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Sensible post Schlemiel....
Ive been in here 3 years....and that breakout from 2.6 and then 4p were hugely significant in my opinion.
Purely from a chart perspective the 4p was a decade long resistance level, a breakout above that and then a retrace back to 4p is natural as far as im concerned, a share needs time to breathe.
Obviously as well as all that the fundamentals are EXTREMELY positive, im sure NC know more than they are letting on.
It's quite funny seeing them balance between giving their share holders the nod that things are great at HAV which will save Telfer (SB has already said they were thinking of closing it a year ago....)...and then not trying to tell everyone else they have a monster find which may complicate things with Newmont-Rio possibly looking at GGP.
The curve ball could be Scally or PRE....imagine if one of those came in!
The sp then with HAV being 15 mill ounces, (20p ish a share) plus another hit...?
Interesting times.
VC
Only one question we need to answer lads..
Where is the 20p party going to be?..?
Longtermers…
It appears right on cue we have the frantic ramblings of short term traders trying to provoke fear and misery this last few days.
I just don't read it all any more. The bottom line is in 6 months this will be far far higher due to more knowledge after drilling. Simple as that, all this faffing on the board is tiresome unless youre a day or week trader.
If ever EUR gets out of suspension im putting my from there in here and I really don't care at that time if its up or down 15% on that particular day. ...Its going to be huge end of the year.
Corfu for Christmas boys, Corfu for Christmas...
Jersey...im thinking of going over there myself with a shovel...someone MUST want that!
Maybe be will announce another hole to be drilled at Warrentinna..;)
Paddy
Seems like lots of people who bought into this at around 5 are getting stressed....
Everyone chill out if youre a serious investor, it will be double this over the summer when its close to disclosure.
For those who just wanted a quick 20%, will just have to wait a bit.
Eyes on the prize chaps------20 million ounces and a shed load of holes in Scally!
Hi Sir Paddy
'Sandeep was talking about 6-9 months to MRE back at the full-year results & at the Denver gold forum'
That was in Sept and im sure he said at that time 9-12 months for a MRE, then GH said beginning of January this year its between 6-9 months away...both inferring it could be earliest June this year to Sept..
If its later in the year I think you may be right, could be just be getting to grips at just how big this is!
PS. Our friend Reddirt initially said 20 MIlls ounces a couple of months ago......my money is on that!
Sell the news guys...and the news was VERY GOOD!
No drama here, people selling as its assumed there will be no news for some time, all the shorters and traders taking profits.
For us long termers (over 3 years for me) its all looking very good.
As I say though, GH and SB said last Oct and early Jan that an MRE could be as early as June. However, as SB said last night they 'continue to expand the extent of mineralisation………...'. This infers the step outs are still finding the good stuff! So may take quite a while to identify the limits of the system.
Im looking for a bit of assertiveness from GH now, before all the Hav excitement the board did have a tendency to faff a bit and take their time sending out drill plans ect..
They have momentum, medium and long term security of the company surely sorted.
They have had ages to plan and decide where they want to drill Scally and PRE.
Lets hope they don't do a Black Hills and pick the wrong areas!
If its just 5 holes in Scally and see what happens I think that will be a missed opportunity. Like I say, they have a history of taking their time and faffing a bit, although im aware that is partly due to funding ect.
Surely wouldn't be an issue now?
20 P PARTY....;)
Ok Greatlanders...........where's best for everyone? I'll book the strippers.....
JP Morgan guy badgering him about Hav!!….lol....loved that
SB is playing it cool..;)
'continue to expand the extent of mineralisation......'' …..and we are in the middle of feb. They are obviously finding more and more mineralisation…!
Also, did he say plan to start mining by the end of 2020?...…...…….
VC
Oi Pidlan….! Shwmae
I thought you said last week this share has made your mate a millionaire?
...and you've definitely not got more than 1..;)
20 p Party...….Speaking of wine Paddy, where are we having this 20p party!?
What part of the world is everyone in? we will have to pick somewhere in the middle!..;)
Tough balancing act for Newcrest....they have to keep up the positive vibe on Hav...without jumping up and down.
They dont want to tell everyone it may be a 20 mill + find, Rio....or Newmont may well pounce.
Hi Chippy
He's probably just embarrassed that he only put two bloody holes in! what was the point if no matter how good they were (and they are crackers…) no one was interested..Could of used the cash to put a couple in Scally early Dec.....
Yeah, i know where youre coming from Arnie....I put a couple of k in when it jumped to 3p...but a little worried.
Have 90% of my wedge in here though, been in here since the Newmont fiasco so its utter bliss seeing this come good.
Im definitely thinking its a 10 mill cert, but fingers crossed for more.
Reddirt says 20 mil or more and he's my man, he's never been wrong so im staying put....
Apples......I see you are in Eurasia Mining too?
What is your take on the suspension? Im hoping it gaps up as I want to sell and buy more Greatland..!
VC
I mean SVE
Ive put a small wedge in SVL too Jerry...im unsure when to take that out as il only buy more shares in greatland with it.
Will there be a time when it wont play catch up do you think?