Griffin Mining Share Discussion Threads

[arphillips] 23/2/2021 16:09

TA - Ooo you are awful!

[up just a little bit] 23/2/2021 16:07

"so are you expecting the share price to rise"

[up just a little bit] 23/2/2021 16:06

I also received that maiden dividend and would not mind seeing one again. So you expect the share price to rise after the IG sellers have completed?

[alangriffbang] 23/2/2021 16:00

zoo yes and I was one person who received it everybody was really excited and there hasn’t been one since, I really don’t need them to pay a dividend , preserve all the money just in case, just sit tight and wait for more news, good luck

[zooman] 23/2/2021 15:45

Alan, the last dividend date details are shown below. Today we have seen an eight percent drop on 122k or so of trades. Griffin if they did want to pay another dividend I doubt they will want to hand back very much as they would prefer the share price to increase. EL asked some people she knows in the city. Griffin they like China not quite so keen! As others have said regarding their views on dividends a sell out is more likely given the age of the board and the amount of options they have. I have no doubt they would be offered share incentives as well. 250p per share at the moment would be worth having a look at. There again there's no offer or dividend currently on the table so its academic. Maiden dividend of $0.03 per ordinary shareEx dividend date 09/05/2007Payment date06/06/2007Zoo

[up just a little bit] 23/2/2021 15:26

Maybe he likes dividends?

[alangriffbang] 23/2/2021 14:34

theApaiarist it’s just digging up old ground over and over again, boring!

[celeritas] 23/2/2021 14:25

Forced sellers still coming from IG.

Might as well take advantage, added again.

[theapiarist] 23/2/2021 13:49

Rose. Would you care to speculate on a possible GFM divi in a couple of years based on 40% of free cash flow.
On reflection perhaps best not to go there!

[rose_by_another_name] 23/2/2021 13:11

I am holding a 72% gain on my Tullow, Ape.
Mostly held back by worry about them
servicing their debt, which may be resolved
soon. Premier very similar.

[alangriffbang] 23/2/2021 12:32

Hello everybody have just got back have been blown backwards along the prom, good news about GGP , more pictures on Twitter from paddygall all very positive, I was hoping gun would go up with it, GFM as you say will rise nearer the results I just hoped with zinc going up daily it would shift a bit upwards, good luck,

[jppp] 23/2/2021 11:23

I agree Sage, I was going to ask "what is the next driver to the price"? The next results or a bid is my view, so I don't expect much price action short term. Some profit taking, a few people maybe getting on board, so no real drivers.

Will look at Wisdom Tree, thanks. I'm with you on the commodities super cycle. An if, but a possible, so why not have some exposure? I am also thinking an oil ETF. the Oilies are too weighed down with legacies, so they won't lift as fast as oil might, IMHO.

JPPP

[zooman] 23/2/2021 10:59

Sage, I would like it maintain a positive attitude climb rate rather than negative. :-) I tend to like the shares that climb at a low but steady rate if they raise to quickly they do have that tendancy to reverse at the same rate if not faster. Nice GGP update on the new JV with NCM. Lets hope the slow start is starting to pick up its interesting that last year March was the starting point. Also its getting cooler over there for drilling etc.Zoo

[sageman] 23/2/2021 10:41

Hmm , I am not sure why anyone would think that GFM would move on a daily basis. GFM has had a great rise on news and zinc. Very few shares get traded. The BOD are poor at communicating so I expect little action until the next set of results. It’s a strong hold. I bought Wisdom Tree Industrial Metals yesterday. If we are going to have a commodity super cycle rally driven by vaccines I fancy having a diversified holding. Banks doing well. Tullow doing well. Rotation is the key. Covid darlings will become vaccine pariahs so make sure you adjust your portfolios. GLA

[zooman] 23/2/2021 10:18

Alan, I think the flow is starting GGP rns our and twitter is picking up. Zoo

[alangriffbang] 23/2/2021 09:30

thank you zoo very interesting GFM is still no good at the moment and yet zinc is up again,GGP is on the rise again long may it last hope your doing ok ,looks very windy out but it won’t stop me walking , I hate staying in it’s such a waste of time , looks like cafes and bars will open outside only on April 12th , I think Boris is completely correct with his four steps this time , have a good morning ,

[zooman] 22/2/2021 22:43

Alan, this gives a bit more insight to what's going on.https://www.ft.com/content/3bb30c88-e81d-47f1-b822-28f4393d3992Zoo

[zooman] 22/2/2021 22:32

Alan, yes I have and I think we are just in a dry period and people are nervous. There's a news dry period take GGP 2000 percent up last year can't blame people who may be feeling nervous selling. Roll on March. :-)Zoo

[alangriffbang] 22/2/2021 21:04

zoo did you notice OMI was down 10 today, just goes to show how fragile these gold shares are,

[alangriffbang] 22/2/2021 20:15

Zoo GGP was up a bit today whether it will build on that tomorrow is anybodies guess ,it’s the same with GUN it doesn’t usually rise after an up day, I’m waiting for AAU to take off I’m sure it will one day, managed to book a hairdressing appointment on line and got the first day they are open, 12th April , Wall Street has turned and on the rise, so just maybe all will be well in the morning ,good luck,

[zooman] 22/2/2021 20:03

Tinn, I think you have a little bit of breathing space with GGP. Things will / should start to move in March as the temperature starts to ease and the drilling ramps up lots of things kicking off as well.GGP has never been a linier share with its share price Zoo

[tinnsnbf] 22/2/2021 19:45

Jumped into GUN this morning so in that for the long run now, still holding off on GGP at the moment, haven't made my mind up on that one so going to watch it a bit more. GFM has been having fun today, hopefully things will settle down as the week progresses.

[alangriffbang] 22/2/2021 18:11

zoo I would hope GFM will be up tomorrow surely they can’t hold the price down any longer, looks like getting back to normal won’t happen until June 21st ,if the weather is as good as it was today I can cope, I’ve only just shut the balcony door since this morning, I’m very hopeful with GUN I’ve read some good write ups once again it will take time but very good to sit on ,good luck

[zooman] 22/2/2021 16:25

Alan, looks like GUN and PRE are doing well today so I'm pleased I didn't sell PRE on Friday. Zinc is holding its price and gold is up which is good would have liked Griffin to hold its price but tomorrow is another day. :-)Zoo