Yes , the ball is rolling again and this is going up up up from Mickey Mouse levels. NM walking away , dont be fooled . EG MMi and Drill results could be something else plus 6 more 100% owned projects .
The way things are with this company, constipated, not much is going to move it. Whether it is the price of gold or the price of fish it will more likely take devine intervention before we see any movement from the bowels of the earth.
I don't have a huge amount of experience with gold, mainly oil. Does anyone have an idea on possible value to GGP if EG was to hit a "several multi-million-ounce" gold deposit, as mentioned below on 15th Jan?
"The results of their survey have enhanced our understanding of the project and identified multiple new targets for further exploration work, reinforcing our view that the Ernest Giles project has the potential to host several multi-million-ounce gold deposits."
The one really great thing about this share its discoveries are in a un hostile great country, where the government is not going to take it away from them.........maybe a bit in tax...lol.....but ???
its a great gold find, and I'm really sure some one in the very near future will help them to extract it from the ground.....?? I'm not going to say "good luck" to all of you, you wont need luck.....!!
Lots of buying this morning on bouncing from lows. The Indicators are pointing to better things to come, RSI and Stochastic are at bottom and now rising and the most Important MACD ready to cross up "0" as it has gone divergence ( blue crossing up red line ).
there is a lot of bubbling going on in this pot........!! After yesterdays world shares disaster
this is looking cheap.....I must say I have been kicking my self for not selling at last months high,and then buying back in,but greed is a nasty trait....lol...I felt it could have gone to 3-3.5p but..............never mind it will come back,there is a lot of gold in them Hills,or desert...??????????????? ..lol
Greatland Gold (GGP)
There was bad news at the beginning of this year for Greatland (GGP) concerning the Ernest Giles gold project. Newmont Mining (NEM) decided not to take up its option to become involved in this project. It appears it is not in the right place or big enough to fit in with Newmont's current priorities. The Greatland share price plummeted on the news.
This has masked the positive drilling results which defined a large gold anomaly to the north of previous drilling, plus other anomalies. This drilling was funded by Newmont. Greatland plans an exploration campaign commencing in the first quarter of 2018 to generate more information and data about the anomalies.
Greatland had cash of £4 million at the end of October 2017 and further warrants and options have been exercised since then. This provides enough cash for the time being. Ernest Giles may not be big enough for Newmont, but it is significant for Greatland. Further positive exploration news could help the share price to rebound by the end of the year, although it is unlikely to get back to its previous level in the short-term.
That was a strategic sale by MT . PJ and wife have 90 odd million shares and as far as I know havent sold any and as for the 0.20 dream on . This is an entirely different
Company from back in the day . I plan on buying several million shares next week here btw.
If Im wrong apologies but dont think so.
So... Let's delve a little deeper into one of the biggest potential shame in aim market history. .
Firstly you'll see I bought in around 0.2p and sold all the way up to around 1.5p .. missed out on the last leg up.
I have also held ggp about 6 or 7 years ago.
I suspect afoul play with this stock for a number of reasons and I'll highlight a few here....
1. Metal tiger and their suspicious entry at the bottom... and full escape at 2p ... when they had people on the board at that time... you will note thor mining.. MTRs other interest which has followed a similar suit as ggp..
2. The blatant lies regarding newmount. There was not one comment before, during or after the E.G. initial announcement or final one concluding the ramping story by newmount themselves.
3. This is now the third or even fourth time this little shister of a stock has spiked and then dumped as it is apparent the s.p has been manipulated completely..
4. All the announcements of other projects and land acquired during the newmount investigations.
Here we go.... give it 6 months to a year and there will be news of exceptional grades and more fake news coming out of this one just to see it all happen again?
This company and its CEO are utterly toxic... run whilst you can.
Took some profits in the 2s , waiting to jump in big at current levels , Question is when to increase holding , suppose one couldnt go wrong at current levels and is able to hold . I just agree with msoldB , we know how good this is .
Alltold..selling at 1.05p yesterday on paper initially was a shrewd move. Well done for that. Buying back at 4pm at 0.85p would have been a better move.
Apart from Newmont pulling out nothing has changed.
Stranger things have happened. NM may be playing games, walk away, show no interest then come back later when the seller has realised true value. Its been going on years, even since they were selling beards in the Life of Brian.
Good luck from here.
As for me I am a hold. We know where the bottom is and thats 0.7/0.8p
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