Member Info for TimberTrader

Why? The last assays were the most encouraging to date?

IMHO, it's nothing more than a manipulated drop on AGM day. Probably shorters doing their best to push south to get back in at low prices, before, as they well know, the rise will continue further north with the imminent news, and just the fact that the sp has been held ludicrously low for too long anyway!

Good grief! But, also so humerous! That slimey troll stone is up and open again.

I see that some of the usual suspects are out today! No surprise there then! Also no surprise is that on the day of an AGM the sp is manipulated down. It's not like it doesn't happen quite a bit. Last year we climbed nearly 10% the following day....

It appears to be the same on the ii platform.

I know that this has been discussed, especially in recent months, so I just pulled up a basic comparison chart Gold Price (USD) V GGP Share Price.

Make of it as you will...

https://www.tradingview.com/x/d0AC5o5Q/

The Havieron grades were already looking great! Better would of course be amazing...

As Sandeep Biswas stated in 2020 (about the Havieron SE Crescent zone):

“So this mineralisation is quite different in many ways to what we are seeing in Telfer”

“For a start its much higher grade, I mean, we haven't seen these sort of grades at this sort of volume in the Paterson”

"The reason we are excited, and you've seen all the drill holes is that we have this high grade kind of what looks like a parabola on its side where we think that the first mining will start."

"Which will involve high grade stoping, which we will truck to Telfer. So this is, you know, 10 times the grade of what we're currently treating at Telfer."

Apologies if this piece about Indonesia & Wyloo was posted earlier, but I've only just noticed it...

"....Several untested highly prospective conductors currently sit within the 14km of the Dalton Suite, which has been confirmed to be enriched with nickel and having potential as a primary nickel sulphide host.

Greatland’s breakthrough occurred after the US Government blocked Indonesia’s bid to become a nickel free-trade partner – a move that was applauded by concerned Australian nickel miners such as Wyloo.

“It’s pleasing to see that the US has made it clear in its discussions with Indonesia that any possible free trade agreement must factor in strict ESG (environmental, social and governance) requirements,” Wyloo chief executive officer Luca Giacovazzi told The Australian Financial Review."

https://www.australianmining.com.au/greatland-sees-nickel-boost-at-panorama/

Should definitely be imminent now. Don't know how the Scally cores were treated in terms of handling & logistics compared with the Paterson South one's. Maybe, and this is purely a guess, Paterson South were given priority over Scally for the new Rio J/V reasons. That said, my best guess would be this week, or next for Scally assays.

I'm certainly not getting excited about the MRE before late December.

Five weeks ago, when speaking with the Sunday Roast guys, Shaun Day stated (Thanks to Dipp again!)

"...we have a 6.5Moz JORC resource presently, we are updating that, we seek to release that in this December quarter - It will be late in this quarter, I think we previously guided that we do want to have that externally reviewed by an independent and we’re going to share that with our JV partner that I think I can now call NEM..."

Wishbone Gold PLC (AIM:WSBN, AQSE:WSBN) said modelling and exploration at the Red Setter prospect in the Paterson Range in Western Australia gas confirmed a significant gold system with a mineralised strike over 3km...

https://www.proactiveinvestors.co.uk/companies/news/1035009/wishbone-gold-says-red-setter-has-real-potential-scale-and-size-1035009.html

Https://www.fxstreet.com/analysis/gold-price-forecast-xau-usd-hits-fresh-all-time-highs-near-2-150-whats-next-202312040306

Https://www.tradingview.com/x/gIex5kw7/

"...our intent to come out with a MRE before the end of this calendar year, that’s obviously coming closer.."

Nice to get that reinforced yet again!

FYI, the current GDXJ GGP shareholding is 19,903,598 shares, with a value of USD2,816,151, which is 0.7% of the fund net assets.

https://www.vaneck.com/uk/en/investments/junior-gold-miners-etf/holdings/

Here's the 5 year chart:

https://www.tradingview.com/x/Kh8wqyEm/

Currently the POG is at $2058, just $15 short of it's highest price ever in USD!

It's Friday! Yeah!

I wonder if we'll get the usual apres 5pm de-rampers/Doubt-casters that we tend to get each week....You know the types...I've been invested in GGP for some time now, BUT...Blah! Blah! Shaun Day...Blah! Blah!

Only time will tell, as always!

Have a great weekend, and let's see what another week brings! GLA! TT

Thanks for that JB! It's good to get some feedback from Oz, and especially from a local geologist.

Mind you, from other posts, and from other sites, and from comments in Oz, it seriously does look like a lot of Oz investors, both retail & institution, are increasingly up to speed on Havieron & Greatland Gold.

It's a shame, IMHO, that we've put the Greatland AXS listing back, but I'm sure that Shaun Day and the BOD have very valid reasons for doing so at this time.

As I've said for some time now, the sooner we can get out of AIM, and it's 'wild-west' trading, the better, IMHO. It's not as if it's, essentially, just as easy to trade on the ASX, as it is on AIM nowadays anyway, and also accepted by HMRC in an ISA!

It will, believe me!