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Sell Greatland Gold

By Tom Winnifrith | Sunday 29 January 2017


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) has been pursuing small - and almost certainly not economic - gold deposits in Tasmania since Adam was a boy. Every year it promises jam tomorrow, the shares are pumped up a bit and then it does a hugely discounted placing. Rinse & repeat. But suddenly it is the ramp de jour.


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