts growing at an exponential pace.

Hope this isn’t too positive, and I understand the concern of many. But it’s a journey, and these trying times will only make the end that much sweeter. I like the stock ;)

21.375 atm. Further update to follow in 60 seconds ;)

Do feel a bit for those folks, never fun to see these antics work on fellow investors. Recall Fenix sold half his holding yesterday.

Hard to watch, just have to remember that the fundamental haven’t changed...actually they have for the better.

Hi red, where did you see this?

Neighbor just threw a bottle at my window....thanks a lot, Mush ;)

MFU, it’s not ‘can’t buy’, it’s more the crazy spread when trying to buy say 1.5m or more. Quite interesting. Cheers

This is a gold mine, not a video game store, sir.

:)

Throw the broker note out for a moment. The Scally drop, whilst ridiculous, was to be expected with this share - Scally was hyped and it was our first bad results in ages, MM’s were happy to plunge it and shake out the stops. Let’s even call it a normal pattern, and it even recovered a bit after.

The outlier here is the SP pattern several days post Scally, up to now. Decent volume, strong buying and now, most importantly, ridiculous spreads for semi large buy orders. Why deter buyers?

It’s very odd - I do hope people start looking at larger dummy buy quotes tomorrow.

Good point on GDXJ, Kabaa. Was also wondering what effect this current level might have on the rebalance in a few weeks, if we stay around here.

For the last several days, and today especially, the price action and buys v. sells makes zero sense.

The only logical conclusions I can draw are a very large sell being worked, or a huge buy being worked over an extended period. I don’t think a large sell would drag this long. Based on the amount of time this manipulation has lasted, I’m inclined to go with the latter - particularly with the massive spread on large dummy buys and the control MM’s seemingly want to maintain at this level.

Very interesting, and I’m oddly comfortable with it all.