Griffin Mining Share Discussion Threads

[arphillips] 17/6/2020 15:09

For you GGP/SVE investors, who might fancy another small cap gold play, it looks like ALTN may be starting to move higher again. Large spread and high risk/reward but with price of gold remaining above $1700 oz and production increasing, I'm optimistic.

[alangriffbang] 17/6/2020 15:03

you can see what we are up against zoo , he is a total moron , no wonder he is Billy no mates ,I guess he has done this all his life that’s why he is all alone with his pretend life ,nothing is real in his world , the rest of us respect one another and are kind ,I know who I would rather be ,

[zooman] 17/6/2020 14:02

Dow pre open looks up, lets hope it add some impetus here.Zoo

[alangriffbang] 17/6/2020 13:52

well done zoo, I just noticed that starvest has dropped to 12. 5p I really don’t know whether this is cheap or not ,it’s clouded over now but very muggy ,our market is rising up now a but can’t work out what Wall Street will do, but whatever it will affect our market ,interesting about the oil isn’t it ,I think it will be a while till tullow rises again ,good luck

[arphillips] 17/6/2020 13:29

A - I think GFM is going to drift along in the 40's for sometime unless there is transformational update. The update could have been much worse. Can't see much downside as the Company has substantial asset backing but always the risk of a second peak of the virus. Really just a continuation of the waiting game.

I'm very pleased with Drax and also LGen has performed well, both benefiting from retaining their dividend payments in these uncertain times. I've been invested in Bango in the past but unfortunately mistimed my entry point.

People are becoming increasingly relaxed out and about at the moment, so stay safe.

[rose_by_another_name] 17/6/2020 13:29

Post away. You keep threatening to do this as
if I would care. I stand behind the post. You
will make yourself look even more foolish, which
is also fine by me.

Trump's executive order has the force of advice.
He has no control over city, town, or state police
forces. In California, the state legislature passed
a law making it illegal for the police to cooperate
with Federal immigration officers. Trump is against
that, and has challenged the law in court, but has
been unable to change it. States have powers that
the Federal government cannot supersede.

Your "friend" alan has thrown you under the bus. Your
argument that he can switch the filter on and off to
see some of my posts when he makes his blind responses
is belied by his own words above, "I make sure I can
never read a single post on here". So either he is
lying or you are. Probably both. Yes, both.

[zooman] 17/6/2020 13:13

Rose. Managed a few circuits weather closing in had a good ride as well. You are you playing in the sandpit.Now I wonder if its time to repost your post slagging everyone off.You say trump has limited control over the police. Really? Clearly he does have some. BBC News - US police reform: Trump signs executive order on 'best practice'https://www.bbc.co.uk/news/world-us-canada-53069984

[alangriffbang] 17/6/2020 13:07

hi zoo I’m sorry you have had to put up with all this dross ,I think our troll is more sick than we imagine ,what a life day after day looking at four walls and upsetting anybody on any site ,I make sure I can never read a single post on here ,I would rather watch some paint dry ,hope you’ve had a good morning ,

[alangriffbang] 17/6/2020 13:02

ARP a very good post from you again ,I see drax is up to £2 40p a very nice profit and a good dividend , bango has flown since I bought them and I still think they are cheap , good luck to you and keep safe ,

[alangriffbang] 17/6/2020 12:59

I’ve just got back from a nice long walk on the prom and what have I missed NOTHING ! just the usual moaners Punch and Judy and Gailles , looks like we have a long wait to buy more GFM shares , I will hang on to the small amount I have got ,

[rose_by_another_name] 17/6/2020 12:30

Never seen you try it, zooperson. I see
continual references to how you are
supported by online "friends" and how
I am "billy no mates", as if that made
some kind of argument.

[rose_by_another_name] 17/6/2020 12:27

Griffin is essentially a holding company.
They could stop sinking funds into Hebei
Hua Ao and start buying into GGP. If China
want the investment, they can grant the
licence.

[zooman] 17/6/2020 12:23

Rose I am well capable of standing on my own.

[rose_by_another_name] 17/6/2020 12:21

Further exploration would probably be a waste
given the Chinese foot-dragging on the licence
for the well-explored zone II. Remember when they
tried to take over a project in Canada? Fell
through, but couldn't have been any worse than
buying out the JV partner turned out to be. Maybe
look outside China for any further investment.

[phillis] 17/6/2020 12:13

Thank the Lord for our Directors (even if the syntax is a bit mangled!)

"At the Company level, thanks must be extended to the prudency of the directors with their long experience in the mining sector and the nature of the cyclical nature of commodities who only allowed debt to be incurred at the operational level to build or expand the operations at the Caijiaying Mine. Retained earnings, which also could have been paid out in dividends, were retained for the same capital needs. In addition, borrowings were never taken at the Griffin holding company level to buy back stock, something which will not only bankrupt a multitude companies, but also many industries, including the US Airline industry, without massive government assistance."

No net cash generated in second half
Much larger expenditure capitalised in mining operations
Giving up on further exploration

[rose_by_another_name] 17/6/2020 12:10

Don't worry about it gailes. Zooperson
needs a posse behind him, like all bullies.
That's why he schmoozes the useless alan,
who is about the only one to join in with
his crusade. Both of them hail anyone else
who filters me as a new addition to their
tribe.

If only they had confidence in their own
personae, they would not feel this drive
to recruit.

[rose_by_another_name] 17/6/2020 11:59

Seems the initial reaction to results is
reversing. IG say no trades today on their
platform.

[gailes5] 17/6/2020 11:35

Not that keen— apologies

[gailes5] 17/6/2020 11:34

Zoo,
I am not fully aware of the Iii posters allegedly attacked by Rose. I certainly remember words between Cd and Alan but can’t remember if I responded, rather think I did as I was that keen of the boasting that was coming from both of them. I don’t think Rose had a go at me, but could be wrong.
I would have thought, if you ever actually properly read other posts, that you may have twigged I have not exactly looked the other way in our charming little exchanges.
.

[zooman] 17/6/2020 11:16

Gailes, you say I'm a bigot however please tell me when Rose was attacking ex iii posters, what did you do? You wont answer, so I shall tell you. You did nothing. We see a lot of that theses days.You seem to be the sort of person that looks the other way when they see something thats not nice That makes you far, far worse than you calling me a bigot. I wind Rose up because he's just a nasty idiot, hence he's also ignored on other BBs. He seems to love bragging as well, So what, if he has what he says, fine. But his posts and attitude kind of suggest its not true.Just something about GFM looks like the wise money was correct to leave.Weather is looking good so of on the bike to the airfield for a jaunt.Zoo. :-)))

[rose_by_another_name] 17/6/2020 11:01

So you think that GGP will be driven out of
Australia?

[gailes5] 17/6/2020 10:42

Pompous- that’s a new one, never been called that before. Can’t really see why my posts on the figures and the delightful Alan could be called by that description, but of course I must be wrong as you are always right. Pip Pip.