Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
I see investors of everything gold are momentarily paralysed checking the gold price and life is still open for business this morning after the lockdown announcement.
We should see this motor up over 5p -6p shortly and then up to 300pence in the longer term (yes that’s three hundred pence). After all we are entering a susperstorm bull market with governments shifting the money printing gear stick into sport mode.
Iran is waiting for Trump to become powerless and then start attacking US assets. Biden won’t do anything and Iran will be given the green light to start a War. The result will be absolute chaos and the gold price will go up through the roof(COVID will look like a walk in the park. Unless Biden comes out really tough, Iran will wipe the floor. I’m buying gold and oil shares at the moment.
RRR’s share price should go ballistic any time soon. Iron ore is up over 110% in the last 15 months and has rocketed 25% in the last few weeks. China is kicking off and there’s a world shortage.
Just when you thought everything was calming down- Covid starts to let rip even stronger. Brexit no deal chaos is odds on. Money printing is about to be prescribed steroids and civil unrest is about to kick off big time. Gold should shine through. We need the gold price bottom confirmed even if it needs a dip before the price goes into outer space.................. a never ending story- gold will go up and up.
Apparently SWC haven’t supplied the documentation to some platforms to be able to trade this share.
That restricts the number of buyers and sellers.
You can’t buy on Halifax it’s not on their system yet (they are soooo slow).
Interesting to see The volume of Gold futures for February 2021 going Through the roof. That’s when they recon Biden will get the stimulus package through. That’s when the gold price goes ballistic.
To throw a ball a long way it has to go backwards over your shoulder before launching forwards. So the saying goes. That’s where gold is at the moment- just getting ready to be thrown.
GBP are to push forward on PEL 94 with a new farm in partner. PEL94 is in shallower water than PEL29(half the depth). They have more 2D and 3D data on PEL 94 and Its more attractive to a farm in partner to reach first oil quickly.
Letting go of the commitments to PEL 29 is a big weight off GBP’s shoulders and the announcement will give a Clear view of the route to profit with the start of plenty of news flow.
License news after thanksgiving. Share price to go stratospheric.
By the way, people a starting to load up, the mms have a few shares to get rid of before this rockets. I’m steadily buying and they are showing as sells.
Your right marmite- the massive one billion prospective resources are siting within a proven oil play. GBP holds 78%.
At one dollar valuation it’s $780million that’s a 250 bagger Plus.
On completion of full 3D and proven reserves with a farm in partner you can probably value the oil at $5 a barrel= $3.9 billion. As an example-if a Farm in partner takes an 80% share that’s still a 250 bagger. GBP may need to raise money on the way so half it to 125 bagger. You can mess around with figures and different valuations all day. In conclusion the GBP share price is going to get very hot. As an investor could you handle hanging on until it passes the 100 bagger level or would you cash out along the way.
Total’s Venus 1 well is back on and GBP’s license will be renewed in December ready for a farm in. The Oil price is rising. The oil majors are looking for deals and GBP is sitting on a massive proven reserves.
The gold price is on a Rio as the dollar tanks.
I looks as if the gold price is about to skyrocket at the same time as EEE’s fantastic Drilling result Continue to come in.
The best results of 56.9g/t gold are just simply phenomenal.
Eee is ready to skyrocket next.
Just wondering when this Share price is going to explode. There are two things - obviously a lot of big big news is coming over the horizon which will make this go higher anyway. Second, getting the US election out of the way and if that gives a clear path to massive money printing. With the second one there could be in a log jam for a while whoever gets in.
Forward indicators of the gold price haven’t given a clear signal yet. For me Those are the shares of the big gold mining companies, gold futures, the charts, money printing news and the dollar index futures. So what to do? I think I’ll start buying in small amounts to start with.
Once the gold price starts to rocket (all boats rise on the incoming tide) you need to be positioned in the most stable companies. Then hang on for your life, the upswing is going to be higher than the highest roller coaster and it’s not coming back. You’ll think the initial rise is fantastic but that’s just the start- over the next 6 months it’ll just get higher and higher, faster and faster.
Gold is coiling up in a tight range ready for a massive upward breakout. So I’m buying a number of gold miners. Should really wait for the buy signals to lock in as there’s a possibility it could break out to the downside, however, that would be temporary. So I would be eternally grateful if the unsure people would keep selling to giving me a better buy in price.