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:
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 Members are members that have a premium subscription with London South East. 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.
Are we seeing a start of a bull run on the metals markets???? could be excellent timing for SOLG
Willem Middelkoop said a Junior Miner Bull Market would start in early 2024 and SOLG is his top pick...
We had a dress rehearsal in December with GDXJ twice hitting 39.40...
It then fell back to 31.20 on 28 Feb but since then has motored up 20% to 36.29...
The last Junior Miner Bull Market was 2010/2011 when GDXJ hit 167...
I believe we're on our way and will see stellar gains in mining stocks like SOLG and EQX and Gold Silver funds like GPM...
Gold is hitting new all time highs hourly...latest $2171...still nowhere near reflected in stock valuations...
SOLG now has $68 billion of gold in the ground and $108 Billion of copper...
Work that out...
Come on now with a little wind behind we could close in the 9's, however sad that may seem compared to 2 or 3 years ago but as long as you've been able to top up a few times at these levels then its happy days soon...
I thiught it was 55p by Friday novice...wink wink...
This stock has a long way to go to recover okay if u bought lower but many shafted at higher levels
PoG should have hit 3000oz during covid but FED Reserve prevented it.
That cost the FED alot of money. They ahve suppressed GOLD for years now in support of the dollar.
At some point the reality dawns that the gold in them vaults aint quite what it should be. Some of those vaults are empty.
If the real numbers on Gold speculation were know, we'd be through 10000oz now.
And due to covid (orsubsequent inflation woes)... miners have not put cash into development so are way behind now with resources falling and limited signs of add on production ops.
Hate to urinate on your French fries drake but the US has the highest gold reserves in the world by quite some distance
Going to be interesting to see if the US trade side or canadian player slaps the price back down in their afternoon post 1.30pm trading hours like they did yesterday.
We've had so many strong volue days only to see the sp close suspsicously at unchanged level almmost to the last tenth of a penny. That's just bizaar. It's as if they are desperate to negate the days action which would lean toward a deliberate VWAP control and we know VWAP is often used against bid/offers as justification or explifies premium offered.
Cuckoo
US never lets anyone inspect their so called reserves
Believe what you see not what you here
Gla
I think we'll hear about some non dilutive finance in the next couple of weeks, maybe on the back of the strategic review finally being published. I certainly expect them before the technical report is out and that's highly likely to be sometime this month.
Dollar now at a low for this year and likely to fall further on rate cuts which has already pushed gold to a 5 month high. Silver also rising and I'm sure copper will do so soon to create the perfect storm for a returning bull market.
China economy needs copper and Chinese consumers flocking to gold. Newmont now producing 50% more gold than Barrick who I feel have to respond, maybe other majors too. I feel every week that passes paints Cascabel in a stronger light. BUT it annoys me posters stating 'breakout' , '9-10p tomorrow' etc. The fact is they'll be no breakout. Not because of the so called market manipulation, or by credit companies or anyone else. The fact is we need to sort our own balance sheet out and extend the financial runway, THIS imo will be the catalyst for the SP to fly. Luckily I think all will become clear on this in the next 3 weeks. Until then, more patience required I think.
The interview confirms the thoughts from my last post. The one and only priority for Scott and Chris should be enforcing our cash position. Once achieved its the difference between Cascabel being valued in billions as opposed to hundreds of millions. However as I've stated before, I'm very hopeful it will indeed be sorted this month, and with gold forecast to hit $2,500 an ounce by the end of the year, and the PFS costed at $1,750, Cascabel could not only be huge for us it could and should be gigantic.
Yes HfH
A bidding war could easily see this sold for billions. A £1+ share price is well possible.
GLA
55p by any friday soon would be amazing 😉