Member Info for TimberTrader

Slàinte!

PS I meant to include this:
https://greatlandgold.com/wp-content/uploads/2019/03/HAV_Project-Area_Sub_blocks.jpg

Thank you paddy. Quick question if I may, and just following on from what I've asked in the past...Can you say in which of the NCM/GGP Havieron farm-in tenement blocks that these three drill holes fall? Are we looking at 1472t, or are we getting further out to the NW and the likes of 1472n? Thanks in advance!

Mainly on the coast, but not inland much, from what I understand. It shouldn't have any effect on the current projects.

Just very quickly, following on from my last post, and before I go and open a very nice bottle of Australian Shiraz, there is an interesting recent article by GH which reinforces the importance of the junior explorer today in the overall gold mining picture.

GLOBAL MINING REVIEW - MARCH/APRIL 2020
GERVAISE HEDDLE - GOLD: BACK IN THE FOLD
Gervaise Heddle, Greatland Gold PLC, Australia, discusses the tailwinds driving the global gold market and says the prospect of a 'production cliff' is once more putting exploration under the spotlight.

If you haven't read it, it's very interesting in this regard, or, if you haven't got time, just go to the conclusion at the end...

https://www.globalminingreview.com/special-reports/23042020/marchapril-issue-of-global-mining-review-available-online/

The view of GH on this subject has generally been one of whatever works best for the shareholders, and looking back at my research, he did state in February 2019, that "if it makes sense for shareholders Greatland can take it the whole way - exploration, development, feasibility to production." That said though, the general impression you get is that he'd prefer to be the explorer, and that that's where he can get best shareholder value.

Yes, the Newcrest Mining interims are probably due around that time period, but nothing is certain! As I've stated before though, IMHO, the next one's should be very significant, and, probably more so than the last March 2020 Quarterly Exploration Report.

What is an endgame price? Do you mean the highest sp that GGP will achieve?
When will that be?
Who knows?
It could well be within the next year, should Greatland Gold be taken over.
If that's not the case, then it could well happen several years from now, if Greatland remains an independent company.
I'm certainly not going to predict what is largely unpredictable at this time, as it will depend on a whole load of factors, some, or indeed many of which, we don't even know about today.

Maybe you've been reading ZeroHedge?

https://www.zerohedge.com/markets/why-retail-traders-are-facing-catastrophic-losses

Ahh! I found your quote! "There is a long, documented history of retail investors chasing a handful of story stocks and then getting burned,” said James Pillow, managing director at Moors & Cabot Inc. "We humans love a good narrative. I cannot imagine this time around ending any different.

Hi Equanimity
I personally have no issue with your OP, everyone is entitled to their viewpoint, which can be accepted, or ignored, or filtered by others, as they wish. There are always some bullies on this type of forum, but personally just ignore them!

However, your OP states that, "There is a long, documented history of retail investors chasing a handful of story stocks and then getting burned." as if it's some form of quotation. Can you maybe verify where that comes from, or was it something else entirely?

@Paddy
Indeed! One of the most significant Havieron reports to date, IMHO.

P.S. For anyone that's forgotten that particular interview, or hasn't seen it, it was a major one for GGP, inasmuch as it's other content is very interesting too, particularly where GH states, "if it makes sense for shareholders", GGP can take it "the whole way" - "exploration...development...feasibility...production", but this is still open to "opportunities and ideas" (eg. the likes of a joint venture/buyout).

We all know what happened just 5 weeks later! :-)

Proactive interview with GH 5th February 2019

https://www.youtube.com/watch?time_continue=6&v=B0EnEUVWkfc

- Drill holes are only "scratching the surface" of the system

- Potentially very significant system at depth - Down to 1,400m or more

Mining Capital's Alastair Ford discusses the continued strength of the gold price.

''Gold has been one of the big winners out of the coronavirus crisis ... everyone can see there's more money being printed because of the massive economic uncertainty and in the medium term President Trump is ramping up his anti China rhetoric''.

''Anybody with gold production or holding gold will be very happy''.

''Some of the more favoured explorers are enjoying their moment in the sun too - the likes of Greatland Gold (LON:GGP) and other nearby companies such as Artemis Resources (ASX:ARV)''.

https://www.youtube.com/watch?v=4DHQ1E-e1CY&feature=youtu.be

A 'tongue in cheek' question that's been troubling me from the excellent presentation - Did the 'Greenschist Facies Grade Metamorphism' occur when the area was inhabited by only herbivores? ;-)
Thanks again for the obvious time and effort spent on this! Timber

Many thanks magictrades. An excellent second presentation, and much appreciated!

IMHO the, around mid June interim, will be more important than the last report, which was only up to the end of March. The coming interim will be more significant, and will probably have a Proactive inteview with GH following it. What effect it will have is anyone's guess, but I believe it will be very positive for the sp. DYOR

Many thanks Paddy, as always!!

It's interesting to note that the NW stepout drilling was very evident several months back, and much commented on in various BB's, but then seemed to lose traction, but now is back in the agenda, for sure....All good IMHO!

It's interesting to note that, not much more than a few months ago, a million buy would be passed over as pretty much inconsequential. Now it appears to be major news! :-)