Member Info for Chippy9

Next Wednesday I’m going for 😀

Just caught up on posts.

Looks like paddysat already told me 😉

Back to hibernation until next week when hopefully another RNS drops with our quarterly results

Gl

I know I put a winking emoji, but genuinely am I missing something?

GL

So a quick glance through RNS.

NOT included in the ORE3 are 3.5m oz gold and 103kt of copper from west dome pit.

Also 2.6m Oz gold and 201kt of copper from underground.

So 6.1M oz of gold and 304kt of copper not included but still to come?

And I just bought some shares at £6.31??

Am I missing something 😉

Still waiting patiently for my little slice of history

Gl

Exactly Monty you don’t ‘know’ if it will be 2 years or not.

Maybe you’re just a glass half empty type of guy which is fair enough and that’s why some posters may call you negative.

Me I’m a glass full type of guy. But I’m an investor not a trader , and while I’ve stated a few times that I can see gold price dropping a bit more, I honestly believe that this gold correction won’t last much longer ( September). Then with all the financial problems in USA, I think they will cut rates as they say inflation will come down ( oil dropping will be the excuse) then we are off to better things. ( that’s my opinion only, haven’t got a clue like the rest of us)

I’m keeping the faith anyway, good luck on whatever you do.

Gl

“The true investor scarcely ever is Forced to sell his shares, and at all other times he is free to disregard the current price quotation. He need to pay attention to it and act upon it only to the extent that it suits his book, and no more. Thus the investor who permits himself to be stampeded or unduly worried by unjustified market declines in his holdings is perversely transforming his basic advantage into a basic disadvantage. That man would be better off if his stock had no market quotation at all,for he would then be spared the mental anguish caused him by other persons mistakes of judgement”

From the book :intelligent investor

Always worth posting this again ;)

See you next week for RNS 🤞

GL

In other news

Last time gold hit these prices was in November last year. We were about £3.70……..

So a £1 drop in a week after gold dropping $300.

Still unfortunately a little more to go I feel, which is about standard for this share with news hopefully due next week!

As while our timing has been great in purchasing Telfer etc…., lately whenever we release fantastic news the gold price has been dropping.

The good news is that once gold finishes its latest correction ( I hope it’s just a couple more hundred dollars), then the fundamentals of the company will take us to where we all want to be.

Until then best to disappear for a few months as the doom mongers will infest the board.

Still waiting patiently for my little slice of history

Gl

Haha yes sorry !

Surprised your surprised 96!

Unfortunately if it stays under $3300 then GGP dropping to the 6s again🤦🏻‍♂️.

It’s the hope that kills you 😬🥲

Frustrating I know but we know what we have so just have to keep the faith .

But this board will be a nightmare tomorrow 👀

There you go

Rates stay same. Gold drops 1.5% $70 in 5 minutes.

No drama in grand scheme of things but shows you how volatile the markets are.

See how things settle after Warsh speaks but probably see a drop tomorrow now.

Still waiting patiently for my little slice of history

All eyes on Warsh at 7.30pm uk time.

Any hint of interest rate rises and gold will be walked back down.

Likewise any favourable mention of interest rate cuts in the future and up she’ll go.

Hopefully the later , which coincides with signing of peace deal Friday, a quiet weekend on the war front and a RNS update early next week from SD and GGP will be at all time highs 🤞 (one can dream 😉)

Gl

Hi Speedy

Not sure what I said was wrong.

If gold so easy to predict why didn’t you sell

All your Brit's in January at the peak and buy them back today at $4060? Or would you have been better waiting until it dips under $4000 as you posted will happen earlier on?

From all the information I’ve read, I believe that gold will be higher than it is now. WHEN is the holy grail though.

Like I say we will all be right at a point in time with a prediction we make. But if you don’t react to that point in time then does that mean you are wrong or right??

No doubt you know a lot more about gold than I do, I’ve been here since 2017 and never filtered a soul, as everyone will have a different slant on things.

But to say you can predict the gold price , to me is nonsensical. You can have an educated theory of where it’s going , I believe it’s going up , but I can’t 100% tell you when.

So if you think what I say is wrong then that’s your opinion, but really not sure what I said in my post makes you assume that.

Gold will go up and down, that’s 100% a fact.

Do I believe the general trend will be up over the next few years will be up? Yes I do, due to numerous factors.

But timing when best to get off the train is something that no one can predict.

Otherwise none of us would need to be here as we’d have benefited from our 100% certain prediction !

I’ll still be here for a good few years (hopefully) and will enjoy reading your posts .

Just let me know when we are hitting $6500 an oz as if it does I’m gone. 😀

Nobody knows Monty

NOBODY.

All just guessing. Gold will go up and Gold will go down. Just have to be lucky getting off the train at the right station.

Too many ‘experts’ here , some with positive slants and some with negative.

But not one of us has any control over what happens to the SP. Just have to keep watching the company news and see if it works for you.

So far not much negative news coming out from the boardroom, and the next few releases seem to be lining up to be good as well.

So still waiting patiently for my little slice of history

Gl

Yes PJ

I’ve read the consensus that once the sh*t hits the fan everything will be sold, including gold.

However the majority think gold will then be first to rise and have its time to shine.

If everyone knew exactly what was going to happen then we’d all be millionaires.

However a lot of confirmation bias comes into play.

There are people who believe that gold and silver are rubbish.

There are people who believe they are going to the moon.

There are people who believe the stock market will keep going up, people believe in bitcoin.

ALL of these will have a point in time when everyone will have been correct. However you just need to get off the train at the right time to fully monetise your position. Easier said than done.

Im prepared (as much as one can be) for GGP to go below £6 again. ( not a deramp as you only need to read my history I’ve always been super positive on the company) however mentally it is always hard watching ‘paper’ money drift away.

But that’s all it is. Paper money. It’s not real money until I sell. Will I sell too early? No doubt I will. But there will be a time when I depart this wonderful company as I will be comfortable enough to enjoy my life.

However that time is nowhere near yet.

Good luck in your investments and hopefully everyone here gets what they want .

Definitely hiding now until some company news is released haha.

Hi Pj

Yes the world economies are Fecked, don’t deny that.

IMO all done by design though. No doubt a rocky period coming up, which I’ve said before, however you either sell and conserve your capital or you sit and wait.

I sit and wait (and wait, and wait 😆)

As I believe GGP will get to double figure share price .

Whichever way people choose to go I wish them well as we’re al just trying to better ours and our families lives .

Gl

The ‘bullish’ US jobs numbers that will be revised down in a month.

Manipulation at its finest, the way the markets work has been a real eye opener the last few years.

Remember they don’t want the little guy to succeed, keep the faith.

Still waiting patiently for my little slice of history

Gl

Last few times quarterly report we get a glimpse first week in July hopefully , full report end of July.

Reserves , not sure exactly. Could be anytime , but my guess is same time as the quarterly.

Just the standard 15p drop on nothing.

Wait until gold drops again ( if it does?) we’ll drop 50p no doubt.

Still can’t quite fathom the way we trade compared to gold price sometimes.

Not worth fretting about though in the grand scheme of things.

See you at the updated reserves and quarterly report 💰

The price at 1 stage on the ASX was $14.18 ish

So £7.57.

Then closes £7.38 equivalent.

Did anyone ever buy any on the ASX ? As with them being ‘first’ for news , if you trade then you’d be best to do it in Aus?

(Obviously FX fees etc… would play a part)

Price action today was great for the traders here, amazing how words from a select few in the world can move markets like they do, unfortunately the little people get swallowed up unless they are extremely lucky.

Roll on the resolution of the ‘war’ in Iran (whatever it may be 🤷‍♂️) as then GGP will really start to motor 🚀

Just have to keep the faith and shut out the noise, if I had the funds I’d be a buyer, but I’ve been all in for years 🤣

Still waiting patiently for my little slice of history.

Gl