Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
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Good points rustybucket. I am feeling that when everyone is panicked it’s time to buy again.
Gold does not rise every month, even in worst of times. A correction is likely IMO.
I was talking about the very short term gold price movement,... over the next few weeks.
@ 2227: unusual rise for gold.... what a shallow opinion, looking around there's COVID-19!!!! 8 months ago, people were worrying about china-us and price of gold was 1500ish and all smart asses were furiously typing trying to convince themself they knew what is going to happen... dreamers. People pulling strings doesn't share info, and AI is shielded from GP knowledge with its scenarios analysis, so this is my opinion, you can agree or disagree. All we can do is hoping our predictive models are aligned with real world, and we miss no variable.... DYOR
Gold has risen consecutively in the last four months. That's unusual and is likely to end August lower than the July close IMO.
Gold has risen consecutively in the last four months. That's unusualand it's likely to end August lower than July close IMO.
CoFe I havent bought or sold any POG for about 6 years. Still hold exactly the same amount. Did think a couple of times about buying more, but didnt, but, NEVER, thought about selling, and I will not sell. Despite the shenanigans I often write about, I always give the caveat, That there are more positives than negatives.
If price drops, I might be tempted, but happy with the amount I hold, not anywhere near as many as some on here, but nevertheless an amount I am comfortable with.
I have to laugh at some of the comments on here, especially this morning, when the price was dropping. Bloody hell this is Pog, I remember in the olden days a swing of 10% in a day was not uncommon. There is plenty mileage left, lets just hope we can get a positive resolution. Because unless we get the board sorted and a New experienced CEO, WE ARE A RUDDERLESS SHIP. Out of control.
I have no trust in any of the board that are left. We need to get someone in, and quickly. Who, I dont know, and I honestly dont know who is actually in charge. But we need direction. We have the product, we have the facilities we just need steerng in the right direction.
I am surprised Pavel didnt try and rally the troops with one of his interviews. Went like a damp squib. But its happened before, and I dare say, he will try and come back. Time will tell. Over and out for tonight. Interesting next couple of weeks.
Very good points rustybucket. So like me you have stayed fast today?
Freddie2, its quite Ironic, whilst the posters with rose tinted spectacles were proclaiming £2, I have for years commented about things that were either unexplained, potentially underhand, concealed, or gobblegook. I did not forsee a large institution calling for an investigation, but, I am not surprised. There have been, many deals where the fees seem to have been concealed. Even when Gazprombank were supplying funds for forward priced gold, there was never any mention of fees.
I still wait in vain for someone on here to explain the bit in the accounts about them, and how they work out the net debt. Never,ever, any mention of cash reserves. Why. I am not going to change what I have said all along. I would have preferred Pavel to be at the helm. But I have long called for transparency.
The reality is, we have a great product, and an even better product to process it.
I can see an enquiry unearthing some things, whether they are major, who knows. But I still believe IRC CAN BE A BENEFIT. I certainly think its worth more than the coppers they were going to sell it for.
I know Retired Banker will disagree, but there have been a lot of positives over there. Time will tell.
To be fair.... Gold could go a lot higher, when exodus from the govt bond market happens there will be 10x that of capital already in equities today, the main parking lots will be US equities, PM's and certain property portfolios.....
Perpetual investments will replace govt bonds
Ha ha well done Rusty, enjoyed the gallows humour. Thinking about it the helicopter was a masterstroke of foresight. Easy way to ferry all these Directors in and back out again.
Rusty we also need to find the secret cave with all the unaudited gold in it , only peter and pavel know where it is
BofA sees gold hitting $3,000/oz., silver at $50/oz.
(Sharecast News) - Strategists at Bank of America hiked their 18-month target for gold futures from $2,000/oz. to $3,000/oz. as governments continue to act to mend the damage from Covid-19, backstopped by central banks.
Will probably mean gold will drop as they cream off money from their clients. But, if gold did hit those heights and we can get some proven leaders experienced at the top level, then this can be a very very profitable company.
Just need to get a New CEO, A new board, an Auditor, get the investigation done, refinance the $500m bonds pay off the rest of the convertibles, find the helicopter, then the rest is plain sailing.