Member Info for Boldicus

The more bs this guy does the higher and faster gold goes to $4000 :)

Cutting losses? Cause atm this is my biggest loser and its not going anywhere... I was considering taking a 18% loss last week and move to 2 others who are more productive...

But FoM, made me change my mind... I cannot see how the Korean's cannot provide the TMUP in this gold economic shift...

Truth is there is no right answer... I'm worried the SP will drop after consolidation, which is what I'm trying to work out on.

However the fundamentals still seem phenomenal...

If I Were in your position, I'd do one of 2 things gradually draw out a amount up to 100% time or take the 100% profit and leave the rest to ride, However I do suspect this to continue to rise... Also be ready to go back in...

Either way your in a excellent spot!

but the time I made 100% on BMV, resulting in £20k UP, and didn't take out the 100% cause I held resulted in me now being 30% down...

Which is money I could of put in GGP/GRL....

Either way don't let your emotions guide you...

I did a quick spot investigation into Gold price change over the last 12 months

POG has increased by nearly 50%

19.04.24 $2328 per oz

18.10.24 $2712 per oz

19.12.24 $2624 per oz

19.02.25 $2944 per oz

16.04.24 $3281 per oz

It is likely that a lot of us have noticed as were invested within this sector, the level of downplay across the analysts that is being posted regarding gold... likely while themselves MMs and IIs stack their positions, while planning on leaving leftovers for PIs get excited overs.

See, I cannot see that... 30p+ I can see. 60p I cannot 400%+ in 6 weeks... Obviously I want to be wrong!

But cannot see it with all the information already provided.

POG has increased by nearly 50% within 12 months.

19.04.24 $2328 per oz

18.10.24 $2712 per oz

19.12.24 $2624 per oz

19.02.25 $2944 per oz

16.04.24 $3281 per oz

What a beautiful site, starting to believe $5000 per oz is in the future. unlikely 2025 (but we can all dream)

TBH, I think alot of the people investing are expecting everything to carry on like nothing has changed and are completely disconnected with the world political situation...

This $3200 dollar gold price isn't going to stay... its going to climb... Dollars are done and we're going to go back to gold its a matter of when not if.

I had Past GGP share purchase of 24p and it's completely on another level now... So hoping we get back to that sort of level before consolidation.

Why are you posting so much? have you just discovered GRL?

it feels like your trying to pump... Just chill out abit , if you trace this board's conversations. They are usually pretty chilled and productive.

please don't be overzealous, Yes I can mute you but that's not productive for anyone.

GL, DYOR which you have :) and all the best.

£37k trades and it moves like this...

The more people look into this and do trading the better it will be, delays concern and lack of trading is why BMV dropped to 0.5p per share. imagine what it will be like with more constant trading...

ID78, History and communication track record heavily hurts GRL. we've now maintained monthly RNS's with consistent growth. which is a vast improvement over the past!

where do you think the value is if we do hit that?

What sort of Rerate do you think we would be looking at?

Defo both Right, Emma be playing with a bent bat definitely! and Gold position is solid, with a steady increase.

I think we will find out the situation within the next 2 months, when they have to announce the company finances. As they cannot really hide those, however if they delayed we could be in trouble.....

Ok that works out at the below:

Googled troy ounces "As of March 11, 2025, the price of gold was £2,253.03 per troy ounce."

430oz x 967,790

Ok so if I massively overestimate costs ALL IN as £700k, that would mean Net profit is £3.2m per year at present information.

That clearly gives enough cash for development, growth and progression. That's with myself purposely over estimating all costs. it clearly should be a higher net profit, looking forward to the account information once that is published and proven they positivity.

We should be looking good!

Well, we will have the financial update within the next few months. So if anything is attempting to be hidden that will tell us.

RNS information provided should indicate a far strong position than 2023 and 2024. but we will see!

I was thinking ideally at this stage we are wanting and waiting for:

Consistent output with increased gold production

Financials (april 2025)

is there anything else I'm missing?

That's what I do not understand, why did Aiden say anything? he could of just gone to visit Batangas said that aspect and said we're still waiting for kochang?

None of us would of expected anything, but instead he states progress and we all get hyped... I'm beginning to wonder if it will be rejected just based off politics of locals. "I don't want that near my house/farm" etc etc...

Their producing with consistent increases each month and Debt has been reduce. We should also see once the accounts have been submitted that the company is in a stronger financial position.

all of this plus the price of gold should result in a nice gradual increase as GRL rebuilds previous lost trust.

Your both absolutely right, at the end of the day we all should be aware this is a LONG process. we have capital, So we are not in screwed.

Others have committed large amounts of money $9 million at least (I think its 11m but rounded down to be safe)

either way I will continue to drip feed this until it bursts. However it is far more of my portfolio than it should be...

My questions is:

is he still in South Korea?

IF yes, this is a positive/productive potentially. He may also have gone to speak to the Philippines JV as we have heard nothing about that yet either.

IF no, he is drafting a response RNS and trying to put a spin on it.

Either way each day we wait means the likely the hood of bad news becomes greater and greater.

---------------------------------------------------------------------------- RNS----------------------------------------------------------------------------------

12 Jul 2021 07:00

RNS Number : 8405E

Goldstone Resources Ltd

12 July 2021

"The Company remains on track to achieve the target production of 25,000 ounces of gold for the first eight months of production,"

--------------------------------------------------------------------------------------------------------------------------------------------------------------------

which if hit would of been 37,500 per year. which is 3,125 per year.

Price at that time was approximately 14p pre share, divide that by 3 is 4.6p which is a easy target to expect. Gold loan Investors have accepted shares priced at 3p+ for debt. So I suspect once it's making money and GRL proving themselves 6p - 8p is realistic targets, with continued growth.