Member Info for TimberTrader

Why don't you believe it could be sustainable? Do you really believe that it will remain around par up until either the upgraded MRE, or 5% option are released? No, IMHO, a sustained rise will occur before, not at that specific time. Everyone knows where this is going, so why wait for the actual release of the data, and potentially miss the boat?

As expected, initial drop to take into account the after close rise yesterday.

ii already bid 14.59p, so should rise shortly...

Updated Greatland Gold 'Deep Dive' on Proactive...

https://www.proactiveinvestors.com.au/companies/news/904196/greatland-gold-in-demand-as-drilling-at-havieron-confirms-world-class-potential-904196.html

Yup, it's been another of those classic two steps forwards, one step back & repeat days for the sp. Let's hope for general advance, over the next 1-2 weeks but sustained too!

Cheers Dip! TT

Willem Middelkoop shares and update on the evolution of Discovery Investing. From championing early-stage precious metals companies in the last mining boom bust cycle, to a metal agnostic strategy finding and holding positions in the top 100 best discoveries worldwide.

With 68 buyouts of portfolio companies in the last 12 years, and a database of drill hole results spanning all major mining discoveries, Willem’s team have a track record of identifying discoveries that go on to become development stage projects.

We consider the big monetary reset which is upon us and how investors should think about gold, metals projects, digital assets and new forms of private money collectively.

Willem explains why mining company valuations are relatively low despite record metals prices last year and shares the good zinc companies to watch and a bullish sentiment for nickel, copper and silver.

Website: en.cdfund.com

Timestamps:
00:00 - Intro
01:02 - Why Discovery Investing?
04:22 - Early phase of a bull market
07:08 - Finding the top 100 best discoveries worldwide
09:18 - We are in the big reset now – Gold, metals, digital assets, private money
15:37 - Mining funds not just a counter cyclical hedge – it’s a way to make money
16:38 - Success stories from the fund
18:38 - Finding good investments during higher metals prices
22:33 - Zinc and Silver projects, unloved with great potential to run
23:41 - Australia’s appeal for new discoveries 2021’s Discovery Award

Guest:
Willem Middelkoop, Chairman, Commodity Discovery Fund

"It's 99% certain that the Greatland stake (in Havieron) will be bought out by Newcrest, or somebody else" (20:50/23:56)

https://www.youtube.com/watch?app=desktop&v=Kg8RauIPSaE

"Havieron just keeps delivering..The more you drill, the more value you create, the more mineralisation you identify"

“My mom always said that the GGP share price was like a box of chocolates. You never know what you're gonna get.”

Sure, i generally agree, but I see it slightly differently. For example, depending on the difference in each parties FMV, it could possibly be agreed between the two parties that, say, an average is taken, rather than going to 'arbitration'.

As always, only time will tell, but, like everyone else, I just hope that it'll end up being an amicable settlement, however it's eventually done.

Basically there could be a contractual change at any time, if agreed by BOTH parties, right up to the exercise (or not) of the option, after the 30 day term.

Hi Welsh. As we all know, this 5% option is an existing contract between the two parties, set up as a part of the J/V. Therefore there is nothing preventing any later change in the terms & conditions of the 5% option contract, provided, of course, BOTH parties agree to those change(s).

Don't forget that the terms of the original J/V were changed In November 2020, in order to incorporate ongoing growth drilling activities, when BOTH parties agreed a structure that allowed Newcrest to deliver the Pre-Feasibility Study in Stage 4.

PS. There is also a very strong possibility that the Havieron upgraded MRE will hit on the same Thursday.

Hi spoton. It certainly hasn't been every time after results, and we did get one last time.

Also, there is an upcoming Proactive One2One Investor Forum in a couple of weeks on the 17 February.

https://www.proactiveinvestors.co.uk/register/event_details/382

Over 3 years ago now, and it's interesting how important Gervaise Heddle stresses that copper is. Over 3 years ago! Sice then he stressed many times, "..Don't forget the copper", or similar words! So true! Even more now! DYOR

@ Bamps "I’m still hoping the corridor will extend under Lake Havieron might be too much to hope for.
Zipa according to Artemis drawings should have the same geology as Apollo pad 1 or their 006 which is assay, this geology carries on through into Scallywag which why personally I want it to be successful."

I'm sure we all agree on that Bamps, but also, IMHO, when it comes to Havieron, and what truly amazing results we've already seen so far, I don't believe that anything is too much to hope for going forwards too! GLA

Gervaise Heddle, chief executive of Greatland Gold PLC (LON:GGP), discusses with Proactive London's Andrew Scott what he's described as 'exceptional' laboratory assay results from their first drill hole (HAD005) of the current campaign at the 100%-owned Havieron licence in the Paterson region of Western Australia.

A standout result in particular was 118m at 5.75g/t gold equivalent.

Heddle says the results significantly extend the known 'world-class' mineralisation established in their first drilling campaign.

https://www.youtube.com/watch?v=8-A6fFYW5Cg

"Very significant...Spectacular results...Truly a world class intersection...High grade gold & copper...Multiple high grade intervals...Particularly encouraged about copper...Very significant copper..." Gervaise Heddle

Of course it's 'extracting the urine'!

What's more, if anyone was in any doubt now, that certain parties are attempting to 'extract the urine' out of you as a shareholder, you maybe need to rethink...Have a great weekend! Next week could be very different, IMHO!

@ Redtrader "It would be nice to see it speeding up. The speed of decline has a big affect on the SP."

I'm sorry, but when has the speed been anything, even remotely, to do with the current sp?

Where on earth did you get even get a figure of 5/6 years before reaching the top of the ore body?

Am I missing something here, or am I suddenly, for no good reason, in Havieron Cloud Cuckoo land?

Sorry Magnum, but I just don't see it. I'll be more than happy to proved wrong, but, any such action now would be completely and utterly outside of their corporate governance.

Sure, only time will tell, as always, but IMHO, and with respect, it's quite frankly nonsense.

@ notrader Indeed, it's total nonsense, IMHO!

Newcrest Mining are signed up to just about every corporate governance available!

https://www.newcrest.com/about-newcrest/corporate-governance