In a NORMAL ??? investment year...........31 Dec 2020 20:02
......... one would probably be pleased to make 20 % / 30% and absolutely delighted to make 40 % / 50% .So here we are at the 11th hour of 2020 , if one was a Jan 1st LTH contemplating around 2000%,
and for those that jumped on board during the year still experiencing mind blowing 3 figure %age gains. You will probably have to live another 100 years to find a similar investment train. Not only to find the train, but one with such a lovely bunch of highly experienced and knowledgeable fellow investors on board, with such an amazing flow of fact, data, perception, advice , analysis, access to the global satellites , charm, attitude , kindness, and support.
It is not going to be quite so astounding for 2021, but, there is still quite a bit of the journey left. We have found the gold /copper, and all the machinery is in motion to extract it, and to extend the boundaries of a massive global deposit.
If one took the not unreasonable view that one year from now, with a continuing flow of pretty good news from some of the GGP prospects, an increasing Havieron MRE up to maybe 15Million oz., the POG on a not unreasonable track up to $$ 2500 , some early gold production, some outside JV approaches for one or two of the GGP prospects, just one really good Tier 1 surprise explosion, ............. and we could be looking at a 2022 NYE COP of say Β£1-20 / 40p. , then to follow our current year 2000 % , we could be appreciating a 300% for 2021.
Of course that for the LTHs would amount to 6/7000% for the two year span.
And that would be amazing, and not unreasonable.
So my simple investment brain, what is left of it, says that whilst it may well make sense to topslice a bit to play around the market with, GGP still represents an incredibly sound investment, and I have no intention of jumping ship for some time to come.
See you all on the board next year.
Tig