a friend brought this to my attention as i belive although the company is not doing great they have come across something very special ! i have gone long on these and will be holding at least 3 month and beyond should see very nice return on investment
Looks like it might pullback to 2.53 at least before any longs
craigdptrading
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This is going to go very long, researched to hell.
Biggest Gold find in the history of man by the looks of it! Get as much stock as you can before they get purchased by Newcrest Mining
UnknownUnicorn4207741
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@craigdptrading, thanks for the comment , what would happen to are shares if they got brought out ?
craigdptrading
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@crypto_tel, you're welcome.
The real answer is who knows but 8p per share and a market cap of just under £300m they are grossly undervalued. Based upon the recent drill result at Havieron which is where all the excitement has come from the site is worth much more. They also have a site called scallywag and it is showing the same magnetic anomalies as Havieron. Newcrest has a farm-in agreement with them and they have powered through the first two stages already so they can only see a buyout.
My best guess would be 15p by end of June and upper limits of 50p if they don't get purchased till later this year which would be more beneficial for us. The bottom line is Greatland Gold owns the land where the gold is and Newcrest have the ability to easily get it out.