Member Info for woody2002

for example 10m ounces of gold can be around £400M Mcap in a deal @ $40 per ounce in the ground (average according to cipher research). the price in ground will vary depending on ease of extraction and logistics to site etc. obviously 10M is variable too its a lot of gold.

will rumours of a buyout add to the SP? don't know if we need tighter drill spacing to prove it up or if a major will want to get in early?

going by past experiences on AIM the SP will generally fall in-between news but these results are special going from the reaction of the industry and results I've seen in other investments. 6ish drills to come too. If IIs start getting involved we turn into a growth story. as I've said previously and been "attacked" for it this has been a traders share but fingers crossed that changes now. every pull back seems to have buyers loading up. time will tell who is buying and if that continues. nothing wrong with taking some profit.

Lawsy75 - multiply shares in issue (3,225.62m) by the potential share price

I wish lol.

possible by the end of the week? I wonder...

i can sell at the buy price for 600k shares atm :) they are still wanting shares!

id be happy with slow and steady upwards for a few weeks. wont criticise anyone for taking profits but investors are more likely to hold if its not all over the place, unless of course we did agree a JV/ buyout, can spike to 10p any day it wants

honestly wouldn't put that past a big Corp. but tbh I think with what we're seeing EG is too low grade and spread out too much to be economically viable. unless they find something with higher grades id forget about it when we're finding gold at other projects... aimo.

Rose (AIM: ROSE), the AIM quoted natural resources business, announces the grant of options over ordinary shares of 0.1p each in the Company ("Ordinary Shares") under the Company's existing employee share option schemes ("Options") on 6 April 2018. A total of 7,900,000 Options have been issued to various directors, employees and contractors of the Company.   The Options will vest in three equal annual tranches, on the first, second and third anniversary from the date of grant. Each Option is exercisable into one Ordinary Share and, once vested, can be exercised up until the tenth anniversary of the grant date. The Options are exercisable at a price of 3.5p per share, being a circa 56 per cent premium to the closing mid-market price of the Ordinary Shares on AIM on the last trading day prior to the grant

Those options are exerciseable at 3.5p, 12 months after they are awarded. The purchases on that date are at 2.5p and 2.35p. Completely different RNS

The spread moved immediately sell price jumped. Bet we see as much movement today now theres less sellers.

Imagine EG was as good as they thought!

Hopefully its a quick process to commercialisation from here.

I get the feeling there's something happening with shorts or something. We were steady for a while then traded in a range for a while now its a daily drop. MMs seem to be aiming for something imo. Target price before the spike?

ETTT this is normal to have these spikes witj trading etc. but I think the excitement is growing as we move away from 'potential' and look at having assets proven by assays. Might need to tighten the drills to see just what we have but the grades are exceptional atm

Looks like HAD005 lands right on the ground magnetic anomalie. I wonder if the rest is the same? https://greatlandgold.com/paterson/

The purchase I was on about was in April. Doesnt seem to mention anything like that. Seems to be bought at market prices...

Serious buys late in the day! Hopefully another positive day tomorrow

For info Eadie & Idiens both invested 18k and 20k. In April... Idiens at 2.5p Eadie at 2.35p