Member Info for booboouberbear

The truth is no one really knows.

There is a reallocation of physical supplies being moved out from the West and moved East, gold buying (and that's just what they admit to) by central banks as registered by the IMF and World Gold Council are at 5 or 6 decades highs, and you can bet India, China and Russia are only declaring a portion of that.

No one really knows what happens when this physical delivery mania hits the corrupt paper system at LME and COMEX head on, it could be explosive as the paper markets are multiples of actual gold in existence.

Yes, 6.5% yearly, core is stickier, but slowly trading down. Bit of a Goldilocks number for AUX and that's ripping higher.

It's hard to get much more bullish here lol.

I've been gobbling shares here at a rate of knots.

Up in a couple of minutes, should be interesting for AUX either way.

What to expect in Q1?

Singida construction update / production

Isula/Bushiangala resource update

NLGM reserve and resource update

Ramula Resource update

Q4/FY production update

https://www.streetinsider.com/dr/news.php?id=21054350&gfv=1

Bullet Point 9 at bottom of report. Looks like our 2% NSR for WK has been sold on from Barrick Gold to Osisko?

https://www.telegraph.co.uk/investing/shares/mining-stock-could-worth-weight-gold/

Yes, top broadsheet tip from Questor (whatever you think if the telegraph).

We are in such a strong position, serious news streams on WK, Singida and NLGM in Q1, January alone should be very rich showing real value being added.

With the POG continuing to strength under sustained central bank buying, the next 12 months here should be epic all things being equal and no unknown unknowns coming out of the woodwork.

Considering the market at large, are there any comparable companies to ours that have outperformed us over say the last 6 to 12 months? Anything I track is languishing despite its actual performance or progress.

Quite funny watching the FED playing chicken with the markets, the market’s know what happens with the **** hits the fans, and they are positioning themselves for it.

In a debt society, no central bank can allow deflation, the game is up if they allow that. Tanking interest rates and QE will be along in due course.

US ISM Services Numbers signalling outright recession, US Treasury’s and US Dollar Index taking a tumble.

How long can the US Economy survive 5% interest rates, I doubt for long and the market will cost that in and you’ll see interest rates dive in Q2 at some point IMHO. All great for Gold and SHG.

I think we will be looking at outright deflation and more QE at some point to counter this.

Considering the liquidity and wealth destruction of 2022, both AU and SHG have held up very well, for me, it’s about waiting for when the Micro (SHG) and the Macro (AU) is in alignment, and at that point we should naturally rise, if you follow Michael J Burry, this sums up where I think the Macro will head, and if the SHG deliver their stated masterplan, the rest should take care of itself:

https://mobile.twitter.com/michaeljburry/status/1609767590494371840?cxt=HHwWgIDUpYfGhdcsAAAA

https://www.fool.co.uk/2022/12/26/4-penny-stocks-id-buy-to-hold-for-the-next-20-years/

Yes, really appreciated for posted on the full text.

Come March onwards, I'm excited fir the enlargered Shanta. Good look everyone and have a great 2023.

On a tare....here's to a lucrative 2023, and when Singida goes live I firmly believe the SP won't touch the sides here going north IMHO.

https://www.lse.co.uk/rns/SHG/525m-silver-streaming-advanced-payment-received-33pa8it0eejyxdi.html

“By way of reminder, the SSA relates solely to silver by-product production from the New Luika Gold Mine with minimum silver delivery obligations totalling 608,970 oz Ag over a 6.75 year period.”

So by Mid / Late 2023 Shanta get’s back all of it’s Ag Production too?

Both metals should have a scintillating run in 2023, and when the Fed signals interest rates are to be cut in the face of deflation and a recession, we are looking at a clear run to an all time high in Au IMHO. It's surging just now in a rising rate environment...

Come March we may become a cash machine with a massive exploration permit. Wets the lips.

Taking rent / shelter out, the US is entering a deflationary period.

It's not alone, sadly, this junior end of the market is in the pits, despite what the company's may be achieving on a company basis.

For me it's add, watch and wait, its a great opportunity to buy quality stocks where a so mistreated.

With the USD Index moderating and Gold rising our margins and AISCs should be getting better by the day.

Keep buying for when March / April comes IMHO. Cheap as chips based on 2023 Q2 projections onwards.

Considering the 1,182Km2 to play with and a decent exploration budget, it's going to be enormous.

Only a matter of time before it's a farm-in or buy-out surely?