Member Info for Tildo

Evening all - need a bit of therapy so sharing my journey.

It’s all been a bit of a rollercoaster the last few weeks. Have a real mixed feeling over the drop. I sold 40% of my holding in the run up to Christmas with my last big sell at 35p. I bought into three other mining stocks to diversify after being exclusively GGP for most of the year. Then the drop. Ouch.

I now find myself 90% back in GGP again. Bought back at 26.5p (oops - to early) and 22.5p (1 day to early). I am really hoping this has turned the corner now. I have no reservations about buying back. I very much hope by the summer I will be thanking the MM for dropping this. For now I am just going to ignore my end of year account balance and the 25% portfolio drop in the last 6 weeks.

The patient will be rewarded here. Good luck all.

I appreciate the early enthusiasm but +5% doesn’t really feel like they have let it go. If we can hold 25p at the end of the day that will be progress. It’s going to take a few weeks to get back the right side of 30p but it will get there. Absolute HOLD and BUY the dips if you have the spare funds.

GLA

SW. I appreciate hearing your views and you are at least setting out your figures. I just don’t accept that the company is valued based on published figures alone. Hope value and investor sentiment is what drives all stock prices. Look at Tesla!

Anyway, hope you manage to get in at a price you are happy with. 50p to 66p by the end of the week might be a tad optimistic but I wouldn’t be surprised if we get there by the PFS.

Good luck

Good financials. Also spotted significant cash reserves. Be interesting to see if they continue to grow the pot over the next 12 months and position themselves for a buyout of Hav. The PFS is the trigger for buying the 5% and would be the obvious time to make an offer.

Kitco interview today highlighted all of the gold majors generating billions of surplus cash and there is an increasing likelihood of takeover / m&a as we move through the year. GGP must be on the majors radar and the current SP must be tempting takeover talks.

No it’s not SW. total Hav drilling was about 130km in the first 18 months and they have already earned in 60%. It was a lot more than $20m spent. The next 65km is a substantial uplift in drilling and will go a long way in expanding the resource.

By the way the SP figures you claim don’t allow for the potential of the project. I think you have turned up tonight hoping to add your own spin on the situation hoping to hit your target buy price of 18p. If you had a little longer term vision you might have bought in 12 months ago....

Companies like Newcrest don’t include speculative resources in their reserves. This is now a committed project and has been the minute the MRE was published.

The brokers need to step up and reissue guidance with a sensible risk rating. 66p unrisked x 75% = 49.5p.

The whole mining industry is down in the last 4 weeks but it can’t last. I expect a reversal in the SP back to 33p current broker rating before the interim exploration results in 4 weeks and the next MRE update in April at the latest. It is written in black and white that the 65,000 expansion drilling is to the end of June. So much going on to drive shareholder value here.

At 23p I can’t think of a better stock than GGP. Unbelievable price!

GLA

Robert66, that’s a great find. He states that finding traces of gold and a series of geological signposts is really exciting for Scallywag. If I interpreted his comments correctly he is saying there is gold down there!!!

Looking forward to further Scallywag drills this month. Could well be this week as it’s SD’s turn in charge.

GLA

Rob, I have seen this before too. Looking at OMI’s journey there will be significant PI shareholders who have tripled their position here and want to move on. It could be warrants. This is what makes calling the market so difficult in stocks with limited liquidity. All it will take is for us PI’s to decide to hold and the price will go up. The old adage of time in the market springs to mind.

If our JV partners step forward in March and step up exploration then all you have to do is nothing. Unfortunately, for most PI’s doing nothing is the hardest thing to do!

Phoebus, as someone who sits and stares at the GGP share price daily I can assure you that good news has rarely been met with a SP uplift. The sell on news brigade will be gone today and I expect (like GGP) this to move up to the next price point in the next week or so. Now is the time to buy and hold. Looking good for OMI.

G5 - entry and exit points are always a personal choice but you need to start by asking would you invest in GGP at 28p today. You have 3 days until drilling update, a broker price of 33p with a 50% risk weighting and zero value attributed to a number of other prospectable assets. I say you would.

Good luck

These are red letter days to the savvy investor. We will be back at the Berenberg 32-33p guide price at or before the results day in a week time. Buying the dip today at 26p is a 20% return in a week. Fill your boots.

08:34 and the SP graph shows nobody has Ben able to trade so far. What’s going on?

Market doesn’t know what to make of the US politics and COVID. Today’s drop just matches yesterday’s rise and the general negative pressure on gold stocks this week is indirectly linked to investors long term view on gold (I.e. very slightly less positive than 24 hours ago) and probably natural downward pressure after a good Christmas period.

We are all waiting on a major re-rate linked to expected RNS so small fluctuations are of no concern to LTH.

Good luck all

Looks like they have their 221M share now and sat at 1.77% which is their 17th largest holding out of the 70ish stocks held.

TimeforGold, I certainly think you are right but I am expecting 10-20% max. Now if the assay results come with another JV then certainly this would open up the potential for greater value in the SP. I don’t expect the JV but there is a chance of it given what must have been extensive discussions surrounding the GGP and NCM Hav and Juri JV.

I appreciate every board gets its fair share of tampers but the 50p/£1 on results brigade are just daft.

I am going long in GGP for 2021 though and Hav alone will get us past 50p.

DYOR, here’s hoping for good news this week.

Like many others I think the omens are good for Scallywag. Positive news would be amazing for GGP in the long term. I also think people are going to be very disappointed by the short term impact on the shareprice. Let me tell you why.

Our MC now sites at a remarkable £1.3BN. In the next 2-3 weeks GGP are going to announce a few thousand metres of assay results. As important as positive results are we will be a minimum of 3 years behind Havieron. After an initial couple of hours of speculative buying I believe we may, if we are lucky get a 2-3p lasting benefit to the shareprice.

History could well repeat itself here with GGP. And that history will need to repeat a 2-3 year cycle of proving up the asset. It’s this journey that will add the value.

Let’s see what this week brings. GLA.

Impatience would be my guess and the fact the Xmas seems like a time to close down trades and take a profit perhaps.

For what it’s worth I bought in today at 34p. There is absolutely nothing to suggest EUA are not going to be purchased and at less than £1BN market cap there is plenty of upside opportunity here.

Most likely not updated the GDXJ website.

Come on PI’s - they are going to have to keep taking this up if you just don’t sell.

35.25 paid

It is telling that the Board announced at the AGM they want to give a investor presentation and Q&A session to discuss drilling results. You most certainly don’t plan this 4 weeks ahead of time if you don’t know results are good.