Griffin Mining Share Discussion Threads

[rmjones] 08/8/2019 12:07

.. bought 40,000 at 90p well short of my original holding. Hopefully some profit taking towards end of day giving another buying opportunity.

[rmjones] 08/8/2019 12:02

"Under the current legislation, the MNR should provide its approval and issuance of the new mining licence within 40 days of today's lodgment date"


So I think the word "should" is the questionable here... however, I am forced into thinking positively.

[rose_by_another_name] 08/8/2019 11:56

I see no reason to phone unresponsive
board members. You claim to know something,
but will not tell. What is wrong with you?
Not the actions of one who claims to be a
caring/sharing helpful forum buddy.

[zooman] 08/8/2019 11:51

Rose phone them and ask if you are concerned about it. I'm not worried about any of it. This will support the poor results and hopefully ease the effect.Zoo

[millwallfan] 08/8/2019 10:00

Simple solution to that - chinese agree to buy all the gold as they already stockpiling. Win win

[rose_by_another_name] 08/8/2019 09:57

Will the licence over a new area
affect the rumoured limit on how
much gold Griffin can sell? More
will be processed, with more ore
being run through the mill. And
again, is the limit expressed in
amount (weight) of gold or the
value?

[millwallfan] 08/8/2019 09:55

I think results tomorrow or Monday latest. In some ways the poorer the results the bigger the drop which for some may create a buying opportunity (watch for director / major holder buys ). Yes it is not 'approved' but would be a poor show if rejected now. As I have mooted many times before the fundamentals of being debt free with strong JORC figures and rising POG then barring a major mining accident the only key factor will be the cyclical POZ. ALAN - remember our challenge a few weeks ago on gfm future price - be interesting to see your broker forecast now - doubt very much 67p lol

[goodbloke1] 08/8/2019 09:38

Never seen such ecstasy given in an RNS!

[rose_by_another_name] 08/8/2019 09:36

Ninkov has spun it as if this was what we
have been waiting for, but yet again, the
reality is that we just have another promise
that the licence is coming. At least this
time there is a definite time frame, and
the prospect of more positive news when
and if the grant comes through.

[montyville2] 08/8/2019 09:33

Hahaha...as a holder I am pleased , but the wording of the Notice did make me smile...just a bit OTTTTTTTTTTTTT!

[rmjones] 08/8/2019 09:30

..after such a long wait, I am still not convinced the carrot has fallen off of the stick.

[mariopeter] 08/8/2019 09:28

Yes I am extraordinarily pleased for holders here too.

[phillis] 08/8/2019 09:22

Yes they will be pretty horrendous
Why not?
With all that jam to come - sometime

Time for some new Board options for a job well done.........

[gailes5] 08/8/2019 09:18

While I am no longer a holder I am extraordinarily pleased for those that remain and share their great sense of joy and couldn’t be happier on this particularly momentous day. Dikov shouldn’t be allowed anywhere near a keyboard.
However, I am sure you would even more joyous if some mention was made of the forthcoming figures.

[up just a little bit] 08/8/2019 08:57

Alan, my head fits through the door just as yours did 6 months ago.

[rose_by_another_name] 08/8/2019 08:53

A bit like the last news on the licence,
that propelled the share to £1.60, but
turned out just to be another promise
that it was coming. We may get another
announcement within 40 or 50 days that
the licence has been granted, or it
is still possible that it will be turned
down.

[alangrifbang] 08/8/2019 08:51

Up,how do you manage to get your head through the door !

[sageman] 08/8/2019 08:50

Took advantage of the spike to sell 15000 leaving me with my core 66000 that I have held for ages and don't trade. I expect poor results given zinc and the license actually isn't approved yet. Spike today is thus far only back to low 90's where I unloaded before. Would like to see some detail. How much have GFM had to spend? What conditions are attaching to the license? What are the precise terms? Very positive news....I had nearly given up hope of the license.

[rose_by_another_name] 08/8/2019 08:49

Certainly good news, but not actually the
GRANT of the licence.

[up just a little bit] 08/8/2019 08:39

For all the long-term holders who got rid of most if not all their shares in the past month I expect that you will be buying back as you know what this news means and where the price is going. All the cycles of the price of Zinc coupled with the dwindling Zinc stock. £1.60

[up just a little bit] 08/8/2019 08:32

I expect phillis is happy for the long term holders like me who did not sell out and also that they did not sell all of their shares.

[up just a little bit] 08/8/2019 08:29

Top of the London gainers board

[alangrifbang] 08/8/2019 08:26

Why are you happy phillis,like me you sold most of your stock,