I’ve learnt that with Sirius Petroleum (SRSP) not to over invest in AIM 
Completely different business but coincidence in name. I’ve written it off but if/when that comes back I’ll be nicely minted though.
With gold prices rising all the time and it looks certain that they will keep rising it only makes this site more valuable anyway. Gold rising 50$ has a profound effect when you are digging out truck loads out of ground.
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Not only with the economic crisis does gold rise, but the demand in industry will also keep rising. I dont see that changing
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One of the biggest drivers of the gold price since 2008 has been the vast purchasing by central banks (largely those of Emerging Markets). For the first time in nearly a decade last month these institutions became net sellers rather than buyers. I believe this will be the place to watch for indications of the direction of gold.
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Sirius is the reason why I’m sceptical about this
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What happened with Sirius Minerals?
Sirius is a different situation - they ran out of money to build the infrastructure rather than there being a question about whether the minerals were there.
GGP is about prospecting for gold and how much there is.
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Hope nobody sold 
I think this will be used for Weds.
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I am keeping the faith
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I’m still confident with Greatland Gold. Just not expecting it to happen over night.
I’m expecting to give this a full year from now for growth and potential Newcrest buy out.
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I think if they are going to be bought though, whoever does it will be wanting to reach into their pockets in the next 3-6 months as they’ll otherwise need quite a few billion if they leave it too long.
I don’t know if I want a buy out at say 30p or for GGP to speed ahead and get too big for takeover.
Either way I can’t wait 
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Anyone come across anymore new news on ggc?
Just that tomorrow might be a good day 
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I started an investing related Instagram account today - one of my first posts is about GGP 
https://www.instagram.com/p/CADd-H7jdww/?igshid=ieyr97ugdhzu
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Lol. This estimate is making me think about selling out at the current 9p level and moving the money onto something else. If I have to wait another 6-12 months and for everything to fall into place perfectly, just to get the extra 3-4p per share, then a lot could still go wrong and I’m not sure whether the risk is worth the small(ish) reward. I’ll have to give this a bit of thought as maybe this has now run its course.
Matt
Probably mid summer would be a better time. The stock is primed for news. I think this will be nearer 15p before end of year so I’m holding.
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The valuation is based on quite conservative projections Compared to potential upside, from what I can understand. As you say though, worth staying in only if you think the risk is worth the potential reward. I’ll keep faith through to the first official valuation I reckon, and hopefully a buy-our from Newcrest!
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