Goldplat Share Discussion Threads

[wigwammer] 13/7/2017 21:04

Fact:One year ago today was the 13/7/2016.Why don't you rerun your numbers using the correct base date, unless of course the point is so pathetic and meaningless one has to use 11/7 to make it work? Anyone interested - please run a one year chart - the shares are up.

[shareholder7] 13/7/2017 20:41

You only make profits if you sell

[discodave4] 13/7/2017 20:28

Facts:Bid 6.25 11/7/16Bid 6.25 13/7/17

[wigwammer] 13/7/2017 20:14

The shares are up around 20% over a year. But let's not let facts get in the way.I guess I'll comfort myself by looking at the 200% return over two years, the stonking capital gain made, and that a few bitter people have locked in losses. Happy days!

[kimboy2] 13/7/2017 19:31

I think he was saying that the share price has stalled because the assets may not exist. Perhaps the RR dispute doesn't exist.

Anyway there will be an operations update in about a fortnight and Gerard will be able to give us the next installment of this imaginative fantasy.

[discodave4] 13/7/2017 19:20

Hi shareholder,Hope all is well.Wash your mouth out! haha, how dare you post up that this has done nothing for a year and imply that it's all down to the RR issue (yet to be resolved 12 months on).All the best.DD

[shareholder7] 13/7/2017 18:43

Absolutely KimBoy that's the reason why the share price has not moved for a year even after all the good news and predictions

[kimboy2] 13/7/2017 18:37

There are still some legal issues to sort and they want to do some small scale pilot tests, but I think it will be up and running some time next year.

The recovery will be about 50%. The costs per os will depend on a multitude of factors including the minor elements.

The thinking appears to be about $500/oz.

That would make the profit;

82,000 ozs x 50% recovery x ($1250 - 500) gold price = $30.75m profit

Assuming it exists of course.

[sea7] 13/7/2017 18:27

applied geology and mining, an independent outfit, carried out the jorc compliant resource assessment and subsequent statement on the Tailings Storage facility at Goldplats benoni plant. This has been given 81,959 ozs gold contained. Of this amount, just over 50k is in the measured category, with the bulk of the rest in the indicated.

If they manage to recover 50k ozs, (Gerard expects over 40% to be recovered) then they could easily make $10m on a profit of only $200 an ounce, the real profit level is likely to be higher. This is effectively a truck and shovel operation, although they are someway behind on getting it up and running.

Whilst applied geology and mining are independent of goldplat, it is run by Mark Austin, who was Goldplats group Geologist some years ago.

[kimboy2] 13/7/2017 18:25

So if they lose the case against RR the 82kozs, as assessed by an independent expert, won't actually exist?

[shareholder7] 13/7/2017 18:11

That's exactly the point, who says there are 82 ounces RR thought there should be more ounces of silver The numbers could be pie in the sky and that's why the RR issue needs to come to a head to see who can count .All will be revealed soon

[kimboy2] 13/7/2017 18:03

Just to touch base with the facts I would point out that GDP's inventory is not in fact held by RR. In fact there is nothing on RR property.

GDP can, and does, send South American material to Ghana. Indeed I think that they are relying on it which is why they are buttoning it up with long term contracts.

Stock is valued at cost, and of course there are 82kozs of gold in inventory which are in the accounts at zero - not bad for a £10m company.

As for RR suppressing the price that is just dissonance IMV.

[1rodson] 13/7/2017 17:25

SOS you just can't get a word in edge ways against GDP.

Whatever happened to differing points of view.

However I am so glad that others read here as well so that they can become fully aware of the RAMPERS, PUMPERS and DUMPERS operating here!

[kimboy2] 13/7/2017 14:37

A lot gets misplaced on this thread, including the facts.

[russman] 13/7/2017 12:11

RR appear to have a good position if they possess a significant amount of gdp's inventory.It might get "misplaced".

[discodave4] 12/7/2017 20:33

Hi sea7,Yep, sad thing is the guy thinks nobody knows!, unbelievable really.Fair play if you feel history will repeat itself here in terms of the share price action - I wouldn't have the faith / guts / patience tbh. Notice the bid is now back to where it was 12 months ago, that was my concern and there are better opportunities out there with a lot less risk IMO, but wish you all the best.DD

[1rodson] 12/7/2017 16:48

Looks like we can get ready for some serious PUMPING and DUMPING

and to hell with other shareholders......not one to buy is this!

[sea7] 12/7/2017 15:21

Shouldn't really DD!! miller is too easy to wind up though, he has even taken to using the name rodson, however, is still posting on the same boards, saying the same things and trolling as normal.

I have him on filter, so I do not see what he is ranting on about, however, it will no doubt be derogatory in nature.

Anyway, I will not be talking with him and plus the fact I have booked good gains here. If this stock continues to drop then I will have to start buying again.

[1rodson] 12/7/2017 15:21

GDP falling fast now!

[1rodson] 12/7/2017 14:43

I think S7 was under his usual misapprehensions.

Here just to set him straight as GDP takes a dive.

News
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July 12. at 11:37 am

[1rodson] 12/7/2017 14:31

I note the share price is heading in the right direction despite all the ramping of the desperate duo.

[russman] 12/7/2017 12:22

Those containers of concentrate being shipped out of Ghana were going to RR.

[sea7] 12/7/2017 08:02

tks kb, keeps the pr offensive going.