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
Time is money and Newmont would not have wasted an extra 3 months on something that was not of interest.
There has been a stand off IMHO and that is not uncommon. There was probably some negotiation during the extended period and no resolution could be found that was acceptable to "both sides"
In relation to the drilling and testing done by Newmont this should now be available and should be able to be utilised. ATT the focus appears to be confirming the additional resource findings and increasing the value for the company.
Like Brexit you do not accept a bad deal at any price unless you have a terrible negotiating hand.
The proof in the pudding will now be to continue without raising additional funding through placements etc.
Is it a longer term buy at these prices well I banged another £10k in yesterday so there's my intention
Or Newmont were trying to bully the minnow GGP into selling for a very low price, GGP called their bluff and there is now a standoff?
Newmont could come back in again?
Another company could step in with an offer?
GGP could sucessfully mine?
None of us know anything, it certainly is clear as mud.
What defines that exactly, throw a rope around any part of Australia and you would be within your rights to call it a gold district, the whole country has gold in it's back garden just to what degree, for gods sake
Highlights today... several additional robust gold anomalies identified many of which have not been drill tested,
so we knew up to this point EG was full of anomalies that's why Newmont were there ! so what drilling was done and pertinently how many ounces were broadly indicated with those areas tested,
do we have to whistle in the wind to what our own company has in prospective gold,
GGP now go ahead set plans to contradict Newmonts decision to pass.... erm ok
we need the facts GH after 9 months not a keep your nose out confidentiality agreement from some one who's walked.... leading to hearsay hope that the like's of Panorama may stack up
With gritted teeth I hit the sold button @ 1.05p taking a 50% loss. Maybe I have made the wrong decision but by the trading going on today looks like it will stabilise at 0.90p, and stagnate at that level. Disappointing that Newmont withdrew when so much potential. Having a punt on TERN to try and recoup. Sad day, but that's trading for you.
Trading platform at II has been down for ages and they don't have a clue what's wrong; no updates on-line or on phone messaging, They really don't have a clue how to respond to such problems. Blinking hopeless.
How nice for 👁👁👁to perform scheduled works on a Monday morning! Having had all weekend!
I dont see why they don't just abandon the whole crock of slippery brown and give their Accounts over to Guardian or some other infinitely superior crock of slippery brown! The functionality and service just continues to deteriorate further on an almost daily basis.
May i suggest that to have such a message come up as a default when inherent faults continuously occur shows nothing more than contempt for their customers.
Tried to buy at .68p this morning. It was at 1p by the time i got past the flawed log in page! I guess my suggestion last week to pay in raisins instead of peanuts just fell on deaf ears!
Sorry about the slippery brown but apparently the more colloquial term is inappropriate !
And your point is what one4all?
I sold half at a great profit ( I even commented on this board when to buy in Jan 2017 and what levels to sell in October 2017 and have my remaining half left, still at these prices its showing a 245% increase. Any other tips? Sorry you did not share the ride.
Straight to 1.1p in 45 minutes..
If only I had the funds would have snapped up at that low.
As the results get fully digested a finish around 1.5p given the circumstance would be very good, but unlikely.
Ernest Giles Project Update
Mon, 15th Jan 2018 07:00
RNS Number : 8400B
Greatland Gold PLC
15 January 2018
15 January 2018
Dissemination of a Regulatory Announcement that contains inside information according to REGULATION (EU) No 596/2014 (MAR).
Greatland Gold plc
("Greatland" or "the Company")
Ernest Giles Project Update
Further to the announcement of 13 December 2017, Greatland Gold plc (AIM: GGP), the precious and base metals exploration and development company, provides an update on the Ernest Giles project and results of work conducted by Newmont Exploration Pty Ltd ("Newmont"), a subsidiary of Newmont Mining Corporation (NYSE: NEM).
Newmont has informed the Company that its current corporate priorities are largely focused in other districts. Consequently, it has informed Greatland that it will not be proceeding with the project at this time. Newmont's six month right of first refusal over the Ernest Giles Project has already lapsed in accordance with the agreement announced 16 May 2017.
Newmont's DSG survey has been successful in defining a new large gold anomaly, covering an area of approximately 5km by 1.5km and untested by previous drilling.
Greatland Gold continues to hold 100 per cent of the project and is well financed to proceed with its alternative plans to progress with an exploration programme using the results of the Deep Sensing Geochemistry ("DSG") survey conducted by Newmont.
Key highlights of the DSG results included:
· Large 5km long by 1.5km wide gold anomaly identified, oriented in an east-west direction, that sits approximately 1km to the north of Greatland's previous drilling;
· The large anomaly identified has not been drill tested and sits perpendicular to the regional geological strike suggesting a strong structural control on mineralisation;
· Several additional robust gold anomalies successfully identified, many of which have not been drill-tested; and
· DSG survey was also successful in identifying overall basement lithological trends and recognised a belt parallel alteration signature commonly associated with large scale mineralised systems.
Greatland anticipates that it will be lodging a Programme of Work with the Western Australian Department of Mines and Petroleum in the next two weeks and, subject to approval, anticipates that it will be commencing a targeted exploration campaign at the Ernest Giles project in Q1 2018.
Gervaise Heddle, Chief Executive Officer, commented: "The collaboration between Newmont and Greatland has successfully defined several additional gold anomalies, and we would like to thank Newmont for their efforts. 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. We are well financed to actively progress exploration at Ernest Giles and look forward to reporting progress through the year."
Background and Results of DSG survey
In May 2017, Greatland entered into an agreement with Newmont Exploration Pty Ltd ("Newmont"), a subsidiary of Newmont Mining Corporation (NYSE: NEM), over the Ernest Giles project. Under this agreement, Newmont was allowed access to Greatland's Ernest Giles project to conduct Deep Sensing Geochemistry ("DSG") surveys. DSG is a proprietary geochemical method developed by Newmont and applied in areas with covered terrain.
During 2017, Newmont conducted a DSG survey consisting of 446 DGS samples at the Meadows prospect. Samples were collected over the target area on 475m x 200m spacing, and strike extensions on 1000m x 200m spacing.
The DSG results successfully defined several gold anomalies at the Meadows prospect, the most significant of which is a large anomaly approximately 5km long and 1.5km wide in the vicinity of previous Greatland drilling w
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