Member Info for Droverman

Harrogate you have no idea what you are talking about, wish our esteemed leader, Starmer, would put Britain first instead of last. My Gramps had a pub in Knaresborough by the way. Lateral thinker DM

Check his tweets and Fox news Tymers. DM

Trump said yesterday that something extraordinary is going to happen in the near future, i wonder what he means by that statement? Lateral thinker DM

Hi Ian, Scott Bessent stated the other day that gold revaluation is not on the table, remonetising is about land, oil/gas assets and mineral assets to go into a sovereign wealth fund. Later there maybe a gold backed bond which is being talked about at the moment. Lateral thinker DM

Bunky, it all depends on the profits, think on this way, if the POG goes to 5500 usd/oz which is more likely see that the true price is 8000 usd/oz. We will have billions in the bank losing value to inflation, also what to buy with it as all gold/silver miners will be in the same position and end up buying up competitors for stupid amounts of money like they did the last time and ended up in debt and a screwed up SP. Once we have enough monies in the bank to cover the costs of Havieron and WDD and some left over for exploration then i expect a special DIVI to be paid and don't forget the coffers are being replenished at a daily rate at the same time. Lateral thinker DM

Hi Wilt don't know what your talking about, Obama/Biden involved in wars in Ukraine, Libya, Syria, Yemen, pulled out of Iraq to appease Iran, paid billions to Iran who then gave the money to Hamas, Hezbollah, Hutias and others, this is the mess that they handed to Trump. No wars under Trump and hope he stops what's going on. Anyway sort out Iran all all falls away except for China/Russia and i live 100 clicks from the Russian border. Lateral thinker.DM

Oh i forgot that the Bank of England, JPM and others have shares in the BIS from its start in 1936. Lateral thinker DM

Hi Speedy, Basel 111 which has to be fully implemented by July 1st 2025 which also includes USA banks and the % of gold in reserves is lifted from 4% to 6%. Gold backed currency can be fractional as well. Long time ago Scottish banks produced their own notes with 2% gold to back them up, the system worked very well until they got involved with the Bank of England, then all banks got screwed by the BIS. Did anybody know that the BIS is like a country, it has its own passports and they can not be searched when travelling. BIS played both sides during the 2nd World War. Not to be trusted. Lateral thinker. DM

I hope there will be a standing ovation for SD when he enters the TH meeting room, BRAVO he deserves it. Also ask him if he will do further TH meetings in the future. I cannot attend as i am in the Baltics not far from the Russian border. Lateral thinker. DM

How about Groats then. Lateral thinker. DM

I am waiting on the RNS when the BOD and others buy back into GGP on the ASK when they get their compensation from the warrants. They have to buy 50% of the value of compensation, then they have to pay the Tax, if they buy more GGP shares then they have real skin in the company.

I like 650000000 shares, just ripe for a share split when they reach 30 quid in the near/medium future, rising share price and then splits is where you make the money, that how Buffet made his, think CocaCola had 4 splits over time. Think Laterally. DM

Gold 5, be careful of Petrofac, as i understand they left a consortium/JV to build a refinery in Thailand which is now half built, they might have to pay compensation in the millions, think they need a fund raise later on.. Think Laterally. DM

JPtop, GS, JPM and DB have already stated that by the end of 2025 POG will be 3500 with the possibility of 4500 by end of 2025. These guys control the gold and silver price via Comex paper market, if they are hinting 4500 usd/oz then that to me is they are losing control of the gold/silver markets.

Real price of gold should be 8000 usd/oz as a minimum, Trump and Besset cant work with the present POG, things will come out into the open on 4th July 2025 and latest 4th July 2026. 2026 is the 250 anniversary of the USA, Trump will make his legacy on that day, Financial reset on a grand scale using GOLD one way or another. Jim Rickards stated Trump will need at least 24000 usd/oz for the reset. Think Laterally. DM

Need to get your maths right Sageman, we have millions not thousands and more millions to come. DM

Hi Liam, some time ago i brought up the same topic concerning Wyloo and Newmont possibilities to take out GGP. I am and always has been a lateral thinker so it was quite clear to me this possible situation occurring so dont get yourself down on this one, keep up the good work mate. DM

All shares are listed on Aim, GGP or GRL new name might release up to 2.5% on the Oz market, read the RNS to show liquidity, that's all. Newmont or Wyloo might sell some as well? In other words Ozzies have to book shares to buy off the Aim to the Oz market. DM

Hi Jester, shares in issue at the moment is around 13.3 billion, prior to going on the Ozy exchange as X listing the shares will be consolidated by 20:1 so approx. 660000000 new shares will be issued. The BOD and other warrants will be bought out by GGP so the 13.3 billion shares will be reduced by about 450000000 so like a share buyback. Price of shares on entering Aim/Aux will be 20 X that consolidation price. All in the RNS that's been issued lately. DM

As i said today Lok, the same will be repeated this year and the next few years while the stock markets unwind and gold mining shares and Silver will be the beneficiaries big time and that includes GGP. DM

Tariffs are financial, the geopolitics is isolating China from Russia, this is what its about and Putin knows it. DM

Hi Red, POG is nothing to do with Tariffs as its not included, POG is due to geopolitics, debt, bond prices, stock market declines and a possible rerate in the POG, all good for GGP. DM