Member Info for bonker99

I actually have what I think is a reasonable expectation of Gold back-testing c$1,810 but we'll have to see how it plays out - anytime after April but specifically mid-Summer looks good to me for another big wave upwards for Gold and I like c$2.4k on that move by around year-end.

Part of the reason for money moving to Gold miners right now, other than the stellar growth/value proposition they present, is that the market has seen Gold move back to $2k and it's a pretty fair estimate that c$1,800 is/was the low forever more such that companies with whopping DFS NPVs predicated on $1,800 Gold (I.E. Dugbe/$1,750 for Kouroussa) can start to be "banked" as being the lowball from here on out.

Outright profitability in a rising Gold price environment goes exponential of course subject to rising costs but if both those factors move at the same pace in percentage terms then, as I've outlined before, the profitability FCF factor still increases markedly.

Anyway, only one week until the new tax year and only four weeks before "before May" (Dugbe DFS drop timeline) runs out although "before May" could be tomorrow for all we know.

:)

PS: Don't assume the 10% discount you mention will be from the current SP - it could be from the prior 32p placing number, I've not seen a ton of selling here, right?

Time will tell.

Presumably we're all Gold bugs here and we share a view of where Gold is likely to go to in the year(s) ahead.

A tiddler like HUM "all of a sudden" looking like a 300k oz pa producer is precisely what 10x baggers are made from but you've gotta see it before it happens and stick it out, nonsense forum posts and all :)

There's no growth in anything except inflation sensitive assets for the next 3-4 years at least IMO - that's why the money is rotating ...

It is what it is guys - heavily oversold on the daily now, tapping oversold on the weekly - at the all-time-low of 25p right now.

I expect the rest of the year from here to go far smoother, if you catch my drift.

Seen this sort of stuff time and again ahead of precious metals/commodity booms.

As for Sprott, well again, it is what it is ...

Great day :)

An expected pivot from regular stonks - growth is dead, value is king.

Talking of value .......

Morning.

I think +20p by July is closer to the mark.

As I said some months ago, find me a gold miner with 3m+ oz of Gold reserves for £50m and I'll buy it today but the answer is the same for 3m+ oz of Gold reserves and a £100m mcap.

Centamin have 12m oz at just 1g/t at an mcap 20x HUM's.

That valuation gap is not going to last going forward.

Holding it back for their mates I assume - must be running on fumes now - lower ask will only bring more buys from here ...

I'm ignoring the words ........

I wouldn't take a blind bit of notice of the words tbh - more interested in buying at the all-time-low at c25p :)

Comedy trades :)

Keep em peeled.

Desperate not to raise the advertised book even though there's buys going in over the ask :)

Possibly - I've added some at 23.5p anyway.

Now the MMs are just making me laugh :)

Feb 15th - north of £1/2m worth for one guy @ 32p.

One day Rodders ...

My 17th March post .....

Rather enormous BOD buys at 32p very recently so , yes, no guarantees this is going lower though I suspect they'll have a stab at c25p if they can.

I've thrown some POLY profits at it at 28p anyway - see how she goes - obviously when this start going right it's likely to get very right indeed, and quickly I should imagine.

170p on the board here remember - can't/won't rule out a 10x from here at some point ...

That's just one of the 3x giant trades we saw the other week at 13s - Sustainable's final 9.1m dump to 0% - who's got the other 6.5m shares then eh?