RE: ARV just tipped as next GGP11 Nov 2025 12:23
It does look like gold has bounced off $3900 (support) suggesting that the new (steeper) uptrend in the price of gold is starting. Said it last week $5000/oz is nailed on IMO.
Bonkers $7000/oz …. Erm I’m not bold enough to say it’s nailed on. But a wee voice at the back of my mind keeps telling me it’ll happen, no question, as gold is going to double digits.
So you should do well, Finton.
Troajan - if you multiply grade by depth OMI wins….. I like to think of PEPAS as a large solid gold nugget rather than a normal gold deposit, the grades are so high! But ARV we are looking at a greater area, a more conventional deposit that can quickly multiply the ounces (which is where PEPAS is limited. Meanwhile the MCAP is far lower for ARV.
Swings and roundabouts - and both great shares to hold.