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A Grade share ramping from Big Dave Lenigas – the great man takes to facebook to discuss Greatland Gold

By Tom Winnifrith | Sunday 20 September 2020


Disclosure: I own shares in one or more of the stocks mentioned. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.


When is an exploration company worth £1 billion? Very rarely. When does its market cap reach £1 billion with almost no, or no, institutional support?  The answer is when you are in a bull market and the stock is being ramped by folks saying it could treble again.  Ask yourself whether you would rather own 40% of Centamin (CEY) which has cash, is producing vast amounts of gold and whose directors are not big sellers of stock or 100% of an exploration play with heavy boardroom selling like Greatland (GGP). Exactly…my thoughts too which is why I own Centamin. But Big David Lenigas owns Greatland and so writes on facebook:

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