Greatland Gold Share Discussion Threads

[daddy warbucks] 11/2/2020 11:28

With the share price rising, what are the chances of GGP buying up other licences using a share only deal?With the expectation for a higher SP, it may be too good for some owners to ignore.Perhaps Artemis might be a target. All share buyout or buy the licence next to Havieron for shares and an exchange of Our two licences in Tasmania?

[boggy] 11/2/2020 11:13

Ignore that, two buys have just gone through and price has dropped slightly...

[boggy] 11/2/2020 11:11

Only sells appear to have gone through since 10:46 - do you think they are filling a large buy order?

[malcontent] 11/2/2020 10:56

recent share price action is super-bullish

I considered selling at 3 p, like many others, as that's a great gain for me from purchase price, but the "sea-change" in the share price action left me thinking that we have a new ball-game here now, and , of course, I'm glad I held to find out-

We could still have a disappointing drill result sometime that takes the stuffing out of the SP, but there has been relentless SERIOUS buying of this one and I'm holding to find out if I'm a fool not to bank considerable profits, or I will be rewarded for holding my nerve

In the end - greed vs fear !

[timberwolf] 11/2/2020 10:39

That may be one of several factors, but, IMHO, it isn't a major factor, because the significant share price rises started to take place before the upgrade. Also, their previous 4p target, and later reiteration, did little to change the share price at all last year, from significantly lower levels.

[wasntreallysurewhatwasgoingon] 11/2/2020 10:33

Because NUMIS raised their target to 6p perhaps?

[timberwolf] 11/2/2020 10:22

It doesn't surprise me at all that a lot of people sold up after the initial rises this year. You only have to look at what happened nearly every time we had a rise in the GGP share price last year to see why one would. I probably would have done exactly the same if I hadn't taken a long term view, building my holding on those very dips which happened after the rises. We're clearly under a competely different scenario now though and, TBH, it's hard to explain EXACTLY why the rise has been so fast and so large, but I suspect we may soon find out. DYOR

[wasntreallysurewhatwasgoingon] 11/2/2020 10:20

Can't really see this back testing 2.5p as some have said recently.

[qs99] 11/2/2020 10:18

I have however put a wee bit more into SHG following their "transformational" deal yesterday...DYOR but IMO market not woken up properly to that yet...soz for being off-topic....well slightly, it is gold

[qs99] 11/2/2020 10:15

Chart looks interesting, but as a pure "market cap" vs "potential L-T value" analysis, does a sub £300m market cap for the potential resource, even at slightly lower gold prices, really seem that unreasonable? DYOR, let's see how that pans out.....any more decent RNSs IMO could see this motor higher even quicker...IMO

[wisteria2] 11/2/2020 10:08

Ok thanks sahara

[sahara] 11/2/2020 10:06

Wisteria - We have a B/Out to virgin territory. No lateral res-levels to be concerned with.

In these instances I use the Fib Extensions Pattern Projections as guides along with rising channel-lines...



S.

[uknighted] 11/2/2020 10:02

mark, the benefit of hindsight, we’ve all been there.

[fund1] 11/2/2020 10:02

This is one of those shares where you immediately regret selling. Been nearly impossible over last few weeks to get back in cheaper.

[markth126] 11/2/2020 09:59

Well done to all holders here, still licking my wounds after selling 2.5million of these at 2.5p, that said a profit is a profit but jeez how much more I could have had. That will teach me. As I say well done LTH !

[sahara] 11/2/2020 09:59

Continues to push thru the boundaries...



S.

[pr0t0n] 11/2/2020 09:20

Only thing Artemis does is talk about Havieron,
Just look at their presentation page 19/20/21.
They haven`t drilled one single hole at Armada.

[johncasey] 11/2/2020 09:12

due to EUA suspension theyve increased margin to hundred percent...what a bummer!

[daddy warbucks] 11/2/2020 08:56

Interesting.

[shakester2] 11/2/2020 08:48

yes dated today 11th Feb. response letter from their website;

Artemis Resources Limited (“ARV”, Artemis or the Company) Price Query
We refer to your letter dated 11 February 2020 and respond as follows:
1. Is ARV aware of any information concerning it that has not been announced to the market which, if
known by some in the market, could explain the recent trading in its securities
No.
2. If the answer to question 1 is “yes”:
a) Is ARV relying on Listing Rule 3.1A not to announce that information under Listing Rule 3.1?
Not applicable.
b) Can an announcement be made immediately?
Not applicable.
c) If an announcement cannot be made immediately, why not and when is it expected that an
announcement will be made?
Not applicable.
3. If the answer to question 1 is “no”, is there any other explanation that ARV may have for the recent
trading in its securities?
ARV has ~605 km2
in the Patersons range with gold and copper targets 40km from the Telfer gold
mine and surrounding the Havieron discovery being drilled by Newcrest. Newcrest have a farm-in
agreement to Greatland Gold’s Havieron project. The Greatland Gold (GGP (LON)) share price has
risen ~160% in the last month.

[daddy warbucks] 11/2/2020 08:44

Is that a new suspension? They were suspended before, when they did a placing, but thought they were trading again.

[uknighted] 11/2/2020 08:32

Artemis suspended?

[timberwolf] 11/2/2020 07:39

As PRIM quite rightly state, and as most of us know well already, "...the Greatland story has a long way to go from here."

Exactly! It ain't just Havieron, stupid! ;-) DYOR

[big7ime] 11/2/2020 07:18

Zak has 7p tgt on PRIM

[dr rosso] 11/2/2020 07:14

Yes, could soar further up into double figures, but the herd is easily sucked in/frightened out and will get heavily spiked at some point, esp with 200m converted warrants exercised for the purpose of being sold into strength. Pi is at the back of the line when judging the peak.