RE: Interesting7 Mar 2021 22:55
BUTD - I've caught up on your posts now. I always give people the benefit of the doubt, first time around. Learned that a long time ago. You are succinct and polite, never losing your thread or indeed your temper with some very childish and ignorant responses from posters to your replies.
BUT
this last one exposes you, sadly.
You describe Cu as a future success due to demand. GGP have significant resources in this regard.
Secondly - it seems we both agree that the resourc e super cycle is imminent. PM's are an intrinsic part of commodities - you are suggesting they will not be a part of this supercycle ["PM will be left lagging}.
Thirdly, as more and more FIAT money is being force fed into the global market - gold will be acquired to hedge against the fallout. You seem to think the opposite.
Fourth - and by far the main reason for my lack of support for your assumptions about GGP is that you have little or insufficient knowledge of what GGP is all about. GGP's future is locked in. Short of a national geological disaster in Australia, the production process for recovering this resource has started. This is not a drill! This is for real and it is happening at breakneck speed. It is driven and paid for by one of the biggest miners on the planet. The project is and has been derisked as much as physically possible. First gold will be poured within 12 to 18 months. This is NOT a "maybe". PI's are not divesting from this stock, it;s hardcore following has been added to, I would suggest not detracted from....because of the certainty this project brings.
At this stage in your reply, I believe you drifted away from what this is about and became borderline anodyne and incoherent with your musings.
All of the above, suggest to me that you have little or no grasp of where this stock has been and is going.
The SP has reset from its overblown heady peaks of 35p+ and is now in a channel which is aligned to its true CURRENT (MMRE) value. There is much news incoming and some of that will add gravitas to the SP which will align it more to the suggested outcome of the MRE2 and 3 later this year after NCM drill through the remaining crescents and breccias. And this is for Havieron alone.
If there is ANY further downward trend with this stock it will be because of an external influence outside GGP's control. Eventually the true value of GGP will reflect what we actually have in the ground.....this isn't a drill!
Farewell BUTD - try another stock and sharpen your research skills if you wish to be taken seriously.
Z
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