Member Info for Valuefinder

....was the idiot selling at 1.01 yesterday?

Shame I bought a couple of weeks two early here. Will wait for any further drops before I buy again, hopefully I can get my average as close to 1p as possible.

Those at higher averages - these shares go wild when something of note happens so don’t despair. This will hit 4p and more this year.

Looking at the large sells today, not surprised this dropped. 3m sell (£52k) at 3.30, delayed for a while and showing a buy but no doubt it’s a sell. No biggie, price already reflects it and tomorrow is a new day. Wish I knew where the bottom is to add some more here.

Habari - I’m not saying we don’t have funds. Just pointing out that that RNS shouldn’t be taken as we “won’t raise funds” until end of 2019. Been around AIM long enough to take everything BODs say with a pinch of salt, particularly when it comes to funding. Ultimately it’s all about when they raise the money and what they do with the money they raise. If it adds value I’m all for it.

Habar - “adequate funding for CURRENT LEVEL of projected expenditure”. Key word is current level. Any increase in activity and voila, new funding needed. It depends whether we as holders want faster and more drilling or just plodding along at a few holes every six months. I personally wouldn’t mind them speeding up drilling, including BH, Scally, and making this more than one trick (one project) pony. As long as they don’t raise cash when this drops even further. They should have really raised money when we were at 2.40 in my view.

Habari - good luck with persuading people on that point. All I can say when I read this is, “oh dear”.

LB28 - only plebs call other people plebs. You sound desperate and ignorant about how things work

need to take a chill pill (Joe/lB28 et al). If you have a problem with how AIM works, then go to FTSE 100. Jeeez, so much whining

Enough cash for all of the 2019 work (excluding the warrants which may or may not have been exercised recently, which adds more cash). Will they raise more money? Unlikely, but they can always raise under the “need to accelerate our drilling” excuse.

Last night. Maybe this will bounce back today. Been holding off on adding here as every time I do it drops further (other shares), so maybe today might be the best day. Let’s see boys and girls. The further this drops, the quicker it’ll rise. Although if those warrants have been exercised, it might take a few days to clear. But then we will have more cash and no overhang

Redirons- 108m shares bought, same amount sold (give or take a few)

Are you in possession of any brain cells? Ridiculous troll. You should be reported and banned for your trolling

Morningsun - stop whinging and telling me what I said is nonsense. I know more about how the market works than most here, as I sit next to those you claim are robbing you of your hard earned profits. So give me a break, the SP won't go down when buys outweigh sells (not that that actually makes sense, as buy/sell ration is 1 or extremely close to 1). What some don't get is that it's not the ratio, but who is driving the market....if you have a book which has huge demand from sellers, you'd lower the price, and vice versa.

Also, why doesn't anyone say the SP is going up on huge selling pressure....if you can explain that one, then I will believe the "huge buying but SP going down rubbish"

All this talk about relentless buying and the sort, it’s just rubbish. It’s simple. The sellers are driving the SP down, there may well be buyers at various prices, but it’s the sellers who’re driving the SP. Of course there will be buyers at whatever price, they’re needed to fulfil the sells, but from the market makers perspective, if you wanted to sell, you’ll have to take a discount on this negative sentiment period, and they’ll attract buyers with discounts (lower price). It’s as simple as it gets, and there are no games being played, pure supply and demand.

This was expected anyway, so people getting stressed out about it haven’t thought this through. Let’s hope is a temporary volatility and sp stabilises above 2p

Is accelerated drilling and a JORC resource. Only then we will know the true extent of what we have. Until then, plenty of speculation (high risk/high return). They’ve done a great job so far. Just need to continue finding those grades and understanding the extent of the resource

Mickey - hard to say what’s SP will do this week. I personally expect a slight drop (prob not below the lowest point of today - approx 1.93ish). If I am honest, I don’t think this will reach the recent highs (2.4/2.45) for a few weeks, based ok expected newsflow. It’s a bit annoying as most people can’t wait 3/4 days let alone 3/4 weeks, or months.

My view is, keep some dry powder just in case it goes a bit further down. I could have topped up today, but honestly I thought this may tumble further. Didn’t want to add good money to a dropping SP. May well add at some point.

News - results were part misunderstood, part short term view. IMO

There will be a lot of games and trading done in the next few days, so good time to add.

Is based on people’s expectations. The only thing which would have had this go up significantly is hole 9, at a minimum, showing better assay results. While overall the results were good, it wasn’t quite the bonanza grades some expected (even though most don’t understand that sometimes you’ll even have drills with no positive results to actually show how far and wife the mineralisation stretched.

So today’s results, in my view, are only good for those with better understanding of mining companies. I am in here but I see this being rocky for a few days and possibly, very possibly, a slight drop before it recovers as people with more knowledge understand the significant of these results.

Gl all

Which is excellent. My only minor concern now is what the immediate price drivers are? I guess the drilling campaign in March/April should put a wee rocket up this little bast8ard of a share. It’s ok GGP, I still love you, even though you caused me momentary pain today. Onwards and upwards boys, hopefully anyway.

RTC - you may be right. I thought that was prob what pulled the SP down. Timing didn't quite work for a buy, but I may be totally wrong

the little sh&t selling that 6m (£125k) earlier? I bet you it's one of those folks going on about how much they have invested here...and boasting about their holding