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Who knows? We've seen it all before...I guess we'll either open tomorrow at around 7.7p, or 8.6p?

https://www.londonstockexchange.com/stock/GGP/greatland-gold-plc/trade-recap

LSE showing GGP close UP 11.7% @ 8.6p.

So, 3 X 2,359,745 share buys = 7,079,235 @ 8.6p

Let's see what happens tomorrow morning...?

ADVFN showing 3 X 2,359,745 buys @ 8.6p

GGP SP Closes UP 11.7% @ 8.6p

Still buying! Up again!

"There's plenty of M&A action happening with Newcrest Mining and Newmont Corporation in talks for a mammoth gold deal.

The market will also be hoping for more clarity on some of Newcrest's development projects, including Havieron in Western Australia, when it releases its quarterly results...."

https://www.miningnews.net/capital-markets/news/1450763/stocks-to-watch-april

https://www.newcrest.com/investor-centre/key-dates

WAITING FOR A CHINA REBOUND? HOW ABOUT GOLD?

Though investors have put their hopes in the recovery of industrial activities in China, global concerns might make them look for a haven in precious metals instead.

Accordingto Berenberg analysts, early signs of the long-awaited China rebound indicate it "will not be particularly stellar, offering only modest growth." Thus, rather than waiting for Godot from the East, investors could turn their attention to "well supported" gold, for instance.

As the banking sector has been shaken by collapses and overall uncertainty, and global GDP is likely to slow in Q2, offsetting any potential gains from China, and gold might get a boost from a possibly more dovish Fed, Berenberg says.

"In the near term, we believe that an overweight precious metals strategy is merited due to ongoing geopolitical concerns and risks in the banking sector."

This being the case, the broker recommends gold-oriented stocks in its analysis, such as Greatland Gold GGPL.L, Endeavour Mining EDV.L and Pan African Resources PAFR.L.

While Berenberg also highlights Boliden BOL.ST, which is mostly copper-focused, as a "top-quality operator," it notes that the Swedish miner should generate 14% of its 2023 revenue from gold.

https://www.xm.com/research/markets/allNews/reuters/waiting-for-a-china-rebound-how-about-gold-53512230

An interesting piece on 'Seeking Alpha' from Taylor Dart, who's been well up to speed on Newcrest Mining over the past few years, and who has mentioned Havieron and it's importance as a growth project.

He says here:

"So, while Agnico Eagle may be slightly behind smaller producers like Newcrest and neck and neck with Gold Fields, I see a strong likelihood of increasing its lead relative to Gold Fields by 2025 (helped by winning the Yamana deal) and continuing to keep pace with Newcrest, which is also enjoying exploration success at several key assets (Havieron, Red Chris, Brucejack)."

"Exploration success/Key asset"

Well, we all know that, but, another tick anyway, but especially from someone who is also up to speed!

https://seekingalpha.com/article/4591224-agnico-eagle-an-industry-leader-for-reserve-growth-per-share

Definitely some game playing going on the past few days, and with sp movements unlike the 'usual'. Net result is that, IMHO, someone is looking to accumulate, but obviously not at any price. The limited free float sees to that, and, although up/down on a daily basis, we may see this, overall, pushing us strongly over the next few days.

Fair call readthe candles!

We all know what you mean, and indeed have seen it so many times before.

If this is the same, who knows?

However, and as I keep saying, as many other researched investors do, most of us know what we have, and the sp is still ludicrously low, in the extreme!

Well, it does appear to be on it's way today, anyway...

It's usually good to see media coverage on Greatland Gold, but what's geting a bit tedious now for me, and I'm sure a lot of others, is that the Havieron 6.5M oz Gold Equivalent (5.5M oz Gold & 218kt Copper) figure, although accurate of course, is now so out of date. Because it's so out of date, it surely has an effect on potential new shareholders, be they institutional, or retail.

It's been nearly 13 months now since the last Greatland Gold Havieron Mineral Resource Update of the 3rd March 2022, which was was based on a drill cut-off date of 2nd December 2021. Yes, 2021!

That means we've subsequently had 16 more months of drilling since that old cut-off date. That update increased the mineral resources to 5.5M oz Gold & 218kt Copper or 6.5M oz Gold Equivalent. By the time of the next update in August we'll have done around 20 months of additional drilling since that last cut-off date (with the updated MRE in August taking into account around 16-17 months of that).

IMHO, I'd expect, at the very least, 10-11M oz Gold Equivalent by the time of the next Havieron MRE update, expected in August. I'm assuming a drilling cut-off date of sometime in May for that update.

Frustrated, yes! What to do? What can you do? However, we all know where this is going, and it's a whole lot bigger than what's published currently, that's for sure!

DYOR & GLA

There are 40bn reasons to upbeat about the prospects for the gold sector.

In dollar terms, the number above is the value of merger and acquisition activity seen so far this year in the sector.

But just what’s behind it and why has the price of the yellow metal been so erratic since the start of the year?

Here Proactive takes a closer look at the sector and takes a deeper dig to see what lies in store for UK gold miners...

...Another player worth watching is Greatland Gold PLC (AIM:GGP, OTC:GRLGF), which has a 30% stake in the Havieron copper-gold project in the Paterson region of Western Australia. Newcrest holds the remaining stake and is developing the deposit, which boasts a potential of 6.5 million gold equivalent ounces, positioning it as a world-class property. However, the future of Havieron, and consequently, Greatland, may hinge partly on the outcome of Newcrest's potential takeover by Newmont...

https://www.proactiveinvestors.co.uk/companies/news/1010435/newmont-newcrest-and-the-reasons-to-be-upbeat-on-gold-miners-1010435.html

An interesting day. Unlike most of the other run ups in the WSBN sp, which have ended in a drop back the same day, we've not seen that at all today. Let's see what tomorrow brings...

A bit like some of the core from HAD-005 then! ;-)

Sadly, they still come here, posting their usual, pathetice, diatribe nonsense!

Totally pointless, and with absolutely no substance, nor any research, whatsoever, about Greatland Gold!

Clearly, IMHO, these are deluded, narcissistic, probably, in many cases, paid for, lacking in any morals whatsoever, sad individuals, who should really know better!

Copper prices will surge to a record high this year as a rebound in Chinese demand risks depleting already low stockpiles, the world’s largest private metals trader has forecast.

Global inventories of the metal used in everything from power cables and electric cars to buildings have dropped rapidly in recent weeks to their lowest seasonal level since 2008, leaving little buffer if demand in China continues to pace ahead.

The benchmark three-month copper contract is trading at $9,000 a tonne, having gained 30 per cent since falling sharply in the three months after Russia’s invasion of Ukraine when investors fretted that soaring energy prices would dent metals demand...

Goldman Sachs expects the world to run out of visible copper inventories by the third quarter of this year if demand in China continues to power ahead as strongly as it did in February...

...Mining executives say it is increasingly difficult to boost new supply of copper with declining grades. Mining billionaire Robert Friedland told the Financial Times it took him 28 years to develop the vast Kamoa-Kakula mine in the Democratic Republic of Congo, which is ramping up to supply 650,000 tonnes by the end of next year. “We are heading towards a train wreck,” he said. S&P Global estimates that 40mn tonnes of copper will be consumed a year by 2030, up from 25mn tonnes in 2021...

https://www.ft.com/content/c3da84fd-efe2-4487-accb-511a8104ee3e

Great factual posts by many that actually know what's happening, especially Panama & Dip! Thanks!

Sadly, some others seem to believe that posting positive facts about a company is 'ramping', but they've all clearly got an agenda!

Another reminder, as if we needed it, of knowing that we have one of the very best MD's in place to take this company forward, as we're within touching distance of first gold at Havieron.