Member Info for GodofHellfire

Stop thinking of gold as an asset and think of it as money.

Paper is declining (dramatically) Vs money. What does that mean? Why is that happening?

What do you think makes a major or a mid tier become interested?

We all know gold is harder to find, and their business model relies on digging out gold.

An MRE 1m+ with a district scale opportunity perhaps?

What I've heard is that gold exploration has seen a bit of an explosion along with the share price so there's more failures popping up, just because there's more exploration.

Maybe, because it makes good business sense, they wait for formal proof of a sizable resource?

What do I know.

Kutzz yeah I think the technology has some legs and the genius act is obviously preparing for something. But I still don't see any evidence of Bitcoin being used as money.

Central banks can adopt the technology but there's no way they'll let their populations use it in their economic systems if they can't trace it for tax purposes. They'll only let it be used if it can be traced and tracked, which defeats the point of Bitcoin.

Gold and silver backed stablecoins I can believe, but not Bitcoin. They're not stacking it which means they won't use it. It doesn't act like money or gold.

Why do you think that Kutzz?

Wow, Bitcoin has lost 11 months of gains...

Spot on But those

Don't listen to GG the top executive who doesn't understand Marketing and promotion as a standard part of business success

Also looks like bitcoiners are rotating into gold after that over-leveraged event....

*gold

Been flirting with a few other companies recently and it really does hit home how good the results are here.

Also noticed the sheer volume starting to appear. I think the fold price is bringing eyeballs back to the sector quite substantially.

What we really need now are some interviews just to keep the awareness high and ensure we're on the radar.

This radio silence thing is doing my head in. Other companies are doing videos all the time, albeit with nothing new, but it keeps them above the line, noticed and shared. One company went up 20% yesterday just with a video doing exactly that, regurgitating old news. It's going to have more impact now than in the last 5 years

GGP had Intense silica, chlorite, sericite, hematite, carbonate, with abundant sulphides (pyrite, chalcopyrite, bornite).

These cores are poor in comparison

Even Troj is awake. I think he/she smells something

That doesn't make sense. Just because it hits the bottom doesn't mean the result is more volume.

There's more buyers...

Wtf happened here? Insiders....?

Anyone keeping an eye on Wishbone?

I think the implications made at the meeting were for earlier in Q4, so read that as in the first half. So inside the next 4 weeks

This is what I keep banging on about.

If you rewind 4 years then any mediocre result would disappoint and affect the share price.

Fast forward to now with the current gold price increase (that just keeps on going) then mediocre is still really valuable. It doesn't matter what the shareholders think in the short term, what matters is what potential mid-tier buyers think their evidence is worth against the land package. Buyers are cash rich and resource scarce. It just has to be good enough. Anything better is a huge bonus. And I think it will get better in the near term as they prove out with more drilling. There's not much else to think about in my mind.

They'll be focusing on JV and sale ultimately. The Chair and CEO are at retirement age! This could be their last hurrah

Results by October 26th

This is exciting. Once this is over surely that means we can pressure for the licence issuance

Where are countries piling into "digital gold"? Bitcoin is tracking sideways, it's not any higher than it was in July. Personally I'm not confident that bitcoin won't tank with tech stocks if there was a proper tech breakdown.

It's not an Nvidia bubble it's an AI bubble. There's 3 elements to this. The technology providers, which includes Meta, Google, IBM, Xai and Microsoft etc (as well as OpenAI, Anthropic etc), the hardware providers which includes Nvidia, Oracle, Advanced Micro, AMD etc), and then there's the companies implementing the technology in their own businesses (the revenue generating b2b buyers). All of these are part of the bubble because they're storming on the hope that AGI will be achievable and business will be able to reap great growth opportunities from it. The truth is that doesn't exist.

I've studied AI at Oxford University and the technology isn't there. It will likely get there eventually but it's not there yet and all of this investment is based on something that may happen in the future. It's fully disconnected from reality. What we're waiting for now is for the money to run out and for businesses to start dialling back their AI spend. The fact you're seeing OpenAI create a circular economy proves they've run out of road.

I agree that I think this still has a bit further to go, maybe into next year, but this is so big a machine, that never recovered from 2008 or 2020, governments can't afford to backstop this time. It can only end up in a monetary reset

Now imagine you're a tech stock investor.

You've been making stellar gains in tech and crypto for years.

All of a sudden, there's talk of a bubble. Profits seem absent. Tech companies are paying companies to buy their stuff. It all seems like it's going to implode.

It does. The bubble bursts. Horrifically.

Countries loaded with debt are stuck. They can't stop the bleed. They have no choice but to print money to prop up the economy. Inflation takes off.

Investors panic. Where can they put their money to recover their losses? Where can they make a profit?

Gold!

Hold. The . Goddam. LINE