RE: GGP - The gift that may give in the future17 Mar 2023 13:24
@ Ron-Burgundy. Have faith if you wish to remain invested.......BUT ....remember.....
GGP is a piddling little AIM exploration company..,... barely heard of by 99.999% of the investing public.
It has little capital , NO revenues , NO authority credited assets , NO actual production of product , .....
with no mining licence , etc, etc.
The institutions may well know , but they are not allowed to invest client money in piddling little AIM companies , ...99% of whom go bust, ... Most early and hopefully successful AIM explorers take 10 to 15 years to get where GGP have got in 5 , and PLUS , we have a huge mining company in a JV, with a processing plant down the road desperate for GGP feedstock.
All it has ( and of course every one of the LSE board as well ) is well aware what has been notionally drilled for , and the size of this notion growing by the minute and the hour , we know it has a superb CEO , who is assembling an incredible collection of fellow board expertise around him to develop a large mining company , we have investment and geology expertise on this BB who are well aware that this mammoth is bigger and better than anyone is prepared to officially admit publicly , ( still growing ) and we know that some of the globes largest mining companies are sniffing around .
We do know they are digging a large access hole down to the richest ( notionally ) ore bearing bodies , and are hundreds of metres and millions of dollars into that bit of starter work. We know of plans to consolidate the GGP shares and of plans to join the ASX. The Aus Government have even given GGP development grants.
But all of this has to be officially rubber stamped..... and it will be soon .....that time is not far off.
It is going to happen . BUT - As yet we do not even own a permission to mine. And all that is just Havieron. GGP own prospecting rights all over W.A. that could well equal Hav.
Like many others on this board , I predict that Xmas 2023 is going to be pretty enjoyable, and 1st quarter 2024 even better.
So just take Paddy Gals advice and sit tight.
Tig