Member Info for Jerryspaniel

OT fortunately they are all gathering dust in my bin. Sadly I have to get the responses to their rubbish. Wish I could bin the responses too.
My guess is that the buying below the market will encourage the mms to take this higher tomorrow. If they want to do the opposite then great as I have a bit of buying to still complete.

Mickey, even I think it is possible tomorrow!

6p mickey?

They said that about the introduction of the mobile phone. Never put to your ear, always use an earpiece etc etc. Lots of companies promoted doom and danger. What happened? Nothing.

I use HL for general trading, sipp and isa. They aren’t the cheapest but they are big and that’s good when I hear stories about brokers closing or going bust. Your money gets locked up for months.
The only downside with HL is you can’t invest on the continent or Australia, but doubt whether you could in isa anyhow. I have another account with Barclays who are ok but no more than that. I prefer to go somewhere where it’s their business not just part of their business. Imho that’s why HL are better than Barclays.

All good here DBW thanks. In the last few weeks I would guess that Solgold is a high beta stock, but generally following mkt direction, but that could be a coincidence over such a short period of time.
Trust all is well with you and your folks.

DBW, it hasnt bucked the trend at all. In fact is highly correlated I think. US mkt is up 25% from lows.

I would guess that they are quite different as you don’t have the risk of liquid gold shooting to the surface, though that might be fun, if a little dangerous.

That is a very important and possibly crucial question, 'Is it part of NCs long term strategy'?
I would have said that the answer was a definite yes a couple of years ago. But if you watch/listen to any of NCs presentations recently, Solgold barely gets a mention and Ecuador just creeps in at the end and its FdN that gets the lions share of that segment. So now I am not sure that Sandeep Biswas wouldnt mind cashing in and focusing on areas that give higher short term returns and less hassle.
Now I could be accused of cross promoting GGP here, and that has some truth. But he and I might think alike, as we both favour the phenomenal excitement of possibly the biggest gold discovery this century or dealing with a country that cant even collect the dead from the streets.

How about BHP approach NC with a whats your price. Then they offer cornerstone same price and a tender offer to market at that price. I think that would get them over 50%. Change the board, game over!
Not necessarily the best outcome but definitely maybe.

Christophe, if that is really your thought process, you should definitely not be invested in any shares. Maybe some gold bullion. But don’t leave money in a bank cos it will probably go bust. ...

MFU, there are lots of sayings in the market. One I like is ‘feed the ducks when they quack’.

Barry when you have the time, you don’t have the money, and vice versa! I am 63 not 33, so my concern is will I have the time to enjoy the fruits of my labours! There is always something....

JC more sage advice.
For me it’s almost as much about being right and having the courage/skill/whatever to take advantage of the situation as it is about the money. The p&l is the scoreboard.
Mind you I have dreamt of owning a nice villa in Majorca!!

Mushroom, this has always been the question that I thought would test me. When we went from the highs back to where GH bought some I dropped about a million, which is a lot in anyone’s language. But I was quite relaxed and blamed it on the general market. In fact I bought more. So my next test will be when/if it goes from say 15 back to 10 and that’s on something related to ggp. Say covid shutdown, price of gold, scally miss etc. I have a plan and just hope that I can stick to it. Mind you paddysat keeps making me change the plans.....
A knockout bid in a years time would take that dilemma of when to sell away from me and that has some appeal. If I had to give any advice it would be to have a plan and write it down. Adjust the plan as and when events cause it to be re-evaluated. If you screw up at least you can point to a logical well thought through game plan.
When to sell is often harder than when to buy.

Thanks chain. Just need to find it now!

Whether not where!

Does anyone know where there is a correlation between the size of the deposit and the price (in the ground) that it sells for?
I can imagine that very small deposits sell for less as there would be a greater risk of being uneconomic. But (for the sake of argument) between 10 and 20 million ozs, would a 20million deposit sell for more dollars per ounce than a 10 million?
Or is it all about geology and mine complexity?
Logic would suggest to me that bigger deposits should generally command a premium as greater efficiencies and economies of scale, but I really don’t know.
Thoughts appreciated.

Bamps I am happy to bow to your greater knowledge. What i was told was that it would be a gentle straight line decline with maybe one or two zigzags if needs to go deeper.

I see the ‘journalist’ has tarted up her piece. Still rubbish, just not quite so rubbish as before!