Griffin Mining Share Discussion Threads

[alangriffbang] 13/5/2024 18:23

zoo just got back I had my covid jab then went home met my cleaner who had a big job cleaning the flat right after the weekend ,I had a coffee with her payed her then went out to a friends house for the afternoon ,I see I’ve been accused again by the a of ticking people down you are always ticked down the same as me it doesn’t bother me at all what does upset me is being accused.by a little toe rag like him ,I don’t know who is doing it and I don’t care ,sage and jppp like yourself are very good posters and are always interesting to read as you know this is what I used to do everyday but now socializing and swimming in the sea are now more important to me , I will now leave the muck to tick me down ,good luck and thank you,

[rose_by_another_name] 13/5/2024 17:56

"Trump leads in five swing states as Biden support collapses
among young, black and Latino voters"

[up just a little bit] 13/5/2024 17:29

Even sage saw his vitriolic ceaseless drivel.

[rose_by_another_name] 13/5/2024 17:13

The mouthiest guy in the bunch is always telling others
to shut up.

[theapiarist] 13/5/2024 17:05

It appears that the recent course of therapy was no more successful than the previous one.

[zooman] 13/5/2024 16:45

Oooh, I got two tick downs, how exciting. Hahaha.

[zooman] 13/5/2024 16:19

"THE" prove its Alan or STFU old man

[zooman] 13/5/2024 16:18

Rose, you do post some rubbish.

[jppp] 13/5/2024 16:09

I think this Co's process is more like panther securities if anyone remembers them? Often a good read!

[sageman] 13/5/2024 16:06

Rose, There is a 3rd category. Those who have traded this several times over the last 20 years. Holding shares that cost nothing and having banked excess profit. I have a B/E for my current tranches but solely iro those purchases in isolation. I suspect many here are in that boat.

[theapiarist] 13/5/2024 15:52

Thank you for that Master Class, Phillis.

[rose_by_another_name] 13/5/2024 15:45

The shareholders are not doing well. Only ex-shareholders
are able to make money from Griffin, because you are not
rewarded for holding the share, only for selling (and then
only if you get the timing right), and the new shareholder
who bought won't be rewarded either, until he becomes an
ex-shareholder (and then only if he gets the timing right).
The last man to hold will be a loser.

[phillis] 13/5/2024 15:44

In response Mr B I would hope there would be some evidence that the New Board is having some influence - but my hopes are not that high

When I was in the hot seat the following was a rough sequence of events:

Agreed major messages and tone with FD
FD produced first draft
I made suggestions for revision, debate ensued
An agreed version was shown to the Chairman
His suggestions were generally booted into touch 😏
Final draft was circulated to Non Execs and brokers
Minor suggestions inserted and final check for punctuation and grammar ( including split infinitives)
Final final release lodged with Stock Exchange

[theapiarist] 13/5/2024 15:44

Will Alan put his hand up please.

Mind you after so many years he's probably got cramp.

[zooman] 13/5/2024 15:42

Who got the balls to admit they're ticking down or are you just a keyboard coward?

[theapiarist] 13/5/2024 15:39

I too had the same impression as you, Sage. But 2012 was some time ago and the memory can play tricks.

My memory is crystal clear however on the reaction in some quarters to the $110 million cost!!

But with hindsight it was a smart deal as we might not be mining now without it.

[zooman] 13/5/2024 15:21

And the Chairman would be right, the shareholders are doing very well. Happy days the BoD are doing a good job, I'm sure there are those who will disagree. .As for Roger doing the write up. Err, isn't that his job? Nothing like stating the obvious. :-((

[sageman] 13/5/2024 15:16

If I am wrong on 2037 please feel free to correct me. I thought that the 88.8% JV was inline with the license. From memory 25 years from 2012. Thanks in anticipation.

[theapiarist] 13/5/2024 15:08

"any views of EPS?"

Yes. But I always get CofS or smelter costs wrong or both.

[jppp] 13/5/2024 14:56

I got 2 down votes. So I'm happy!

Yes, Roger will write it and will end with a full stop. I hope Ninkov will be effusive, and expect him to be...

any views of EPS?

JPPP

[theapiarist] 13/5/2024 14:48

What do you think will happen, Phillis?

Perhaps I could get the ball rolling.

Roger will indeed write the body of the announcement - ending the occasional sentence with a preposition.

Ninkov will, once again, tell us that he couldn't be happier for us lucky shareholders.

And to underline that last point, and against all the odds, he will announce a 2p final dividend.

We may interpret "final" in whatever way we choose.

[phillis] 13/5/2024 13:27

So Sage , got that off your chest now?
Don’t worry too much you’ll get used to it- we find it happens all the time

So what do you think will happen when the results are announced
Will history repeat itself i.e. Roger writing most of the text ( including split infinitives) with the mandatory gushing final paragraph from the Chairman

Or
Will we get a strategic update re future intentions that shows the non Execs are bringing some pressure to bear

[jppp] 13/5/2024 10:48

Sage, I'd like to congratulate you on your 3 downticks! Tremendous, well done! They seem to be busier at weekends, but i'll probably prove that wrong now.

Metal prices generally doing well, I'm thinking about more silver exposure but haven't yet found the right vehicle.

Too many threads to add my h'penny to, but good to see some debate.

very interesting article in the Torygraph at the W/E about China reducing its exposure to the $, partly by buying gold. After Russia had its overseas assets (rightfully in my opinion) frozen after they attacked Ukraine, China is said to be trying to avoid that risk should they go into Taiwan (and generally - to stop $ being global reserve currency and all those benefits that bestows), by buying gold and investing where they can avoid/not benefit the $. I can believe it. so the question to me, is "have they got enough gold, or will they buy more"? My guess is they buy more as their surplus has to go somewhere and they haven't finished with the $. (And will that drag silver up? - secondary and less relevant question...)

Results soon.

GLA

JPPP