Member Info for hope2gain

Yup, yet another fake/false alarm, just a bit of trading fun, or not fun if you mistimed your sell, someone gained

The post about news on twitter has been removed

Look at the SP, is saying nothing a positive???

No one is asking for a line by line account, a simple, "In response to the concerns raised in your email, we can state that negotiations are progressing well" would suffice

If a survey was carried out on how well a Company communicates with its share holders, then GCM would be in the bottom 10%. There should at least be some sort of update from the Company, to go months without saying anything at all is just not acceptable. No news is good news does not apply when investing, long periods of silence are disconcerting and it is only natural to start to feel uneasy. Not replying to emails is also very poor PR, I do not expect they are inundated with them. All in all I am not a happy bloke. GLA

Diagnosis of the present situation and prognosis anyone???. Surely if anything positive had been mentioned by Hasina about Phulbari there would have been a leak of info and the usual share price response. GLA

I was really hoping that something positive might have leaked out from the China visit this week that might have pushed the SP up. On the positive side, I guess if there was a real chance of this not coming off, the SP would I presume, be considerably lower by now. If any one is reading this then have a good weekend. GLA

A warm day again, but cannot say its a nice day today, not with the amount of chem trailing and resulting horrid artificial cloud. Shame. Never known the BB so quiet, is everyone on holls or have we just said everything there is to say and we are all just hoping something comes from the China visit.

What a beautiful warm sunny day, blue skys, the birds are singing, smashing!!. That's it from me for today, GLA

Hi mick-b. Well, if you listen to old Peter Schiff who knows a thing or two about the US economy and accurately predicted that the Fed only raised interest rates so they could cut them again, we could see Gold going north of 2,500/5,000 or even 10,000 Dollars an ounce. This might seem extreme, but if the worst case scenario plays out, i.e. recession, becoming a depression, zero interest rates (quite soon I would think), then over several years I think Schiffy will be spot on. Gold mining shares will go nuts. Down side is, the world will become a rather unpleasant place in which to spend your gains.

Well, the boss of BD is now in China to sign multiple MOU`s, but as far as the level of excitement generated and effect on GCM`s Share price, she might just as well be holidaying in Majorca. One trade so far this morning and that includes NEX. GL all, I really do hope this is the calm before an encouraging storm.

Apologies it should read iether BD. Must remember to put my glasses on.

The reason why this week could be a turning point or not is because we are being told that multiple MOU's will be agreed during the visit to China. Why not an MOU for Phulbari??. The project can be agreed in principal can it not?. Months have past, surely a prospective mining company has been chosen and terms agreed by now. Iwtger BD wants a coal fired power station at Phulbari or it doesn't. If it does, then state that. Or is is that too simplistic. GLA

This is a make or break week. If the deal is not signed off in China then I personally do not see it happening at all. If it is going ahead we will see a sharpe move up in the SP several days before a formal announcement. GLA.

The final sentence were my own thoughts by the way, not BV saying Gold will go ballistic. The truth and reality of the USA`s none existent post 2008/9 economic recovery is evident. You cannot keep creating trillions of dollars from thin air and inflating asset prices. GLA

A bit of info from Bullion Vault. Trading volume in Comex gold futures in contrast leapt Thursday to its heaviest so far this month while volume in options on those contracts – involving no physical gold whatsoever – jumped 60% from Wednesday's figure to total twice June's average daily options volume so far.

On the supply-side meantime, gold prices for No.1 mining nation China also set a 6-year high along with No.4 the United States overnight, while No.2 Australia saw a fresh all-time high, No.3 Russia saw gold's multi-year uptrend continue, and No.5 Canada saw gold reach its highest since the all-ti,e top of summer 2011.

Euro gold prices meantime spiked in Friday's Asian trade to their highest since end-March 2013 at €1248, up 23.3% from last September's 33-month lows.

Peaking at £1109, the UK gold price in Pounds per ounce touched its highest since October 2012.

Up 60% from the multi-year lows of end-2015, the British Pound gold price has only fixed higher in London's wholesale bullion market on 39 trading days in history, all but 1 of them between August 2011 and Feb' 2012. And this is just the start. Investor are getting the jitters. Gold is going to go ballistic in the next couple of years

Hi Gooner. Quite right. Until an RNS says BD Gov approves it nothing is guaranteed

Hi Bees. Why can`t GCM just issue a statement to say that all is on track and discussions are proceeding, it wouldn't hurt to reassure investors, no news is not good news, not on AIM.

Hi Glaw. re RDR`s comment. It will be Friday evening in 48hrs. Not even Sherlock Holmes would be able to tell us anything else. An RNS would be nice, but as I keep saying and I think I am correct, until we get a 50% rise in a day its just trading. Cheers and GLA

Good afternoon folks. I am an investor in Shanta and one thing is now certain, the share price is going to hit record highs. The FED reserve is going to cut interest rates back to zero and start QE again, the dollar will inevitably tank and what little faith is left in the current monetary system will start to evaporate. I can now genuinely see Gold eventually hitting 2.5/3/4/5000 dollars an ounce or more in the next couple of years and of course the profits made by gold producers will be incredible, gold stocks will soar. Mr Schiff is spot on with his prediction.