Member Info for TimberTrader

I've played this back several times over the past couple of years. It says a LOT, especially when he's questioned about ownership...AND... "I MAY NOT BE THE PERSON LEADING IT BY THE TIME WE GO FOR THE PRODUCTION"

It's just before the Newcrest J/V, but worth another listen, IMHO!

TT

https://www.youtube.com/watch?v=B0EnEUVWkfc

Yup, just got that offered on ii. Moving up!

With respect, that's not going to happen.

Some trader maybe put in the number of GGP shares that they NEEDED to buy this week, as an actual single 'buy' in error!

- ditto -

"Whos' buying?"

Probably the weekend de-rampers!

Definitely after shares. No problem getting offer from ii for 1M.

Indeed! GGP is definitely one company from what he calls a "Home Run" stock!

I just noticed that State Street Global Advisors are now showing as having taken a small stake in Greatland Gold.

Only 2,480,402 shares, but 'Every Little Helps' and more to come for sure! TT

Click on 'Buying'; Click on 'Institutions'

https://www.morningstar.com/stocks/xlon/ggp/ownership

@ OilMonkey

Yup, not much more to be said after that! Spot on! My initial investment was sub 1p and, basically, GH's comments beyond that, based on factual results, kept me in, and topping up all along!

Is there any reason to change that strategy, based on GH's comments, as one of the best CEO's I've known in my 45 years+ of investment, NO!

DYOR & GLA! TT

Another classic sensible & knowledgeable post amid so much rubbish! Thank you!

BTW 'Santa Scally Rally' is now trademarked! ;-) GLA TT

....Better known as a Santa Scally Rally!

Sorry, I couldn't resist!

Most people on this forum have been posting about the MRE for the past day or so, but have you forgotten what 100% owned jewels we could well have coming up?!

Seriously, we could well hear something mammoth before Christmas. If not, shortly thereafter.

GLA TT

As some of you know, UBS have, over many months now, been very positive about Newcrest Mining, stating that their growth plans had been underestimated by the market, mentioning, in particular, Havieron as a major part of that growth.

They have downgraded some miners, but have a 'BUY' rating for Newcrest Mining, again at least in part, based on that same growth:

ASX gold miners on the “buy” list

UBS’ other key picks in the sector are gold miners. Importantly, these ASX gold miners offer production growth, quality assets and strong free cash flows.

The gold stocks the broker is urging you to buy are the SSR Mining Inc CDI (ASX: SSR) share price, Newcrest Mining Ltd (ASX: NCM) share price and Saracen Mineral Holdings Limited (ASX: SAR) share price.

PS: This has nothing to do with Motley Fool views. In fact I've always found Motley Fool AUSTRALIA very useful for mining research, unlike the UK version, which, of course, many of us dislike. TT

https://www.fool.com.au/2020/12/11/ubs-just-downgraded-these-outperforming-asx-mining-stocks/

Newcrest Mining and Greatland Gold are confident that the encouraging mineral resource for the Havieron joint venture project in Western Australia will allow the partners to fast-track development of the operation.

Havieron boasts an initial inferred mineral resource estimate of 3.4 million ounces of gold and 160,000 tonnes of copper.

With Havieron’s 230-capacity camp nearing completion, box cut and decline work is expected to begin late 2020 or early 2021, subject to approvals....

https://www.australianmining.com.au/news/newcrest-greatland-to-fast-track-havieron-development/

Indeed! One of the most memorable company phrases this year, and I'm sure also in years to come, is "Open at Depth".

As Hannam & Partners state today:

"Significant Resource Expansion Potential Remains

Outside of the current resource shell, mineralisation still remains open in multiple directions with four target regions identified: (1) Breccia Zone and South East Crescent, (2) Northern Breccia, (3) North West Breccia and (4) the Eastern Breccia. With a significant part of the mineralisation footprint still not covered by the maiden resource, we still see significant potential for the resource to grow upon completion of further planned drilling. The 2021 drill campaign at Havieron will focus on both infill and step out drilling and thus the resource is highly likely to grow significantly in our view."

Berenberg head down, looking at feet!

Greatland Gold

This is another stock with momentum, as investors continue to see the potential of its Paterson exploration licences in north-western Australia.

Last year Greatland Gold (LSE:GGP) entered into a farm-in agreement with Newcrest Mining to explore and develop the Havieron gold-copper discovery. The site is close to Newcrest's Telfer mine, which has produced millions of ounces of gold but is nearing the end of its life.

Berenberg said that today's publication of figures showing an initial inferred resource of 4.2 million ounces on a gold equivalent basis made it more likely that Newcrest will elect to move forward with the development.

The AIM-traded shares have risen from below 2p to more than 33p, valuing the company at £1.3 billion, although they fell back 4.6p to 28.65p today. Berenberg said: “We believe that it is likely that the ultimate scale of the resource will be larger than we previously envisaged.”

https://www.ii.co.uk/analysis-commentary/shares-round-computacenter-ds-smith-ii514462

2020 in review: A mining bull market or just a recovery, with the best yet to come?
Proactive - 10th December 2020

2020 has been a year that most of us would like to forget, the global COVID-19 pandemic and associated enforced lock-downs created turmoil in global markets with the retail, tourism and hospitality sectors hardest hit.

Against the negative backdrop, the performance of the mining sector has been much hyped, with some commentators claiming 2020 has been a bull-market year for mining companies pointing to a slew of fundraises that demonstrate investors are returning to the sector....

...The bull market for mining companies hasn’t occurred in 2020, it is coming in 2021 and beyond and a range of companies are likely to benefit.

Large high-grade copper discoveries that are being advanced up the value chain are few and far between. SolGold plc (LON:SOLG)’s Cascabel Copper-Gold Deposit, located in Ecuador, and Sandfire Resources NL (ASX:SFR)’s Kalahari Copper Belt Project, located in Botswana, are two such projects well positioned to see substantial value uplift.

While recent gold discoveries such as Greatland Gold PLC's (LON:GGP) Havieron Project, located in Australia, IronRidge Resources' (LON:IRR) Zaranou Gold Project, located in Côte d'Ivoire, and more advanced projects such as AEX Gold Inc's (LON:AEX) (CVE:AEX) Nulunaq Gold Project, located in Greenland, could attract further interest from larger companies that need bolster their low reserve bases.

https://www.proactiveinvestors.co.uk/companies/news/936229/2020-in-review-a-mining-bull-market-or-just-a-recovery-with-the-best-yet-to-come-936229.html