Member Info for Droverman

Hi Bananas, will never outstrip supply as all miners pulling the stuff out of the ground have a diminishing supply IE mine life. South Africa used to be the largest supplier of gold in the world at over 1200 t/y now they are down to less than 200 t/y, China is going the same way, only OZ will increase over the next 20 years or so especially if Goliath and Scally makes huge strikes so place your bets on GGP which is best placed to reap the rewards, Ciao DM

Dont know why people are having a go at GH after all he has done for share holders and value for them, if he is selling then he is doing a good job in trying to maintain share holders value by not dumping his shares, those results from scally did the main drop so GH has lost a fair amount of money in the meantime. When he has managed to sell what he wants (If thats the case) then the SP will slowly recover unless somebody else is selling. Ciao DM

Hi Mids, gold and silver has been rigged for the past 150 years or more and the orange man is coming back to fix it all with a genuine reset and its going to be mmmmm explosixx very soon when the Maricopa audit is completed and the next one and so on so hold for gold and GGP to ride the waves. Ciao DM

Hi Oilmonkey, dont use the Turkish crypto exchange as its just been closed as management buxxered off with 2 billion dollars worth puff just like that, cant do that with 2 billions worth of gold too heavy and GGPs burred under ground so its safe. DM

Hi Tymers BTC can be manipulated as 10 guys own more than 30% of the stuff, manipulation is these guys forcing the price by buying and selling to each other , Hold for GGP. Ciao DM

Hi Merc, but does anybody believe them especially after they found one company had dud 60 tons of the stuff, gold covered cobalt and that's the problem with China no transparency on anything. Ciao DM

Hi Bully, miss read what you said on BPC board but don't understand why you are on there mentioning GGP if you don't have a finger in the BPC pie so to speak . DM

Hi Bamps, Bully has 250grand in BPC as you said ouch, was in there as well a long time ago but spread my wings after DES and FOGL fiasco, decided to go with miners but still in MATD for a big chunk but hoping to get something from it this year, most of my other junk as well so holding for gold and other stuff with GGP. DM

Hi Nap, Bully has 250K invested in BPC, well thats what his post said, should have put it in GGP where we strike in every hole while the strike water in theirs, enough said me thinks. DM

Hi Saxondale, its started already mate PMs should be 5 X where they are at the moment, on Sprott weekly they mention that USA Mint, UK Mint, Perth Mint, Mexico Mint, Canada Mint have stopped selling silver bars, more silver is being delivered than produced, last month over 100 million Oz were delivered, yearly production is only 1 billion Oz so at this rate there will be a shortfall so prices can only go up. Gold is in a similar position, just needs somebody big to call their bluff and demand the physical stuff either silver or gold, so guys, hold onto those huge GGP shares and sit on paddy hands. Ciao DM

Hi Merc, strange that Perth mint is buying as JPM and HSBC have stopped buying gold/silver from Perth Mint saying its bad for their reputation? Look at Sprott weekly report for clarification, very strange comment for me as HSBC and JPM reputations are not very good anyway. DM

Hi Paddy, looks if there is some movement between the 2 sand dunes east of the box cut on an old drill hole by the looks of it. Nice work again mate. Ciao DM

Hi ChrisB Rick Rule stated if you can not stomach a 50% down turn in a mining stock especially one like GGP then you should not be investing in mining shares, this is the second time GGP has gone over 50% down, after NMM affaire the SP reduced 75% and many who went through that phase like me are still here as its the fundamentals that count, more so now as we know where we are going this time instead of a hope and prayer and knock on wood ETC. So stick with it and sit on Paddies hands. Have a nice Easter DM

Hi Speedy, India took delivery of 160 tons last month, about South Africa's total annual tonnage so its only one wat to go and thats up from now. DM

Don't worry AVO i am down 12 X your loss and don't lose sleep over it, if i was still working and not on pension i would be buying much more as its over sold and if you were happy to buy at higher value then the share is for sale so buy more and sleep easy. GGP is going for the stars so be bright and hold for the glimmering stuff on the ground. Have a good Easter everybody and enjoy next week. Ciao DM

Hi Mush, nearly all mining stocks like GGP are down 50% look at OMI its in the same situation, i hope for a long increasing trend to August and then the next one to December this year. Hold for the good stuff and paddies hands. DM

Yesterday mate

The road they are going to build is over 100 m wide which will take care for road trains, trains, conveyors as well as pipelines, i think they will initially start with road trains and as the tonnage increases over the years then the decision will be taken before requirement to install rail connections ETC. Ciao DM

Just look at gamestop in USA was shorted 130% of outstanding shares, cant be legal to sell something you haven't got? DM

Hi Aquazi. Same loss on same amount of shares bought at same price and exactly same thoughts mate, gold and silver can only increase and both have to be delivered on the 31st this month, average silver delivery is 300 tons on the 31st 1700 tons have to be delivered note: not exchanged or swapped, think same for gold with much higher delivery. Ciao DM