The gold is there26 Mar 2024 16:52
I’m fairly new to investment. And a fairly modest investor with little to lose, but no matter how big an investment or how low the SP - I wouldn’t sell my holding. I don’t know much about gold mining, but gold is not the only commodity in the mine and one way or another it’s going to be mined.
I hope 100% is acquired and we all eventually profit greatly, but that’s a long way off.
The other scenario, as I see it, is an offer to acquire GGP which a majority of shareholders would find too difficult to refuse, which should mean a profit for most.
My preference is to hold for the long run, however long that takes. I rely on Bamps and others with knowledge to advise those keeping the faith, and I largely ignore those who can’t see further than the current share price.
I did my own research and wouldn’t dream of trying to influence others, just my tuppence worth.
Good luck to all long term holders, holding for golden days.