Member Info for ID78

So…. don’t they need regulatory approval before they can actually start to sell and make money?…

Is regulatory approval and first sales the starting gun for AFC?…

He has however helped the price of gold and silver no end.

The big man got 2 things right

- EU needs to spend more on defence

- USA and west need to look at metals and natural resources, they’ve been sleepwalking to long and China is in control

Other than that hes’s a maniac. He was never overly intelligent. He now seems to be ailing in his senior years.

I can’t tell how dangerous he really is. Whilst he is narcissistic and egotistic, that also hold him back. I can’t see him take military action on Greenland - he likes limited small strikes he can chalk off as ‘the best ever nobody else could do it (how amazing am I?)’

An actual land war and fight with the west over Greenland. I can’t see it.

I also don’t know if he has the attention span for it.

Is there a date we are expecting the exploitation licence or is it just it’ll come when it comes…

You can’t count on the paper gold.

So either you buy physical, or buy miners. Miners have risks but will give higher returns if they come good…

Playtime - I partly agree.

I think new currencies will emerge, digital, but each nation will want its own. Not one for the whole planet. Is this why central banks are buying so much gold? To back new digital currencies? I mean if money is purely digital then there is no dodging tax, no cash in hand….Government will know everything about your finances. My barber - he only takes cash. Wife’s hairdresser- same. The guy that changed my bathroom - cash please.

If that is the case (governments need gold to back a new digital currency) then the demand for gold will only grow.

Spitfire, history suggests you are wrong. Yes a pullback should happen in gold and silver - and the markets are likely to rally to a blow off top. The markets will then crash and gold and silver take off again as a lot of stock market money rotates into monetary metals.

Gold and silver have been so low for so long, this is not anywhere near the end. We are only JUST starting a bull era in gold and silver. Not ending it. To say they are overvalued - you don’t get it. Silver has been artificially shorted and held down for decades. And now China isn’t releasing it so easily to the west. The west needs it for EV cars, solar panels, AI data centres and production is willing to pay higher for safe supply of silver so production doesn’t grind to a halt.

What does all this mean for bitcoin? I don’t knowZ Typically it follows the Nasdaq (tho recently this has not been the case). So who knows. Maybe Bitcoin will be seen as a safe haven like monetary metals?

Personally I suspect (but am not confident) that Bitcoin will continue to follow the Nasdaq - that’s why there could be a rally (when gold and silver pullback and the markets put in new highs). But longer term I’m not confident.. in Bitcoin or the stock markets.

Completely agree LW

My 40,45p - this is my expectation for this week only and assuming no news…

That’s my expectation 40p-ish and maybe touch 45p with an intraday high

Uggggghhh phone!!

*Buying by somebody

Just looked at the trades - those 36p trades are surely buys? Consistent heavy buying but somebody….

I think this is a +5% to +7% day today… then maybe halt for a breather tomorrow, Thursday before kicking on again Friday…

GLA

Newmont have been helping free of charge!..

I’m tired and my memory might be acting up. Was it Newmont that first drilled PEPAS and walked away? Was it Newmont that owned the Anza licences?

Let’s face it - OMI have been very successful with the drill and Newmont might just be thinking we can use these guys and get a piece of the action

Of course a project has to be a certain size and scale to interest Newmont..

I was curious about the gdxj review and rebalance.

The list of companies being added or removed should be made known about the 13th March.

Buying of any stocks that has been added should start after the 20th March…

Meanwhile Michael Oliver expects gold miners to outperform gold …. And silver miners to outperform gold miners … he’s moving out of the physical and into the miners…..

https://m.youtube.com/watch?v=UnguVZ1NtJc&pp=0gcJCYcKAYcqIYzv

So. To recap…..Catalysts are

- PEPAS MRE

- 2 drills turning in Columbia

- The drill turning in Argentina (silver??)

- possibly being added to the GDXJ (and the buying of OMI that goes with it)

- APTA MRE

- All time high prices of gold and silver

- Gold and silver miners about to take off and outperform gold (and maybe silver)…

Did I miss anything?…

Https://m.youtube.com/watch?v=UnguVZ1NtJc&pp=0gcJCYcKAYcqIYzv

Caught the last 15 or so mins of this - basically

- Gold miners should now outperform gold (but)

- Silver miners should outperform gold miners…

The silver miners haven’t broken out yet against silver… but they will and it will be a strong move.

so the silver miners despite having done well lately - they have a long, long way to go ….

He’s starting to position himself in silver miners.

It’s a bit weird - I’m not actually that excited by the breakout. I should be as half my money is in OMI. But I’m not. I think it’s because it was all so expected.

It was clear the breakout was coming at some point and it was clear on Friday that we were heading off again… it’s just all so …. very expected

If only all shares behaved so nicely.

Good stuff, NewTrader we’re all here for the same thing and I like to hear stories like that.

If the breakout capital ventures chart guy is right the next resistance is around 46p… I’m expecting to see 40p this week and with a good tail wind we might tag that 46p..

Have we just passed 33.50p?….

(Looked like a speed bump at 33.5p)

As you say Dr R - a different beast.

Since gaining control

- PEPAS south has been drilled and we will have the first MRE very soon

- this year APTA is likely to proven up for a MRE and possibly PEPAS north

So following year of - nothing, things are moving at pace.

Production is likely to be next year. So from starting drilling PEPAS in 2025 first production in 2027 … 2 years - that’s not normal.

So since Brad gained full control this company has moved forwards rapidly. There is real substance behind the share price this time as well as gold hitting all time highs.

Yeah…. but he has called OMI quite consistently since the pullback to 6/7p.

So on that basis - I pay some attention to Justin…. I do find him relevant.

Asks chat GP how much the coins sell at vs spot;

Typical Premium Ranges (over spot)

🪙 Modern bullion coins (non-collectible but widely traded)

Examples: American Silver Eagle (recent years), Britannia, Maple Leaf

• +5% to +15% in normal markets

• Can rise to +20–40% during shortages or high retail demand

$175 is 46% above Musks $120.

Solar panel manufacturers will continue to use silver up to $130 - looks to me silver spot price is heading to $120 to $130 this week.