Major shareholders brought in at 2.7p and sold big chunks at 12p & 14p. No directors have brought in the past 12 months, theyāve all been selling. Any one think thatās strange if they have discovered gold?
Huh? Thereās been huge buys this past week. Including one on Friday during the last auction.
I donāt think anything strange is happening whatsoever and Iām following it very closely 
(Sharecast News) - Greatland Gold revealed on Friday that chief executive Gervaise Heddle had disposed of 3.5m ordinary shares in the AIM-listed exploration and development firm.
Heddle, who exercised options over 5.0m ordinary shares at a price of 2.0p each earlier in the day, sold the shares on Thursday at an average price of 14.60p each, for a total value of Ā£510,999.99.
Back in June, Greenland updated the market on Newcrestās drilling campaign at its Havieron deposit, in the Paterson region of Western Australia, reporting āexceptionalā drill results.
Greatland said the results further demonstrated improved continuity in the high-grade crescent sulphide zone, and extended the strike length of mineralisation to 550 metres in the upper 200 metres of that zone.
Recent Insider Transactions
06 Aug 20 Sell UKĀ£385,284 Gervaise Robert Heddle Individual| 2.750.000|UKĀ£0.14
02 Jul 20 Sell UKĀ£300,526 Gervaise Robert Heddle Individual| 2.500.000|UKĀ£0.12
Iām not sure why that leaves you thinking something strange is happening?
GDXJ took 7 x the SPROTT number off the market on Friday (133m vs 20m) Astonishing amount!
Thereās still a HUGE amount at play right now.
Nothing strange is happening - or at least I donāt think so.
No, not really. Itās prudent to take money off the table over time as heās got living expenses too and may want to diversify his finances like any of us would. Nobody can time the top and he still has significant exposure (via shares and many options) after each sell that his interests are still overwhelmingly aligned with shareholders.
Having listened to this man talk for past few months Iāve little doubt about his character and integrity to continue to create value for shareholders and uphold his fiduciary duties.
@Alpha Well said and great read too!! 
On a side note - the auction hours. What time are they? I really must be looking in all the wrong places finding out this info 
Another question (if you donāt mind?) with the stock being low liquidityā¦if I decide to slice a healthy top off my shares and sell to scoop some profit, how does it work through using T212ā¦if I was to place a sell order and it took 63 minutes again like the buy order and in that time the price dropped - do they send a notification saying along the lines of āare you sure you still want to sell?ā Or does it place it regardless? Makes me quite anxious after that wait time.
Just an FYI (taken from group chat) worth reading
Iām hoping to see good support at 25p and very strong support at 21p (donāt think weāll get there) A lot sold out sub 25p because they were scared Gdxj wouldnāt happen (as anticipated) so sellers at sub 25p now gone. After Sprott bought all those āloose sharesā were permanently off the market so the sp was rock solid at 11.5p and never really dipped below sinceā¦ Gdxj took 7x the Sprott number (133m vs 20m) shares off the market yesterday. Thatās a big dealā¦they wiped out all sub 25 sellersā¦ the Paddyās, Jerry, Coaches, 5eights and those other really big holders could dent it selling millions but they are looking for a lot moreā¦, Yes they might trim a bit Ā£50k - Ā£100k worth for that new kitchen or whatever a few may trade up to Ā£1m too - but the traders always seem to sell in the am and buy back that afternoonā¦ theyāre not going to āsell outā 27p They are waiting for āReddirts Paydayāā¦ for a big buyer to emergeā¦in NewcrestMining probablyā¦ Specifically an offer for GGP, or for Havieron and/or for Scally. Even then, they might holdā¦ Because they trust GH and CB - GGP has a lot of other really fantastic assetsā¦ like The award winning DeGrey discovery Hemi - our Panorama project is bang into the same system and quality ānearologyā play. Weād be so cashed up to develop Ernst Giles or the black hills and Rudall etc back to do what we do best but will $250m in the back (after a huge special divi). Thatās an Astonishing prospect.
No, the app warns you as you go in that youāre placing a trade on the AIM and that this is one of the risks of doing so. If it takes an hour and you lose out as a result, thems the breaks.
Probably best just to keep an eye on it til the trade goes through and cancel the sell if it drops too low for your liking.
On the auctions, Iām afraid I have no idea, (EDIT) but I just googled it and found the following;
@Joey_Fantana Aye aye aye I thought that maybe the answer. Not want I wanted to hear but itās what Iāve to deal with. Thank you.
I HATE that an actual day job gets in the way of my trades now 
(who have I become)
Not sure what Iām anticipating tomorrow thatās all. I need to pull myself together and stay strong!! Or not look. Iām in for the long haul so canāt get worried yet.
Ah thatās brill thank you for that!!!
@CeeGee Iād just echo what @Joey_Fantana said as my main holding is on Freetrade given they had GGP on their platform earlier so Iāve never actually made a GGP sale on the position I have on 212. Freetradeās are instant though from my experience so this auction malarkey on here does confuse me also tbh
Maybe something I need to speak with one of the team about. I understand a slight delay but itās not in anyoneās best interest with a 63 minute wait (well my best interest but also the platforms as people using AIM will begin go elsewhere) Thing is I could clearly see trades were taking place in that time thatās whatās left me bamboozled 
How could thereās be placed but mine not but when my case was escalated on chat it went through there and then.
I feel like when the time does come to sell I could be left in a really uncertain position. I have a lot of money in GGP so time is of the essence in a sell.
Mmm Iām left wondering more could be done (Iām new to trading but have to push when something doesnāt sit right)
Iāll message them and see what they say, more instant trades.
Then again I may just have to follow what @Joey_Fantana has advised. I think the 63 minute wait has left me a little anxious is all.
Assuming that you work office hours, 9-5, then thatās one of the benefits of buying USA shares, as most of the trading time does not coincide with office hours in Europe.
On the other hand, I prefer Europe because I am more familiar with the companies and the markets they operate in.
Iām mainly focused on mining/exploration stock. Thats my passion and interest. Thatās the UK hours though (leaves me āvanishingā at work quite a lot. Needs must!)
My day job definitely gets in the way. Especially with auction times.
Iām not so focussed on US (well with various ETFās but theyāre super passive)
GGP for me right now. Takes a lot of my time (at work)
One way to mentally get around this is to know when you intend to sell. Have a PT or PT range in mind and be disciplined about exiting at that point. The exit only becomesā¦ testyā¦ if itās a panic sell so ask yourself in what circumstances might that occur.
Youāre clearly scouring the news and if you know how to read a chart to a decent enough standard, why would you get to the point of panic sell?
I actually intended to sell at 17p then moved the bar to 20p and now Iām thinking around 35p. I mean this could get to Ā£1 at some point
Ideally 6 months hold time (really give and take, depends what the news is at the time) See what itās like then. I shouldnāt check the charts daily (hourly/minutely!) but I do. Especially as itās been such a ride this past few weeks.
I guess youāre right. It was my first very large buy on a AIM stock last week and didnāt predict the wait time so thatās left me a little unsure. Over thinking. Like you say if I follow the news like I do a panic sell shouldnāt be something Iāll have to deal with - good point.
Iām not great at charts Iām more fundamentals. I mean I tryā¦I definitely look at them but slightly blankly.
Nice information. Thanks.
Some more food for though then: if youāre more about fundamentals, shouldnāt this be a long term hold? Like really long?
From what you described above it sounds like maybe you didnāt expect the price to get to where it is for a while, but it has so now maybe it becomes a matter of re-setting the PT or adapting the overall plan.
But fundamentals should be used for long term approaches. Years of holding. If your hold is more fleeting, the fundamentals barely matter and the charts should be leaned on more.
Iād recommend the 212 YouTube channel for chart reading tutorials. Theyāre really straightforward and easy to follow. Donāt overwhelm yourself though. Start with candlesticks perhaps and how to read them (if you donāt already know how) and then move onto a few indicators: EMAs, MACD, RSI, Stochastic Oscillator should be enough to really open it up for you. 
Question - how do you follow a chart on this stock now though? 
itās allllll over the shop.
Iāve been reading a chat forum all weekend and today once again itās massively gone in a new direction - the 28p direction.
Lots of chart readers on their couldnāt call this. Infact they called the new resistance potentially @ 21p.
I say 6 months but it could be 8/10 and by that time Iām a 1 year holder so technically? 
Thank you, if I have a base to start perhaps I wonāt be so put off by them. Itās probably something I need to train myself to read as itās important.
*30p this week 
PS - the more I learn the more my holding plan changes but I like that as this past few months Iāve gone from never hearing of GGP to it ruling my portfolio. Thereās still so much more to come. Itās genuinely exciting.
If you come out to the longer term views of the chart (1hr and upward) itās a lot less choppy.
Only looks like a bag of spanners on shorter charts.
In fairness Iād agree with the 21p support call, and I might be able to make a case at 22.70p at a push. Letās hope it forms a new higher base this week.
A few hours to go then. 