London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
You will only have one login account. Registering with multiple accounts is not allowed. Any user found to have more than one account on this site will have all, and any future accounts suspended permanently.
Your email and password must only be used by you. If a post is made under your account, it will be considered that it was posted by yourself.
Your account nickname must not be the same, or contain, listed company names or board members' names.
While debating and discussion is fine, we will not tolerate; rudeness, swearing, insulting posts, personal attacks, or posts which are invasive of another's privacy.
You will not;
discuss illegal or criminal activities.
post any confidential or price sensitive information or that is not public knowledge.
post misleading or false statements regarding the share price and performance. Such posts are deemed as market abuse, and may be reported to the appropriate authorities.
post any private communication, or part thereof, from any other person, including from a member of the board of directors of a listed company. Such posts cannot be verified as true and could be deemed to be misleading.
post any personal details (e.g. email address or phone number).
post live price or level 2 updates.
publish content that is not your original work, or infringes the copyright or other rights of any third party.
post non-constructive, meaningless, one word (or short) non-sense posts.
post links to, or otherwise publish any content containing any form of advertising, promotion for goods and services, spam, or other unsolicited communication.
post any affiliate or referral links, or post anything asking for a referral.
post or otherwise publish any content unrelated to the board or the board's topic.
re-post premium share chat posts on regular share chat.
restrict or inhibit any other user from using the boards.
impersonate any person or entity, including any of our employees or representatives.
post or transmit any content that contains software viruses, files or code designed to interrupt, destroy or limit the functionality of this website or any computer software or equipment.
If you are going to post non-English, please also post an English translation of your post.
If you are going to post non-English, please also post an English translation of your post.
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium and Verified Members
Premium Members are members that have a premium subscription with London South East and have access to Premium Chat. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
It may be old news to some, but I didn't know that an alternative to a site visit may be possible. I've not seen it mentioned on here before, I read the RNS at the time and still missed it. For me this is potentially very good news! If both parties "do" go ahead "without" a site visit, it shows how keen both parties are to work together. Funding is not going to be a problem for Solgold going forward!
“Franco-Nevada and SolGold have each received all required corporate approvals for entering into the transactions.” It’s obviously been in the making for some time ... Ingo earning his corn Cookie they said when we got the 15m bridge and the 150m to see us through to DFS that they wee looking to place another bn
Copperpot ,fantastic find my friend ,does look like its signed ,also a big plus in there is they have also indicated there interest in funding the mine $1 billion mentioned ,brilliant stuff Copperpot ,thanks for posting !!:):)
Snippet for anybosy that doesn't have the time to read the full article......
The site visit is expected to take place as soon as travel restrictions are lifted. Both parties will adhere to appropriate health and safety measures in order to mitigate potential risks of COVID-19 infection to the personnel of Franco-Nevada, SolGold employees as well as the communities in and around the Alpala project area.
*****As a backup measure, both parties are also investigating alternatives to a conventional site visit*****
On the contrary, government debt doesn't matter, as that is about our international credit rating, and the bond market. It won't stop interest rates going up. I predict first 0.25% rise within 12 months.
Good afternoon Showmethemoney, I believe you are wrong when you say you cannot hike interest rates because of debt. Interest rates move because of money supply, inflation is a symptom. So to give a fuller answer. If you have too much debt in any society, then spending eventually becomes constrained. So banks and lenders, strengthen their criteria for lending, and thus, will stop lending to people with debt. This puts a constraint on money supply, and prices are cut. However a floor is reached, and money has to made available, so banks raise interest rates, firstly on people who they consider a higher risk. this leads to a limited easing, but eventually lending is an acceptable proportion of GDP. This is the point where interest rates go up. Yes people with the unaffordable debt, get badly burnt, and its truly awful. But don't assume that interest rates cant go up. Banks have already tightened up their lending criteria, and it will be tightened even more.
haha Quady - no i am absolutely not on board with bitcoin, however, do i think future currencies will be digital - absolutely but hopefully linked to a gold standard
The reason i think they will be digital as it will be easier to track funds, imagine the government been able to track where every unit is spent, the journey it takes and where it ends up. that kind of information will be priceless for governments.
as for the gold price, i said its only loosely based on markets, that is certainly true, just check peaks of gold and you will be equity's at lows - but its more the dollar strength - gold stays constant, the currencies weaken making it look like gold is stronger.
I am not saying what will or wont happen with currencies, but my hunch is they are reaching the end, interests rates are zero now, look at the history and you will see them dropping gradually, the values of FIATS are decreasing faster as a result, they cant increase interest rates a lot cos countries are too highly leveraged with debt and will just default. of course they could print more money to pay that but that devalues currencies more too so its now the case of when and not if FIATS are replaced. All positive for Gold though
I doubt it regarding a takeover. I reckon there's way much more gold and copper than they originally thought and hence thats why NM wants to aggressively proceed with drilling and get Franco Nevada on board
Good afternoon Showmethemoney, I have read to many idea's about fiat money, sounds like you have been or about to be seduced by the bitcoin argument. You don't mention anything about the money supply cycle, also gold is not at all based on stock prices. It's a commodity like any other, and usually a safe haven at times of political or economic turmoil. Gold prices will start to ease back, once the world becomes a more predictable place. So never going to reach 5,000 dollars an ounce in my lifetime.
gold is loosely based on stock prices, but generally it is more the dollar. As the market increases the dollar often drops as the dollar is seen as a hedge when the market is a bit bearish. Gold doesn't really increase is value as such, FIAT currencies just end up being worth less.
as for gold, almost all economists are bullish on gold at the moment - most predicating prices of $2000 per ounce or more, some saying $5000 in the next 5 years. The reason is people are expecting the dollar to weaken alot. Many economists think Fiat currencies are almost at the end of their life now so its a case of how long can the Fed and governments prop them up with stimulus and increasing liquidity all of which may drive Fiat currencies lower. personally i think investing in gold now is just about the best time to do it.
Hi All, I am currently looking for a good gold mining opportunity and my research has brought me to SolG, great to see that the highly regarded colonel is part of the group, as we both spent a lot of time when investing with Amer.....