From £6.99 per month
ShareProphets
The one stop source for breaking news, expert analysis, and podcasts on fast-moving AIM and LSE listed shares

MINDING THE LSE’S BUSINESS

Join for as low as £6.99 per month

With ShareProphets’ membership, you receive:

• All premium articles

• Tom Winnifrith’s Bearcast

• Access to all the entire nearly 10 year archive

• ShareProphets Daily Newsletter

Whilst I can see the potential for Greatland Gold to become a producer, I think the market cap is absolutely bonkers now

By Gary Newman | Tuesday 22 September 2020


Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. 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.


Greatland Gold (GGP) is a company that I’ll happily admit to having been wrong about, as were many others, and a lot has changed since I last looked at it around the time that Newmont Mining had decided to terminate its involvement. At the time, I expected that Greatland would go the way of so many other small mining companies that promised a lot and then failed to deliver, given that Newmont had decided not to exercise an option to partake in a joint venture on its Ernest Giles gold project in Australia. At the time it was extremely early days with Havieron licence area, which is now the main focus of attention and which has turned the company around…

Premium content is for paid subscribers only
ShareProphets is reader-supported journalism

Become a member starting at £6.99 per month for all articles, the Bearcast, and our seven year archive.


Filed under:



Subscribe to our newsletter

Daily digest of our latest stories.



Search ShareProphets

Market News

Complete Coverage

Recent Comments

That Was the Week that Was

 

PICH

Pitch Pit – this stinks

 

GEX

Georgina Energy: Lyin’ Yet again

Time left: 13:24:09