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" . My son is invested and is always telling me gold is for old gits! "
And there speaks the future! Yes/No?
Reminds me of accounts of back in the day of the old giants wisdom of during negotiations, accepting letting Bill Gates take full copyright ownership of the Microsoft software only, whilst IBM chuckled that the kid doesn't understand business, let him have the worthless software - anyone with industry experience KNOWS the future of computing lies in the hardware - it's what we (IBM) old blue was built on, mastery of the hardware. We know the business better than this nerd Gates; he knows nothing about real business - let the fool keep the software rights - he doesn't know a thing. We do!
Z I have to say gold suits you and us well then....sorry I had you muddled with Mizolgit
all the best
Says more about the EU doesn’t it. Health and safety??? Seemed okay for them to accept before Brexit. A spiteful entity.
Enjoy chaps... However, I will post told you so.
Fortunately I don't need the money enough to have to gamble it.
Velo, I hold mine on a Trezor wallet. I bought mine on the Kracken platform back in April last year. Reason why bitcoin is discussed here? Well it’s competing with gold. My son is invested and is always telling me gold is for old gits!
Join in the fun my friend. Crypto surely would be better off pegged to gold standard to be taken seriously? It's totally speculation otherwise ain't it?
Used to be a very informative board on CEY which I enjoyed reading.
Why DeFi, not Bitcoin or Dogecoin, will be the next big crypto explosion – Clem Chambers
Feb 18, 2021
Guest(s): Clem Chambers InvestorsHub.com
If you haven’t already bought into Bitcoin, or even the recent Dogecoin hype, it’s probably too late, and you should start looking into DeFi products instead, said Clem Chambers of InvestorsHub.com.
Toronto – Barrick Gold Corporation (NYSE:GOLD)(TSX:ABX) today released its annual reserve and resource declaration with its Q4 and year-end results to December 31, 2020. Attributable mineral reserves reflect a 76% replacement of depletion.**
“As our understanding of the orebodies increases, the potential for sustainable resource to reserves conversion will grow, but it will take time for the group to reach the replacement levels of the Africa and Middle East region,”
Centamin is currently in a good position to grow with West Africa & Egypt... therefore Bristow is a danger to our survival...
Boredom and lack of new news on good and CEY- fyi I used and use etoro on future price buy/sell with leverage- traded crypto’s for years, and no I’m no billionaire :-).
PS. Not going to make a nuisance of myself on here over Bitcoin. Probably the last I'll mention it. But for a gold bug forum, this is one heavy chat forum on Bitcoin. Why are you all so obsessed with it; and all of mainly the same 'herd' opinion too?
zambianminer below, JepGambardella yesterday and anyone else in similar position as those two -
You both say you hold positions in Bitcoin. My question is how, and where?
Is it via an ETF, or the real deal, actual Bitcoins?
For some time IG has shown that regulations have moved to ban those seeking to take a position in Bitcoin "for your protection" unless you sign up to a new non-tax free account.
Have you purchased an ETF outside of the spread bettors?
Briefly if anyone interested, I'm a devout trend follower (and have a foot in fundamentals too, so a TA Fundamentalist???) Anyway, back in the day I was tracking this new fangled Bitcoin as it plunged to 300.
My own trend lines were indicating that it would now rise from that circa 300 floor. As it rose I thought to myself, I can do this, so scoured the internet reading the high and mighty, people I trusted, investors with far superior skills than I possess, and ALL of them, including Warren Buffet, threw up their hands in absolute horror, forecasting an imminent crash saying it was nothing more than a bubble. Not most of them - all of them to a man!
I was floored by the overwhelming bubble opinion of the knowledgable but herd-like crowd.
By 400, I knew almost for certain, that they might be superior investors etc., but they didn't understand Bitcoin, so were judgemental holding outdated old beliefs that had served them well in the pre-digital age.
As the price climbed above 400, which is where I started looking round to get in, but gave up due to the dire warnings from my elders and betters, and the whole of the internet, I became aware that certain people were terrified of this Bitcoin business becoming successful and were just 'herding' urban mythology opinions. Still watched it as the years went by testing and refining my trend following to eventually it's now 57,000.
Wanted in at 400 - at £10 per point. You figure it out.
And my trend lines indicated the rises and crashes along the way, so a modest stake would by now have been life changing.But the advice just like on here - has protected me from all that.
Protected me? I smell a rat - and it's not from the bubble!
Not looking to take a stake right now, as the whole process has really rammed home the DYO research principle which has left me with the view and of the belief over 7 years or so, you've all been hoodwinked into urban myth thinking.
No one's looking at what's happening in front of their own eyes - just buying into we're all going to die one day, so what's the point in even trying something risky.
You take your choice, the question is, what's the next bitcoin... it's out there somewhere for $0.0008 :-)
Common sense would suggest this is just to good to be true.
When I apply comparison to the other mentioned companies “it has to give “ is taken over by fear, fear that a Bitcoin free fall could destabilise the entire market.
But what do I know!
Possibly you should consider the general attitude exhibited towards PI in other companies, it is a useful as bench mark , you may then realise that Centamin is certainly not the worst, in fact it is possibly one of the best and something I know they intend to improve on in the future
Did Centamin answer your queries, if not then why not?
Centamin are committed to improving share holder value, perhaps you should drop them a note regarding this?
As far as the licenses go, the last I heard was that the negotiations are complex and are still ongoing.
Especially when you look at net asset value, pity others do not.
Chri55, appreciate that but I got them so cheap back in April/May.
Yes Mr T, I have often written to them via email, and listen to all webcast and dial-ins. I'm not concerned with other companies communications, only those that I'm invested in. All companies face difficult dilemmas. Awaiting details of current license negotiations which is within their gift. The new CEO comms has improved vastly over the previous, I was also pleased with the Joint Broker appointment in late Oct2020. My note was responding to SP value, how I view it as investor and what matters to me, as well as how I see companies I invest in- non emotional.
I really do have empathy with your frustrations, although to be fair Centamin are often faced with a difficult dilemma of what to disclose to the public domain, we are all aware that there are those traders that are waiting for a hint of any news ,good or bad, true or false that can be used to influence share price direction in order to trade long or short to make a quick profit.
I appreciate that Centamin may seem reluctant to communicate with private investors at times , but in my experience they are actually much better than many of the other companies (including blue chip ones) during my time of investing in equities.
I also appreciate that it is often helpful to be able to let off steam on this forum , but it can often be helpful to put your concerns and frustrations in writing to the company, they read every communication and believe it or not do take them seriously, you may even get a written response that will answer some of your questions.
You can also ask questions at the webinar presentations , although very few private investors do.
As long as you're not holding when it gets to the top, or you will cut your wrists one morning when you open your account and it's gone..
Two opinions on Bitcoin this week Elon Musk Bitcoin is almost as BS as fiat money. JP Morgan Bitcoin is an economic side show.
And Bitcoin keeps on rising! Incredible run. Can it really match all the way to $100K
Well said Steve. Agree word for word. T/O could be very welcome. Obvs depends on price. But if realistic, get it done. Would provide a route out of this share for me. If it happens. Tbh at present it seems rumour, no substance. Maybe a journalist touring the boards and throwing it out there as fact? I'm taking it with a large pinch of salt atm, until CEY mention it,then there's nothing to get revved up about. Be nice though!!