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*lost (not lots)
Today I did a Bed and ISA, lots a couple of shares in the process, but glad it is done. £20k of GGP moved into my ISA.
Bought back in this week at 6.1p average after last holding around 4 years ago, when I sold at 10p on the rise up to the then ridiculous 37p.
"I do not like your voice" . That was enough to get a rude letter from HL.
I was desperate at the time and in need of guidance. Then I was told to leave
without a recommendation where to move to and I stayed because hackers
were determined . The elderly are in demand for they are supposed to be rich,
trusting and internet illiterate. I survived for I woke up in time.
Boom tsch! Pretty good Sammy P
So we may read between the lines.
Why are
people writing
like
this?
HL would agree. Seems unbelievable.
I held on to my shares because I was under constant attack by hackers
and terrified to make a mistake.
Today it was reported that teams of sophisticated hackers were
arrested but I am still in shock. Cyber crime is cruel.
Pro Traders know what is going on. Private Investors get caught.
I escaped because I could not follow the instructions and hang up.
still rings in my ears . We dare not complain because Stonewall, Woke,
Diversity protects some criminals sneaking into the financial system.
Hi Adam. Just watched start to finish. Excellent vid. Just remember these boys are all lined up to profit from a higher POG. I agree with Pierre, a pullback will happen prior to lift off. For the average gold investor it is best not to try and trade the market and just keep buying at regular intervals. I have a few sell orders with my dealers at just above ATHs for a few Britts but they will be bought back in short order.
The overall message is that miners will see big gains but it all depends on a good BODs and a mining friendly location. Now i wonder where i could find such a Co. ATB Speedy
Bye!
36th minute ref unhedged mining
This is also a good listen and very current
https://m.youtube.com/watch?v=CjTGOKX6CY0&feature=youtu.be
Highly recommend listening to Daniela Cambone interviews
In terms of leverage to the gold price and margins listen to this from 44mins … hopefully we’ll get some news next week in the quarterly updates from both GGP and Newmont
https://youtu.be/W8l5u5Vu_3g?si=zTL-db-HGUSM5HDn
Morning.
Just reflecting on this mornings posts.
A couple of observations;
- it is easy to fall into the trap of looking at an investment through the lens of whatever else is happening in your life. If you are going through hard times and that doesn't have to be financial, then if you are underwater on a stock, then the feelings of loss (even paper losses) can be magnified. The converse can be equally true and I suspect some of the old hands here from the previous highs would have experienced the euphoria and thinking this could never go down.
In reality both feelings have nothing to do with commercial reality - just how we are feeling at the time.
- The Lassonde curve gives us the best clues to where GGP could go in the fullness of time. It gives a rationale over view of how the market reacts to the lifecycle of a mine. Certainly GGP is following the curve at the moment and there is no reason to suggest it will not continue in the future.
What the Lassonde curve doesn't do is add in the leveraging effect of a bull market for POG and that is what we are at the beginning of, with a huge potential upside to come. If the stars are aligned the second wave on the Lassonde curve could be steeper than any of us imagined. Lots of ifs in there but read widely on global economics and the story is compelling for the future of gold.
In summary if you find yourself doubting, then read or reread big picture articles and don't get hung up on the fine detail of the current progress or possible strategy SD and the BoD might adopt - I trust him to make the right decisions at the right time. Just give everything the time that is needed.
ATB
Copper is moving well this morning, hope gold makes another move too.
That’s just a feeling sorry for yourself post. I have held for several years, from about 1p. I know this will be back at ATH by the end of this calendar year. I still believe either we will be bought outright at a handsome profit or will become a miner, meaning even greater returns longer term. If you can afford 12k as a punt, stop meaning and enjoy the ride.
And you my friend is why most folk lose money investing.
No patience !
No clue as to what they were purchasing !
No idea where to turn to next !
You make your own luck in this world, by believing in what you invest your time into.
Why now after three years would you bother to post telling all & sundry just how bad your investment has turned out.
Surely after 3 years having probably initially bought at the top, you’d want to see just what happens with GGP going forward, as the rewards surely outweigh the risks.
GGP now valued at a little over £300M for it’s 30% share of Havieron alone, and considering a valuation of £60M was attached to just 5% of Havieron, then even a blind man on a galloping horse, knows just what a great opportunity anyone who stays the course could benefit.
Talking of horses, with the Grand National just being run last weekend, it’s fitting that “I am Maximus” was the victor, having overcome 30 hurdles.
Many a punter lost a few quid with their nag not staying the course, including some who unseated their riders at trickier obstacles such as “Beechers Brook, The Chair, and The Canal Turn”
Maybe it’s just a coincidence, but I do find comparing The National to GGP very apt.
Four and a half mile circuit (GN)
Four and a half years & counting to get from JV to production (GGP)
Plenty Hurdles to overcome including one involving water (GN) & (GGP)
Not many starters go on to finish (GN) & (GGP)
Two laps of the track (GN)
Two upward trajectories on the Lassonde Curve (GGP)
There’s always a winning jockey, (Shaun Day GGP)
And last but not least, champagne corks a popping once the finishing line is crossed.
So Trevhutch, you take whatever is left of your stake money, and go try find yourself a winner. Just like many a punter who place bets with a bookie, 72% of folk who invest on AIM also lose, but at least your bet on GGP maybe not in the lead right now, it’s still in the race, and like most favourites, will put on a bit of a sprint, and claim victory by quite a margin.
Your call, your money, but just don’t get folk who come on after never posting before, crying about what a bad decision they made.
That’s life, get over it, not everything in life turns out smelling of roses first time. Sometimes those roses need plenty of muck spreading on top of em first, before they bloom.
Hi Ace
Yeah I’m not sure what pottersfield is offering but he has a fascination with prince Andrew!
From what I can work out he is a school teacher, left wing and probably a republican!
Amazing how many teachers are left wing communists, until it comes to pay increases ( capitalism shows through then)
All the best Ben 🦘🥂🍺
Thanks
This is my first and no doubt last post on here. Small time investor for 3 years now. Down 50% of my 12k punt. I might have well stuck my money on a horse race. All the constant crap from day dreamers have nearly made me lose my will to live. For me it’s a dud share limping along funded by dreamers. I’m out at a loss and I’ll stick what’s left on sky bet.
Quick one from me. Highly recommend this webinar with the likes of Eric Sprott and Pierre Lasonde. Some really good information on the macroeconomic backdrop and of course some price predictions at the end on the gold price. Of course very bullish on gold and silver for the next 12 months and beyond
https://youtu.be/Zw_WIfbvxuM
Link to the webinar.
https://www.youtube.com/watch?v=Zw_WIfbvxuM
Is there a recording anywhere?