Griffin Mining Share Discussion Threads

[up just a little bit] 09/10/2017 08:17

Good start to the week.

[mad foetus] 08/10/2017 15:14

Isn't the next news gonna be licence extension for zone II?

[keya5000] 07/10/2017 19:14

Gary did the same last week. They should if it's trading ahead of expectations produce an interim statement. Would make sense.

[gary1966] 07/10/2017 17:35

Pyglet,

Yes full year results end of April if history repeats itself. However they issued a trading update early July in respect of the half year and I can't see that they have done that before. Hoping therefore that they will release a trading statement early January in respect of the year end figures and so hopefully we won't have to wait until April to have confirmation of how good the figures are going to be this year. I have e-mailed the company to ask if they will be releasing a post close update. If I get a reply I will post.

[mad foetus] 06/10/2017 16:13

Bought some more, that's my lot. GLA

[pyglet] 06/10/2017 14:48

you can tell when i bought today - look at the chart - just after 11am - Doh! every time.

[ileeman] 06/10/2017 14:28

Any close above 73p resistance and it runs significantly.

[return_of_the_apeman] 06/10/2017 14:07

Lol - I also nearly snapped up the last lot at 74 at open but decided I was going to wait until this closes above 75p, as this looks nailed on for a confirmed breakout at close I was happy to top around the 78-9p mark

Gla and good to see you here pyglet

[ileeman] 06/10/2017 13:40

Well I tried buying more into the close yesterday but they had no stock, suprisingly they had some stock on the open at 74p.

[gary1966] 06/10/2017 13:22

iLeeman,

I thought I was safe to buy as I thought you were only adding on a pull back. :-) Was a little surprised to be offered that price in the first 5 minutes of trading I have to admit. At the moment it was the right thing to do but let's see if I will be saying that in a months time.

[ileeman] 06/10/2017 12:16

So it was you Gary! I tried buying more around 74p first thing but someone beat me to it.

[gary1966] 06/10/2017 12:08

ROTA,

CAML's purchase of Lynx was based on 2016 prices and in this context looked at the top end of the valuation spectrum. At this years prices I am fairly certain the price paid would be at the lower end of that spectrum. As 2016 prices are irrelevant it may be worth looking at 2017 multiples if trying to determine the going rate for resources.

I hold both, having increased my position here first thing at 74.2222p, and am happy to do so for the foreseeable future as I believe both companies to be substantially undervalued. I believe we also have ARS and HZM in common as well, that are at a different stage in the cycle but whose stories look equally compelling but need time to blossom.

GLA

[pyglet] 06/10/2017 11:39

Just bought in on the back of "ROTA"s excellent research. Can see a rise to at least £1 near term, although looking at the history - full year results are round about early April.
Thank you.

[jswjsw] 06/10/2017 09:33

Very surprised no broker upgrades here. So we still have:
Cantor Fitzgerald 104
Panmure Gordon 93

Across-the-board BUY consensus, however, so it may probably still be time to buy!
j

[return_of_the_apeman] 06/10/2017 09:13

Bought another two lots of 5k, resistance is broken and forward pe of 3 for next year, results not far away

[mariopeter] 06/10/2017 08:45

They can have mine today for £1.50.

[mad foetus] 06/10/2017 08:43

Looks very strong, the top ranking on stockopedia has to help

[ileeman] 06/10/2017 08:43

Major yearly breakout, should see big jumps over the coming days/weeks.


free stock charts from uk.advfn.com

[quepassa] 06/10/2017 08:42

I see Syphilis Phil, the juvenile troll has appeared
Sorry all

[phillis] 06/10/2017 08:26

Wyken
Hope you have a bag full!

[up just a little bit] 06/10/2017 08:25

Will be happy for a hold of 70 at the close of business