Member Info for threeturn

I think the important thing for a lot of us here, who have, or are in the process of making some "once in a lifetime" gains, is what you do with that profit after you've sold GGP. I for one will be looking to put the lions share into some lower return, more secure investments as I am pretty sure I have been unbelievably lucky here and am unlikely to find that kind of luck again.

I set an original target of 18.5p when we were back at 12.0p. Sold 10% at about 21.5 this morning puts some good profit in the bank (my average is below 1p). The only risk I can really see going forward is Scally not hitting anything, in which case we could see a small tumble, but I am confident this will then be recovered leading up to and post MRE.

I've been in since way sub 1p in fact most of my shares were bought in the region of 0.17. I guess it was a gamble but I had been following a couple of posters on other boards and come to hold them in decent regard. I saw they were also posting in this GGP company and so started to follow that board and look in to the company in more detail. TBH I liked the interviews GH gave and combined with a few days intensive research, that have me a lot of confidence so I stuck 4k in. I then unbelievably sold it all when it was 2p in Nov 2017 and in a moment of clarity thought what the F*** have I done and bought it all back witnin minutes! I have bought a few more since and sliced 4k off a couple of weeks ago to use in some other minor explorers. So...all in all a combination of luck with timing, trust, real in depth a**l level research...and more luck!

But 0.44% of 2,390,182,462 is 10.1 million...? Can someone better qualified than me check the maths here?

Ah OK...sorry Spy, getting it now...another day...another school day! But as my dad always used to say "any day that's not a school day is a dull day!"

So..and excuse me for not getting it...GGP has 3.794 billion shares in issue. Where does the 2.39 billion come in? Surely that is not what GDXJ are saying they will be buying up?

The twitter link is saying 2.39 billion which can't be right..or have I got something wrong?

Ignore that...239...?

Jeez 239 million shares!

What ever happened to EG...is it still on the back burner? NM did a fair bit of work on it and it was looking OK at one stage...

Just checked them out...that's a decent shout Hollo :)

It's great to read the posts from folks on the board who are selling and slicing and realising profits they could have only dreamed of a year or two ago, but what is equally great is the fact that these sells are going on and the SP is staying stable as there are still plenty of buyers and confidence in further gains.

I've sacrificed / cashed in my initial investment in GGP (a fraction of what iholdings stand at now) and also got a punt in ARV, AZY and SVD through ii. SVD is still a relative minnow but ARV and AZY are already at reasonable MCap so I don't think there will be another GGP out of them...but then again if there was I wouldn't complain :)

DYOR 3T

Sounds like a plan! :D

You can..but then you'll have to spend the next 15 years in the clink waiting to spend your GGP gains!

I know everyone is fully free to make whatever size of trades they want, but what's with all the tiny ones for under a tenner that have been going through since about 4:20pm? Can anyone shed any light on the whats or whys of them?

It's frustrating how buys show as sells and sells as buys on lse. Any ideas why? Although a good while ago now, I have seen a buy I made show up as sell...?

Is it not a case that each investor decides themselves what to "price in" or not and makes decisions based on that? I don't disagree that some of what is to come is "priced in" but that in itself is the very nature of investing and trading. That's why those that do real in-depth and continuous research manage to get in early. If you waited until announcements were made, you would always be way behind the curve. So, yes I believe some of the rise we are seeing is speculative on what is to come, but what gives people the confidence for that speculation is, in the case of GGP, the number of potential positives in the short to medium term, rather than biting your nails and hanging your hat on a single coming announcement often with no definitive timeline, as is the case in so many other exploration companies.

Unlike a lot of other shares GGP tends to follow a pattern of increasing leading up to news and then not moving much after it...often dipping a little. I see this as a reflection of the confidence that most of us who are in GGP have in the company, it's resources, it's partnerships and the general direction of travel of the share. There is risk in all shares, but IMO GGP has moved into a territory where the SP is becoming more and more "de-risked" and so is being traded more like an established mining company than an explorer. The gold is in the ground at Havieron. It's feasible to mine, the levels of copper should result in a low AISC (which means we are not relying on continued, elevated gold spot prices for feasibility) and it's not going to suddenly disappear. By the time we get to news, a lot of that news has often already been bought into and priced into the SP (sometimes slightly overbought an over priced hence the slight fall backs afterwards). Although we may see some spikes after Scally, MRE and other news, I (and my nerves) would take this pattern of steady growth rather than the unpredictable spikes and troughs that so often occur with exploration companies any day. I love this board. For the most part It's friendly, informative and has open, intelligent discussions. When we dropped back from the 14's to the 12's there was a lot of negativity and complaining on the board with "MM games" etc. being cited and when that happens again, as I am sure it will, I would politely ask all those potential posters to think twice before posting, to look at how this share has traded and moved in the past, to have confidence in their decision to invest here and consider what such postings will add to the board. There is nothing wrong with well thought through critique and such posts keep the board healthy, drive discussion and increase knowledge. I don't post much on this board as either due to other business commitments the discussions are usually over by the time I get to read them or I simply don't have anything constructive to add due to a lack of knowledge of the mining and exploration processes but I would just like to express a massive note of thanks to all the regular posters who have made this board what it is - a shining light on LSE (and the internet in general). I don't know any others like it, so lets all try to keep it that way as we ride the GGP train. To quote the words of a great man "To infinity...and beyond!"

Just got that too tig..had to clear my cache in the browser...