Greatland Gold Share Discussion Threads

[sticks3] 09/6/2020 16:01

Looked like a big sell order being filled and there it is 12,587,600

[mufprat] 09/6/2020 15:53

Your naivety knows no bounds DW.If a MM wants to keep her / his job, they need to understand the stocks for which they are responsible. Now, what would help with that?And what have the nutters on LSE been discussing all day? No surprises for guessing.

[stockport loser] 09/6/2020 15:42

chickndinner9 Jun '20 - 15:05 - 10516 of 10526
0 0 3

Rumour GGP death spiral finance.


Posted on Avct thread, fyi.

[daddy warbucks] 09/6/2020 14:55

To say a BB can influence what a market maker will do is laughable. More likely they have seen punters putting money on a margin call or such like, thinking the price will rise into results. Only this time the market makers are not playing.Holding for the long term. Hope no one gets burned.

[zooman] 09/6/2020 10:31

TW, the problem is communication we see it everywhere. I think people sometimes feel that what they are saying is clear and it it is to them because they know what it is they are talking about. Where if they just added a few extra words it removes any confusion or doubt. You only have to look at the daily Covid updates to see that especially as to what people can or cant do.Lets hope we get a good update. :-)Zoo

[telbap] 09/6/2020 10:20

@DW.....a signed held in trust document will exist plus all the announcements made act as a security blanket. Market may well rinse us cos it "doesn't understand" but take the oppo to top up. Trust docs are drawn up and signed every day, they are clear clean and water tight docs. All is calm!!

[timberwolf] 09/6/2020 10:01

I agree DW. I'm old enough in the tooth to rarely just take anything in the commercial world, immediately, as read. It's often not necessarily what's said, it's how it's said, and IMHO GH sounded just slightly flustered and not his usual ebullient self. If, in relation to Scallywag drilling, he'd been more precise/short term in his statement, than "later this year" I probably wouldn't have given it a second thought. Now, like others, it just causes me some further thinking. As I said before, it's probably nothing more than a gut feeling, but I still believe worth thinking about.

BTW, that doesn't mean anything would necessarily be negative, maybe more likely positive, as we surely hold the trump cards here! DYOR & GLA

[tmmalik] 09/6/2020 09:53

Seems good day to top-up before next rise

[johny cash] 09/6/2020 09:24

That would make SW even closer to Telfer

[johny cash] 09/6/2020 09:22

The Scallywag prospect lies approximately 6km west of the Havieron prospect within the Havieron licence, E45/4701, and is 100% owned by Greatland. Scallywag is a large, elongate magnetic anomaly with a strike length of more than 6km and is interpreted to be a structurally deformed sedimentary dome feature under approximately 50-100m of cover.This is getting exciting ;)

[daddy warbucks] 09/6/2020 08:28

Appreciate the answer. Now why couldn't GH have said that. Lol.

[spymaster25] 09/6/2020 08:23

maybe they think the mineral vein runs directly between the two (HAV & SW) and they do not want to separate them. those step outs are going a bit crazy. There has been suggestion that SW is the big sister of HAV/TELFER. If you thought that could be possible, would you split them up? Keeping them in 1 title stops someone from trying to swoop.

[sticks3] 09/6/2020 08:21

The simple answer is that it is on the same legal title so has to be included. NC will hold on trust until Hav sorted and then transfer 100% of Scallywag back - beneficial ownership always remains with GGP. Far more complicated to initially start carving up legal titles.

[daddy warbucks] 09/6/2020 08:13

I can't help feeling something has changed between Newcrest and GGP.Scallywag has always been 100% owned by GGP and wasn't included in the j/v area.Now all of a sudden there is this thing with titles held in trust etc.I can understand the j/v area needing to reflect the 40/60 ownership for mining purposes, but where does Scallywag come into this?I'm not sure what the market thinks of it either.

[johncasey] 09/6/2020 06:33

i think primorus will start catching up now..late trade broke 3.5 resistance

[1gandhi] 09/6/2020 06:25

Patience...

[pr0t0n] 09/6/2020 06:07

Ok TW, I got it now.
Mining lease first, transfer back interest/title to GGP of the Scallywag
and after that heritage licence and drilling.
Legal gymnastics :-)

[pr0t0n] 09/6/2020 05:54

Let me listen to again TW,

[timberwolf] 09/6/2020 05:52

IMHO, I'm not so certain on that now pr0t0n. As 1gandhi says, and as many of us I'm sure also picked up yesterday on in the brr interview, GH did appear to back off somewhat in his wording and usual enthusiasm at the end of the piece when talking about Scallywag drilling. "Later this year" is very different from, "in a couple of months." I appreciate that he said that it wouldn't affect Scallywag, but clearly he wouldn't want to spook the market.

I'm not particularly concerned though, in the overall course of things, but could it possibly be the case that they won't now start drilling until the 40% transfer to Newcrest, which also covers Scallywag, is legally removed? There may possibly be legal reasons for not being able to start drilling until then. It's just a thought, no more than that! I'll probably be proved wrong! :-)

It'll be interesting to see. Maybe the guy at Proactive will be able to get something more out of him on that when he's likely to have another interview after the expected Newcrest interim exploration report later this week.

[pr0t0n] 09/6/2020 05:03

Cheers 1G, just listened to BRR
Waiting for heritage clearance, once received they`ll start drilling Scallywag,hopefully in the next couple of months.

[1gandhi] 08/6/2020 20:34

Hi Unknighted. I was particularly surprised by GH’s comments in the brr interview today where he talks about Scally work commencing later this year. Did not sound imminent, even though Martu and Covid issues appear to have been overcome by and large. The coming months are after all peak mining months.

[zooman] 08/6/2020 20:29

Spy, it building up to be a dam good party. :-))Zoo