Member Info for Droverman

Good stuff BR, really good watching your interviews especially with Callum, make a note to interview again when the big RNS drops on Havieron and Telfer as well as the JV situation with NEM. DM

Congratulations Dr Magic, now you will have to change your Monica. Put your CV into GGP would be good for you to be on the inside and Callum on the outside, all great stuff mate. DM

Was talking about when the sh*t hits the fan, what do you do when there is a power failure, the jingly stuff in the pocket is supreme. DM

Hi SC, not going to 1000 usd oz in any circumstances, experts predict that with a market sell off gold will also sell off but only to 2000 usd oz and then it will go to the moon and silver to Mars. Safe haven is only gold and silver, crypto will go to the garbage as has no value, same as fiat money all are credit. Can you walk into a shop and buy with crypto, any shop keeper given the choice of crypto or silver will snatch the silver, they will not take gold as too expensive by then. Buy a house or land with gold. Taking off 10 going to 1. DM

Next hold for gold is 2210 usd oz, expect a pullback and then to 2400 another pullback and then 2800. After that who knows and all very quickly.

Bitcoin is at ATH so who is selling, are they the intelligent ones and moving into gold, i would. The same goes for Invidia as with Bitcoin all that selling is going into PMs as both Bitcoin and Invidia will drop by at least 40% very soon. To the moon DM

Experts say POG has to break 2210 for a real breakout. Looking at crypto at all time high i expect a pull back and the ones in profit to buy PM, gold first and after Silver to the moon. DM

As i said yesterday no news is good news we have not had our usual drop in SP and now i expect a slow drift up in SP and now we have FOMO syndrome which we haven't had in a long time where RNS on the sale of Havieron and Telfer can drop at anytime and shorters will have to be very careful now and if i were them i would be closing out as the SP will be going to the moon. DM

There is one option that has not been discussed for financing NEM 70% of Havieron and Telfer is selling royalty payments IE Somebody puts up a bunch of money say 500 million to purchase Havieron and Telfer and they get say 5% ex smelter or whatever. I think its the way to go and its clean and no dilution. DM

I don't see a problem with the lower Aquifer for the following reasons.

If the aquifer is a big problem and difficult to solve then the value of NEM 70% is zero same as GGP 30% share of the deposit and would be reflected in the total value of the project and Telfer value would also be zero.

There are many ways to resolve the aquifer problem, its just a matter of time and resolving the final safe solution and then off to the moon so to speak. DM

I am just happy that no news is good news. Generally expected good news was not so good but still good if you know what i mean and the SP drops. Now i expect a steady increase in share value until the RNS drops on our purchase of 70% of Havieron and Telfer for one dollar. DM

Don't need to work in the data rooms of Newmont for the following reasons except for the JVs not pertinent to GGP.

Havieron, we have all the data required on FMV same as Newmont.

Telfer, if we are going to offer 1 usd for the project the no data is required as GGP take on all the responsibilities and anyway GGP know the Telfer situation. DM

Building a new plant on site is not an option at the moment unless Telfer is closed down. A new plant will take at least 2.5 years to build from getting the permits, the design, the materials, then construction and commissioning. 2.5 years is the minimum by the way. DM

I understand that but how did they get 30000 to 40000 tones of the stuff while only stating 2000 tones. I know other stae banks hold gold but If they want a gold backed currency to stuff the dollar they have to come clean and audit what they have or its a no go.

No way to get that amount with only 3000 tones a year production which includes China`s 300 tones a year production. Not seen one blog from the experts explain where they got it from, unless they bought it from the Indian temple's. Think it was 3 years ago when they checked one temple they found hundreds of tones of gold in a cellar and that's just one temple. DM

Hi Speedy, how did they accumulate 30000 to 40000 tones of gold without anybody knowing. Even with their own gold production its 100 years for 30000 tones. Don't forget they were broke 40 years ago until we let them join WTO and the start of the so called world globalization. DM

Hi JB, agree with Fort Knox holdings could be zero or cobalt covered gold to make the vault look pretty. The same goes for China which i have problems with. Question: Where did they get 40000 tones from? That's 15 years of total gold production.

Maybe from central banks when they were selling like that idiot Gordon Brown who sold 400 tones after informing the market he was going to do it. Canada and Oz sold there's off as well but only a few hundred tones so where did China get their stuff from? Did USA sell off 8000 tones to them, that's only 2.5 years total world production and don't forget India's temples hold enormous amounts of gold, some say thousands of tones of the stuff and farmers hold a few years of silver world production in their back yards.

For silver only sell when India have a bad harvest as the farmers dump their silver on the market and buy back when they have a good harvest. Going to the moon the PM markets starting next week me thinks. DM

The world will be in recession later this year, most of the middle to small banks in America will go bust causing a financial storm which will make 2008 a storm in a tea cup. The only way out to prevent fiat currencies going to zero and hyper inflation is to reset POG. To cover all central banks debts and all derivatives its calculated at 320 trillion dollars. Divide all the oz of gold produced in the last 5000 years and what is still left in the ground (Havieron has a huge amount) and divide that into 320TD you get 45000 usd oz and silver on the way to the moon. Which countries will benefit the most, China and India, India being the most well off as the farmers have large amounts of silver and gold maybe more than China. There you have it chaps America is going down and taking the west with it. DM

In one way i hope no news at the TH and maybe the share price will increase. The news later on is for GGP to take control of Telfer and 100% of Havieron and the week after the great reset of gold some say 3000 usd oz while Jim Rickards says 20000 to 25000 usd oz to cover Americas debt on M1 supply and 45000 usd based on M2 supply. I one year all debts are paid off and a juicy divi of 10p per share at year end for crimbo as a minimum. Easy in it. Somebody said that if GGP owned Telfer and Havieron with gold at 3000 usd oz GGP share value will be 100 p. There you have it. DM

I am not sure but Newmont does not have 70% of Havieron, they only get 70% when they produce the FS and DTM. GGP could have a hold on NOM until they produce the FS as a minimum. That's my take on it anyway. Take it to the moon. DM

Agree who wants to pay for 70% of a project let alone a mine on its last legs, i think a deal is almost done by SD, nil for Telfer and maybe royalty payment for Havieron is the way to go and then we have the money to finish the project. Just think how much we get for every 100 dollars above 2000 usd oz. Expert said at 3000 usd oz at full production from Havieron GGP is worth the magical 100p per share. On the way to the moon my friends. DM

The way i look at it is that Newmont needs to find 2 billion in saving over the next 2 years, the easy part is Telfer as its only worth 1 buck, or 1 quid, but has at least 750 usd liabilities in decommissioning costs and put back as was. Havieron also has liabilities as well to put back as is. So Newmont selling off the liabilities for 1 dollar to GGP they save 1 billion usd. Can you imagine GGP owning the lot and the POG goes to 3000 usd Oz as some experts are promoting 3000 usd oz by the end of 2024. Interesting times my friends. DM