Member Info for Jerryspaniel

So Rubic, NC are going to pounce are they? Perhaps you could tell us when the last major went hostile on a junior miner?

I am getting the hots for discovery metals (dsv) quoted in Canada. If you like silver you will love dsv. Eric Sprott has mid 20s%. Deposit in Mexico. Don’t think it will be a miner. Proving up what’s there and sell on. But...Dyor and imho!

I thought you would. I wasn’t allowed to watch it very often as my mother didn’t approve of ITV!!

It’s like watching mushy play take your pick with michael miles. Open the box mushy?

Afternoon Napth. Ok, just checking that you dont have the inside track to Sandeep! Next week would be better as then we can have some news every week...

napthman, if you read the previous posts you will be aware that there is a lot going on, besides the NC drill results. Also do you know that they are next week rather than the widely held view of them being the week after? Seems odd that you keep saying the same date........

To paraphrase Stuart....Geese, geese, geese..... (big ducks...)

AM90 thanks. The site suggests that there is US$7.7bn tracking this index.

Spot on Talatum. I am not wasting my golden years moaning about NM!

My view is that if BHP want it they will pay the price to get it . That price will be quite a bit higher than the market values Solgold and a lot lower than some of the dreamers here value Solgold. My guess is that we might get 50-70p if we are lucky. Only if someone else thought BHP were stealing it, would BHP be forced to pay more. It’s Ecuador and I think that trades at a 75% disc to Canada, the US and Australia. And you get nothing for exploration upside....roll on October so this sorry saga can end and Quady can get his life back.

I really dont think that Hedge Funds will be interested in us, we are far too small for them to make a proper return. People like Hydros mate might front run this, so might some HNW individuals and those MMs who are allowed to. If it is 160m shares to be bought it doesnt really matter whether they are bought today or in two weeks, they still need to be bought. The only difference would be the size of the spike on the day.
The Sprott buying was completely out of the blue, but it was only 20m. The shares rallied significantly on the day but very interestingly (to me) they didnt retrace the next day.
Added to this will also be those instos that passively follow MVIS or GDXJ and of course thats a known unknown.
The two big things that will affect how many shares are to be bought, above or below 160m, will be the size of the fund and the other moves in or out that are also announced, as the latter could change the relative weighting quite a bit. All IMHO!

Also removal of any or all of the big guys will have a significant effect on the number of shares to be bought.

Hydro, one clarification is that if the price rises they won’t buy fewer shares. This is because as the price rises, the mkt cap increases and so does the weighting.

Good morning Quady. Your post implies that Solgold will use market prices to create a PFS. If that were the case they would have to issue another PFS every week/month whenever prices change. They have been allowed to get away with $3.30 for Copper up till now, but I am presuming the PFS is more rigorous and they will have to use a disc to mkt or the long run average. Neither will be $3.30, and they shouldnt use over $1700 for gold imo.

They are definitely being used at Havieron by NC. Dont think we know whether GGP has them at Scally. I would have thought it has/would become the standard. No problem Sporty, always happy to help.
The new supremely cheerful and helpful JS.

Fed's Powell letting the inflation handbrake off = larger negative rates = higher gold = yum yum.

Sporty look up Truscan on internet. There are some nice videos of the use of the technology.
Just another example of JS being ever so helpful, eh Mushy/Panama.......!!

Maybe NM wants to show to all the CGP s/holders that he offered them a fair way out. If they choose not to accept then thats their problem. You couldnt pay me to be a CGP s/holder at these prices, they are totally screwed.

You are absolutely correct Paddy. I couldnt have put it better myself.

Just about sums up the lack of quality on ADVFN. I hope MKnight cops it big time over there.