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The share price is about to do very well from what I’m hearing.
French major Total and its main partner Qatar Petroleum (QP) intend to start drilling the Namibian prospect Venus on block 2913B by September.
News flow should start in the next few weeks and its going to be big. The share price has been idling in the twenties for some time, waiting. You should see the share price rise at a trickle to start with up to just below 30 pence then bam itll be off.
Great post.
Perfect Coms would be great in an ideal world. But you can’t be perfect at everything. Luckily the price of gold is ‘doing well’ and the company’s track record is very solid. The equity raise above the share price shows there are buyers that don't want to miss out. The ongoing drilling programme should produce a good set of results, since, this isn’t blind prospecting, its in a highly fertile gold vein recurring area and
by virtu of probability throws up that OMG, wapping, Mega find that launches the share price far into the distance. Your buying into a fairly steady share so the downside(if any) isn't a lot.
OBC’ latest crypto currency projects:- Buenos, Argentina’s crytocurrency and Braz.io, Brazil’s.
People are starting to shun their own high inflation currency and banking system in Argentina and adopt cryto. People can buy and trade it from one phone to another its simple to use. Governments can’t tax it, touch it or confiscate it, you can convert it into a more stable currency such as US dollars to go back into a fiat currency. it doesn't loose value continually (yes it may go up and down bit but basically it increases in value). OBC are going places.
On line blockchain and Trism collaboration= a fantastic opportunity for OBC. NFTs introduced scarcity to the market for digital assets and the price rises with that scarcity( there is only one proven original). Bitcoin’s and Etherium’ss price rises on the promise of their scarcity. However the Art world can produce an infinity number of individual scarce items, and that equals a market bigger and more valuable than anything you’ve ever seen before. On line blockchain are in ‘that space’ now.
OBC’s connection with Trism is nearly un-handle-able, its growing so fast.
Trism is an early starter in the NFT Art space which is going crazy. There are more buyers for digital art than sellers - its ballooning so fast due to each artist trying to ‘get known’ by working every social media platform they can. As an Artist get better known their art increase in value. So early buyers are making a killing and so too are the Artists, who can opt for a % commission on top of the sale price for every copy reproduced for-ever.
Art is sold for crypto and attached to an NFT, the token with a unique asset code which gives the whole process surety. Blockchain oversees all the transactions and charges a fee. Thats where ‘On line blockchain’ is right now.
Artist from Korea, Japan, China, America, Africa, Asia, Europe, all over the world are all piling in and buyers are too. Its the new crack-cocain of the internet.
You could make a lot of money investing in OBC at any price level.
Thanks PD for the in-depth analysis Hahahaha!!
If Yair Tauman is a expert Game theorist he will already know the outcome. If Clem is also a bit of a Game theorist, the two will be working towards an outcome thats already known to both of them. Are they willing to accept it? Obviously Advfn is worth fighting for. Therefore the share price should go up!!
Gold has formed the water ski jump. The ski boat powers up the lake on idle speed towing the skier. (Thats the run up to $1,300 to $1,500 an ounce). The boat turns back,
the throttles are put full forward accelerating towards ski jump speed(Thats the run up to $1,880 to $2,000). Just as you think its all on, - the skier peels off in the opposite direction away from the jump against massive resistance.(thats the pull back to $1,500 to $1,700). Then- The skier leans towards the jump accelerating to double the boat speed. It gets choppy as he crosses the boats wake( thats the run up to gold at $2,300). Gold sells off as people think its topped out and are shocked as he hits the ramp and accelerates faster and higher.(Gold at $3,000 to $4,000) At the top the skier detaches from the ski boat. This is when gold detaches from reality and goes higher (thats the run up to whatever crazy limit you can think of). You need to be out of the market at that point because the skier is about to come down to reality with a bang. But hey what a ride.
Looks like OBC’s share price is about to take off like a rocket. 60 million market cap looks easy.
The charts have confirmed any dip in the Gold price in the next few days will be the starting gun for an enormous rally. Bought and buying more AAU and others this morning .
Looks like gold wants to have one final flush out. Its also going to try to grab hold of the junior mining stocks and take out the weak holders before it starts its accent.
I’ve started buying back in here ready for the massive gold price rally.
Hi VanVan, the gold price is a fairly steady and a well charted commodity. This is basically what all the charts say. The 310 day wave bottoms in April /May (it will drag the price down with it possibly 1680 down to 1600 but pulls it up like a magnet when it rises). From May it rises, and something that doesn’t happen very often is a whole load of other waves and cycles all hit the upside at the same time. Which takes gold to $2,600 this year. The gold price won’t follow the waves exactly and won’t hit the price tops and bottom exactly. But you get the drift.
Oh and by the way every commercial gold trader in the world follows the gold price cycles so it’s like a self fulfilling prophecy.
Director share purchases here (particularly this company) are a good forward indicator that AAU will do very well.
However there is going to be a sharp drop in gold and silver prices before it picks up again mid April/May. Which may affect the share price.
Panic buying has started all over the world. You can order silver but there’s no delivery dates, they keep slipping. The big banks are hoovering up every gram to cover short positions.
The silver Panic has started. Industrial users are piling in with orders for electric cars and solar panels and smart phones but no one can deliver. China is stockpiling.
Apparently- The silver price is to spike(only to $30 at the moment) rising from 25th March to the 3rd April as bets are laid on wether Comex can deliver all the physical silver promised, if they can’t and have to settle in cash that’s starts a frenzy. Industrial inventories are building stockpiles for electric cars and solar panels demanded by the new world order of going green.
If Comex makes all the delivery’s the silver price will settle back for another month but at some point over the next 6 months demand for silver will not be satisfied with promises and delayed delivery’s. Industrial users are already bypassing the main market , going direct to the miners and smelters, paying $10 to $15 dollars over the spot price so the real price of silver is already north of $40. This shift in the supply chain makes it even more difficult for Comex to deliver physical silver.
Building a cash pile to bring forward their other assets is excellent. This is what market is saying about silver-Silver is definetly the best trade in 2021. There is a lack of Silver around the world. There is not much Silver at any refineries and getting your hands on physical Silver is still difficult. In fact, Silver is now rarer than Gold, which means there is a risk of a real Silver squeeze this year.
Just checking AAU still has a mine producing silver before i buy back in?
Apparently 8 of the biggest banks on comex have been controlling the silver market with short positions to keep the price down. Everyone else has been buying and storing at these ridiculously low prices, there’s no physical left and no one will sell any. Industrial demand for electric cars are finding they can’t get any. Tesla and the like are preparing to pay whatever it takes. The banks are begging customers to roll over the paper contracts with the promise of physical at some point never. It’s going to be a bit tense over the next few months and then-blip- silver is over $100 and climbing fast.