Greenroc Mining Share Discussion Threads

[ryanrhys] 10/3/2022 20:11

And the MMs are now spiking this to fall and make more cash since it's stayed so stagnant. Another dead cat bounce like with Alba.

I'll wait and certainly as with Alba will also have the last laugh here as well lolol!?

[mrmark1] 10/3/2022 13:23

Why can I not see Ryan's comments now?I heard this morning the market was short after the IPO and with margin calls. Wonder if true and whether those shorts will close with positive newsflow

[sicilian_kan] 10/3/2022 11:48

Great to see this picking up. Still massively undervalued here. Remember the IPO was at 10p and the resource is now way ahead of expectations then.

[bobdown2] 10/3/2022 11:06

More shares on offer than I thought this morning. Buying has been good though. 6.00 v 6.50. It would be nice to see the bid rise now..

[bobdown2] 10/3/2022 09:35

Just bought 13k. They should now be short of stock. And I now have a position in a potential world class asset at rock bottom prices. Maybe the word rock should not be used.
What I will add. This mornings activity has taken my mind off the horror of the genocide in the Ukraine. And my share isa is showing huge losses. But I feel I am lucky. Good luck to all investors invested for the upside. The world is an unpleasant place at the moment.

[bobdown2] 10/3/2022 09:21

Miscalculation. 27,000k bought before my last trade.!! 13k left.

[bobdown2] 10/3/2022 09:19

Just bought another 10k. But they will still sell another 10k. I do not have level 2 . Maybe it's one for later.

[bobdown2] 10/3/2022 09:12

Bought 10k at 6.189. No props. BUT.!!
There has now been 37,000k of buys today and that will leave 13,000 of the 50.000. I am tempted to buy another 10,000 because that will only leave another 7,000 available.
Time to try my theory. Back in five.

[bobdown2] 10/3/2022 09:00

Yesterday ..I had to split my buys because of no trades being shown. The ukrain conflict is horrendous but sometimes you have to invest for the future. It looks like the worst of the ipo is over and the small amount of shares in issue will push the share price up on any buying. I am looking at another 10k

[ryanrhys] 10/3/2022 07:25

They haven't even got Jorc, the code would require more independent testing and associated peer review. Such a scam, you think you can do a few drills then claim a certain purity and Jorc but fail to give dilutions and mineral mined resources. If anything they just inferred this themselves in house and that's not how you get a real Jorc code or resource.

Again just pulling fancy words out, irrelevant studies and getting zero peer acknowledgement which is what a proper company would do.

What a farce no wonder they have no interest and it's a complete failure. Even getting market acceptance is impossible since the market only values you at the license or what we call book cost and not on these so called resources!?

[ryanrhys] 09/3/2022 23:00

Greenrocs complete failures -

1- IPO failed

2- Didn't raise £5million and the small amount they did raise went back to Alba

3- They had to spinoff or they would loose the lot due to inability to afford current years Greenland government required spend commitment.

4- Failure of the IPO to sell meant it's crashed and will crash further since most shares remain and still remain unsold

5- They promised fast track but are going slower than ever and have no fast plans just the same old tacky rubbish i.e. drilling and speculation.

6- Already cash strapped, no money means they can't do any real development

7- No market interest, no other company wants anything to do with them and they are dead in the water

8- These plots of land are tiny, already reduced and so far from infrastructure, markets and anything no one cares and the market already super saturated no one needs their minor small reserve.

9- Graphite mines are next to processing plants, hundreds of millions in pounds needed Alba and Greenroc simply dream and ramp but the reality is it's a failure already

Most are heavily down, GF is simply a fraud, they paid ten times more on wages than development and after years of saying how wanted their assets are not one company or market has paid any interest suprise suprise.

[jackshaft60] 09/3/2022 14:54

What a great maiden resource on Amitsoq... and only have the target area which if the second half is a good as the first... means roughly 18 Mt on the island at 20%, with Kalaaq to come... this resource could look similar in size to Talga (which I might point out has a market cap of nearly USD 500 Million!

TBS is also a fabulous project - already has a resource - and they are just waiting for the drill results for this year.

This new guy, the CEO, is different. He is I understand a mining engineer and a mine builder... he is likely to be focussed on getting the mines built...

I can't say more - except to say... I think this is a really good bet.

[sicilian_kan] 09/3/2022 14:49

Thule Black Sands, Greenroc's second flagship project (and first likely to production) is an ilmenite project.

China is the largest ilmenite producer in the world and Ukraine is the 6th largest ilmenite producer in the world. The need to diversify (from China) and substitute (re Ukraine) will only increase the demand for good projects like Greenroc's.

Just like with graphite, Greenroc are holding the right projects, in the right locations at the right time. And they are massively undervalued.

[bobdown2] 09/3/2022 14:23

Shares in issue 110 million. Market cap 6.6 million pounds. Shares first issued at 10 pence. Read the rns.
There is a world class asset here for what is peanuts.
And at the moment Greenland is away from the conflict.

Buying today suggests it might just continue.

[bobdown2] 09/3/2022 14:08

Just added 15000. to 15000. It took me a while as I kept getting no trade.
The price has risen whilst I did it. But it was a couple of larger trades that did the damage.
Iv4 been keeping an eye on the ipo sells for weeks. I think that they may have finished. 10p is now the next step.??

[ryanrhys] 09/3/2022 06:19

Have you googled how IPOs work yet and why when they fail to sell they crash!?

Still here waiting for you to work out that Greenroc barely sold and why they didn't raise the £5 million you and that lying Greek smelly rat GF reported they did!?

Simple to research and answer, seems like I'm dealing with complete thickos if you can't work out that there is no £5 million and were months of Greenrocs yearly financial statement when by law they have to admit the lies they published before even any shares were sold!?

Tick tock tick tock!?

[sicilian_kan] 09/3/2022 00:36

10 min interview with Greenroc's CEO re yesterday's news:

[ryanrhys] 08/3/2022 21:01

The IPO didn't sell so they didn't raise much, why it fell so steeply, any investors with a brain will tell you exactly the same as will any Google search on the subject. Quit lying and ramping you idiots.

But even worse they have held these empty tumbleweed plots of land miles from any population, infrastructure and thousands of miles from markets and offtake processing for a decade.

Nobody wants it, it's a minor reserve and in that time major mines and producers have flooded the market.... Why you think it's had no interest or investment and never will, simply a pump and dump rinsing all your cash paying massive wages.

Go check I'll wait for you to educate yourselves!?

[sicilian_kan] 08/3/2022 13:42

September seems about right to me for the 2023 workplan to be funded - they did the raise for the 2022 workplan in September last year with the IPO at the end of September. We do have more significant news due before then too.

When it sinks in that there are two really prime projects here that will each dwarf the current market cap, there will be traction. One of which will be easy to develop and the other of which will find it relatively easy to get an offtake agreement to help fund the project. Today's news really is the first stage of building up this picture and showcases the graphite project whilst impressively meeting the top end of exploration target with less than half the project drilled to date.