Member Info for Balanced66

Maybe a parabolic move is coming for gold.

https://fortune.com/2025/03/12/national-debt-burden-ray-dalio-foreign-government-pressure/

Not looking good for the world economy and the US in particular.

When gold goes parabolic it usually means there is something seriously wrong with the economy, financial markets etc and most commentators don't normally wish for such high levels for these reasons but it may be inevitable now.

https://fortune.com/2025/03/12/national-debt-burden-ray-dalio-foreign-government-pressure/

Yeah quite concerning and it looks like it's one poster talking to himself with the 2 or multiple id's.

If someone resorts to these lengths they are not cut out for investing; forget 10 bags more like -0 bags from the investing acumen shown.

Also, to have so much hurt and spite for someone who is alleged to have posted negatively on another board and to carry on for so long here is also worrying; time to see the psychiatrist I would suggest!

Fortunately, such drivel might work on stocks like MATD and GB which are not based on fundamentals but emotions and "stories" but it doesn't work on a stock like this one which is a real company making real money which is generally what investors seek in an investment.

To answer the statement made earlier about attacking the man etc, I would show more respect but when the admission is made that he is here to disrupt then no respect is due. Be grateful that others here have been tolerant.

Think it's now time and well overdue for others on here to report the 2 posters as it is against the terms and conditions and a statement has been made that the poster is here to deliberately disrupt.

In terms of jurisdictional risk, Rick Rule has stated on many different occasions that he prefers political risk over technical risk.

The problem for the 2 deliberately disruptive posters from the other pump and dump boards is that they have preferred technical risk over political risk hence the constantly elusive "massive" (to use a term they would probably use) oil find or the dud etc. What these posters don't seem to realise is that they have taken on political risk also, a double whammy. Here they are talking about Africa and they themselves are invested in jurisdictions like Namibia and Mongolia but don't seem to be aware as they are here warning us of the risks of "Africa". You couldn't make it up. A bunch of comedians.

Rick Rule, former CEO & Founder, Sprott Global Resource Investments has mentioned many time his preference for political risk over technical.

Here is a link to one website but there are also YouTube videos where he says this:

https://wealthion.com/wealthions-best-of-2024-rick-rule/

I can appreciate his mention of lengthy delays for permits in "safe" jurisdictions as there have been stocks were this has taken years.

https://wealthion.com/wealthions-best-of-2024-rick-rule/

From here onwards:

James Connor 5:37

you bring up a very good point, that is jurisdictional risk. So as an investor, what do you suggest to people who are trying to, they want to invest in mining, but at the same time, maybe they’re very concerned about investing in certain countries in Africa or certain countries in South America? And of course, there’s, you know, I could name a dozen companies, YPF energy in Argentina that was nationalized, golden oil assets in Venezuela, cobre Panama, in Panama, just in the past year, how do you as a investor handicap this risk? This is

These posters who have appeared to disrupt the board here and one of them admitting as such are very poor trolls. It's funny how much time they are spending on their posts and patrolling this board. Their posts are insignificant and most investors are able to see them for what they are. Investors here will not be the same as those on the Matd and Global Petroleum boards. These kind of trolling posts might work on those boards as they are your classic pump and dump stocks (although I have to admit these are still very poor quality in terms of trolling post quality!) but not here as people have invested on fundamentals; the pump and dump stocks have no fundamentals and are based on hopes, dreams and aspirations and new hopes, dreams and aspirations, you get picture.... after constantly letting investors down.

Anyway, I'm not posting this because I'm concerned about your posts affecting new investors but just to let you both know that you are wasting your time; like I said most investors would just see through your repetitive clichéd nonsense straight away.

Do you not have families or jobs that you could be spending your time and effort on? Certainly stocks like MATD and GBP have destroyed wealth so hard to see how you are supporting yourselves. Well I guess dreams and aspirations are sometimes enough to keep them fulfilled.

One of the common, oft-repeated assertions is Nigeria being in Africa and all the risks etc...However, this can't really be a concern for you both as Matd is in Mongolia and Global Petroleum in Namibia. Well it seems you guys have missed some important facts in your investments! Some level of basic research is required when you invest as blindly following the crowd usually leads to disaster.

Us dollar falling a lot and new unemployment figures also out.

All good for gold and more reason for it to power ahead.

What's their to comment on. The fundamentals are still in tact. Shares go up and down. The trend here is up unlike the pump and dump shares you and many private investors like to go for and the reason why most private investors lose money.

If you had paid attention you would see that many gold miners are caught in range trading at the moment. A bit of consolidation is good for further moves up.

Yes I remember Bushveld directors selling for tax reasons before the long slide in the share price from around 18p.

This selling is odd as they had a very small holding to begin with and to sell at these prices shows no confidence in the business imo. If they had confidence wouldn't they be buying? Whatever interest I had in purchasing these I'll put to one side now.

They are now cash rich but there seems to be no ongoing royalties from the Siemens deal so it is a one off.

The remaining issues of poor sales etc still remain and until that is executed satisfactorily the market may no be too keen on the shares as the market doesn't like companies that are just sitting on cash. The cash will start disappearing as it is used up by the business so it needs to become profitable soon.

Thanks for the link. Wow paraphrasinh "hopefully this time next year we should be able to go into production on our second gold mine"! That will be super quick if they can meet that timetable. But next year we should be in production from the Douta Project.

This will very likely be a multi country gold producer.

Able to but the shares at the moment for peanuts.

Https://www.globenewswire.com/news-release/2025/02/20/3029971/0/en/Roche-unveils-a-new-class-of-next-generation-sequencing-with-its-novel-sequencing-by-expansion-technology.html

Https://www.globenewswire.com/news-release/2025/02/20/3029971/0/en/Roche-unveils-a-new-class-of-next-generation-sequencing-with-its-novel-sequencing-by-expansion-technology.html

Any thoughts on this?

These are the lowest quality of trolls I have ever seen on these boards since 2000 quite the accolade. With trolls normally I would feel compelled to read their posts. Not here as the posts are meaningless and appear to be written by 10 year olds.

It's not surprised they feel like a fish out of water when they are coming from the Matd board. Their lack investment analysis is obvious and it's not something you need in a very speculative loss making company like Matd so it's not surprising they have zero meaningful input here.

We'll have the last laugh when we're past 30p in the next few weeks and months. This share hasn't yet started it's real move imo.

My view on markets generally is that they often do the opposite of what commentators expect so a parabolic move may be a possibility. Certainly gold miners have ground to make up as they haven't performed as expected so parabolic moves from stocks is still a possibility.

Gold is performing well in the face of a strong dollar and high Treasury yields so the signs are good for continued strength in the gold price. Central banks are also still buying.

One commentator mentioned a while ago that if China revealed its true gold holdings it would send the gold price parabolic as the belief is that it holds much more than current estimates.

You're both welcome.

I personally don't copy and paste as believe in copyright. But doesn't stop me linking to a website where someone might have done that. Wasn't really highlighting that person's views on GGP just the article.

I'm wondering if we are indeed going to see the once every few decades parabolic move that gold makes.

Hi

Will be looking at this stock in more detail. How does Kromek make any money from sales by Siemens? I cannot see mention of any royalties.

Https://x.com/wmiddelkoop/status/1888620453989662925

FT article copied here:

https://www.ggpchat.co.uk/viewtopic.php?t=1053

Https://www.ft.com/content/f6459ed1-8a65-4d89-8bd8-40e8546912f0

Interesting article. I was able to read it without a subscription. Suggesting US treasury may revalue their gold assets in their balance sheet and a higher gold price and lower dollar may be Trump's desired outcome.

...are campers trying to get out while telling others to hold or buy.

This appears to be the typical AIM lifestyle company failing to deliver and coming back each time for more funds.

Still overvalued imo.

Last 2 placings have been annual so expect another one this year and they have been disasters destroying shareholder wealth.

The February 2023, placing of new ordinary shares at 2.50 pence per share, represented a discount of approximately 39% to the previous day's closing price of 4.10 pence.

The June 2024 placing - the closing price was 3.75 pence which then declined to 2.26 pence by June 26, 2024, a decrease of approximately 39.7%.

Plenty of real investments out there why people flock to such stocks I don't know but the resident rampers must bear some responsibility.

Always surprised why investors cling on to stocks like this which have been loss making for years and failed to deliver. The answer appears to be that many of the active posters are ram