Member Info for TimberTrader

Research still involves at least reading these things. Clearly others do. As I say, it's just making people aware, nothing more.

Agreed TMT! I only posted it to make people aware of the piece. Mickey, with respect, IMHO, you can't just ignore these pieces and bury your head in the sand. As a long term shareholder in GGP I want to read and research anything about the stock, even if it's maybe not always positive. I'm pleased to see the comments, all of which are useful. TT

Just making everyone aware of this piece. I'm sure the vast majority will ignore it's comments, as a few days ago they appeared to confuse Newcrest with Newmont! Anyway...

https://www.fool.co.uk/investing/2020/08/27/is-now-the-right-time-to-buy-the-greatland-gold-lse-ggp-share-price/

So, people want to buy? ;-)

Sorry, link here:

https://uk.finance.yahoo.com/news/love-investing-gold-tap-rising-084418057.html

Oh dear!!

Spot the obvious error!

"Greatland Gold is an AIM company. The business has been listed since 2006 but its mining is in Australia. It has relationships with big players such as Newmont, which could become very valuable in the future. Its projects are mainly early stage and so this is a more speculative way to invest in gold, in my opinion."

This is sadly yet another example of the yo-yo pieces from Motley Fool UK. I find that their Australia team are significantly better and have provided actual useful research information on GGP, including the likes of recent UBS broker ratings.

GLA & DYOR!

@ Jambo813

Nail on the head! I've been hearing this constantly, for many months now, on this and other BB's, from people who just don't understand what you rightly say, or are, quite often, just ramping PRIM. IMHO, if you can cut out the 'middle man' then that's surely the best course if you want GGP stock! GLA

Yes, as mentioned yesterday, it's been unusually easy to cover 1M+ dummy sales for the past few days trading. It just feels like someone is slowly, steadily, accumulating volume.

The year to date has been a challenging one. In these unprecedented times, the effects of COVID-19 are still reverberating around the globe and the long-term effects on the economies of the world are still unclear. Against this backdrop, Primorus has made substantial progress in both "mark to market" value of our quoted investments, our core unlisted portfolio and, in some investments, realised gains as reflected in these accounts. Some time ago and pre-COVID-19, the Company chose to take substantial exposure to gold via its investment portfolio. This strategy has been handsomely rewarded with exceptional growth in the "mark to market" value of our primary listed investment, Greatland Gold PLC (AIM: GGP). During the period we have seen a continued surge in the USD$ gold price and also in values of many of the large technology companies, as global consumer and work practices react and evolve to the changing social and business environment.

http://irservices.netbuilder.com/ir/primorous/newsArticle.php?ST=PRIM&id=311428203963320706

Indeed, a strange couple of trading days. At ii I've had no problem with 1M dummy sales over the past 2 days being covered, which is rare. Also, ii have offered above the indicated sell levels consistently. Right now I'm being offered 14p to sell, but market showing as 13.8p. Just a bit unusual, that's all...

In the lead up to its upcoming maiden drilling campaign, ScandiVanadium Limited (ASX:SVD) has commenced a high-resolution helicopter electro-magnetic (HEM) survey over the company’s 100% owned Pascalle Gold Project.

The Pascalle Gold Project is located in the heart of the Paterson Province in Western Australia, one of the most sought-after exploration districts in the state.

Renewed exploration in the region has resulted in some major discoveries in recent years including Greatland Gold’s (AIM: GGP) Havieron discovery, Rio Tinto’s Winu discovery, alongside Newcrest Mining’s (ASX:NCM) 32Moz Telfer Mine and processing plant.

Based on the early work to date, SVD’s Pascalle Gold Project looks highly prospective for Telfer, Havieron and Winu style gold-copper deposits.

The recent discoveries by Rio Tinto at Winu and Greatland Gold at Havieron have demonstrated the importance of geophysical surveys in aiding discovery of tier one gold copper prospects in the region — SVD is now following the same process...

....The Pascalle Project sits between Newcrest’s 32Moz Telfer Mine and processing plant, 20 kilometres to the west, and Greatland’s Havieron discovery, located 14 kilometres east.

Havieron has consistently delivered spectacular drill results including 275m at 4.8g/t gold and 0.6% copper.

Here you can see a recent Airborne ElectroMagnetic survey at Greatland Gold’s nearby landholding: < IMAGE > ...

https://finfeed.com/small-caps/mining/svd-hit-ground-running-commencing-hem-geophysical-survey/

I've done several 1M dummy sales all day on ii and 100% have offered a firm price. That's rare!

Investors are expecting a flurry of mergers and acquisitions among cashed-up Australian gold companies as higher gold prices fuel takeover activity in the buoyant sector.

“Gold companies are experiencing a ‘perfect paradise’ with a high gold price and low energy prices, so they are generating huge amounts of cash,” gold sector expert Simon Popple, managing director and author of the Brookville Capital Intelligence Report, said...

...Analysts are looking for possible synergies to unlock further value in the Australian gold sector.

They point to the attraction of a having a single owner for Kalgoorlie’s Super Pit in WA.

Currently operated under a 50:50 joint venture, between Northern Star Resources and Saracen, some analysts see value in having a single operator for the mine.

A single owner would streamline operations and reduce costs, they said...

...ASX gold companies with Australian mines are seen as having a higher intrinsic value.

“There is probably a premium for Australian, Canadian and US gold assets, because the market views these as safer jurisdictions (so less chance of nationalisation),”...

https://stockhead.com.au/resources/gold-sector-becomes-target-for-ma-activity-on-higher-gold-price/

Thank you for your post mushroomkid. So, what 'forecast' do you believe is currently factored in to the GGP sp with regards to future Scallywag drill results? IMHO, pretty much nothing. It's currently, largely, almost entirely, based on facts about Havieron.

Until we get some actual drill results from Scallywag, or, indeed, the likes of Paterson Range East and/or Black Hills, then it will have little effect, if any. IF we get some positive drill results, then the sp could go significantly higher.

Appreciate your thoughts Paddy. TT

Fair call Chester. I have no issue with that at all. I'm just saying that, as a long term investor in GGP, until we ACTUALLY get some drill results, the constant, numerous posts, about what's POSSIBLE, IF we ACTUALLY hit some valuable mineralisation at Scallywag is largely pointless.

I've understood from recent comments from GH that it would be just one rig, at least initially. I'm more than happy to be proved wrong.

Could, would, shoud! All nice words, but, until we actually get some drill results, they are, IMHO, largely pointless. GLA

If they do, then initially at least, hopefully, it'll be thrown away in disgust, with cheap wrapper paper flying everywhere, just like from a petulant child, who hasn't received anywhere near what they expected from Santa!

However, in this case, it will probably be similar, probably well below what we want, and what it's worth!

That's where I have, and have always had, the utmost faith in GH and the other GGP BOD's to get the maximum benefit for the shareholder's!

As usual, only time will tell, but I have more faith in these guys, and their experience, than most BOD's in AIM, or indeed many other companies.