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My hopes for a complete breakout for Gold and other precious metals soon. It's a fait accompli, surely!
https://kingworldnews.com/this-is-going-to-send-shockwaves-through-global-markets/
Take note of the first graph: Bond Yields Have Broken Down As Bonds Have Seen An Upside Breakout
Https://www.reuters.com/markets/commodities/zimbabwean-miners-set-big-profit-slump-next-year-report-2023-11-06/
Will this scenario affect us as well at CMCL?
Hoping the POG can sustainably break free from and over $2000/Oz! Soon!!!!
DBW, I just wish there would be some solid announcements from Solgold to underpin this new era for mining with the building of a Tier 1 gold/copper/silver mine. A sale or first bid?
The POG just does not seem to want to break the $2000 barrier conclusively. That would help a gold mining sector that has been out of favour forever. Even with wars on 2 fronts, incredible debt piling up, and fiat currencies to name a few factors that should propel gold and would be good to propel Solgold.
Https://kingworldnews.com/michael-oliver-10-21-2023/
If he is right, CMCL (the small junior miners) might fly and the financing of Bilboes could be easy-peasy!
Gold might be "King " again?
Your opinion?
I see US Debt, a panicked US Central Bank, Wars not coming to conclusions and possibly escalating all pointing to higher POG/S. The US 10 year treasury in trouble.
Perhaps Gold miners and particularly the Juniors might fly if POG rises?
Https://kingworldnews.com/michael-oliver-10-21-2023/
This man is incredibly positive on Gold (and Silver to follow). Will there be a $600 or more advance in the POG within weeks?
I know that these predictions on KingWorld have been wrong and dismissed for a long time but, if Michael Oliver is right, we might be in the right share at the right time. Just imagine that!!!!! Listen to this interview and I would value your opinion.
The elephant in the room is a panicked US central bank and their huge debt and nobody want their bonds. US 10 year is in trouble.
Agree with you, Fr.Jack.Hackett. Just to add, this share is also not highly traded, just a small (excellent) little miner in a difficult environment and of course political environment. Not that this seems to affect them, not sure how they do it as Zim babwe has been badly run down ever since Mr Mugabe decided to cause chaos in Africa's once-upon-a-time Bread basket! A friend of mine currently touring Zim from SA tells me he is going to resettle in Zim as there is no atmosphere of hate (versus SA). I enjoy holding my few hundred shares as they never disappoint paying a dividend!
With the world in turmoil and particularly debt off the scale, the blinking fiat currencies must buckle, for sure! LOL!
Just have a look at US debt soaring into Trillions now over the last 6 months! Trillions of USD's are large numbers and that FED is clueless, surely! They have to pivot?
Addicknt, just had a look at yesterday's presentation by Scott.
I was wondering if the Block Cave Consultants they have used for input might give us some indication who is REALLY INTERESTED in the Cascabel project. Anybody know who these consultants work for or have worked for?
Heavens knows where we are really heading. "To sell or not to sell, that is the question" - to steal a phrase from elsewhere!!!! But on the little cash we have, we cannot hang on for ever! $6mil just to hold the large number of tenements and they need drilling!!!
Thanks for that feedback DBW.
In spite of the share price, I still feel confident that we are on a positive journey to the endgame here. Exactly what, who and when is the current mystery - but for sure - we are not far off news. Good news!
Quady, I must apologise if I had misgivings on your consistent view: "We will build a mine and come to production" but, you clearly have a point from all the current (concealed) evidence. There is clearly something murky happening behind the smoke screen. Patience is still a virtue, LOL!
Heck, that was disappointing! Just old news, why did he waste his time like that, why not just a RNS?
Anyway, just got to believe they are not just twiddling their thumbs and things are moving forward. Being a sale or developing a mine with somebody else. Because clearly they are hanging on to their pennies, ha, ha!