Griffin Mining Live Discussion

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millwallfan 04 Apr 2018

Re: Results BC. You've been listening to too many old wives tales. If it is tomorrow it will be decent news at minimum and excellent at best.

burnchat 04 Apr 2018

Re: Results You had better hope for the 10th, nothing but bad news stories come out on Thursdays and Fridays, good news Tuesdays...

Gailes5 04 Apr 2018

Re: Results In one of the sites I look at, can’t remember which, it stated that the results would be announced on Thursday.

millwallfan 04 Apr 2018

Re: We don’t but was 6 April last year so imminent

doug keay 04 Apr 2018

how do you know its Thursday ?

doug keay 04 Apr 2018

how do you know its Thursday ?

millwallfan 03 Apr 2018

Re: Results G5. Not sure this is yet on the radar of major investors - but hopefully that could all change this week. I agree with a previous comment that current price is probably fair based on 2017 available info so unlikely to see significant purchases until results tell us where this is heading in terms of profits and, importantly, dividend potential going forward. Remember we peaked intraday at £1.37 several weeks ago so some fallback was inevitable. GFM not really at the mercy of FTSE, uk economy or brexit as the driving factors are zinc stocks and price and that elusive licence which if received could see significant increase in production. Not long now before all will be clear.

Gailes5 03 Apr 2018

Re: Results Not much volume but we are not exactly awash with punters piling in ahead of the figures. From the markets lack of reaction we may not see much of a hike up on Thursday- would love to be proved wrong.

burnchat 02 Apr 2018

Re: Results Renewal Monday the second day in a Bright week... Since when did GFM/major share holders being approached by a third party give any guarantee that all shareholders would receive full value for their shares.

garby 02 Apr 2018

Results The results should clarify a few variables and we can shore up our p/e calcs.I think the sp is somewhere near for 2017, under for Q1 2018 and potentially way under for FY 2018 depending on a dividend, the zone 2 license and/or full capacity confirmation.Regarding the license;Oct 2009 - application to mine below 1300m at zone 3 was accepted.Oct 2016 - the new safety permit for 1175 - 1260m was received - 7 yearsMay 2011 - MN confirms the zone 2 application in the prelimsApril 2018 - we're still waiting - however the recent change in rhetoric from our chairman , the safety permits, exploration permits and the planning approvals for the upgrade leave me confident its forthcoming.We also have drill results outstanding;- extension drilling to zone 2 and zone 3 areas- exploration/resource confirmation drilling at zone 8- exploration drilling Sangongdi and ShitouhulunA new Jorc update which would include the above is also overdue, we're still using the one from 2013 as our resource template.As ever I would love to know if GFM/major shareholders have been approached by a third party, for me its the only way the BOD and all shareholders would receive full value for their shares. GLA

Sageman 01 Apr 2018

Re: Happy Easter and results week Markets normally buy the rumour and sell the fact or sell the rumour and buy the fact. In the case of GFM it is difficult to say that either has happened. We had a strong rise on the back of being debt free and are 10% off our peak. Markets have priced in decent results and possibly a modest dividend but not the license nor an excellent forecast for this half year.I believe that on this rare occasion all eyes will be focused on the actual statement with the results. GFM tend to be conservative so zinc back in the $1.50 area was critical IMHO to the accompanying statement. In the meantime Happy Easter to all long term holders and also newer positive contributors like Nora.

millwallfan 01 Apr 2018

Re: Happy Easter and results week Phillip - never mind you will just have to make do with lots of zinc,gold and silver bars next week lol

Phillip Reid 01 Apr 2018

Re: Happy Easter and results week mfThe same sentiments to you my friend. However, I didn't even realise that it was Easter. No Easter Eggs (or choc bunnies or hot-cross buns) in the shops around here.Regards

hanser 31 Mar 2018

Re: Happy Easter and results week MillwallThanks, I would like to second your sentiments.

millwallfan 31 Mar 2018

Happy Easter and results week To CD, sage,Phillip and all other regular posters - may peace and wellbeing be with you all this Easter and may all our results dreams come true next week .