Member Info for bonker99

Fingers crossed!

The chart looks to be in Position A at 90p.

Take a look at HUM @ 15p if you haven't already.

Which is always the way but I think I nailed it at 760p :)

Take a look at HUM at 15p ...

Again, 51% of Dugbe (funded by Pasofino for 49% earn-in) is worth c£50m at c$1,800 so the cash + Yanfolila and Sanioumale East expansion + Kourassa is currently being marked to market at less than £10m at the current 15p/£59m mcap.

That's 300k oz pa we're looking at there - Dugbe's PEA AISC is less than $900oz - that's serious money.

Bags :)

Because I think we'll get lift-off on Gold/Silver from January.

Simple question - does the World's third biggest gold mining company own more or less of PUR now?

You're not missing anything - other than the debt (who cares?!) - just grit your teeth and keep buying ahead of Xmas.

The LBMA's pass which expires in January 2022 is obviously an indicator of something - those guys ARE the "market" for Gold.

That's why I'm not suggesting that Gold flies before then although it could still put on $300 between now and then of course.

January is Fed Chair time of course - put the case that Jay Powell is toast (someone has to take the "fall" in the public's eyes) then Lael "YCC" Brainard is brought in and you're adding more hyperinflation via massive bond yield suppression which is the nitro to add to the mix with inevitable -ve rates.

In short, the 40-year bond market is over, 40 years where Gold has merely 2x bagged since 1980 - if it hasn't 40x bagged in the next 40 years I'll be amazed.

Russia & China know the score, they run the table over that time period and they're loaded to the gills with physical Gold ...

BTW - the guy talking about that official gold revaluation is quite possibly the smartest guy I've ever come across on FinTwit and likely to be "connected". I was genuinely surprised when he pushed the idea so publicly - a lot of egg on face there if he's wrong.

Sometimes you're sat right at the bottom of a 10x bagger but you can't see it ;)

Some really interesting chatter on FinTwit re Gold last night and not from the usual suspects - along the lines of an official revaluation, like overnight as they did in the 1930s at +75%, to fix balance sheets for banks.

That would fit right in with Basel 3 of course where Gold = cash ...

They want the spread bet bottom - they're looking to lev to the max - this is a good thing ;)

Looking forward to Friday's US jobs number.

You guys are funny :)

You appear to be stuck on one post mate - something wrong with the sock puppet code? ;)

Yes, lots of news items to drop.

Oversold on both the daily and weekly now.

Yup - looks like they'll use a "credit event" to spark it all off - huge payment required by Evergrande in January 2022 - go figure ...

I wouldn't worry about the gold price anytime soon lol

Nice 250k buy they kept from y'all until after the close ;)

If Lael "YCC" Brainard gets the Fed chair (and I think she will) - then that'll send gold flying soon enough.

The word is that Jay Powell could be out next Wednesday 13th - keep em peeled.

ISM Services 61.9, Exp. 59.9, Last 61.7

:)

Difficult to post a rationale if nobody knows ;)

Anyway, so far, so good from 1226.