Greenroc Mining Share Discussion Threads

[jwoolley] 07/2/2022 12:26

"It is not in itself a reason not to invest."

Agree it's not. But I do think the raise will probably be below the current share price and I can't see anything at the moment to improve the share price significantly.

So it might not be a reason to invest, just yet??

At the moment, I feel the slide needs to steady a bit, then it might be worth dipping a toe in.

Just my thoughts.

[sicilian_kan] 07/2/2022 11:53

Hi jwoolley, thanks for your posts. I think that most AIM stocks intend to raise funds around once a year. That is the purpose of the company being on the stock market in the first place. It is not in itself a reason not to invest.

In this case, the price is so undervalued. And importantly there is key resource estimate news due before any funds need to be raised, so hopefully there will be a significant rise beforehand.

[jwoolley] 07/2/2022 11:33

Have you looked at any copper stocks? Copper is also needed for EV's.

[jwoolley] 07/2/2022 11:32

I've been watching this with interest s.k. since its listing. My initial thoughts whilst watching it slide, is that it isn't going to be too long before they start to look at more funds. Possibly by mid year. This has been my only hesitation of dipping my toe in here. What price will it be by mid year with nothing to note to get the share price moving north by then? At the moment, it's anyone's guess.

Many that for the thread

[ryanrhys] 07/2/2022 07:57

Falling to 5.7 now, wow this nose dived quicker than a seal chasied by a shark lol....!?

[sicilian_kan] 06/2/2022 21:29

Here is another interesting read:

"Seemingly on a weekly basis, we read reports of Tesla lining up new sources of raw materials around the world. The latest news comes from an Australian firm called Syrah Resources, which has signed a binding offtake agreement with Tesla to supply natural graphite"



The graphite that Tesla is buying is coming from medium grade graphite (16%) mined in Mozambique.

Greenroc has much higher grades and is closer to the US and Europe. With the sheer demand for graphite and with the Amitsoq resource estimate coming out later this year, I think Greenroc is one of the most undervalued shares on AIM.

[sicilian_kan] 06/2/2022 21:12

I've put some work into the header to give as much information as possible. If I've missed anything or if you have any suggestions or corrections, do let me know.

Best wishes to all.

s_k

[sicilian_kan] 06/2/2022 21:11

Hi all, I've done the new thread that I promised some weeks ago. You can find it here:



Do use the new thread if possible. I've put some work into the header there to give as much information as possible. If I've missed anything or if you have any suggestions or corrections, do let me know over there.

Best wishes to all.

s_k

[sicilian_kan] 06/2/2022 21:03

Hi all, welcome to the new Greenroc thread. All posts welcome, positive and negative, as long as reasoned.

[ryanrhys] 05/2/2022 23:38

5.8 and only heading down, how much did you loose on this lame duck lol!?

[ryanrhys] 31/1/2022 19:10

Down you go!?

[ryanrhys] 28/1/2022 06:01

GreenRoc has fallen even more, nobody even cares about their assets.....!?

[birchin] 22/1/2022 19:09

https://youtube.com/channel/UC6I1y1UsuLmA6gycVI23xyw

[bobdown2] 13/1/2022 09:10

Scalpface. Just checked your profile.
Sorry about the filter.

[ryanrhys] 12/1/2022 15:41

What was the point of that pointless RNS today!? Another closed doors Q&A!?

There's very few shareholders because they failed to sell the stock and we all know they aren't fast tracking or even developing a thing in Greenland.

Sort of thing a failed company does to avoid embarrassment and try save the company from certain death!?

GreenRoc is a total scam!?

[ryanrhys] 11/1/2022 16:22

What news....!? Been ten years and no news, no Tesla, no interest and it's in the middle of nowhere and nowhere near any refinery so uneconomic at best.

It's not world class if the world dosent want it now is it!?

GreenRoc is a failure, it wasn't selling that brought the share price down it was lack of people buying in the first place creating massive overhang.

Nothing will ever happen, they never raised £5 million or would be going in hard on at least one asset and after a year or so they will loose these altogether as required spending by Greenlandic government and the odd drilling eat the very small fund they do have.

No one wants these shares either, few sold and now we see they are of no value to anyone not even Alba that hold the bulk.

A failure for Alba and a total failure overall....!? Think they just spoke about fast tracking to sucker you in, no fast tracking is planned and slow and crashed is a more real analysis. You lost your investment sorry, sell now or watch it become completely worthless!?

[bobdown2] 11/1/2022 12:10

Normally buying below what a director buys at is good business. Here?? Maybe not yet. However the selling has not quite finished, but it is negligible. The funding was at 10p and 6p has been reached.
With some world class mineral fields and good news could lead to a decent rise in the price.

[ryanrhys] 11/1/2022 09:42

Can't see this going anywhere but lower, will it drop in to the fives soon!?