Member Info for TimberTrader

IMHO, we can discuss this ad infinitum, but Monday will, no doubt, indicate where we're going, short term at least.

I agree Spratt1982, there's every indication, based on the regular late trade/UT shenanigans, that we've seen for many, many months, that we'll certainly be up, from the ludicrous, no doubt manipulated, IMHO, Friday sp!

Discuss, of course, as you wish, but Monday will say shedloads!

GLA & DYOR!

...and then, not only one, but, based just on current indications from Shaun Day, probably, at least two bulk mining operations!

https://twitter.com/realtwittar/status/1537524450240888838?cxt=HHwWjICwoeyVsdYqAAAA

Many thanks froggzy, and Stuart Hinds, of course, for spotting it!

Of course they should have used it, whatever Newcreast may think! The Greatland Gold Havieron update was independently assessed by SRK Consulting and reported in compliance with JORC (2012) guidelines.

https://greatlandgold.com/wp-content/uploads/2022/03/20220303_GGP_Hav_Resource_Reserve_Update-with-images.pdf

PS. and Copper!

Has the gold gone away?

Answers on a postcard please!

@ sandgrounded Just some personal thoughts in reply to your post...

"We are told term sheets are sitting on the desk, but none have been concluded so far. It could be that we are waiting for the 5% fmv to be concluded, but where we are in this process is shrouded in mystery with no updates from either side."

And i wouldn't expect any either, These are corporate negotiations and why would you expect to be told anything until it's concluded?

"If the 5% is deadlocked shouldn’t we be pushing for arbitration and an independent valuation by now?"

How do you know that it hasn't already?

"The S.P. Is under pressure and unless we had drastic dilution, we couldn’t raise the money through a placing. ( this could be one reason Why our SP is being targeted?)"

Pure conjecture on your part.

"The 5% fmv is deadlocked. Newcrest appear to not want to meet our valuation and we are not prepared to accept their offer, despite a 20% range having been re-negotiated."

Pure conjecture on your part.

"This means we can’t pay back the loan to Newcrest at the moment. So I am asking myself, do we have a time limit on the loan? Does it need to be repaid soon? If not we are building up quite a lot of interest to be added. So does that help Newcrest?"

Maybe it does, maybe it doesn't.

As I said, I pretty much avoid most of the shorter dialogue. Sure, it's there! No doubt, whatsoever, but you still need to do research, IMHO!

My point though, has always been, that the current sp is so removed from reality, that it's now ludicrous, beyond any belief, whatsoever!

I don't really know what more to add, but people need to do their own research, as in any investment.

Ditto jf! Whether or not they have, and I posted my personal thoughts yesterday, I've been doing exactly the same! It's how I roll at times like this, where you know damn well where this is going!

As always though, DYOR!!

Something that maybe of interest, over & above the usual, and no doubt increasing, handbag fighting on a Friday, and into the weekend, which, let's be honest, is usually started by one, or two, regular, extremely arrogant, know it all's, that I personally now ignore...

Anyway, here it is, and VERY Greatland Gold related...

HAVIERON AND ON AND ON FOR NEWCREST

(A great tag line for us!!)

"The Havieron JV between Newcrest Mining and London-listed Greatland Gold continues to grow, with the gold/copper resource extending over at least 1 km of continuous mineralisation...."

https://www.sharecafe.com.au/2022/06/17/the-week-that-was-june-14-17-2022/

Artemis up 6.7%
Antipa up 2.8%
Newcrest up 3.5%

Also,

VanEck Gold Miners ETF up 1.9%
VanEck Junior Gold Miners up 0.7%

Of course GGP is a completely different matter...Let's see what today brings..

Yup, funny that! It's always the big trades that show up late! When did we ever see trades in the 10's or less show up as late!

Thanks Paddy! Let's not forget, and which I stress from time to time, Newcrest were drilling at Havieron well before Gervaise Heddle & Callum Baxter decided to do so, and drill deep! They gave up! If any miner just gave up on every drill assay that had no significant results, much can be missed. In fact many such drills give valuable further information to the geologists, as to where to place the next rigs..

ii offering 11.05p to buy your shares.

Yup, I agree Dip! The proving up of Havieron will continue for many years to come, IMHO! Every time we look at this it's getting bigger, and we're now looking at the high grade, plus, probably, at the least two zones of bulk mining possibilities! This in a VERY short timeline of Havieron exploration, in mining terms, so, let's get real here, even with those distinct probabilities, we're probably still only scratching the surface! I know, and I don't like the word, 'probability', but, quite frankly, anything is now possible, and increasingly positive, in that regard at Havieron, going forwards!

As always, DYOR!

Well, there you go...UP 5.3% @ 11p! GLA!

Same old fun! GGP suddenly now up nearly 4%!

Frankly, who know's where we're going?!

It's pretty much a lottery, with many players in the mix!

Long term, though, is completely different, IMHO!

Yes, from a big move down, so don't shoot the messenger, but:

POG up 1.3% @ $1835
VanEck Gold Miners & Juniors ETF's up around 3%

Who know's where it's going this time, but every little bit helps!

Well, I don't know about anyone else, but, although heavily overbought in GGP in my normal investment terms, I've been adding everything possible that I can over the past few weeks in the 10's! I started in GGP at 0.67p, and yes, I've clearly done very well. Nevertheless, in 45 years+ of investing, I like to think that I can spot something outstanding, and, currently, outstandingly cheap, in the extreme, in terms of sp! Yes, I'm filling my boots! That's how I roll in times like this, and, should it drop further, I frankly don't give a damn! I'm in it for the long run, and that's what you need with mining stock, no doubt, whatsoever! If you don't understand that, then, quite frankly, and brutally, you probably shouldn't be invested!

DYOR & GLA!

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