Griffin Mining Share Discussion Threads

[millwallfan] 14/1/2019 17:37

Rose. As long as they move as per last few days in an inverse relationship we can only hope there will come a time when zinc reverses but GFM won't and the basic laws of positive correlation will apply.

[rose_by_another_name] 14/1/2019 16:49

What do you want to hear?

I could point out again that the PoZ and
the share price are moving in opposite directions,
but there is no one to become enraged
anymore.

[alangrifbang] 14/1/2019 16:25

Yes indeed phillis tax bills don't get any easier and I'm sure when we were younger they didn't come round so quick! Good luck.we haven't heard from rose for a while.

[millwallfan] 14/1/2019 14:39

If you read back over my posts from several months ago I have posed the question several times that I think an MBO is a distinct possibility when you look at the total percentage held by a select few shareholders ( who are closest to the true realisable potential of the company). In one post I even gave some figures of holdings and an estimate of what funding would be required to obtain a controlling interest. If this is on the agenda we would need one of two things (or indeed both) - other shareholders to hold out for a significant premium (for me £1.75 minimum) and/or a bidding war with other mining majors interested in zinc entering the fray.

[phillis] 14/1/2019 14:37

alanG

yes indeed
tax bill to pay at month end!

[up just a little bit] 14/1/2019 14:09

Usdan is holding over 19%.Griffiths holds approximately 10%, coupled with some original 3.5p holders I would say any bid would have to be substantial aside from the fact that GFM holds no debt.

[zooman] 14/1/2019 13:21

I suspect there could be talks about a T/0.I had a conversation with RG a few years a go as to what constitutes a bid. If there is a conversation where a party says we may be interested but no financial offer then thats just a conversation. Indeed if I called RG and said I wouldn't mind owning GFM it doesn't make a reportable offer. However if figures are mentioned then that leads to other processes. I would not be surprised if there have been conversations but as to what level? If I knew that I would be a happy chap. ?Time will tell!

[leopoldalcox] 14/1/2019 12:22

2 days of strong price movement here.I'm confused as to why. Zinc remains weak, so it can't be that. In fact Chinese data has been pretty negativeCould some party be building a stake?Leaked news about 2nd license or a dividend policy?Can't wait to find out!

[alangrifbang] 14/1/2019 09:19

There we are phillis it's reached a pound,!

[alangrifbang] 13/1/2019 17:51

And who do you think is going to listen to us !

[burnchat] 13/1/2019 16:54

Guys

I can't tell you how important it is that radio silence is maintained at times like this... Can we please keep it down.

[millwallfan] 13/1/2019 15:46

Hi Alan, so do I as my portfolio is circa £60k down predominantly I believe due to the uncertainties of Brexit, which of course has no or minimal impact on Griffin. A return to £1.50 plus in 2019 would certainly help !

[alangrifbang] 13/1/2019 15:12

The board will only release a statement only if they are pushed all the way,I'm not really feeling positive because it will never be as good as what you are expecting ,there is always a sting in the tail,I think I have held them for too many years .i remember many years ago we got a three pence dividend everybody got really exited ,and that was it ,nothing since,anyway millwallfan I hope you are right,

[millwallfan] 13/1/2019 14:36

Very quiet on this board despite a retrace from low eighties to high nineties- probably to be expected as we all wait with bated breath for the y/e 12/18 trading and profit figures. IMHO our P/E ratio is still very low for a profitable debt free company with documented potential upsides albeit a long acknowledged negatives of operating in China and absence of dividend affecting investor sentiment. Reasonable Zinc recovery and licence news must surely move us towards an industry median p/e which would undoubtedly put a smile 😊 on even the grimmest of current shareholders faces.

[zooman] 09/1/2019 22:44

Happy New Year to you as well CD. You just have to look at our so called leaders on both sides in the house. So what chance is there here. ??

[burnchat] 09/1/2019 21:51

I'm not sure he is well read on the operation of SHOE but he regularly doesnt talk to the share holders who are stuck on the bottom of his...

[burnchat] 09/1/2019 19:29

Well Alan/MWF in my vast experience people who live in very dark places are best left in very dark places... or in other words you get nowt for nowt. AKA the riddler

[millwallfan] 09/1/2019 19:26

Burnchat is to bulletin boards what the riddler is to batman

[alangrifbang] 09/1/2019 19:17

Well burnchat are you going to enlighten us or have we got to guess,

[alangrifbang] 09/1/2019 18:58

You could get your pound soon,are you still going to sell,or wait for news,

[burnchat] 09/1/2019 18:56

Well I know why the share price did what it did today, i'm very disappointed that nobody else would appear to...

[rose_by_another_name] 09/1/2019 18:36

Spot the incongruity-

"hence the reason I never post on this board anymore"

[phillis] 09/1/2019 18:31

bye neville
time for Winston to take over

[millwallfan] 09/1/2019 17:32

Rose. The info I’m looking at shows under 180,000 shares total traded today so highly unlikely to indicate insider dealing - had there been one trade of say 500,000 it might have raised a few eyebrows!! As such let’s just hope it’s the start of better investor confidence in a debt free , profitable mining company with sound fundamentals and growth potential.