Member Info for Valuefinder

"If you can't buy then nor can any supposed forward sellers in which case SP will have to go much higher.".... You can't make this stuff up. So fwd sellers need to "buy" today do they? Oh dear!

Fwd selling - someone who sells shares today with the view that they can buy back later cheaper (or they expect a placing at a cheaper SP). Jesus, that's why AIM is like a casino....

Spewing out same old c7ap. Get a life!!

GG - you deserve all the comments you have got back from all. Put your money where your mouth is,
Otherwise shush!
Betrayed - go and finish your GCSEs.

The most awful bb on LSE,

Hey_Arnold - you never ever block the village idiot. It'd be so boring without him, no?

Betrayed - what shall I do now? Wait for 36? Or sell now buy back cheaper later?

Bobby - or we turn up to the party with champagne and caviar when everyone is smashed on cheap beer. It feels like that here I must say. Well, someone will be left holding the baby, the hype couldn’t continue forever. It was good while it lasted

Oh thank you Betrayed. You must be really good at this. I can’t wait to watch the master at work...

Ftse up 2.5%, oil flat at $39.9, so a smidgen under $40. Hopefully this sees 37/38p today :) Based on nothing but wishful thinking

Mercedes - does it say in the UBS note that the 14% uplift in market cap of NCM is based on Haverion value?

Punit - because your questions doesn't make sense. Buys will ALWAYS equal sells. ALWAYS. Just don't get why anyone would think there would be more buys than sells, or vice versa? If there are more buys, where would the shares come from to full them (assuming like you said, there are fewer sells)? The concept is nonsensical.
Market works on "buying pressure vs selling pressure", i.e. who is willing to buy/sell at current market prices. If more people are willing to sell, than buy at these levels, MMs will drop prices to entice people to buy so they can fulfill the sells. Same happens when more people are willing to buy than sell, MMS will raise prices to entice people to sell so they can fulfill the buys.

Ultimately, the MMs will raise or drop the price based on willingness of people to buy/sell at those levels. There are more people willing to sell at these levels than there are buyers, but there will never be more buys than sells (short term maybe MM's increase their inventory, but they wouldn't want to hold any inventory if they an help it). LSE buy vs sells is USELESS as it's 15 min delayed. Also, you don't see all trades as some are delayed.

Copper is a good point though. That can add significantly to GGPs value.

Takingmytime - $400 per oz on the ground? Highly unlikely. I don’t believe anyone has ever paid that much for any gold.

By the way - the acquisitions generally happen for producing mines, so your point of “this WILL be mined” is irrelevant.

Also, how did you get AISC of $800? I’m sure many have calculated this to be between $1000 and $1250

Investor - one case doesn’t make a trend. I do not see GGP accepting any ridiculous low ball offer, so downside here is minimal, i

Anton - seriously? Which planet do you come from? What a ridiculous comment!

Ghandi - Is this better.... ?

GGP will be worth £2 by Christmas!!!! How is that? I call your 70p and raise it to £2p

*apex - approx

Investor - the £900m is the "optimistic" scenario, based on a $200 per oz for gold in the ground (rather than a producer, with known JORG reserves). But yes, back of fag packet calculations, using historical M&As, difficult to see how and why Newcrest or others would pay much more than $200 per oz. That makes our 30% worth approx £900m if the resource is 20m oz. Again, as of now these figures are estimates and if the overall resource is lower then adjustments need to be made.

Obviously companies pay a premium if they feel owning the whole resource is a strategic advantage (would Newcrest want a major sharing Hav with them? Unlikely). But how much is that strategic value worth?

All IMO, and I most certainly d not have the deep knowledge of some others here. I for one am hoping for apex 20 (18 would do).

which means more and more testing (good testing) will be needed. I would hate a second wave, I can't take another lockdown, but at least my bets are hedged with GDR

Possible second wave in China...which I am sure you have all read, but just in case
https://www.bbc.co.uk/news/world-asia-china-53034924

Investor 81 - I am with you on his. Talk of 25/30p or even 40/50p is not very realistic.

Simple calcs using even a higher than average price of $200 per oz and a very high resource of 20m oz, would only give you approx £900m for haverion. Which is approx double of current mkt cap. Personally I doubt ggp will go above 20p on Hav alone, but who knows, excitement and hype, or maybe super exceptional results (more than 20m oz) may take it higher.

I am long here, and have been in for a while. My target price (if I can get it) is 18p. If this goes to 40p, then I couldn’t be happier for all invested here. A great board with some great and knowledgable individuals. However, a bit of realism is needed here, and GGP has made a great many very wealthy (wish I was one of them... although profit is profit so can’t complain, even if that is just paper profit for now).

Gl all

decent holding Didso. I also just added another 38k shares just now at 5.435p. Holding back some funds to double my overall holding if need be.

everyone here talks about "when news drops" etc, but no one seems to say what news they are expecting. Is it because most don't know anything about this company? Hmmmmm, I wonder