Goldstone Resources Share Discussion Threads

[spacedust] 24/6/2020 19:52

Ggp has Prospects.....that are yet to be proven

Grl realised prospects and has been proved

Grl surely onto be coming 100m makt cap company soon

[malcontent] 24/6/2020 17:40

yeah but GGP has such tasty prospects - a good time to be in gold stocks, methinks

[kai24] 24/6/2020 17:21

probably a while, im also in GGP but the twitter folk in GGP are so obsessed with GGP they cant fathom investing in any other stocks. And being in a stock that is undervalued + production short term is more valuable than an explorer IMO

[malcontent] 24/6/2020 17:06

my second largest holding after GGP
the seagulls haven't arrived on this board yet- nice and quiet - I wonder how long this will last?

[spacedust] 24/6/2020 12:35

Yup any buying leads to a rise. I think not much free float about especially with 50% of shares in long term institutional hands.

[walter walcarpets] 24/6/2020 12:26

My buy this morning marked as a sell. MM's playing games

[spacedust] 24/6/2020 11:51

Stating the bleeding obvious there

[spacedust] 24/6/2020 11:48

Might even touch 6p today. I think if gold hits 2200 then the gold we sell will be worth more

[maverick247] 24/6/2020 11:46

10-15p area going to come easy here imo if gold carries on like this $14m ebitda pa starting H2

[spacedust] 24/6/2020 11:46

Please keep rubbing and stroking that crystal ball suggestively

[spacedust] 24/6/2020 11:45

I'm liking that crystal ball of yours anley

[anley] 24/6/2020 10:18

My crystal ball is pointing to $1860 as the next step up towards $2000 GOLD later this year.

I am under pinning the 12p per GRL price forecast.....................

[marketanalyst1] 24/6/2020 09:08

Updated investment case...

• Post-tax NPV of the company’s near-production Akrokeri-Homase gold asset, located in the world class Ashanti Gold Belt, is now approaching £24m (at US$1,790/oz gold price).

• Cash and cash equivalents stands at circa £5.5m.

• Current market cap stands at £12.5m.

• Stock fair value, ahead of gold production news, currently stands at 12pence per share.

Two words: materially mispriced.








ATB.

[spacedust] 24/6/2020 08:45

Great volume. 6p this week

[highly geared] 23/6/2020 16:29

Seem to have a seller to clear around 5p. A bit more volume should do it.

[maverick247] 23/6/2020 15:07

Looks like this is heading for 10p gold is flying again Think anywhere in the teens if this carries on too

[spacedust] 23/6/2020 14:52

Lots of buys ? Is this being held back as usual?

[spacedust] 23/6/2020 14:41

Don't we have high grades plus two partners as well?

Infact we've always had two partners for decades

[spacedust] 23/6/2020 14:28

Don't we have hugh grades partners too?

[highly geared] 23/6/2020 10:50

High grades in Aus + Newmont as a partner funding the drilling for an earn in. Market cap at £400 million is a bit rich..

[spacedust] 23/6/2020 10:39

What does Greenland gold have that Grl don't ? I've never invested in ggp

[highly geared] 23/6/2020 09:15

Simplistically, GRL will be chucking out £10million + annualised EBIT from next year. With LOM expansion and a stingy PE of 5 , it should sit around a £50 million market cap based on current gold prices. So, buy now for what’s coming and if production proceeds as envisaged, a share price of 20p this time next year..

[maverick247] 23/6/2020 08:44

New GRL Research note

Good overview of both projects Homase 144% IRR at $1300 gold!