Member Info for zoros

Gymboy - long time no post? With your 2 million shares @ 0.06p, how can you fail?
Stay safe
Z;

My definition of a newbie: any retail investor in GGP, post August 2020.
Those who joined before that are either few and far between or have bought in at the really risky phase and really are on the gravy train....I call these guys: LTH's. With the exception of a hardcore of LTH's (around half a dozen) who post liberally on here, the rest of the LTH's remain calm and quiet in the background....for obvious reasons.
So I am appealing to the Newbies with my next 'observations':
You are ALL under water, some are drowning and have been for a very long time. Many are questioning their investing integrity and thoughts range from being sucked up in the madness that was the build up to the GDXJ of 2020, with FOMO.....to wondering if they can ever make a
dilligent prudent financial investment ever again.
Now is the time to take a deep breath and have a conversation with yourself about what to do next.
Any decision is reinforced if there is substantial physical evidence to support the outcome of that decision. In this particular instance, you must ask if you genuinely believe in the end result:
1. Are the resource figures bandied about - for real, or imaginary?
2. Who is actually doing all the digging and are they experts in their industry?
3. Has the time line to production changed markedly?
4. Has there been ANY bad news @ Havieron?
5. What could go wrong between now and early 2024? (more in a later post)?
6. What are the SP generators going forward? (later).
7. Can I afford to wait ? When do I need to extract myself from this for personal reasons?

Apart from 7, I would suggest you have already resolved most of your anxieties over this stock.
Something else to boost your confidence: we have entered LTH SP territory. Not since June 2020 have we seen such a SP. IF you believe in GGP@Hav....you will NEVER again get the opportunity to buy in at this level. [I apologise now for that sounding like a mega ramp....wasn't meant to be..I am simply stating the obvious].
You have to overcome the demons in your head that tell you, you have f*cked up with this stock and you have embarrassed yourself in front of those who know you with the purchase of a dud stock. This isn't a dud stock...ALL the evidence points to the grand prize...the SP is simply a moment in time and this will pass. This is not a punt, a guess, a joke.....this mine WILL happen and the SP WILL reflect that.
All newbies: time to address your demons. If you can't overcome them....bite the bullet and move on quietly. For those who accept that there really is "no gain without pain", knuckle down and hold the line. If you wish to stay the course, leave your bitterness behind and let the SP wash over you.
Decision time guys?
Z

Your 1737 hit the nail on the head. Best post of the week.
NM is dragging Solg down.
This IS window dressing.
JV Alpala and be done.
Z

Last time I looked, the DFS was Q1/22....obviously that's changed again...any update anyone?
Ta

Z

Is it worth watching a recording of the AGM (if there is one)?
Sounds depressing.
Porvenir is reasonable, especially open pit.
Just gotta convince the locals that we want to trash their backyard forever!
Z

Always good posts Dip. Ta!
I see a change in direction for the better on this BB, morale has improved so I'll give it a further shove...
Many (not all) who do their own research, look every which way for information, some of it not user friendly or even unreliable.
This board is capable of offering a treasure trove of tit bits for even the most professional investor let alone the newbie's. The more we learn as individuals and the more we put on here, the better our dilligence. Makes our personal decision - that much more comfortable to live with.
Information is power. Let's keep this board a great source of info and inspiration.
December 2020 doesn't seem that long ago (remember the fever pitch over GDXJ?).
Repeat that time frame once more, it will turn your lives around.
Z

That was aimed at Loggy
Z

Well said.
Z

I have written to LSE to ask if they can suspend you both for a while until you both gather your thoughts. You both have much to add to the journey but unfortunately you have allowed other less attractive traits to dominate your actions.
Please, for the sanity of those who read this board often:
Stop goading eachother
and
stick to facts not what 'might be'.
Please guys.
Z

"...If you wonder what was edited out it was receist...."

what is receist please?
Z

Dividends, what dividends?
For those who are planning to invest in GGP for the future of their children/grandkids.....bear in mind there is a risk (I would say - high, to very high) that GGP will be bought out by NCM, at some stage (probably after the FS is advertised, when they sit down to discuss their options for the BUM).
So...as the government reminds us...have a Plan B, ready.
Z

By the way, if he/she is still out there, I owe an apology to I think they are called 'Southwesterner' or something similar wh repeatedly told me that I was talking out of my backside wrt decline progress and that I should add another year! He/she was right.
One lives and learns.
Z

Canary - very well spotted, indeed! I picked up on that and thought - mmm, change to original plan slipped in there hoping no-one will notice!. So here goes, regarding the decline progress:
When news started filtering out that the decline was under construction a number of posters started guessing the monthly rates of progress...it included me unfortunately. All of us have added to the myth that this was going to be something earthshattering in speed resulting in the arrival at the motherlode (@ 350m deep) between Q1/22 and Q3/22.
It started on 12th May 2021 and progress guesses ranged between 150 and 700m/m (the latter being the world record held by Byrnecast (our diggers)).
I averaged it out @ 250m/m for the roadmap. This meant the arrival estimated around June 2022.
Then the Byrnecast web site appeared and they were flagging up 154m/m.....Ouch!
I spoke to GGP about this in June 2021 and how it would affect the completion of the decline. They came back and said this was the early stages rate/month estimate due to poor ground conditions/aquifer. They stated they would soon clear these layers and progress would increase significantly. Since then as you know we have been getting snippets of the rate of progress on several occasions. The latest indicates that thus far, 250m has actually been dug out over 7 months which works out @: 36m/m!!! This equates to 7 years digging! Arrival time:2029.
In a way, when you heard SD say late 2023, to the uninitiated, it seems that there has been a major delay with the earthworks (based on our assumptions: mid to late 2022). But in reality what we are seeing here is that, yes, the initial delay is still causing problems, progress is slower than expected but it will increase if we are to meet this timeline SD mentioned (of late 2023).
And ironically over the 30 month period aired by SD, guess what: the rate of progress will be: 150m/m. Close to that figure advertised on Byrnecasts' web site. Funny old thing.
I have changed my roadmap to reflect this now and of course the knock on effect of everything else that would follow from the completion of the decline.
[The other 'thing' that changed over the last 6 months, is that the original decline distance of 2600m has grown to 3000m due to ancilliary roads and passing places been added on]
Best
Z

Novochoc - I'll sharpen the chainsaw...heh...heh...heh
Z

Ooops just come back in and seen this.......you're right..apologies. In amongst the zillions he is earning plus shares, I said 'has' instead of 'had'.
Z

Hi Hydrogen,
I'm the first to state that I am not a MM. But I do my own research and have done for longer than I can remember when it comes to anything I invest in. I read about it, speak to others and listen to experts in the field.
You have a huge following on here and justifyingly so, I support that ethos...You are enthusiastic, you know your geology, you have a resonable grip of investments and I believe you too, do your own research. You bring vibrancy and fresh air to this board (as do several others).
When a.n.other comes on here and explains an issue which they know agreat deal about and quietly try to educate the rest of us about it....is that not the same as your remit? It may not 'tally' with your understanding of the situation but they have a greater understanding of that particular subject. Surely it counts for something? And if that something helps others 'clear the air' and give them clarity towards their research....power to their elbow.
WRT shorting this stock - in my humble experience, there is shorting of this stock to some degree but a) it is miniscule and b) it happens to many many of the other thousands of stocks on the FTSE (3000+). It has a purpose, which is why it isn't made illegal. The post from Blue @ 0936 this morning sums it all up so eloquently for me and they come from someone who did it for a living. Unfortunately for him it is like whispering into a hurricane after months (even years) of posts promoting the shorting fiasco that GGP has become (not).
In direct answer to you asking why this and why that during market manouvres......I am at a loss to explain them, except to say this......what is going on with this share price is perfectly normal. Between where the journey started to where it is going to end, the SP will behave accordingly and in line with statistics going back decades. We started below a penny and we will end at serious levels, shorting and manipulation will be a distant memory except to say it caused unnecessary pain and angst to all those who hang off every word some posters print and who have done little or no research.
Provided GGP doesn't get bought out (for another discussion, no doubt), those who have done due dilligence know in their hearts that this will come good and resonably soon...probably beyond their wildest dreams.
All I ask is that the journey for everyone is one where it has been a pleasant one based on fact not fiction.
I reiterate - you are one of the good guys....but there are those amongst us who know a thing or two about aspects of this stock that you or I simply can't know. Let's embrace them not deflect them to one side. They too are good guys.
Best wishes
Z

Lunchmoney - calm down.
I stated that NM had 30M share options.. HE DOES!
https://wp-solgold-2021.s3.eu-west-2.amazonaws.com/media/2021/09/SolGold-Annual-Report-2021.pdf
Page 112.
The fact that 5m are outstanding is not in question.
Z

I'll repeat this mantra forever, if needs be.
OUR brokers are not restraining OUR SP. They have more information than us and they are in the market, two things the rest of us are not. Whether you like Brokers or not, they are closer to the hub, so ignore their comments at your peril.
I say again, the stock is where it is because of what it is: a relatively small resource currently proved up to 'indicated' status. This resource is valued acvcording to standard market values. GGP hasn't been singled out ffs!
2MozAu is worth 15p all day long because it is still in the ground!
There is no shorting (never has been on a large scale), there is insignificant or nil manipulation in the market.
PLEASE, PLEASE DYOR and you will then learn why we are where we are. It's not rocketscience.
15p for 30% of "Moz gold...that is it guys.
When the next MRE arrives in Q1/22 and 'assuming' the report advertises (for instance) 10Moz of which 3(ish) is indicated (and the rest inferred) then the brokers have worked out that the SP should be worth 24-25p.
When the MRE3 comes later, the brokers will quote 'Xp'.
MRE4: 'Yp'
Politely: there is 2Moz gold "indicated" somewhere underground. GGP owns 0.6Moz. That's it.
Sit back, calm down, cut thru the crap that pours into this bb from both ends and DYO effing R.
How can so many people go through life making so many decisions when they rely on others instead of doing their own research?? Defeats me at times.
Z

$23,000,000 spent on all employees (900+) last fiscal. (The whole exploration budget was £77M).
NM gets $350,000 per year and nearly forgot...for being booted out of the CEO seat, he got $500,000 compensation.
NM has 80,000,000+ shares.
He has 30,000,000+ share options.

Year after year after year..............
Oh and then there are the PI's benefitting from the progress the company is making to extract the prize, of course .

We mustn't rush these things....building a mahoosive workforce, a 13 strong management team, trying to hold these 75 tenements together, being unable to sell any of them to anyone, preparing all those pretty presentations.....
Ah well, nearly Christmas guys, so time for a break after all that effort.
Z

who has a credit card with $120k credit on it?
Z