Member Info for Dunk_Biscuit

I've dipped a toe in again 🙃 so will be pleased if this company can restructure itself financially. I think the Swiss Investment company is probably the same one Vast is already dealing with over the Platinum concentrate contract so I would imagine it will go ahead . Probably not until the licence comes through for BP in August .

Https://www.cnbc.com/2024/07/17/gold-prices-extend-gains-to-hit-new-record-on-fed-rate-cut-optimism.html

Newmont haven't sold Telfer ...they have put it up for sale . No sale has happened yet .

Https://markets.businessinsider.com/news/bonds/china-dollar-dominance-dollarization-treasury-bond-yields-gold-buying-spree-2024-5

China just keeps on adding...

https://www.fxstreet.com/news/gold-price-climbs-to-a-record-high-rising-geopolitical-tensions-in-focus-202405200400

An unlimited amount of cheap electricity means the future for electric vehicles and engines is bright , but it's a long way off . Let's hope this can save our climate !

https://www.thecooldown.com/green-tech/greenwald-limit-fusion-energy/

Https://www.fxstreet.com/news/gold-ticks-higher-on-geopolitical-risk-and-positive-outlook-for-demand-202405091022

Https://www.fxstreet.com/news/gold-price-rebounds-on-downbeat-nfp-data-softer-us-dollar-202405060411

Chinese consumers are buying small gold beans 🫘 which come in different shapes and cost around $85 each . The Chinese central bank is swapping US debt for gold . It's creating a gold market that's behaving differently to normal. High interest rates would normally have a dampening effect on the price of gold . It all started with the freezing of Russia's foreign held dollar assets .

https://www.nytimes.com/2024/05/05/business/china-gold-price.html

My personal opinion is that a big dilution is in the pipeline. The factory in India will need funding and that could be the reason for this surreptitious selling !

Let it be a warning ⚠️ to those who have buried their heads in the sand over the real likelihood of further shareholder dilution !

In my humble opinion , please conduct your own research !

We need to see Mrs Boughtwood buying back the shares that she sold ...with an apology...in support of the company and her husband. Will that happen ? Doubt it .

I agree that there is now a storm cloud hanging over the share price . What were the reasons behind Mrs Boughtwood's surreptitious selling ? Could there be a big dilution in the pipeline that caused Mrs Boughtwood to take this action ?

There is no smoke without fire and Mrs B has executed a systematic and calculated sell-off with a total of 37 trades ! Hmmmm !

She bought shares at around the peak and now has recently sold , through numerous transactions , more than covering her loss on the shares she bought at the peak . If this is a case of dealing with insider information then it's very serious and the three amigos will not be happy !

Sorry "by dumping " 😲

China is the big buyer of gold right now buy dumping US debt and buying gold .

As long as gold continues to climb or stay at these levels , then Greatland's share price will catch up at some point 👉 👈 ! I'm holding right the way though this journey ! Good luck folks 👍 DYOR etc., etc..

https://www.fxstreet.com/analysis/china-is-dumping-us-treasuries-and-buying-gold-202404212302

Https://www.reuters.com/markets/commodities/newmont-beats-quarterly-profit-estimates-2024-04-25/

POG is sending a big message ....

https://www.ft.com/content/bdcb7d8a-e958-4910-9d1b-a6a519812503

I think the next target is $3000 usd ...Once we hit $2500 . Lots of Chinese buying .

https://oilprice.com/Metals/Gold/Is-Gold-Heading-to-3000.html

There could of course be dilution if Greatland want the other 70% of Hav ! .. My opinion is that Greatland will be bought . They just can't afford it without massive dilution. That wouldn't be worth it . If gold prices continue as they are then Newmont might change their mind ....who knows !