The only chart we should be looking at is the Lassonde Curve as we emerge from the Orphan Period and now look ahead for the dramatic rise, yet again, into the 20s & 30s: |
 Hydro.
Yes indeed, quite a reasonable looking hockey stick, in fact there is quite a presentable one over the past 2 months:-
free stock charts from uk.advfn.com
In fact looking at the chart over the past 25 years one can pick out dozens of "hockey sticks".
The point I was trying to make (rather clumsily), is that all these formations have eventually reverted to the mean. The important question is whether that mean is pointing upwards and over the past 25 years it has done so to the tune of 850% in $US.
With the geopolitical and financial situation being what it is currently, I can't see that trend turning south any time soon. However, and maybe I'm being pedantic, but the use of terms such as "exponential", in a purely mathematical sense, can only point towards armageddon. The last time we saw such a rise was during the Weimar Republic and that didn't end happily for anyone!
However, more pertinently as far as GGP is concerned, we shan't know for sure until April what effect that the rising gold price is having on the Telfer situation.
What we do know is that there is a very large pile of low grade ore sitting there.
Back in Aug/Sept when SD was thrashing out the deal he must have figured that this stockpile had some value. Let's say for sake of argument that he calculated a margin of $100/oz. The price of gold has risen $400/oz since those negotiations, ergo, the margin is now $500/oz a rise of 400%. This calculation is for illustrative purposes only but the principle is good enough to keep me invested.
However, more importantly than any of this Scotland take on Ireland at Murrayfield tomorrow.
Cheers. |
Apiarist - maybe done your specs and Zoom out on that gold chart to the weekly -
Where you will see the “hockey stick” formation (of the past year) compared to the previous 50 incurrent gold price ascent.
Rate of change is what matters. We have not see this level of rate of change in gold price for a decade
The world has changed markedly. Gold is telling the market something very special is about to happen…. (and 90% are blind to it)!.
Good luck |
Excellent!! |
Nevermind linking gold to crypto, move like imb.
GGP will be 30p plus very soon.
dyor |
For any newbies. Last toast opened a 4m short @4p. AKA bedsit burnt toast. Gotta larf 😆 |
Fair point |
Indeed! April will, surely, be a game changer for shareholders! |
Tell, steady as it goes ignore the trolls and let the trend be your friend. .Gold looks good today..2,871.68.+21.00.+0.74%.Good weekend all .Zoo |
Indeed, Telbap.
A nice steady climb 42% YoY and long may it continue. No exponentials or parabolics and certainly no hockey sticks!
Just an even positive gradient, nothing to scare the horses and we'll clear your 12p before the canal turn and still with plenty of running left in the old nag!
free stock charts from uk.advfn.com |
Toasty still holding out for your 4p short spreading Misinformation as usual choo choo |
Nice steady climb to 12p. Then all the numpties will disappear elsewhere. Can't wait to hear the WDD drill grades, I think they will not disappoint, the only question remains, how big is it?April I believe will tell us a lot. |
The word is that the index is nearly filled from my sources and this will tank as soon as they fill like before.
6p anyone ?
Also rumbles around a placing with the asx listing despite assurance from the ceo no raise.
Think he will roll out the accretive raise line. |
That's correct, Come on: Wyloo invested £35m at 8.2p (for just over 8.5%) and subsequently followed their money to maintain their 8.5% stake at 4.8p. |
Grewtland will be 20p+ in 2025, question of time.
Fundamentals are just way too strong, too many game changing drivers to come in the near future.
And I say 20p+ at current gold prices, if all hell breaks loose with the price of gold, like many expect, who knows how high greatland can reach. |
I believe wyloo took a lot then too |
The previous raise was 8.2p |
Hazel-I have been here since 1.7p buy and only sold half at 38p ,I appreciate your continuous support,but chinas' gold find dosn't disapear.I hope to make similar profits from GGP in the future,but you must always consider things both ways good and bad,to have a balanced assessment.
Still got a lot. P@ |
Hope so jaka. |
Gold has risen dramatically, but the miners haven't to that extent, and it is not fully reflected in their share price Check out GDXJ and GDX a basket of ETF miners, and you'll see the funds haven't even reached the highs of last October before the Trump election victory. That was because of fear, uncertainty and doubt, FUD. Once that returns, and it will soon, the miners, especially gold miners, will rocket. Producers like Greatland will be the way to consolidate and maintain or gain your wealth in the difficult times that lie just around the corner. |
The placing price was 4.8p |
Should be 19p simple as, those target prices will be substantially higher soon after Telfer resource is upgraded.
From Investors ironically yesterday...
Drilling done under the existing pit has identified "the highest grade [of gold] seen at Telfer since 2005", he said |
'Greatland off to a cracking start at Telfer
Gold and copper production higher than expected for first 27 days under new owner'.
Thanks to miningnews network. |
He is clutching at straws hydrogen.
I was fooled by his link yesterday I won't be again.
He will have to change his poster name for me to read any of his posts. |
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