Greatland Gold Share Discussion Threads

[p@] 31/5/2020 13:07

Always hold the one with the gold!

[johncasey] 31/5/2020 10:22

listen bengrizz im in prim so in greatland..everytime greatland rises 1p prim gets handed a cheque for £37o,ooo

[bengrizz] 31/5/2020 09:32

John Casey why are on here? You told everyone you sold out of ggp around 4.5 wasn't it and bought bloe?

[1gandhi] 31/5/2020 09:19

I can understand the frustration..

[johncasey] 31/5/2020 08:46

this week will be different...epic in fact

[1gandhi] 31/5/2020 06:41

JC...and yet, despite all of that PRIM share price cannot get moving.

[johncasey] 31/5/2020 02:52

Greatland is just a side bet...the other investments will eclipse this one

Primorus also noted that Truspine Technologies had made progress. This firm is a medical devices company, and Primorus said that Truspine is “moving fast towards a London IPO”.

Alastair Clayton, Executive Director commented:

“Whilst the fourth Quarter of 2019 was again another period of solid growth across our diverse portfolio, it is fair to say that post-period (early 2020) has got off to an excellent start. We will return to these headline-grabbing matters later on but given the long-overdue but underwhelming increase in share price at the time or writing, it is worth remembering that Primorus is not a one trick pony.

We find ourselves in early 2020 with a diverse and growing portfolio, primarily in unlisted technology and energy companies. Our 5 largest investments by deployed capital are Engage Technology Partners (£1.5m), WeShop (£875,000), Greatland Gold PLC (£625,000), TruSpine (£500,000) and Fresho (circa £260,000).

On top of our direct equity investments we sometimes add to our balance sheet through a use of debt investing that generates interest and picking up equity options. A good example of this was the Zuuse Series B investment where the outlay was returned to treasury and interest in fully paid shares and a significant number of in-the-money options (compared to last raise) being sent to the balance sheet.

We do also have shares in publicly listed companies in an effort to increase the liquidity and look through value of the portfolio. Sometimes these are very small investments made to effectively manage cash and add incrementally to the balance sheet through opportunistic means.

We may also sometimes identify something special that we believe represents an opportunity in a listed company that has the potential to make an outsized contribution to our shareholders. Clearly our investment in Greatland Gold PLC is an example of this.
So, the question really is what should our share price be if the core portfolio of unlisted investments is better recognised? I believe many of our investments have the potential to, or already have, eclipsed even the Greatland Gold investment in terms of performance and as demonstrated in 2019, many of our investments can be exited in the absence of a public quotation.”

Primorus driven by Greatland success
Greatland Gold have been successful over the last few weeks, and have seen a positive period of trading. In December, the firm said that it had identified mineralization at its mine in Tasmania, Australia.

The firm said it completed a systematic grid-based drilling programme at Firetower, comprising 14 diamond holes with depths from 50 metres to 160 metres, for a total of approximately 1,530 metres.

The programme was designed to test the main zone of gold mineralisation and results to date have confirmed broad widths of gold mineralisation, Greatland said.

In addition, two further holes were drilled for around 670 meters to test the new targets identified by a 3D induced polarisation survey at Firetower East, approximately 500m east of Firetower

[skypr] 30/5/2020 23:35

John, did you check amount of shares and FF? Are them the same as GGP? :)

[johncasey] 30/5/2020 22:23

prim stake worth £22million or 18p a share excluding other seven investments worth another possible 50p to 100p a share..truspine.org to be listed very soon..be bigger than greatlands investment re bagging

[johncasey] 30/5/2020 22:14

solgold hit twice greatlands market cap and nowhere near the potential of greatland...so £3billion possible or 65p a share

[srpactive] 30/5/2020 21:33

P

Sorry my post already posted.

active

[srpactive] 30/5/2020 21:30

Removed, already posted.

[terry508] 30/5/2020 20:49

Posted on POG board From USA Gold Report: Incrementum is out with its widely-anticipated In Gold We Trust annual report. It offers the prospect of a bright future for gold in the coming decade: “Our forecast, or rather our conclusion from last year, that gold was in a new bull market, has come true. The strength of the trend was accentuated even further last year, which is why we assume that new all-time highs will soon be reached in US dollar terms. For us it is obvious that the gold price â€" against any currency â€" is about to enter a golden decade, i.e. the purchasing power of EUR, USD, etc. measured in gold will continue to fall. … Last year we took a clear position and concluded that we were in the early stages of a new gold bull market. This thesis was confirmed with the breakout above the resistance zone at $1,360-1,380 and the subsequent start of the rally. However, this significant price rise should be taken with a grain of salt. To reach the inflation-adjusted all-time high of 1980, gold would still have to rise to $2,215.â€? Ultimately, Incrementum sees gold reaching between $4,800 and $8,900 by 2030. hTTps://ingoldwetrust.report/wp-content/uploads/2020/05/In-Gold-We-Trust-report-2020-Compact-Version-english.pdf

[1gandhi] 30/5/2020 20:02

telbap’s digital bliss : 10p! ^"($£)!*£^$! !!

Hardcore News is required now to fuel further growth.

[imperial3] 30/5/2020 18:56

telbap.

Eh?!

[malcontent] 30/5/2020 17:40

and yeah, telbap - 10p! ^"($£)!*£^$! !!

[malcontent] 30/5/2020 17:39

this has already exceeded my "optimistic" top-end forecast of price by some distance for this stage of the process

My difficulty is that there is the valuation that will apply here due to what is actually in the ground, and there is the valuation that could happen if a speculative spike happens where people are buying just to make a quick buck with no thought to actual value - the "herd" arrives...
this can sometimes push valuations into silly territory that leave the value-investors selling way too soon but there is just no calling the top of such a spike- apart from with hindsight

nice problem to be wrestling with, mind...

[telbap] 30/5/2020 17:34

Meanwhile 10p £@)")&;£,!#%*^

[imperial3] 30/5/2020 17:08

The current market capitalisation is £369 million according to ADVFN.There are those who would argue this is demanding already.How much more this could increase,would depend on the news that the company will release in future, to justify valuations.I think we shall just have to wait and see.

[qs99] 30/5/2020 17:04

haha 50p would be amazing. But then again, I'm waiting for poster 338's forecast of £1.50 post deal with Barrick for Shanta Gold to come true haha.....good weekends

[pr0t0n] 30/5/2020 15:56

Lets get real Tel/
Absolutely ridiculous valuations/
LSE,,,and all.
Insane,,.and I`m being generous!!!

[telbap] 30/5/2020 14:58

Happy with 50p my goodness, that would change a few lives on this BB?

[pr0t0n] 30/5/2020 12:12

For the record. This ( above) is not an investment advice.
"Never invest money that you can't afford to lose"!!!

[pr0t0n] 30/5/2020 12:04

1G
Fortescue ,I wouldn`t include them .
Big Ozzie miner, a huge tenement there.

You can always pick 3-4 juniors and invest let`s say £5-10 K on each.
Bit of roulette but one is bound to do well.

[1gandhi] 30/5/2020 11:07

What do people think about the chances of other players in the Paterson area? E.g. Antipa, Paterson Resources, Fortescue etc?