Member Info for thelearner

GGP help on twitter - direct message bottle - he tell you how

Mickey - I managed to message GGP help on twitter

No I noticed the lack of green boxes too - but one just appeared for me above your last post

I've been clicking on a lot of the members names reposting - with a relatively low number os posts - most been a member for over a year and many for several years - obviously the readers of these boards who do not post often and appreciate the posts from Hydrogen, Paddy, Bamps and others - been quite amazing to see how many posts - all being removed.

WelshFalcon - completely agree - I now await some nonsense posts tonight.

This is from LSE Share page - top recommended posters

1. Hydrogen, Score 1403.82
2. PaddyGall, Score 949.28
3. Tillywhiz, Score 928.14
4. HarChris, Score 773.31
5. Bamps21, Score 763.26
6. Codejunkie, Score 748.23
7. SpadesAspade, Score 673.69
So looks like LSE are banning for 2 days a few of their top recommended posters – makes a lot of sense - Not

Floater - agreed - personally I just use the filters

Hearing people reposting the post are being banned for 2 days - until Wednesday - don't know if it's true, but mods certainly busy deleting posts

Bamps - I sincerely hope not - you bring so much to many on this board. Your posts are incredibly interesting and invaluable.
I was reading the board yesterday, never noticed anything - were some posts removed?

I agree with doublehun here, ignore any detractors - do not let them win. Hydrogen has also been attacked lately - and I don't know what's going on - but I do know, your posts, with those from Paddy, hydrogen and many others are hugely invaluable.
I have been sitting on my hands and adding, and have been confident to do this largely because of the contributions of the trusted posters on this board.

mralien - I believe them both TBH. I am invested in GGP and XTR, read both boards, much more heavily in GGP, been there since 1.6p and have continued buying all the way up -and down! XTR I bought initially at wrong price point around 6p, but bough some more recently in low 3's - wish I'd bought more - was buying both companies.
It's very easy for people to become heavily immersed in a single investment, and not spend time looking at others - nothing wrong with that.
I came here by chance, but because of doing a lot of reading about the GGP major partner NCM, had read a lot about the Cadia Porphyry area. That's what got me excited about the potential at Bushranger/Racecourse, and also XTR have some African projects hopefully soon providing income, something GGP have not got.

My own view is both companies/projects are very different - with huge potential. GGP will have 30% of what I believe could be Australia's biggest Gold/copper IOCG ore body find for decades. XTR might just have stumbled on to a medium sized Cu only Porphyry, but possibly with other deposits very close - which is what I found exciting, and Icebergs blog shows how interesting hole 25 will be.
What I am not sure of is if XTR will go for quick sale of Racecourse, or do some more exploration in the area to see if there is even more there. Very interesting period ahead. I think I'll do well with both companies - don't think either will give very quick gains and require patience. But hope I am wrong.

mralien - I believe them both TBH. I am invested in GGP and XTR, read both boards, much more heavily in GGP, been there since 1.6p and have continued buying all the way up -and down! XTR I bought initially at wrong price point around 6p, but bough some more recently in low 3's - wish I'd bought more - was buying both companies.
It's very easy for people to become heavily immersed in a single investment, and not spend time looking at others - nothing wrong with that.
I came here by chance, but because of doing a lot of reading about the GGP major partner NCM, had read a lot about the Cadia Porphyry area. That's what got me excited about the potential at Bushranger/Racecourse, and also XTR have some African projects hopefully soon providing income, something GGP have not got.

My own view is both companies/projects are very different - with huge potential. GGP will have 30% of what I believe could be Australia's biggest Gold/copper IOCG ore body find for decades. XTR might just have stumbled on to a medium sized Cu only Porphyry, but possibly with other deposits very close - which is what I found exciting, and Icebergs blog shows how interesting hole 25 will be.
What I am not sure of is if XTR will go for quick sale of Racecourse, or do some more exploration in the area to see if there is even more there. Very interesting period ahead. I think I'll do well with both companies - don't think either will give very quick gains and require patience. But hope I am wrong.

Interesting read Prop. SML were awarded $22mill in damages, but are in line with the rest of the creditors. Could not see the total claim amounts competing for the $6mill held by receivers, which has potential to increase - but receiverships costs continue to eat away at this as well.
If this was my company with this claim, I'd plan on receiving a big fat 0, and anything else would be a bonus.

As well as being very heavily invested here, I also have a bit invested in XTR, and as usual bought some at the wrong time, and currently sitting just around break even. I do follow the iceberg's blog, and my hope with XTR was to be lucky with the drill, and prove up more that 2mt and trigger the Anglo American buyback clause, make a quick profit and put it in here - assuming we were still quite low. Cadia is a stunning example of a porphyry deposit, but it has decent grades of gold and also molybdenum. Bushranger only really showing copper.
I now think will make a profit at XTR, but not sure how quickly - and if it will be quicker than here. Mining exploration investment is not easy.
My first mining investment was CNR. On Friday more dilution and 10% reduction in share price. I am just ahead after years invested there, and know eventually I will make a good profit, but it's taken years longer than anyone expected - I had also been swithering about divesting from there an putting it in here - again missed a good opportunity. CNR have gold in ground, can develop open pit at low cost and get gold production quickly - need to arrange finance. Everything takes longer than hoped.
CNR - Nicaragua - has always worried me. My other mining investments are Australia and Canada - must admit much happier there.

https://investingnews.com/daily/resource-investing/base-metals-investing/copper-investing/types-copper-deposits-world/ for anyone interested in copper - and there will be a shortage and prices will increase.
But there might be more copper in Hav than Bushranger - some good Cu grades reported in last set of results.

I've always said I have put enough in GGP, but like many I keep buying more. Thinking carefully now what I do with XTR and CNR. Lot of impatience now on both those boards with SP not rising as quickly as hoped - a bit like here.

Big difference here is NCM - wold class mining co with huge underground mining experience driving, and they have a large capacity mine close running out of feed. We have potential exploration upsides, maybe better than others - only time will tell.

"share price falls on good news" - wish I had a quid for every time I have heard that on the GGP board over the last couple of years.

I just think there are unrealistic expectations for a very quick stratospheric rise in SP - it will take time - needs drilling results and assays. The II's won't really start piling in here until they are very sure there is a large and commercial scale discovery, derisked by drilling, assay results and some sort of study to show capex required and annual revenue/profit.

Also minerals sector sentiment has not been good lately, and a lot of the AIM money is away chasing quick and large returns in crypto, which I don't understand but wish I did.

GLA and have patience.

Hydrogen - excellent post. I agree with almost all of it.
I was lucky to be brought to GGP from another LSE board, and I researched, but was pretty much a novice at AIM and mining investment. I think being brought here and investing will be the best investment decision I have ever made.
I have never sold any, have added a lot in 2021, from 33 down to 16. Will not be selling, Hav on it's own is good enough for me to hold, and although it will not be easy to find another tier 1 ore body, we have good acreage. Finding another Hav is dreamland. They will not come along very often.

I have said many times on this board in my posts this is a long term investment if you want to get maximum value back.
Mining exploration and then developing a mine takes many years - NC are only going so quickly with Hav because they have Telfer desperately needing feed, and I think the speed and urgency will continue until they have enough feed for 10 years for Telfer. For future reserves and profits. Then even if Hav has more to give, they may slow down the exploration around Hav.
Their dilemma may be that if they want to buy 100% of Hav, it would be less expensive if they have not drilled it all. Who knows what will happen - we can only speculate.

Many Pi's cannot hold on for years - they do not have that luxury. They may have an investment aim of a return in a year or something for house purchase etc. I am fortunate - this investment is for my family - not really for me. I can hold.

Keep posting - I for one love the work you do and the information you bring to this board.

Doublehun - much unnecessary bad feeling between our clubs IMHO. WS was a great man - much to be admired. I am first and foremost a football fan, before any club allegiance. Although Sunday for me was painful in the EPL, Liverpool and how they played, and what JK has done can only be admired.

Hurtsy - my understanding is the rare earths project at Ernest Giles did not get mothballed - we gave up the licences - because there was no money left. Ernest Giles is becoming a very sought after area in Aus to have exploration ground.

I also had the thought that a TUN JV or buyout of Redmoor might be something they fancy. Not sure they would be interested in the LCCM/MOL prospect - but a buyout of Redmoor would give SML the cash they need to get LCCM up and running. With all the money spent on LCCM surely it will work this time.

Nobody more than me - or other LTH's want this BOD to get the PEPR and finance for LCCM sorted - and get some cashflow from that project to provide returns for shareholders and to develop Cornwall.

I am seriously worried they are arranging the finance with Brenda.

Guys who are that smart also would likely be holding on Wednesday - unless they have found an even better prospect to put their profits into!

"The Acquisition Agreement has been entered into today by the Company and ProspectOre, an Australian public unlisted company." Very hard to find out who the shareholders are.
https://markets.ft.com/data/announce/detail?dockey=1323-14560414-0NF39I6NIP2M39JSO0SN6MS74G

"The total consideration is apportioned as to £10,000 in value for licence EL8305; £10,000 in value for licence EL8306; £10,000 in value for licence EL8585; and £1,220,000 in value for licence EL5574 (the Racecourse resources lies entirely within EL5574)." much more detail in the article.

From Ian Wallace Linkedin page "ProspectOre Limited is the Australian subsidiary of Xtract Resources PLC (UK listed). ProspectOre holds the Bushranger Project that was first identified by the IQ Minerals Group before being vended into Xtract." https://www.linkedin.com/in/ian-wallace-1131a087/?originalSubdomain=au

Quintin Hills linkedin page "IQ Minerals Group is a private company that actively pursues mineral resource project development opportunities."

Anyway - if they brought Bushranger to Xtract and CB, very well done to them - and if they have held or cashed in their shares, very well done.