Member Info for TimberTrader

OK, just one possibility, IMHO, and only time will tell....

The Havieron MRE, as GH has now clearly stated, is INITIAL!!

I believe that GH is now managing expectations for the MRE.

Knowing GH's PR style over the years, as many of us do, I don't think it could be much clearer, IMHO.

I continue to believe that many people may well be disappointed if they don't understand & appreciate how the MRE is quantified (ie. INITIAL resource).

Further to that, I believe that maybe, just maybe, the Scallywag assays are being held, for the full set, to counteract any MRE dissapointment.

This is purely my personal view, and, as always, only time will tell... TT

If, if, if...

Like any other long term GGP shareholder I'm waiting for the latest results, but I'm personally not getting ahead of the game.

Why would you?

It'll come when it comes, and not before.

IMHO, it's pointless speculating, because we can all guess, to eternity....It means nothing!

GLA

David Rosenberg, chief economist and strategist at Rosenberg Research & Associates, has spent a lifetime analyzing trends and identifying future shifts in the global economy and financial markets.

But even the celebrated economist is a little confounded by the scale and nature of the current global economic crisis and acknowledges it’s hard for many investors to chart a clear path forward.

“In a world where Greek bonds trade at a discount to treasuries, in a world when central banks are buying junk bonds, I don’t even know how you can even talk about an appropriate asset mix,” he said during an hour-long conversation with Anthony Vaccaro, publisher of the Northern Miner, at the group’s Global Mining Symposium.

One thing is certain, however. In a world where the supply of global fiat money is growing at a 20-25% annual rate and the production of gold globally is going up at a 1% annual rate, he said, the precious metal is going into a secular bull market and investors must own it....

https://www.northernminer.com/global-mining-symposium/economist-david-rosenberg-reflects-on-how-a-mad-mad-world-is-driving-a-gold-bull-market/1003824921/

TBH Tom I don't see why any discussion would give any more confidence to investors.

Why do you believe that the numerous views we've seen for many weeks about Scallywag will ultimately mean anything. The assays will come, eventually.

Unlike a lot of people I've always believed that the Scallywag drill assays would come as a full set, and, in that case, it could well be a few weeks yet, when you take into account the previous 6-8 weeks from drill to result returns, but now delayed further due to demand.

It is what it is, and constantly commenting on it, from many here, will not change anything.

Good luck all and only time will tell!

TT

"I've been building a small, but solidly diversified, portfolio for several years now but I simply lack the bulk capital to make large returns (and I point blank refuse, under any circumstances, to go into any form of debt in order to invest; that way lies ruin). In addition to a lack of capital, I think also I haven't seen huge returns as I've always gone for safer, de-risked investments (hence my late arrival at GGP)..."

Well, good luck! For someone that allegedly can't understand why others would be able to afford to top-up with thousands, or..blithely talk about purchasing large amounts of gold Britannias, you clearly have some knowledge about investment, for your first post!

Sorry, I meant @ wasred.

@ lash01 I was thinking exactly the same, and pleased to hear that others noticed too! Best I can remember! TT

Shareholder voting 'papers' now available on ii (and I assume other platforms):

1 TO RECEIVE THE REPORT OF THE DIRECTORS AND THE AUDITED FINANCIAL STATEMENTS OF THE COMPANY FOR THE YEAR ENDED 30 JUNE 2020

2 TO RE-ELECT AS A DIRECTOR CLIVE LATCHAM

3 TO RE-APPOINT PKF LITTLEJOHN LLP AS AUDITORS OF THE COMPANY AND TO AUTHORISE THE DIRECTORS TO DETERMINE THEIR REMUNERATION

4 TO AUTHORISE THE DIRECTORS TO ALLOT RELEVANT SECURITIES UP TO A MAXIMUM AGGREGATE NOMINAL VALUE OF GBP 750,000

5 TO DIS-APPLY PRE-EMPTION RIGHTS UP TO A MAXIMUM AGGREGATE NOMINAL VALUE OF GBP 750,000

https://www.thormining.com/sites/thormining/media/pdf/asx-announcements/20201110-appendix-2a.pdf

Sebastian Bowen makes a very important point about the All-In Sustaining Cost (AISC) for miners and the gold price.

Indeed! There are a whole load of people who have shown their true colours on this forum in the last 24 hours and who, maybe, just need to look in the mirror, to understand why most people on a Greatland Gold chat forum just can't be arsed with their political views, unless directly related to Greatland Gold. Last word on the matter! GLA

On Thursday, Greatland Gold PLC (LON:GGP) highlighted a transformational year in its final results, with the Havieron gold-copper deposit proving to be a “game changer” as a campaign led by operator Newcrest continued to unearth high-grade results. Newcrest has so far drilled some 100,000 metres at the project since May 2019. “A series of excellent drill results to date from Havieron have continued to extend the footprint of mineralisation, and an initial resource is on track to be delivered before the end of calendar 2020,” Greatland chairman Alex Borrelli said in the results statement. The pre-revenue company reported a £5.14mln loss for the twelve months ended June 30, 2020, and it finished the financial year with £6.02mln of cash and equivalents.

https://www.proactiveinvestors.co.uk/companies/news/933340/proactive-weekly-mining-highlights-arkle-resources-anglo-asian-mining-savannah-resources-trident-royalties-anglesey-mining--933340.html

@ DrAIMHigh Thank you!

@ JET47
I agree! Those real dangling corks do tend to stick in the throat! Mind you, there's nothing like a good OZ shiraz to force them down, IMHO! :-)

Dear DrAIMHigh,

First post and you've already, IMHO, attempted to ramp a couple of stocks. Why would anyone do that if they wanted some general advice?

Good luck, and, if I'm wrong, I'll eat my hat, and that's a promise!

BTW, this is the GGP forum, not an investement advice forum! GLA

The price of gold is soaring to new levels despite, or perhaps because of, the woes befalling the global economy, and pundits predict it will go higher yet, smashing all sorts of previous records. Will it, and just what makes this particular metal so special?

https://www.mining.com/the-future-for-gold-is-it-brighter-than-ever/

Sure, it's just as easy to trade if you want to stay up all night due to the Oz/UK time difference.

Yes, you'll pay the normal FX cost/fee margins, which are clearly another factor to take into account when you trade.

@ Hawkspear

IMHO, I doubt that they will win the Senate, but, as always, only time will tell..

I doubt if Biden will be much more, IMHO, than a Bi den too if he's finally voted in as President!

Unless I'm reading it wrongly, the Republicans will retain control of the Senate and Biden will be luck to push through much, if anything, on the Democrat agenda.

He will probably be the epitome of a lame duck President.

Greatland Gold (LSE:GGP) – an actively followed gold miner, this Australian miner has seen some excellent share price performance over the autumn months. Greatland Gold’s share price ran up from 14 to 27 between August and mid-September. Shares have come off a little since and there has been some recent profit taking, but the stock price is well above August levels. Newcrest is still drilling at Greatland’s Havieron deposit with some very positive results announced last week.

https://www.thearmchairtrader.com/five-gold-mining-stocks-we-like/