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What don't you get exactly? Whoever wrote the piece is totally irrelevant. It's about a 52 week share price technical indicator, which is used by many investors. Who's thick now? ;-)

The author is talking about a 1 year (52-week high) high, the highest price at which a share has traded during that time period, which is viewed as just one particular technical indicator. He's not discussing anythng more, even if it's the case.

"MrEMC2. Most of us.....Most are sat on big profits."
Just interested to know why you believe that? What are "big profits" anyway? :-)

Does it really matter much? :-) Whether it's 22:00 BST tonight, or 02:00 BST tomorrow morning, you can't change anything you decide to do in AIM trading, after 16:30 BST today, or before 08:00 BST tomorrow, anyway! :-)

As I am, but I've hedged my bets in the past week, selling 40% at around 8.9p average, and holding 60%, probably, but not by any means 100% decided yet, for the MRE. A lot can happen going forward, so nothing is carved in stone! :-)

Good post John! Spot on, IMHO! :-)

Excuse my ignorance, but who is the OP?

Regardless, even if there is "good news" in the March Quarterly Results due tonight, UK time, how much of that "good news" has already been factored into the GGP sp with all of the 'hype' we've seen over the past few weeks?

IMHO, a significan part has, if not more. :-)

Roll on tomorrow and it'll be interesting to see what actually happens for us all.

GLA!

Some light reading from our leader now that the market has closed!

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

Now available online: www.globalminingreview.com (Page 14)

IMHO, we're a long way from any J/V at Scally. The most likely scenario going forward would be for the Scallywag test drills, ASAP after the COVID-19 lockdown, maybe Q2/Q3 (instead of planned Q1/Q2). That would be under current project funding, with cash flow being adequate, as reported in the last financial results, until around October with the addition of the later warranties input.

Further funding for extra drilling (based on positive test drill assay results, and which I also believe that GH would be in favour of, to add extra shareholder value) at Scallywag may well then be funded by the possible divestment of the likes of Fire Tower and/or Warrentinna around, say, Q3/Q4 this year.

Based on all that, obviously again assay results based, and it's only a guesstimate, I'd expect GGP to then go for another farm in type agreement with Newcrest at Scallywag (most likely, and taking up their first right of refusal option), or, alternatively, the possibility of a new J/V with someone else, taking place towards the end of 2020/early 2021.

Regarding the number of drilling rigs, back in February many of us were suggesting an increase at Havieron of, up to, maybe, 8 - 10 rigs, so 10 rigs now certainly wouldn't surprise me, especially after the heat of summer.

At that time, in a presentation, Sandeep stated that,

"The latest drilling results continue to expand the gold-copper mineralization at the Havieron Project"

"These results extend the mineral footprint and signal the very real potential for renewal of our asset portfolio in the Paterson Province. The grades we're seeing at Havieron are unique for this region and we're excited to progress in the accelerator evaluation of this opportunity."

"Finding gold is hard and rare, so to get these kinds of drilling results is really exciting."

"And the other piece as you say is how do we bring Havieron on as soon as we possibly can, now. It depends what sort of mining we're looking at. I mean if you're looking at the grades there, I mean, again we've got to do a lot more drilling, but if that becomes a potentially a high grade mine, you could bring that on sooner rather than later..."

ACCELERATE TO BRING IT ON! :-)

Well, GGP has today hit it's all time intraday sp high @ 5.91p, just 0.02p above it's previous all time intraday high of 5.89p back in February this year.

I know it doesn't seem that way
But maybe it's the perfect day
Even though the bills are piling
And maybe Lady Luck ain't smiling
But if we'd only open our eyes
We'd see the blessings in disguise
That all the rain clouds are fountains
Though our troubles seem like mountains
There's gold in them hills
There's gold in them hills
So don't lose heart
Give the day a chance to start
Every now and then life says
Where do you think you're going so fast
We're apt to think it cruel but sometimes
It's a case of cruel to be kind
And if we'd get up off our knees
Why then we'd see the forest for the trees
And we'd see the new sun rising
Over the hills on the horizon
There's gold in them hills
There's gold in them hills
So don't lose faith
Give the world a chance to say
A word or two, my friend
There's no telling how the day might end
And we'll never know until we see
That there's gold in them hills
There's gold in them hills
So don't lose heart
Give the day a chance to start
There's gold in them hills
There's gold in them hills

So it appears we are up to 8! :-)

No worries at all dutch, and I totally respect your honesty. We all have our own investment strategies and yours is, of course, your own choice and I have no issue with that, whatsoever. I'm sure you'll also agree though. that many people on this site and other sites, just can't accept that, and, like you, I just ignore their ignorance. Good luck in all you do! :-)

dutch, TBH, any of my own previous investment % rules went out of the window when I first saw the potential of GGP back in 2018, and made my first investment on the 31st January in that year at 0.69p. I've continued to buy on the dips, usually combined with chat trolls telling me how pointless and stupid that that was at the time. My average now is around 1.4p. I'm overbought, in my usual terms for one share, but that comes from one of the strongest beliefs in any one company that I've had for several decades of investing. I have no interest, whatsoever, in second guessing the market, and I'm more than happy to sit on my shareholding long term. It's served me very well to date anyway, and IMHO, we ain't seen nothing yet! :-) DYOR

It's my understanding that drilling at Winu is ongoing with 8 diamond rigs and 3 RC rigs. They have also, I believe, built a gravel airstip.

IMHO, I'd expect Newcrest to increase the Havieron drill rig count to 8+ over the next couple of months.

As for an airstrip, that would be the icing on the cake to me, proving how vital Havieron is to Newcrest in extending the life of the Telfer facility! DYOR

Schlemiel, IMHO it's certainly a "serious and general afffirmation of the prospects of GGP", which I agree with, but, IMHO, it's not through any particular knowledge that's better than "us lot". Quite frankly, they really don't know any more than "us lot".

Yet again, as is often the case with brokers, all of their views and comments are based on information that's already in the public domain and is often late to the market. You only have to do your own research to find all of this information pretty easily online nowadays. They aren't anything special, but attempt, from their city 'ivory towers, to make you think that they are, and charge massive fees for the same. :-)

It does sum things up reasonably well, but with nothing new over and above what most of us know already, and have for some time. They also miss out some important factors.

Just a bit of fun, as it's so quiet...

During March/April do you think that Newcrest will increase the number of drill rigs operating at Havieron, and by how many? Currently there are 6 rigs operating.

IMHO they'll increase to 8 rigs during March/April.