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Yes, it's happening price wise faster than even I anticipate. Long term objective, $2600/oz. In a couple of years...
Let's wait for the RTO announcement, then we'll all be able to have grown up conversations about the future..
Interesting times gold over $1900 an ounce and has touched 1907-I hope the RTO goes ahead into the 4 hopefully productive mines
I am a chartist before anything when it comes to liquidity driven instruments, and gold is one (RLD is not, but wait a few months for re-listing and the royal screwing of the MMs!!) , technically, gold is very strong, all the major currencies on the world are devaluing themselves by massive money printing operations. Gold is priced against major currencies, and if they are all going down the tubes together, and the wall of money continues, there's nowhere else for it to go except stocks and physical commodities. Gold is usually an idiot sentimental investment, but now, it makes sense to hold it as a store of value while most of the major governments of the world are protecting their citizens from COVID my dropping helicopter money all over the place.
Gold will be well over $2,000 an oz by the end of the year, my medium term objective is $2,150, short term, $1910, in the next week or two.
Watch with interest when RTO happens, can't wait to stuff the MMs. hahaha!!!!
Hello all .. I keep checking in here to see the latest thoughts of my fellow Rld holders ..Rld have picked their exploration targets at t perfect time with metals /minerals set t rise so I am feeling quite happy here in the knowledge we have veterans in t field to identify targets and develop the source . They have done their homework and I expect negotiations t be
at the advanced stages
Evening munchlet
Gold Prices looking good today again 1867 $ oz / some say might breach 2000 $ oz by end of year.
Interesting ride ahead - no patience needed - were locked in for the ride for now ..
Cheers and GL
Yes, its been a bit lonely here for a while now. Keep the faith boys and girls, patience is a virtue..... I am sure they are negotiating furiously with the notoriously difficult bloody time wasting NOMADs who seem to get off on bringing up totally useless stuff designed to "minimise risk". Business is about risk, you can't avoid it, any business that is risk free is not worth owning, the returns would not be there!!Especially in mining and exploration!! We'll get there, a little bumpy though the road may be!!!
Stay the course and prepare for the ride!!!!
What are the possible/probable outcomes here Oaber? I am like Manilla, I don't have a clue, but I did buy in here in the way of a punt and made a point of staying on the advice of others here...any possible projections would be appreciated :)
Sorry to jump on you Oaber - just dropped in..
What do you think of the RLD "target".
I hold recently have been accumalating small amounts of GWMO - (hopefully not x ramping or whatever that means) - but they have been through some pain (the GWMO LTH) - and now seeing some life in the share due to gold prices / silver and copper - so for me RLD RNS was exciting.
Understand if annoying - Happy to go away.
GL to you
I would plan for 6 months and hope for sooner. Otherwise is a daily torture.
When are we all expecting some news?
AngelMarbles thought 6 weeks, which takes up to end Aug Bank Holiday.
Not that it affects anything for a suspended stock, but are there any more guesses for news?
I don't have a scooby-doo about this, but just know it always takes at least twice as long as we first think for a variety of reasons
Manilla?
Oaber - your thoughts would be appreciated if you get 5
GL
Hi everyone so aren't all these prospects in the Carolinas belt gold ? I also believe in mineral metals and precious stones.. the stones attracted me to RLD . I am confident with their knowledge and expertise ; the board has it in hand and we will see movement again in about 6 wks .. in the hands of the knowledgable an exploration can be sited and turned into producing mine, turning it into a billion dollar company if we have the right skillset and I think we do. I wonder if mark is interested in mining operations ..I'd love to see more communication once all is sorted out , to understand their mission and vision and direction.. keeping investors at the heart of it all