Member Info for Texlax30

Explode

Hi Sprouts,

I’m from Texas but live in Dubai, so Im good at this - GH has taken that double humped camel and turned it into a thoroughbred Mexican stallion with a neck that has, shall we say, an upwards trajectory.

Back to the point - funding done, an MRE that will explore over the next two years up to production, and other tenements that will keep the SP not so boring.

Hi Sprouts,

First off, appreciate your genuine thought out posts. You said ‘there should be a dip as the reality of funding and various studies take place’ - can you expand on this as it relates to GGP?

Agree Chester, I find this all intriguing and look forward to the reasoning more than the SP effect!

For the share price effect excitement, I leave that to GDXJ ;)

Gonna be a fun week. We just shook the hell out of the 27-31p channel, I think they’ll have to go the other way in dramatic fashion to look for shares.

I’ve said it before, I don’t think we can view the Juri JV in a vacuum, it was too left field and I’m convinced there were other outside influences of which we are not aware. Be it positive Scally cores, risk of an outside takeover, or a combination of these and others. I think the Juri JV was pushed hard by NCM to protect their own interest (and GGP), and GH had to fight to keep Scally...for now.

Agree Mickey and Gullible, can’t rule that out. However, if that was the case, why wouldn’t GH continue the plan in bringing the rigs up to PRE and put in some holes whilst it is still 100 percent GGP. Did they think ‘oh well, nothing to see here at Scally, let’s just go ahead and give 80% of PRE and BH to NCM’...

Me thinks not, but what do I know !

If I recall correctly, on the Monday to Weds prior to the last GDXJ buy (ie just after they announced the allocation) we saw massive jumps starting at 8am. And in the weeks prior, we had also gone on a huge positive run from around mid August, thus there was understandably an element of profit taking to create liquidity on the way up.

This time around, we’ve had huge sticky funds buying 100s Mil in the interim and, most notably in my view, over the last couple of days we retraced and completely wiped out the 27p - 32p channel. The folks remaining seem to understand the MRE, and the market has caught up. The weak have already been shaken.

There’s going to be huge buying pressure from 8am Monday, which we saw had already commenced midday Friday. So my rhetorical question is where will the shares come from?

Now imagine if a Scally rns was to fall into the mix...Michael Caine / Italian job comes to mind ;)

Sprouts, with all due respect I don’t think you understand the scope or purpose of the MRE, much less how that results in market sentiment and future value of the company. You seem hell bent on equating the MRE to the current share price, and my statement above is the only conclusion I’m able to draw. ATB.

And then think about ‘open at depth’...and then think about the term ‘district scale’, ‘5 drills in the middle of nowhere’, etc.

Oh me oh my.

Both Paddy and now Nige W have referred to it, perhaps the best piece of news all year though seemingly ignored. Even when applying lower grades, wow.

Ah yes, Blue..

To think of our new friends, Arnold, Miagi, etc. and their missed opportunity. We barely knew you.

JoeBass, I’m worried that by the time we get to the FS stage at HAV, you might have drunk all the red in Margaret River!

GH strategically removed GGP from experiencing the traditional exploration to mining cycle. Keep up, sunshine.

Sprout, the suspense is killing me - do the numbers add up, will you be buying?

I’m going to assume Sprout now understands and is emptying his couch cushions to buy.

Lmao hopefullygold, father of the year nominee right there!

Hydrogens taking no prisoners this morning, love it.

Will be less than 4 percent down by 3pm. 37p this time next week.

GDXJ must be loving this, you know they want to be able to buy a bigger chunk..Maybe I’m a narcissist, but I do kind of enjoy days like today - derampers, ppl sh&*ting themselves. I would have made a good MM ;)Relax and go listen to GH explain what is excluded from this estimate. Then think about depth.

Top journalism right there...lmao