Greatland Gold Share Discussion Threads

[jaka] 19/4/2024 19:18

The guy who is now the Principle for Corporate Development at Greatland is the same guy who advised Newmont on the 29B A$ acquisition of Newcrest a few months ago working for Lazards. The head of Business Development at Greatland, his last job was in the same role at Fortescue, welcomed him onboard.

[hydrogen1] 19/4/2024 17:49

Be so funny if Wyloo just loaned GGP the money to buy Telfer and complete build of Havieron.

On mates rates.

And then he cross lists on the ASX.

[hydrogen1] 19/4/2024 16:21

CTA funds are dumping Nvidia they have been all week... As we know with GGP - selling begets much more selling

[jaka] 19/4/2024 15:57

It is still too early to say but the S&P 500 is going south and gold and silver is going north. The correction could increase as the day unfolds stateside, it urgently needs to.It's been noticed that Shaun was talking in the singular regarding Havieron. WE have 8.4M gold equivalent and then not lavishly praising our 70% JV partners which he always does sometime in his podcast interviews. An oversight or a signal to which way the negotiations are going, we will see!

[wisteria2] 19/4/2024 15:32

Abrahe always puts up some negative posts when wanting the share price lower! Nothing wrong with being honest
GGP HOLD FOR THE GOLD

[wisteria2] 19/4/2024 15:23

Hasn't that bloke that owns Wyloo got a few $$$$$ ! bet u that some deal will be done between them and GGP. Or a mix including RIO for the whole caboodle.
Copper looking great as well as GOLD

[hydrogen1] 19/4/2024 15:14

If your metric is share price and only the share price - you should be long gone is my advice. Lets consider Shaun's achievements Winning the 5% debacle and averting 5% asset dilution Seeing off aggressive moves from NCMs business development unit.Securing cornerstone investment and strategic commitment from Wyloo and TriBeCa Getting us into the L&G ESG ETFBring in heavyweights BOD.And the TBC - Negotiating buying back the farm dirt cheap.

[hydrogen1] 19/4/2024 15:07

It's a powerful ace card...https://www.mondaq.com/canada/mining/227126/the-power-of-a-right-of-first-refusal-in-the-right-hands

[arthur75] 19/4/2024 14:31

Havinthelasttoast you have upset the simpletons. LOL. They are massively underwater aren't they. Money these plebs can ill afford. Sentiment is rock bottom here who knows how low it could go,you might be right!
Happy weekend all LOL.LOL.LOL.

[abrahe00] 19/4/2024 13:35

Hydro, we all invest for different reasons, But, ultimately, the aim is the same... to make a profit on our investment.

I've not done too badly and have sold/bought GGP over the years. But I still hold a substantial (for me anyway) sum.

Shaun took over more than three years ago and we have done nothing but go backwards in that time. Any "on the ground progress" at Havieron was driven by NCM, and that has seemingly all but stopped now.

I have no doubt there are boardroom meetings happening at various potential suitors. I just don't think Shaun will have any say in the matter. Newmont will do what they want to do and Shaun will just have ot fall in line. He is only holding one ace in the form of the ROLR, and everyone knows that he only has one ace. Hard to bluff with that hand...

[hydrogen1] 19/4/2024 12:44

Could it be the reason you held GGP, Abrehe was because it was obvious that GGP was a buyout target. The way Newcrest behaved made that crystal clear and their hatchet job PFS truly damaged our company in the short term

BUT - if you have genuinely held for 7 years why moan - you are over 2000% up on your investment - real value creation. You had every opportunity to sell.

And you are not alone - That's the reason that most people held - a potential buy out or a 2nd discovery. And conversely that's why Gervaise sold. Becuase he obviously knew it wasn't happening quickly or easily.

But still, today, GGP is a target... who knows what Northern Star are planning on this 'alleged' recent visit to Telfer, but they are not known for being the non operating minority partner, are they?

Slating Shaun Day is simply not helpful. Slate Gervase maybe - he was the snake that let ggp down by moving the 5% option from post DFS to Post PFS. That was the tactical error that costs GGP shareholders so much as it opened the door for NCM to behave aggressively.

If you had ever met Shaun Day you would know he is a genuine and formidable character and a first class strategic thinker.

Shaun articulated a clear vision for Havieron and Telfer - having completed months of DD on Havieron prior to taking up his CEO role.

The share price hasn't performed these past two years but the previous 5 were outstanding.

[abrahe00] 19/4/2024 12:16

Thanks for the support Pete... 7 years a shareholder and counting. Wish I'd sold out at the same time as Gervaise...

[petersinthemarket] 19/4/2024 11:41

abrahe00 - As you just discovered, you get mauled for stating the obvious on here. Nobody wants to discuss that GGP is loss making and that break even will only occur in 2025 when sales are expected to begin. The distant future is bright but until then long term holders (inc me) need faith and patience.

[hydrogen1] 19/4/2024 10:26

The Market will force interest rates higher. They are actively overriding the FEDs policy Errors. Interest rates need to go higher. If he tries to force them lower that then creates a seriously negative real interest rate scenario. That will further accelerate the gold price.

Oil is up 30% since December. Copper is up metals are up, shipping is up, housing costs are up

The last thing Shaun Day is , is an idiot. You know that. I know that. Let's not beat around the bush.

You are in La la land if you actually think 8.4moz is disappointing. What is disappointing in the share price but the Hedge fund shorts that precipitated this still have to be bought back.

The great thing about shorts is they are forced buyers.

[hazl] 19/4/2024 10:20

It's the future that counts.

[abrahe00] 19/4/2024 10:07

Yes, Hydro, you are right and I was wrong. The GGP share price hasn't halved since last year, it has halved since December 2023!!! We were at 11p or thereabouts before the long awaited and hitherto dissapointing resource update estimate which landed half an hour before the markest closed for the Cristmas break. Great timing by Shaun btw...

I'm not arguing that gold hasn't risen in line with interest rates. Your charts show clearly waht has happened in the past, they don't predict the future. In an election year,both in the US and the UK, Sunak and Biden supposedly have no say over the interest rate, but nevertheless, they're not gonna want to p*ss off the electorate. Rates will stay flat until Q3 and then go down, in time for the elections.

As for Shaun's plans, again, if he has shared confidential info with a chosen few, then he is an idiot.

AIMHO.... We can agree to disagree.

[jaka] 19/4/2024 09:45

The fund normally invests at least 80% of its total assets in securities that comprise the index. The index includes companies that generate at least 50% of their revenues from gold and/or silver mining/royalties/streaming or have mining projects with the potential to generate at least 50% of their revenues from gold and/or silver when developed.<(b>

Greatland are in this fund.

[abrahe00] 19/4/2024 09:08

Junior gold miners, yes! But we are not a gold producer yet. Are we?

[jaka] 19/4/2024 09:00

So why has the GDXJ gone up 19.71% in the last six months when the mainly gold producers in the GDX have only gone up 14.37%?

"VanEck Junior Gold Miners UCITS ETF invests in the stocks of small gold miners, some of which are in the early stages of exploration. Junior gold miners bring on new supply and are prime beneficiaries of rising gold demand. Typically they have greater sensitivity to underlying gold price movements than more established, senior gold mining companies."

[abrahe00] 19/4/2024 08:46

Gold has doubled over the last 12 months and yet our share price has halved! So, I'm not sure who is the clueless one here...

And... If Shaun has confided in you the confidential information about his plans, then he is more of an idiot than I give him credit for.

"Gold is finally rising with interest rates"? Really? The fed says they're going to keep it flat and the BoE says they are likely to drop.

Still... there's always hope.

[havinthelasttoast] 19/4/2024 08:22

“If gold doubles”

Words of truth from hydrowrong.

For this to go up gold needs to double

[hydrogen1] 19/4/2024 08:20

Abrahe - you have obviously never met the man. You are totally clueless to what plan he has. Some know. Most do not.

Whilst you are entitled to 'voice' your opinion: if gold doubles today: The juniors and developers will absolutely rocket. The wider market flow hasn't arrived yet to juniors, but it will. Now the Tech bubble has rolled over.

Gold is now finally rising with interest rates, as it should. Metals oil and insurance are about the only sectors rising.