Member Info for Dmors

It'd be nice if we could move away from the 0.7's for good before we start getting further updates towards the end of the year.

Everything we drop into the 0.6's and 0.7's I end up topping up, which I've been trying to avoid because I'm already heavily invested here!

https://www.bbc.co.uk/news/world-africa-62785434

Good news I guess, hopefully keeps the country stable.

Couple of chunky 30k trades earlier on @ 0.75.

Defo building for a decent Q4.

Some nice new tweets showing off some new machinery.

https://twitter.com/CaracalGoldplc/status/1566700008325488642/

It is frustrating falling back to these levels, but everything is moving forward on time by the sound of things.

At the end of the day if we hit the 2000oz per month target by the end of the year the company will be making plenty of profit to re-invest in other drilling/mines. It's not risk free investing here, but compared to others who don't produce the risk is significantly less in my opinion.

Patience is the key here, if you trust the management and the way the company handles business, the SP should be many multiples in the years to come.

Another nice one liner, but unless you post anything with substance to create some sort of debate, your posts are completely pointless.

You must have a lost quite a bit here, I feel for you.

Yet you still post the same nonsense every time there is a red dot in the top right corner.

If you don't believe Harry will pull this off then leave.

Nobody is forcing you to stop here and give your "in-depth analysis" sounding like a bitter, twisted, old war veteran.

That's some really useful analysis, thanks for the deep thoughts.

Gold @ $1,799.40

Just a little push to get over $1800!

The slide on the tweet is taken from the June presentation PDF.

On the same PDF it still states the aim is for 24k by the end of 2022.

Looking good, back into the 0.8's!

Lets hope we get some great news this week to keep the momentum up.

Gold $1,784.40

Lets go!

Cheers Greg, lets hope you are right.

Had a small top up, can't resist in the 0.7's.

Agree, trading stocks like this with such low volume and massive spreads is near impossible.

Seems really quiet here at the min, I'm a bit shocked there has been no interviews about the MRE. Not really sure what to think about the silence to be honest.

Anyone have any thoughts on why Robbie has been so quiet? OR have I missed some press?

Gold has had a nice little bounce back over 1700 in the last few hours.

Lets hope 1680ish range was the bottom.

Peter Krauth, Author of “The Great Silver Bull” and Editor of The Silver Stock Investor online:

In his book, Krauth has a model which forecasts that gold’s price will rise to $5,000 by 2030, which would drag silver’s price up to $300. This is due to gold’s use as an inflation hedge.

“My thesis is that if you look at what’s happening with inflation, and if you look at how other assets are hurting,” he said, “then in fact, since the start of the year, gold is essentially flat… The odds [of gold reaching $5,000] are based on the rise in inflation and the growth in the money supply. And the odds are that [inflation and money supply growth] will be significantly higher than what we’ve been experiencing over the past 10 to 15 years.”

He added that he’s not the only one who predicts a gold price of at least $5,000.

“I’m not the only one who think that gold will go to $5,000 or even perhaps $10,000 in a speculative mania,” he explained. “You’ve got people like Jim Rickards, Shayne Maguire, who ran a gold fund for the Texas teacher’s retirement system, and you’ve got Scott Minerd of Guggenheim. And you’ve got the In Gold We Trust report, which forecasts a relatively easy forecast close to $5,000.”

Just one point of view, but we can all dream I guess?

Nothing wrong with that strategy.

I have also bought more than I intended to getting my average down.

I will be selling little bits as I gain profit but keeping my "core" holding because long term I believe in the company.

It's a sensible way of dealing with volatile stocks if you can afford to do so.

I'm hopeful we can get back above 1p in the very short term. We were trading at that level for nearly a year.

Then onwards to 2p in the next few months, hopefully more by end of year.

I have consistently been adding all the way down from 1p, which has brought my average down well below 1p, however it has got to the point where I can't really justify putting anymore in here.

I'm getting a little bit twitchy at the lack of updates and gold prices being a bit shaky. Hopefully just a little more patience and we'll all be rewarded.

This is still ridiculously cheap.

The placing on the 20th of April was @ 0.8p.

The price still reflects all the BS about the license been withdrawn and the umbrella agreement not being signed from last week.

This investment is a lot less risky than it was at the last placing at 0.8p. The SP should be way above 0.8p right now.

Lets hope they begin marketing the companies success in signing this agreement in the next week or so to the wider market.