Member Info for bonker99

I don't have any armour to have chinks in lol

Any mention of six months time in September/October would have been referring to the Dugbe Q2 DFS which will put a firm £100m+ valuation on Kouroussa and Dugbe's 51% - i.e. if we sold them that's what we'd get for them, at a minimum, with Gold @ c$1,775.

H2 2022 is when I expect Gold to put on some very noticeable weight so that's a different matter but will ratchet up the sale value of both Kouroussa and Dugbe exponentially as Gold rises further.

@darren - not chasing it as such - I was fully aware of the timelines involved here and the likelihood of a pre-DFS dip but mid-teens looked a pretty good start to weigh in before Xmas, if I end up with a low teens average by April then happy days, I'm pretty clear where this will be sometime in H2.

The good/bad/good/bad news fiasco has been particularly interesting these past months - all the bad news is immediate/short-term/little impact, all the good news is longer-term/bigger impact so that's a nice, comforting, read for me.

It's all short-term games for the next few months so more than happy to average down but I repeat, I'm under no illusion that the full return here will only be seen here with a c4 year hold but I'll be offloading heavily the first time I see a hot weekly RSI, whenever that may be. Short-term dips just mean I make more profit ahead of that so bring it on.

Morning.

Similar view to me - if I end up with a low teens average here I'll be very happy.

Two gold mines both worth more than £50m each at the current gold price and an mcap of £50m is too much value to turn down, even with Yanfolila priced at £0.

Hopefully we'll get a shot at 12p or so and that's where the rest of my cash will go in - if it goes lower than that then I'll start selling other gold/silver plays to buy more. There's just too much value here to turn down and I'm very relaxed and patient with an expectation of gold flying after April/in H2.

@Darren - soon and for the rest of your life.

News next week then do ya think?

Stop buying - I want lower :D

C'mon, gimme more!

Not my job but do your worst ;)

Too much stuff in there to bother correcting but knock yourself out - please dump it some more.

Canadian data confirm slower US ecommerce sales indications in the US.

Sales down 3.5% in Nov and up just 1.1% y/y

Fingers crossed he sticks around for another couple of months ;)

Last chance for BTC right here/now to my eye peeps ;)

Yes :)

I don't know if they've got all the cash they need yet so maybe some (more) dilution to come for them but right now they're c1/4 the value of what their 49% of Dugbe will be worth at the current gold price.

<£20m

Re BT - Must..have..inflation..

Re Pasofino - remember their 49% of Dugbe will be worth north of £50m (Pounds) before the end of Q2 - their current mcap is <£30m unless recent dilution has distorted that up a bit.

US Existing Home Sales Change Dec: 6.18M (est 6.42M; prev R 6.48M)
- Existing Home Sales (M/M): -4.6% (est -0.6%; prev R 2.2%)
- Median Home Price (USD): 358.0K or +15.8% (prev 353.9K or +13.1%)

Inflating into a slowdown/recession.

Epic work by The Fed as usual.

Eyes down (again) peeps.

Topped up - loving this :)

Shots fired:

https://twitter.com/bonker_99/status/1484162820098998277?s=20

Oops: Initial Claims 286K, Exp. 225K, Last 230K

Continuing Claims 1.635M, Exp. 1.563MM, Last 1.559MM