Adam Davidson, CEO of Trident Royalties, discusses offtake milestones and catalysts to boost FY24. Watch the video here.
Hi I’m 600% up on xlm but have sold all my Crypto apart from an Etherum tracker fund on Hargreaves.
Chinese New Year can lead to a big drop as they sell historically.
So I’m out now Gold will flourish as the pandemic unfolds hitting revenue for most firms and huge unemployment.
I sold over two million at two pence and another million at 10p.
Bought most around.58.
Gutted but still have a large chunk left my experience with SXX effecting my judgment.
Especially as I’ve been here 5 years I should have realised what a great prospects we have.
I’m still buying 450£ a month and yesterday’s drop helped my monthly subscription.
I will stop buying at 40p.
Happy weekend it looks like we have bottomed out.
You do your due diligence and research but it’s always a gamble.
The mining fund have experienced and experts in there field and were happy to buy at a premium.
They know what to expect.
My fund sale just cleared so I’ve bought another tranche the same value as the CEO lol
Was hoping to get a bit lower I did think that it was being walked down to the placing price.
Great prospects it’s funny how when we turn blue there will be rush to buy.
However it will become a bit harder many now locked in higher.
Gold price will rocket next year.
Our news will flow firming up the resources and the SP
My monthly 450 buy through Hargreaves goes in today.
I normally pay a premium my cut off to buy 40p.
So not worried about the drop.
Gold price will explode in the coming months when the realisation of world debt will surface.
GLA
Gold out look bullish even with the vaccine
Vaccines are actually good for gold prices? $GOLD The outflow of safe-haven assets such as gold may be misled by the vaccine. With the rise in risk sentiment and the rebound of the US dollar, the price of gold fell sharply, hitting a new low since late July, and once fell below the psychological barrier of US$1,800. A series of good news about vaccines has been suppressing the price of gold, but TD Securities pointed out that the outflow of funds from safe-haven assets is "misguided": "We reiterate that it is wrong to withdraw funds from gold ETFs. The vaccine will ultimately bring good news to gold investors. Under the Fed's flexible average inflation target system, the Fed will try to stimulate inflation to exceed the target for several years. Plus nominal interest rates Keeping basically unchanged, the vaccine should help push up inflation expectations, thereby benefiting gold prices." 1. Investors are "led away" by the vaccine and ignore a major anomaly The market only saw the positive side, but did not consider the problems encountered in the widespread distribution of vaccines. The high risk sentiment of ordinary investors is completely out of touch with the development path of vaccines. After all, the storage and transportation of vaccines are very complicated. For the rest of 2020, investors will continue to struggle between the hope of vaccines and the rising number of cases. Since the outbreak in the United States, new cases in November have accounted for about a quarter of the total new cases. The medical system is under tremendous pressure. At least 83,000 patients with new coronary pneumonia are hospitalized, and this number continues to rise. Strangely, risk appetite is heating up. Bank of America’s monthly survey report shows that the level of cash in the portfolio has dropped to 4.1%, the lowest level since January. Cash level refers to the percentage of total mutual fund assets held in the form of cash or cash equivalents, and is an important aspect of maintaining mutual fund liquidity. Most mutual foundations maintain a 5% cash level in order to process transactions and daily liquidation operations. $ 2. The actions of the Federal Reserve are the number one factor leading the price of gold Whether the vaccine market will continue or stop in the next few weeks is still unknown. But it is clear that a lot of good news has been digested early, but the economic damage caused by the second and third waves of the epidemic has not yet appeared. Fiscal and monetary policies should continue to play an important role in preventing a deep recession, and investors should pay close attention to the actions of fiscal and monetary policymakers until we are confident that the economy can operate on its own without assistance. 3. The vaccine can kill the virus, but it can't kill the huge debt.
Hi I sold a few million GGP some at 2p some at ten pence .
Some were 10 bagger I’m not making the same mistake here,Sxx taught me though to take profits.
Bought a nice caravan for the lockdown.
I’m still holding GGP and see 60p but that’s 2 billion market cap.
Omi has the biggest uplift potential now .
I’ve been on these boards for 10 years and always willing to listen to advice but make my own mind up now.
A lot of people were saying sell when Newmont walked from GGP.I bought more.
We have fantastic gold grades,experienced team experts in there field.
A bullish outlook for gold,two majors involved with cash in the bank.
Other areas to exploit.
Low market
GLA
There was some mates rates involving the placements however I managed to pick up more under 20p.
Also at least they didn’t flood the market as already bought.
At 5.00 per share it will be irrelevant.
Good luck all
At the moment interest rates are low this will not always be the case.
The higher the national debt the lower our credit rating.
Look what happened to Greece unable to borrow.
So we will all pay the piper at some point.
Local governments will be squeezed services slashed.
So it’s the right thing to do
Hi expru have Thr an Alba also.
However have done well with GGP JD Nxt and also Newmont.
Even my bitcoin and XRP recovered well on my EToro account.
This however is my biggest holding now and I see the greatest uplift here .
Happy Xmas
????This has never happened before in the past 25 years! For five consecutive quarters, there have been positive cash flow in gold mining stocks. And that's quite a change, because since the 1990s there has been negative cash flow for almost 30 years. Simply put, this means transforming the gold sector in a cash flow machine. And if you take that into account, you quickly come to the conclusion that there is still an undervaluation within the gold sector. An important catalyst for the gold market is the expectation of rising inflation(Money printer). Goldman Sachs says the gold price will receive a positive boost when investors start to worry about inflation in 2021. Goldman Sachs has a target price of $ 2,300 per troy ounce by 2021.
MEDELLIN, Colombia--(BUSINESS WIRE)--Orosur Mining Inc. (“Orosur” or “the Company”) (TSX/AIM: OMI) the South America-focused gold producer, developer and explorer is pleased to report new results from the ongoing step-out drill program at its 100% owned high grade Anzá project in Colombia. These are the last drill holes (MAP_63 to MAP_71) from the APTA target in this exploration campaign, with a further five drill holes planned and currently underway at Charrascala, a highly prospective and untested target within the broader Anzá land package.
HIGHLIGHTS
Orosur’s APTA geological model and understanding has improved and been validated by current drilling
Drilling has extended the mineralized zone a further 95m down dip, to a total depth of 400m
In the South of APTA, mineralization has been recognized at lower depths
APTA mineralization remains open along strike and at depth
Notable MAP_70 drill intercepts including:
9.62g/t Au over 6.0m
9.42g/t Au over 7.0m
23.66g/t Au over 1.0m
5.28 g/t Au over 12.0m
I agree with this scenario I’ve been posting for 5 years on GGP when I first bought.
I will not post negatively unless it’s a blatant fraud.
It’s a long game on these types of shares and had plenty of ups on downs there after Newmont pulled.
I sold too many at a 5 bag my only regret.
OMI have now the bigger uplift potential.
Experience board experts in there field.
A commodity growing in value and world production falling.
Funding now in place to fast track the drilling.
The previous scatter drill results produced world class grades.
Other potential targets to exploit.
Low market cap.
Government backing for exploration.
The economic impact of the virus still unfolding.
I’m looking forward to next year as it all unfolds.
Happy Xmas all
it's time to hold on. We are in a very volatile period, where markets seem to ignore the disaster of the real economy. So the price of gold is inevitably going down. This obviously doesn't help our gold stocks despite the crashes in the gold price of November 7 Now it is a matter of time: when the current retracement (and the madness of the financial markets) ends, the gold price will inevitably rise again very quickly. It is not a question of "if", but of "when": and when it happens, we will already be in the right position to collect large profits. Good trading and stay safe.
About 3 news releases a month for October November not that bad.
I’ve sold my funds and hopefully get cash tomorrow to double my holding.
I’ve been on these boards for ten years and investing for much longer.
Nothing has changed I was posting in GGP pin 2017 and at times news was limited.
This will turn fast the small amount of free flow effects the fall and rise in a much grander scale then GGP.
I’m here to we match GGP market cap .