Greenroc Strategic Mater... Share Discussion Threads

[dave4545] 03/12/2021 09:24

7-7.5p

Offering 6.975p online

[dave4545] 03/12/2021 08:25

I think the buyers at the bell were unaware of the huge overhang.

Yesterday you could buy as many as you want at 6.5p so the mm's tried their luck on the news and spiked it to 7.5p and now it's going quiet the price is going to drift back

It's already back to 7.05p offer, I might buy some back sub 6.8p after this news

[bill hickman] 03/12/2021 08:21

Great drilling results.

[bobdown2] 02/12/2021 16:08

A 300k trade gone through. Its like the ipo went through a bucket shop. There needs to be more good news to put the ipo shares out of their misery. What a great resource asset though.

[bill hickman] 02/12/2021 10:38

Thanks for your thoughts Bob. Yes I know winter in Greenland will be a factor but I'm not so sure the new Covid variant will have much impact.

We will see.

[bobdown2] 02/12/2021 09:35

News could be piecemeal at the moment. Snow and wet weather will allways slow mining down the new variant that transmits 5 times faster than the delta one has to be watched.
The drones could be next up. But we need to see where the new virus takes us first.

[bill hickman] 01/12/2021 16:18

Bob do you have any thoughts on how soon we might have any updates on any of the projects ?

[bill hickman] 01/12/2021 16:05

I agree Bob and don't understand the logic in selling at this level.

We know they have sufficient funds for the foreseeable, so as long as they have some positive news for the market in the coming weeks, months then even if we are not quite at the bottom we must be close.

It's good that the company has more than one string to it's bow.

[bobdown2] 01/12/2021 15:37

My sentiments bill. I just wondered why someone was selling so far under the ipo price. There is normally a bit of a discount to get an offering away.

[bill hickman] 01/12/2021 14:39

With some good news released this could turn around very quickly.

[bill hickman] 01/12/2021 14:27

Are you looking at the two 85k trades Bob ? If so I don't think so, I think they are two buys as both at the same price and a little to far apart time wise to be a bed and ISA IMO...... I could be wrong.

Whatever I thought worth dipping in today as been watching for a little while I decided they may have hot the bottom...... There again maybe they haven't !

[bobdown2] 01/12/2021 14:13

Someone has sold and bought back.
Isa. For the longer term

[bill hickman] 01/12/2021 08:54

Decided to take a few of these today. Buys being listed as sells.

[bobdown2] 28/11/2021 14:53

4545. Profile and filtered.

[bobdown2] 25/11/2021 11:13

Great price but the selling continues. Make a mental note of this share price it will be a level of one type or another when the share price does move.

[ryanrhys] 23/11/2021 09:55

I see Greenland is kicking out companies that don't develop their liscences.... Hopefully GreenRoc gets kicked out too. Nine years GF has held graphite, over five ilmenite and has done nothing at either of them.

This timeframe qualifies the Greenland government to pull the plug on them now.

1) GreenRoc didn't sell much of its shares through IPO seeing a massive drop.

2) They haven't done a single bit of development just drill and talk rubbish about markets that are passing them by.

3) GreenRoc is now obviously a complete failure, Brokers might pull the plug on offerings l.

4) This looks like it could crash out all the way down to say 0.01 even lower. There's no value here!?

[ryanrhys] 22/11/2021 13:32

Market games, no one bought or sold those shares.

As to GreenRoc it's pretty much over for the company, wouldn't like to be the broker holding the majority that's for sure....!?

[dave4545] 22/11/2021 11:19

250k available at 6.53p

250k was sold on Friday at 6.2p miles below the 6.5p bid at the time

[ryanrhys] 22/11/2021 11:08

The spinoff failed, the price has crashed and will a lot more.

There's no positives here it's game over a complete failure. The plug will get pulled when it falls more!?

[bobdown2] 22/11/2021 10:07

News from alba this morning is extremely promising that add other minerals into the mix.
Both mines look good and both now look extremely positive. At the moment I only hold alba but I have already posted that the groc ipo has created a buying opportunity here
A 30% discount to the ipo price.

[sicilian_kan] 22/11/2021 08:09

I bought just over £15k here on Friday, at rock bottom prices. It is way, way oversold and close to cash levels for a high grade project in a safe jurisdiction in a hot sector. I think we are at the bottom but if it goes lower I will add.

[ryanrhys] 22/11/2021 06:08

GreenRoc - Has become a total failure, not only has it dropped almost 40% in the short time it's been listed but it looks to want to drop much much much more probably crashing out like these Alba shares.

I did warn that it wouldn't sell and it's value plummet, this now the reality, and that these assets had no interest from the wider market meaning they will stay barren patches of unwanted land for decades to come.

Greenland is not very attractive due to it being in the middle of nowhere and having little if not no infastructure to support big mines let alone small.

Alba - Clogau has become an abstract failure, they say there's massive lodes', twenty gold targets and waste pits full of riches but after four years and a fully functional wash plant they have produced nothing, not even a gram.

It seemed after big promises to run the wash plant and high grade concentrate that proof was not to appear and as such almost all have sold out seeing over 70% loss in share price.

Cash & Assets - Alba hold less than a million, most of that already gone on wages and previous studies. Greenroc shares are now worthless and there's no buyers whilst it's only other asset Limerick is a dead dog zero value asset.

This now leaves a total mess of a situation, if Alba collapses it has no assets worth anything from liscence to shares in GreenRoc. Greenroc has a small balance of maybe £4million but without interest this will be gone on wages and studies within two years.

My suspicion is that GreenRoc will become the new vehicle and Alba left to fail, this is the only company left which can afford to pay a wage but since it's.value is being stripped to nothing once it's cash has gone it will be in a terrible position unable to raise cash or proceed.

I guess for investors the gigs up, none will make a single penny and all will loose most of what they put in. There will be no bounce as simplistic rampers like to quote only downward losses continuing to deplete both your cash and the company.

GAME OVER!?