Member Info for Droverman

Hi Jet you can see black sandy beaches on the islands off Sicily called Stromboli, active volcano. DM

Good morning, all world gold mining stocks are pulling down at the moment, its a trend which should reverse within the next 6 months or so. DM

Hi Spratt, seen the spread on the silver miners, HOC & FRES incredible, hope GGP are next in line.DM

Hi Speedy i heard that 100 million oz of silver went into sticky hands last week from the comex, 34 million on Friday alone, thats 10% of total sales last year, looks like a short squeeze is developing, Monday should be interesting. Ciao DM

Got HOC as part of my 5% left after GGP, on the way up next week i suppose or duff like my other sock draw stuff. DM

saw a utube discussion on it with redit showed the bid and ask on a dealing screen in USA. DM

Hi CM have you seen the gamestop squeeze shares are 167 on the bid and 5000 usd on the ask, yes five thousand usd not typo, nobody selling, hedge funds are in for 90 billion dollars now, the whole lot might come apart on Monday or wall st try to save them which means all comes down as illegal, fun and games especially as silver short squeeze might bring the banks down leaving JPM holding the lot to ransom as they hold 100s of millions of oz wow, DM

Don't worry Mr MC2 i am down more than 500.000 and older than you at 74, but as only a paper loss means nothing so holding on as the only way to go is up by the end of this year and much further to go over the next 3 years so you could class me as a long term holder and even longer since 2017 on first buy, so hold on mate to the golden nuggets. DM

Hi Lenz, look at HOC 3.0 m sold 2.0 m bought and the SP is up 7%, inverse to GGP, very strange to what's going on. DM

They are all short on gold and silver by billions, if the price increase in a short squeeze and have to buy back they lose a fortune, just as what happened when the Hunt Bros cornered the market, the market and banks put the fix in to save themselves and they did that by not allowing silver purchases just like now on wall street, they can now only sell the shares so not to force up the price so they fell trying to save the short seller hedge funds, Speady has an input on this for some time. DM

See the short squeeze is on silver at the moment, up 6% and rising, hope gold is next, only problem is if the banks go bust so do we. DM

That's the problem CB is the traders who bought at much higher prices than now who were hoping to sell out at a profit and buy the next lot like the short sellers are jumping on the band wagon buying up over shorted stock forcing the prices up to make the shorts sell out forcing the price up again, look at Cini and others let alone what going on in Wall Street, these are the main moaners at the moment, playing in the biggest casino in the world, would you take thousands of pounds into a casino, no, put they do on the stock market. LTH in this stare are most probable free running at the moment so even if the SP drops to 5p they are still making 500% profit in a year. I am holding on a free carry so no bothered but anybody bought in the 30s its a different matter if they need the funds in the short term, buy there again they say you should have at least 3 months living money in the bank before investing, should have taken my own advice many times having to sell out at a loss to pay bills mmmmm. DM

Hi Rosso, day traders moving on until the next results on hav due middle march so not much going on in the near future apart from the remaining scally results and interpretation of them. I think we will have a very slow increase over the months.DM

Hi Bamps, seems we need a bigger lock on the core store and later a thicker door if this continues. DM

15000 usd oz Jiffy at least to cover all usd debts, read Jim Rickard and others how they get to that value, i mentioned this many times last year either gold standard or SDR crypto for the great reset. DM

Quite agree H2, this amazing company is just starting and within a couple of years some gold will be mined so we are looking at gold after 5 years, now there is another tier 1 deposit in the Klondike in Canada holding 16m oz of gold, discovered about 12 years ago and recently went to equity for 31million dollars to continue proving up diluting the share holders and management feed ETC and still no big hole in the ground to get it out so when you think where we are, well, no discussion, if no NCM we would still be like that company in Canada spending money going broke and no sign of gold only dirt. So holding for gold mates we are going mining. DM

Dont worry Antigua GH said when SP was at 1.8p we are just scratching at the surface, SP eventually ended at high point 38p, now he made the same statement for Scally so we just have to wait and see by November this year to see if he was scratching on an itch in the palm of his hands or scratching a bucket of nuggets to get to the bottom. Ciao DM

Maybe deep drill rigs were not available at that time so had to drill with what was possible, another thought, lateral thinking. DM

And me need 3.33 p to break even so a long way to go mates. Ciao DM

Excellent video Magic, as i said before GGP will revisit the models they are using before proceeding with the next drilling campaign of Scally, i like Teach image bang in the middle of everything, just takes one good drill result for the others to move in the right direction. Ciao DM