Member Info for jammin86

I doubt my disappointment can affect the SP haha.

Thanks for reporting back. It all sounds quite positive. And gold is holding up alright. Every day spent at $1900, HUM must be printing money.

KOR is scheduled to ramp up in H2 - any ideas how much they will produce over Q3 itself?

I was just making a joke. Lol

Technically, he's not pedantic

They being JPMorgan

Apparently they recently delivered physical gold for the first time in a year

Regardless, it is high. I'm not here to convince anyone to buy BTC, don't fear :).

MUCH more interested in this hitting £1 - it'll make me a lot more than bitcoin ever will!

How many of those are exchanges? Lol

90% is not held in 4 wallets. Lol. Where do you get that kind of statistic even?

My point is merely that I've profited off the belief of others. I don't really care whether or if bitcoin "makes it", but I observe that very many people are fervent supporters and its their belief I bought into

Well, I bought BTC in 2017 and have held ever since - I'll sell when I can use to buy a house in London "cash" :). I';m still up over 1000% despite all the ups and downs.

Underpinning all money, everywhere, is the belief that OTHER people will value it. You don't really need to believe in it yourself :)

I saw an interesting (albeit a little tin foil hatty) video about the US FED, the physical vs paper gold market, and he suggests there's going to be a repricing imminently as the Fed scrambles to buy physical gold.

Have u seen something like that? It basically suggested that if true value of gold was discovered in financial markets, the Fed would have a real problem.

I've also read that Morgan Stanley's gold shorts might exceed the value of it's total assets

BT you called it almost exactly!! U said 13p, perhaps even 11p, and that was back at 17p.

Bravo

I'm done with them. Been spending all my time looking at gold prices

Did you know Morgan Stanley keeps the gold price down with shorts?

I bought more at 15, 13.5, 12.5

Are u kidding yourself?? Lol.

Even at $1800 gold this is going much higher

I understood it wasn't today lol. Prices aren't at 18.5.

I'm not worried!

Well done on that trade!

I'll buy more if it hits 11p, otherwise will just hang on until later in the year.

Hopefully gold doesn't fall too much.

My view is that unless the company needs to raise equity, the share price doesn't affect operations, therefore all that matters is then delivering at both mines.

If that happens the SP will shoot up.

How many up days did the share have been these 13 down days?

Im sure there are many private investors with 25k invested. its not that much, and the SP went from 5p to 20p very rapidly.

Lol darren123, get a grip

Exactly this.

if the market believed they were going to deliver this would already be much higher and this buying opportunity would not be presenting itself.

If you believe they will be successful at last, they stand to make serious money. As with many commodity companies, its fairly binary.