Member Info for Bancal

https://www.gold-eagle.com/article/vaccine-coming-sell-your-gold-and-silver

Thanks GGPThruandtru

Where in the JV agreement does it say NCM relinquish the right to buy another 5% at fair market value? I can't find it.

Jonn this is an interesting read about market manipulation by the fed that affects the gold price.

Wall Street on Parade appears to be accessible again, along with its Friday report, "75% of the $454 Billion CARES Act Money Never Went to the Fed; It Was Invested by a Mnuchin Slush Fund Called the ESF," disclosing that the U.S. Treasury Department's market-rigging agency, the Exchange Stabilization Fund, has used "stimulus" money to buy euros, yen, and assets denominated in those currencies.

http://gata.org/node/20694

Gold market manipulation

http://gata.org/node/14839

An interesting listen but very frustrating he doesn't mention GGP.

Bang on speedy.

Lebugue I think folk have missed the question you want answered in your post. You asked "is the initial inferred resource" EXACTLY the same as the "MRE" I don't know but just wanted to clarify that your question is regarding the definition of inferred resource and not when the MRE will be released.

Being offered 23p to buy 20K shares so trades marked as sells at this price are buys.

Berenberg did not base their 22p valuation on 5m ozs. Berenberg attributed a value of US$614mln (£491mln) to Havieron and US$413m for Greatland’s other holdings across the Paterson region. They got to the 22p valuation by adding a complete guess as to what the other holdings are worth to (an educated guess as to what Havieron is worth.

https://en.wikipedia.org/wiki/Underground_mining_(hard_rock)

Me too and that's why I think Berenberg don't know what they are doing.

The Berenberg rating troubles me because they attributed a value of S$614mln to Havieron and $413m for Greatland’s other holdings across the Paterson region. How on earth can they assign a ridiculously accurate figure of $413m to resources about which they, like the rest of us, knew almost nothing about at the time the note was issued? The odd thing is that by adding that number to the spuriously accurate figure of $614m for Havieron you get to the 22p share price at the time the note was issued. If Scallywag results are a dud then presumably you knock 40% off the share price?

A long read but worth it.

https://www.zerohedge.com/markets/monetary-logic-gold-and-silver

Try Il Silenzio played by by Roger Diederen
HTTPS://www.youtube.com/watch?v=B804bBxIVpA

Well said Speedy

I have a few ELY as well

Lewis, do you know what the negative buy at the same time as the positive buy means? A cancelled order?

30-Oct-20 11:10:38 24.00 1,632,082 Buy* 391.70k O
30-Oct-20 11:10:38 24.00 -1,632,802 Buy* -391.87k O

Hopefully there aren't any firework-sensitive dogs, cats and horses near you.

Adz2020,
I should have known better with Xcite since I did work on the completion design and ESP selection and it was difficult to find a solution that worked with such heavy oil. I got out before complete collapse but I learnt a valuable lesson. As someone else said a balanced portfolio is a boring portfolio and as I get older boring sounds like a better idea than a roller coaster style portfolio like Sound and Xcite offered! Having said that, my portfolio is far more exciting than it used to be as I've allowed GGP to become a sizeable chunk of it.