Dont really want to get embroiled in this but i would like to say that atleast bhargav has been completely open and transparent about his position. Not sure everyone else can say the same
I have 500,000 of these at 4p. Wish I bought them cheaper but not worried. I expect 10p plus before i have any inclination to sell some. My concern with AIM shares is dilution - this is not happening here. they have enough money and have more coming in from instalments. GLA.
I have to say, what a complete and utter rubbish company. It is now debt free, is mining gold at low cost, has another mine in the pipeline and has demonstrated excellent leadership in the last few years. Why on earth would anyone invest in this? this is heading to zero.
have to say i never make impulse buys based on rising shares, but this is an exception. I bought in at 6.7p, 100,000 in 2 blocks of 50,000. not worried at all. like I said, value this at 15p plus based on mcap etc.
this caught my eye today. have to say grades look decent and also note healthy bank balance. based on other companies, it feels like it should be at least 5 million mcap which equates to 15p??
I think it will blow in the next 10 days; could easily see 0.5p plus. not suggesting it will stay there but can see a spike. history normally repeats itself. GLA
1. should be debt free in the coming weeks. 2. profitable 3. producing Gold at a v competitive cost. 4. mine still has years. 5. exploring potentially viable sites. 6. gold is going up. What not to like? To me it feels like one of those unloved companies that has hardly any interest. Once there is interest from someone important - this will rocket. atleast 6p possibly 10p if gold continues to rise. This is no ramp. compare the mcap with competitors
i have looked at GGP - and i bought in quite some time ago and sold out. the only reason i sold out was because the mcap became so big and it did not feel that it was as attractive. the fact that newmont parted company did not bother me although it naturally had a short term impact on share price